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Choice Hotels finishes acquisition of Radisson

Posted by 1 hours ago (https://www.asianhospitality.com/choice-hotels-finishes-acquisition-of-radisson-americas/)

Description: CHOICE HOTELS INTERNATIONAL has completed its acquisition of Radisson Hotels Americas for $675 million. The transaction includes Radisson’s franchise business, operations and intellectual property. The merger, which was announced in June, will add Radisson’s nine brands to Choice, bringing it to 624 hotels.

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Tag: Choice-Hotels-International,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

STR and TE release new 2022 forecast at HDC

Posted by 2 days ago (https://www.asianhospitality.com/str-and-te-release-new-2022-forecast-at-hdc/)

Description: OCCUPANCY PROJECTIONS ARE dropping while ADR projections are rising in a new forecast for U.S. hotels by STR and Tourism Economics. RevPAR is still expected to recover fully on a nominal basis this year, according to the forecast released Thursday at STR’s 14th Annual Hotel Data Conference in Nashville. However, RevPAR is still expected to take until 2025 to recover when adjusted for inflation, according to the forecast. For 2022, RevPAR is now expected to average $93 compared to the projection of $92 released in June, when projected nominal RevPAR recovery was set in 2023.

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Tag: STR-forecast,Asian-Hospitality,U.S-HOTEL-PERFORMANCE,Hotel-industry-news-trends,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

Recovery gap between extended-stay hotels, others closer

Posted by 2 days ago (https://www.asianhospitality.com/recovery-gap-between-extended-stay-hotels-others-closer-in-first-half-of-the-year/)

Description: AS THE FIRST half of 2022 ended, U.S. hotels overall were catching up with extended-stay hotels in terms of recovery, according to a report from The Highland Group. RevPAR recovery, for example, was almost the same for hotels overall and extended-stay. Also, the report found that new construction fell to an 8-year low over the first two quarters of the year, according to the report.

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Tag: extended-stay-hotels,Asian-Hospitality,U.S-hotel-news,Hotel-industry-news-USA,hotel-and-hospitality-news,hospitality-news-USA

STR: U.S. hotel performance falls in the first week of August

Posted by 3 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-falls-in-the-first-week-of-august/)

Description: U.S. HOTEL PERFORMANCE fell in the first week of August compared to the week before following seasonal patterns, according to STR. However, ADR and RevPAR were up compared to the same period in 2019. Occupancy was 69.9 percent for the week ending August 6, down from 71.9 percent the week before and dropped 5.7 percent from 2019. ADR was $154.48 for the week, decreased from $158.32 the week before and increased 15.1 percent from three years ago. RevPAR reached $108.04 during the week, down from $113.90 the week before and up 8.5 percent from 2019.

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Tag: U.S-HOTEL-PERFORMANCE,Asian-Hospitality,U.S-hotel-news,Hotel-industry-news-trends,Future-trends-in-hotel-industry,u.s-hotel-market-report-2022

SureStay Hotel opens in Rockford, Illinois

Posted by 5 days ago (https://www.asianhospitality.com/surestay-hotel-opens-in-rockford-illinois/)

Description: The SureStay Hotel by Best Western Rockford East is now open in Rockford, Illinois. It is owned by Bankim Hirpara. The 122-room hotel is near Rockford University, Midway Village Museum, Hurricane Harbor Rockford waterpark, CherryVale Mall, Discovery Center Museum, Aldeen Golf Club and Rock Cut State Park.

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Tag: SureStay-Hotel,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news,hospitality-news-USA

Hawkeye acquires Indigo hotel in Pittsburgh

Posted by 6 days ago (https://www.asianhospitality.com/hawkeye-acquires-indigo-hotel-in-pittsburgh/)

Description: HAWKEYE HOTELS RECENTLY acquired the Hotel Indigo Pittsburgh East Liberty in Pittsburgh. It is the company’s third hotel owned and operated in Pennsylvania. The 135-room Indigo is a restored boutique hotel in Pittsburgh’s historic East Liberty Neighborhood, according to the Hawkeye. Nearby are the Carnegie Museum, Carnegie Mellon University, the University of Pittsburgh, Phipps, Heinz Chapel, St. Paul’s and East Liberty Presbyterian Church. Its interior décor reflects the neighborhood’s community’s theater, entertainment and charitable heritage.

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Tag: Hawkeye-Hotel,Asian-hospitality,Indigo-hotel,Hotel-industry-news-USA,hotel-and-hospitality-news,hospitality-news-USA

Summer travel : Slight dip in U.S. hotel performance | STR Report

Posted by 7 days ago (https://www.asianhospitality.com/str-slight-dip-in-u-s-hotel-performance-as-summer-travel-peak-passes/)

Description: THERE WAS A slight dip in U.S. hotel performance in the fifth week of July compared to the week before, which was the traditional summer travel peak, according to STR. Performance metrics for hotels were lower during the week compared to the week before, but higher when compared to 2019. Occupancy was 71.9 percent for the week ending July 30, down from 72.8 percent the week before and dropped 3.8 percent from 2019. ADR was $158.32 for the week, a slight dip from $158.79 the week before and increased 18.3 percent from three years ago. RevPAR reached $113.90 during the week, down from $115.59 the week before and up 13.9 percent from 2019.

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Tag: Asian-Hospitality,STR-report,U.S-hotel-occupancy,hospitality-news-USA,Hotel-industry-news-USA

Foundation launches trafficking prevention training program for hotels

Posted by 7 days ago (https://www.asianhospitality.com/ahla-foundation-launches-trafficking-prevention-training-program-for-hotel-industry/)

Description: THE AMERICAN HOTEL & Lodging Association philanthropy branch AHLA Foundation has launched a trafficking prevention training program for the hotel industry in collaboration with ECPAT-USA and Marriott International to mark the World Day Against Trafficking in Persons observed on July 29, a statement said. The program titled “Recognize and Respond: Addressing Human Trafficking in the Hospitality Industry” was developed by Marriott by partnering with non-profit organizations and survivor experts. It includes learning paths for associates and managers around increased guidance on responding to potential trafficking situations and interacting with potential victims.

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Tag: trafficking-prevention-training-program,Asian-Hospitality,AHLA-Foundation,hospitality-news-USA,hospitality-industry

Banyan Group announces full subscription of $35 million BLEV fund

Posted by 9 days ago (https://www.asianhospitality.com/banyan-group-announces-full-subscription-of-35-million-blev-fund/)

Description: HOTEL INVESTMENT AND management company Banyan Group has announced that its $35 million Banyan Lodging Enhanced Value Fund has been fully subscribed. The final participants were domestic and foreign families, a statement said. The BLEV, or “Believe” fund offers an opportunity for investors to purchase hotels that have been impacted by the on-going COVID-19 crisis, the statement added.

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Tag: Banyan-Group,Asian-Hospitality,BLEV-fund,Hotel-industry-news-USA,hotel-and-hospitality-news,hospitality-news-USA

LE: Dallas lead U.S. hotel construction pipeline in the second quarter

Posted by 9 days ago (https://www.asianhospitality.com/le-dallas-and-marriott-lead-u-s-hotel-construction-pipeline-in-the-second-quarter/)

Description: DALLAS LEADS THE U.S. hotel construction pipeline for the fourth consecutive quarter, according to Lodging Econometrics. Among brands, Marriott International led the pipeline. Dallas had a record 173 projects with 20,707 rooms in the second quarter of this year, followed by Atlanta with 140 projects containing 18,131 rooms, Los Angeles with 124 projects with 20,365 rooms, New York, with 113 projects with 19,238 rooms and Phoenix with 108 projects containing 14,964 rooms,

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Tag: U.S-hotel-construction-pipeline,Asian-hospitality,Lodging-Econometrics,US-Hotel-occupancy,hotel-and-hospitality-news,hospitality-news-USA

Peachtree acquires Canopy hotel in Atlanta

Posted by 11 days ago (https://www.asianhospitality.com/peachtree-acquires-canopy-hotel-in-atlanta/)

Description: ATLANTA-BASED PEACHTREE Hotel Group recently acquired the Canopy by Hilton Atlanta Midtown hotel in Atlanta. The company’s affiliate Peachtree Hospitality Management will operate the property. The 176-room, 15-story Canopy is a lifestyle hotel that opened in 2018 in Midtown Atlanta, according to Peachtree. The area has the largest concentration of arts and cultural attractions and businesses in the Southeast.

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Tag: Peachtree-Hotel-Group,Asian-Hospitality,Canopy-hotel,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

STR: GOPPAR in June reached its highest level since October 2019

Posted by 12 days ago (https://www.asianhospitality.com/str-goppar-of-u-s-hotels-reach-highest-level-since-october-2019-in-june/)

Description: IN JUNE, GOPPAR for U.S. hotels reached its highest level since October 2019, according to STR. All profitability metrics were up in the month compared to the month before. GOPPAR was $91.23 for the month, up from $88.63 reported in May. In April GOPPAR stood at $90.96. EBITDA PAR was $69.53 for June, TRevPAR was $226.10 and labor costs per room were $68.40.

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Tag: STR-report,Asian-Hospitality,GOPPAR-June-2022,U.S-hotel-performance,US-Hotel-occupancy,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

NewcrestImage acquires TownePlace Suites in Dallas area

Posted by 12 days ago (https://www.asianhospitality.com/newcrestimage-acquires-towneplace-suites-in-dallas-area/)

Description: NEWCRESTIMAGE RECENTLY ACQUIRED the TownePlace Suites by Marriott Dallas Las Colinas in Irving, Texas. It is the most recent acquisition for the Dallas-based investment firm led by Mehul Patel as managing partner and CEO, and the company plans to fully renovate the property, which opened in 1998 and was last renovated in 2014. The 3-floor, 135-suite property offers three types of guestroom: studio, one-bedroom, and two bedroom, according to NewcrestImage. It is near two major airports, Dallas Fort Worth International Airport and Love Field, and two major convention centers, the Irving Convention Center and the Gaylord Texan Convention Center.

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Tag: NewcrestImage,Asian-Hospitality,TownePlace-Suites,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

Survey: Two-thirds of Americans say reunions are joyful summer vacations

Posted by 13 days ago (https://www.asianhospitality.com/survey-two-thirds-of-americans-say-reunions-are-most-joyful-summer-vacations/)

Description: TWO-THIRDS OF U.S. travelers think that family and friend reunions bring the most joyful summer vacations, according to a survey from G6 Hospitality’s Motel 6. The survey, conducted by SWNS Media Group, revealed that 57 percent of the respondents plan to attend a family or friend reunion this summer. The poll conducted May 20 to 26, also found 2,000 adults traveling this summer said that an average respondent has not gathered with extended family in four years. U.S. travelers will journey nearly 80 miles to reunite with their favorite people and places, while about 32 percent will venture more than 100 miles.

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Tag: U.S-travelers,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,summer-vacations-reunion-survey

STR: RevPAR reaches an all-time high in the fourth week of July

Posted by 14 days ago (https://www.asianhospitality.com/str-revpar-reaches-an-all-time-high-in-the-fourth-week-of-july/)

Description: ALL PERFORMANCE METRICS of U.S. hotels improved in the fourth week of July and RevPAR reached an all-time high on a nominal basis during the week, according to STR. Occupancy was the highest since early August 2019 in the week. Occupancy was 72.8 percent for the week ending July 23, up from 72 percent the week before and dropped 6 percent from 2019. ADR was $158.79 for the week, up from $157.23 the week before and increased 16.4 percent from three years ago. RevPAR reached $115.59 during the week, up from $113.28 the week before and increased 9.3 percent from 2019.

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Tag: STR-report,Asian-hospitality,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy,RevPAR

LE:U.S. hotel construction pipeline growth continues in the second quarter

Posted by 17 days ago (https://www.asianhospitality.com/le-u-s-hotel-construction-pipeline-growth-continues-in-the-second-quarter/)

Description: THE U.S. HOTEL construction pipeline continued its growth at the end of the second quarter of 2022 as travel returned, according to Lodging Econometrics. The upscale and upper-midscale segments continue to lead the pipeline with 68 percent of projects. The total U.S. construction pipeline stands at 5,220 projects with 621,268 rooms during the second quarter. That is up 9 percent by projects and 4 percent by rooms, over the same period last year, according to the U.S. Construction Pipeline Trend Report from LE.

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Tag: U.S-hotel-construction-pipeline,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

Letter says Marriott is ‘re-evaluating’ relationship with AAHOA

Posted by 19 days ago (https://www.asianhospitality.com/letter-says-marriott-is-re-evaluating-relationship-with-aahoa/)

Description: A LETTER APPEARING to be from Marriott International stating that the company was “re-evaluating” its official relationship with AAHOA over the association’s new stance on franchise relations is causing some disruption on social media. Marriott and AAHOA have not responded to repeated requests for comment on the letter, but in an email to members AAHOA Chairman Neal Patel said the letter is a draft and the company and association are still in negotiations. The letter specifically cites AAHOA’s request that the company reassess its franchising policies in light of AAHOA’s recently released “12 Points of Fair Franchising.” Also, it mentions AAHOA’s support for New Jersey’s proposed Assembly Bill 1958 that would make changes to the New Jersey Franchise Practices Act similar to the guidelines laid out in the 12 Points.

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Tag: AAHOA,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

Hyatt expands partnership with Knowland

Posted by 20 days ago (https://www.asianhospitality.com/hyatt-expands-collaboration-with-knowland/)

Description: HYATT CORP. HAS expanded its relationship with group hospitality analytics firm Knowland, a statement said. The new partnership is aimed at increasing sales, the company said. With this partnership, Hyatt became the first global hotel brand to offer access to the Knowland database through a portfolio-driven program to its properties, the statement added.

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Tag: Hyatt-Corporation,pharmacy-business,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

STR: U.S. hotel construction pipeline drops again in June

Posted by 20 days ago (https://www.asianhospitality.com/str-downward-trend-in-u-s-hotel-construction-continues-in-june/)

Description: U.S. HOTEL CONSTRUCTION declined for the seventh consecutive month in June, according to STR. Rooms in construction in New York City and Nashville represent a significant percentage of existing supply in those markets. Though at a slower pace, planning activity increases across the U.S. and developers are showing interest in Miami, Nashville and Phoenix, the report said.

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Tag: U.S-hotel-construction-pipeline,Asian-Hospitality,str-report,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

STR : U.S. hotel performance bounces back in the third week of July

Posted by 21 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-bounces-back-in-the-third-week-of-july/)

Description: U.S. HOTEL PERFORMANCE bounced back in the third week of July after two consecutive weeks of lower demand due to the Independence Day holiday, according to STR. Occupancy was 72 percent for the week ending July 16, up from 63.3 percent the week before and dropped 7.4 percent from 2019. ADR was $157.23 for the week, up from $153.71 the week before and increased 14.9 percent from three years ago. RevPAR reached $113.28 during the week, up from $97.37 the week before and increased 6.4 percent from 2019.

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Tag: U.S-hotel-performance-july,Asian-Hospitality,str-report,US-Hotel-occupancy,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

Florida AG targets vacation rental scams

Posted by 23 days ago (https://www.asianhospitality.com/florida-ag-targets-vacation-rental-scams/)

Description: FLORIDA ATTORNEY GENERAL Ashley Moody is targeting fake postings offering vacation rental properties. The state’s campaign against these specific scams plays into AAHOA’s call for more short-term rental regulation, the association said. The scams involve fake postings offering vacation rental properties with requests for application fees or security deposits, according to Moody’s office. Victims of the scam pay the deposit, only to find the listing has disappeared and so has the deposit money. The would-be vacationers often show up at the property and find that the actual owners have no record or intention of renting.

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Tag: Florida-AG,vacation-rental-scams-USA,Asian-hospitality,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

AmericInn by Wyndham launches State Fair Family contest

Posted by 24 days ago (https://www.asianhospitality.com/americinn-by-wyndham-launches-state-fair-family-contest/)

Description: AMERICINN BY WYNDHAM has launched the State Fair Family contest with a $15,000 family payday, a statement said. The winning family will get a $10,000 travel stipend and $5,000 cash as prize. To participate in the competition, families need to attend at least three separate Midwest state fairs in one week. They then document their experience in photos and videos on social media and contribute to the future AmericInn Best of the Midwest Fair Guide, the statement added.

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Tag: AmericInn-by-Wyndham,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry

Best Western announces first recipients of Kong Legacy scholarship

Posted by 26 days ago (https://www.asianhospitality.com/best-western-announces-first-recipients-of-kong-legacy-scholarship/)

Description: BWH HOTEL GROUP has announced the recipients of the first ever David and Louise Kong Legacy Scholarship. The scholarship grants financial assistance to individuals associated with Best Western Hotels & Resorts. The four winners are Alexis Heichman of Eagle, Ashley Hernandez, of Patterson, and Phoenix residents Katerina Rose Levendi and Kayla McMahon, the group said in a statement. They will receive $12,000 as part of funding.

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Tag: BEST-WESTERN,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry,BWH-Hotel-Group

RLJ Lodging Trust's Hale wins Castell Award

Posted by 27 days ago (https://www.asianhospitality.com/rlj-lodging-trusts-hale-wins-castell-award/)

Description: HOSPITALITY INVESTMENT EXECUTIVE Leslie Hale has won the third annual Castell Award instituted by the American Hotel & Lodging Association Foundation, a statement said. The award honors a female trailblazer in the hospitality investment arena who paves the way for more women to rise to the top. The award will be presented at the Lodging Conference on Sept. 20. Hale is the president and CEO of RLJ Lodging Trust and vice chair of the AHLA board of directors, the statement said.

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Tag: Leslie-D-Hale,Asian-Hospitality,RLJ-Lodging-Trust,Castell-Award-2022,Hospitality-industry-USA,Hotel-industry-news-USA

STR: U.S. hotel performance drops as expected in the second week of July

Posted by 27 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-drops-as-expected-in-the-second-week-of-july/)

Description: U.S. HOTEL PERFORMANCE dropped in the second week of July, as expected due to a holiday calendar shift, according to STR. The performance was skewed downward due to a comparison with a non-holiday week in 2019. STR said that performance is expected to improve for the remaining weeks of July after two consecutive weeks of lower demand around the Independence Day holiday.

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Tag: U.S-hotel-performance-july,Asian-Hospitality,Hotel-industry-news-USA,U.S-hotel-occupancy,hospitality-industry

NewcrestImage to acquire four LaQuinta hotels

Posted by 30 days ago (https://www.asianhospitality.com/newcrestimage-to-acquire-four-laquinta-hotels/)

Description: DALLAS-BASED INVESTMENT firm NewcrestImage will acquire four LaQuinta-branded hotels in a joint venture between Highgate and Cerberus. The properties, with 696 rooms total, include the LaQuinta Inn & Suites at Los Angeles International Airport that is NewcrestImage’s first gateway location in California. The company, led by Mehul Patel as managing partner and CEO, also has received the Partnership Circle Award from Marriott International, a statement said.

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Tag: NewcrestImage,Asian-Hospitality,LaQuinta-hotels,Hospitality-industry-USA,Hotel-industry-news-USA

BAIRD/STR Hotel Stock Index dropped again in June

Posted by 2 hours ago (https://www.asianhospitality.com/baird-str-hotel-stock-index-dropped-again-in-june/)

Description: THE BAIRD/STR HOTEL Stock Index dropped in June for the second consecutive month. The index dropped for the first time, after rising continuously for five months, in May. Baird/STR recorded a sharp fall of 19.3 percent in June, according to STR. The index dropped 5.8 percent in May. It went up 0.7 percent during April. It increased 2.2 percent in March after rising 4.1 percent in February. The index decreased 21.6 percent during the first six months of 2022.

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Tag: BAIRD/STR-Hotel-Stock-Index,Asian-Hospitality,Hotel-industry-news-USA,U.S-hotel-performance,U.S-hotel-occupancy

Hospitality International’s hihotels adds four properties

Posted by 1 days ago (https://www.asianhospitality.com/hospitality-internationals-hihotels-adds-four-properties/)

Description: FOUR HOTELS RECENTLY joined Hospitality International’s hihotels brand, including three Red Carpet Inns along the East Coast and a new-build Scottish Inns outside of Houston, Texas. The company expects more growth in the future. Hihotels includes five brands Scottish Inns, Red Carpet Inn, Master Hosts Inns, Downtowner Inns and Passport Inn. The new properties include.

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Tag: hihotels,Asian-Hospitality,Hospitality-International,Hospitality-industry-USA,Hotel-industry-news-USA

AHLA trafficking survivors fund receives $1 million donation

Posted by 1 days ago (https://www.asianhospitality.com/ahla-trafficking-survivors-fund-receives-1-million-donation-from-major-hotel-companies/)

Description: THREE MAJOR U.S. hospitality firms have donated $1 million to the No Room for Trafficking Survivors Fund by the American Hotel & Lodging Association Foundation to support human trafficking prevention and survivors, a statement said. The Hyatt Hotels Foundation donated $500,000 to the fund and the G6 Hospitality and Extended Stay America gave a combined $500,000 to the initiative, AHLA said in a statement.

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Tag: AHLA-trafficking-survivors-fund,Asian-Hospitality,U.S-hospitality,Hospitality-industry-USA,Hotel-industry-news-USA,hospitality-industry

Days Inn launches ‘complimentary’ pillow to guests

Posted by 2 days ago (https://www.asianhospitality.com/days-inn-launches-complimentary-pillow-to-guests/)

Description: DAYS INN BY Wyndham has released a new, limited-edition pillow that offers compliments at the push of a button Voiced by comedic actor Patrick Warburton to celebrate summer, according to a statement. From compliments on travelers’ PJs to a serenade sung by Warburton—each prerecorded message is a gift for guests, the company said. Best known for characters like Puddy on the NBC comedy Seinfeld, Buzz Lightyear on Buzz Lightyear of Star Command and Joe Swanson on Family Guy, Warburton brings his signature baritone bravado to his newest role with Day Inn.

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Tag: Days-Inn-by-Wyndham,Asian-Hospitality,complimentary-pillow,Hospitality-industry-USA,Hotel-industry-news-USA

U.S. extended-stay hotels drops for the second consecutive month in May

Posted by 2 days ago (https://www.asianhospitality.com/report-demand-for-u-s-economy-extended-stay-hotels-drops-for-the-second-consecutive-month-in-may/)

Description: ALL RECOVERY INDICES of U.S. extended-stay hotels were lower compared to 2019 in May than in April, according to hotel investment advisors The Highland Group. The demand for economy extended-stay hotels declined 1.3 percent for the second consecutive month in May compared to same period last year mainly due to sharp increase in ADR in last few months, the report said. The U.S. Extended-Stay Hotels Bulletin: May 2022 by The Highland Group said that the extended-stay room supply growth was just 1.9 percent during the month. It is the second successive month that the growth was below 2 percent since 2013, and the eighth consecutive month of 4 percent or lower supply growth.

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Tag: U.S-extended-stay-hotels-report,Asian-Hospitality,Highland-Group-report,Hotel-industry-news-USA,U.S-hotel-performance

STR: U.S. hotel profitability above 2019 levels in May

Posted by 3 days ago (https://www.asianhospitality.com/str-u-s-hotel-profitability-above-2019-levels-in-may-for-third-month-in-a-row/)

Description: THE PROFITABILITY OF U.S. hotels was above 2019 level for the third consecutive month in May, but was lower compared to April, according to STR. The GOPPAR and EBITDA PAR levels were down in May compared to the month before. GOPPAR was $88.63 for the month, down from $90.96 reported in April. In March, GOPPAR stood at $83.81. EBITDA PAR was $67.80 for May, TRevPAR was $219.58 and labor costs per room were $66.27.

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Tag: U.S-hotel-profitability,STR-report,Asian-Hospitability,U.S-hotel-profits,Hotel-industry-news-USA,U.S-hotel-performance

AAHOA makes changes to leadership structure

Posted by 3 days ago (https://www.asianhospitality.com/aahoa-makes-changes-to-leadership-structure/)

Description: AAHOA MADE CHANGES to two leadership positions Monday with a promotion and a new hire. Heather Carnes to executive vice president for communications and chief strategy officer and hired Phelps Hope as its new executive vice president for operations and chief development officer. Carnes has been with AAHOA for three years, most recently as the association’s vice president of marketing and communications, and has worked nearly her entire career in the association space, according to AAHOA. In her new role, she will focus on organizational strategy, marketing and communications, organizational culture and HR, education/program development and strategic partnerships.

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Tag: AAHOA,Asian-Hospitality,Hospitality-industry-USA,Hotel-industry-news-USA,hospitality-industry,U.S-hotels

STR: U.S. hotel performance dips in the first week of July in holiday trend

Posted by 4 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-dips-in-the-first-week-of-july-in-holiday-trend/)

Description: U.S. HOTEL PERFORMANCE dipped in the first week of July when compared to the week before mainly due to decline in demand on account of the Independence Day holiday, according to STR. STR predicted that occupancy and demand are likely to fall again for a week before strengthening in the remaining weeks of July. Occupancy in the week before the holiday fell by more than four percentage points with most of the losses beginning on Wednesday and continuing into the weekend. Since 2000, the fourth of July holiday has fallen on a Monday seven times, including in 2021 and in 2016.

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Tag: STR-report,Asian-hospitality,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

Stonehill originates $79.8 million loan for Churchwick Partners

Posted by 6 days ago (https://www.asianhospitality.com/stonehill-originates-79-8-million-loan-for-churchwick-partners/)

Description: COMMERCIAL REAL ESTATE direct lender Stonehill recently originated a $79.8 million, three-year, floating-rate bridge loan for New York-based Churchwick Partners for the acquisition of a 12-property, extended-stay hotel portfolio. The deal was premised on the strong performance by extended-stay hotels even during the pandemic. Stonehill is an affiliate of Peachtree Hotel Group, led by Jatin Desai and Mitul Patel as managing principals. The deal includes 1,432 rooms in nine states, mostly Sonesta Hotels brands.

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Tag: Stonehill,Asian-Hospitality,Hospitality-industry-USA,Hotel-industry-news-USA,Peachtree-Hotel-Group,hospitality-industry

HotStats: Zero-based budgeting is essential amid volatility

Posted by 9 days ago (https://www.asianhospitality.com/hotstats-zero-based-budgeting-is-essential-amid-volatility/)

Description: ZERO-BASED BUDGETING is essential for hotels amid near- and long-term volatility, according to a blog from HotStats. The blog also suggested that hoteliers need to turn to other futureproofing or future-cushioning methods. In a recent blog post, Michael Grove, COO, HotStats said that zero-based budgeting, a method of budgeting in which all expenses must be justified for each new period starting from a zero base, is very necessary given the fluidity of the global economy and, ultimately, its impact on hotel operations. At the recent 2022 M3 Partners meeting, Grove first illustrated the pandemic’s effect on worldwide profits and how it’s changed the landscape.

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Tag: Zero-based-budgeting,Asian-Hospitality,HotStats-report,Hospitality-industry-USA,Hotel-industry-news-USA

Survey: 97 percent of AHLA members experiencing staffing problems

Posted by 9 days ago (https://www.asianhospitality.com/survey-97-percent-of-ahla-members-experiencing-staffing-problems/)

Description: STAFFING PROBLEMS CONTINUE for 97 percent of American Hotel & Lodging Association members, according to a recent survey. In response, AHLA is expanding its “A Place to Stay” multi-channel advertising campaign to help with recruitment. AHLA’s member survey also found that the staffing shortage is severe for 49 percent of respondents. For 58 percent, finding housekeepers is their biggest challenge.

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Tag: AHLA-members,Asian-Hospitality,staffing-problems-USA,Hospitality-industry-USA,Hotel-industry-news-USA

STR:U.S. hotels scale new weekly records in the fourth week of June

Posted by 11 days ago (https://www.asianhospitality.com/str-u-s-hotels-scale-new-weekly-records-in-the-fourth-week-of-june/)

Description: U.S. HOTELS POSTED new weekly records in all performance metrics in the fourth week of June, according to STR. The RevPAR on a nominal basis scaled new weekly record during the week, occupancy was the highest since August 2019, while ADR on a nominal basis was the highest since the week ending 1 January 2022. Occupancy was 72.3 percent for the week ending June 25, up from 71.8 percent the week before and dropped 4.1 percent from 2019. ADR was $157.05 for the week, up from $155.02 the week before and increased 17.1 percent from three years ago. RevPAR reached $113.55 during the week up from $111.29 the week before and up 12.3 percent from 2019.

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Tag: U.S-hotels,Asian-hospitality,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

Boutique hotels generate more annual RevPAR than traditional hotels

Posted by 13 days ago (https://www.asianhospitality.com/report-boutique-hotels-make-more-revpar-than-traditional-hotels/)

Description: BOUTIQUE HOTELS GENERATED more annual RevPAR than traditional hotels in the U.S. last year, according to a report from consulting agency The Highland Group. Hotels focused on experiential stay, exceptional design and amenities also attracted a rate premium, the report said. Boutique hotels are classified into independent boutique, lifestyle hotels and soft brand collections.

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Tag: outique-hotels-USA,Asian-Hospitality,Highland-Group-survey,Hospitality-industry-USA,Hotel-industry-news-USA

Hotel Property Taxes – An Opportunity to Cut a Cost

Posted by 14 days ago (https://www.asianhospitality.com/hotel-property-taxes-an-opportunity-to-cut-a-cost/)

Description: ACCORDING TO THE March 2022 edition of CBRE’s Hotel Horizons national forecast report, the total revenue for a typical U.S. hotel is not expected to return to pre-COVID 2019 nominal dollars until 2023. Accordingly, hotel owners and operators continue to seek ways to control expenses, and that can include property taxes. One potential reduction opportunity is property taxes, according to an article from Robert Mandelbaum, director of research information services for CBRE Hotels Research, and Mark Whitney, managing director of CBRE’s Property & Transaction Tax Services platform. Based on a sample of 3,400 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures declined by 13 percent from 2020 to 2021. This decline put 2021 property taxes 9.9 percent below 2019 levels. Unfortunately, this compares unfavorably to the 41.3 percent decline in revenues and 57.4 percent falloff in profits during the same period. For this analysis, profits are defined as earnings before interest, taxes, depreciation, and amortization, or EBITDA.

