Skip to main content

Home/ World Travel/ Group items tagged at

Rss Feed Group items tagged

asianhospitality

U.S. Hotel Performance Dips in Late July 2024 : Key Metrics & Market Highlights - CoSta... - 0 views

  •  
    THE U.S. HOTEL industry saw lower performance in the fourth week of July compared to the previous week, with mixed year-over-year results, according to CoStar. Key metrics such as occupancy, RevPAR, and ADR all declined from the prior week. Occupancy fell to 72 percent for the week ending July 27, down from 73.5 percent the previous week and showing a 0.4 percent year-over-year decrease. ADR stood at $164.45, compared to $165.91 the prior week, reflecting a 1.3 percent increase from last year. RevPAR was $118.37, down from $122.02 the previous week but up 0.9 percent compared to the same period in 2023. Among the top 25 markets, New Orleans saw the highest year-over-year occupancy increase, rising 16.9 percent to 66.7 percent. San Diego posted the largest ADR lift, up 12 percent to $294.80.
asianhospitality

Senate committee approves Fees Transparency Act, tax relief bill stalls | USA 2024 - 0 views

  •  
    A U.S. SENATE committee recently passed a bipartisan bill aimed at achieving pricing transparency for hotels, short-term rentals, and online travel platforms. However, the Senate failed to advance the Tax Relief for American Families and Workers Act, drawing criticism from the American Hotel & Lodging Association. The Committee on Commerce, Science & Transportation's approval of the Hotel Fees Transparency Act 2023 comes amid criticism of several hotel chains for lacking transparency in displaying room charges. AHLA called it an important step toward a more transparent booking process and a level playing field across the lodging industry. The bill, introduced by Sens. Amy Klobuchar, D-Minnesota, and Jerry Moran, R-Kansas, on July 31, now awaits a full Senate vote.
asianhospitality

Hotel industry associations reject revised NYC hotel licensing bill - 0 views

  •  
    REPRESENTATIVES OF THE U.S. hospitality industry recently rejected the New York City Council's revisions to the proposed hotel licensing bill, which include a new licensing structure, direct employment of housekeeping and maintenance staff, and a ban on subcontracting key operations. The American Hotel & Lodging Association and the Hotel Association of New York City objected to the amendments, warning of potential closures and layoffs in the city's hotel sector. The bill, known as the Hotel Safety Act, originally proposed by Councilwoman Julie Menin on July 18 and revised on Aug. 2, seeks to introduce staffing and operational mandates that AHLA considers unnecessary. "The city council's discussions regarding the Hotel Safety Act continue to exclude those who will be most affected by the legislation-hotel owners, management companies, sub-contractors and tens of thousands of hotel workers," said Kevin Carey, AHLA's interim president and CEO. "It is imperative that all stakeholders have a real seat at the table. If this is a matter of public safety and crime, as has been claimed by Councilwoman Menin and the bill's proponents, let's review the facts and statistics to see what picture they paint."
asianhospitality

Webinar teaches hoteliers how to protect themselves on the job - 0 views

  •  
    Yogesh Patel, Zeshan Chaudhry, Usha Patel, Dilip Patel and Hemant Shantilal Mistry; all were killed on duty at their own hotels. In response, AAHOA is providing instructions in a webinar on how to protect hoteliers' belongings and lives. The death of Oklahoma City hotelier Mistry on June 23 following an assault by an aggressive guest in his motel parking lot, is the most recent case of Asian American hoteliers being killed in conflicts with guests. The incident sparked an industry debate, emphasizing that hoteliers must now recognize the need to protect themselves, understanding both their rights as entrepreneurs and their duties to society. Some guests believe their payment gives them license to disregard basic etiquette, leading to increased anti-social behavior and vandalism, according to experts participating in AAHOA's webinar, "Essential Training for Hotel Owners: Managing Guest Misconduct and Ensuring Safety," held on July 17. The webinar provided insights on safely handling confrontational issues in daily operations.
asianhospitality

