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asianhospitality

Baird/STR Hotel Stock Index up 1.4 percent in April - 0 views

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    STEERED BY SEVERAL factors, including the strong performance by several hotel brands, the Baird/STR Hotel Stock Index increased 1.4 percent in April to a level of 5,430, STR said in a statement. Growth is slowing, STR said, but will continue for the next quarter or more. "Hotel stocks increased in April, and the gains were driven by outperformance from the global hotel brands," said Michael Bellisario, senior hotel research analyst and director at Baird. "RevPAR trends have remained solid in the face of growing macroeconomic uncertainties and continued banking turmoil, and first-quarter earnings generally have surprised to the upside with positive full-year estimate revisions occurring. The Hotel REITs declined more than 2 percent in April and underperformed the RMZ, while the global hotel brands gained just over 2.5 percent and outperformed the S&P 500's return by 100 bps." According to STR, the Baird/STR Hotel Stock Index fell slightly behind the S&P 500, which was up 1.5 percent in April but came in above the MSCI US REIT Index, up 0.7 percent. The hotel brand sub-index jumped 2.5 percent from March to 10,178, while the hotel REIT sub-index dropped 2.6 percent to 1,045, it added. "The industry continues to revert to normal patterns and calendar shifts with growth slowing as forecasted," said Amanda Hite, STR president. "Monthly demand fell year over year for the first time since the recovery began in April 2021, but that decrease can be attributed to an extra Sunday on the calendar this year versus last. Without the extra Sunday, which is historically a low-performance night, demand would have been slightly up from last year. ADR, on the other hand, grew 3.4 percent, while RevPAR was up 1.8 percent - the lowest increase of the recovery thus far. Despite slowing growth, we expect the industry to see further gains throughout the summer and fall."
davsafaristrip

Avoid these common mistakes when reserving permits for golden monkeys in Uganda and Rwanda - 1 views

Avoid these common mistakes when reserving permits for golden monkeys in Uganda and Rwanda Tour Company: Dav Safaris Website: https://davsafaris.com/ Email: info@davsafaris.com Tourists t...

travel hotel Tatil Otelleri Rezervasyon in Otel Dahil

started by davsafaristrip on 22 Jul 22 no follow-up yet
asianhospitality

Wyndham introduces new software platform during conference - 0 views

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    WYNDHAM HOTELS & RESORTS franchisees now have access to a package of new guest engagement platforms at no cost, the company announced at its 2023 Global Conference in Anaheim, California. Wyndham executives also discussed the company's continued growth, including international developments and investments in India. Wyndham Community, the company's new owner engagement platform, was developed with feedback from the company's franchise advisory and brand councils. The software packages cover guest messaging, mobile check-in and check-out and upselling, all rolling out over the next few weeks. "Our focus is really, first and foremost, creating programs that franchisees aren't mandated to participate in, but have the opportunity to opt into," said Geoff Ballotti Wyndham's president and CEO. "Opting into a program like our most opted into program, Signature Reservation Service, allows them to not just drive $22,000 on average of incremental revenue at $1,000 cost, which is why 4,500 of our 6,000 us franchisees have opted into that. They haven't been mandated to sign up for the service, but they know it just makes a whole lot of sense."
asianhospitality

Homewood Suites by Hilton Atlanta/Perimeter:Elegant Revival - 0 views

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    APERTURE HOTELS AND Satori Collective have completed a multi-million-dollar renovation of Homewood Suites by Hilton Atlanta/Perimeter Centre in Atlanta. This revamped hotel will cater to extended-stay guests, the companies said in a statement. Aperture Hotels focuses on hotel management, while Satori Collective is a commercial real estate investment firm. The renovation involved improvements to the hotel's public spaces, guest rooms, fitness center, meeting facilities, and exteriors, the statement added. "With the conclusion of this comprehensive, multi-million dollar renovation, the Homewood Suites by Hilton Atlanta/Perimeter Centre has achieved 'like-new' status, effectively becoming the newest extended-stay hotel in the Atlanta Perimeter submarket," said Charles Oswald, president and CEO of Aperture Hotels. "This year continues to provide strong growth for Aperture. In addition to overseeing renovations, we have added six new properties to our portfolio of third-party managed hotels and have several more exciting properties in the immediate pipeline."
manjunath ap