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Tag: Hotel-Property-Taxes,Asian-Hospitality,U.S-hotel-property-taxes,CBRE-Hotels-Research,Hospitality-industry-USA,Hotel-industry-news-USA

NewcrestImage acquires Southlake, Texas, Cambria

Posted by 17 days ago (https://www.asianhospitality.com/newcrestimage-acquires-southlake-texas-cambria/)

Description: DALLAS-BASED INVESTMENT firm NewcrestImage has acquired Cambria Hotel Southlake DFW in Southlake, Texas, the company said in a statement. The company took over operations at the 175-room upscale hotel and the management will be provided by Aimbridge Hospitality. In January, NewcrestImage and Aimbridge contracted for Aimbridge for management services and NewcrestImage became a minority shareholder in the management company.

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Tag: NewcrestImage,Asian-Hospitaality,Southlake-Texas,hotel-news-usa,Hospitality-industry-USA,Hotel-industry-news-USA

AAA: 47.9 million people to travel during Independence Day weekend

Posted by 17 days ago (https://www.asianhospitality.com/aaa-47-9-million-people-to-travel-during-independence-day-weekend/)

Description: AS MANY AS 47.9 million people will travel 50 miles or more from home over the Independence Day weekend from June 30 to July 4, an increase of 3.7 percent over 2021, according to AAA Travel. It added that car travel will set a new record, despite historically high gas prices, with 42 million people hitting the road mainly due to recent issues with air travel and ongoing concerns of cancelations and delays. Independence Day will be the second busiest since 2000, as travel volumes continue to trend upwards, AAA said in a statement. However, the share of air travel will be the lowest since 2011.

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Tag: AAA-Travel-Report,Asian-Hospitality,hotel-news-usa,Hospitality-industry-USA,Hotel-industry-news-USA

Hihotels launches new INNcentive Instant Rewards program

Posted by 18 days ago (https://www.asianhospitality.com/hihotels-launches-new-inncentive-instant-rewards-program/)

Description: HOTEL BRAND HIHOTELS by Hospitality International has launched changes to its INNcentive Instant Rewards program, a statement said. The program offers members access to thousands of discounts and special offers from nationally recognized companies, the company said in a statement. The benefits under the rewards program include a 15 percent discount during each stay (based on availability), early check-in and late checkout, discounts and special offers for dining, shopping, entertainment and travel and weekly emails with special offers for traveling and everyday activities.

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Tag: Hihotels,Asian-Hospitality,Hospitality-International,INNcentive-Instant-Rewards-program,hospitality-news-USA,Hotel-industry-news-USA

Motel 6 celebrates 60 years of business

Posted by 18 days ago (https://www.asianhospitality.com/motel-6-celebrates-60-years-of-business/)

Description: IT’S BEEN SIX decades of keeping the light on for guests by Motel 6. To mark the occasion, the economy brand is thanking its team members, owners and guests, with plans to stick to the same business model for the next 60 years. Motel 6 began in 1962 in Santa Barbara, California, for just $6 a night in keeping with the philosophy of providing affordable, clean and comfortable lodging, according to the company. Since then, the brand, owned by G6 Hospitality, has followed a strategic development plan that has led it to expand more than 1,400 Motel 6 and Studio 6 locations throughout the U.S. and Canada, said Rob Palleschi, G6 CEO, in a video for the June 25 anniversary.

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Tag: Motel-6,Asian-Hospitality,60-years-of-business,hospitality-news-USA,Hotel-industry-news-USA

Noble acquires Hilton Garden Inn Boise

Posted by 18 days ago (https://www.asianhospitality.com/noble-acquires-hilton-garden-inn-boise/)

Description: NOBLE INVESTMENT GROUP in Atlanta has acquired the Hilton Garden Inn Boise Downtown. The transaction caps more than $1 billion investment over the past year, according to a statement. The 132-room hotel is near the city’s leisure and business centers, which includes the Idaho State Capitol, Boise State University, Jack’s Urban Meeting Place, Idaho Central Arena, and the Boise Centre, according to Noble, which is led by Mit Shah as CEO. Hotel amenities include an indoor pool, 4,098 square feet of meeting space and it is pet friendly.

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Tag: Noble-Investment-Group-Atlanta,Asian-Hospitality,Hilton-Garden-Inn-Boise,hospitality-news-USA,Hotel-industry-news-USA

STR: U.S. hotels report highs in the third week of June

Posted by 19 days ago (https://www.asianhospitality.com/str-u-s-hotels-report-highs-in-the-third-week-of-june/)

Description: THE REVPAR OF U.S. hotels reached an all-time weekly high on a nominal and a pandemic-era high on an inflation-adjusted basis in the third week of June, according to STR. Boosted by the highest weekly demand of 28 million room nights sold since August 2019, occupancy was the highest of the pandemic-era during the week. Occupancy was 71.8 percent for the week ending June 18, up from 70.6 percent the week before and dropped 4.8 percent from 2019. ADR was $155.02 for the week, slightly down from $155.37 the week before and increased 14.9 percent from three years ago. RevPAR reached $111.29 during the week up from $109.76 the week before and up 9.4 percent from 2019.

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Tag: STR-report,Asian-hospitality,STR-and-Tourism-Economics,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

Noble Investment acquires dual-brand Hilton hotel in Denver

Posted by 23 days ago (https://www.asianhospitality.com/noble-investment-acquires-dual-brand-hilton-hotel-in-denver/)

Description: NOBLE INVESTMENT GROUP has acquired the dual-brand Hampton Inn & Suites Downtown Denver and Homewood Suites by Hilton Downtown Denver in Denver. Atlanta-based Noble is led by founder and CEO Mit Shah. The dual-brand hotel has a combined 302 guestrooms and suites, an indoor pool and whirlpool, a bar and more than 7,000 square feet of meeting and boardroom space. It is near the Colorado Convention Center and the 16th Street Pedestrian Mall, as well as the Union Station multimodal transportation hub.

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Tag: NOBLE-INVESTMENT,Asian-Hospitality,HILTON-HOTEL,hospitality-news-USA,Hotel-industry-news-USA

Stonebridge buys Le Méridien New Orleans for $84 million

Posted by 23 days ago (https://www.asianhospitality.com/stonebridge-buys-le-meridien-new-orleans-for-84-million/)

Description: STONEBRIDGE COS. HAS acquired the Le Méridien New Orleans hotel for $84 million from Park Hotels & Resorts Inc. It is the second acquisition in the city in 12 months for the Denver-based company, started by CEO Navin Dimond. The 410-room, full-service upscale hotel on Poydras Street is near the city’s French Quarter, Bourbon Street and Warehouse Arts District. Also nearby are the New Orleans Ernest N. Morial Convention Center, Mercedes-Benz Superdome, Smoothie King Center and the Port of New Orleans Cruise Ship Terminal.

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Tag: STONEBRIDGE-COS,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,LE-MÉRIDIEN-NEW-ORLEANS

EVPassport launches cloud-based service specifically for hotels

Posted by 24 days ago (https://www.asianhospitality.com/evpassport-launches-cloud-based-service-specifically-for-hotels/)

Description: ELECTRIC VEHICLE CHARGING stations are a growing fixture at hotels around the U.S. Now, EV charging hardware and software producer EVPassport has released a new cloud-based system that connects its users to the hotel’s guest services platform. The EVPassport Hotel Cloud, a variation of the company’s cloud platform designed specifically for the hospitality industry, offers several options beside a simple charge. Guests can use the platform to locate the hotel on all EV charging location maps and apps. It allows owners to set charging prices, manage access and get details on energy usage, earnings history and carbon offset.

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Tag: EVPassport,Asian-Hospitality,cloud-based-service-for-hotels,connect-EV-drivers-to-the-hotels,hospitality-news-USA,Hotel-industry-news-USA

Magnuson Hotels founder speaks before U.K. Parliament

Posted by 24 days ago (https://www.asianhospitality.com/magnuson-hotels-founder-speaks-before-u-k-parliament/)

Description: THOMAS MAGNUSON, CEO and co-founder of Magnuson Hotels, stood before the House of Lords in the British Parliament last week and spoke on what hotels in the United Kingdom need to continue their recovery from the COVID-19 pandemic. Much of what he said applies to U.S. hotels as well, he said. The key to success in the U.K., Magnuson said in his address, is preserving independent hotels. “Not all hotels are the Savoy,” Magnuson said. “Most hotels in the U.K. are small, family owned, and endangered.”

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Tag: Thomas-Magnuson,Asian-Hospitality,Magnuson-Hotels,hospitality-news-USA,Hotel-industry-news-USA

SHAMIN HOTELS BUYS NEWSPAPER BUILDING FOR NEW OFFICE

Posted by 25 days ago (https://www.asianhospitality.com/shamin-hotels-buys-newspaper-building-for-new-office/)

Description: SHAMIN HOTELS, ONE of the largest Asian American owned hotel development and management companies in the country, has a new home with a literary pedigree. It has purchased the Richmond Times-Dispatch newspaper building that it will renovate and share with the newspaper. Shamin bought the four-story, nearly century-old building for $14.462 million on Jan. 2 and is planning a $1 million renovation, according to the Times-Dispatch. Its previous assessed value is $20.293 million.

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Tag: SHAMIN-HOTELS-USA,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,hotel-development-and-management-USA

Asian Hospitality’s digital June issue is here!

Posted by 25 days ago (https://www.asianhospitality.com/digital/issue204/)

Description: Hotels are a business and business is about are making money.That's why a major focus for the industry now is on the technology that improves revenue generation. One company aiming to meet that need in Bloomington-Minnesota based ideas founded by life-long friends and colleagues Ravi Mehrotra and Sanjay Nagalia.Using their background in artificial intelligence ,they have created a revenue management system, that has been deployed by 19000 hotel properties, including recently added Choice Hotels International with that company's launch of its ChoiceMax program.

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Tag: Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,Asian-Hospitality-Digital-edition-June-2022

TOP TIPS TO MAINTAIN DIESEL GENERATORS AND AVOID ISSUES

Posted by 26 days ago (https://www.asianhospitality.com/diesel-generator-disaster-guide-top-tips-to-maintain-diesel-generators-and-avoid-issues/)

Description: Diesel generators are heavy-duty units designed for longevity. While the durability of diesel generators makes them ideal for long-term usage, they require significant upkeep to keep working as intended. If you have recently purchased a diesel generator or are considering purchasing one, there are several things to keep in mind to ensure you get the best value out of your investment.

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Tag: TIPS-TO-MAINTAIN-DIESEL-GENERATORS,Asian-hopitality,Hotel-industry-news-USA

STR: U.S. hotels' RevPAR at weekly high in the second week of June

Posted by 26 days ago (https://www.asianhospitality.com/str-u-s-hotels-revpar-reaches-all-time-weekly-high-in-second-week-of-june/)

Description: THE REVPAR OF U.S. hotels reached an all-time weekly high on a nominal basis in the second week of June as performance jumped, according to STR. The ADR and occupancy levels were the second and third highest of the pandemic-era, respectively, during the week. Occupancy was 70.6 percent for the week ending June 11, up from 63.2 percent the week before and dropped 4.1 percent from 2019. ADR was $155.37 for the week, up from $147.35 the week before and increased 15.4 percent from three years ago. RevPAR reached $109.76 during the week, up from $93.16 the week before and up 10.7 percent from 2019.

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Tag: Asian-Hospitality,STR-report,U.S-hotels-RevPAR-june,U.S-hotel-occupancy,hospitality-news-USA,Hotel-industry-news-USA

AAHOA, USTA applaud the new National Travel and Tourism Strategy

Posted by 28 days ago (https://www.asianhospitality.com/aahoa-usta-applaud-the-new-national-travel-and-tourism-strategy/)

Description: THE BIDEN ADMINISTRATION’S new National Travel and Tourism Strategy sets a 5-year goal of attracting 90 million international visitors to the U.S. each year. Two major associations in the U.S. hospitality industry applauded the strategy as a step forward in restoring the travel industry. The new tourism strategy aims to support broad-based economic growth in the travel and tourism industry across the U.S. AAHOA thanked the U.S. Department of Commerce Secretary Gina Raimondo and the Tourism Policy Council for their continued leadership and support.

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Tag: AAHOA-and-USTA,Asian-Hospitality,National-Travel-and-Tourism-Strategy-USA,hospitality-news-USA,Hotel-industry-news-USA

ESA produces videos in support of American Cancer Society

Posted by 29 days ago (https://www.asianhospitality.com/esa-produces-videos-in-support-of-american-cancer-society/)

Description: EXTENDED STAY AMERICA is continuing its support for The American Cancer Society with a new video series. The series will focus on ESA’s Hotel Keys of Hope program that provides free and discounted rooms for cancer patients and their caregivers. The “Stay Stories” video series will feature the stories of families who have to travel for cancer treatment, such as Candace Bennik, the subject of the first video who traveled from her home in Grand Rapids, Michigan, to Houston for treatment for stage four lung cancer.

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Tag: EXTENDED-STAY-AMERICA,ESA,Asian-Hospitality,American-Cancer-Society,hospitality-news-USA,Hotel-industry-news-USA

AHLA forms strategic partnership to grow future workforce

Posted by 29 days ago (https://www.asianhospitality.com/ahla-its-foundation-and-ichrie-form-partnership-to-grow-future-workforce/)

Description: THE AMERICAN HOTEL & Lodging Association formed a new partnership with the AHLA Foundation, and the International Council on Hotel, Restaurant, and Institutional Education to grow the future workforce of the hotel and hospitality industry. As part of the collaboration, which came into effect on June 13, ICHRIE will distribute AHLA Foundation materials and facilitate access to its membership and communication channels. Besides, they will explore future opportunities to engage hospitality management faculty and students, an AHLA statement said.

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Tag: AHLA,Asian-Hospitality,AHLA-strategic-partnership,hospitality-and-tourism-industry,hospitality-news-USA,Hotel-industry-news-USA

VEGAN-FRIENDLY HOTELS: A NEW PHENOMENON GATHERING PACE

Posted by 30 days ago (https://www.asianhospitality.com/vegan-friendly-hotels-a-new-phenomenon-gathering-pace/)

Description: On the whole, travelling as a vegan can be tricky. Some countries don’t offer much in terms of plant-based options on a menu, while certain hotels don’t have anything vegan-friendly whatsoever. Thankfully, though, as awareness spreads, the accommodation options for vegan travellers are beginning to increase with it. In fact, in recent times, vegan-friendly hotels have been popping up all over America. Whether you’re in New York or California, a number of vegan-friendly hotels are providing fantastic experiences for vegans. Some venues offer animal-free bedding, furniture and cleaning products, while other hotels might not go to such lengths but at least appreciate that vegans need to eat and therefore tailor their menus accordingly.

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Tag: vegan-friendly-hotels-usa,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA

ONLINE DATING:MAJOR REASONS FOR THE RISING POPULARITY

Posted by 30 days ago (https://www.asianhospitality.com/what-are-the-major-reasons-for-the-rising-popularity-of-online-dating/)

Description: With the internet enabling dating a fully-fledged culture, online dating has become widely popular. Almost every young fellow understands how to meet girls online. They would be aware of a few techniques, online etiquette, and the best ways to pick up women. On the other hand, women would not mind such flirtatious conversation and an occasional pick up as well.

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Tag: Online-dating,reasons-of-online-dating-usa,Asian-Hospitality,RISING-POPULARITY-OF-ONLINE-DATING

HotStats COO IDs labor, return of corporate travel as most pressing issues

Posted by 32 minutes ago (https://www.asianhospitality.com/hotstats-coo-ids-labor-return-of-corporate-travel-as-most-pressing-issues/)

Description: THE MAJOR CHALLENGES faced by U.S. hotels are labor, the return of corporate, group and conference travel, the impact of inflation on cost lines and the energy crisis, said Michael Grove, COO of HotStats, in a recent presentation. In the same session at the International Hospitality Investment Forum, panelists debated the best metric by which to measure industry performance. While speaking during a panel session at IHIF titled “Decoding the Data”, Grove said that the most pressing issue is fixed costs are being replaced by oncoming growth in the variable areas which changes the dynamic of the cost base.

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Tag: HotStats-COO,Asian-Hospitality,return-of-corporate-travel,hospitality-news-USA,Hotel-industry-news-USA

Baird/STR Hotel Stock Index dropped in May

Posted by 1 hours ago (https://www.asianhospitality.com/baird-str-hotel-stock-index-dropped-in-may/)

Description: THE BAIRD/STR HOTEL Stock Index dropped in May, after rising continuously for five months. Investors grew concerned about macroeconomic slowing and inflationary pressures which led to the broader stock market volatility. Baird/STR dropped 5.8 percent during the month, according to STR. Baird/STR went up 0.7 percent during April. The index decreased 2.8 percent over the first five months of 2022. It increased 2.2 percent in March after rising 4.1 percent in February.

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Tag: Baird/STR-Hotel-Stock-Index,Asian-Hospitality,U.S-hotel-occupancy,hospitality-news-USA,Hotel-industry-news-USA

How You Can Manage Your Stress - Asian Hospitality

Posted by 1 days ago (https://www.asianhospitality.com/how-you-can-manage-your-stress/)

Description: If only there were a switch for stress so we can flip it whenever overwhelmed by it. As ridiculous as it may sound, it is very much possible. Although there is a lot you have to work to get that control, you can do it with persistence. According to recent statistics, every one in five individuals in the USA faces mental health issues. And a majority of which are related to stress, depression, and anxiety.

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Tag: MANAGE-YOUR-STRESS,Asian-Hospitality,stress-factors,depression-and-anxiety,sign-of-stress-or-anxiety

Choice to acquire Radisson Americas for $675 million

Posted by 1 days ago (https://www.asianhospitality.com/choice-to-acquire-radisson-americas-for-675-million/)

Description: CHOICE HOTELS INTERNATIONAL has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million. The addition of Radisson’s nine brands to Choice will bring with it 624 hotels with more than 68,000 rooms. As part of the transaction, which covers properties in Canada, Latin America and the Caribbean as well as the U.S., Choice will independently own and control the brands in the Americas and will work with Radisson to drive the growth, continuity and success of the brands, according to a joint press release from the companies. It will be funded by cash on hand and revolver borrowings and includes 10 Radisson Blu hotels, 130 Radisson hotels, 9 Radisson Individuals, 1 Park Plaza hotel, 4 Radisson RED hotels, 453 Country Inn & Suites by Radisson and 17 Park Inn by Radisson hotels, as well as the recently launched Radisson Inn & Suites and Radisson Collection brands.

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Tag: Choice-Hotels-International,Asian-Hospitality,Radisson-Hotel-Group,Choice-to-acquire-Radisson-Americas,hospitality-news-USA,Hotel-industry-news-USA

CYBER PROTECTION ESSENTIAL FOR CYBER CRIMES

Posted by 2 days ago (https://www.asianhospitality.com/cyber-protection-is-essential-for-combating-with-cyber-crimes-with-the-help-of-best-webcams/)

Description: Nowadays, cyber-security risks are increasing vigorously which is caused by global connectivity, through widespread usage of cloud services and the poor configuration of cloud services is paired with the increased rates of cybercriminals activities, thus there is a great chance of increased cyber-attacks. There are various reasons for increased cyber threats nowadays as the theft of information is the fastest and expensive segment of the cybercrime. The cybercriminals are becoming more and more sophisticated and attack the security measures of organizations very badly.

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Tag: cyber-protection,Asian-Hospitality,CYBER-CRIMES,importance-of-cyber-protection,safety-and-security-devices,free-Asian-webcams

Post Memorial Day - U.S. hotel Early June performance drags

Posted by 2 days ago (https://www.asianhospitality.com/str-u-s-hotels-early-june-performance-drags-post-memorial-day/)

Description: U.S. HOTEL PERFORMANCE dropped in the first week of June compared to the week before due to the expected slowdown following the Memorial Day holiday, according to STR. However, ADR increased for the week compared to 2019. Occupancy was 63.2 percent for the week ending June 4, down from 66.5 percent the week before and dropped 12.1 percent from 2019. ADR was $147.35 for the week, down from $151.73 the week before and up 11.3 percent from three years ago. RevPAR reached $93.16 during the week, decreased from $100.97 the week before and dropped 2.2 percent from 2019.

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Tag: U.S-hotel-occupancy,Asian-Hospitality,Post-Memorial-Day,STR-report,hospitality-news-USA,Hotel-industry-news-USA

U.S. to end pre-departure COVID testing for international visitors

Posted by 4 days ago (https://www.asianhospitality.com/u-s-to-end-pre-departure-covid-testing-for-international-visitors/)

Description: THE U.S. IS expected to lift its requirement for pre-departure COVID testing by international travelers bound for the country. Travel industry organizations that have been lobbying for ending the test requirement welcomed the decision announced on Friday. Beginning Sunday, fully vaccinated travelers will no longer have to test negative before entering the U.S., according to media reports. After learning of the plan to lift the testing requirement, the U.S. Travel Association, which last month met with White House officials, along with Airlines for America, to make their case against the pre-departure testing said in a statement that the decision was expected to add 5.4 million visitors to U.S. and $9 billion in travel spending through remainder of 2022.

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Tag: U.S-to-end-pre-departure-COVID-testing,Asian-Hospitality,pre-departure-COVID-testing,hospitality-news-USA,Hotel-industry-news-USA

BLUE SKY, NAVIKA, OPEN DOUBLETREE IN FRONT ROYAL, VIRGINIA

Posted by 5 days ago (https://www.asianhospitality.com/blue-sky-navika-open-doubletree-in-front-royal-virginia/)

Description: The DoubleTree by Hilton Front Royal Blue Ridge Shadows & Golf Course is now open in Front Royal, Virginia. The hotel, recently converted from the Holiday Inn Front Royal, is owned by Navika Group of Companies and managed by Blue Sky Hospitality Solutions Management Co. Real estate company Navika Group and Blue Sky management company both are led by Naveen Shah as president and CEO. Also, Haridas Kotahwala is chairman at Navika Group.

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Tag: BLUE-SKY,NAVIKA-GROUP,DOUBLETREE-IN-FRONT-ROYAL,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA

AHLA partner program grows to record 27 members

Posted by 5 days ago (https://www.asianhospitality.com/six-join-ahla-partner-program-making-record-27-members/)

Description: THE PARTNER PROGRAM of American Hotel & Lodging Association reached a record 27 members with the addition of six new partners. The program offers industry suppliers and service providers an opportunity to engage directly with AHLA members at an executive level and increase brand visibility.

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Tag: AHLA-partner-program,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA

Report: U.S. extended-stay hotels continue good performance in April

Posted by 6 days ago (https://www.asianhospitality.com/report-u-s-extended-stay-hotels-continue-good-performance-in-april/)

Description: U.S. EXTENDED-STAY HOTELS continued their good performance in all measures of performance in April compared to 2019 and higher than in March, according to hotel investment advisors The Highland Group. Due to seasonal increases in leisure travel, the upscale extended-stay hotels benefited the most from the greatest lift in recovery indices except ADR.

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Tag: US-Extended-stay-hotels-report,Asian-Hospitality,U.S- hotel performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

Hawkeye, HOS sell three hotels in Georgia for $100 million

Posted by 6 days ago (https://www.asianhospitality.com/hawkeye-hos-sell-three-hotels-in-georgia-for-100-million/)

Description: HAWKEYE HOTELS AND HOS Management recently sold three hotels in the Savannah, Georgia, area for approximately $100 million. Both companies have plans to continue to expand their development pipelines. The Montford Group and Opterra Capital purchased the Aloft Savannah Airport while Mission Hill and KSL Capital Partners bought the Fairfield Inn & Suites Downtown Savannah Historic District and the Aloft Savannah Historic District, according to Hawkeye, which is led by Ravi Patel as president. All three hotels have more than 400 rooms and each were developed by Savannah-based HOS and Hawkeye Hotels in the last 24 months.

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Tag: Hawkeye-Hotels,HOS-Management,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA

Minnock, Berry join Noble’s investment team

Posted by 7 days ago (https://www.asianhospitality.com/minnock-berry-join-nobles-investment-team/)

Description: Katherine Minnock is now director of investments for Noble Investment Group in Atlanta. Owen Berry is the company’s new development manager. Both new hires will support the expansion of Noble’s investment platform, according to the company, which is led by Mit Shah as CEO.

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Tag: Katherine-Minnock,Owen-Berry,Noble-Investment-Group,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA

STR, TE forecast RevPAR, ADR to surpass pre-pandemic levels in 2022

Posted by 7 days ago (https://www.asianhospitality.com/str-te-forecast-revpar-adr-to-surpass-pre-pandemic-levels-in-2022/)

Description: THE REVPAR OF U.S. hotels is expected to surpass 2019 levels this year, according to the upgraded forecast by STR and Tourism Economics. Still, full recovery may be a couple of years away. ADR and RevPAR for U.S. hotels are forecasted at $14 and $6 higher in 2022 respectively, when compared to 2019, the report presented at the 44th annual NYU International Hospitality Industry Investment Conference stated. However, occupancy in this year is projected to come in under the pre-pandemic comparable.

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Tag: STR-report,Asian-hospitality,STR-and-Tourism-Economics,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

USTA CONTINUES PUSH TO END PRE-DEPARTURE TESTING

Posted by 8 days ago (https://www.asianhospitality.com/usta-continues-push-to-end-pre-departure-testing/)

Description: TRAVEL INDUSTRY LEADERS are continuing their press of federal officials and the Biden Administration to end pre-departure testing for COVID-19 by vaccinated international air travelers bound for the U.S. This time they went directly to the White House. On May 24, representatives from the U.S. Travel Association and Airlines for America met at the White House to make their case that pre-departure testing is no longer required at this stage in the pandemic. USTA and other organizations have been lobbying the White House persistently for the past few months to take the step, and in May they sent a letter to White House COVID-19 Response Coordinator Dr. Ashish Jha saying the requirement is discouraging international travelers.

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Tag: USTA,Asian-Hospitality,pre-departure-testing,Hospitality-industry-USA,Hotel-industry-news-USA

TWENTY FOUR SEVEN HOTELS SEES STRONG FIRST QUARTER

Posted by 8 days ago (https://www.asianhospitality.com/twenty-four-seven-hotels-sees-strong-first-quarter/)

Description: -TWENTY FOUR SEVEN HOTELS SEES STRONG FIRST QUARTER desc-THE FIRST QUARTER of 2022 brought better than the national average performance for Twenty Four Seven Hotels. The Newport Beach, California-based third-party hospitality management company also acquired two new hotels in Southern California. Steady growth in year’s beginning Occupancy for Twenty Four Seven properties rose steadily during the first three months of the year, hitting 62.9 percent in January, 67.8 percent in February and 76 percent in March. ADR also rose during the same three months, from $142.66 to $160.99 to $174.02. RevPAR followed the same trend, rising from $89.73 to $109.10 to $132.25.

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Tag: TWENTY-FOUR-SEVEN-HOTELS,Asian-Hospitality,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

STR: U.S. hotel performance dips in the fourth week of May - Asian Hospitality

Posted by 9 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-dips-in-the-fourth-week-of-may/)

Description: U.S. HOTEL PERFORMANCE dipped slightly in the fourth week of May compared to the week before, according to STR. However, all performance metrics improved during the week compared to 2019. Occupancy was 66.5 percent for the week ending May 28, down from 68.6 percent the week before and up 3.2 percent from 2019. ADR was $151.73 for the week, slightly down from $151.75 the week before and up 22.2 percent from three years ago. RevPAR reached $100.97 during the week, down from $104.06 the week before and rose 26.2 percent from 2019.

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Tag: STR-report,Asian-Hospitality,U.S-hotel-performance,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-occupancy

Palmer is Peachtree’s vice president of risk management - Asian Hospitality

Posted by 9 days ago (https://www.asianhospitality.com/palmer-is-peachtrees-vice-president-of-risk-management/)

Description: Joe Palmer is now vice president of risk management for Atlanta-based Peachtree Hospitality Management. Also, Jatin Desai, managing principal and CFO for Peachtree Hotel Group and immediate past chair of the Atlanta Hospitality Alliance welcomed the new president of that organization, Kim Bardoul. Peachtree Hospitality Management is an affiliate of Peachtree Hotel Group.

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Tag: Joe-Palmer,Asian-Hospitality,Peachtree-vice-president,Hospitality-industry-USA,Hotel-industry-news-USA

David Kong launches organization to help women, minorities

Posted by 11 days ago (https://www.asianhospitality.com/kong-launches-organization-to-help-women-minorities-in-hospitality/)

Description: DAVID KONG, THE recently retired CEO of Best Western Hotel Group, has launched DEI Advisors, a non-profit organization dedicated to helping women and other minority groups to achieve their career aspirations. Specifically, it plans to close the diversity gap that still exists on the upper, leadership levels of the hospitality industry.

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Tag: David-Kong,Asian-hospitality,Hospitality-industry-USA,Hotel-industry-news-USA,Women-in-Hospitality,Best-Western-Hotel-Group

HOSPITALITY INTERNATIONAL HIHOTELS EXPANDED IN 2020

Posted by 13 days ago (https://www.asianhospitality.com/hospitality-internationals-hihotels-expanded-in-2020/)

Description: DESPITE THE CHALLENGES of 2020, hihotels by Hospitality International added 18 properties throughout the U.S. Most are conversions owned by Asian American hoteliers. The five hihotels brands include Red Carpet Inn, Scottish Inns, Master Hosts Inns, Downtowner Inns and Passport Inn. Hospitality International said the brands’ franchising model includes customized support, advanced technology and overall value.

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Tag: Hihotels,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA,Hospitality-International

Websrefresh offers a guide to website copyright

Posted by 13 days ago (https://www.asianhospitality.com/websrefresh-offers-a-guide-to-website-copyright/)

Description: “Copyright” can look like a familiar yet technical term to understand in its absolute sense. Mainly, if referred to in context with websites, this can be a term that most people might not know fully about. To help you have complete knowledge about it, we will try to cover everything you need to know about website copyright in a comprehensive way for you to simplify all the legality that surrounds the term.

