Hospitality Industry News
Host Hotels shares fell nearly six percent to US$15.30 after the hotel owner cut its full-year forecast and said it would exit the Asia-Pacific market, Reuters reported. Host Hotels says comparable hotel RevPAR growth (on a constant dollar basis) slowed to 0.7 percent in August
Hospitality Industry News
Airbnb is expected to double its nightly bookings this year, investors familiar with the company?s performance told Reuters – a sign that the home and room renting site?s battles with regulators have yet to dent its rapid global growth. The website is expected to have about 80 million nights
Hospitality Industry News
InterContinental Hotels Group opens?the Holiday Inn & Suites Bengaluru?? the first Holiday Inn hotel in the so-called ?Silicon Valley of India?. Located in Whitefield, the city?s biggest IT hub, the 122-room property also includes 19 suites and two apartments. It was previously the Alila Bengaluru. Shantha
Hospitality Industry News
The Ritz-Carlton Residences, Waikiki Beach names Douglas Chang?as general manager. Chang, who has 35 years of luxury hospitality experience, was most recently general manager of The Ritz-Carlton,?St. Louis. Prior to this, he was general manager of The Ritz-Carlton Club and Residences, Kapalua Bay, a luxury
Hospitality Industry News
The Port Authority of New York and New Jersey selects MCR Development and JetBlue Airways to renovate the Trans World Airlines terminal at John F Kennedy Airport into a hotel complex. The US$265 million project will involve a 505-room hotel, which is expected to have a 10,000
Hospitality Industry News
A study of luxury hotel brands by London-based consultancy Luxury Branding names Ritz-Carlton as the world?s most popular luxury hotel brand. The independent analysis of 2.25 million online consumer-generated reviews on TripAdvisor, ranked global luxury hotel brands for both consumer sentiment and consistency across the
Hospitality Industry News
Wyndham Hotel Group today marks a milestone as it becomes the first global hospitality company to reach the 1,000 hotel mark in Greater China. A key region of focus for the company for more than a decade, this landmark achievement comes after years of accelerated growth and the strategic
Hospitality Industry News
Secret Retreats expands its portfolio into three more Asian countries ? Myanmar, Nepal and Taiwan ? with the addition of new 10 members. In the three years since it was founded, the Secret Retreats ?community? features more than 60 properties, with a collection of ?luxury and unique offerings? that include hotels, inns,
Hospitality Industry News
Starwood is scheduled to open the W Belgrade and The Residences at W Belgrade in 2019. The landmark W project will be located in the heart of Belgrade Waterfront, a new one million square meter project including retail outlets, restaurant and bars, offices, public parks and leisure attractions. Michael Wale,
Hospitality Industry News
Starwood expands its Aloft Hotels portfolio in Silicon Valley with the opening of the 175-room Aloft Santa Clara.
Hospitality Industry News
Wyndham Hotel Group announces the 210-room Ramada?Plaza Voronezh City Centre in Russia. Due to open in October, the property adds to Wyndham?s existing portfolio in the country which includes three properties in Ekaterinburg, Kazan and at Domodedovo Airport in Moscow. Dan Ruff, Wyndham Hotel Group?s president
Hospitality Industry News
Best Western International unveils its first hotel in Indonesia?s second largest city, Surabaya. The Best Western Papilio Hotel brings the group?s portfolio in Indonesia to 15 hotels in eight destinations.