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asianhospitality

BAIRD/STR Index Rose 6.8 Percent In October - 0 views

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    A CONTINUING SENSE of optimism about the nation's recovery among investors sent the Baird/STR Hotel Stock Index up in October. Hotel brands led the increase as concerns about the COVID-19 Delta variant began to ease. The Baird/STR index rose 6.8 percent during the month, and it also was up 20.7 percent year to date through the first 10 months of 2021. The index rose 5.2 percent during September compared to August. Still, the index was behind both the S&P 500, which rose 6.9 percent in October, and the MSCI US REIT Index, which rose 7.6 percent. The hotel brand sub-index rose 9 percent from September while the hotel REIT sub-index increased 0.5 percent. "Hotel stocks increased for the second straight month, but performance was led by the hotel brands once again," said Michael Bellisario, senior hotel research analyst and director at Baird. "The hotel REITs were marginally higher in October, while the hotel brands were the absolute and relative winners. Delta variant concerns are in the rearview mirror now, and investors are looking forward to the recovery continuing in 2022, particularly in some of the harder hit segments, markets, and regions that are poised to rebound strongly."
asianhospitality

MY PLACE OPENS IN GREEN BAY, WI - Asian Hospitality - 0 views

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    The My Place Hotel-Green Bay is now open in Green Bay, Wisconsin. It is owned by Asharam, LLC led by Principal Atul Patel. The 64-room extended-stay hotel is the 61st My Place hotel in the U.S. and the second in Wisconsin. It is part of My Place's Trend Hotels & Suites brand launched earlier this year. It is near Lambeau Field, home of the Green Bay Packers. "My Place is the perfect fit for this area. With a seamless building and opening process, we are excited to continue bringing family like hospitality to our guests," said Patel. Terry Kline, My Place executive vice president for franchise sales, said the My Place Hotel-Green Bay is suited to the current COVID-19 pandemic crisis. "As we continue to make sense of the new normal that continues to change around us, we look forward to the bright future ahead of us as we inspire future guests with our spirit of hospitality in Green Bay," said Kline.
asianhospitality

Report: Business travel revenue to drop $20 billion in 2022 - 0 views

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    THE BUSINESS TRAVEL revenue of U.S. hotels is expected to drop $20 billion this year, down 23 percent when compared to 2019, according to the American Hotel & Lodging Association and Kalibri Labs. It is already reported that hotels lost an estimated $108 billion in business travel revenue during 2020 and 2021 combined. The report said that business travel revenue, the largest source of revenue in hotel industry, will take significantly longer to recover. However, leisure travel is expected to return to pre-pandemic levels this year, the report added. "While dwindling COVID-19 case counts and relaxed CDC guidelines are providing a sense of optimism for reigniting travel, this report underscores how tough it will be for many hotels and hotel employees to recover from years of lost revenue," said Chip Rogers, president and CEO of AHLA. "The good news is that after two years of virtual work arrangements, Americans recognize the unmatched value of face-to-face meetings and say they are ready to start getting back on the road for business travel."
asianhospitality

Survey: U.S. hotels to exceed 2022 budgeting targets - 0 views

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    U.S. HOTELS FORECAST that their properties will exceed 2022 budgeting targets as the hospitality industry returns to normal, according to a survey by the Hospitality Asset Managers Association. The HAMA survey found a renewed sense of optimism among members. The Fall 2022 Industry Outlook survey revealed that around 60 percent of respondents believe most of their portfolios, more than 75 percent, will exceed 2022 budgeted RevPAR. Nearly half of participants expect 75-100 percent of their properties to exceed 2022 budgeted GOP, the survey said. Around 60 percent of full-service and above said that they expect to exceed 2022 budgeted GOP and just over 40 percent of select-service and below hotels forecasted to exceed 2022 budgeted GOP.
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."
manjunath ap

Travel Essentials You Must Carry - 0 views

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    Travelling is a gene within some that began with the rocking of the cradle. Their soul searches for new destinations to unwind and rejuvenate their energies that are often disrupted because of the chaotic urban life and hectic work life and stressed targets. Travelling is a sense of achievement for those who have a calling to tour and travel on trips where nature speaks in frequencies of harmony that re-energises their inner child to spread their wings and lighten.
asianhospitality