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Tag: Websrefresh,Asian-Hospitality,web-design-company,hospitality-news-USA,Hotel-industry-news-USA,website-copyright

CBRE revises 2022 forecast again after strong first quarter

Posted by 13 days ago (https://www.asianhospitality.com/cbre-revises-2022-forecast-again-after-strong-first-quarter/)

Description: A STRONG PERFORMANCE by U.S. hotels during the first quarter of 2022, along with other factors, are leading CBRE Hotels Research to raise its forecast for the rest of the year. The research firm now expects a full recovery in ADR in 2022 and in demand and RevPAR in 2023. First quarter RevPAR reached $72.20, up 61 percent from year earlier, despite a surge from the COVID-19 omicron variant, according to CBRE. RevPAR growth was driven by a 39 percent increase in ADR and a 16 percent increase in occupancy.

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Tag: CBRE-Hotels-Research,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA

Survey: Travelers returning to cruises, feel safe

Posted by 14 days ago (https://www.asianhospitality.com/survey-travelers-returning-to-cruises/)

Description: ALL FORMS OF travel are experiencing a post-pandemic resurgence, including cruises, according to a survey from risk and crisis response provider Global Rescue. Some have concerns about their destination, but most are ready to hit the seven seas. According to the Global Rescue Traveler Sentiment and Safety Survey, 30 percent of respondents were experiencing some hesitancy about where to go, or when to get back to travel after two years of pandemic-related travel restrictions. Meanwhile, 70 percent of respondents are not experiencing any re-entry to travel anxiety in general or on cruise ships, according to the survey.

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Tag: Travelers-returning-to-cruises,Asian-Hospitality,travellers-survey,hospitality-news-USA,Hotel-industry-news-USA

Handicapping The NFL OROY Race - Asian Hospitality

Posted by 15 days ago (https://www.asianhospitality.com/handicapping-the-nfl-oroy-race/)

Description: The last two National Football League Offensive Rookie of the Year pursuits quickly turned into two-horse races between a quarterback who was drafted first overall and a running back. Last year, it was the QB, Kyler Murray of the Arizona Cardinals, who outdistanced running back Josh Jacobs of the then-Oakland Raiders.

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Tag: NFL-OROY-RACE,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news USA,Hotel-industry-news-USA

HIE DAMAGED BY HURRICANE IDA REOPENS NEAR NEW ORLEANS, LA

Posted by 15 days ago (https://www.asianhospitality.com/hie-damaged-by-hurricane-ida-reopens-near-new-orleans-la/)

Description: THE HOLIDAY INN Express in LaPlace, Louisiana, reopened on Jan. 17, after the owner, QHotels Management in LaPlace led by Vimal Patel, completed $5 million in repairs to damage form Hurricane Ida in September. The repairs were slowed by his insurance company’s failure to pay for the work in a timely manner, Patel said. The situation also is affecting Patel’s ability to repair and reopen other properties in the area.

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Tag: HOLIDAY-INN-Express,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hospitality-news-USA

Survey: Gas prices, inflation to impact summer travel

Posted by 16 days ago (https://www.asianhospitality.com/ahla-gas-prices-inflation-to-impact-summer-travel-decisions/)

Description: U.S. TRAVELERS SAID that gas prices and inflation will impact their summer travel decisions more than COVID-19 concerns, according to a survey commissioned by the American Hotel & Lodging Association. The survey, conducted by Morning Consult and released just ahead of the Memorial Day holiday weekend ending May 30, revealed that more than half of the respondents, 57 percent, are likely to take fewer leisure trips and 54 percent will take shorter trips due to current gas prices.

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Tag: U.S-travelers,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,inflation-usa,inflation-us-news,Inflation-news-today

STR: U.S. hotels see highest RevPAR since mid-July 2019

Posted by 16 days ago (https://www.asianhospitality.com/str-u-s-hotels-see-highest-revpar-since-mid-july-2019-in-mays-third-week/)

Description: THE RevPAR OF U.S. hotels in the third week of May was the highest it has been since mid-July 2019, according to STR. Also, all metrics in April as a month improved compared to March, and hotels reported all-time high room rates during the period. Occupancy was 68.6 percent for the week ending May 21, up from 66.5 percent the week before and down 3.5 percent from 2019. ADR was $151.75 for the week, increased from $148.31 the week before and up 13.4 percent from three years ago. RevPAR reached $104.06 percent during the week, up from $98.59 the week before and rose 9.5 percent from 2019.

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Tag: U.S-hotel-occupancy,Asian-Hospitality,STR-report,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-PERFORMANCE

AAHOA supports New Jersey franchising related legislation

Posted by 18 days ago (https://www.asianhospitality.com/aahoa-supports-new-jersey-franchising-related-legislation/)

Description: THE NEW JERSEY legislature is considering legislation that would strengthen protections for franchise businesses in the state, including hotels. AAHOA recently visited the state’s capital to express its support for the bill. Assembly Bill 1958 would make changes to the New Jersey Franchise Practices Act that could benefit the hospitality industry, AAHOA said in a statement. Specifically, the changes include restricting non-competes for longer than six months

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Tag: AAHOA,New-Jersey-franchising,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hospitality-news-USA

Noble Group partners with Host Hotels & Resorts to explore new opportunities - Asian Hospitality

Posted by 20 days ago (https://www.asianhospitality.com/noble-group-partners-with-host-hotels-resorts-to-explore-new-opportunities/)

Description: REAL ESTATE INVESTMENT management firm Noble Investment Group partnered with Host Hotels & Resorts to tap and expand travel, leisure and hospitality opportunities, a statement said. As part of the initiative, Host will invest $150 million as a limited partner in an existing Noble investment vehicle and provide Noble with first-look at select-service and extended-stay hotel opportunities sourced through Host’s channels.

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Tag: NOBLE-GROUP,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hospitality-news-USA

International Gujarati Film Festival comes to Atlanta

Posted by 20 days ago (https://www.asianhospitality.com/international-gujarati-film-festival-comes-to-atlanta/)

Description: THE 3RD EDITION of the Vadilal International Gujarati Film Festival brought the red carpet to the Atlanta area on May 20 to 22. Hundreds of members of the local Gujarati community turned out for the event, which featured appearances from major stars and filmmakers straight from India. IGFF, previously held in Los Angeles and New Jersey, set up this time at the Venture Cinema in Duluth. It’s mission, apart from entertainment, is to spread awareness one of India’s alternatives to Bollywood.

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Tag: International-Gujarati-Film-Festival,Asian-Hospitality,Vadilal-International-Gujarati-Film-Festival,Hospitality-industry-USA,Hotel-industry-news-USA

AAA says 39.2 million people will travel for Memorial Day

Posted by 20 days ago (https://www.asianhospitality.com/aaa-predicts-39-2-million-people-will-travel-for-memorial-day/)

Description: MEMORIAL DAY WEEKEND is back and almost as strong as pre-pandemic levels, with 39.2 million people forecast to travel 50 miles or more from home during the holiday period, according to AAA Travel. Despite record high gas prices, a majority of travelers, 34.9 million, are expected to drive, but air travel also is seeing resurgence. The total forecasted number of travelers is 8.3 percent higher than 2021’s 36.2 million and comes closer to 2017 levels. Last year, U.S. hotels saw occupancy hit nearly 62 percent over that Memorial Day weekend, according to STR.

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Tag: AAA-Travel-Report,Asian-Hospitality,hotel-news-usa,Hospitality-industry-USA,Hotel-industry-news-USA

AHLA welcomes new member golf course operator ClubCorp

Posted by 21 days ago (https://www.asianhospitality.com/ahla-accepts-new-member-clubcorp/)

Description: THE AMERICAN HOTEL & Lodging Association has accepted ClubCorp, an owner and operator of private clubs, as a new member, a statement said. The association hopes to attract more clubs with lodging connections.

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Tag: AHLA,Asian-Hospitality,hotel-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

NEW ORLEANS: ASIAN AMERICAN-OWNED JV DEVELOPING A CANOPY

Posted by 21 days ago (https://www.asianhospitality.com/asian-american-owned-jv-developing-a-canopy-in-new-orleans/)

Description: TWO ASIAN AMERICAN-owned companies are working together to develop a Canopy by Hilton in downtown New Orleans. Baywood Hotels and NewcrestImage are renovating the historic former Oil and Gas Building into a 176-room, 14-floor upscale hotel. Baywood, based in Columbia, Maryland, is led by President Al Patel and Mehul Patel is chairman and CEO of Dallas-based NewcrestImage.

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Tag: Asian-Hospitality,hotel-hospitality-news,Baywood-Hotels,NewcrestImage,hospitality-news-USA,Hotel-industry-news-USA

NEWCRESTIMAGE OPENS HYATT PLACE IN AMARILLO, TEXAS

Posted by 22 days ago (https://www.asianhospitality.com/newcrestimage-opens-hyatt-place-in-amarillo-texas/)

Description: NewcrestImage has opened a Hyatt Place in Amarillo, Texas, the company’s fourth hotel in the city. The 91-room, four-floor hotel is the second property of a three-hotel, 300-room ‘hotel campus’ located at the I-40 Frontage Road and South Soncy Road intersection. The first property of the hotel complex, a 90-room Tru by Hilton, was opened in August 2018 and a 90-room Aloft by Marriott is scheduled to begin construction by mid-year of 2020.

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Tag: NEWCRESTIMAGE,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA

Noble,Stonehill announce major changes in senior leadership

Posted by 22 days ago (https://www.asianhospitality.com/noble-stonehill-announce-major-changes-in-senior-leadership/)

Description: TWO MAJOR COMPANIES in the real estate finance space, Noble Investment Group and Peachtree Hotel Group affiliate Stonehill, recently announced major changes in their senior leadership team. Noble, led by Mit Shah as CEO, announced triple promotions in the firm. Dustin Fisher, Lisa Smith and Judd Ledet have been promoted as senior vice presidents for investments, asset management and development, respectively.

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Tag: Noble-Investment-Group,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

STR: U.S. hotel performance improved in May’s second week

Posted by 23 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-improved-in-mays-second-week/)

Description: U.S. HOTEL PERFORMANCE improved in the second week of May compared to the week before, according to STR. Occupancy, ADR and RevPAR all rose from the previous week and the latter two rose from 2019 levels. Occupancy was 66.5 percent for the week ending May 14, up from 63.9 percent the week before and down 5.9 percent from 2019. ADR was $148.31 for the week, increased from $147.24 the week before and up 10.5 percent from three years ago. RevPAR reached $98.59 during the week, up from $94.10 the week before and rose 4.1 percent from 2019.

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Tag: U.S-hotel-occupancy,Asian-Hospitality,STR-report,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-PERFORMANCE

Wyndham 's "Extra Mile" to show flight attendants gratitude

Posted by 25 days ago (https://www.asianhospitality.com/wyndhams-extra-mile-to-show-support-and-gratitude-to-flight-attendants/)

Description: WYNDHAM HOTELS AND RESORTS launched the new “Extra Mile” initiative to show support and gratitude towards flight attendants, ahead of the International Flight Attendant Day on May 31, a statement said. The hotel company is partnering with TV personality and former flight attendant Lauren Lane for the project. As part of the scheme, when flight attendants check-in at select hotels across the U.S., some will receive a $10 gift cards, in the form of reward points, to popular retailers like Starbucks and Amazon while others will receive a free weekend stay at the Wyndham hotel of their choice.

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Tag: Wyndham-Hotels-&-Resorts,women-entrepreneurs,women-in-hospitality,asian-hospitality,hospitality-news-usa,hotel-industry-news,us-hotel-news

VISION HOSPITALITY BREAKS GROUND ON AC HOTEL IN ATLANTA

Posted by 25 days ago (https://www.asianhospitality.com/vision-hospitality-breaks-ground-on-ac-hotel-in-atlanta/)

Description: VISION HOSPITALITY GROUP has broken ground on the upscale AC Hotel Atlanta Perimeter Center in Atlanta. The 156-room hotel is expected to open in 2021. Chattanooga, Tennessee-based Vision Hospitality is led by Mitch Patel, president and CEO.

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Tag: VISION-HOSPITALITY-GROUP,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

THE RIVERFRONT HOTEL OPENS IN WASHINGTON - Asian Hospitality

Posted by 26 days ago (https://www.asianhospitality.com/the-riverfront-hotel-opens-in-washington/)

Description: The Riverfront Hotel, SureStay Collection by Best Western is now open in Richland, Washington. The hotel is owned by Jitesh Desai. The 136-room hotel is near Howard Amon Park and outdoor event space John Damn Plaza. Also nearby are J. Bookwalter Winery and Tagaris Winery, Allied Arts-Gallery at the Park, REACH Museum and Manhattan Project B Reactor Tours.

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Tag: Riverfront-Hotel,Asian-Hospitality,SureStay-Collection-by-Best-Western,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

Best Western Plus opens in Cleveland, TN - Asian Hospitality

Posted by 27 days ago (https://www.asianhospitality.com/best-western-plus-opens-in-cleveland-tn/)

Description: The Best Western Plus Magnolia Inn & Suites is now open in Cleveland, Tennessee. The recently renovated 87-room hotel, owned by Jay Patel, is near the Ocoee River which offers recreational activities, such as white-water rafting, swimming, fishing and boating. Also nearby is the national headquarters of Church of God, national headquarters of Life Care Centers of America, a Whirlpool Corp. manufacturing plant, the Wacker Chemical Co. plant and Cleveland State Community College. Amenities include a fitness center, outdoor pool and meeting space to accommodate up to 30 people.

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Tag: Best-Western-Plus,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

IHG hotel partners with Goodr to rescue surplus food

Posted by 27 days ago (https://www.asianhospitality.com/ihgs-crowne-plaza-atlanta-partners-with-goodr-to-rescue-surplus-food/)

Description: IHG HOTELS & Resorts hotel Crowne Plaza Atlanta Perimeter at Ravinia in Atlanta partnered with food waste management firm Goodr to rescue its surplus food, according to IHG. It will be the first IHG property to use the service. As part of the partnership, edible, unsold food from the location’s restaurants and corporate dining events will now be donated to Goodr’s local non-profit partners, according to IHG. It also supports IHG’s Journey to Tomorrow, a 10-year responsible business plan, which includes combating food insecurity in communities around the world and minimizing food waste.

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Tag: IHG-hotel-partners,Asian-Hospitality,Hotel-industry-news-USA,hospitality-industry-news-USA,hotel-news-USA,hotel-and-hospitality

Report: Record demand for extended-stay in 1st quarter

Posted by 28 days ago (https://www.asianhospitality.com/report-record-high-demand-for-extended-stay-hotels-in-the-first-quarter/)

Description: U.S. EXTENDED-STAY hotels registered an increase in occupancy and ADR in the first quarter of this year, according to hotel investment advisors The Highland Group. Record high demand, low supply growth and rising overall ADR are driving the strong performance. Economy and mid-price extended-stay hotels recovered RevPAR to their nominal 2019 values and the former is leading the recovery, the U.S. Extended-stay Hotels: First Quarter 2022 report said. However, the upscale extended-stay segment is lagging the overall recovery but reporting slightly better recovery performance as demand is at an all-time high, the report added.

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Tag: U.S-extended-stay-hotels,Asian-Hospitality,U.S-hotel-occupancy,STR-report,Hotel-industry-news-USA,U.S-HOTEL-PERFORMANCE

Travel industry urge end to pre-departure testing

Posted by 28 days ago (https://www.asianhospitality.com/travel-industry-business-organizations-urge-end-to-pre-departure-testing/)

Description: MORE THAN 260 travel industry and business organizations, such as the U.S. Travel Association, urged a repeal of the pre-departure testing requirement for vaccinated international air travelers. The requirement no longer makes sense in the current environment and discourages international travel at a time when a recent survey

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Tag: Travel-industry-urge,pre-departure-testing-requirement,Asian-Hospitality,Hotel-industry-news-USA,hospitality-industry-news-USA,hotel-news-USA,hotel-and-hospitality-industry-news

TOWNEPLACE OPENS IN SAN ANTONIO, TEXAS

Posted by 29 days ago (https://www.asianhospitality.com/towneplace-opens-in-san-antonio-texas/)

Description: The TownePlace Suites by Marriott San Antonio Northwest at The RIM in San Antonio, Texas, opens on Aug. 17. It is owned and managed by Satesh Limited, led by Sunil Wadhwani, president.

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Tag: TOWNEPLACE,Asian-Hospitality,Hotel-industry-news-USA,hospitality-industry-news-USA,hotel-news-USA,hotel-and-hospitality-industry-news

MAYA HOTELS HOLDS RIBBON CUTTING FOR NC TRU

Posted by 29 days ago (https://www.asianhospitality.com/maya-hotels-holds-ribbon-cutting-for-nc-tru/)

Description: MAYA HOTELS HELD grand opening for its Tru by Hilton Mooresville in Mooresville, North Carolina. Maya Hotels is led by co-founders J.D. Deva and Baldev Thakor. The Charlotte, North Carolina-based company held a ribbon cutting ceremony on Aug. 19, though it opened in July. Attendees included Mooresville Mayor Miles Atkins and Leah Mitcham, executive director of the Mooresville Convention & Visitors Bureau.

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Tag: Maya-Hotels,Asian-Hospitality,Hotel-industry-news-USA,hospitality-industry-news-USA,hotel-news-USA,hotel-and-hospitality-industry-news

MAGNUSON HOTEL OPENS IN LITTLE ROCK, ARKANSAS

Posted by 29 days ago (https://www.asianhospitality.com/magnuson-hotel-opens-in-little-rock-arkansas/)

Description: Magnuson Hotel Little Rock South in Little Rock, Arkansas, is now open. It’s owned by Mahesh Patel. The 90-room hotel is a former Choice Hotel close to Bill and Hillary Clinton National Airport, University of Arkansas Little Rock, River Market, Little Rock Convention Center, William J. Clinton Library, the Museum of Discovery and the Arkansas Inland Maritime Museum.

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Tag: Magnuson-Hotel,Asian-Hospitality,hospitality-industry-news,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

STR: U.S. hotel occupancy declines in May's first week

Posted by 30 days ago (https://www.asianhospitality.com/str-u-s-hotel-occupancy-declines-but-adr-up-in-mays-first-week/)

Description: U.S. HOTEL OCCUPANCY decreased in the first week of May compared to the week before, according to STR. However, ADR increased slightly. Occupancy was 63.9 percent for the week ending May 7, down from 66.6 percent the week before and dipped 6.1 percent from 2019. ADR was $147.24 for the week, up from $146.67 the week before and up 12 percent from three years ago. RevPAR reached $94.10 during the week, up from $97.72 and rose 5.1 percent from 2019.

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Tag: U.S-hotel-occupancy,STR-report,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-PERFORMANCE

FAIRFIELD OPENS IN RIVERVIEW, FLORIDA - ASIAN HOSPITALITY

Posted by 1 days ago (https://www.asianhospitality.com/fairfield-opens-in-riverview-florida/)

Description: The Fairfield by Marriott Inn & Suites Tampa Riverview is now open in Riverview, Florida. It is owned by Riverview Hotels & Resorts LLC led by manager Singh Japinder and managed by Naples Hotel Group of Naples, Florida. The 108-room hotel is near James A. Haley Veterans’ Hospital, St. Joseph’s Hospital, Topgolf and Bass Pro Shops. Hotel amenities include an outdoor swimming pool, fitness center and 512 square feet of meeting space to accommodate functions of up to 40 people.

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Tag: Fairfield-by-Marriott-Inn-&-Suites,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

Banyan sells Kimpton Hotel in Fort Lauderdale, FL

Posted by 1 days ago (https://www.asianhospitality.com/banyan-sells-kimpton-hotel-in-fort-lauderdale-fl/)

Description: BANYAN INVESTMENT GROUP recently sold its Kimpton Goodland Hotel Fort Lauderdale Beach, Florida, to DiamondRock Hospitality Co. for $35.3 million. The sale is expected to bring a substantial return for investors in the Atlanta-based company, led by Andy Chopra as managing partner. The 96-room hotel is near Las Olas and Sebastian Street beach parks, Bonnet House Museum and Gardens, Sea Turtle OP Headquarters and multiple shops and eateries. Hotel amenities include an outdoor, heated pool, fitness center, loaner beach cruisers and beach items including boogie boards to folding chairs. F&B options include food and tiki-themed cocktails at Botanic at the Goodland or poolside drinks and snacks at the Good Bar.

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Tag: Banyan-Investment-Group,Asian-Hospitality,Kimpton-Hotel,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

FCC mandating that all old phone lines be replaced by Aug

Posted by 2 days ago (https://www.asianhospitality.com/fcc-mandating-that-all-old-copper-phone-lines-be-replaced-by-august/)

Description: TIMES ARE QUICKLY changing, but never so much as the ongoing advancements in telecommunications. The Federal Communications Commission is taking steps to force carriers to stop selling copper phone lines, or “plain old telephone service” (POTS), which means the legacy analog copper phone line is being phased out sooner rather than later. Networks are aging, parts are unavailable, and technicians are retiring.

Category:

Tag: Federal-Communications-Commission,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

Best Western Plus opens in Orlando East-UCF Area

Posted by 3 days ago (https://www.asianhospitality.com/best-western-plus-opens-in-orlando/)

Description: The Best Western Plus Orlando East-UCF Area in Orlando opened May 3. It is owned by PRM Hotels led by Ishwar Naran as president and CEO. The newly renovated 70-room hotel is near the University of Central Florida and other local colleges, including Strayer University Orlando East Campus and Valencia College East Campus. Other local attractions include Central Florida Research Park, Orange County Convention Center, Addition Financial Arena and UCF’s Bounce House. Amenities include an outdoor pool as well as a 400-square-foot boardroom and 600-square-foot conference room that can accommodate up to 10 and 50 people.

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Tag: Best-Western-Plus,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

USTA: Leisure and hospitality job gains worst since 2020

Posted by 3 days ago (https://www.asianhospitality.com/usta-leisure-and-hospitality-job-gains-worst-since-the-end-of-2020/)

Description: THE U.S. ADDED 428,000 jobs in April, keeping the unemployment rate at 3.6 percent, just above the level two years ago, according to the U.S. Department of Labor. However, the leisure and hospitality sector saw some of the slowest growth in job creation.

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Tag: USTA-report,Leisure-and-hospitality-job-USA,Asian-Hospitality,hospitality-news-USA,Hotel-industry news USA,hotel-and-hospitality-news

AHLA relaunches campaign to boost travel - Asian Hospitality

Posted by 3 days ago (https://www.asianhospitality.com/ahla-relaunches-campaign-to-boost-travel/)

Description: THE AMERICAN HOTEL and Lodging Association relaunched its “Hospitality is Working” campaign to highlight hotels’ commitment to workforce, guests and communities, according to a statement. The campaign aims to reengage travelers and showcase the economic and community benefits hotels provide in neighborhoods across the U.S.

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Tag: AHLA,AHLA-campaign,Asian-Hospitality,,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

J.W. ‘Bill’ Marriott retires,son David assumes chairmanship

Posted by 4 days ago (https://www.asianhospitality.com/j-w-bill-marriott-retires-son-david-assumes-chairmanship/)

Description: A CHANGING OF the guard is taking place at Marriott International as chairmanship of the company transitions from J.W. “Bill” Marriott Jr. to his son David Marriott. The senior Marriott has led the company for more than 60 years. Marriott announced the change in February. J.W. spent his high school and college years working in a variety of positions in the family’s Hot Shoppes restaurant chain. He became a full-time associate in 1956, and soon afterward began overseeing the first Marriott hotel. He became president of the company in 1964 and CEO in 1972, a role he held for 40 years before stepping down in 2012. He was elected chairman of the board in 1985.

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Tag: J.W-‘Bill’-Marriott,Asian-Hospitality,Marriott-International,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

Le Meridien :Hawkeye will operate the property in St. Louis

Posted by 4 days ago (https://www.asianhospitality.com/le-meridien-hotel-opens-in-st-louis/)

Description: The Le Méridien St. Louis Downtown in St. Louis is open. It was developed by Hawkeye Hotels, led by Ravi Patel as president, and Paris-based Le Méridien Hotels & Resorts.

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Tag: Le-Méridien,Asian-Hospitality,LE-MÉRIDIEN-HOTEL,hospitality-news-USA,Hotel-industry-news-USA,hotel-and-hospitality-news

Baird/STR Hotel Stock Index rose 0.7 percent in April

Posted by 5 days ago (https://www.asianhospitality.com/baird-str-stock-index-rose-0-7-percent-in-april/)

Description: THE BAIRD/STR HOTEL Stock Index rose again in April, continuing a trend the index has followed for the past four months. Investors’ optimism is driven by the travel industry’s ongoing recovery due to pent-up demand that is overriding negative influences, such as the Russia/Ukraine war and rising interest rates. Baird/STR went up 0.7 percent during the month, according to STR. The index rose 3.1 percent over the first four months of 2022. In March it increased 2.2 percent in March after rising 4.1 percent in February.

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Tag: Baird/STR-Stock-hotel-Index,Asian-Hospitality,U.S-HOTEL-PERFORMANCE,Hotel-industry-news-USA,STR-report,U.S-hotel-occupancy

Hersha Hospitality to sell 7 properties for $505 million

Posted by 6 days ago (https://www.asianhospitality.com/hersha-hospitality-to-sell-7-properties-for-505-million/)

Description: REAL ESTATE INVESTMENT firm Hersha Hospitality Trust will sell seven of its select service properties outside New York for $505 million, or approximately $360,000 per key, according to a statement. Proceeds will go to cover some of the company’s debt and provide liquidity. The properties in the deal are the Hotel Courtyard Brookline, Hampton Inn – Philadelphia, Hilton Garden Inn M Street, Hampton Inn – Washington, Courtyard Sunnyvale, Courtyard Los Angeles Westside and TownePlace Suites Sunnyvale. The transaction is expected to close in the third quarter of 2022 subject to customary closing conditions, the statement added.

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Tag: Hersha-Hospitality,Asian-Hospitality,hospitality-news-USA,Hotel-ndustry-news-USA

Choice Hotels convention focuses on franchisees

Posted by 6 days ago (https://www.asianhospitality.com/choice-hotels-convention-focuses-on-franchisees/)

Description: FRANCHISEE RESILIENCE AND determination was the focus of Choice Hotels International’s 66th annual convention in Las Vegas last week. In keeping with that theme, in a press conference at the convention, corporate leadership for Choice said they are working with AAHOA on ways to implement the association’s recently updated 12 Points of Fair Franchising. More than 5,200 people attended the conference, including franchisees and their families. Other news from the event includes the announcement of a new program to promote women ownership of hotels and the hiring of two new franchise development directors.

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Tag: Choice-Hotels-International-66th-annual-convention,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-PERFORMANCE

HotStats: Hotels see strong performance in first quarter

Posted by 8 days ago (https://www.asianhospitality.com/hotstats-hotels-register-strong-performance-in-the-first-quarter/)

Description: THE PERFORMANCE OF U.S. hotels ended strong in the first quarter with March profit surging across most global regions, according to HotStats. The research firm said stronger revenues, better conversion rates and less worry by travelers about a COVID upsurge drove the first quarter surge in performance.

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Tag: HotStats,Asian-Hospitality,hotel-performance-Q1,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-PERFORMANCE

RODNEY WILLIAMS RETIRING FROM NOBLE INVESTMENT GROUP

Posted by 9 days ago (https://www.asianhospitality.com/williams-retiring-from-noble-investment-group/)

Description: Rodney Williams is retiring from his position as principal and chief investment officer at Noble Investment Group at the end of the year. He will continue to serve on the firm’s investment committee as a senior advisor.

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Tag: Rodney-Williams,Asian-Hospitality,NOBLE-INVESTMENT-GROUP,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

CALIFORNIA HOTELIER NAMED TOP ENTREPRENEUR BY YAHOO FINANCE

Posted by 9 days ago (https://www.asianhospitality.com/california-hotelier-named-top-entrepreneur-by-yahoo-com/)

Description: CALIFORNIA-BASED HOTELIER Sunil “Sunny” Tolani has been named a top entrepreneur by Yahoo Finance. Tolani’s the Prince Organization was named one of the fastest growing private companies in Orange County, California, by the Orange County Business Journal. In the Yahoo listing, Tolani is recognized not only for his work operating multiple hotels but also charity work, youth empowerment and education. It also mentions the organization’s receipt of several honors and awards, including the 2016 Tripadvisor Certificate of Excellence and, more recently, the Nelson Mandela Leadership Award from the Non Resident Indian Welfare Society.

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Tag: CALIFORNIA-HOTELIER-Sunil-“Sunny”-Tolani,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

HIHOTELS ADDED FOUR PROPERTIES IN FIRST QUARTER

Posted by 10 days ago (https://www.asianhospitality.com/hihotels-added-four-properties-in-first-quarter/)

Description: FOUR PROPERTIES JOINED the hihotels by Hospitality International portfolio during the first quarter. The new additions are in Maryland, Oregon and Texas and are all conversions.

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Tag: Hihotels,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

LA QUINTA ’S 120TH DEL SOL PROPERTY OPENS IN NC

Posted by 10 days ago (https://www.asianhospitality.com/la-quintas-120th-del-sol-property-opens-in-nc/)

Description: La Quinta by Wyndham Selma is now open in Selma, North Carolina. Owned by Jay Sai Corp., it is the 120th hotel to open using the La Quinta Del Sol prototype. The 80-room hotel is near Raleigh-Durham International Airport and Smithfield Community Park. Amenities include an outdoor pool.

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Tag: LA-QUINTA,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news

Survey: Travel fears are fading for most as pandemic ends

Posted by 10 days ago (https://www.asianhospitality.com/survey-travel-fears-are-fading-for-most-as-pandemic-ends/)

Description: THE WAR IN Ukraine and lingering concerns about the COVID-19 pandemic are making some travelers nervous, according to a survey from risk and crisis response provider Global Rescue. Still, Global Rescue found that fewer people are experiencing hesitancy about travel. About 71 percent of respondents to Global Rescue’s Spring 2022 Traveler Safety and Sentiment Survey said they are somewhat concerned, concerned or much more concerned about international travel since the beginning of the war in Ukraine. The remaining 29 percent said they are not concerned at all.

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Tag: Travel-fears-are-fading,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news,Nervous-about-international-travel

Laura Lee Blake is new AAHOA president and CEO

Posted by 11 days ago (https://www.asianhospitality.com/blake-is-new-aahoa-president-and-ceo/)

Description: ATTORNEY LAURA LEE Blake is the president and CEO of AAHOA, succeeding Ken Greene. Previously she was a partner with Connor, Fletcher, and Hedenkamp LLP in Irvine, California. Blake previously worked for AAHOA for nearly 10 years, from 2005 to 2014, according to AAHOA. That was one of the highlights of her career, she said.

