LODGING Staff - 10 Minutes News for Hoteliers - Page 140

3 min

Aimbridge Summarizes Talent Updates and Service Offerings From 2024

📈 Aimbridge Hospitality in Plano, Texas, experienced leadership changes in 2024, welcoming Craig S. Smith as CEO, among others. Their focus is on operational excellence, innovation, and partnership. Over 800 general managers have undergone the GM Connect program, reducing GM turnover by 48%. Aimbridge rebranded to Aimbridge Commercial in September, showcasing a revenue-focused approach. Their mobile app has facilitated over 12,000 employee shift trades since its 2023 launch. Aimbridge Intelligence provides owners with near real-time performance data.

1 min

Maverick Adds Renaissance Chicago O’Hare Suites to Portfolio

🏨 Maverick Hotels and Restaurants expands into metropolitan Chicago market with Renaissance Chicago O’Hare Suites. CEO Robert Habeeb announced the portfolio addition, which features 362 suites, over 15,000 square feet of meeting space across 16 rooms, and amenities like a fitness center, indoor pool, and three dining outlets. Conveniently located near Chicago O’Hare International Airport, Rosemont Theatre, and the Donald E. Stephens Convention Center, the hotel also provides airport shuttle service. The announcement coincides with the opening of the Hampton Inn & Suites Illinois Medical District on October 16.

3 min

Choice Hotels Reintroduces Radisson Individuals in the Americas

🏨 Since the acquisition in 2022, Choice Hotels International relaunched Radisson Individuals in the Americas as an upper-upscale soft brand for boutique and independent hotels with local character. Over 30 Radisson Individuals properties have opened globally since 2020, 15 franchised by Choice in the Americas. The brand focuses on setting, character, and direction, providing guests with immersive local experiences without sacrificing service. Choice's portfolio now includes 1,000 upscale properties worldwide, with 200+ in development. Direct online reservations for Radisson Americas brands saw a 32% year-over-year increase post digital integration.

3 min

Hyatt Grows Select-Service Pipeline by 25 Percent in the Americas

🏨 Hyatt Hotels Corporation announced a 25% increase in its select service pipeline in the Americas over three years, now over 50% of its total pipeline as of June 30, 2024. Caption by Hyatt revealed design and operational enhancements, including a cost-effective prototype for expansion. Hyatt Studios, since its announcement 18 months ago, boasts over 4,000 pipeline rooms and 250 deals in negotiation, with two recent groundbreakings and four hotels under construction, targeting openings in 2025 and 2026. Hyatt House and Hyatt Place are being upgraded based on feedback, focusing on operational efficiency and cost reduction.

1 min

Azul Hospitality Group Adds the Woodlark Hotel to Its Portfolio

🏡 Azul Hospitality Group added the Woodlark Hotel, encompassing two historic buildings from 1912 and 1908, to its portfolio in San Diego, California. Alvaro Fraile, CEO, aims to enhance value through management and marketing. The hotel features 150 rooms, 2,100 square feet of meeting space, and three dining options including Bullard Tavern, Abigail Hall, and Roseline Coffee. It will join Marriott Bonvoy this fall.

1 min

Hampton Inn & Suites Lake Placid Completes Renovation

📍 Essex Hotel Management, LLC renovated Hampton Inn & Suites Lake Placid for $1.8 million. The hotel, owned by The Hotel at Mirror Lake, LLC, opened in 2013 and is located in Rochester, New York. Refreshed facilities include 97 guestrooms, common areas, indoor pool, and exercise facilities with new carpet, artwork, soft seating, and televisions. ACC Design managed the design, and Genesis Hotel Renovations Inc. completed the work in about two and a half months.

1 min

CoStar: U.S. Hotel Industry Sees Positive Year-Over-Year Weekly Comparisons

🏨 In the week of September 22-28, 2024, U.S. hotel industry showed year-over-year growth: Occupancy rose to 68.4% (a 2.6% increase), the Average Daily Rate (ADR) reached $170.24 (7.5% up), and Revenue Per Available Room (RevPAR) climbed to $116.50 (10.2% higher). New York City led the Top 25 Markets with the highest upticks: Occupancy soared by 11.4% to 93.2%, ADR jumped 52.8% to $523.69, and RevPAR grew 70.1% to $488.32, influenced by the United Nations General Assembly. Meanwhile, San Francisco faced a RevPAR decline of 17.6% ($177.81), and Nashville saw a 5.5% drop ($136.06). Effects of Hurricane Helene on southeast markets are still to be assessed.

2 min

Extended Stay America Premier Suites – Pueblo Opens

🏡 Extended Stay America announced the opening of the 45th Extended Stay America Premier Suites in Pueblo, Colorado. Developed by BEP Pueblo Hospitality LLC, constructed by Integrated Hospitality Construction LLC, and managed by Aimbridge Hospitality. The four-story property features 124 rooms, WiFi, breakfast, cable, fitness room, laundry, and a lobby with vending. Each suite includes a kitchen, full-size refrigerators, microwaves, stovetops, and a workspace. Located off I-25, close to medical centers, Colorado State University Pueblo, and attractions like Pueblo Zoo and Lake Pueblo State Park.

2 min

Stayntouch Deploys Cloud-Based PMS Throughout Cobblestone Hotels’ Portfolio

💰 Stayntouch partnered with Cobblestone Hotels, which operates over 160 properties in 29 states, deploying its cloud-based Property Management System (PMS) to enhance operations by 70%. Cobblestone, founded in 2008, focuses on upper-midscale accommodations in smaller communities. The partnership offers centralized multi-property management, automated revenue optimization with built-in AI, and scalable tech solutions. Cobblestone values Stayntouch's customer support, while Stayntouch is committed to driving revenue and operational efficiency for the hotel chain.

2 min

AHLA Continues to Oppose NYC Hotel Licensing Bill

📌 The NYC hotel licensing bill, despite revisions, is opposed by the hotel industry, including the AHLA and AAHOA, who warn it could economically harm small, family-owned hotels and immigrant and minority-owned businesses. Key figures like AHLA's interim CEO Kevin Carey and AAHOA's chairman Miraj Patel, along with NYC Minority Hotel Association founding member Mukesh Patel, express concerns over the bill's impacts on jobs and operations. The industry urges continued dialogue for a balanced solution.

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