Websrefresh offers a guide to website copyright - 0 views

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    "Copyright" can look like a familiar yet technical term to understand in its absolute sense. Mainly, if referred to in context with websites, this can be a term that most people might not know fully about. To help you have complete knowledge about it, we will try to cover everything you need to know about website copyright in a comprehensive way for you to simplify all the legality that surrounds the term. What is website copyright? Website copyright is a legal authorization that gives the website owner the ultimate right over all the content. With the copyright, the website owner can sell or display their work in whatever regard on any platform. Copyright does not apply to any or everything. But, the digital content uploaded on the website specifically falls under the category of intellectual property, so whatever information goes on can be covered as copyrighted property.
asianhospitality

Travel industry urge end to pre-departure testing - 0 views

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    MORE THAN 260 travel industry and business organizations, such as the U.S. Travel Association, urged a repeal of the pre-departure testing requirement for vaccinated international air travelers. The requirement no longer makes sense in the current environment and discourages international travel at a time when a recent survey In a letter to White House COVID-19 Response Coordinator Dr. Ashish Jha, USTA and its cosigners noted that the economic costs associated with maintaining the measure are significant, with international travel spending 78 percent below 2019 levels. The letter stated that many foreign governments with similar infection, vaccination and hospitalization rates-including the UK, Germany and Canada-have already eliminated pre-departure testing requirements for vaccinated travelers.
kedarsingh1991

Rishikesh- Yoga Capital of the World | Adventure Capital of India - BloggerKedar - 0 views

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    A location that exemplifies serenity in the truest sense of the word because it is filled with serene ashrams and Ghats where you can find solitude in the midst of the chaos of the outside world. Rishikesh is a city, a tehsil in the Dehradun district of the Indian state, Uttarakhand. Located in the foothills of the Himalayas in northern India, it is known as the 'Gateway to the Garhwal Himalayas' and 'Yoga Capital of the World'.
asianhospitality

Leadership Series: Larry Cuculic with Asian Hospitality - 0 views

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    Recently, Larry Cuculic, president and CEO of BWH Hotel Group, sat down with Asian Hospitality to share his insights into the status of the Best Western Hotel brand and the industry as a whole. A video of the entire interview, the first in Asian Hospitality's "Leadership Series," is now available on the magazine's website. Subjects included the labor crisis, attracting new franchisees and the state of the economy. Below are excerpts from the interview along with additional information on the subjects discussed, including franchise relations, the labor crisis and changes the company has seen since his appointment to the top role. Franchise relations One of the biggest issues Cuculic discusses in the interview is maintaining positive relations with Best Western franchisees. He emphasized the need for openness and transparency. "We disclose all of our contract terms throughout the negotiation. I tell our people, I believe in karma," Cuculic said in the Leadership Series interview. "Karma doesn't forget a name or an address. If you treat someone who's thinking about coming into your brand reasonably fairly, and then when they sign a contract, you drive revenue to them, that's a win-win relationship. That's what we want. If you don't have that win-win relationship, they're going to leave and your reputation is that you don't support your hoteliers or believe in that relationship, which then hinders development." Cuculic said his training at West Point Military Academy and law school at Notre Dame University instilled in him an innate sense of fairness. Also, due to its structure, the company has to involve its members in every decision. "I'm the president, CEO of Best Western, I cannot design a governance change," Cuculic said. "The members vote on all those changes. Our board of directors approves our contracts."
asianhospitality

Hunter Hotel Investment Conference held for 35th year - 0 views

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    AT THE 35TH Hunter Hotel Investment Conference, there was plenty to talk about. Several Indian American hoteliers were speakers at the event at the Marriott Marquis in Atlanta March 19 to 22. This year's conference came with "a profound sense of purpose, no limits," said Lee Hunter chairman of the Hunter Conference during his welcoming address. "Over the next three days, we're going to hear from numerous industry experts, as leaders in this industry, we understand the importance of embracing change, challenging the conventions and pursuing new opportunities," Hunter said. "It's with this in mind that as we sat down to put forth our speaker lineup, this year, we focused on bringing new voices to distinguish. These voices are going to challenge you. They're going to inspire you, they're going to force you to think outside the box."
asianhospitality

Survey: 82 percent of American travelers prioritize sustainable travel - 0 views

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    APPROXIMATELY 82 PERCENT of American travelers see sustainable travel as important, with nearly half, 48 percent, viewing it as secondary to trip planning, according to a recent survey by Booking.com. However, roughly 32 percent expressed fatigue towards discussions on climate change. The survey conducted among 31,000 people across 34 countries and territories highlighted the need for collective action to maintain momentum toward a more sustainable travel industry, Booking.com said. "While many travelers have retained a sense of optimism and a desire to have a more positive impact, there is a critical opportunity for the industry to accelerate efforts to make those choices easier for everyone," said Danielle D'Silva, Booking.com's head of sustainability. "It's important that we continue ensuring that more sustainable options are not only readily available, but also easy to trust and understand. That's where we believe further education, clear and consistent standards and credible third-party certification of legitimate sustainable practices across the travel experience can really help. While the signals of consumer frustration should be a concern, it's also a reminder to maintain our focus on the impactful work we know can make a difference not only for travelers, but for communities and destinations everywhere."
asianhospitality

