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asianhospitality

Handicapping The NFL OROY Race - Asian Hospitality - 0 views

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    The last two National Football League Offensive Rookie of the Year pursuits quickly turned into two-horse races between a quarterback who was drafted first overall and a running back. Last year, it was the QB, Kyler Murray of the Arizona Cardinals, who outdistanced running back Josh Jacobs of the then-Oakland Raiders. In 2018, QB Baker Mayfield of the Cleveland Browns staged a late rally in the chase for NFL OROY but couldn't run down the leader, running back Saquon Barkley of the New York Giants. Mayfield and Barkley were selected 1-2 in the 2018 NFL Draft. The NFL OROY is annually a popular prop wager with bettors at online sites like the Bovada sportsbook, because of its volatility and unpredictability. The betting odds on this wager tend to be fairly long. Once again this season, though, the battle has again rapidly taken on the look of a two-player showdown. The difference this year is that the two players are both QBs. Joe Burrow of the Cincinnati Bengals, like Murray (2019) and Mayfield, a QB selected first overall in the 2020 draft, was the early leader. Recently, though he's been overtaken by another first-year passer, Justin Herbert of the Los Angeles Chargers.
asianhospitality

HAWKEYE HOTELS, JR HOSPITALITY OPEN TRIO OF HOTELS MILWAUKEE - 0 views

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    HAWKEYE HOTELS IS making its premier in downtown Milwaukee with a dual brand Home2 Suites by Hilton and Tru by Hilton along with a neighboring Holiday Inn Express. The hotel campus will employ more than 100 workers and provide a total of 331 rooms. The 115-room Home2 Suites and 100-room Tru will occupy one of the two buildings in the campus with the 116-room Holiday Inn Express next door. Along with being the first properties Hawkeye Hotels has opened in the city's downtown, each hotel is the first of its brand in that part of the city. "We are very excited to be a part of the Downtown Milwaukee community. Although the market has slowed down in recent times due to Covid, we are extremely optimistic that Downtown Milwaukee will continue to grow in the years to come," said Jay Patel, Hawkeye Hotels development manager. "We look forward to hosting a grand opening next year once it is safe to do so."
asianhospitality

AAHOA supports New Jersey franchising related legislation - 0 views

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    THE NEW JERSEY legislature is considering legislation that would strengthen protections for franchise businesses in the state, including hotels. AAHOA recently visited the state's capital to express its support for the bill. Assembly Bill 1958 would make changes to the New Jersey Franchise Practices Act that could benefit the hospitality industry, AAHOA said in a statement. Specifically, the changes include restricting non-competes for longer than six months; prohibiting requiring a relocation or capital investment greater than $25,000 more than once every five years unless hotel franchisers can establish a return on the investment; requiring a franchiser that receives "any rebate, commission, kickback, services, other consideration or anything of value" to fully disclose them to the franchisee and turn them over to the franchisee; putting restrictions on mandatory sourcing of goods or resources; and prohibiting suspending, restricting or preventing access to franchise services. Several AAHOA representatives attended a hearing at the New Jersey State Assembly on May 12 to support the bill. They included AAHOA's Mid Atlantic Regional Director Mahendra "MZ" Patel, Past Chair Bhavesh Patel and Laura Lee Blake, the association's recently appointed president and CEO.
asianhospitality

Baird/STR stock index up 16.4 percent in January - 0 views

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    THE BAIRD/STR HOTEL Stock Index jumped 16.4 percent in the first month of 2023, according to STR. A drop in recession fears and other factors gave investor confidence a boost, the research firms said. In January, the Baird/STR Index surpassed both the S&P 500, up 6.2 percent and the MSCI US REIT Index, increased 10.5 percent, STR said in a report. The index dropped 10 percent in December, and it was down 15 percent for 2022. According to STR, the Hotel Brand sub-index increased 16.2 percent from December to 10,342, while the Hotel REIT sub-index rose 17.1 percent to 1,216. "Hotel stocks rebounded sharply in January and were significant outperformers as the back-and-forth recessionary concerns once again subsided to start the year," said Michael Bellisario, senior hotel research analyst and director at Baird. "Industry-wide RevPAR trends finished the year on a strong note despite tougher calendar comparisons and weather-related travel disruptions in December. Several Hotel REITs provided fourth-quarter operational updates, and performance generally was in line with prior expectations. More broadly, investor sentiment has improved, which boosted stock prices across the board in January, but the macroeconomic indicators have remained mixed."
asianhospitality