HSMAI President Bob Gilbert Retires After 30 Years | A Legacy of Leadership - 0 views

  •  
    Bob Gilbert, president and CEO of the Hospitality Sales and Marketing Association International, retired after 30 years in executive leadership roles. Juli Jones, HSMAI senior vice president, will serve as interim managing director while the association, aided by SearchWide Global and HSMAI's management company MCI, searches for the next president and CEO, HSMAI said in a statement. Gilbert accelerated his retirement due to a serious health issue. Kristin Miodonski, MCI associate vice president and HSMAI content director, will serve as interim managing director for the HSMAI Foundation, the statement said. "It is with the utmost respect that we announce the retirement of Bob Gilbert from his role of president and CEO of HSMAI," said Andrew Rubinacci, HSMAI Americas chair and chief advisory officer at FLYR Hospitality. "Bob has been a mentor and friend to so many of us in the industry and has taken the association to new heights over the course of his incredible 30-year tenure, expanding HSMAI across the globe. The association will benefit from his leadership for many years to come."
asianhospitality

LE: Charlotte 15th among top 25 U.S. markets with 67 projects - Asian Hospitality - 0 views

  •  
    WITH 67 PROJECTS and 7,772 rooms in its construction pipeline, Charlotte, North Carolina, ranks 15th among the top 25 U.S. markets by project count, according to Lodging Econometrics. LE predicts continued growth in the city's future. Hotels under construction in the city total 11 projects and 1,435 rooms at the end of the first quarter, with 31 projects and 3,466 rooms set to begin construction in the next 12 months, and 25 projects totaling 2,871 rooms in early planning. LE's first quarter hotel development data for Charlotte, released ahead of the Hospitality Industry Technology Exposition and Conference, showed that more than 65 percent of the projects are upscale and upper-midscale brands, totaling 44 projects and 5,007 rooms combined.
asianhospitality

Study: 75 percent of Americans plan summer road trips despite inflation pressures - 0 views

  •  
    APPROXIMATELY 75 PERCENT of Americans plan to take road trips this summer, with about 33 percent intending to travel more than 250 miles from home, according to a recent study by WalletHub. However, choosing an affordable travel destination is challenging due to higher gas prices, currently averaging over $3.45 per gallon nationwide, and increased accommodation costs. The WalletHub study, which assessed all 50 U.S. states across 32 metrics to identify the most budget-friendly road-trip destinations, ranked Texas, Minnesota and New York as the top three states to visit this summer. "Taking a summer road trip can be a very exciting way to experience a new place, but with the prices of gas, food and accommodations heavily impacted by inflation, you'll want to be in a state that makes this type of vacation affordable," said Cassandra Happe, WalletHub's analyst. "Safe roads are also key, and so is having plenty of worthwhile attractions to stop at along the road. The best states for summer road trips therefore are those that keep costs low while providing the best driving experience and most fun activities."
asianhospitality

Report: Extended-stay hotels strong in April after challenging Q1 - 0 views

  •  
    U.S. EXTENDED-STAY HOTELS showed positive growth in April after a difficult first quarter, according to The Highland Group. Monthly room revenue growth was the highest in nearly a year, demand saw its strongest increase in 16 months, and ADR and RevPAR turned positive after two and four months of decline, respectively. "The performance of extended-stay hotels in April re-established the segment's long-term trend of increasing its market share of total hotel supply, demand and room revenues," said Mark Skinner, partner at The Highland Group. The extended-stay room supply grew 2.8 percent in April, slightly above the average monthly increase over the last two years, the report said. However, April marked 31 consecutive months of 4 percent or less supply growth, with annual supply change under 2 percent for two years-both metrics well below the long-term average.
asianhospitality

CoStar: U.S. hotels' weekly performance mixed, YOY up in fourth week of May - 0 views