Hotels Revolutionize with EV Charging Stations - 0 views

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    In an era where sustainability and convenience are paramount considerations for travelers, hotels are embracing innovative solutions to stay ahead in the competitive hospitality industry. One such forward-thinking amenity that is transforming the guest experience and boosting revenue is the integration of electric vehicle charging stations. Beyond environmental consciousness, these charging stations offer a plethora of benefits that can significantly impact a hotel's bottom line. 1. ATTRACTING A GROWING MARKET SEGMENT The shift towards electric vehicles is undeniable, with more consumers opting for eco-friendly transportation. In the years to come more EVs will be hitting the roads. By installing EV charging stations, hotels tap into a burgeoning market segment, attracting EV travelers that plan their trips around EV chargers. This strategic move puts the hotel at the top of the list and positions the hotel as a progressive and forward-looking establishment. 2. ENHANCING THE GUEST EXPERIENCE Providing EV charging stations enhances the overall guest experience. Travelers with electric vehicles often face the challenge of finding suitable charging points during their journeys. By offering on-site charging, hotels alleviate this concern, fostering a sense of convenience and loyalty among guests. The seamless integration of charging stations into the guest experience contributes to positive reviews and encourages repeat bookings.
asianhospitality

Unlock Your Health Potential: How Video Games Transform Wellness - 0 views

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    Video games are a cornerstone of modern society. Through them, you can solve challenging puzzles, face others in battle, and go on daring adventures. However, they also play a part in physical and mental healthcare as well. While there are many documented studies, here are some of the ways they can improve your health. RELAXATION AND MEDITATION Repetitive games where you don't have to make a decision or solve puzzles repeatedly provides a sense of relaxation. However, some games are designed as an emotional outlet or story, causing a cathartic experience. Relaxation is one of the benefits of gaming at an online gambling service such as the Bwin casino, available in Hungary. You can find similar websites reviewed by Péter Deli; you can find his profile here, that'll take your mind off life and possibly win a bit as well. A game such as Animal Crossing provides an attractive and safe environment. The tasks aren't demanding, and if you fail, there's no negative effect. Playing titles such as this allows you to slow your thoughts or relax without worrying about losing anything.
Jacob Martin

Fulfill Planned Vacation to Loosen Up - 1 views

As a workaholic person, I could feel that my entire body needs some recreation and relaxation to sustain a healthy lifestyle. So, I planned to loosen up by taking a vacation. I shared the idea to m...

Accommodation Adelaide

started by Jacob Martin on 03 Jun 13 no follow-up yet
Marietta Nixon

Tips for Living Abroad - 0 views

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    When you are preparing to change your life and live abroad, an international automobile shipping company can help make the moving process easier and make your new life more pleasant. It is not unusual to feel alone or isolated in a new country and having your familiar vehicle will give you a sense of security and allow you to explore your new surroundings.
krish Nibiru

World Spa & Travel Magazine - 0 views

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    World Spa & Travel is the Luxury Online Travel Magazine. Covering the latest trends,insight into dream destinations to unexplored regions, in depth hotel & spa review, World Spa & Travel Magazine bridges the subjects of Spa & Travel in a very distinct way. While pleasing the senses and mind, World Spa & Travel Magazine brings inspirational, practical, unparalled content for audience of discerning travellers.
Babu karki

Nepal Himalaya Trek - 0 views

Adventure Great Himalaya is a government registered and most recommended Adventure Trekking agency, based in Kathmandu, Nepal. We have been operating our service throughout the vast Himalayas sinc...

himalaya trek nepal trekking tour everest annapurna

started by Babu karki on 25 Mar 12 no follow-up yet
sanjeewa padmal punchihewa

Social Networking of Elephants - 0 views

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    Elephants are able to track one another over large distances by calling to each other and using their sense of smell
waytoindia

7 Best Places to Visit in Coorg - 0 views

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    Truly the "Scotland of India," Coorg is one of the top tourist attractions in India. Mystical hills, cool breeze, salubrious climate, and rich aroma of coffee and cardamom plantations will engulf your senses as you step into this quaint hill station of Karnataka.
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