HNR News Issue: August, 15 2023 |  Read Online

HNR News
It's Possible to Do More with Less During a Labor Shortage: Here's How - By Alison Guillot

It's Possible to Do More with Less During a Labor Shortage: Here's How - By Alison Guillot

With so many complex challenges echoing throughout the industry, innovative solutions must be found by hoteliers in order to overcome labor shortages. Only by adapting to new realities can businesses not just survive but thrive in this evolving world. Read more

TODAYS BYLINES

 

Market Report Tucson

HVS Marlet Report - Tucson's Hotel Industry: Recovered and Evolving - By Zabada N. Abouelhana

The state of Arizona, including Tucson, recovered quickly from the COVID-19 pandemic. Hotel performance in Tucson has far exceeded pre-pandemic levels, primarily given ADR gains since 2020. In this article, we discuss the current state of Tucson’s hospitality industry, meeting and group demand factors, and investment interest in the market. Read more

 

Hotel Banquets

HVS India - Is It Time to Adopt a Fresh Perspective on Hotel Banquets? - By Mandeep S Lamba, Dipti Mohan and Dhwani Gupta

Hotels have an edge over independent banquet halls when it comes to holding events because of their superior infrastructure, safety standards and brand image. However, with the evolving guest preferences and technological advances, it's time for hotels to throw out the old playbook and approach banquets with a fresh perspective, welcoming a new era of hospitality. Read on to know more. Read more

 

HSMAI Lifetime Achievement Award

HSMAI Top 25 and Lifetime Achievement Award Nominations Open

The Hospitality Sales and Marketing Association International (HSMAI) is now accepting nominations for the 2023 Top 25 Extraordinary Minds and the Marketing and Public Relations Lifetime Achievement Awards. Nominations are open now through Sept. 8, 2023, via the HSMAI registration page. Read more

 

Trends

 

Travel Intentions

Travel Intentions - Revenge Travel Isn't So Exciting Anymore - Washington Post

It’s been a sizzling summer of travel, but this will likely be the peak of the post-pandemic boom. As longer nights start to draw in, the urge to splurge on pricey trips is bound to fade. Read more

 

Commercial Real Estate Trends

Commercial Real Estate Prices Expected to Stabilize in H2 2023, CBRE Survey Finds

Commercial real estate prices are showing signs of stabilizing as inflation moderates and the Federal Reserve nears the end of its interest rate hiking cycle, according to a new CBRE survey. Read more

 

Global Airline Passenger Traffic

Northern Summer Travel Season off to a Strong Start

The International Air Transport Association (IATA) announced that the post-COVID recovery momentum continued in June for passenger markets. Read more

 

U.S. Hotel Stock Performance

U.S. Hotel Stocks Up 8.2% in July

Hotels stocks outperformed again in July with the global hotel brands leading the way higher Read more

 

News

 

Hidden Fees

Booking.com Owner Sued by Texas on Alleged Deceptive Practices - Bloomberg

The state claims in a lawsuit filed Thursday that the big travel reservations company leaves mandatory fees out of the prices it advertises, presenting falsely lower rates to prospective guests. Read more

 

Hotel Web Sites

Ritz-Carlton Brand Launches New Websites

The comprehensive redesign touches Ritzcarlton.com, more than 110 each individual hotel websites, RitzCarltonReserve.com, and the six Reserve property websites Read more

 

Hotel Development Dominican Republic

Wyndham Alltra Samaná Resort to Open This December on Dominican's Samaná Peninsula

Wyndham Alltra announced it’s now taking reservations for its newest resort, the 404-room Wyndham Alltra Samaná. Managed by Playa Hotels & Resorts the resort is slated to open December 1 and marks Wyndham Alltra’s entry into the Dominican Republic. Read more

 

Hotel Development Saudi Arabia

Hilton Plans to More Than Quadruple Its Presence in Saudi Arabia

As Saudi Arabia continues to fulfill its vision of becoming a world leader for international travel and tourism, Hilton (NYSE: HLT) has announced plans to open over 50 new hotels across 10 of its brands, making the country the company’s largest pipeline market in Europe, the Middle East and Africa (EMEA). Read more

 

Hotel Development Hungary

Accor to Manage Historical Hotel Magyar Király in Hungary

Thanks to the agreement signed with the owner, Balance 99 Zrt., the group will franchise the unique historical four-star Hotel Magyar Király in the heart of Székesfehérvár, in the renewed historic area of the city. Read more

 

Hotel Development Saudi Arabia

Hilton to Bring Its Hilton Hotels & Resorts and Canopy by Hilton Brands to Abha City, Saudi Arabia

Hilton has signed two new properties to open in 2026 under its Hilton Hotels & Resorts and Canopy by Hilton brands: Hilton The Point Residences and Canopy by Hilton The Point Read more

 

Hotel Development Jeddah

Hilton Announces Signing of Canopy by Hilton Porta Jeddah

The hotel is set to be developed in partnership with Al Akaria Real Estate Co. and is expected to open its doors in 2028. Read more

 

Hotel Development Saudi Arabia Riyadh

Conrad Riyadh Laysen Valley Hotel Announced for Early 2025

Hilton (NYSE: HLT) has announced the signing of an agreement with Mashareq Investment to open Conrad Riyadh Laysen Valley at the beginning of 2025. The Conrad Hotels & Resorts property will be the second for the brand in Saudi Arabia, joining Conrad Makkah. Read more

 

In Brief

 

Hotel Sales
8 Strategies for Hotels to Increase Their Hotel Room Sales

HVS Asia Pacific
HVS Asia Pacific Hospitality Newsletter - Week Ending 11 August 2023

Management Appointment Mandarin Oriental
Hemal Jain Appointed General Manager at Mandarin Oriental, Canouan

Management Appointment Sofitel
Scott Eger Named General Manager for the Sofitel Adelaide Hotel

Hotel Opening Louisiana
Best Western Acadia Hotel Opens in Crowley, Louisiana

Hotel Opening Manhattan
310 Room Delta Hotels by Marriott New York Times Square Opens

Accor Development Update
Accor Opens Three New Properties Across Asia in July

Hotel Opening Estonia
Oru Hub Hotel Handwritten Collection Opens in Tallinn in Estonia

 

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