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Tag: Laura-Lee-Blake,Asian-Hospitality,AAHOA-president,Hotel-industry-news-USA,hotel-and-hospitality-news

STR: GOPPAR reached 28-month high in March

Posted by 11 days ago (https://www.asianhospitality.com/str-goppar-reached-28-month-high-in-march/)

Description: PROFITS FOR U.S. hotels reached a 28-month high in March, according to STR. Spring break travel and higher rates are pushing performance up on all levels. GOPPAR was $83.81 for the month, the highest level for the metric since November 2019. It was less than $10 shy of reaching the pre-pandemic comparable from March 2019. In February GOPPAR stood at $58.88.

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Tag: GOPPAR,Asian-Hospitality,STR-report,U.S-hotel-occupancy,STR-forecast-2022,baird/str-hotel-stock-index

HFTP rejects AHLA’s merger offer, counters with MOU offer

Posted by 12 days ago (https://www.asianhospitality.com/hftp-rejects-ahlas-merger-offer/)

Description: ON MONDAY THE Hospitality Financial and Technology Professionals association politely declined an offer by the American Hotel and Lodging Association to merge the two organizations. Instead, HFTP’s board of directors offered to enter into a memorandum of understanding with AHLA similar to agreements it has with other associations, such as AAHOA.

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Tag: HFTP,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news,AHLA

Tampa saw the highest occupancy, ADR during the week

Posted by 16 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-improves-in-the-fourth-week-of-april/)

Description: U.S. hotel performance improved in the fourth week of April from the week before, according to STR. The top 25 markets saw improvement as well. Occupancy was 65.8 percent for the week ending April 23, up from 62 percent the week before and down 4.2 percent from 2019. ADR was $148.35 for the week, increased from $147.25 the week before and up 15.4 percent from three years ago. RevPAR reached $97.66 during the week, up from $91.25 the week before and rose 10.5 percent from 2019.

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Tag: U.S-hotel-occupancy,Asian-Hospitality,U.S-hotel-performance,STR-report,STR-forecast-2022,baird/str-hotel-stock-index

COUNTRY INN OPENS IN SOUTH DAKOTA CAPITAL

Posted by 17 days ago (https://www.asianhospitality.com/country-inn-opens-in-south-dakota-capital/)

Description: The Country Inn & Suites by Radisson Pierre is now open in Pierre, South Dakota. It is owned by Pramukhraj Pierre ownership group led by Yogin Patel as principal. The 53-room, recently renovated hotel is near Pierre Regional Airport, the South Dakota State Capitol, the LaFramboise Island Nature Area on the Missouri River, the Steamboat Park amphitheatre and the South Dakota Discovery Center.

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Tag: COUNTRY-INN,Asian-Hospitality,Country-Inn-&-Suites,Hotel-industry-news-USA,hotel-and-hospitality-news

MY PLACE OPENS IN GREEN BAY, WI - Asian Hospitality

Posted by 17 days ago (https://www.asianhospitality.com/my-place-opens-in-green-bay-wi/)

Description: The My Place Hotel-Green Bay is now open in Green Bay, Wisconsin. It is owned by Asharam, LLC led by Principal Atul Patel. The 64-room extended-stay hotel is the 61st My Place hotel in the U.S. and the second in Wisconsin. It is part of My Place’s Trend Hotels & Suites brand launched earlier this year.

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Tag: MY-PLACE,Asian-Hospitality,My-Place-Hotel-Green-Bay,Hotel-industry-news-USA,hotel-and-hospitality-news

Leaf is Peachtree’s vice president, head of internal sales

Posted by 17 days ago (https://www.asianhospitality.com/leaf-is-peachtrees-vice-president-and-head-of-internal-sales/)

Description: Brian Leaf is now vice president and head of internal sales for Peachtree Hotel Group’s broker-dealer affiliate Peachtree PC Investors. Previously, he was vice president for capital markets.

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Tag: Brian-Leaf,Peachtree-Hotel-Group,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news

USTA: Mask mandate for public transportation 'out of step'

Posted by 18 days ago (https://www.asianhospitality.com/usta-mask-mandate-for-public-transportation-is-out-of-step/)

Description: THE U.S. DEPARTMENT of Justice will appeal the recent court ruling that overturned a federal mask mandate on public transportation. In response, the U.S. Travel Association said that the mandate is simply out of step with the current public health landscape.

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Tag: USTA,asian-hospitality,MASK-MANDATE-USA,Hotel-industry-news-USA,hotel-and-hospitality-news,U.S-hotel-performance

CBRE: Hotel insurance cost is largely uncontrollable

Posted by 19 days ago (https://www.asianhospitality.com/hotel-insurance-a-largely-uncontrollable-cost/)

Description: IN 2020 AND 2021, U.S. hotel operators did a praiseworthy job controlling expenses to offset the significant declines in revenue. Based on data from CBRE’s Trends in the Hotel Industry survey of annual operating statements from thousands of properties across the U.S., not only have we seen a reduction in the variable expenses associated with the drop in business volume (i.e., occupied rooms, restaurant covers), but also in cuts among what were previously thought to be fixed expenses.

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Tag: CBRE-Hotels-Research-April,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news,hotel-insurance-expenditures-USA

LE:U.S. construction pipeline slightly up in the1st quarter

Posted by 19 days ago (https://www.asianhospitality.com/le-u-s-hotel-construction-pipeline-slightly-up-in-first-quarter/)

Description: THE U.S. HOTEL construction pipeline was slightly up at the end of the first quarter of 2022, according to Lodging Econometrics. Dallas was the top U.S. market for building. The pipeline stood at 5,090 projects containing 606,302 rooms, up 2 percent by projects, but down 3 percent by rooms, during the period. There are 961 projects with 128,784 rooms currently under construction in the first quarter, down 27 percent by projects and 28 percent by rooms compared to 2021, stated the latest trend report by LE.

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Tag: U.S-construction-pipeline,Asian-Hospitality,LE-report,Hotel-industry-news-USA,hotel-and-hospitality-news

Basu named general manager at JW Marriott in Orlando - Asian Hospitality

Posted by 19 days ago (https://www.asianhospitality.com/basu-named-general-manager-at-jw-marriott-in-orlando/)

Description: Sam Basu is the new general manager for JW Marriott Orlando Bonnet Creek Resort & Spa in Orlando, Florida. Previously he worked at hotels in Puerto Rico. Basu worked in managerial positions at the Ritz-Carlton San Juan for 10 years, including holding the position of executive assistant manager of rooms and F&B. He also worked at Marriott International and St. Regis Bahia Beach, all in San Juan, Puerto Rico.

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Tag: Sam-Basu,Asian-Hospitality,JW-Marriott-Orlando,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

MARK SERGOT IS IHG’S NEW VP FOR GLOBAL SALES AND ENABLEMENT

Posted by 20 days ago (https://www.asianhospitality.com/sergot-is-ihgs-new-vp-for-global-sales-and-enablement/)

Description: Mark Sergot is InterContinental Hotels Group’s new vice president for global sales operations and enablement. Previously he was chief sales officer for Associated Luxury Hotels International. Sergot spent 16 years at FRHI Hotels & Resorts, the parent company of the Fairmont, Raffles & Swissotel brands. He became FRHI’s senior vice president for its global sales organization.

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Tag: Mark-Sergot,Asian-Hospitality,InterContinental-Hotels-Group,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

Vision Hospitality hosts 25th anniversary gala in hometown

Posted by 21 days ago (https://www.asianhospitality.com/vision-hosts-25th-anniversary-gala-in-hometown-of-chattanooga-tn/)

Description: WITH THE TENNESSEE River winding through downtown Chattanooga, Tennessee, as a backdrop, Mitch Patel, president and CEO of Vision Hospitality Group, welcomed nearly 300 guests to a formal gala recognizing his company’s 25th anniversary on Thursday. Among the guests were local officials, brand leaders, some of Patel’s fellow hoteliers and the VHG employees who he said made it all possible.

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Tag: Vision-Hospitality-Group,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

STR: U.S. hotel performance drops in Easter week

Posted by 21 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-drops-in-easter-week/)

Description: Occupancy was 62 percent for the week ending April 16, down from 66.4 percent the week before and down 5.6 percent from 2019. ADR was $147.25 for the week, down from $150.45 the week before and up 14.4 percent from 2019. RevPAR reached $91.25 during the week, down from $99.93 the week before and up 8 percent from three years ago. Among STR’s top 25 markets, Tampa saw the highest occupancy increase over 2019, up 3.2 percent to 76.6 percent.

Category:

Tag: U.S-HOTEL-PERFORMANCE,Asian-Hospitality,U.S-hotel-news,Hotel-industry-news-trends,Future-trends-in-hotel-industry,u.s-hotel-market-report-2022

STR: U.S. hotel performance drops in Easter week

Posted by 21 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-drops-in-easter-week/)

Description: Occupancy was 62 percent for the week ending April 16, down from 66.4 percent the week before and down 5.6 percent from 2019. ADR was $147.25 for the week, down from $150.45 the week before and up 14.4 percent from 2019. RevPAR reached $91.25 during the week, down from $99.93 the week before and up 8 percent from three years ago. Among STR’s top 25 markets, Tampa saw the highest occupancy increase over 2019, up 3.2 percent to 76.6 percent.

Category:

Tag: U.S-HOTEL-PERFORMANCE,Asian-Hospitality,U.S-hotel-news,Hotel-industry-news-trends,Future-trends-in-hotel-industry,u.s-hotel-market-report-2022

Report: Business travel revenue to drop $20 billion in 2022

Posted by 23 days ago (https://www.asianhospitality.com/report-business-travel-revenue-to-drop-20-billion-this-year-compared-to-2019/)

Description: THE BUSINESS TRAVEL revenue of U.S. hotels is expected to drop $20 billion this year, down 23 percent when compared to 2019, according to the American Hotel & Lodging Association and Kalibri Labs. It is already reported that hotels lost an estimated $108 billion in business travel revenue during 2020 and 2021 combined. The report said that business travel revenue, the largest source of revenue in hotel industry, will take significantly longer to recover. However, leisure travel is expected to return to pre-pandemic levels this year, the report added.

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Tag: Business-travel-revenue,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

HotStats: GOPPAR tracking allows owners to drive profits

Posted by 23 days ago (https://www.asianhospitality.com/hotstats-goppar-tracking-allows-hoteliers-to-drive-profitability/)

Description: MONITORING GOPPAR PERFORMANCE allows hoteliers to make smart decisions about running their business as they consider all revenue streams and cost variables, according to HotStats. The focus should be on maximizing profit rather than just increasing revenue.

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Tag: HotStats-report,U.S-hotels-April,GOPPAR-index,U.S-hotel-occupancy,Asian-Hospitality,U.S-hotel-performance

STUDIO 6 OPENS IN KATY, TEXAS - Asian Hospitality

Posted by 24 days ago (https://www.asianhospitality.com/studio-6-opens-in-katy-texas/)

Description: Studio 6 Katy, Texas, a new-build extended-stay hotel, is now open in the Houston suburb. It is owned by Sharin Patel and Ripan Modi. The 63-suite hotel was built under the new design parent company G6 Hospitality introduced last year. Nearby attractions include Rhodes Stadium and Legacy Stadium, Nelson Water Gardens and Nursery and Typhoon Texas Waterpark. The hotel also is pet friendly, and G6’s recently implemented “Clean@6” cleaning and safety protocols are in effect at the new property.

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Tag: STUDIO-6,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

RESIDENCE INN OPENS IN MIDLOTHIAN, VIRGINIA

Posted by 24 days ago (https://www.asianhospitality.com/residence-inn-opens-in-midlothian-virginia/)

Description: The Residence Inn by Marriott Richmond West is open in Midlothian, Virginia. It is owned by Shamin Hotels, led by CEO Neil Amin in Chester, Virginia. The 111-suite extended=stay hotel is near Johnston-Willis Hospital and 20 minutes from downtown Richmond. Other nearby attractions are Richmond Ice Zone, Huguenot Park, Chesterfield Towne Center and River City Sportsplex. The pet-friendly hotel’s amenities include a meeting room, an indoor swimming pool and a fitness center.

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Tag: RESIDENCE-INN,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

DELTA HOTELS OPENS IN INDIANAPOLIS - ASIAN HOSPITALITY

Posted by 25 days ago (https://www.asianhospitality.com/delta-hotels-opens-in-indianapolis/)

Description: Delta Hotels by Marriott Indianapolis Airport is open in Indianapolis. The hotel is owned by Blue Sky Hospitality Solutions led by President and CEO Naveen Shah. The 240-room hotel is near Indianapolis International Airport and eight miles from downtown Indianapolis. Other nearby attractions include Lucas Oil Stadium, The Indianapolis Zoo, the Indianapolis Children’s Museum, Eli Lilly, Rolls Royce, Indiana University and Purdue University. The hotel has 5,193 square feet of meeting space, including a 4,370-square-foot ballroom and two smaller boardrooms.

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Tag: Delta-Hotels,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

ALIS : NEW BRAND, PROTOTYPE LAUNCHED AT - ASIAN HOSPITALITY

Posted by 25 days ago (https://www.asianhospitality.com/new-brand-prototype-launched-at-alis/)

Description: CHOICE HOTELS INTERNATIONAL and Wyndham Hotels & Resorts announced the launch of a new brand and a new prototype respectively during the Americas Lodging Investment Summit in Los Angeles this week. Choice bills its Everhome Suites as a new-construction midscale extended-stay brand while Wyndham’s Arbor new-build prototype for its Wyndham Garden brand focuses on reducing construction costs.

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Tag: CHOICE-HOTELS-INTERNATIONAL,Wyndham-Hotels-&-Resorts,ALIS,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

Red Roof donates $10,000 to fight human trafficking

Posted by 26 days ago (https://www.asianhospitality.com/red-roof-donates-10000-to-fight-human-trafficking/)

Description: RED ROOF IS putting its money to good use, fighting human trafficking in cooperation with anti-child trafficking and exploitation organization ECPAT-USA. The hotel company and the not-for-profit kicked off their new partnership with a $10,000 check presentation at the AAHOA 2022 Annual Conference & Trade Show last week.

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Tag: Red-Roof-donation,Asian-Hospitality,check-for-$10000-to-anti-child-trafficking,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

FEDERAL MASK MANDATE FOR TRANSPORTATION SYSTEMS LIFTED

Posted by 26 days ago (https://www.asianhospitality.com/federal-mask-mandate-for-transportation-systems-lifted/)

Description: A FEDERAL JUDGE in Florida has accomplished what travel and hospitality organizations have been advocating for months: ending a government mask mandate on airplanes and other forms of transportation. While the government had planned to keep the mandates in place until at least May, critics, including the U.S. Travel Association, said it had outlived its usefulness and a recent survey found most travelers agree.

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Tag: Federal-mask-mandate-update-2022,Asian-Hospitality,Airline-mask-mandate-end-date,Federal-mask-mandate-end-date

AIDEN OPENS IN WARM SPRINGS, GEORGIA - ASIAN HOSPITALITY

Posted by 27 days ago (https://www.asianhospitality.com/aiden-opens-in-warm-springs-georgia/)

Description: Aiden by Best Western @ Warm Springs Hotel and Event Center is now open in Warm Springs, Georgia. The 50-acre mountain-top resort is owned by Kathy Patel. The 52-room hotel is one hour away from south of Atlanta. Nearby are the Little White House of President Franklin Roosevelt and F.D. Roosevelt State Park, the Wild Animal Safari and Full Circle Animal Sanctuary, Great Wolf Lodge, Warm Springs Vineyard and Winery and Fitzgerald Fruit Farms.

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Tag: AIDEN,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

RED ROOF PLUS OPENS IN GALVESTON, TEXAS - ASIAN HOSPITALITY

Posted by 27 days ago (https://www.asianhospitality.com/red-roof-plus-opens-in-galveston-texas/)

Description: Red Roof PLUS+ Galveston Beachfront is now open in Galveston, Texas. The beachside hotel, a former Travelodge by Wyndham, recently underwent a $1.1 million renovation. Wayside Investment Group, led by President Miraj Patel, owns the 66-room hotel. Nearby attractions include Galveston Island Historic Pleasure Pier, The Spot restaurant, Galveston Beach, Schlitterbahn Waterpark Galveston and Moody Gardens. Amenities include a swimming pool.

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Tag: RED-ROOF-PLUS,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-news

New AAHOA chairmanship begins during AAHOACON 2022

Posted by 28 days ago (https://www.asianhospitality.com/new-aahoa-chairmanship-begins-during-aahoacon2022/)

Description: NISHANT “NEAL” PATEL assumed the chairmanship of AAHOA Friday as the culmination of the association’s 2022 Convention & Trade Show in Baltimore, Maryland. More than 5,000 people attended the show, during which new officers also were elected, certain members were recognized for their service and face-to-face networking came back into style.

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Tag: AAHOACON-2022,Asian-Hospitality,AAHOA-2022-Convention-and-Trade-Show,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

STR:Second week of April brings rise in U.S. hotels metrics

Posted by 28 days ago (https://www.asianhospitality.com/str-second-week-of-april-brings-rise-in-u-s-hotels-performance/)

Description: BUSINESS CONTINUED TO improve in the second week of April for U.S. hotels, according to STR. Occupancy, ADR and RevPAR all rose on a weekly basis, and the last two were up compared to the same time in 2019.

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Tag: U.S-hotels-metrics-apr,Asian-Hospitality,STR-report,U.S-hotel-occupancy,U.S-hotel-performance

84 percent of business travelers going to event in 6 months

Posted by 30 days ago (https://www.asianhospitality.com/survey-84-percent-of-business-travelers-expect-to-attend-an-event-in-six-months/)

Description: AS MANY AS 84 percent of business travelers in the U.S. expect to take at least one trip to attend conferences, conventions or trade shows in the next six months, according to a survey from the U.S. Travel Association. They also expect to resume traveling at a slightly slower pace, about 1.6 trips per month, compared to 1.7 monthly trips pre-pandemic.

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Tag: business-travelers-USA,Asian-hospitality,hotel-and-hospitality-industry-news,hotel-and-hospitality-news,Hotel-industry-news-USA,Business-Travel-Index

HAMPTON INN OPENS IN BLUE RIDGE, GA

Posted by 1 days ago (https://www.asianhospitality.com/hampton-inn-opens-in-blue-ridge-ga/)

Description: The Hampton Inn by Hilton Blue Ridge in Blue Ridge, Georgia, is now open. It is owned by Vision Hospitality Group led by Mitch Patel as president and CEO. The 109-room hotel is in the foothills of the Blue Ridge Mountains near local breweries, wineries, eateries and specialty retail shops in the town’s Historic District. Also nearby are more than 300 miles of trails, horseback riding and the Blue Ridge Scenic Railway.

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Tag: HAMPTON-INN,Asian-Hospitality,hotel-and-hospitality-industry-news,hotel-and-hospitality-news,Best-Western,Hotel-industry-news-USA

Fairfield Inn opens in Oklahoma City, Oklahoma - Asian Hospitality

Posted by 1 days ago (https://www.asianhospitality.com/fairfield-inn-opens-in-oklahoma-city-oklahoma/)

Description: Fairfield Inn & Suites Oklahoma City Downtown is now open in Oklahoma City, Oklahoma. The Marriott International franchise is owned and managed by Tulsa, Oklahoma-based Anish Hotels Group under its founder, President and CEO Andy Patel.

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Tag: FAIRFIELD,Asian-Hospitality,hotel-and-hospitality-news,Best-Western,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

SURESTAY BY BEST WESTERN OPENS IN FLORESVILLE, TEXAS

Posted by 2 days ago (https://www.asianhospitality.com/surestay-by-best-western-opens-in-floresville-texas/)

Description: The SureStay Hotel by Best Western Floresville is now open in Floresville, Texas. It is owned by Niraj Patel. The 42-room hotel is near Cycle Ranch motocross venue and the Floresville Event Center. Also nearby are The Alamo, San Antonio River Walk, Sea World San Antonio and Six Flags Fiesta Texas, along with Marathon Oil Company, Holland Energy, Cajun Well Services Inc., Schoeffler Energy Group Inc. and Key Energy Services.

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Tag: SURESTAY,Asian-Hospitality,hotel-and-hospitality-news,Best-Western,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

Urban Park Hotels launches new economy conversion brand

Posted by 2 days ago (https://www.asianhospitality.com/urban-park-hotels-launches-new-brand/)

Description: URBAN PARK HOTELS just launched a new flag brand, Urban Park Motel. It is an economy conversion brand intended specifically for small motel owners. Founded in 2020 by long-time hoteliers Jay Patel and John Parkin, Urban Park Hotels is designed to attract hoteliers away from larger franchises with simplified standards and lower fees using membership over franchising. The new brand, which joins existing brands Urban Park Hotel & Suites and Urban Park Hotel Express, follows that same philosophy.

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Tag: Urban-Park-Hotels,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-USA

AAHOACON 2022 gets under way in Baltimore, Maryland

Posted by 3 days ago (https://www.asianhospitality.com/aahoacon-2022-gets-under-way-in-baltimore-md/)

Description: IT’S TIME FOR AAHOA’S 2022 Convention and Trade Show in Baltimore, Maryland. More than 5,200 members are expected attend the show Tuesday to Friday at the Baltimore Conference Center

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Tag: AAHOACON-2022,Asian-Hospitality,AAHOA-2022-Convention-and-Trade-Show,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

Baird/STR Hotel Stock index up 2.2 percent in March

Posted by 3 days ago (https://www.asianhospitality.com/baird-str-hotel-stock-index-up-2-2-percent-in-march/)

Description: THE BAIRD/STR Hotel Stock Index rose in March, continuing a trend from the previous month. Still, continued growth remains at risk by factors such as inflation and political unrest.

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Tag: Baird/STR-Hotel-Stock,Asian-Hospitality,U.S-hotel-performance,STR-report,STR-forecast-2022,baird/str-hotel-stock-index

STR: U.S. hotel performance dips in first week of April

Posted by 4 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-dips-in-first-week-of-april/)

Description: A SLIGHT DROP was witnessed in U.S. hotel performance in the first week of April from the week before due to a continuing slump in Spring Break travel, according to STR. Little movement was seen in the top 25 markets as well.

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Tag: U.S-hotel-occupancy,Asian-Hospitality,U.S-hotel-performance,STR-report,STR-forecast-2022,baird/str-hotel-stock-index

Peachtree Hotel Group inducts new faces in management team

Posted by 4 days ago (https://www.asianhospitality.com/peachtree-hotel-group-inducts-new-faces-into-management-team/)

Description: PEACHTREE HOTEL GROUP and its affiliates added five executives to its management teams. These new appointments aim to strengthen the company’s ability to support strategic growth objectives to scale its investment platform and further diversify allocation strategies, the company said in a statement.

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Tag: Peachtree-Hotel-Group,Asian-hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

EV Hotels enters metaverse with new partnership

Posted by 6 days ago (https://www.asianhospitality.com/ev-hotels-enters-metaverse-with-new-partnership/)

Description: EV HOTELS, A new technology-centric hotel brand founded by Ken Patel, is entering the “metaverse” by way of a partnership with “metavestor” club BAPESWORLD. Patel said his will be the first hotel company to play in the still fluidly defined metaverse, essentially a combination of online gaming, virtual reality, cyber meeting spaces and ecommerce.

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Tag: EV-Hotels,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

About Us - Asian Hospitality | Monthly News Magazine

Posted by 7 days ago (https://www.asianhospitality.com/about-us/)

Description: ASIAN HOSPITALITY IS A B2B NEWS MAGAZINE AND WEBSITE THAT COVERS THE U.S. HOTEL INDUSTRY. OUR NICHE READERSHIP AND TARGET MARKET ARE INDIAN AMERICAN HOTELIERS, WHO OWN MORE THAN HALF OF THE HOTELS IN AMERICA. THE COMMUNITY OF HOTELIERS IS AMONG THE MOST AFFLUENT GROUP BUSINESS OWNERS IN THE U.S., WITH AN ESTIMATED $35 BILLION IN BUYING POWER.

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Tag: ASIAN-HOSPITALITY,monthly-news-magazine-USA,North-America-biggest-selling-bi-lingual-Asian-magazine,U.S-hospitality-industry

Report: ADR for U.S extended-stay hotels hit record in Feb

Posted by 7 days ago (https://www.asianhospitality.com/report-adr-growth-for-u-s-extended-stay-hotels-hit-record-in-february/)

Description: ADR GROWTH FOR U.S. extended-stay hotels reached a record high in February, according to hotel investment advisors The Highland Group. Owing to this, the segment saw record high demand and monthly RevPAR up by more than 40 percent during the month compared to a year ago. During the month, occupancy growth was also significant with extended-stay hotel’s occupancy premium compared to the overall hotel industry staying well above its long-term average.

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Tag: U.S-extended-stay-hotels,Asian-Hospitality,Hotel-occupancy-rates-2021,STR-report,STR-U.S-hotel-forecast,ADR-report,str-report

TRU BY HILTON OPENS IN MOBILE, ALABAMA - Asian Hospitality

Posted by 8 days ago (https://www.asianhospitality.com/tru-by-hilton-opens-in-mobile-alabama/)

Description: Tru by Hilton in Mobile, Alabama, is now open. It is owned by the newly formed Wealth Hospitality Group in Ridgeland, Mississippi, led by co-founder Chico Patel, and managed by Integral Hospitality Solutions of Birmingham, Alabama. The 90-room hotel is near Hank Aaron Stadium, with other nearby attractions being Dauphin Street, the Gulf Quest National Maritime Museum and the USS Alabama battleship. It has access to Interstates 65 and 10.

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Tag: TRU-BY-HILTON,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

AAHOA releases updated 12 Points of Fair Franchising guide

Posted by 8 days ago (https://www.asianhospitality.com/aahoa-releases-12-points-of-fair-franchising-guide/)

Description: AAHOA RELEASED ITS updated resource guide for member franchisees. The updates reflect the current business landscape and the long-term, mutually beneficial relationship between industry franchisors and franchisees.

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Tag: AAHOA,Asian-hospitality,AAHOA-magazine,hotel-and-hospitality-news,hospitality-news-USA,hospitality-industry,12-POINTS-OF-FAIR-FRANCHISING-GUIDE

Hihotels works with Priceline’s Getaroom reservation system

Posted by 9 days ago (https://www.asianhospitality.com/hihotels-partners-with-pricelines-getaroom-reservation-system/)

Description: HOTEL BRAND HIHOTELS by Hospitality International has partnered with Getaroom, a hotel distribution platform within OTA Priceline. The arrangement is expected to increase hihotels reservations capability through adding Getaroom’s website and call center. The benefits for hihotels’ five brands, Red Carpet Inn, Scottish Inns, Master Hosts Inns, Downtowner Inns and Passport Inn, include stronger distribution, access to more incremental guests and increased revenue, according to Hospitality International.

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Tag: Hihotels,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

Holiday Inn & Suites opens on perimeter in Atlanta

Posted by 9 days ago (https://www.asianhospitality.com/holiday-inn-suites-opens-on-perimeter-in-atlanta/)

Description: The Holiday Inn & Suites Atlanta Perimeter-Dunwoody opened March 24 with a ribbon cutting in Chamblee, Georgia. It is owned by Atlanta Hospitality Investment LLC, led by Mohammad Hossain as managing member, and operated by YM Hospitality led by Jay Patel as chairman and Nick Patel as CEO in Stockbridge, Georgia.

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Tag: Holiday-Inn-&-Suites,Asian-Hospitality,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

STR: U.S. hotels profits recovering from Omicron dip

Posted by 10 days ago (https://www.asianhospitality.com/str-u-s-hotels-profits-recovering-from-omicron-dip/)

Description: THE OMICRON VARIANT of COVID-19 has come and, for now, gone, and U.S. hotels are recovering quickly according to STR. The recovery does come after a slight dip in GOPPAR. That dip was a $20 decline in January, but GOPPAR rose to $58.88 in February, the highest since October, according to STR’s P&L report for the month. TRevPAR for the month was $169.77, EBITDA PAR was $39.29 and labor costs were $56.63. All also were increases over January. In 2021, U.S. hotel profits reached 52 percent of pre-pandemic levels, according to STR.

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Tag: str-report,U.S-hotel-news,Hotel-news-today,U.S-hotel-market-report-2022,Asian-Hospitality

OYO, Wyndham launch projects to support Ukraine

Posted by 10 days ago (https://www.asianhospitality.com/oyo-wyndham-launch-projects-to-support-ukraine/)

Description: HOSPITALITY FIRMS OYO ROOMS and Wyndham Hotels and Resorts recently joined relief efforts in Ukraine. OYO is offering free accommodation to refugees fleeing the war-torn country and Wyndham made a cash donation to a charity supporting child victims of the war. OYO appealed to more than 600 Belvilla home-owners on its platform in Poland, to open their holiday homes to refugees, it said in a statement.

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Tag: OYO,Wyndham,Asian-hospitality,hotel-and-hospitality-news,hospitality-news-USA

USTA urges removal of pandemic-era restrictions

Posted by 13 days ago (https://www.asianhospitality.com/usta-urges-removal-of-pandemic-era-restrictions/)

Description: THE U.S. TRAVEL ASSOCIATION wants the federal government to replace pandemic-era restrictions with endemic-focused policies to enable full and free travel. That was one of several subjects Roger Dow, USTA’s outgoing president and CEO, discussed at the Hunter Hotel Conference in Atlanta in March. In a letter to incoming White House COVID-19 Response Coordinator Ashish Jha, USTA asked to immediately remove the pre-departure testing requirement for all fully vaccinated inbound international arrivals.

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Tag: USTA,Asian-Hospitality,U.S-TRAVEL-ASSOCIATION,hotel-and-hospitality-news,hospitality-news-USA

Stonehill ranked as 10th largest U.S. hotel lender by MBA

Posted by 14 days ago (https://www.asianhospitality.com/stonehill-ranked-as-10th-largest-u-s-hotel-lender-by-mba/)

Description: COMMERCIAL REAL ESTATE lender Stonehill is ranked as the 10th largest U.S. commercial real estate hotel lender by origination volume based on the 2021 Mortgage Bankers Association loan origination rankings. The ranking comes after the company originated $822 million in loans across 30 transactions in 2021 with an average transaction size of $27.4 million.

