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…
Employer Branding: Upskilling as a Strategy in the War for Talent
Why would an intelligent, passionate, ambitious person want to work for us? In today's competitive job market, where the war for talent has become more intense than ever, that’s the…
Becoming a Mixologist: Skills, training, and tips
In the realm of cocktails and drinks, there exists a fine line between the roles of a mixologist and a bartender. While the two are often used interchangeably, they are…
Journey to Plastic Freedom Documented in Practical Playbook
London, UK – Six Senses has been on a journey to eliminate plastic from its properties ever since the brand was founded in the mid-1990s. By the time plastic had…
Holiday Inn Hotels & Resorts opens its first resort in Nepal
Holiday Inn Resort Kathmandu Budhanilkantha: Kathmandu's Newest Nature Retreat. The newly opened Holiday Inn Resort Kathmandu Budhanilkantha is the latest addition to IHG Hotels & Resorts' renowned Holiday Inn brand…
Capella Hotel Group Leads Luxury Hospitality into the Digital Age with Acceptance of Digital Payment Tokens
Singapore – In an industry-leading move, Capella Hotel Group announces the acceptance of Digital Payment Tokens (DPTs) at its flagship properties, Capella Singapore and Patina Maldives, Fari Islands. As a…
Myth busting 2: Corporate Social Responsibility Directive (CSRD) vs Sustainable Finance Disclosure Regulation (SFDR)
There's a common misconception that the Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR) are interchangeable or always need to be discussed together. While both regulations…
Golf Revenue Above PAR and POR for Hotels
Throughout the latter part of the 20th century, golf was growing significantly in the United States. Not only was participation soaring, but new golf courses were being built at a…