  •  
    U.S. HOTEL WEEKLY performance showed mixed results in the fourth week of May compared to the previous week but posted positive year-over-year comparisons, according to CoStar. Despite a slight uptick in occupancy, both ADR and RevPAR decreased week-on-week across all key metrics. Occupancy rose to 67.7 percent for the week ending May 25, up from 67.4 percent the prior week, reflecting a 1.6 percent year-over-year increase. ADR decreased to $160.67 from $163.11, yet still representing a 2.3 percent surge compared to last year. RevPAR stood at $108.73, a decline from the previous week's $109.93, but marking a 3.9 percent increase compared to the same period in 2023. Among the top 25 markets, Houston experienced the most significant year-over-year boosts in occupancy, soaring 20.9 percent to reach 74.1 percent, while RevPAR surged by 29.2 percent to $89.15. Las Vegas recorded the sole double-digit increase in ADR, climbing by 10.9 percent to $217.53.
asianhospitality

Modi wins election, Party falls short of mandate - 0 views

  •  
    INDIAN PRIME MINISTER Narendra Modi declared victory as his coalition secured more than half of the parliamentary seats, setting him on course for a third consecutive term - the first in over 60 years. This follows a six-week-long election in which nearly 1 billion people were eligible to vote. "The National Democratic Alliance is going to form the government for the third time," Modi said in a speech at the Bharatiya Janata Party headquarters in New Delhi. "We are grateful to the people. This is a victory for the world's largest democracy." However, BJP's celebrations seem relatively muted. Modi's alliance had set a bullish target of winning 400 out of 543 parliamentary seats. While the BJP secured 240 seats, the NDA alliance's total is approximately 292, according to India's election commission. The I.N.D.I.A coalition of opposition parties picked up 234 seats, defying exit polls that predicted a much lower tally.
asianhospitality

Survey: Americans favor 'Bleisure' trips as business travel rebounds - 0 views

  •  
    OF THE TWO in five Americans going on business trips this year, 49 percent intend to turn it into a "bleisure" trip, according to a recent survey by Howdy.com. Bleisure is a blend of "business" and "leisure," differing from "workcations," where workers integrate vacation with work at a destination of their choice. While about a quarter of survey respondents opt for workcations to save paid time off, 60 percent of American business travelers prefer bleisure trips. Approximately 64 percent of American workers attribute the rise of bleisure to improved work-life balance as business travel rebounds post-COVID-19. Despite only about 30 percent of workers being familiar with the term bleisure, many are embracing the concept, said Howdy.com, a talent sourcing firm based in Austin, Texas. The Howdy.com survey of more than 1,000 full-time employees across the U.S., found that more than two-thirds of respondents would be attracted to jobs that encourage bleisure, while many suggest that companies should offer a "free day" on work trips to promote bleisure. The survey revealed that about 75 percent of respondents would be more inclined to collaborate with international teams if provided with increased bleisure travel opportunities.
asianhospitality

Sustainability is not just a goal; it is a necessity - 0 views

  •  
    THE U.S. HOSPITALITY industry faces an environmental wake-up call as guests seek accommodations that align with their values beyond amenities alone. This trend has fundamentally changed how hotels approach sustainability, with many adopting practices such as reduced water consumption and energy conservation. Large hotel chains like Hilton Hotels & Resorts and Marriott International have openly declared their efforts to minimize environmental impact. However, achieving meaningful sustainability requires franchise owners and operators to be on the same page. "As a global hospitality leader, Hilton is dedicated to providing exceptional guest experiences," said Jean Garris Hand, Hilton's vice president of global ESG. "However, we also recognize our profound responsibility to safeguard the destinations where we operate for future generations of travelers. Our efforts to reduce energy, carbon emissions, water usage, and waste are integral to Travel with Purpose, Hilton's comprehensive environmental, social, and governance strategy aimed at promoting responsible travel worldwide."
asianhospitality