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Tag: Stonehill,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-industry-news,U.S-hotel-lender

HotStats: U.S. hotels' February GOPPAR highest since Oct

Posted by 15 days ago (https://www.asianhospitality.com/hotstats-u-s-hotels-goppar-in-february-highest-since-october/)

Description: GOPPAR OF U.S. hotels hit $65.98 in February, its highest point since October last year and more than $40 more than in January, but down from $90 in February 2019, according to HotStats. However, a rise in expenses could derail a profit rebound, the data analyzing firm said.

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Tag: HotStats-report,U.S-hotels-February,GOPPAR,U.S-hotel-occupancy,Asian-Hospitality,U.S-hotel-performance

Auro Hotels acquires Residence Inn in Atlanta

Posted by 16 days ago (https://www.asianhospitality.com/auro-hotels-acquires-residence-inn-in-atlanta/)

Description: AURO HOTELS RECENTLY ACQUAIRED the Residence Inn by Marriott Atlanta Buckhead/Lenox Park. Hunter Hotel Advisors helped broker the deal, which it said is another example of the strength of the extended-stay segment that has been seeing increased interest from major hotel companies such as Wyndham Hotels & Resorts. The 150-room Residence Inn is in Atlanta’s upscale Buckhead neighborhood near shopping and dining outlets, such as Lenox Square Mall and Phipps Plaza, according to Hunter. Also, the hotel is across from AT&T corporate offices.

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Tag: Auro-Hotels,Asian-hospitality,Hotel-industry-news-USA,hotel-and-hospitality-industry-news,Residence-Inn-in-Atlanta 

Survey: Most workers want to bring back business travel

Posted by 17 days ago (https://www.asianhospitality.com/survey-most-travelers-and-workers-want-to-bring-back-business-travel/)

Description: TRAVELERS AS WELL as hoteliers are ready for business travel to get back to normal, according to the American Hotel & Lodging Association. Nearly two-thirds of business travelers feel that the increased reliance on virtual work during COVID-19 is negatively impacting both productivity and workplace culture.

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Tag: AHLA-survey,Asian-hospitality,business-travel-USA,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

Spring break boosts U.S. hotels in the third week of March

Posted by 18 days ago (https://www.asianhospitality.com/str-spring-break-boosts-u-s-hotels-in-the-third-week-of-march/)

Description: SPRING BREAK TRAVEL helped U.S. hotel performance to rise in the third week of March from the week before, according to STR. Occupancy for the week was the highest since the week ending Aug. 7, 2021, and ADR was the second highest on record.

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Tag: U.S-hotel-occupancy,Asian-Hospitality,U.S-hotel-performance,STR-report,STR-forecast-2021,baird/str-hotel-stock-index

SURESTAY OPENS IN FORT PIERCE, FLORIDA - Asian Hospitality

Posted by 20 days ago (https://www.asianhospitality.com/surestay-opens-in-fort-pierce-florida/)

Description: SureStay Hotel by Best Western Fort Pierce is open in Fort Pierce, Florida, after a renovation. It is owned by the Satya Group led by Sachit Patel as president. The 72-room hotel is near Heathcote Botanical Gardens, Fort Pierce Beach and St. Lucie County Aquarium. Amenities include an outdoor pool with hot tub. The renovation included all-new flat-screen televisions, bedding, furniture, carpet, and lighting fixtures.

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Tag: SURESTAY,Asian-Hospitality,hotel-and-hospitality-news,Best-Western,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

Castell Project now part of the AHLA Foundation post merger

Posted by 20 days ago (https://www.asianhospitality.com/castell-project-ahla-foundation-announce-merger/)

Description: THE CHARITY WING of American Hotel & Lodging Association, the AHLA Foundation, announced merger with the Castell Project to strengthen and accelerate the industry’s commitment to elevate women in hospitality. Castell Project is a nonprofit dedicated to the advancement of women to the highest levels within the hospitality industry.

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Tag: CASTELL-PROJECT,Asian-Hospitality,AHLA-FOUNDATION,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

Peachtree Hotel Group acquires seven new hotels

Posted by 22 days ago (https://www.asianhospitality.com/peachtree-hotel-group-acquires-seven-new-hotels/)

Description: PEACHTREE HOTEL GROUP added seven hotels to its portfolio this week for $135 million. Three of the hotels also are part of Peachtree’s third investment partnerships with San Mateo, California-based Verakin Capital led by partners Rupesh and Bimal Patel and Hiten Suraj. The new acquisitions include 829 rooms and are in five different states, according to Peachtree and its management division Peachtree Hospitality Management, which will operate all seven hotels.

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Tag: Peachtree-Hotel-Group,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

STR: February ADR for U.S. hotels highest since August 2021

Posted by 22 days ago (https://www.asianhospitality.com/str-adr-for-u-s-hotels-highest-in-february-since-august-2021/)

Description: ADR FOR U.S. hotels was the highest in February for any month since August 2021, according to STR. The U.S. hotel industry reported higher performance during the month from the month before.

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Tag: U.S-hotel-occupancy,February-ADR-for-U.S-hotels,Asian-Hospitality,U.S-hotel-performance,STR-report,STR-forecast-2021

TRU BY HILTON OPENS IN MOORESVILLE, NC - Asian Hospitality

Posted by 24 days ago (https://www.asianhospitality.com/tru-by-hilton-opens-in-mooresville-nc/)

Description: The Tru by Hilton Mooresville in Mooresville, North Carolina, is now open. It is managed by Maya Hotels led by co-founders J.D. Deva and Baldev Thakor. The 120-room hotel is in the Langtree Lake Norman mixed-use development in Mooresville. It is near to Lake Norman and Langtree Plantation. Amenities include mobile check-in and a fitness center. The hotel is pet friendly.

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Tag: TRU-BY-HILTON,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

TOWNPLACE SUITES TO OPEN IN AMARILLO, TEXAS

Posted by 24 days ago (https://www.asianhospitality.com/townplace-suites-to-open-in-amarillo-texas/)

Description: The TownePlace Suites by Marriott Amarillo West/Medical Center is scheduled to open in Amarillo, Texas, on July 30. It is owned and managed by Ram Hotels led by Kush Nathu, operations manager.

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Tag: TOWNPLACE-SUITES,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hotel-and-hospitality-industry-news

CBRE forecasts RevPAR to regain 2019 levels by 3rd quarter

Posted by 25 days ago (https://www.asianhospitality.com/cbre-now-forecasts-revpar-will-regain-2019-levels-by-third-quarter/)

Description: A STRONGER THAN expected performance by U.S. hotels in the fourth quarter of 2021 led CBRE Hotels Research to upgrade its forecast for the rest of 2022. CBRE now forecasts RevPAR will reach 2019 nominal levels by the third quarter of this year, one year earlier than the previous forecast. Occupancy is expected to rise 6.7 percent to 61.3 percent this year, then rise 5.2 percent to 64.4 percent in 2023. ADR is forecast to rise 10.1 percent to $133.94 in 2022 and go up 6 percent more to $141.99 in 2023. CBRE expects RevPAR to rise 17.5 percent in 2022 overall to $82.04 and then rise 11.5 percent to $91.46 in 2023.

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Tag: CBRE-forecasts,Asian-Hospitality,CBRE-Hotels-Research,U.S-hotel-occupancy,Hotel-Industry-report-2022

STR: U.S. hotel performance up in the second week of March

Posted by 25 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-up-in-week-ending-march-12/)

Description: U.S. HOTEL PERFORMANCE was up in the second week of March from the week before, according to STR. ADR was up during the week compared to two years ago. Occupancy was 63.2 percent for the week ending March 12, up from 61.2 percent the week before and down 9.8 percent for the same period in 2019. ADR was $144.68 for the week, increased from $137.96 the week before and up7.7 percent from two years ago.

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Tag: U.S-hotel-performance-March,str-report,Asian-Hospitality,U.S-hotel-occupancy,RevPAR,STR-forecast-2021,baird/str-hotel-stock-index

Marriott,Hyatt stop Russia operations over Ukraine invasion

Posted by 27 days ago (https://www.asianhospitality.com/marriott-hyatt-stop-operations-in-russia-over-ukraine-invasion/)

Description: MAJOR U.S. HOTELS firms Marriott Hotels & Resorts and Hyatt Hotels Corp. announced that they are ceasing operations in Russia due to its ongoing invasion in Ukraine. Also, AAHOA issued a statement condemning the war.

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Tag: Marriott-Hotels-&-Resorts,Hyatt-Hotels,Asian-Hospitality,hospitality-industry,hotel-and-hospitality-news-USA,Hotel-industry-news-USA

Hotels priority remote sales training for labor shortage

Posted by 27 days ago (https://www.asianhospitality.com/consultant-hotels-prioritizing-remote-sales-and-training-to-address-labor-shortage/)

Description: REMOTE SALES AND training appear to be surging in popularity among hotels, according to training consulting firm Gillis Sales. The firm reported $23 million in revenue from hospitality clients in 2021 and a 40 percent since the beginning of the pandemic.

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Tag: hotels-remote-sales,Asian-Hospitality,hospitality-news-USA,hotel-and-hospitality-news-USA,Hotel-industry-news-USA

Maya Hotels holds ribbon cutting for NC Tru - Asian Hospitality

Posted by 28 days ago (https://www.asianhospitality.com/maya-hotels-holds-ribbon-cutting-for-nc-tru/)

Description: MAYA HOTELS HELD grand opening for its Tru by Hilton Mooresville in Mooresville, North Carolina. Maya Hotels is led by co-founders J.D. Deva and Baldev Thakor.

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Tag: MAYA-HOTELS,Asian-Hospitality,hospitality-news-USA,hotel-and-hospitality-news-USA

CHOICE ’S UPSCALE CAMBRIA GOES TO THE SHORE

Posted by 29 days ago (https://www.asianhospitality.com/choices-upscale-cambria-goes-to-the-shore/)

Description: DRIVE-TO DESTINATIONS, such as beach towns, have seen steadily rising occupancy this summer as people seek to escape the restrictions of life in the COVID-19 pandemic. That is driving a wave of developments of Choice Hotels International’s upscale Cambria brand around the country, including Cambria Hotel Ocean City – Bayfront in Ocean City, Maryland, developed by Mihir Wankawala of The Wankawala Organization.

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Tag: Cambria-Hotel,Asian-Hospitality,Choice-Hotels-International,hospitality-news-USA,hotel-and-hospitality-news-USA

SPRINGHILL SUITES OPENS IN LAKEWAY, TEXAS

Posted by 29 days ago (https://www.asianhospitality.com/springhill-suites-opens-in-lakeway-texas/)

Description: The SpringHill Suites Austin West/Lakeway in Lakeway, Texas, is scheduled to open Aug. 28. It is owned by Lakeway Joint Venture, managed by Sunil Patel, and managed by Esperanto Developments of El Paso, Texas, led by Madhi Nair, president and CEO.

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Tag: SPRINGHILL-SUITES,Asian-Hospitality,hospitality-news-USA,hotel-and-hospitality-news-USA

Woman-led business provides affordable design work

Posted by 29 days ago (https://www.asianhospitality.com/woman-led-business-provides-affordable-design-work/)

Description: OWNERS OF ECONOMY brand hotels may not always think about improving the appeal of their properties, and up until now their options for interior design have been limited. Alpa Patel discovered those limitations and four years ago it inspired her to do something about it.

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Tag: Alpa-Patel,Asian-Hospitality,Woman-led-business,Hotel-industry-news-USA,hotel-and-hospitality-news-USA,hospitality-industry

GLOBAL CONSTRUCTION PIPELINE:U.S. DOMINATES

Posted by 30 days ago (https://www.asianhospitality.com/u-s-dominates-global-construction-pipeline/)

Description: THE U.S. TOPS the global hotel construction pipeline in terms of project count, according to Lodging Econometrics. Overall, the pipeline increased 5 percent by projects and 4 percent by rooms over the same time last year with several stages of the pipeline hitting peaks by project and rooms counts.

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Tag: GLOBAL-CONSTRUCTION-PIPELINE,Asian-Hospitality,global-hotel-construction-pipeline,Lodging-Econometrics,Hotel-industry-news-USA

J.P. Rama’s funeral procession shared in online video

Posted by 17 days ago (https://www.asianhospitality.com/j-p-ramas-funeral-procession-shared-in-online-video/)

Description: WITH A GRAND procession through the streets of his home village of Sarona, India, shared online in a video, Jayanti P. “J.P.” Rama left this world as a legend among his peers. The former AAHOA chairman and longtime hotelier left a legacy that will last for decades with the younger generation he mentored and inspired.

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Tag: J.P-Rama,Asian-hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA

Presidents’ Day weekend improves U.S. hotel performance

Posted by 18 days ago (https://www.asianhospitality.com/str-presidents-day-boosts-u-s-hotel-performance-in-week-of-feb-19/)

Description: U.S. HOTEL PERFORMANCE increased in the third week of February mainly due to Presidents’ Day weekend, according to STR. The data research firm also reported improvement for the week compared to 2019. Occupancy was 59.1 percent for the week ending Feb. 19, up from 54.6 percent the week before and down 8.4 percent for the same period in 2019. ADR was $140.11 for the week, increased from $133.72 the week before and up 8.4 percent from two years ago.

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Tag: U.S-HOTEL-PERFORMANCE,Asian-Hospitality,U.S-hotel-news,Hotel-industry-news-trends,Future-trends-in-hotel-industry,u.s-hotel-market-report-2022

Vision Hospitality opens The Grady after renovation - Asian Hospitality

Posted by 20 days ago (https://www.asianhospitality.com/vision-hospitality-opens-the-grady-after-renovation/)

Description: THE GRADY HOTEL is now open in Louisville, Kentucky, after an extensive renovation by owner Vision Hospitality Group of Chattanooga, Tennessee. It will be operated by Humanist Hospitality, a division of Vision. The 51-room luxury lifestyle Grady is Vision Hospitality’s most recent upscale property, such as the recently opened Kinley Chattanooga Southside in Chattanooga, Tennessee. Work began on the restoration in March 2020.

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Tag: VISION-HOSPITALITY,Asian-hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA

Lynch is new VP of revenue management at Blue Sky Hospitality - Asian Hospitality

Posted by 20 days ago (https://www.asianhospitality.com/lynch-is-new-vp-of-revenue-management-at-blue-sky-hospitality/)

Description: Amanda Lynch is the vice president of revenue management at Uniondale-based Blue Sky Hospitality. Michael Newman is the company’s new corporate director of sales and marketing.

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Tag: Amanda-Lynch,Asian-Hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA

More friends memorialize J.P. Rama - Asian Hospitality

Posted by 21 days ago (https://www.asianhospitality.com/more-friends-memorialize-j-p-rama/)

Description: AS THE FAMILY of Jayanti P. “J.P.” Rama, former AAHOA chairman and co-founder of co-founder of JHM Hotels, gathered for his funeral, tributes to him continued. The praise came from all levels of the industry as well as from personal associates and friends.

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Tag: J.P-Rama,Asian-hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA

Noble Group partners with Host Hotels & Resorts to explore new opportunities - Asian Hospitality

Posted by 22 days ago (https://www.asianhospitality.com/noble-group-partners-with-host-hotels-resorts-to-explore-new-opportunities/)

Description: REAL ESTATE INVESTMENT management firm Noble Investment Group partnered with Host Hotels & Resorts to tap and expand travel, leisure and hospitality opportunities, a statement said. As part of the initiative, Host will invest $150 million as a limited partner in an existing Noble investment vehicle and provide Noble with first-look at select-service and extended-stay hotel opportunities sourced through Host’s channels.

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Tag: NOBLE-GROUP,Asian-Hospitality,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA,hospitality-news-USA

HIE damaged by Hurricane Ida reopens near New Orleans, LA - Asian Hospitality

Posted by 23 days ago (https://www.asianhospitality.com/hie-damaged-by-hurricane-ida-reopens-near-new-orleans-la/)

Description: THE HOLIDAY INN Express in LaPlace, Louisiana, reopened on Jan. 17, after the owner, QHotels Management in LaPlace led by Vimal Patel, completed $5 million in repairs to damage form Hurricane Ida in September. The repairs were slowed by his insurance company’s failure to pay for the work in a timely manner, Patel said. The situation also is affecting Patel’s ability to repair and reopen other properties in the area.

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Tag: LaPlace-Hurricane-Ida-damage,Asian-Hospitality,holiday-inn-express-in-LaPlace,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA

Family, friends share tributes to J.P. Rama | Asian Hospitality

Posted by 24 days ago (https://www.asianhospitality.com/family-friends-share-tributes-to-j-p-rama/)

Description: -DURING HIS LIFE and career, Jayanti P. “J.P.” Rama touched a lot of lives and inspired people on all levels of the hospitality industry. Below are tributes from some of Rama’s many friends and colleagues, as well as two of his brothers, following his death on Thursday.

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Tag: J.P-Rama,Asian-hospitality,hospitality-industry,U.S-HOTEL-INDUSTRY,Hotel-industry-news-USA

Magnuson added 80 franchises in 2021 Independent Collection

Posted by 29 days ago (https://www.asianhospitality.com/magnuson-added-80-franchises-in-2021-for-its-independent-collection/)

Description: THE COVID-19 PANDEMIC did not slow Magnuson Hotels’ growth as it added 80 franchise agreements for its Independent Collection in the U.S. and United Kingdom in 2021. The company said its business model and focus on local markets and dynamic pricing helped it weather the storm. Magnuson is expecting continued strong performance in 2022 for the Independent Collection, which is made up of independent hotels receiving support from Magnuson. Occupancy for the collection rose 31.3 percent and RevPAR rose 43.5 percent over 2019 levels during 2021, according to a statement from the company. At the same time, according to data from STR, U.S. total occupancy for 2021 dropped 12.6 percent, ADR dropped 4.8 percent and RevPAR went down 16.8 percent.

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Tag: Asian-Hospitality,Magnuson,Magnuson-Independent-hotels,Magnuson-Hotels-news,U.S-HOTEL-INDUSTRY

Survey shows 88 percent jump in international travel

Posted by 30 days ago (https://www.asianhospitality.com/survey-international-travel-sees-88-percent-jump-since-2021/)

Description: NEARLY HALF OF travelers, or 49 percent, have already taken an international trip, according to a survey by travel risk and crisis response provider Global Rescue. That indicates an 88 percent jump in travel abroad since summer of 2021. The Winter 2022 Global Rescue Travel Safety and Sentiment survey has also revealed that domestically, 85 percent of respondents have already traveled, signaling an 18 percent increase during the period.

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Tag: INTERNATIONAL-TRAVEL,Asian-Hospitality,international-travel-survey,Global-travel-and-tourism-industry,International-travel-statistics

MAYA HOTELS OPENS ALOFT IN MOORESVILLE, NC

Posted by 30 days ago (https://www.asianhospitality.com/maya-hotels-opens-aloft-in-mooresville-nc/)

Description: The Aloft Mooresville is open in Mooresville, North Carolina. The boutique hotel is owned by Maya Hotels led by co-founders J.D. Deva and Baldev Thakor. The 128-room hotel is Maya Hotels’ fifth property in Mooresville in the last 25 years, including its Tru by Hilton Mooresville opened in August. It is part of the Langtree Lake Norman mixed-use development near Charlotte, North Carolina, with nearby attractions including Lake Norman and Langtree Plantation. Amenities include an indoor pool and a fitness center.

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Tag: MAYA HOTELS,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-INDUSTRY

International Women’s Day : Hotel companies to observe

Posted by 1 hours ago (https://www.asianhospitality.com/hotel-companies-to-observe-international-womens-day-march-8/)

Description: INTERNATIONAL WOMEN’S DAY is March 8, and hotel owners and large hospitality companies are taking time to make sure the women in the industry are reaching their full potential. Recent data shows women are improving their position in the industry, but more remains to be done. For California hotelier Sunil “Sunny” Tolani, that means giving female employees at his company, The Prince Organization, special training and time off for health care. For Tina Burnett, recently promoted chief development officer at G6 Hospitality, home company of Motel 6 and Studio 6 brands, it means making sure women are included in the same way as their male colleagues.

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Tag: Asian-Hospitality,International-Women’s-Day,women-hoteliers,Women-in-Hospitality-Industry,hospitality-news-USA,Hotel-industry-news-USA,U.S-HOTEL-INDUSTRY

PARK INN OPENS IN FLORENCE, SOUTH CAROLINA

Posted by 23 hours ago (https://www.asianhospitality.com/park-inn-opens-in-florence-south-carolina/)

Description: The Park Inn by Radisson Florence is open in Florence, South Carolina. It is owned and operated by Ankit Patel and is one of the first new-build Park Inns in the U.S. The 60-room hotel is six miles from Florence Regional Airport and near the city’s downtown. Nearby attractions include the Florence Center, Francis Marion University Beaver Creek Golf Club, Timrod Park, the Florence County Museum and Darlington Raceway. Amenities include an indoor pool, a patio with fire pit and a fitness center.

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Tag: Park-Inn,Asian-Hospitality,Radisson-Florence,hotel-and-hospitality-news,hospitality-news-USA,Hotel-industry-news-USA

U.S. occupancy breaks 50 percent first week of February

Posted by 1 days ago (https://www.asianhospitality.com/str-u-s-weekly-occupancy-eclipsed-50-percent-in-the-first-week-of-february/)

Description: IN THE FIRST week of February, U.S. weekly hotel occupancy eclipsed 50 percent for the first time in more than a month, according to STR. However, occupancy declined for the week under review when compared to the same period in 2019. Occupancy was 50.4 percent for the week ending Feb. 5, up from 49.7 percent the week before and down 15.8 percent from the comparable week in 2019. ADR was $125.06 for the week, up from $122.40 the week before and down just 1.2 percent from two years ago.

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Tag: U.S-occupancy,U.S-HOTEL-INDUSTRY,Asian-Hospitality,Hotel-Industry-report-2022,hotel-occupancy-rates-2022

Marriott and IHG get perfect score in equality index

Posted by 3 days ago (https://www.asianhospitality.com/marriott-and-ihg-get-perfect-score-in-equality-index/)

Description: MARRIOTT INTERNATIONAL and IHG Hotels & Resorts scored 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index. The CEI is a benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality in the U.S. The index rates companies on criteria falling under four central pillars. That includes non-discrimination policies across business entities, equitable benefits for LGBTQ workers and their families, supporting an inclusive culture and corporate social responsibility.

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Tag: MARRIOTT-AND-IHG,Asian-Hospitality,IHG-Hotels-&-Resorts,hotel-and-hospitality-news,hospitality-news-USA

Hospitality International hihotels announces award winners

Posted by 4 days ago (https://www.asianhospitality.com/hospitality-internationals-hihotels-announces-award-winners/)

Description: HIHOTELS BY HOSPITALITY International announced the winners of its 2021 awards. These awards recognized six properties and a vendor in meeting and exceeding the company’s standards of operations last year, the company said. “Last year was very challenging again for the hospitality industry, so it was truly inspiring to see so many of our franchisees show such tremendous resilience and determination to succeed. I’d like to commend every one of our award winners and nominees for going above and beyond and showing great pride in what they do,” said Chris Guimbellot, president and CEO at hihotels.

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Tag: Hospitality-International-hihotels Asian-Hospitality Asian-American hotel-and-hospitality-news hospitality-news-USA

USTA:Jobs report underscores hospitality need for federal aid

Posted by 5 days ago (https://www.asianhospitality.com/usta-jobs-report-underscores-hospitalitys-need-for-federal-aid/)

Description: THE U.S. TRAVEL Association is urging Congress to implement short-term priorities to stimulate leisure and hospitality sector as 61 percent or nearly two-thirds, of all jobs still lost due to the pandemic are in this segment. The revised job data from the Bureau of Labor Statistics for the past several months confirmed that 10 percent of leisure and hospitality jobs now remain lost.

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Tag: Asian-hospitality,USTA-report,hospitality-sector-jobs,Hospitality-industry-employment-Statistics,Leisure-and-hospitality-unemployment-rate

Report:U.S. extended-stay hotels on recovery path in Q4 '21

Posted by 10 days ago (https://www.asianhospitality.com/report-u-s-extended-stay-hotels-on-recovery-path-in-q4-2021/)

Description: DEMAND FOR U.S. extended-stay hotels in the fourth quarter of 2021 was more than five times greater than supply, resulting in overall occupancy just below its 2019 peak, according to the Highland Group. December’s monthly report from the group also showed the segment to be firmly in recovery. According to the research consulting firm’s “U.S. Extended-stay Hotels: Fourth quarter 2021” report, the bottom up recovery continues with economy and mid-price extended-stay hotels in the fourth quarter posting record nominal average rate and RevPAR.

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Tag: U.S-EXTENDED-STAY-HOTELS,Asian-Hospitality,Hotel-occupancy-rates-2022,STR-report,STR-U.S-hotel-forecast

TOWNEPLACE SUITES OPENS IN WOODBRIDGE, VA

Posted by 10 days ago (https://www.asianhospitality.com/towneplace-suites-opens-in-woodbridge-va/)

Description: The TownePlace Suites by Marriott Potomac Mills Woodbridge is open in Woodbridge, Virginia. It is owned by Mills Group LLC and managed by Marquee Hospitality LLC, which is led by Mike Patel as principal and chief operations officer and Nav Patel as Principal and chief financial officer.

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Tag: Asian-Hospitality,TOWNEPLACE-SUITES,hotel-and-hospitality-news,hospitality-news-USA,Woodbridge-hotel

NewcrestImage opens Canopy in Dallas - Asian Hospitality

Posted by 10 days ago (https://www.asianhospitality.com/newcrestimage-opens-canopy-in-dallas/)

Description: NEWCRESTIMAGE HAS OPENED its first Canopy by Hilton upscale hotel in north Dallas. The Canopy is part of Frisco Station, a four-brand, 600-room “lifestyle hotel campus” developed by the company. The 150-room, seven-floor Canopy joins the first two hotels, an AC Hotel and Residence Inn dual-brand with 150 rooms each that opened in 2019. The fourth hotel, a 150-room Hyatt Place, currently has no scheduled date for start of construction.

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Tag: Newcrestimage,Asian-Hospitality,hotel-and-hospitality-news,Canopy-hotels,hospitality-news-USA

AMERIVU CONVERTS FOUR MORE HOTELS - Asian Hospitality

Posted by 11 days ago (https://www.asianhospitality.com/amerivu-converts-four-more-hotels/)

Description: FOUR HOTELS HAVE converted to the AmeriVu brand founded in 2015 by Wisconsin hotelier Nick Rai. Amerivu is now part of Atlanta-based Hospitality Lodging Systems. The 51-room AmeriVu Inn & Suites in Cisago City, Minnesota, is a conversion from a Comfort Inn. Nearby attractions include Bloom Lake Barn wedding venue, Wild Mountain Ski Area, Trollhaugen Outdoor Recreation Area, Cedar Lake Speedway and Somerset Amphitheater. Amenities include an indoor heated pool with hot tub and is ADA accessible.

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Tag: AMERIVU,Asian-Hospitality,hospitality-industry-USA,Hotel-industry-news-USA

HAWKEYE HOTELS, JR HOSPITALITY OPEN TRIO OF HOTELS MILWAUKEE

Posted by 11 days ago (https://www.asianhospitality.com/hawkeye-hotels-jr-hospitality-open-trio-of-hotels-in-milwaukee/)

Description: HAWKEYE HOTELS IS making its premier in downtown Milwaukee with a dual brand Home2 Suites by Hilton and Tru by Hilton along with a neighboring Holiday Inn Express. The hotel campus will employ more than 100 workers and provide a total of 331 rooms. The 115-room Home2 Suites and 100-room Tru will occupy one of the two buildings in the campus with the 116-room Holiday Inn Express next door. Along with being the first properties Hawkeye Hotels has opened in the city’s downtown, each hotel is the first of its brand in that part of the city.

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Tag: HAWKEYE-HOTELS,Asian-Hospitality,hospitality-industry-USA,Hotel-industry-news-USA

SHaD starts 10-city tour to benefit women-led hotel projects

Posted by 12 days ago (https://www.asianhospitality.com/shad-starts-10-city-tour-to-raise-capital-for-women-led-hotel-projects/)

Description: REAL ESTATE INVESTMENT competition She Has a Deal (SHaD) started a 10-city tour of U.S. cities to raise equity capital under the name “SHaD Prosperity Fund I.” The funds will support women-led hotel projects, a statement said. The tour kicks off in Miami on Feb. 11 and will be open to small groups of qualified individual investors, family offices, small entities and trusts. Cities on the tour include Cleveland, Phoenix, Dallas, New York, Atlanta, Chicago, as well as Oakland, California; Louisville, Kentucky; and Washington, D.C. It will finish in the first week of April.

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Tag: She-Has-a-Deal-2021,SHAD,Asian-Hospitality,She-Has-a-Deal-hotel-pitch-competition,SHaD-Prosperity-Fund,hospitality-industry-USA

HVS: Near full recovery in RevPAR by the end of 2022

Posted by 12 days ago (https://www.asianhospitality.com/hvs-near-full-recovery-in-revpar-by-the-end-of-2022/)

Description: THE U.S. HOTEL industry will be well on the way to recovery in 2022, according to consulting firm HVS Americas. However, a full recovery in real terms, after adjusting for inflation, remains a few years away, it added. With more assets, both distressed and well performing, expected to come to market this year, 2022 will be an exciting year for the industry, said Rod Clough, president of HVS, in an article titled ‘ALIS 2022 Takeaways – Our Industry Braces for a Big Year Ahead’. A near full recovery in RevPAR at $85 for U.S. hotels is likely to happen by the end of 2022 when compared to $86 in 2018-19.

