HNR News Issue: July, 25 2023 |  Read Online

HVS Report - Hotel Operators Get Creative To Enhance Guest Revenue Capture - By Rod Clough

Since the COVID-19 pandemic, Philadelphia's ADR has fully recovered, but occupancy and RevPAR remain below 2019 levels. The primary factor limiting the recovery is the stagnant commercial and group demand segments. However, leisure demand has increased, and the city is preparing to host several large events in the coming years, supporting a positive outlook. Read more

One of a building owner’s worst nightmares: a passenger gets into an elevator in perfect health but ends the ride with a serious physical or psychological injury. Thankfully, this is an extremely rare scenario, but all those involved in building management should know exactly how to define elevator liability and take action if an incident occurs. Read more

Pundits have been questioning the future of the hotel front desk for more than a decade. Is a hotel front desk needed any more? If so, how should it be staffed and far can it add guest value in the check in process? Read more

Up and down the country, restaurants, pubs and hotels have been driven to the brink: more than a third of UK hospitality businesses said in October last year they could go bust within months amid surging energy bills and declining bookings. Read more

Global occupancy (excluding the U.S) reached another post-pandemic high of 72.4%, 1.5 ppts higher than the previous high achieved a week ago. The week’s occupancy was 5.7ppts higher than the level seen a year ago. ADR increased 9.3% YoY to US$155 with RevPAR of US$112, well above last year (+18.6%). Read more

Executives with Google, Meta and Amazon agreed how travelers book online is shifting, particularly as Gen Z grows more prevalent, and they shared insights during the 2023 Revenue Optimization Conference on how to make the most of that change. Read more

One of Auckland’s largest hotels listed for sale Read more

The Holiday Inn Express & Suites is situated on 1.73-acres at 20 South 10th St. The six-story hotel offers 600 square feet of meeting space, a fitness center, indoor pool and business center. Read more

DSH Hotel Advisors announced the sale of the 67-room, interior-corridor Baymont by Wyndham in Lakeland, Florida for an undisclosed price on July 11, 2023 Read more

Through its two houses, Potel & Chabot and Saint Clair, Momense has become the preferred caterer for prestigious events in France and the world over. Read more

ffiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, today announced that they have acquired the Home2 Suites by Hilton New York Long Island City, an extended stay, all-suite hotel located in Long Island City, New York. Read more

Accor Signs Milestone Agreement With Ebisu Resort LLC, With 23 Properties set to Join the Group's Hotel Network by Q2 2024 Read more

The Asian American Hotel Owners Association (AAHOA), offered input about how transportation infrastructure can create a solid foundation for promoting and sustaining long-distance travel and tourism, in response to the U.S. Department of Transportation’s (DOT) Request for Comment on the National Travel and Tourism Infrastructure Strategic Plan (NTTISP). Read more

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