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Menopause is not just another life stage; it is a profound transition marked by physical shifts, emotional complexities and neglected wellness needs. Williams (Parallel Path) Why does this matter now more than ever? Generation X and millennial women are reaching this milestone with a collective sense of frustration and confusion. They’re questioning why menopause – a natural journey affecting millions – has been sidelined in discussions, solutions and support.
The Uptown Minneapolis restaurant Kim’s, operated by James Beard Award-winning chef Ann Kim, will close on August 30, two months after its staff voted to unionize.
The Q2 2024 Global Construction Pipeline Trend Report by Lodging Econometrics (LE) stated that the total pipeline ascended to a record-high 15,453 projects with 2,395,726 rooms, up 6 percent by projects year-over-year (YOY) and 4 percent by rooms. Worldwide, at the close of the second quarter, there were 6,265 projects/1,115,989 rooms under construction, up 2 percent by projects and 1 percent by rooms YOY.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Canadian Hotel demand continues to outperform 2019 levels in terms of overall occupancy and is even neck and neck with 2018 which was Canada’s occupancy peak. ADR’s robust growth above inflationary rates at 4.3% YTD leads healthy RevPAR growth of 4.0% YTD June. In spite of inflation, deflated RevPARs are higher than pre-COVID levels. We have faced many headwinds with consumer disposable income constraints and geopolitical uncertainty; however, hotel performance continues to roar forward!
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the appointment of Christopher Trick as chief marketing and performance officer. In this new role, he will lead the company’s greater marketing and revenue-focused efforts. “We congratulate Christopher Trick on his new role as chief marketing and performance officer, a key position that marks an exciting new chapter for Sonesta,” said John Murray, CEO of Sonesta.
Accor, a world leading hospitality group, today announces the signing of an agreement with 4A Capital LLC to open a new Mövenpick hotel in Armenia. Located in Tsaghkadzor, the country’s most popular ski and resort town, the 198-room newly constructed hotel, Mövenpick Resort Tsaghkadzor, is expected to open in 2026. Guests will enjoy the best of Swiss hospitality, high-end food and beverage concepts, and access to rewards through the global loyalty programme, ALL - Accor Live Limitless.
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Accor, a world leading hospitality group, today announces the signing of an agreement with 4A Capital LLC to open a new Mövenpick hotel in Armenia. Located in Tsaghkadzor, the country’s most popular ski and resort town, the 198-room newly constructed hotel, Mövenpick Resort Tsaghkadzor, is expected to open in 2026. Guests will enjoy the best of Swiss hospitality, high-end food and beverage concepts, and access to rewards through the global loyalty programme, ALL - Accor Live Limitless.
The shift towards regenerative tourism represents a significant opportunity for hotels to differentiate themselves in a crowded market while contributing positively to the greater good. By effectively marketing these initiatives, hotels can attract conscious travelers, enhance their brand reputation, and play an important role in shaping the future of tourism.
Given the immense climatic challenges we currently face and the growing consumer demand for more sustainable products and services, businesses in every sector are starting to take their environmental impact seriously.
Just about every hotel brand offers some sort of loyalty program for their guests, rewarding frequent stays with discounted or free nights, in addition to other perks such as upgrades, free Wi-Fi, or late check-out. With so many programs to choose from, how do you pick the right one to save big bucks on travel?
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
Since 1824, The Shelbourne has been a warm and inviting jewel of hospitality and the setting for some of the most dramatic cultural and political moments in Irish history. Beloved by guests and locals as “Ireland’s living room,” The Shelbourne has always reflected the spirit of the city around it, playing a significant role in the literary, social, political, culinary and artistic traditions of Irish society.
The U.S. hotel industry reported mixed comparisons year-over-year (YOY), according to CoStar’s latest data through Aug. 17. August 11-17 (percentage change from comparable week in 2023): Occupancy: 66.9% (-0.2%) ADR: $156.35 (+1.0%) RevPAR: $104.54 (+0.9%) Among the top 25 Markets, Houston saw the highest YOY increases in each of the three key performance metrics: occupancy (+34.3% to 75.3%), ADR (+14.5% to $121.89) and RevPAR (+53.8% to $91.73).
White Lodging and Kimpton Santo, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, are thrilled to announce Kimpton Santo will open on Thursday, Aug. 29, 2024. Kimpton Santo is located at 431 S. Alamo and stands at the forefront of a new wave of hospitality destinations in the city, offering a truly exceptional luxury lifestyle hotel experience.
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NEW YORK—Park Hyatt New York is set to undergo a series of enhancements to the property. The multi-million-dollar investment will include the 500-square-foot “Manhattan Suite” on the top floor of the 25-story hotel, introduce the signature Rossano Ferretti salon and Spa Nalai in their new locations, and upgrade the hotel’s suites. “We are thrilled to unveil this remarkable transformation as we celebrate our 10th anniversary,” said Laurent Ebzant, area vice president/general manager of Park Hyatt
The Meliá Hotels International hotel group, as part of its determination to develop policies committed to sustainability and the environment, continues to confront food waste in its hotels. In addition to adopting measures to reduce waste in its properties, through its collaboration with the Too Good To Go app, the leading mobile application in the fight against food waste, the hotel group has just reached the figure of 30,000 food packs saved, which represents more than 30 tonnes of food.