Canary secures $50 million to research AI guest tech - 0 views

  •  
    HOSPITALITY SOFTWARE PROVIDER Canary Technologies recently closed a $50 million Series C funding round to research AI guest technology in the hospitality sector, bringing its total fundraising to nearly $100 million. The company's software includes mobile check-in and checkout, tablet registration, upsells, guest messaging, Canary AI and digital tipping. The recent investment round was led by global software investor Insight Partners, who also led the company's Series B, with participation from existing investors F-Prime Capital, Thayer Ventures, Y-Combinator and Commerce Ventures, Canary said in a statement. California-based Canary is led by CEO Harman Singh Narula and President SJ Sawhney. "AI is transforming the way we live, work and travel," said Narula. "Canary is at the forefront of delivering enterprise-grade hospitality AI solutions that empower hoteliers to streamline operations, boost efficiency and elevate the guest experience, This funding milestone is a reflection of the team's hard work and the immense impact that Canary is making for hoteliers, including many of the world's largest enterprise hotel brands. We continue to see significant demand in the market for our products and are excited to extend our partnership with existing investors."
asianhospitality

Book chronicles the Patels' quest for the American Dream - 0 views

  •  
    THE HISTORY OF Indian immigrants in the U.S. could fill several books, but Mahendra Doshi has captured a core aspect of it with his book "Surat to San Francisco: How the Patels from Gujarat Established the Hotel Business in California 1942-1960." The book is, as the title says, the story of the individuals who first left their home for a roundabout journey to the American Dream. Doshi is journalist in San Jose, California, not a businessman himself, but he is originally from Vadia in the Indian state of Gujarat. His family moved to Calcutta in West Bengal where Doshi earned degrees from Presidency College and the University of Calcutta before moving to the U.S. in 1967 and eventual graduated with a master's degree from the University of Nevada, Reno. "I have never even thought of business. I had a degree in journalism and I did marketing work for General Motors. That's where I made my living for 30 years," Doshi said. "At the same time, I pursued my journalistic impulses. I wrote for mostly all those ethnic papers, Indian ethnic papers like India Times of Chicago and India West and India Post." Doshi also published two "Who's Who among Indians" lists in 1976 and 1981. That whet his appetite for exploring his people's history.
asianhospitality

U.S. Extended-Stay Hotels See Positive Growth in May 2024 - 0 views

  •  
    U.S. EXTENDED-STAY HOTELS room supply increased by 3.2 percent in May, slightly above the average monthly rise over the past two years, according to The Highland Group. May marked the 32nd consecutive month with supply growth at 4 percent or less, and the annual supply increase has been under 2 percent for two years. However, both metrics remain well below the long-term average. The 12.8 percent increase in economy extended-stay supply, along with smaller gains in mid-price and upscale segments, is primarily due to conversions, the report said. New construction in the economy segment accounts for only about 3 percent of rooms opened compared to a year ago.
asianhospitality

Hafele, Like Magic present new hotel room concept | USA 2024 - 0 views

  •  
    FF&E PROVIDER HÄFELE and Like Magic, a guest experience platform, are producing a new multifunctional hotel room concept. The "Work and Sleep" concept allows hotel operators to transform rooms into offices, meeting spaces and other functional areas using digitally enabled furniture, fitting solutions and specialized software. Work and Sleep integrates a booking engine, guest platform, employee interface and monitoring tools into one central hub, streamlining hotel management, the companies said in a joint statement. It will combine Like Magic's guest and employee experience platform with Häfele's hardware systems, the statement said. The collaboration aims to introduce new revenue models by activating otherwise vacant rooms while reducing outfitting costs. "Our goal is to lead the way in hotel industry innovation with our forward-thinking concepts," said Gregor Riekena, Häfele's CEO. "We are currently testing these new ideas at the ibis Styles Hotel in Nagold, Germany, which serves as a valuable proving ground for our initiatives. This innovation not only allows us to gather essential insights and refine our concepts, but also demonstrates our commitment to pushing the boundaries of what modern hotels can offer. By continuously evolving and enhancing our solutions, we aim to set new standards for guest experience and operational efficiency."
asianhospitality