AAHOA continues support for NJ franchise reform law - 0 views

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    AAHOA MEMBERS RECENTLY testified in support of New Jersey Assembly Bill 1958, which would make changes to the New Jersey Franchise Practices Act that could benefit the hospitality industry. The association's support for specific parts of the bill is at the center of a division between AAHOA and two major hotel companies over franchise reform. On March 22, 30 AAHOA members attended a hearing of the New Jersey Assembly Commerce and Economic Development Committee during which the bill was passed out of the committee. Several of the members also testified, according to AAHOA. AAHOA members own 45.4 percent of New Jersey hotels, representing 46,124 rooms, the association said. "As the largest hotel owners association, representing the exclusive interests of America's hotel owners, AAHOA showed up in New Jersey to testify in support of amendments to the legislation to improve the franchise model," said Nishant "Neal" Patel, AAHOA chairman. Last May, a contingent of AAHOA members testified in favor of the bill in front of the New Jersey Assembly Judiciary Committee, particularly the aspects of the bill that match AAHOA's 12 Points of Fair Franchising. Specifically, the franchise reform changes supported by AAHOA include restricting non-competes for longer than six months; prohibiting requiring a relocation or capital investment greater than $25,000 more than once every five years unless hotel franchisers can establish a return on the investment; requiring a franchiser that receives "any rebate, commission, kickback, services, other consideration or anything of value" to fully disclose them to the franchisee and turn them over to the franchisee; putting restrictions on mandatory sourcing of goods or resources; and prohibiting suspending, restricting or preventing access to franchise services.
travellblogger

Cheap Flights to Memphis to Bogota - 0 views

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    Trip to Bogota this year with your family? Bogota is a place of heritage and culture and everyone should visit this place at least once in their lifetime to enjoy the beauty of this place. FaresMatch will help you find the cheapest flights to Bogota from Memphis.
asianhospitality

NexGen Hotels acquires Hotel Versey in Chicago - 0 views

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    NEXGEN HOTELS RECENTLY acquired the 137-room Hotel Versey in Chicago, Illinois. The boutique property will be managed by Genuine Hospitality Group of St. Louis. The acquisition marks the first for NexGen in 2024, under the leadership of Chris Patel as president. In November and December, the company acquired around three hotels within a few weeks. "The Hotel Versey has been on our radar for a long time as it is steeped in rich hospitality tradition that dates back to the 1920s," said Patel. "We hope to continue on with this tradition with this completely one-of-a-kind hotel." The hotel is located near 1920s Diversey Arms building, a Northside Chicago landmark that once served as the home of jazz musician Bix Beiderbecke. Additionally, it is close to Wrigley Field, Lake Michigan, Lincoln Park Zoo, DePaul University, and the Peggy Notebaert Nature Museum.
Zack Martin

Southend Serenity: Your Relaxed Arrival at Southend Airport with Airport Pickdrop - 2 views

Southend Airport (SEN), the newest addition to London's airport network, might seem like the least familiar on your travel itinerary. However, don't let its newness deter you! Here at Airport Pickd...

Travel

started by Zack Martin on 16 Apr 24 no follow-up yet
asianhospitality

BWH Hotels expanding in India with WorldHotels - 0 views

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    ARIZONA-BASED BWH Hotels, known for brands like Best Western Hotels & Resorts, plans to expand into South Asia by introducing WorldHotels to markets including India, Bangladesh, and Sri Lanka. BWH Hotels, the company that acquired WorldHotels in 2019, is now established in South Asia through Sorrel Hospitality, the master franchisee based in New Delhi. According to Indian media reports, Sorrel Hospitality will extend its presence into Bangladesh and Sri Lanka. The company expects to have around 51 hotels by the end of 2024, including 3,000 rooms once the pipeline becomes operational. All these hotels are signed in these three markets, with an additional six hotels in the India market, the report in the Economic Times said. Larry Cuculic, president and CEO of BWH Hotels, expressed the company's commitment to strengthening its presence in India and raising standards in accommodation and guest satisfaction.
himachatour635