Airport Pickup and Drop - One Day Trip - Tejas Travels - 0 views

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    Our help desk support engineers are very brilliant and talented in planning one day tour in and around Bangalore. They search for the best, beautiful, ancient, marvellous and amazing places make the day tour to compete with full joy and enjoyment. You may be group of people or may be crowded (i.e.. 1- No limit of people) don't worry we have a fleet of vehicles to serve you. There are so many packages designed based on the requirement of the customers and visitors. You have the facility to customize your tour based on your need, there no compulsion to have the complete tour as mentioned. Just make a call and get our vehicle at your feet or door step with in no time. Whatever it may be the time and destination we are dedicated to provide service to our customers. We provide services like pick and drop transport facility. You can book a cab for airport pick up and drop facility online through our web portal. Our main office is in Marathahalli/hoskote and we are providing services in Mysore and Bangalore like Banashankari, Basavanagudi, CV Raman Nagar, Domlur, HAL, Hebbal, Hoskote, HSR Layout, Indiranagar, Jalahalli, Jayanagar, JP Nagar, Kadugodi, Koramangala, KR Puram, Madiwala, Majestic, Marathahalli, MG Road, Nagavara, Rajajinagar, RR Nagar, Ulsoor, Vijayanagar, Whitefield, Yeshwantpur.
asianhospitality

HotStats COO IDs labor, return of corporate travel as most pressing issues - 0 views

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    THE MAJOR CHALLENGES faced by U.S. hotels are labor, the return of corporate, group and conference travel, the impact of inflation on cost lines and the energy crisis, said Michael Grove, COO of HotStats, in a recent presentation. In the same session at the International Hospitality Investment Forum, panelists debated the best metric by which to measure industry performance. While speaking during a panel session at IHIF titled "Decoding the Data", Grove said that the most pressing issue is fixed costs are being replaced by oncoming growth in the variable areas which changes the dynamic of the cost base. "One of the key items around the average rate growth is what's going to happen when the full business mix returns," Grove said. "We still have a lot more of the lower-rated business to come back-the tours and groups and the other segments. We need to look at the impact on the cost lines themselves, the expense items around the P&L and what impact inflation is having on those, what impact the labor challenge is having.
asianhospitality

U.S. to end pre-departure COVID testing for international visitors - 0 views

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    THE U.S. IS expected to lift its requirement for pre-departure COVID testing by international travelers bound for the country. Travel industry organizations that have been lobbying for ending the test requirement welcomed the decision announced on Friday. Beginning Sunday, fully vaccinated travelers will no longer have to test negative before entering the U.S., according to media reports. After learning of the plan to lift the testing requirement, the U.S. Travel Association, which last month met with White House officials, along with Airlines for America, to make their case against the pre-departure testing said in a statement that the decision was expected to add 5.4 million visitors to U.S. and $9 billion in travel spending through remainder of 2022. "Today marks another huge step forward for the recovery of inbound air travel and the return of international travel to the U.S. The Biden administration is to be commended for this action, which will welcome back visitors from around the world and accelerate the recovery of the U.S. travel industry," said Roger Dow, USTA president and CEO. "International inbound travel is vitally important to businesses and workers across the country who have struggled to regain losses from this valuable sector. More than half of international travelers in a recent survey pointed to the pre-departure testing requirement as a major deterrent for inbound travel to the U.S."
asianhospitality

Why we must support the American Dream with fair franchising - 0 views

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    HOTEL OWNERS NAVIGATING industry changes wrought by the pandemic face no dearth of challenges: the decline in business travel, competition from home rental apps and ongoing labor shortages are just a few. Too often, the people owning the hotels - many of them small business owners - are figuring out how to adapt to the new hospitality landscape with added complications from the hotel brands that should be their partners. While many hotel owners have struggled to maintain their livelihoods since the pandemic began three years ago, some big hotel chain franchisers sold hundreds of millions of dollars' worth of loyalty point value to credit card companies under a system that often fails to adequately reimburse the franchisees. That is the thanks these hardworking franchisees got as they worked hard to keep hotel doors open. It does not have to be this way. Generations of franchise owners have successfully embraced entrepreneurship through the franchising model. Franchising allows budding entrepreneurs to adopt a known brand name and comprehensive business strategies in exchange for a portion of the revenue. This partnership has nurtured our industry: Hotels owned by our members employ 1.1 million Americans and contribute $368 billion to the economy. But the franchising relationship needs to be a two-way street to be truly successful. That is why we must ensure that the franchise industry engages in sustainable practices that recognize and safeguard the contributions of small business owners.
asianhospitality

