LODGING Staff - 10 Minutes News for Hoteliers - Page 154

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.

2 min

This Week’s Comings & Goings

📈 Errol David, VP of Operations for Venus Group Inc., will retire at the end of 2024 after a 40-year tenure; succeeded by Cecilia Henson. Steven Okuley joins the American Hotel & Lodging Association as Senior VP. JLL’s Hotels & Hospitality Group adds Carolina Bernal and Mackenzie Melikian in NYC. Rod Lapasin appointed as MD and GM of Hotel Westland by Aparium Hotel Group. Alila Ventana Big Sur names Matt Skaletsky as GM. Raymond Weissert becomes GM of The Grove Resorts & Water Park. Javier Arrebola joins The Ritz-Carlton, Half Moon Bay as Executive Chef. Sonesta Redondo Beach & Marina hires James McIver as Executive Chef. Nicole Johnson welcomed as Marketing Manager by The Newman. Steve Smotrys to serve as MD and SVP of Commercial at HX. Highgate Hawaii appoints Ramona Silo and Jessica Mullenfeld to its marketing task force.

2 min

Aimbridge Intelligence Becomes Company’s Proprietary Data Reporting Platform

📊 Aimbridge Hospitality in Plano, Texas introduced Aimbridge Intelligence, a data reporting platform offering transparency and collaborative tools for owners. The technology, part of OwnView portal, allows near real-time access to STR performance, RevPAR Index, profitability, guest service, and turnover data. CEO Craig S. Smith emphasized their commitment to being a trusted hotel operator, with CIO Keryn McNamara highlighting the platform’s groundbreaking data product and its future AI and machine learning integrations for demand forecasting.

3 min

Red Roof Shares Plans for Company Elevation at Brand Conference

🏡 In Columbus, Ohio, Red Roof President Zack Gharib addressed over 1,000 franchisees, team members, and partners about growth plans, including a new hotel prototype prioritizing economical development and franchisee efficiencies. The 80-room prototype features a modern design, interior corridors, and scalable options. New partnerships, like the one with Sojern, aim to enhance guest experiences using data and AI, alongside the integration of the HotelKey system for improved operations. Leadership additions include CFO Tara Henderson and General Counsel Gerrod Bede, highlighting a deeper focus on company culture and brand consistency.

2 min

Cendyn Acquires Knowland, Aims to Yield More MICE Bookings

📈 Cendyn, a hospitality software company, acquired Knowland, a provider of market intelligence data, enhancing MICE space sales prospecting capabilities. Knowland's intelligence covers over 7,500 hotels in the US and international markets. Cendyn recently included Austin-based Haveli Investments in its investors, alongside Accel-KKR. This acquisition aligns with Cendyn's strategy to "Find, Book, and Grow" group business, integrating Knowland's data with Cendyn's Sales CRM, Proposals, and Grouprev platforms. U.S. Travel Association forecasts business travel to reach 95% of its 2019 peak by 2024, offering Cendyn growth potential.

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