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Tag: Asian-Hospitality,U.S-HOTEL-industry,HVS-Americas,hospitality-industry-USA,Hotel-industry-forecast-2022,hvs-report-2022

Asian American Developer Building 2 Cambria Hotels,Tennessee

Posted by 13 days ago (https://www.asianhospitality.com/asian-american-developer-building-two-cambria-hotels-in-tennessee/)

Description: ANOTHER ASIAN AMERICAN developer has signed on to build two properties under Choice Hotels International’s upscale Cambria brand. VRL Hotels, led by Victor Patel as president, has signed on to build a Cambria in Gatlinburg and another in Pigeon Forge, Tennessee. The 140-room Cambria Hotel Gatlinburg hotel is expected to open in 2022. It will feature a rooftop bar and restaurant overlooking the tourist town in Great Smoky Mountains National Park. Local attractions include Ober Gatlinburg ski resort, the Gatlinburg SkyLift, which carries passengers 1,800 feet up to the top of Crockett Mountain, and the Gatlinburg Space Needle. Also nearby are Ripley’s Aquarium of the Smokies and Haunted Adventure, the Rocky Top Sports complex, several bourbon distilleries, breweries and wineries and the Gatlinburg Convention Center.

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Tag: Asian-American,Asian-Hospitality,Cambria-Hotels,Cambria-Hotel-Gatlinburg,hospitality-news-USA,hotel-and-hospitality-news-USA

Springhill Suites Opens In Carlsbad, California

Posted by 14 days ago (https://www.asianhospitality.com/springhill-suites-opens-in-carlsbad-california/)

Description: The SpringHill Suites by Marriott San Diego Carlsbad is now open in Carlsbad, California. It is owned and managed by DKN Hotels of Irvine, California, led by Kiran Dahya as CEO. The 104-suite hotel in Carlsbad Village outside San Diego is near Carlsbad State Beach, U.S. Marine Corps’s Camp Pendleton, LEGOLAND California, The Flower Fields at Carlsbad Ranch, The Crossings at Carlsbad and the Carlsbad Premium Outlets.

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Tag: Springhill-Suites,Asian-Hospitality,Marriott-San-Diego,DKN-Hotels,hospitality-news-USA,hotel-and-hospitality-news-USA

Courtyard Opening In Portland ,Oregon : Asian Hospitality

Posted by 14 days ago (https://www.asianhospitality.com/courtyard-opening-in-portland-or/)

Description: The Courtyard by Marriott Portland East opens Oct. 21 in Portland, Oregon. It is owned by Lodging Management Northwest LLC led by Jatin Patel as principal. The 91-room hotel is managed by InnVentures LLC of Tukwila, Washington. It is near Mt. Hood Skibowl, Timberline Lodge, McMenamins Edgefield, Multnomah Falls and Pioneer Place. Amenities include an indoor swimming pool, fitness center, fire pit and 702 square feet of meeting space. Courtyard’s new room design includes a luggage drop for storing bags and the “Tech Drop” ledge provides a place for guests to plug personal devices. The rooms also feature hybrid zones for working, sleeping and getting ready.

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Tag: courtyard-by-Marriott-Portland-East,Asian-Hospitality,Hotel-industry-news-USA,hotel-and-hospitality-news-USA

STR: U.S. hotel performance flat in third week of January

Posted by 14 days ago (https://www.asianhospitality.com/str-u-s-hotel-performance-flat-in-third-week-of-january/)

Description: U.S. HOTEL PERFORMANCE remained relatively flat during the third week of January, according to STR. Tampa, Florida, led the top 25 markets in terms of occupancy. Occupancy was 48.7 percent for the week ending Jan. 22, and it was 48.8 percent the week before. It was down 15.9 percent from the comparable week in 2019. ADR was $122.17 for the week, almost same as the week before at $122.12 and down 1.4 percent from two years ago. RevPAR reached $59.52, it was $59.57 the prior week and down 17.1 percent from the same period two years ago.

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Tag: U.S-HOTEL-PERFORMANCE,Asian-Hospitality,U.S-hotel-news,Hotel-industry-news-trends,Future-trends-in-hotel-industry,u.s-hotel-market-report-2022

Peachtree Hotel Group reaches $2 billion in capitalization

Posted by 15 days ago (https://www.asianhospitality.com/peachtree-hotel-group-reaches-record-2-billion-in-capitalization/)

Description: THE STOP-AND-GO economy of 2021 did not slow down progress for Peachtree Hotel Group of Atlanta. The accrued a record of $2 billion in total capitalization through 140 transactions, including acquisitions, developments, lending and hotel investments. Representatives of the company, which is led by Mitul Patel and Jatin Desai as managing principals along with Greg Friedman as CEO, discussed the record year at the Americas Lodging Investment Summit in Los Angeles last week.

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Tag: Peachtree-Hotel-Group,Asian-Hospitality,hotel-investments-usa,us-hospitality-industry,Travel-industry-Overview

Castell Project releases new Women in Hospitality report

Posted by 17 days ago (https://www.asianhospitality.com/castell-project-releases-5th-annual-women-in-hospitality-leadership-report/)

Description: IT’S BEEN A tough year for women in the hospitality industry, but progress has been made as more female executives took leadership roles, according to an annual report from the Castell Project, a nonprofit focused on promoting women in the industry. The next challenge, according to the project, is getting more women in hospitality education programs. Castell Project founder and chairwoman Peggy Berg released the 2022 Women in Hospitality Industry Leadership report during the Americas Lodging Investment Summit in Los Angeles earlier this week. During the conference, Berg received the ISHC Pioneer Award for her work in the industry, and she told a story during her acceptance speech that encapsulates where women are coming from in the industry.

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Tag: CASTELL-PROJECT,Asian-Hospitality,WOMEN-IN-HOSPITALITY-LEADERSHIP,WOMEN-IN-HOSPITALITY-LEADERSHIP-REPORT,Female-leadership-in-hospitality

HLS added 73 hotels, 5,967 rooms in 2021

Posted by 17 days ago (https://www.asianhospitality.com/hospitality-lodging-systems-added-73-hotels-5967-rooms-in-2021/)

Description: ATLANTA-BASED FIRM Hospitality Lodging Systems added 73 hotels with 5,967 rooms in 2021. The firm posted a 16 percent increase in hotels and 21 percent hike in rooms compared to last year, a statement said. In 2020, HLS had 63 hotels with 4,929 rooms. HLS said that of these properties, 42 hotels containing 4,201 rooms operate under the Budgetel Inn & Suites brand, 21 with 1,171 rooms operate under the AmeriVu Inn & Suites brand and 10 hotels containing 595 rooms operate as a Haven Hotel.

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Tag: Asian-Hospitality,Hotel-Lodging-Conference,ahla-conference-2022,hospitality-conference-2022,HOSPITALITY-LODGING-SYSTEMS

AHLA: U.S. hotel industry recovery will be uneven in 2022

Posted by 17 days ago (https://www.asianhospitality.com/ahla-u-s-hotel-industry-recovery-will-be-uneven-volatile-in-2022/)

Description: THE U.S. HOTEL industry will continue its recovery in 2022, but the path will be uneven and potentially volatile, according to a report by the American Hotel & Lodging Association. It added that a full recovery from the impacts of the COVID-19 pandemic will take several years. AHLA’s 2022 State of the Hotel Industry report also revealed shifts in consumer and business sentiment. The report was created in collaboration with Accenture and is based on data and forecasts from Oxford Economics and STR.

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Tag: U.S.-HOTEL-INDUSTRY,Asian-Hospitality,Hotel-Industry-report-2022,hotel-occupancy-rates-2022

LE: Slight dip in U.S. hotel construction pipeline in 2021

Posted by 18 days ago (https://www.asianhospitality.com/le-slight-dip-in-u-s-hotel-construction-pipeline-in-2021/)

Description: THE U.S. HOTEL construction pipeline dropped 8 percent by projects and 10 percent by rooms in 2021 when compared to 2020, according to Lodging Econometrics. However, the number of projects in the early planning stage is rising, it added. The total construction pipeline at the fourth quarter of last year stood at 4,814 projects containing 581,953 rooms, according to LE. There were 2,021 projects containing 239,816 rooms in the early planning stage, up 18 percent by projects and 11 percent by rooms, LE data shows.

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Tag: Asian-hospitality,U.S-HOTEL-CONSTRUCTION,Lodging-Econometrics,Hotel-construction-forecast

STR: Occupancy down year-over-year in 2nd week of January

Posted by 20 days ago (https://www.asianhospitality.com/str-u-s-occupancy-down-year-over-year-in-second-week-of-january/)

Description: AS A RESULT of a larger impact from the Omicron variant, U.S. hotel occupancy worsened in the second week of January in comparison with pre-pandemic levels, according to STR. However, occupancy was higher than the previous week on an absolute basis. Occupancy was 48.8 percent for the week ending Jan. 15, up from 45.4 percent the week before and down 16.3 percent from the comparable week in 2019. ADR was $122.12 for the week, up from $119.92 the week before, but down 1.6 percent from two years ago. RevPAR reached $59.57, up from $54.47 the prior week and down 17.6 percent from the same period two years ago.

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Tag: U.S-Hotel-Performance,STR-report,Asian-Hospitality,STR-U.S-hotel-forecast,U.S-hotel-forecast-2022

STR, TE update U.S. forecast upward in light of strong ADR

Posted by 20 days ago (https://www.asianhospitality.com/str-te-update-u-s-forecast-upward-in-light-of-strong-adr/)

Description: THE UPWARD MOVEMENT of ADR for U.S. hotels lifted the forecast for the market by STR and Tourism Economics. The travel research firms released the new forecast during the opening sessions of the Americas Lodging Investment Summit in Los Angeles on Monday. The recovery timeline laid out in the new forecast remains mostly the same as the previous forecast released in November, with ADR will near full recovery this year. RevPAR is anticipated to exceed 2019 levels in 2023, but when adjusted for inflation ADR and RevPAR are not projected to reach full recovery until after 2025. Occupancy is projected to surpass 2019 levels in 2023.

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Tag: U.S-hotel-RevPAR,Asian-Hospitality,us-hotel-market-report-2022,us-hotel-industry-outlook-2022,U.S-Hotel-Performance

Webinar: More travelers using digital tools to plan trips

Posted by 21 days ago (https://www.asianhospitality.com/webinar-more-u-s-travelers-using-digital-tools-to-research-plans/)

Description: PEOPLE ARE SHOWING a desire to get back to travel, but within certain limits, according to a Reuters Events Travel webinar. The webinar featured information on the current state of the industry from IHG Hotels & Resorts, Visit California and digital consultancy Appnovation. Whether planning, booking or experiencing a vacation, today’s travelers are more cautious than ever and are taking more time to research plans and are using digital tools for it, according to the webinar titled “Destination Experience: Driven by Data, Inspired by Travelers.”

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Tag: Asian-Hospitality,The-impact-of-technology-on-the-travel-and-tourism-industry,Technology-in-hospitality-industry,Google-travel-survey

STR: U.S. hotel RevPAR recovered 83 percent in 2021

Posted by 21 days ago (https://www.asianhospitality.com/str-u-s-hotel-revpar-recovered-83-percent-in-2021/)

Description: REVPAR FOR U.S. hotels recovered to 83.2 percent of 2019 levels in 2021, according to STR. Also, in December 2021, ADR and RevPAR hit all-time highs. U.S. hotel occupancy in 2021 was 57.6 percent, down 12.6 percent when compared to 2019. ADR for the year was $124.67, down just 4.8 percent from 2019. RevPAR at $71.87, down 16.8 percent when compared to two years ago.

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Tag: U.S-hotel-RevPAR,Asian-Hospitality,us-hotel-market-report-2022,u.s-hotel-industry-outlook-2022,U.S-Hotel-Performance

Navika Group, Blue Sky acquire Hyatt Centric Wall Street

Posted by 24 days ago (https://www.asianhospitality.com/navika-group-blue-sky-acquire-hyatt-centric-wall-street/)

Description: NAVIKA GROUP OF Companies and Blue Sky Hospitality Solutions have acquired the Andaz Wall Street hotel, now known as the Hyatt Centric Wall Street New York. The 253-room hotel’s guestrooms and lobby were recently redesigned, but Navika plans to invest approximately $5 million in the property over the next several years. Real estate company Navika Group and Blue Sky management company both are led by Naveen Shah as president and CEO. Also, Haridas Kotahwala is chairman at Navika Group. The Hyatt Centric Wall Street is expected to reopen Jan. 26, according to Blue Sky.

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Tag: NAVIKA-GROUP,Asian-Hospitality,Blue-Sky-Hospitality,HYATT-CENTRIC-WALL-STREET,hospitality-news-USA,hotel-and-hospitality-news-USA

Netlink Voice acquires communication platform Phonesuite

Posted by 24 days ago (https://www.asianhospitality.com/netlink-voice-acquires-communication-platform-phonesuite/)

Description: ASIAN AMERICAN OWNED technology firm Netlink Voice LLC has acquired Phonesuite, a hospitality voice communication platform used by several hotel brands, the company said in a statement. Following the acquisition, Phonesuite and its subsidiary Phonesuite Direct, will be supported by Netlink Voice’s finances, technology infrastructure and shorter development cycle.

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Tag: Netlink,Asian-Hospitality,Phonesuite-support,Voiceware-Phonesuite,hospitality-news-USA,hotel-and-hospitality-news-USA

Jennifer Stilwell is VP of marketing for Auro Hotels

Posted by 25 days ago (https://www.asianhospitality.com/stilwell-is-vp-of-marketing-for-aurohotels/)

Description: Jennifer Stilwell is the new vice president of marketing for auroHOTELS, led by D.J. Rama as president and CEO. Previously, she served as chief marketing officer for VisitGreenvilleSC, the destination marketing organization for Greenville, South Carolina, where auroHOTELS is based. Prior to VisitGreenvilleSC, Stilwell led tourism brand marketing for Leslie Advertising, handling accounts such as the South Carolina Department of Parks, Recreation & Tourism. She also worked for New York ad agency Warren/Kremer representing NYCVB, Four Seasons Hotels & Resorts, La Cabana in Aruba and Club Med.

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Tag: Jennifer-Stilwell,Asian-Hospitality,Auro-Hotels,Hotel-industry-news-USA,hotel-and-hospitality-news-USA,hospitality-news-USA

Noble acquires two hotels in D.C area mixed-use development

Posted by 26 days ago (https://www.asianhospitality.com/noble-acquires-two-hotels-in-d-c-area-mixed-use-development/)

Description: NOBLE INVESTMENT GROUP has acquired two hotels in National Landing, a mixed-use development in Arlington, Virginia, near Washington, D.C. The acquisitions come days after the Atlanta-based company, led by Mit Shah as CEO bought two hotels in Savannah, Georgia. The hotels are the 162-room Hampton Inn & Suites National Landing and the 248-room Hilton Garden Inn National Landing. The neighborhoods of Crystal City, Pentagon City and Potomac Yard comprise the National Landing development, which includes of offices, residential, dining, retail, parks, bike paths, and walking trails.

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Tag: Noble-Investment-Group,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,Hotel-Investment-Group

VHG opens Hampton Inn in Huntsville, Alabama

Posted by 26 days ago (https://www.asianhospitality.com/vhg-opens-hampton-inn-in-huntsville-alabama/)

Description: The Hampton Inn & Suites by Hilton Huntsville Downtown is now open in Huntsville, Alabama. It is owned by Chattanooga, Tennessee-based Vision Hospitality Group led by Mitch Patel as president and CEO.

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Tag: Hampton-Inn-&-Suites-by-Hilton-Huntsville-Downtown,Vision-Hospitality,Asian-Hospitality,Vision-Hospitality-Group,Hotel-industry-news-USA

Nexgen Acquires Cleveland Four Points - Asian Hospitality

Posted by 27 days ago (https://www.asianhospitality.com/nexgen-acquires-cleveland-four-points/)

Description: THE RECENTLY RENOVATED Four Points by Sheraton Cleveland Airport in Cleveland, Ohio, is the latest acquisition by NexGen Hotels. It is the 11th property in the portfolio for NexGen, led by Chris Patel as principal. The 147-room Four Points is two miles from Cleveland Hopkins International Airport. It also is near Quicken Loans Arena, the Rock & Roll Hall of Fame and the Cleveland Clinic Medical Center. Amenities at the 6-story hotel include 7,500 square feet of meeting space and a heated indoor swimming pool.

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Tag: Nexgen,Four-Points,Asian-Hospitality,Hotel-industry-news-USA,NexGen-Hotels,NextGen-Hospitality-USA

Ken Greene Leaving AAHOA For New Position-Asian Hospitality

Posted by 27 days ago (https://www.asianhospitality.com/greene-leaving-aahoa-for-new-position/)

Description: KEN GREENE IS leaving his position as president and CEO of AAHOA to begin a new job with Dallas-based IBF Hospitality. AAHOA already has begun searching for his replacement. Greene will leave on Feb. 11, according to a statement. He was brought on last year in June to replace Cecil Staton, AAHOA’s former president and CEO when he left the association unexpectedly.

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Tag: Ken-Greene,Asian-Hospitality,AAHOA,IBF-Hospitality,us-hospitality-news,hotel-and-hospitality-news-USA,Hotel-industry-news-USA

NewcrestImage Closes Sale To Summit Hotel Properties

Posted by 28 days ago (https://www.asianhospitality.com/newcrestimage-closes-sale-on-27-hotels-to-summit-hotel-properties/)

Description: NEWCRESTIMAGE HAS COMPLETED its sale of 27 hotels to Summit Hotel Properties it first announced in November. The Dallas-based company, led by Mehul Patel as managing partner and CEO, also contracted with Aimbridge Hospitality to manage the hotels and will become a minority shareholder in the management company. The initial closing includes 26 existing hotels with 3,533 guestrooms, with final closing on the currently under construction 176-room Canopy by Hilton New Orleans expected to be completed in the first quarter, according to the company. It also includes two parking structures.

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Tag: NewcrestImage-hotels,Asian-Hospitality,Summit-Hotel-Properties,Summit-Hotel-Properties-news,us-hospitality-news

STR:Hotel construction in December down 61K rooms from peak

Posted by 28 days ago (https://www.asianhospitality.com/str-hotel-construction-in-december-down-61k-rooms-from-peak/)

Description: HOTEL CONSTRUCTION DROPPED in December, falling 61,000 rooms below the peak reached in early 2020, according to STR. The number of projects under construction and in final planning is particularly down from the same time last year while many more are in the planning phase. There were 158,906 rooms in the construction phase in December, down 19.2 percent from the same month in 2020, according to STR. There were 185,231 rooms in final planning, down 20.6 percent from 2020, but there were 284,502 rooms, up 38.9 percent from the previous December.

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Tag: Asian-Hospitality,STR-hotel-occupancy,Hotel-occupancy-projections-us,hotel-construction-in-december-2021

STR: U.S. Hotel Performance Down Post Holidays

Posted by 3 hours ago (https://www.asianhospitality.com/str-u-s-hotel-performance-down-post-holidays/)

Description: AS THE HOLIDAY season dwindles into the past, so did U.S. hotels’ performance, according to STR. Occupancy dropped, dragging ADR and RevPAR with it. Occupancy was 45.4 percent for the week ending Jan. 8, down from 54.3 percent the week before and down 14.9 percent from the comparable week in 2019. ADR was $119.92 for the week, down from $157.91 week over week and a 4.8 percent drop from 2019. RevPAR reached $54.47, a decline from $85.74 the prior week and down 19 percent from 2019.

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Tag: U.S-Hotel-Performance,STR-report,Asian-Hospitality,STR-U.S-hotel-forecast,U.S-hotel-forecast-2022

Best Western Opens In Kennesaw - Asian Hospitality

Posted by 22 hours ago (https://www.asianhospitality.com/best-western-opens-in-kennesaw/)

Description: The Best Western Kennesaw is now open in Kennesaw, Georgia. Darren Patel is the owner and general manager of the hotel. The 59-room hotel is near the Six Flags Over Georgia waterpark, Town Center at Cobb shopping mall, Andretti Indoor Karting and Games, the Georgia Aquarium, the World of Coca-Cola museum and Truist Park, home of the Atlanta Braves baseball team. Also nearby are Dobbins Air Reserve Base, the Southern Museum of Civil War and Locomotive History and the Kennesaw Mountain National Battlefield Park.

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Tag: Best-Western-Kennesaw,Asian-Hospitality-USA,hotel-and-hospitality-news-USA,Hotel-industry-news-USA,hospitality-news-USA

Best Western Opens In Hershey , Pennsylvania

Posted by 23 hours ago (https://www.asianhospitality.com/best-western-opens-in-hershey-pennsylvania/)

Description: The Best Western Plus Hershey in Hershey, Pennsylvania, is now open. It is owned by Anish Patel. The 60-room hotel is near Hersheypark, The Hershey Co., Hershey’s Chocolate World, Hersheypark Stadium, Giant Center, Milton Hershey School, the Hershey Medical Center and Penn State Health and the Tanger Outlets Hershey. Amenities included 1,000 square feet of meeting space, a heated indoor pool, fitness center and outdoor patio area.

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Tag: Best-Western-USA,Best-Western-Plus-Hershey,Asian-Hospitality,hotel-and-hospitality-news-USA,Hotel-industry-news-USA

Leisure and hospitality added 53,000 jobs in December

Posted by 1 days ago (https://www.asianhospitality.com/report-leisure-and-hospitality-added-53000-jobs-in-december/)

Description: THE LEISURE AND hospitality sector saw some job growth in December, according to the Bureau of Labor Statistics’ December employment report. Not enough, however, according to the U.S. Travel Association, meaning more federal aid is needed. The sector added 53,000 jobs during the month, according to the BLS data. The overall economy added 199,000 jobs.

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Tag: Asian-Hospitality,December-jobs-report-2021,Leisure-and-hospitality-sector,Hospitality-industry-statistics-2021,Hospitality-industry-employment-Statistics

STR: Super Bowl to boost L.A. ADR and RevPAR

Posted by 1 days ago (https://www.asianhospitality.com/str-super-bowl-to-boost-l-a-adr-and-revpar/)

Description: IN ANOTHER SIGN of recovery from the COVID-19 pandemic, this year’s Super Bowl is expected to bring increases in hotel business to host city Los Angeles, according to STR. ADR and RevPAR are projected to reach the second-highest levels for any Super Bowl weekend on record. During the weekend of the game, Feb. 11 to 13, STR forecasts that ADR will reach $445 and RevPAR will be around $396 in the L.A. market. Occupancy is expected to hit 89 percent as fans flock in for the game.

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Tag: SUPER-BOWL,Hotel-industry-forecast-2022,Asian-Hospitality,STR-2022-forecast,STR-forecast,Hotel-industry-news-USA

Best Western to allow guests to use reward points for rooms

Posted by 2 days ago (https://www.asianhospitality.com/best-western-to-allow-guests-to-use-reward-points-for-rooms/)

Description: TO USHER IN 2022, Best Western Hotels & Resorts is offering a new program to allow guests Best Western Rewards to use points to cover the cost of booking a hotel room. The company said its “Pay with Points” will benefit hoteliers as well. Under the new program, BWR members do not have to reach a free room night threshold, but can redeem points for discounted room rates at hotels in North America immediately. During a beta test of the program in which a few Best Western hotels allowed BWR with at least 5,000 points to apply points to their hotel stays, one third used a combination of BWR points and cash to book stays of two nights or more.

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Tag: Best-Western-Hotels,Asian-Hospitality,Best-Western-Rewards,Best-Western-Rewards-deals,hotel-and-hospitality-news-USA,Hotel-industry-news-USA

NJ law would require new hotel owners to retain employees

Posted by 2 days ago (https://www.asianhospitality.com/new-jersey-law-would-require-new-hotel-owners-to-retain-employees/)

Description: THE NEW JERSEY legislature has passed legislation that will place new requirements regarding employees when a hotel changes hands. Hospitality and business associations are objecting to the law, saying it will hinder hotels’ recovering in the state. Assembly Bill 6246 will, among other things, require new owners of a hotel to keep all employees on staff for at least 90 days after the purchase without reducing their wages or benefits.

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Tag: Asian-hospitality,New-Jersey-law,NJ-law,hotel-and-hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-news

AC Hotel Opens In Greenville , SC - Asian Hospitality

Posted by 3 days ago (https://www.asianhospitality.com/ac-hotel-opens-in-greenville-sc/)

Description: The AC Hotel by Marriott Greenville Downtown is open in Greenville, South Carolina. It is owned by Auro Hotels led by Dharmendra D.J. Rama as president and CEO. The 8-story, 196-room upscale hotel is in Camperdown Plaza near Falls Park, the Reedy River, the Peace Center Performing Arts center, Kroc Center Greenville, the Shoeless Joe Jackson Museum and Sirrine Stadium. It includes seven restaurants and bars, including the tapas bar Paloma, the rooftop Juniper and The Press Room speakeasy.

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Tag: AC-hotel-Greenville-SC,Asian-Hospitality,Marriott-Greenville-Downtown,hotel-and-hospitality-news-USA,Hotel-industry-news-USA

Clarion Pointe Opens In Statesville, NC - Asian Hospitality

Posted by 3 days ago (https://www.asianhospitality.com/clarion-pointe-opens-in-statesville-nc/)

Description: The Clarion Pointe in Statesville, North Carolina, is now open. It is owned by Shrina, Inc., led by Tika Shah and Jigar Majmundar. It also is the 25th hotel to open for Choice’s relatively new midscale select-service brand.

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Tag: Clarion-Inn-Statesville-NC,Asian-Hospitality,Clarion-Pointe-brand,hotel-and-hospitality-usa,Hotel-industry-news-USA

STR: ADR Set Record In The Last Week Of December

Posted by 4 days ago (https://www.asianhospitality.com/str-adr-set-record-in-the-last-week-of-december/)

Description: U.S. HOTELS REACHED record-breaking ADR level during the last week of December, particularly by luxury resorts, according to STR. STR’s top 25 markets also led the expansion. Occupancy was 54.3 percent for the week ending Jan. 1, up from 44.3 percent the week before and increased 10.7 percent when compared to 2019. ADR was $157.91 for the week, up from $129.67 during the fourth week and up by 15.1 percent compared to two years ago. RevPAR was $85.74 during the week under review, up from $57.46 the week before and increased 27.4 percent compared to 2019.

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Tag: Asian-Hospitality,U.S-hotels,str-hotel-stock-index,STR-report,us-hotel-occupancy-rates,hotel-occupancy-report

Highland Group: November Recovery Indices Pass 100 Percent

Posted by 5 days ago (https://www.asianhospitality.com/highland-group-november-recovery-indices-exceeded-100-percent/)

Description: THE COLLECTIVE RECOVERY indices of U.S. extended-stay hotels exceeded 100 percent in November for the first time in 2021, according to hotel investment advisors Highland Group. The strongest gains were reported by mid-price and upscale extended-stay hotels. Economy extended-stay hotels continue to lead the RevPAR recovery during the month with a 22 percent gain compared to two years ago, according to “U.S. Extended-stay Hotels Bulletin: November 2021” report from the Highland Group.

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Tag: Highland-Group,Asian-Hospitality,U.S-extended-stay-hotels,Baird/STR-Hotel-Stock-Index,hospitality-news-USA,hotel-and-hospitality-usa

Baird/STR Hotel stock index rose 12.7 percent in December

Posted by 7 days ago (https://www.asianhospitality.com/baird-str-hotel-stock-index-rose-12-7-percent-in-december/)

Description: THE BAIRD/STR Hotel Stock Index rose 12.7 percent in December over the previous month. It was up 25.6 percent for 2021 as a whole. The index outperformed both the S&P 500, up 4.4 percent, and the MSCI US REIT Index, which rose 8.2 percent in December. The hotel brand sub-index increased 13.2 percent from November while the Hotel REIT sub-index rose 10.9 percent. Investment was bolstered by some, if not good, then less bad than expected news regarding the COVID-19 pandemic, said Michael Bellisario, senior hotel research analyst and director at Baird.

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Tag: baird/str-hotel-stock-index,Asian-hospitality,Hotel-occupancy-rates-2021,STR-report,STR-U.S-hotel-forecast

Noble Acquires Two Hotels In Savannah, Georgia

Posted by 7 days ago (https://www.asianhospitality.com/noble-acquires-two-hotels-in-savannah-georgia/)

Description: NOBLE INVESTMENT GROUP recently acquired two hotels in Savannah, Georgia. The hotels are the Hampton Inn Savannah Historic District and Holiday Inn Express Savannah Historic District. Chattanooga, Tennessee-based Noble, led by Mit Shah as CEO, acquired the hotels because of their position in Savannah’s historic district. The city recently was named Travel + Leisure magazine’s No. 3 Top City in the U.S. and included on TIME’s list of The World’s Greatest Places of 2021. The 7-floor, 143-room Holiday Inn Express has 2,765 square feet of meeting space, a rooftop pool and the Port Royal Tavern in the lobby. The 147-room Hampton Inn has an outdoor pool, a fitness center and a business center.

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Tag: Noble-Investment-Group,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,Hotel-industry-news-trends

NewcrestImage to acquire nine G6 Hospitality hotels

Posted by 7 days ago (https://www.asianhospitality.com/newcrestimage-to-acquire-nine-g6-hospitality-hotels/)

Description: FRESH FROM SELLING off much of its portfolio, NewcrestImage recently agreed to purchase nine hotels in Arizona from G6 Hospitality, six branded Motel 6 and three branded Studio 6. The company expects to close the transaction in early March. The six Motel 6 properties Dallas-based NewcrestImage will purchase are: Mesa North, 152 rooms Phoenix West, 148 rooms Phoenix Tempe, 131 rooms Scottsdale South, 100 rooms Mesa South, 91 rooms Phoenix Airport, 61 rooms

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Tag: NewcrestImage,Asian-Hospitality,hotel-occupancy-USA,hospitality-news-USA,Hotel-industry-news-USA

Patel Named To University Of Houston Course Advisory Board

Posted by 8 days ago (https://www.asianhospitality.com/patel-named-to-university-of-houston-advisory-board/)

Description: Miraj Patel, president of Wayside Investment Group in Houston, has been named an advisory board member for the University of Houston Customer Experience Certificate Program. The program offers interactive training for hospitality workers to provide customer insights. Members of the advisory board offer their professional perspective to participants in the program. Patel is also the young professional director for AAHOA’s Western Division.