WTTC's Hotel Sustainability Basics surpasses 1,700 properties globally - 0 views

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    HE WORLD TRAVEL & Tourism Council's Hotel Sustainability Basics, a global initiative assisting hoteliers in improving their sustainability ratings, recently surpassed 1,700 verified hotels across 70 countries worldwide. Hotel groups from destinations such as France, China, Mexico, India, Germany, South Africa, Philippines and Norway joined the initiative, WTTC said in a statement. During its first year, Hotel Sustainability Basics gained endorsements from destinations worldwide, including the Caribbean, Mauritius, Colombia, UAE, Azerbaijan, Mexico, and Ecuador, the statement said. Hotel brands, including Jin Jiang, Louvre Hotel Group, Choice Hotels and Radisson Hotel Group, have adopted Basics. Other major brands joining the initiative include Intrepid, British Airways Holidays, HBX Group, WebBeds and Abercrombie & Kent. "Our goal is to have a globally recognised trademark that shows customers at a glance, that a hotel is supporting the planet by saving energy, cutting plastics, protecting nature, and supporting their local community," said Julia Simpson, WTTC's president and CEO. "It is a win win. We launched the scheme only a year ago and the uptake has been incredible. 70 countries have signed up with over 1700 properties verified with a long waiting list. It will bring lasting change."
asianhospitality

Discover How Thailand's Online Gambling Scene Thrives! - 0 views

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    Online Gambling is an industry that thrives on people who are either new to gambling or have been a gambling enthusiast for many years from the comfort and security of their home. With the ongoing pandemic situation, the rise in gambling is evident as people are bound not to leave their houses. Thus, several players have emerged at this time. However, Thailand has banned any form on gambling premises due to the problems people faced. There exist strict laws that can put you behind bars if you are caught gambling somewhere physically. HOW DOES THAILAND HAVE A FLOURISHING CASINO MARKET? Today, the rise of mobile casinos like GClub Casino has diminished any chances of facing unnecessary issues related to gambling. Thailand's gambling laws are ancient, which does not include any provisions around the existence of online gambling. This loophole created out of no presence of the legislation related to online gambling rules out any chances of you getting into legal problems. Thus, there are no online casinos that operate within Thailand. Instead, online casinos operate offshore for gambling enthusiasts. One such online casino is the GClub Casino.
asianhospitality

Sonesta celebrates unity at inaugural conference - 0 views

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    UNITY WAS THE theme at Sonesta International Hotels' inaugural conference in Las Vegas. Sonesta essentially completed its integration with Red Lion Hotels Corp. with the announcement of a unified loyalty program, Sonesta Travel Pass, and combined website. Approximately 1,300 attendees, including franchisees, general managers of Sonesta's corporate owned properties and employees, came to the conference and trade show at The Venetian Resort Las Vegas. Along with keynote speakers and entertainment, the conference provided updates on the company's status. "My team and I have been looking forward to this moment for months to finally be with you, to talk with you, to listen to you and your guests and to show off a little to you," said John Murray, executive vice president for The RMR Group that owns Sonesta. "Because we really do have a lot to show off. We also have a lot to celebrate. Today we're here to celebrate the transformation of Sonesta and Red Lion's histories into our future as one Sonesta."
manjunath ap

TOURS AND TRAVELS IN BANGALORE - 0 views

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    When you think of traveling by road in Bangalore, travel world-class with Tejas Tours and Travels. Serving for the last 25 years, we are amongst the pioneers in Bangalore travels. When you are looking to hire a cab or mini bus, tempo traveller, or a big Bus, we have the best options that will suit your requirements. For business travel, reaching from point A to B, wedding travel, picnics, etc. we have the best vehicles for you. From a Suzuki Swift Dzire to a Rolls Royce, we have a fleet of vehicles that can serve all needs.
Elisa Graceffo