Shimla Manali Tours,Manali Tours,Manali Honeymoon Package tours,Himachal Tour,Package t... - 1 views

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    Himachal Tour and Travels @ Awesome Trips pvt. Ltd. We at Awesome Trips Pvt. Ltd. at himachaltourandtravels.in are your authentic travel partners who will take every step for you. Just lay your trust on the best in their class. We provide impressive tour packages, perfect travel plans, amazing and accountable itineraries and more. Awesome Trips is your destination to arrive so you can travel well. You'll get instant plans, ideas, full travel agent help and support. All under one roof. Your association with us will be a reward in itself. A lot of time, you can save. Moreover you don't even need to browse through different sites and consult others. Our venture is an endeavour to serve the travellers in the best possible way. We at Awesome Trips are operate around entire country. You can choose from various destinations across the country. Our range of service and providing a perfect tour package is a promise at high priority. Just plan your trip the way you want. Our line of travel packages are diverse and interesting at the same time. You can even customise the itenirary as per your own convenience. The tour packages include a huge variety. Ranging from mountain tours like Shimla-Kullu-Manali, Dharamsala-Dalhousie. Moving towards the planes, Delhi-Agra-Rajasthan and more. There are all kind of plans, tour packages available. Come travel with us to the destination of your dreams. About the thrill and joy, You'll have to experience the mesmerising tours yourself. As they say there's no substitute to personal experience. Indian tour packages are well planned, researched and formulated, keeping in mind the ease. Customers' convenience and satisfaction is our top priority. We provide the best and value for money packages for people across the globe. Come explore the nation with great ease and expertise. Our Travel agents are well equipped with great expertise in their respective fields. We give significance to the need and demands of our clients. Browsing through our
asianhospitality

Report: Tourists to maintain or increase travel spending in 2024 - 0 views

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    TOURISTS ARE PROJECTED to maintain or increase their travel spending in 2024 compared to the previous year, according to American Express Travel's "2024 Global Travel Trends Report". Approximately 84 percent of respondents from countries including the U.S., Australia, Canada, India, Japan, Mexico, and the U.K. anticipate spending the same or more, with 77 percent prioritizing the quality of their travel experience over cost considerations. "Travelers are focused on creating the right itineraries and building memories, whether that means booking a trip to see a favorite sports team compete or taking a once-in-a-lifetime expedition cruise," said Audrey Hendley, American Express Travel's president. "Our 'Global Travel Trends Report' sheds light on what is driving global travel bookings and provides inspiration for where to go next." About 65 percent of respondents express greater interest in embarking on a major trip in 2024 compared to previous years, the report said. Additionally, 72 percent prefer saving money for a major trip over spending it on social outings with friends. More than half of respondents intend to save for a major trip over a span of six months to two years.
asianhospitality

New Jersey franchise law stalled in state senate - 0 views

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    THE PROPOSED FRANCHISE reform legislation in New Jersey that has driven a rift between AAHOA and several large hotel companies has stalled in the state's legislature. AAHOA said it was misinformation that delayed the bill's passage, while the American Hotel & Lodging Association said the bill "would have destroyed the hotel industry's franchise model." It will return Assembly Bill 1958 would make changes to the New Jersey Franchise Practices Act that could benefit the hospitality industry, AAHOA said previously. Specifically, the changes include restricting non-competes for longer than six months; prohibiting requiring a relocation or capital investment greater than $25,000 more than once every five years unless hotel franchisers can establish a return on the investment; requiring a franchiser that receives "any rebate, commission, kickback, services, other consideration or anything of value" to fully disclose them to the franchisee and turn them over to the franchisee; putting restrictions on mandatory sourcing of goods or resources; and prohibiting suspending, restricting or preventing access to franchise services.
asianhospitality