Real estate developer 3H Group has acquired the Hyatt Place Tampa Airport/Westshore. LBA Hospitality will manage the property. “The trust bestowed upon us by 3H Group to manage their hotel properties is a fundamental component of our growth and aligns with our values,” said Beau Benton, president, LBA Hospitality. “Assuming the management duties for Hyatt Place Tampa Airport/Westshore allows 3H Group to concentrate on exploring new development opportunities, reassured by our de
AS Hotels & Residences Private Limited, a renowned hospitality company with interest in hotels, IT/ITeS as well as real estate is pleased to announce its partnership with Wyndham Hotels & Resorts to open ’Ramada Encore’ branded hotel in Sector 84, Gurugram, Haryana.
Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.
Extended Stay America has opened the Extended Stay America Premier Suites Portland North in Portland, OR. The property was developed by Trimark-University Housing IV and will be managed by Ark Hospitality. The three-story, 146-room property features free WiFi, free healthy breakfast,a fitness center and onsite guest laundry. Each suite offers a fully equipped kitchen with full-size refrigerator, microwave, stovetop, cookware, utensils and dishes, as well as a dedicated workspace.
Minor Hotels, a leading hospitality group with more than 550 hotels in 56 countries, has announced the arrival of the first NH Hotels & Resorts branded property in the Indian Ocean, with NH Maldives Kuda Rah Resort set to open its doors on 01 September 2024.
Agilysys Inc. has acquired Book4Time Inc., a provider of spa management SaaS software. The all-cash transaction closed for approximately $150 million, subject to customary closing adjustments. Book4Time manages guest experiences at spas, international hotels, resorts, casinos, golf and private member clubs in more than 100 countries. Acquiring Book4Time expands the opportunity for Agilysys to increase its solutions-per-customer penetration globally.
M/s Triple S, a hotel and development company based out of Jammu, today announces the signing of a franchise agreement with Wyndham Hotels & Resorts, for a new hotel development under the Ramada Encore by Wyndham brand.
Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
The Courtyard Los Angeles Pasadena/Old Town has completed an extensive $12.8 million renovation to the more than 300-room property located in Old Town. The refurbishment features an updated bar, gym and guestrooms. “This renovation brings a modern, luxurious experience to Old Town Pasadena, enriched with cultural and architectural elements unique to the neighborhood,” said Craig Ballard, managing partner, Dauntless Capital Partners , which owns property.
The digital nomad population is growing with over half (51%*) of global travelers working from home once a week last year, while 41%* are interested in a ‘workcation’. For entrepreneurs in particular, the freedom to work across borders is liberating, and with World Entrepreneurs Day celebrated on August 21, we are spotlighting destinations that offer flexi and remote workers great amenities, affordability and quality of life.
Crescent Hotels & Resorts has appointed Vanessa Claspill as its new chief commercial officer. She will spearhead the commercial division, including sales, marketing + digital and revenue strategies. Claspill brings more than 20 years of leadership experience across a broad range of hotel categories from luxury and lifestyle to large convention properties.
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Ginger Udaipur, Shastri Circle. The hotel embodies the brand’s signature Lean Luxe philosophy, providing guests with a contemporary and comfortable stay.
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
WASHINGTON—American Hotel & Lodging Association (AHLA) Interim President and CEO Kevin Carey released the following statement after a federal judge in Texas blocked the Federal Trade Commission (FTC) from enforcing a rule that bans noncompete agreements: “The FTC overstepped its authority by approving a rule that allows federal interference in multitudes of business agreements across the country.
Naini Habitat Developers Private Limited (NHDPL), a renowned real estate company with interest in hotels, housing and townships, is pleased to announce its partnership with Wyndham Hotels & Resorts to open Ramada Resort and Residences in Nainital, Uttarakhand. This franchise agreement signing highlights NHDPL’s dedication and commitment to enhancing the hospitality experience in the destination.
WASHINGTON—The U.S. hotel industry reported mixed comparisons year over year, according to CoStar’s latest data through August 17, 2024. U.S. Hotel PerformanceAugust 11-17, 2024 Percentage change from comparable week in 2023:Occupancy: 66.9 percent (down 0.2 percent)ADR: $156.35 (up 1.0 percent)RevPAR: $104.54 (up 0.9 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 34.3 percent to 75.3 percent), ADR (
Aloft Hotels is celebrating what could paws-ibly be the best day of the year for dogs with a new one-week only deal: buy one human drink, get one dog brew free. Dogs seem to always have a job to do, and whether it’s providing emotional support to those who need it or simply eating as many shoes as possible, Aloft Hotels is rewarding those working dogs with an extra treat this International Dog Day (August 26).
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
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