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Tag: Miraj-Patel,Asian-Hospitality,University-of-Houston-Customer-Experience-Certificate-Program,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-news

Alex Cisneros Is Red Roof’s SVP For Revenue Generation

Posted by 8 days ago (https://www.asianhospitality.com/cisneros-is-red-roofs-svp-for-revenue-generation/)

Description: Alex Cisneros is Red Roof’s new senior vice president for revenue generation. Prior to joining Red Roof, he was vice president of revenue generation and distribution for Wyndham Destinations. Cisneros also worked in operations for New Jersey TRANSIT, Delta Services Group and AT&T where he consulted on demand planning, pricing analysis, operations research, customer experience, and consumer analytics.

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Tag: Alex-J-Cisneros,Red-Roof,Asian-Hospitality,hospitality-news-USA,Hotel-industry-news-USA,U.S-hotel-news

Survey: Service Top Priority For Global Travelers

Posted by 9 days ago (https://www.asianhospitality.com/survey-service-top-priority-for-global-travelers/)

Description: ABOUT 78 PERCENT of global travelers place high quality service above all else when booking a hotel, according to a global survey by IHG Hotels & Resorts’ voco hotels. Cleanliness and other basic needs also rank highly, but the way hotel staff approach guests during their stay is very important, and travelers want to feel comfortable, both physically and in themselves. “Just like travel has changed, consumers expectations have too,” said Will Yell, VP luxury and upscale conversion and affiliate brands at IHG. “With nearly half of travelers stating they want to be valued as an individual, a one-size-fits-all approach to hotel service no longer resonates with travelers.”

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Tag: IHG-Hotels-&-Resorts-survey,Asian-Hospitality,hospitality-industry-USA,Hotel-industry-news-USA,U.S-hotel-news

COVID continued, leaders changed in 2021 - Asian Hospitality

Posted by 10 days ago (https://www.asianhospitality.com/covid-continued-leaders-changed-in-2021/)

Description: AS 2022 BEGINS, many of the issues U.S. hoteliers faced in 2021, primarily related to the COVID-19 pandemic, are likely to continue. The year past also saw other changes, such as new leadership at AAHOA and a new administration in Washington, D.C. Below are the top stories covered by Asian Hospitality during 2021. They also include ongoing economic relief as the hospitality industry continued its struggle to recover from the pandemic; the return to in-person conventions; and powerful natural disasters.

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Tag: Asian-Hospitality,Post-pandemic-future,Life-after-COVID-19-what-will-change,new-normal-life-after-covid-19,post-pandemic-covid-19, post-pandemic-covid-19-hospitality-industry

HotStats: Omicron Reactions Set Precedent For The Future

Posted by 10 days ago (https://www.asianhospitality.com/hotstats-omicron-reactions-set-precedent-for-pandemics-future/)

Description: THE OMICRON VARIANT has not good for the hospitality industry, but it hasn’t been as bad as expected, which is a good sign for the future, according to HotStats. GOPPAR for November was up from the same time last year, but still down from 2019. GOPPAR for November was $55.68, down 29.4 percent from November 2019. It’s also down from $68.97 In October, but according to HotStats that is not unusual for this time of year.

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Tag: Asian-Hospitality,U.S-hotels,HotStats-report,future-of-hotel-industry-after-covid-19,Future-trends-in-hospitality-industry

Report: Travelers In 2022 To Focus On Reconnection

Posted by 11 days ago (https://www.asianhospitality.com/report-travelers-in-2022-to-focus-on-reunion-and-reconnection/)

Description: TRAVELERS IN 2022 will prioritize reunion and reconnection as the pandemic separated families and friends, according to a report by Hilton. The pandemic has led to several other changes as well, the report found. This year, travelers are expected to care more about sustainability and community efforts, according to Hilton’s “The 2022 Traveler: Emerging Trends and the Redefined Traveler” report. They also are looking to remain loyal to brands, companies and organizations that align with their values, according to the report.

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Tag: 2022-travel-predictions,Asian-Hospitality,Predictions-for-travel-in-2022,hospitality-industry-USA

STR: U.S. Hotel Occupancy Hits All-Time High On Christmas

Posted by 11 days ago (https://www.asianhospitality.com/str-u-s-hotel-occupancy-hits-all-time-high-on-christmas/)

Description: U.S. HOTEL OCCUPANCY has reached an all-time high in the fourth week of December though the numbers came in lower than the previous week, according to STR. Christmas Day occupancy was 47.2 percent, up from the previous high of 47 percent recorded in 2015. Occupancy was 44.3 percent for the week ended Dec. 25, down from 53.8 percent the week before, and down 8.7 percent when compared to 2019. ADR was $129.67 for the week, up from $121.87 the week before and an increase of 0.5 percent from 2019. RevPAR reached $57.46, down from $65.61 the week before, and dropped 8.3 percent from two years ago.

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Tag: Str-us-hotel-performance-for-dec-2021,Asian-hospitality,us-hotel-occupancy-rates,Hotel-occupancy-forecast-2022,STR-hotel-forecast-2022

Home2 Suites Opens in Whitestown, Indiana

Posted by 14 days ago (https://www.asianhospitality.com/home2-suites-opens-in-whitestown-indiana/)

Description: The Home2 Suites by Hilton Whitestown Indianapolis NW is now open in Whitestown, Indiana. It is owned by the Jetha Group with Sumeet Jetha as president of operations and managed by Hotel Equities. The 107-room hotel is near Grand Park Sports Campus, Indiana Motor Speedway, Amerisource Bergen, Indy Car Exchange and Indianapolis International Airport. Amenities include a combined laundry and fitness area, indoor pool and Digital Key check-in.

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Tag: Home-2-Suites-Whitestown,Asian-Hospitality,Home2suites-by-Hilton,hospitality-news-USA

Newcrestimage Opens New Hilton Garden Inn In Texas

Posted by 15 days ago (https://www.asianhospitality.com/newcrestimage-opens-new-hilton-garden-inn-in-texas/)

Description: A new Hilton Garden Inn is now open in the SilverLake Crossings project in Grapevine, Texas. It is owned by NewcrestImage led by Mehul Patel, chairman and CEO and is the company’s third tri-branded hotel.

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Tag: Hilton-Hotel,NEWCRESTIMAGE,Asian-Hospitality,Hilton-Garden-Inn,Garden-Inn-Hilton

Hilton Announces New Homewood Suites Prototype

Posted by 15 days ago (https://www.asianhospitality.com/hilton-announces-new-homewood-suites-prototype/)

Description: HILTON’S EXTENDED-STAY Homewood Suites brand is getting a new look. The brand’s new Prototype 10.0 includes a smaller footprint but with more rooms, as well as changes to guest suites and common spaces. The new prototype draws from design ideas implemented during a 2019 update implemented in open Homewood Suites hotels as part of the brand’s 30-year anniversary. Prototype 10.0 features a site size reduction from 2.49 acres to 2.36 acres and building area reduction by more than 3,350 square feet while increasing the number of rooms from 121 to 131 suites. Another developer-oriented change is new F&B options aimed at increasing revenue.

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Tag: Homewood-Suites-by-Hilton,Asian-Hospitality,hospitality-industry-news-USA,Homewood-Suites-prototype-drawings,Homewood-Suites-news

HotStats:Treat Young Associates Better To Improve Retention

Posted by 16 days ago (https://www.asianhospitality.com/hotstats-treat-young-associates-better-to-improve-retention/)

Description: HOTEL OWNERS MUST treat young associates better as labor is the hot-button issue in the hospitality industry, according to a blog post by HotStats. Increasing wages for entry-level work and promoting career advancement are also vital toward attracting young talent, it added. The blog post said that total payroll on a per-available-room basis is still around two times less in 2021 compared to 2019, according to HotStats data. Year-to-date October 2021, total payroll PAR in the U.S. is $43.46 compared to $85.86 two years ago.

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Tag: Employee-Retention-in-Hospitality,Asian-hospitality,hospitality-industry-USA

HOME2 OPENS IN RICHMOND, INDIANA - Asian Hospitality

Posted by 17 days ago (https://www.asianhospitality.com/home2-opens-in-richmond-virginia/)

Description: The Home2 Suites by Hilton-Richmond is open in Richmond, Indiana. It is owned by The Witness Group led by Sachin Patel, Sagar Patel and Aakash Patel as principals and executive leadership team. It is managed by Hotel Equities of Atlanta.

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Tag: Home2-Suite,Asian-Hospitality,Hotel-industry-news-USA,hospitality-industry-news-USA

Lawmakers press State Department to expedite visa processing

Posted by 17 days ago (https://www.asianhospitality.com/lawmakers-press-state-department-to-expedite-visa-processing/)

Description: THE FEDERAL GOVERNMENT may have expanded an immigrant visa program that can bring more workers to the U.S. to ease the labor shortage but processing those visas may still be delayed due to a pandemic-related backlog. A group of lawmakers recently wrote a letter to the Department of State urging the agency to bring that processing back to pre-COVID levels. The letter, sent by Reps. Darren Soto, a Florida Democrat, and Peter Meijer, a Michigan Republican, along with 86 other Congress members says visa processing has been slowed by procedures put in place at the beginning of the pandemic but which are no longer needed because testing and vaccines are so readily available.

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Tag: Asian-Hospitality,Visa-processing-delays,US-visa-delays,U.S-visa wait-times,Immigrant-visa-wait-times

Robert Stuckey Is Aahoa's New VP Of Business Development

Posted by 18 days ago (https://www.asianhospitality.com/stuckey-is-aahoas-new-vp-of-business-development/)

Description: Stuckey also worked for ShawContract where he directed that company’s partnership with AAHOA. He also worked for InterContinental Hotels Group. “[Stuckey] brings substantial experience to his position and a sound strategic vision for the association’s important business development work. He has an exceptional understanding of our members and the hospitality industry,” said Cecil Staton, AAHOA president and CEO.

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Tag: Robert-Stuckey,Asian-Hospitality,hospitality-industry-news-USA,aahoa-2021,Hotel-industry-news-USA

STR: U.S. Hotels Down In November, Third Week Of December

Posted by 18 days ago (https://www.asianhospitality.com/str-u-s-hotels-down-in-november-third-week-of-december/)

Description: NOVEMBER BROUGHT A little less for U.S. hotels to be thankful for compared to the prior month, according to STR, but also saw improvements over 2019’s performance. Meanwhile, with Christmas a week away, performance surpassed the comparable time period for 2019.

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Tag: str-report-december-2021,Asian-hospitality,hotel-occupancy-rate-in-us,Hotel-occupancy-rates-2021,u.s-hotel-market-report-2021

Dimaria Will Be GM Of VHG’S Kinley Chattanooga Southside

Posted by 21 days ago (https://www.asianhospitality.com/dimaria-will-be-gm-of-vhgs-kinley-chattanooga-southside/)

Description: Michael DiMaria will be general manager of Vision Hospitality Group’s Kinley Chattanooga Southside when it opens this spring in Chattanooga, Tennessee. Previously he was general manager at the company’s TownePlace Suites and Residence Inn by Marriott in Nashville, Tennessee.

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Tag: Michael-DiMaria,Asian-Hospitality,Vision-Hospitality-Group,Kinley-Chattanooga,Hotel-industry-news-USA

Kong To Receive Arne Sorenson Social Impact Leadership Award

Posted by 21 days ago (https://www.asianhospitality.com/kong-to-receive-inaugural-arne-sorenson-social-impact-leadership-award/)

Description: DAVID KONG, THE recently retired president and CEO of Best Western Hotel Group, is the inaugural recipient of the Arne Sorenson Social Impact Leadership Award. The award, sponsored by the American Hotel & Lodging Association, the American Hotel & Lodging Foundation and The BHN Group, is named after the late Arne Sorenson, the former president and CEO of Marriott International who passed away in February. Kong will be recognized during the AHLA Foundation’s fundraising gala, the Night of a Thousand Stars on Jan. 23, as well as during the 21st Annual Americas Lodging Investment Summit in Los Angeles on Jan. 25, according to a press release from AHLA.

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Tag: David-Kong,Asian-hospitality,Best-Western-Hotel-Group,Arne-Sorenson-Social-Impact-Leadership-Award,Hospitality-industry-USA,Hotel-industry-news-USA

Patel And Merchant Join Best Western Board

Posted by 21 days ago (https://www.asianhospitality.com/patel-and-merchant-join-best-western-board/)

Description: VIRAL “VICTOR” PATEL and Mahmood “Mike” Merchant are new members of Best Western Hotels & Resorts board of directors. Patel will represent several Midwest states and Ontario, Canada, and Merchant will represent California, Nevada and Hawaii. Patel has been a member of Best Western for more than 20 years, according to the company. He has served as a governor and as the chair of the Best Western Kentucky marketing co-op, liaising between the brand and hoteliers. He is currently the owner and operator of the Best Western Corbin Inn in Corbin, Kentucky, and will represent that state as well as Illinois, Indiana, Michigan, Iowa, Minnesota and Wisconsin.

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Tag: Asian-Hospitality,Hospitality-industry-USA,Hotel-industry-news-USA,U.S-hotel-news

AAA Predicts 109 Million People Will Travel For Christmas

Posted by 22 days ago (https://www.asianhospitality.com/aaa-predicts-109-million-people-will-travel-for-christmas/)

Description: MORE THAN 109 million people are expected to travel over the Christmas and New Year’s holidays, most of them on the road as gas prices drop, according to AAA Travel. The COVID-19 Omicron variant is having an impact, primarily to lower gas prices. The number of travelers going 50 miles or more between Dec. 23 and Jan. 2 is a 34 percent increase from 2020, AAA said in its travel forecast. That extra 27.7 million people traveling brings this year’s numbers to 92 percent of 2019 levels. “Americans who canceled their vacations in 2020 want to gather with family and friends for the holidays this year, although they will still be mindful of the pandemic and the new omicron variant,” said Paula Twidale, senior vice president of AAA Travel. “With vaccines widely available, conditions are much different, and many people feel a greater level of comfort with travel.”

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Tag: AAA-Travel-Report,Asian-Hospitality,hotel-news-usa,Hospitality-industry-USA,Hotel-industry-news-USA

Tara Investments Sells Its Hyatt Place In Greenville, S.C.

Posted by 23 days ago (https://www.asianhospitality.com/tara-investment-sells-its-hyatt-place-in-greenville-s-c/)

Description: Tara Investments of Charlotte, North Carolina, recently sold its Hyatt Place in downtown Greenville, South Carolina. The deal was brokered by Hunter Hotel Advisors and Apple Hospitality REIT bought the property. Mayank Patel, Hunter’s senior vice president, oversaw the sale. Tara Investment is led by Anish Patel as managing partner.

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Tag: Tara-Investment,Asian-Hospitality,hotel-news-usa,Hospitality-industry-USA,Apple-Hospitality

DHS, DHL Add 20,000 More H-2B Visas For FY 2022

Posted by 23 days ago (https://www.asianhospitality.com/dhs-dhl-add-20000-more-h-2b-visas-for-fy-2022/)

Description: ON MONDAY, THE Department of Homeland Security and the Department of Labor authorized an additional 20,000 H-2B temporary nonagricultural worker visas for fiscal year 2022. Travel and hospitality industry associations say the authorization will help ease the ongoing labor crisis. The new visas, which permit employers to temporarily hire noncitizens to perform certain labor in the U.S., are part of the first supplemental cap the DHS and DOL have allowed for the H-2B visa program in the first half of a fiscal year, according to a press release. The visas will be set aside for U.S. employers seeking to employ additional workers on or before March 31.

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Tag: h2a-and-h2b-visa-programs,Asian-Hospitality,h2b-visa-latest-news-2021,H2B-visa-2021

CBRE forecasts recovery to 2019 levels by late 2023

Posted by 23 days ago (https://www.asianhospitality.com/cbre-forecasts-recovery-to-2019-levels-by-late-2023/)

Description: IN RECENT WEEKS, CBRE Hotels Research has revised its forecast for the hospitality industry upward in light of several factors, such as rising occupancy levels, improvement in domestic travel and some opening in international travel. Recent developments, however, including the rise of the Omicron variant of the virus that causes COVID-19, elevates the uncertainty level of those forecasts, but still the industry is expected to return to 2019 levels by the second half of 2023 rather than 2024. Hotel occupancy in the third quarter rose 35.1 percent over the previous year, according to CBRE’s December 2021 edition of Hotel Horizons. ADR also saw gains, reaching 2019 nominal levels in the third quarter.

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Tag: CBRE-forecast-2021,Asian-Hospitality,CBRE-Research,CBRE-hotel-forecast,CBRE-hotel-forecast-2021,Hotel-market-report-2021,U.S-hotel-market-report-2021

Aahoa, Ahla Create New Advocacy Group - Asian Hospitality

Posted by 24 days ago (https://www.asianhospitality.com/aahoa-ahla-create-new-advocacy-group/)

Description: WITH THE HOSPITALITY industry facing numerous issues even as the economy recovers from the COVID-19 pandemic, two major associations have formed a new partnership to address that need. AAHOA and the American Hotel & Lodging Association have created the American Hospitality Alliance advocate for hotels on state and national levels. AAHOA and AHLA announced the formation of AHA during the summer meeting of the International Society of Hotel Associations in Boston on Tuesday. The purpose of the alliance is to pool resources and streamline efforts, the associations said, and it also will work with state hotel associations.

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Tag: Asian-Hospitality,hotel-news-usa,AAHOA-hotel,AHLA,Hospitality-industry-USA

Asian Hospitality’s digital December/January issue is here! This is our last issue of 2021 and the first of 2022.

Posted by 24 days ago (https://www.asianhospitality.com/digital/issue199/)

Description: ASIAN HOSPITALITY is owned by Asian Media Group USA, whose parent company is based in London.Check out at our website for hospitality news.Get the digital issue of Asian Hospitality December/January edition and updated with all hotel and hospitality news. If you miss any updates then dont worry. Here you find all the latest hospitality news USA. So subscribe it now without delay.

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Tag: asian-hospitality-digital-edition-December,hospitality-news-usa,hotel-and-hospitality-news-usa,hospitality-industry-news-usa

Jim Alderman Leaves CEO Position At Radisson Americas

Posted by 25 days ago (https://www.asianhospitality.com/alderman-leaves-ceo-position-at-radisson-americas/)

Description: JIM ALDERMAN HAS stepped down from his position as CEO for the Americas at Radisson Hotel Group Americas “to pursue other opportunities,” the company said in a statement. Tom Buoy, Radisson’s chief commercial officer, will serve as interim CEO while the company searches for Alderman’s replacement. The company did not release details of where Alderman is going but said only that it is looking for a full-time replacement while remaining “focused on the future.” “Our plan is to continue to move forward with the vision set forth by our board and executive team to grow the company,” Buoy said. “We have an exceptional internal team of leaders focused on making Radisson Hotel Group Americas better for owners, franchisees, team members, and investors alike, and I am very confident we will continue to grow in 2022 and beyond.”

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Tag: Jim-Alderman,Asian-hospitality,Radisson-Hotel-Group-USA,Hotel-industry-news-USA

USTA Forms New Partnership To Boost Diversity And Inclusion

Posted by 25 days ago (https://www.asianhospitality.com/usta-forms-new-partnership-to-boost-diversity-and-inclusion/)

Description: THE U.S. TRAVEL Association and Tourism Diversity Matters formed a new strategic partnership to focus on issues related to diversity, equity and inclusion (DEI), a statement from USTA said. The partnership will provide USTA more access to Tourism Diversity Matters’ subject matter expertise, research and resources. Founded in 2021, Tourism Diversity Matters addresses blind spots in ethnic disparities within the tourism and events industries. It will provide these industry leaders with resources and tactics to develop more effective DEI strategies to engage, recruit and retain a diverse workforce. DEI is a core priority of USTA, the association said in a statement, and is committed to having a vital role in affecting lasting change and supporting the development of industry-wide DEI plans. The partnership will advance workforce development issues and federal policy initiatives that support travel’s recovery, the statement added.

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Tag: USTA-Diversity-and-inclusion,Asian-hospitality,USTA-leadership,Hotel-industry-news-USA

STR: ADR Up In Second Week Of December 2021

Posted by 28 days ago (https://www.asianhospitality.com/str-adr-up-in-second-week-of-december/)

Description: U.S. HOTEL PERFORMANCE increased in the second week of December, according to STR. ADR was up during the week when compared to same period in 2019. Occupancy was 57.4 percent for the week ending Dec. 11, up from 54.8 percent the week before and down by 4.8 percent for the same period in 2019. ADR for the week was $128.35, up from $127.92 the week before and increased 2.3 percent when compared to two years ago. RevPAR increased to $73.73 during the week from $70.08 for the week before but dropped 2.7 percent for the same period in 2019. Among the Top 25 Markets, Norfolk/Virginia Beach saw the only occupancy increase among STR’s top 25 markets during the week, up 4.2 percent to 55.2 percent over 2019.

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Tag: Asian-hospitality,US-Hotel-occupancy-2021,STR-report-2021,hotel-occupancy-rates-2021,Hotel-industry-news-USA

Dorothy Dowling Won HSMAI’S Albert E.Koehl Award

Posted by 28 days ago (https://www.asianhospitality.com/best-westerns-dowling-wins-hsmais-albert-e-koehl-award/)

Description: Dorothy Dowling, Best Western Hotels & Resorts’ senior vice president and chief marketing officer, received the Albert E. Koehl Lifetime Achievement Award by the Hospitality Sales and Marketing Association International. The Albert E. Koehl Award, part of HSMAI’s Adrian Awards, is given to individuals for their contributions to the advancement of hospitality marketing. Dowling has worked in the industry for 30 years and currently oversees Best Western’s loyalty program, consumer and field marketing activities, advertising, public relations and e-commerce.

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Tag: Dorothy-Dowling,Best-Western-Hotels,Asian-hospitality,Albert-E.-Koehl-Lifetime-Achievement-Award,Hotel-industry-news-USA,USA-hospitality-industry

Chirag Shah Is AHLA's New VP For Government Affairs

Posted by 29 days ago (https://www.asianhospitality.com/shah-is-ahlas-new-vp-for-government-affairs/)

Description: Chirag Shah is now the senior vice president of federal affairs for the American Hotel & Lodging Association. Previously he was AAHOA’s vice president of government affairs and counsel. In the newly created position for AHLA, Shah will develop and execute the association’s advocacy strategy on Capitol Hill and with the new Biden Administration. That includes issues such as implementation the newly passed American Rescue Plan Act and other federal stimulus programs stemming from the COVID-19 pandemic.

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Tag: Asian-Hospitality,USA-Hospitality-News,AHLA-VP,U.S-hotels,Hospitality-industry-USA,Hotel-industry-news-USA

AHLA: Supply Chain Issues Affect 86 Percent Of US Hotels

Posted by 30 days ago (https://www.asianhospitality.com/survey-supply-chain-issues-affect-86-percent-of-u-s-hotels/)

Description: MORE THAN EIGHT in ten hotels in the U.S. experienced difficulties in operations due to supply chain disruptions, according to a survey. Nearly three in four hotel operators say the disruptions are negatively impacting their business revenue. The American Hotel & Lodging Association conducted the survey among more than 500 AHLA members during Nov. 8 to 22. More than half, 52 percent, of respondents said that the problem became worse over the past three months, and 74 percent said supply chain issues are having a negative impact on business revenue. The impact on operations could have repercussions for employment, underscoring the need for targeted federal relief for hotel employees, such as the Save Hotel Jobs Act, according to AHLA.

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Tag: Asian-hospitality,AHLA-survey,supply-chain-issues-2021,Global-supply-chain-issues,U.S-hotels,Hospitality-industry-USA

Kentucky Hotelier Describes Night Of Tornado Terror

Posted by 40 minutes ago (https://www.asianhospitality.com/kentucky-hotelier-describes-night-of-tornado-terror/)

Description: AT 1 A.M. SATURDAY, Paresh Desai and his family were safe in bed in their apartments at the Cardinal Motel in Mayfield, Kentucky, where they had lived for 22 years. One hour later, they were fighting for their lives as a historic system of tornadoes tore the roof off the entire building. The storm, now believed to have killed 88 people across five states according to media reports, came without warning, Desai said. He was with his wife, Mitali, who is seven months pregnant, their 16-year-old daughter and his mother and father, both in their 70s. It came out of the dark Around 1:30 a.m., Desai received an alert for the severe weather, so he woke up and began watching as the storm worsened. Then he went to wake the others, starting with his wife.

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Tag: Kentucky-Hotelier,tornadoes-in-usa-today,Asian-hospitality,usa-tornadoes,usa-today,usa-news-now

STR: U.S. Occupancy Up In First Week Of December

Posted by 1 days ago (https://www.asianhospitality.com/str-u-s-occupancy-up-in-first-week-of-december/)

Description: U.S. HOTEL OCCUPANCY increased in the first week of December, according to STR. But, all performance metrics were lower during the week when compared to same period in 2019. Occupancy was 54.8 percent for the week ending Dec. 4, up from 53 percent the week before and down from 8.8 percent for the same period in 2019. ADR for the week was $127.92, down from $128.41 the week before and decreased 0.5 percent when compared to two years ago. RevPAR increased to $70.08during the week from $68 for the week before but dropped 9.2 percent for the same period in 2019.

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Tag: Asian-hospitality,STR-report-2021,US-hotel-pipeline,2021-hotel-occupancy-rates,Hotel-statistics-2021,hospitality-news,hotel-news-USA

At least 70 dead in tornadoes in several states

Posted by 1 days ago (https://www.asianhospitality.com/at-least-70-dead-in-tornadoes-in-several-states/)

Description: THE DEATH TOLL from a series of tornadoes that tore through several states, with some of the most severe damage in Kentucky, is expected to top 100. In response, AAHOA is urging its members to lend a hand to relief efforts. In Kentucky, at least 70 people were killed as the storms churned through Friday night and into Saturday, according to local media reports. About 110 people were trapped in a Mayfield, Kentucky, candle factory when the tornado hit.

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Tag: tornadoes-in-usa-today,Asian-hospitality,usa-tornadoes,usa-today,usa-news-now

Banyan Group Announces Initial Closing Of $20 Million Fund

Posted by 4 days ago (https://www.asianhospitality.com/banyan-group-announces-initial-closing-of-20-million-fund/)

Description: HOTEL INVESTMENT AND management company Banyan Investment Group announced the initial closing of $20 million Banyan Lodging Enhanced Value Fund, also known as BLEV or “Believe.” The fund gives investors an opportunity to purchase hotels that have been impacted by the COVID-19 pandemic, a statement said. The group said that the first Closing delivered more than half of capital sought to acquire pandemic-impacted hotels. According to prospective investors, BLEV will reach its $35 million hard cap early next year, well before the formal end of its offering period.

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Tag: Banyan-Investment-Group,Banyan-Group-Florida,Asian-hospitality,hospitality-industry-usa,hospitality-news-USA

Baird/STR Index fell 7.6 percent in November

Posted by 4 days ago (https://www.asianhospitality.com/baird-str-index-fell-7-6-percent-in-november/)

Description: HOTEL STOCK PRICE volatility dragged the Baird/STR Hotel Stock Index in November. Both the hotel brands and hotel REITs significantly underperformed their respective benchmarks during the month. The Baird/STR index fell 7.6 percent during the month from October. However, it was up 11.5 percent year to date through the first 11 months of 2021. The index rose 6.8 percent during October compared to September.

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Tag: baird/str-hotel-stock-index,Asian-hospitality,U.S-hotel-news,Hotel-occupancy-rates-2021,STR-report

Newcrestimage Buys Historic Magnolia Hotel In Dallas

Posted by 4 days ago (https://www.asianhospitality.com/newcrestimage-buys-historic-magnolia-hotel-in-dallas/)

Description: AS THE FIRST investment for its recently announced $100 million real estate fund, NewcrestImage has purchased the Magnolia Hotel in downtown Dallas. The company, which is based in Dallas, purchased the historic building from Denver-based Stout Street Hospitality. Opened in 1922 as the headquarters offices for Magnolia Petroleum, the 325-room, 29-floor Magnolia Hotel was the city’s first skyscraper and the first high-rise in the United States to have air conditioning. It is listed on the National Register of Historic Places and opened as a luxury boutique hotel in 1999.

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Tag: Newcrestimage,Asian-Hospitality,Magnolia-Hotel,hospitality-news-USA,hotel-and-hospitality-industry-news

Cua -VP Of Business Development For Peachtree Hotel Group

Posted by 5 days ago (https://www.asianhospitality.com/cua-is-vp-of-business-development-for-peachtree-hotel-group/)

Description: Jamey Cua is the new vice president of business development for Peachtree Hotel Group’s hotel operations and management division. Cua will oversee expansion of the Atlanta-based company’s third-party management partnerships. Peachtree Hotel Group is led by Managing Principals Mitul Patel and Jatin Desai and CEO Greg Friedman.

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Tag: Jamey-Cua,Asian-Hospitality,Peachtree-Hotel-Group,hospitality-industry-usa,hotel-and-hospitality-usa

Prigmore Joins The Board For Castell Project

Posted by 5 days ago (https://www.asianhospitality.com/prigmore-joins-the-board-for-castell-project/)

Description: Tracy Prigmore is the new member of the board of directors for the Castell Project, a not-for-profit that promotes women in the hospitality industry. She is the founder of real estate and development firm TLTsolutions. In 2019, Prigmore began “She Has A Deal,” a competition designed to increase hotel ownership and development by women by providing education, networking and investing opportunities. The competition’s pitch challenge creates a network of women hotel owners and developers. Vinay Patel, AAHOA vice chairman and president of Fairbrook Hotels in Chantilly, Virginia, is on the advisory board for “She Has a Deal.”

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Tag: Tracy-Prigmore,Asian-hospitality,Castell-Project,hospitality-industry-usa,hotel-and-hospitality-usa

Peachtree Hotel Group Acquires Two Florida Hotels

Posted by 6 days ago (https://www.asianhospitality.com/peachtree-hotel-group-acquires-two-florida-hotels/)

Description: PEACHTREE HOTEL GROUP recently acquired two upscale hotels in Florida. They are the 207-key AC Hotel Miami Aventura and the 233-key Aloft Miami Aventura, in Aventura, Florida, outside Miami. With these recent acquisitions, Atlanta-based Peachtree, led by partners Bimal Patel, Hiten Suraj and Rupesh Patel, has acquired approximately $2 billion in hotel assets this year. The company expects to continue making opportunistic hotel acquisitions amid the current hospitality recovery cycle.

