Hotel News Resource
August, 16 2017
 
 
 
Why Affordable Luxury Hotel Brands Are Heading to Asia
 
JLL Real Views - Why Affordable Luxury Hotel Brands Are Heading to Asia - Serene Lim
 
Yotel and CitizenM might be better known in Europe and the United States but it won’t be long before they become familiar brands in Asia. Read More
 
Service Excellence
Service Excellence and the Hotel Industry is in Our DNA - By Jos Schaap
Service Excellence and the Hotel Industry is in our DNA
 
It is not very often that I write a self-serving article but I think it is important to note that, as a hotel technology company, service excellence is a key element within our DNA. It helps us deliver great technology to our hotel clients and the industry at large. Read more
 
Market Report China
Predictive Analytics for China's Hoteliers Weakened in June
 
Looking ahead of the curve, prospects of future business activity for China's hoteliers decreased in June according to the latest reading of the country's Hotel Industry Leading (HIL) indicator. e−forecasting.com's China HIL - a predictive analytic which gauges monthly what's next for business in China's hotel industry - fell 0.2% in June to a reading of 100.3, following an increase of (+0.1%) in May. Read more
 
Construction Pipeline U.S.
U.S. Hotel Construction Pipeline Under Contract for July 2017 Up 11.7 Percent over 2016
 
The U.S. reported 188,734 rooms in 1,436 hotel projects in construction in July 2017, according to STR's pipeline report for the month. The number of rooms is a 10.2% year-over-year increase compared to July 2016. Read more
 
Labor Costs
The Components of Payroll in the Hotel Industry - By Robert Mandelbaum
 
Per the Bureau of Labor Statistics, the average hourly compensation for a hospitality industry employee increased by 3.6 percent in 2016. In the hotel industry, labor costs average roughly 50 percent of total operating expenses. Therefore, with STR reporting an annual RevPAR growth rate of 3.2 percent for the year, it is understandable that U.S. hotel owners and operators were concerned about their ability to increase profits. Read more
 
Construction Pipeline Europe
European Hotel Pipeline Under Contract For July 2017 Up 20.0 Percent over 2016
 
Europe reported 77,280 rooms in 499 hotel projects in construction in July. The number of rooms is a 22% year-over-year increase. Read more
 
Market Report U.K.
HVS Report - The Hotel Bulletin: Q2 2017 for the U.K. Market - By Russell Kett (PDF Download)
 
AlixPartners, AM:PM and HVS have published the Q2 2017 Hotel Bulletin. The Hotel Bulletin analyses demand, supply pipeline and transactions in the hotel market in 12 cities across the UK. Includes a focus on London and Manchester. Read more
 
Hotel Development Saudi Arabia
Doubletree by Hilton Jeddah Al Salamah District Hotel Announced for 2020
Rendering of the Hilton Jeddah Al Salamah District Hotel
 
Hilton (NYSE: HLT) announced the signing of a management agreement with Fahd Abdallah al-Harbi & Sons Limited to open DoubleTree by Hilton Jeddah Al Salamah District in Saudi Arabia. The hotel is expected to begin welcoming guests in Q1 2020. Read more
 
Hotel Transaction Washington D.C.
Hyatt Place Washington DC / US Capitol Hotel Sold to Excel Group
Hyatt Place Washington DC / US Capitol Hotel Sold to Excel Group
 
Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of the Hyatt Place Washington DC / US Capitol, a 14-story, 200-room hotel, which opened in June 2014. Read more
 

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In Brief...
 

Hotel Development California
135 Room Ayres Hotel Breaks Ground in South San Diego County

Top Hospitality Project
The Grove Resort & Spa Orlando is Named Orlando's Top Hospitality Project by the Orlando Business Journal

Mobile Booking Trends
Mobile Bookings Are Up. Why Aren’t Yours?

Hotel Opening Nebraska
Omaha Marriott Downtown at the Capitol District Hotel Opens

Hotel Opening Niagara Falls
Courtyard by Marriott Niagara Falls, USA Opens

Hotel Opening Texas
Home2 Suites by Hilton Houston Webster Hotel Opens in Southeast Texas

Be Someone Organization
Be Someone, a Child Development Group, Appoints Board Chairman

 
 
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