STR Weekly Insights: 22-28 September 2024
Countries/markets mentioned: United States: Alabama North, Chicago, Columbus, Indiana North, Louisiana South, Louisville, Michigan South, New York City, Pittsburgh, San Diego, Syracuse Global: Germany (Berlin, Munich), Australia (Adelaide, Sydney) Highlights…
Agilysys guestsense.ai Powering Agilysys Spa Wins Top Productivity Technology Award at G2E 2024 and Will Be Featured in “The Lab”
Gaming and Technology Gold Award 2025 for Best Productivity-Enhancing Technology signals rising importance of revenue management for casino and gaming properties Senior VP Frank Pitsikalis highlights guestsense.ai revenue management advantages…
Marriott International Secures Legal Victory Against Fraudulent Robocall Operators
In a significant legal victory, Marriott International, Inc. (Marriott) has successfully concluded a lawsuit in federal court in Virginia against perpetrators responsible for tens of millions of illegal and fraudulent…
The db Group and Hard Rock International Announce Hard Rock Hotel Malta as Part of New Development Project
The Malta-based db Group and Hard Rock International yesterday broke ground and laid the foundation stone for the Hard Rock Hotel Malta along with a mixed-use development including Ora Residences…
January 2025 Opening of Albert Hotel in Fredericksburg, Texas
In the rolling hills of Central Texas, where German heritage meets Texan hospitality, a new cornerstone of luxury is set to open its doors in the charming town of Fredericksburg.…
Three Waters Resort & Marina, a Tribute Portfolio Resort, Opens as Islamorada, Florida’s Newest Resort
The Islamorada Resort Collection announced the opening of Three Waters Resort & Marina, a Tribute Portfolio Resort. Joining the Collection's existing properties, Amara Cay Resort and La Siesta Resort &…
Hyatt Select Service Pipeline in the Americas Grows by More than 25% Over the Past Three Years Including Over 4,000 Pipeline Hyatt Studios Rooms
CHICAGO - Hyatt Hotels Corporation (NYSE: H) announced significant growth in its select service pipeline, with a ~25% increase in the Americas over the past three years. As of June…
U.S. hotel commentary – August 2024
Top-Line Metrics (August 2024 vs. August 2023): Occupancy: 66.9% (+1.5%) Average daily rate (ADR): US$157.84 (+2.3%) Revenue per available room (RevPAR): US$105.67 (+3.9%) Key Points RevPAR growth aided by extra…
Mental wellbeing is a priority for spa-goers. How can hotels capitalize?
Mental wellbeing is a priority for spa goers according to the most recent ISPA Consumer Snapshot Report. Here’s how to make the most of this development. As the prioritization of…
Navigating Hotel Financing in a World Eager for New Travel Experiences
State of the Union Although the coronavirus pandemic is in the rearview mirror, the hotel industry is still rebounding from the financial distress caused by the severely reduced number of…