New Jersey franchise reform bill takes a step forward - 0 views

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    ONE VERSION OF a proposed New Jersey bill that would reshape hotel franchising in the state has passed out of committee in the Assembly but efforts reportedly are under way to amend it to address opponents' concerns. The Senate version of the bill remains in committee. The American Hotel & Lodging Association, a long-time critic of the proposed legislation, called the Assembly Committee on Commerce, Economic Development and Agriculture's passage of the bill a "dangerous step forward." Supporters of the bill, including AAHOA as well as sponsors of the bill, did not respond to requests for comment in time for this article. What's at stake The bills, A3495 in the Assembly and S2336 in the Senate, were introduced at the beginning of the year to replace the original legislation that stalled in the state's legislature last year. It is essentially the same as its prior incarnation. Specifically, the provisions include restricting non-competes that are longer than six months; prohibiting requiring a relocation or capital investment greater than $25,000 more than once every five years unless hotel franchisers can establish a return on the investment; requiring a franchiser that receives "any rebate, commission, kickback, services, other consideration or anything of value" to fully disclose them to the franchisee and turn them over to the franchisee; putting restrictions on mandatory sourcing of goods or resources; and prohibiting suspending, restricting or preventing access to franchise services.
asianhospitality

Wyndham's net income, pipeline growth recovering after failed Choice bid | USA 2024 - 0 views

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    WYNDHAM HOTELS & RESORTS is quietly bouncing back after Choice Hotels International's failed takeover bid. The company reported a net income of $86 million for the second quarter ending June 30, a 22.8 percent increase from $70 million the previous year. Wyndham's global pipeline grew 7 percent year-over-year, with a 5 percent increase in the U.S. alone. Its net income increase was driven by higher adjusted EBITDA, a benefit from the reversal of a spin-off matter and a lower effective tax rate, Wyndham said in a statement. "The resilience and highly cash generative nature of our business model was once again on full display this quarter," said Geoff Ballotti, Wyndham's president and chief executive officer. "Amid a normalizing domestic RevPAR environment, we delivered strong adjusted EBITDA driven by net room and ancillary fee growth. We awarded 33 percent more hotel contracts domestically which grew our development pipeline to a record 245,000 rooms, and drove significant increases in our U.S, international and global royalty rates. Year-to-date, we've returned over $250 million to shareholders, representing 4 percent of our beginning market capitalization this year."
Holiday Mood

Johannesburg the Sun and Gold City of South Africa - 0 views

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    Johannesburg, a very important city in South Africa in terms of population wealth and Developments once was a city visited by many in search of Gold reef and in search of work growth and developments.Flights4johannesburg is a travel company which specializes in travel Flights And Packages To Johannesburg.
georgescifo

Get Ready for Jaisalmer Desert Festival 2013 in Rajasthan, India - 0 views

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    The time has come for the travelers to set their eyes on Jaisalmer once again, as the popular Jaisalmer Desert Festival 2013 is around the corner and travelers from across the world has started booking their travel tickets in advance to take part in this unique desert fair in Rajasthan.
Babu karki

Everest Base Camp Trek - 0 views

Everest Base Camp Trekking The Everest Base Camp trekking is the most famous trekking route in the world and this is a once in a lifetime opportunity to see some of the most breathtaking scenery im...

Base Camp Trek everest

started by Babu karki on 25 Mar 12 no follow-up yet
Tony say

Avail The Perfect Keswick Hotel Accommodation With These Factors - 0 views

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    Once the location and all these features have been dealt with, it is now time to look into issues of room comfort. One must carefully look at the features associated with the rooms.
anonymous

Distinguishing Aspects About Mobile RV Repair Indianapolis - 0 views

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    By Jaclyn Hurley People always like comfortable moments in their lives. This results to them investing in their time and money to ensure they achieve this. They travel away from their home once in a while so as to enjoy themselves. Since they want to feel at home away from home they ensure they acquire everything that will make them ever happy. This is mostly achieved through the use of recreational vehicles during their trips. This calls for a need to ensure the RV is operating in good conditions always. This is achieved by ensuring it is well repaired and maintained. Thus there is a need to involve an expertise repairer who will never frustrate you. Mobile RV repair Indianapolis has all what it takes for the best and quality services with no disappointments.
Margaret Skipper

Cheap Travel Ideas - 0 views

I posted last week about how to travel for free by working around the world and in other countries. This week i wanted to highlight ways to just travel for cheap. Like small vacations that don't re...

started by Margaret Skipper on 26 Sep 13 no follow-up yet
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