The luxury hotel segment is booming. Are there cracks?
The Wall Street Journal story “The Rise of the $1,000-a-Night Hotel Room” put consumers on notice: staying in the lap of luxury can cost a pretty penny. The demand for…
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Hyatt’s select service pipeline sees impressive growth in the Americas
Hyatt Hotels Corp. has reported a significant growth in its select service pipeline across the Americas region, with pipeline increasing over 25% over the past three years. The select service…
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Hilton Grand Vacations expands in Japan with Kyoto hotel acquisition
Hilton Grand Vacations Inc., the vacation ownership and experiences company, is strengthening its presence in Japan and marked its entry into Kyoto. Hilton Grand Vacations has acquired the Citadines Kyoto…
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Briefs: Hotel Cleveland joins Crescent Hotels’ management portfolio; Baccarat Hotels’ debut in the U.A.E.
CRESCENT ADDS HOTEL CLEVELAND TO MANAGEMENT PORTFOLIO: Crescent Hotels & Resorts has assumed management of Hotel Cleveland, Autograph Collection. Located in downtown Cleveland, the former Renaissance Cleveland Hotel underwent a…
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Briefs: Tribute Portfolio debuts in Korea; Helix Hospitality acquires two Alabama hotels
MARRIOTT’S TRIBUTE PORTFOLIO ARRIVES IN KOREA: Tribute Portfolio, part of Marriott Bonvoy’s portfolio of more than 30 hotel brands, has opened its first hotel in Korea with the opening of…
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‘Mass-affluent’ Asian travelers prioritizing travel despite inflation, finds Expedia study
It’s not just the ‘crazy rich’ Asian travelers that are fueling the impressive growth in the travel industry, a growing volume of Asian middle-class travelers are overlooking inflation to prioritize…
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Briefs: Sleeperz Hotels rebrand; Remington adds to CALA portfolio
RESIDENT HOTELS TO REBRAND UNDER MARRIOTT: Resident Hotels, the hotel operating company, has signed a franchise agreement with Marriott International to convert its four Sleeperz Hotels to the Four Points Flex…
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A yo-yo 2024 for the hotel industry has brand leaders ready, anxious for the year ahead
PHOENIX — The temperature of the hotel industry is running hot here at the JW Marriott Phoenix Desert Ridge and it had nothing to do with the suffocating heat outside.…
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People on the Move: JLL, Frasers Hospitality, Outrigger Hospitality, The Ritz-Carlton Bacara, Six Senses La Sagesse
JLL ADDS TO NYC TEAM JLL’s Hotels & Hospitality group has added two members to its New York City office — Carolina Bernal as senior director and Mackenzie Melikian as…
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Briefs: IHG’s dual-branded hotel in Florida; Denmark Zleep Hotels to rebrand
IHG’S DUAL-BRANDED HOTEL IN ORLANDO: IHG Hotels & Resorts has collaborated with owner Daiwa House Group to break ground on a new dual-branded EVEN Hotels and Staybridge Suites in Orlando, Fla.…
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