CoStar: U.S. hotel performance down in early June, YOY comparisons up - 0 views

  •  
    U.S. HOTEL INDUSTRY reported lower performance results in the first week of June from the previous week, according to CoStar. However, there was slightly positive comparisons year over year. All key metrics including occupancy, RevPAR and ADR were down compared to prior week. Occupancy declined to 62 percent for the week ending June 1, down from 67.7 percent the prior week, reflecting a 0.9 percent year-over-year increase. ADR decreased to $150.87 from $160.67, yet still showed a 0.1 percent increase compared to last year. RevPAR stood at $93.50, a decline from the previous week's $108.73, but marking a 1 percent increase compared to the same period in 2023. Among the top 25 markets, New Orleans experienced the highest year-over-year occupancy increase, rising 17.8 percent to 66.8 percent.
asianhospitality

LE: U.S. leads global full-service hotel pipeline in Q1 with 2,272 projects - 0 views

  •  
    THE U.S. LEADS the global full-service hotel pipeline in the first quarter of 2024 with 2,272 projects and 341,854 rooms, accounting for 41 percent of all planned or under-construction hotels worldwide, according to Lodging Econometrics. Dallas and Los Angeles are among the top five cities globally in the pipeline. The global pipeline totals 15,366 projects and 2,382,195 rooms, marking a year-over-year increase of 6 percent in projects and 3 percent in rooms. LE's Q1 2024 Global Hotel Construction Pipeline Trend Report showed a record high in global room counts and a significant rise in full-service projects by the end of the first quarter. In the first quarter, there are 6,195 projects and 1,101,602 rooms under construction worldwide, the report said. Projects set to start within the next 12 months total 3,840 projects and 528,251 rooms, an 8 percent increase in projects and a 5 percent increase in rooms year-over-year. Early planning stage projects and rooms have reached all-time highs at 5,331 projects and 752,342 rooms, rising 12 percent and 9 percent year-over-year, respectively.
asianhospitality

Jordan promoted to Red Roof VP of marketing - 0 views

  •  
    Lisa Jordan is the new vice president of marketing at Red Roof. She will lead the development and execution of the company's marketing and digital strategies to drive business growth. Jordan joined the company in 2021 and led the integrated digital marketing team, working on the company's web, advertising, and social media platforms. Jordan played a role in enhancing redroof.com and collaborated across communication, sales, revenue management, and operations to elevate the customer experience and boost revenue, Red Roof said in a statement. "Lisa is a powerful asset on our leadership team and a secret weapon in our marketing mix," said Marina MacDonald, Red Roof's chief marketing officer. "Her promotion is right for the company and a reflection of the value she brings to this critical function, and I know that she will succeed in her new role."
asianhospitality

AAHOA inducts two members to board of directors for 2024-25 term - 0 views

  •  
    AAHOA recently appointed Viral Patel, Central Midwest regional director, and Nilesh Patel, director at large Eastern Division, to its board of directors for 2024-2025 term. "We are thrilled to welcome Viral Patel and Nilesh Patel to the AAHOA board of directors," said Miraj Patel, AAHOA's chairman. "Their proven leadership and deep-rooted commitment to the hospitality industry make them invaluable additions. Undoubtedly, their expertise will greatly benefit AAHOA and the entire hospitality community as we, the board of directors, continue to advocate for our members as we build tomorrow today." AAHOA recently rebranded its Regional Conferences and Trade Shows as "Hotel Owners Conferences & Trade Shows". The event will focus on initiatives like HerOwnership and HYPE roundtables, fostering connections among industry leaders to promote positive change and empower women and the next generation of leaders.
« First ‹ Previous 741 - 760 of 902 Next › Last »
Showing 20 items per page