Are you Eligible to Get US Passport with a Felony Record? - 0 views

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    Have you not applied for passport yet, just because you have felony records? Having a criminal record doesn't mean you need to stay on house arrest forever. Most people with criminal records, even those with felony convictions, are eligible to get a US passport. There are only very limited circumstances in which US citizens with criminal records can be denied passports or have their passports revoked. Read PassportInfo's complete post here to know when you are allowed to travel abroad and how passport expediting services can be a great help for that. Also know about the countries that have special rules for visa application with criminal records.
tours northindia

Hotel Amet Ki Haveli Udaipur - Stay in Rajasthani Style - 0 views

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    Hotel Amet Ki Haveli is perfect choice for holidaymakers who desire to stay like Rajasthani style. Located 2kms away from all major attraction and provided 11 stylish rooms with world-class facilities, health club and traditional buffet foods.
tours northindia

17 Nights / 18 Days Historical Palaces and Havelis Tour - 0 views

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    17 Nights / 18 Days Historical Palaces and Havelis Tour allow you to experience the cultures and stunning destinations of the cites like Delhi, Mandawa, Bikaner, Jaisalmer, Jodhpur,Bundi,Udaipur,Pushkar,Jaipur and Agra. Snap your morning photos with historical places of Jaipur.
yatraweb yatraweb

Cheap Air Tickets at lowest airfares with Yatraweb India - 0 views

Overview/article/story yatraweb.com is a travel specialist with extensive experience in co-ordination sightseeing and transportation, hotel booking for groups, corporates and the individual leisure...

flight flights air travel tickets booking cheap ticket train

started by yatraweb yatraweb on 26 Sep 12 no follow-up yet
John john

Having Wonderfull Journey With Family  - 0 views

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    Are you within the mist of planning an international trip? In case you are, have you ever already made your travel arrangements? When you have but to make your journey preparations, particularly your airline reservations, you could want to take a few minutes to look at the chartering of a non-public jet. Personal jet charters are the proper technique to get to your vacation spot, whether that vacation spot is taken into account at home one or a global one.
zulusafaris

Safari Durban to Kruger National Park | South African tour Packages - 0 views

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    1st Zulu Safaris is a tour operation based in Durban South Africa. Our main services include Tours and Transfers. Our offices are located at the uShaka Marine World and on the O.R Tambo parade at the Tropicana hotel.We have recently been nominated as the winner of 2013 Trip Advisor Award.
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    1st Zulu Safaris is a tour operation based in Durban South Africa. Our main services include Tours and Transfers. Our offices are located at the uShaka Marine World and on the O.R Tambo parade at the Tropicana hotel.We have recently been nominated as the winner of 2013 Trip Advisor Award.
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    1st Zulu Safaris is a tour operation based in Durban South Africa. Our main services include Tours and Transfers. Our offices are located at the uShaka Marine World and on the O.R Tambo parade at the Tropicana hotel.We have recently been nominated as the winner of 2013 Trip Advisor Award.
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    1st Zulu Safaris is a tour operation based in Durban South Africa. Our main services include Tours and Transfers. Our offices are located at the uShaka Marine World and on the O.R Tambo parade at the Tropicana hotel.We have recently been nominated as the winner of 2013 Trip Advisor Award.
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    1st Zulu Safaris is a tour operation based in Durban South Africa. Our main services include Tours and Transfers. Our offices are located at the uShaka Marine World and on the O.R Tambo parade at the Tropicana hotel.We have recently been nominated as the winner of 2013 Trip Advisor Award.
webmaster caper

Harasar Haveli Bikaner - 0 views

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    The moment you step into Harasar Haveli you get a feel of ancient Rajasthani culture, prolonging throughout your stay. It caters to domestic as well as international travellers providing great hospitality as per Rajputana tradition.
Elisa Graceffo

Money Saving Travel Tips While having Greater Experience - 0 views

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    Money should never be an obstacle to keep you away from traveling. There are many ways to travel even with the low budget and help you save money. Travel experts at PassportInfo.com have some amazing and effective travel tips for you that would not only help you save money but also give you travel secrets to have a deeper experience of your destinations. Check out them all!
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