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Hospitality

China's Travel & Tourism Sector Predicted to Reach Record Highs by 2025

2025-05-09 17:52:52| Hotel Resource

The World Travel & Tourism Council (WTTC) recently released its latest Economic Impact Research (EIR), which shows that China is emerging as one of the world's most dynamic Travel & Tourism markets. This progress indicates a significant bounce&back and a promising long&term growth trajectory.

Category:

Hospitality
 
Hyatt Hotels Expands Luxury Portfolio with Casa Duhau in Argentina

2025-05-09 17:52:52| Hotel Resource

Hyatt Hotels Corporation is set to expand its luxury portfolio in Argentina with the introduction of a new hotel, Casa Duhau. The hotel, which will be part of the Unbound Collection by Hyatt, is expected to begin construction by the end of 2025.

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Hospitality
 
Marshneil Bharadwaj Named General Manager for the Andaz 5th Avenue Hotel in New York City

2025-05-08 20:53:57| Hotel Resource

A nearly 20&year Hyatt veteran, Marshneil brings a wealth of global experience and thoughtful hospitality to the heart of Manhattan, where she has called home since 2022.

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Hospitality
 
Brett Krafft Named General Manager for the Hotel Crescent Court in Dallas, TX

2025-05-08 20:53:57| Hotel Resource

Most recently, he served as Area General Manager for The Statler and Hilton Dallas Lincoln Centre, overseeing a combined $46M+ in annual revenue.

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Hospitality
 
New 549 Room Great Wolf Lodge Resort Opens in Mashantucket, Connecticut

2025-05-08 20:53:57| Hotel Resource

The resort was funded by a $300 million investment from Blackstone and Centerbridge Partners, creating over 500 jobs and expected to attract 500,000 visitors annually.

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Hospitality
 
Oaks Hotels, Resorts & Suites Undergoes Transformation under Minor Hotels

2025-05-08 20:53:57| Hotel Resource

Minor Hotels has declared a strategic repositioning of Oaks Hotels, Resorts & Suites, transitioning from serviced apartments to a full&service brand.

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Hospitality
 
US Hotel Bookings Experience Sharp Q1 Drop, Meanwhile Other Countries See Rise

2025-05-08 20:53:57| Hotel Resource

HotelHub's Q1 2025 data reveals a 7.76% decrease in US hotel bookings compared to the same period in 2024, while bookings in countries like Canada, the UK and France have increased. The global average hotel rate remained stable at $177 per night.

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Hospitality
 
Intangible Assets in Hotel Property Tax Assessments & By Bryan Younge

2025-05-08 20:53:57| Hotel Resource

This article outlines how intangible assets should be removed from hotel property tax assessments, why post&COVID performance data may overstate future income potential, and how the U.S. personal savings rate provides additional insight into broader economic travel behaviour.

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Hospitality
 
UK Travelers Pivot to Hotel Websites for Best Deals: A Shift in Price Perception

2025-05-08 20:48:11| Hotel Resource

Latest research indicates a significant shift in consumer behavior in the UK hotel industry. Findings from BVA BDRCs Hotel Guest Survey (HGS) suggest that travelers increasingly view hotel&branded websites as the most reliable source for the best rates, a position previously dominated by online travel agencies (OTAs).

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Hospitality
 
New Luxury Lifestyle Hotel Versante Open for Investors in Metro Vancouver

2025-05-08 20:37:44| Hotel Resource

Colliers Hotels and Colliers Insolvency Group have been appointed by Deloitte Restructuring Inc., the Court&Appointed Receiver and Manager of certain assets of International Trade Center Properties Ltd., Hotel Versante Ltd., and RCC Holdings Ltd., to manage the sale.

Category:

Hospitality
 

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