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Tag: Peachtree-Hotel-Group,Asian-Hospitality,hotel-news-USA,Hotel-industry-news-Today,Hotel-acquisitions-2021

Highland Group: U.S. Extended-Stay Hotels Down In October

Posted by 6 days ago (https://www.asianhospitality.com/highland-group-slight-decline-in-u-s-extended-stay-hotels-performance-in-october/)

Description: MOST RECOVERY INDICES of U.S. extended-stay hotels declined slightly in October compared to the month before, according to hotel investment advisors Highland Group. Economy extended-stay hotels continue to lead the RevPAR recovery during the month with a 20 percent gain over the same period two years ago. The mid-price segment has more than recovered RevPAR every month since July and upscale extended-stay hotels continue to lag mainly due to the relatively high concentration of rooms in urban locations, according to “U.S. Extended-stay Hotels Bulletin: October 2021” report from to The Highland Group. According to the report, the 4 percent increase in extended-stay room supply in October was the lowest monthly gain in 2021. Mid-price and upscale supply growth should be well below pre-pandemic levels in the near future as the impact to supply growth from reopening hotels closed during the pandemic is almost over, the report added.

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Tag: Highland-Group,Asian-Hospitality,U.S-extended-stay-hotels,hospitality-news-USA,hotel-and-hospitality-usa,US-hotels-news

HotStats: Omicron Variant Could Derail Hotels Recovery

Posted by 7 days ago (https://www.asianhospitality.com/hotstats-omicron-variant-could-derail-hotel-industrys-recovery/)

Description: THE OMICRON COVID-19 variant could derail the hotel industry’s fledgling recovery if countries like the U.S. move forward to tighten testing policies, according to HotStats. Future hotel bookings, meetings and other hotel-related activity will be impacted by the expectation of travel impediments, whether self-imposed, company-imposed or government-mandated, it added. In the U.S., major indices were still down double digits in October 2021 compared to same month two years ago, according to a blog post by HotStats.

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Tag: Asian-hospitality,US-hotel-performance-2021,Hotel-occupancy-forecast-2021,hospitality-news-USA

STR: U.S. Hotel Profits Up In October From Previous Month

Posted by 7 days ago (https://www.asianhospitality.com/str-u-s-hotel-profits-up-in-october-from-previous-month/)

Description: PROFITS ROSE IN October for U.S. hotels on a month-to-month basis, according to STR. However, the numbers are still down versus 2019, indicating a bump in the road to recovery. GOPPAR for the month was $62.75, according to STR’s monthly P&L data release, up from $46.29 in September. TRevPAR for the month was $165.03, compared to $140.94 the month before, and EBITDA PAR was $44.14, up from $30.47 in September. At the same time, labor costs also rose from $47.50 the previous month to $52.17 in October. Estimated industrywide gross operating profit was 89 percent of October 2019 levels, after coming in at 97 percent in September. Labor costs reached 91 percent of pre-pandemic comparables in October after reaching a high of 96 percent in September.

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Tag: U.S-hotel-news,STR-U.S-hotel-forecast,Asian-hospitality,STR-forecast,Hotel-occupancy-forecast-2021

Jay Pricher is Best Western’s general counsel

Posted by 11 days ago (https://www.asianhospitality.com/pricher-is-best-westerns-general-counsel/)

Description: Jay Pricher is the new general counsel for Best Western Hotels & Resorts. He succeeds Larry Cuculic into the role after Cuculic was named Best Western’s president and CEO in October. Previously, Pricher was the company’s vice president of legal, according to a press release. Prior to joining Best Western, he was vice president and associate general counsel for Financial American Corp., a real estate focused private equity firm. Pricher has a bachelor’s degree in legal studies and politics from the University of California, Santa Cruz and a juris doctor degree from UC’s Hastings College of the Law. He also holds a Master of Business Administration from the W.P. Carey School of Business at Arizona State University, with an emphasis on International Finance.

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Tag: Asian-hospitality,Best-Western-General-counsel,Best-Western-owner,hotel-industry-USA,hospitality-news-USA,hotel-and-hospitality-usa

PwC:ADR likely to drive RevPAR in 2022 close to 2019 levels

Posted by 11 days ago (https://www.asianhospitality.com/pwc-adr-likely-to-drive-revpar-in-2022-close-to-2019-levels/)

Description: OCCUPANCY AND ADR in U.S. hotels will continue to grow in 2022, with a year-over-year rebound in RevPAR of 14.4 percent, around 93 percent of pre-pandemic levels, according to PwC. Meanwhile, ADR in the third and fourth quarter of 2022 is expected to surpass comparable 2019 levels. The near-term outlook for the U.S. lodging sector by PwC, titled U.S. Hospitality Directions: November 2021 has said that the vast majority of temporarily-closed hotels will have reopened and demand growth, particularly from individual business travelers and groups, will improve if infection rates continue to drop in 2022.

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Tag: Asian-hospitality,U.S-hotel-performance-2021,Hotel-occupancy-forecast-2021,PwC-hotel-forecast-2022

Red Carpet Inn Acquired By New York Hotelier

Posted by 12 days ago (https://www.asianhospitality.com/new-york-hotelier-acquires-red-carpet-inn-plans-to-take-it-independent/)

Description: RUDRA MANAGEMENT, LED by Jayesh Patel, recently acquired an old Red Carpet Inn in Tonawanda, New York, with plans to reposition it as an independent hotel. Those plans depend, to some extent, on reopening the nearby Canada-U.S. border, but Patel said the delay on that reopening is better than risking a resurgence in the COVID-19 pandemic. Patel, whose Cheektowaga, New York, company already owns more than 50 hotels, acquired the hotel for $1.125 million through Gurusaheb LLC from Haripriya Inc., according to local media. Milan Patel, also with Rudra Management, helped arrange the deal.

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Tag: Rudra-management,Red-Carpet-Inn,Asian-Hospitality,hospitality-news-USA,US-hotels-news,hotel-industry-USA

Report :Labor Day And Thanksgiving Among Top U.S. Holidays

Posted by 13 days ago (https://www.asianhospitality.com/report-labor-day-and-thanksgiving-among-top-u-s-holidays/)

Description: TRAVELERS ACROSS THE world are increasingly opting for short-haul destinations and making last-minute bookings over planned trips, according to a report from OYO Rooms. With a steady rise in vaccination coverage, combined with the easing of restrictions across regions, travelers have embraced the spirit of travel wholeheartedly, especially during holidays and festive long weekends. Oyo’s Mid Season Global Holiday Trends 2021 report said that Labor Day in U.S., Gandhi Jayanthi in India, Ascension Day in Europe and Summer Holidays in UK were the most popular holidays among travelers this year.

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Tag: oyo-room-reports,u.s-holidays-2021,Asian-Hospitality,hospitality-news-USA,holiday-travel-usa

Surestay Plus opens in Odessa, Texas - Asian Hospitality

Posted by 13 days ago (https://www.asianhospitality.com/surestay-plus-opens-in-odessa-texas/)

Description: The SureStay Plus Hotel by Best Western Odessa in Odessa, Texas, is now open. It is owned by Shivbkrishna LLC led by Manish Bhakta. The 110-room hotel is near the Odessa Meteor Crater, the second largest meteor crater in the U.S., the Parker House Ranching Museum and Monahans Sandhills State Park. Amenities include a fitness center, indoor pool and two different spaces for meetings and events. “Our fully-renovated hotel offers the most value and best service for both business and leisure travelers staying in Odessa,” Bhakta said.

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Tag: Surestay-Plus-Hotel,Asian-hospitality,Hospitality-news-2021,SureStay-Plus-Hotel-by-Best-Western,hospitality-news-USA

Nexgen Acquires Springhill Suites In Chicago

Posted by 15 days ago (https://www.asianhospitality.com/nexgen-acquires-springhill-suites-in-chicago/)

Description: NEXGEN HOTELS HAS acquired the SpringHill Suites by Marriott Chicago Bolingbrook in Chicago. The company, led by Chris Patel as principal, plans to fully renovate the hotel. The 82-suite hotel is in Bolingbrook a suburb of Chicago, near Chicagoland Speedway, Harrah’s Casino, The Promenade at Bolingbrook, Pelican Harbor Indoor/Outdoor Aquatic Park, downtown Chicago and other shopping, dining and entertainment businesses.

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Tag: NexGen-Hotels,Asian-hospitality,Hospitality-news-2021,hotel-and-hospitality-usa,latest-hospitality-news-usa,US-hotels-news

Omicron Variant Concerns Lead To U.S. Travel Restrictions

Posted by 16 days ago (https://www.asianhospitality.com/concerns-about-omicron-variant-lead-to-some-u-s-travel-restrictions/)

Description: OMICRON, THE LATEST COVID-19 variant of concern, led to new restrictions on some international travel over the Thanksgiving weekend. Members of the travel industry are urging federal officials to be cautious, but not to impose bans that they say will not stop the spread of the new variant. On Nov. 26, the World Health Organization issued new guidance on the Omicron variant, which emerged out of South Africa. Researchers are still investigating the variant’s transmissibility, severity and the effectiveness of current vaccines against it.

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Tag: Omicron-variant,Asian-Hospitality,u.s-travel-restrictions-by-country,hotel-industry-USA,hospitality-news-USA

Holiday Inn Express Reaches 3,000 Hotels

Posted by 16 days ago (https://www.asianhospitality.com/holiday-inn-express-reaches-3000-hotels/)

Description: HOLIDAY INN EXPRESS brand from IHG Hotels & Resorts has reached a milestone of more than 3,000 hotels across the globe, a statement said. The brand accounts for more than a third of IHG’s global pipeline, and nearly 650 properties are expected to open in the coming years. According to the statement, Holiday Inn Express opened 100 new hotels every year and now offers 300,000 rooms in 2100 cities. Columbus, Georgia-based RAM Hotels, owns four Holiday Inn Express properties and Mitesh “Matt” Patel, executive vice president, described it as a power brand.

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Tag: Holiday-Inn-Express,Holiday-Express-Hotel,Asian-Hospitality,Holiday-Inn-Express-and-Suites,Holiday-Inn-UK,IHG-Hotels-&-Resorts,hotel-industry-USA

STR: U.S. Hotels Closer To 2019 Levels In 3rd Week Of Nov

Posted by 16 days ago (https://www.asianhospitality.com/str-u-s-hotels-closer-to-pre-covid-levels-in-third-week-of-november/)

Description: U.S. HOTEL PERFORMANCE moved closer to pre-pandemic levels during the third week of November according to STR. It dipped, however, from the week before. Occupancy was 59.7 percent for the week ending Nov. 20, down from 61.6 percent for the week before and a slight decrease of 2.1 percent from the same period two years ago.

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Tag: STR-U.S-hotel-performance-2021,Asian-Hospitality,STR-hotel-forecast-2022,str-report,str-report-hotel,Hotel-occupancy-rates-2021,STR-hotel-occupancy

Radisson Hotel Opens In Grand Rapids, Michigan

Posted by 19 days ago (https://www.asianhospitality.com/radisson-hotel-opens-in-grand-rapids-michigan/)

Description: The Radisson Hotel Grand Rapids Riverfront is open in Grand Rapids, Michigan. It was developed by GR Hospitality of Jenison, Michigan. The 162-room hotel overlooks the Grand River and is near the DeltaPlex Arena and Conference Center and the Gerald R. Ford International Airport. Hotel amenities include a heated indoor pool and hot tub, its onsite restaurant River Rock Restaurant & Lounge and a ballroom that can accommodate up to 180 guests.

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Tag: Radisson-Hotel-Grand,Asian-Hospitality,hotel-and-hospitality-news,hotel-industry-USA

Hyatt House Opens In Beaverton ,Oregon - Asian Hospitality

Posted by 19 days ago (https://www.asianhospitality.com/hyatt-house-opens-in-beaverton-oregon/)

Description: The Hyatt House In Beaverton, Oregon, is now open. It is a joint venture developed by NewcrestImage led by Mehul Patel as chairman and CEO and Canterbury Hotel Group led by Arvind Patel as CEO. The 125-room, 5-floor extended-stay Hyatt House by NewcrestImage is near Beaverton’s city hall, the 550-seat Patricia Reser Center for the Arts, the Tualatin Valley and Cooper Mountain Nature Park. Also close are corporate headquarters for Nike, Reser’s Fine Foods and optics manufacturer Leupold & Stevens. Hotel amenities include a 635-sq. ft. meeting room, two indoor lounges and an outdoor patio and BBQ area. It is the first joint venture by NewcrestImage and Canterbury Hotel Group.

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Tag: Hyatt-House,Asian-Hospitality,hotel-and-hospitality-news,Hyatt-House-Beaverton,Hyatt Oregon

New prototypes, renovation program unveiled at AAHOACON 2021 - Asian Hospitality

Posted by 19 days ago (https://www.asianhospitality.com/new-prototypes-renovation-program-unveiled-at-aahoacon-2021/)

Description: THREE LARGE HOTEL companies took advantage of last week’s 2021 AAHOA Convention & Trade Show at the Kay Bailey Hutchison Convention Center in Dallas to announce new brand prototypes and refurbishments. They include two new extended-stay concepts and investments in existing midscale brands. Red Roof Inn introduced its new HomeTowne Studios prototype that the company said features a cost-effective development footprint, and a layout that offers improved operational efficiency. Also, G6 Hospitality, parent company for Motel 6 and Studio 6, introduced its Studio 6 Suites to meet what it sees as increased demand of extended-stay brands.

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Tag: AAHOA-Convention-&-Trade-Show-2021,Asian-Hospitality,hotel-industry-USA-news,hotel-and-hospitality-industry-news

HVS: Hospitality Industry Should Re-Focus On Staffing

Posted by 19 days ago (https://www.asianhospitality.com/hvs-hospitality-industry-should-re-focus-on-staffing-challenges/)

Description: THE HOSPITALITY INDUSTRY needs to re-focus its efforts to meet future staffing requirements if it is to increase interest by job seekers, according to consulting firm HVS. At the moment, the hospitality industry is a jobseeker’s market and likely to stay that way for the next year or two. Hence, industry leaders should adapt to survive, said Court Williams, CEO of HVS Executive Search in New York in an article titled ‘How to Resolve the Current State of Emergency in Hospitality Employment’. Williams stated that “successful recovery from the pandemic will depend on revising every aspect of sourcing, attracting, compensating, incentivizing, and retaining workers.”

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Tag: Asian-hospitality,Hospitality-management-jobs,hospitality-industry,hotel-and-hospitality-industry-news,Hotel-industry-news-USA

Wayside, Iridescent Partner On Managing Two Hotels

Posted by 20 days ago (https://www.asianhospitality.com/wayside-iridescent-partner-on-managing-two-hotels/)

Description: WAYSIDE INVESTMENT GROUP of Houston and Iridescent Hotels of Dallas are partnering on the management of two hotels in San Antonio, Texas, and Houston. Both companies are relatively new ventures by established hoteliers. The hotels are the 126-room Hyatt Place San Antonio-Northwest/Medical Center and the 113-room Holiday Inn Houston West – Westway Park, and the hotels’ new owners are also based in Houston. The Hyatt Place is near San Antonio International Airport, several company headquarters, medical centers and the University of Texas at San Antonio. The Holiday Inn is near USA Baseball, Memorial City Mall, Houston’s Energy Corridor, the Galleria, Downtown Houston, Reliant Park and Minute Maid Park.

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Tag: Wayside-investment-group,Asian-Hospitality,hotel-and-hospitality-industry-news,Hotel-industry-news-USA

HIG To Develop Home2 In San Marcos, California

Posted by 20 days ago (https://www.asianhospitality.com/hig-to-develop-home2-in-san-marcos-ca/)

Description: HOTEL INVESTMENT GROUP has purchased the property in San Marcos, California, on which they will build a Home2 Suites by Hilton. The San Diego-based company is led by Darshan Patel as CEO. Construction on the 110-room Home2 Suites is slated to begin in summer 2022 at the 1.66-acre property and is estimated to be complete by late 2023. It will be pet-friendly with a pool, fitness center and ?? square feet of meeting rooms.

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Tag: Hotel-investment-group,HIG,Asian-Hospitality,Home2-Suites,Asian-hospitality-magazine,Hotel-investment-Partners,Hotel-investment-funds

Newcrestimage Oopens AC Hotel In Phoenix- Asian Hospitality

Posted by 21 days ago (https://www.asianhospitality.com/newcrestimage-opens-ac-hotel-in-phoenix/)

Description: The AC Hotel by Marriott At Arizona Center is open in Phoenix, Arizona. It is a joint venture between Dallas-based NewcrestImage, led by Mehul Patel as chairman and CEO, and Las Vegas-based LaPour Partners. The 199-room, 13-floor boutique hotel is the first joint venture between NewcrestImage and LaPour Partners. It is in Arizona Center, a million square-foot mixed use development. Nearby attractions include the Phoenix Convention Center, the state capital complex, Phoenix Suns Arena and Chase Field, Arizona State University Downtown and the University of Arizona College of Pharmacy.

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Tag: NEWCRESTIMAGE,Asian-hospitality,hospitality-news-USA,hotel-and-hospitality-industry-news

Two Vision Hospitality Hotels Win ‘Stayboutique Awards’

Posted by 21 days ago (https://www.asianhospitality.com/two-vision-hospitality-boutique-hotels-win-stayboutique-awards/)

Description: TWO BOUTIQUE HOTELS owned by Vision Hospitality Group, The Grady Louisville Downtown in Louisville, Kentucky, and the Kinley Cincinnati Downtown in Cincinnati, have won different categories of this year’s StayBoutique Awards by the Boutique Lifestyle Leaders Association. Mitch Patel, the Chattanooga, Tennessee-based company’s president and CEO, was a runner up for BLLA’s Iconic Boutique Hotelier.

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Tag: Vision-Hospitality-Group,Asian-Hospitality,Hotel-industry-news-Today,hospitality-news-USA,hotel-and-hospitality-industry-news

AHLA:Most Americans Will Not Travel Thanksgiving, Christmas

Posted by 22 days ago (https://www.asianhospitality.com/ahla-most-americans-will-not-travel-for-thanksgiving-or-christmas/)

Description: THE COVID-19 PANDEMIC may be waning, but other factors are leading many people to stay home this holiday season, according to a survey commissioned by the American Hotel & Lodging Association and conducted by Morning Consult. High gas prices are a major reason given for opting out of Thanksgiving and Christmas journeys. AHLA’s survey found that only 29 percent of Americans are likely to travel for Thanksgiving and 33 percent are likely to travel for Christmas. That is still a 21 percent and 24 percent increase respectively from 2020. The survey questioned 2,200 adults between Oct. 30 to Nov. 1.

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Tag: AHLA-survey,Asian-hospitality,thanksgiving-2021,holiday-travel-thanksgiving,holiday-travel-usa

Restoring Brand USA Act Passes Committee - Asian Hospitality

Posted by 22 days ago (https://www.asianhospitality.com/restoring-brand-usa-act-passes-committee/)

Description: The Restoring Brand USA Act took another step toward passage, clearing the U.S. House Committee on Energy and Commerce. The bill would renew the program aimed at promoting international travel to the U.S. Brand USA has generated $56 billion to the U.S. economy since 2013 and supported more than 45,000 jobs each year, according to Rep. Gus Bilirakis of Florida, a sponsor of the bill. The program is funded by international visitors and private contributions, and the decline in international travel during the COVID-19 pandemic has led to a loss of that funding, Bilirakis said. The bill would direct the Treasury Department to allow this program to access critical resources, funded by foreign traveler visa fees, for the next few years.

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Tag: Brand-USA-News,Asian-Hospitality,Brand-USA-Travel-Week-2021,Brand-USA-Global-Marketplace,hospitality-news-USA,Hotel-industry-news-Today

Samaj Saves Lives ambassador at fallen policeman’s funeral

Posted by 23 days ago (https://www.asianhospitality.com/samaj-saves-lives-ambassador-speaks-at-fallen-policemans-funeral/)

Description: HENRY COUNTY, GEORGIA, Police Officer Paramhans Desai gave his life in the line of duty. In his case, he continued giving even after his death. Desai was an organ donor, but his legacy will go beyond even that act of generosity, thanks to Samaj Saves Lives, a volunteer group dedicated to promoting organ donation nationwide. Jayantilal “Jerry” Patel, a Samaj Saves Lives Ambassador and Mississippi-based hotelier, spoke at the officer’s funeral along with the deceased’s sister Divya Desai.

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Tag: Samaj-Saves-Lives,Asian-hospitality,Hotel-industry-news-Today,hospitality-news-USA

Thanksgiving travel in U.S. to rebound this year :Reports

Posted by 23 days ago (https://www.asianhospitality.com/reports-thanksgiving-travel-in-u-s-to-rebound-this-year/)

Description: A HUGE SURGE is expected in Thanksgiving travel this year compared to last year when the COVID-19 pandemic was still active, according to two reports. Recovery of air travel, lifting of restrictions and increase in consumer confidence are cited as reasons behind this spike in travel this week. This year’s forecast marks the highest single-year increase in Thanksgiving travelers since 2005, bringing travel volumes close to pre-pandemic levels in 2019, according to AAA Travel. As many as 53.4 million people are expected to travel for the Thanksgiving holiday, up 13 percent from 2020. This brings travel volumes within 5 percent of pre-pandemic levels in 2019.

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Tag: Thanksgiving-Travel-In-U.S.,Asian-hospitality,Thanksgiving-travel-2021-COVID,Holiday-travel-2021-COVID

STR Predicts Strong Weekend Performance For Nashville, TN

Posted by 26 days ago (https://www.asianhospitality.com/str-report-predicts-strong-weekend-performance-for-nashville-tn/)

Description: WEEKENDS, ESPECIALLY FRIDAYS, are the top occupancy nights in Nashville, Tennessee, according to STR‘s new Forward STAR. Nashville is the first active U.S. market for Forward STAR, which allows hotels to benchmark future occupancy on the books against the marketplace. The Tennessee capitol also sees high levels of pickup, showing shorter booking windows are popular in the city, according to the report. “Nashville currently shows zero nights in December with occupancy on the books of 70 percent or higher,” STR said in the report. “In December 2019, eight such nights actualized. The Groundwater Week Dec. 13 to 15 is pushing these three weekday nights to levels comparable to weekends as thousands of professionals from all sectors of the groundwater industry are expected to participate in the event.”

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Tag: Hotel-occupancy-rates-data,Asian-Hospitality,STR-hotel-occupancy-data,Hotel-occupancy-rates-2021,STR-hotel-occupancy

Peachtree Hotel Group Acquires Two California Hotels

Posted by 26 days ago (https://www.asianhospitality.com/peachtree-hotel-group-acquires-two-california-hotels/)

Description: PEACHTREE HOTEL GROUP has acquired two hotels in California as part of a joint venture partnership with Verakin Capital. The group’s Peachtree Hospitality Management division will operate the properties. The hotels are the 81-room Hampton Inn & Suites and the 60-room La Bellasera Hotel & Suites, in Paso Robles, California. It is the first joint venture between Peachtree, led by Jatin Desai and Mitul Patel, and Verakin Capital, led by partners Bimal Patel, Hiten Suraj and Rupesh Patel.

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Tag: Peachtree-Hotel-Group,Asian-Hospitality,hotel-news-USA,Hotel-industry-news-Today,hotel-and-hospitality-industry-news

Amerivu Adds Two Wisconsin Hotels - Asian Hospitality

Posted by 26 days ago (https://www.asianhospitality.com/amerivu-adds-two-wisconsin-hotels/)

Description: TWO HOTELS HAVE converted to the AmeriVu brand founded in 2015 by Wisconsin hotelier Nick Rai. Rai said the company’s continued expansion despite the current economic downturn is because of its affordable business model. The hotels are both in Wisconsin. They are a 50-room former Super 8 in Shawano, about 40 miles northwest of Green Bay, and a 47-room former independent in Saint Croix, about 55 miles northeast of Minneapolis-St. Paul. “In today’s financial environment, owners are drawn to our unlimited free online reservations and our modest $20 per room per month royalty / marketing charge,” said Rai, who now is CEO of Vishav Hotels. “Also popular is our yearly exit opportunity and that we have few mandated amenities.”

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Tag: Amerivu-hotel,Wisconsin-hotels,hotel-and-hospitality-news-USA,Asian-Hospitality,Hotel-industry-news-Today

Radisson Hotel Opens In Sacramento, CA - Asian Hospitality

Posted by 27 days ago (https://www.asianhospitality.com/radisson-hotel-opens-in-sacramento-ca/)

Description: The Radisson Hotel West Sacramento is open in Sacramento, California. It was developed by 365 Hospitality and West Sacramento Hospitality, led by Ankit Panchal as CEO and managing member respectively. The 140-room hotel near Sacramento International Airport underwent an extensive renovation converting to a Radisson, including the lobby, atrium, fitness center and restaurant. Nearby attractions include River Walk Park along the Sacramento River, the Crocker Art Museum, the California Highway Patrol Academy, the California Department of General Services and several other company headquarters.

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Tag: Radisson-Hotel-West-Sacramento,hotel-and-hospitality-news-USA,Asian-Hospitality,West-Sacramento-Riverfront-hotel,Hotels-in-Sacramento,Hotel-industry-news-Today

Red Roof Holds Regional Meeting In Dallas 2021

Posted by 27 days ago (https://www.asianhospitality.com/red-roof-holds-regional-meeting-in-dallas/)

Description: HUNDREDS OF RED Roof franchisees gathered for the company’s 2021 regional meeting in Dallas. It was part of a “Look & Listen” tour for Red Roof’s newly appointed President George Limbert, and it provided a snapshot of the company’s future. Limbert and other company executives addressed the crowd of hotel owners during the conference at the Gaylord Texan Resort & Convention Center. Topics included updates on the company’s new HomeTowne Studios prototype, launched in August during the 2021 AAHOA Convention & Trade Show, that the company said is more cost-effective to develop with improved operational efficiency.

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Tag: red-roof-franchisees,Asian-Hospitality-news,hotel-and-hospitality-industry-news-USA,Red-Roof-Inn-Dallas-Texas,Hotel-industry-news-Today

Report : U.S. Extended-Stay Hotels Saw All-Time Highs In Q3

Posted by 28 days ago (https://www.asianhospitality.com/report-u-s-extended-stay-hotels-saw-all-time-highs-in-third-quarter/)

Description: XTENDED-STAY HOTELS in the U.S. had a very strong third quarter as performance across several metrics set all-time highs, especially for economy and mid-price segments, according to a report from hotel investment advisors The Highland Group. The upscale segment, which is lagging the overall hotel industry recovery, set a new third quarter record for room revenue this year. The three extended-stay segments saw record highs in 14 different metrics including demand, occupancy, ADR and RevPAR in the third quarter, excluding room supply, the U.S. Extended-Stay Hotels: Third Quarter 2021 report said.

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Tag: U.S-extended-stay-hotel,Asian-hospitality,U.S-hotel-market,us-hotel-market-report-2021,U.S-hotel-industry-statistics,Hotel-occupancy-rates-2021

Hyatt House Opens In Aurora, Co - Asian Hospitality

Posted by 29 days ago (https://www.asianhospitality.com/hyatt-house-opens-in-aurora-co/)

Description: The Hyatt House Denver/Aurora is now open in Aurora, Colorado. It is owned by with Chattanooga based Vision Hospitality Group, led by Mitch Patel president and CEO, and BMC Investments Co., LLC. The 140-room extended-stay hotel is nearthe Anschutz Medical Campus, Children’s Hospital Colorado, Rocky Mountain Regional VA Medical Center, minutes from Buckley Air Force Base, Aurora Sports Park, Aurora Reservoir and it is 17 miles from Denver International Airport.

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Tag: Hyatt-House-Denver,Asian-Hospitality,hospitality-industry-news,hotel-brand-news-USA,hotel-and-hospitality-industry-news,Hotel-market-News

Maya Hotels hold grand opening for NC Aloft hotel - Asian Hospitality

Posted by 29 days ago (https://www.asianhospitality.com/maya-hotels-hold-grand-opening-for-nc-aloft-hotel/)

Description: Nearly six months after opening its doors, the Aloft Mooresville in Mooresville, North Carolina, made it official. Maya Hotels, led by co-founders J.D. Deva and Baldev Thakor, held its grand opening for the property on May 28. Local officials, including Mayor Miles Atkins, Mayor Pro Tem Lisa Qualls, Commissioner Thurman Houston, and Commissioner Gary West, attended the event at the 128-room hotel that actually opened in December. There was live music and special cocktails at the hotel bar.

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Tag: Maya-Hotels,Asian-Hospitality,NC-Aloft-Hotel,hospitality-industry-news-USA,hotel-news-USA,hotel-and-hospitality-industry-news

Survey: Travelers less concerned for safety from pandemic

Posted by 29 days ago (https://www.asianhospitality.com/survey-travelers-are-less-concerned-for-safety-from-pandemic/)

Description: AS COVID-19 FEARS subside, travelers are significantly less concerned about safety during travel, driving a significant rebound in travel activity, according to a survey by travel risk and crisis response provider Global Rescue. Most are vaccinated, or have recently recovered from COVID-19. The 2021 fall Global Rescue Traveler Sentiment and Safety Survey revealed that nearly 86 percent of travelers have taken domestic trips, and 42 percent have traveled internationally, since the start of the pandemic last year. The survey was conducted among more than?1,500?of?the firm’s current and former?members?between Oct. 26 to 30, 2021.

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Tag: impact-of-covid-19-on-travel-and-tourism-industry,Asian-Hospitality,hospitality-industry-news-USA,hotel-news-USA,hotel-and-hospitality-industry-news

Noble Investment Group Fills Three Executive Positions

Posted by 30 days ago (https://www.asianhospitality.com/noble-investment-group-fills-three-executive-positions/)

Description: Noble Investment Group has made three new appointments to its senior management lineup. They are Ben Brunt as chief investment officer, Jim Conley as chief compliance officer, and George Dabney as chief financial officer, and all three are principals, too. Noble, based in Atlanta and led by Mit Shah as CEO, is beginning its 28th year of operation. Brunt, who joined Noble in 2005, succeeds Rodney Williams, who retired as CIO in December. Williams will continue to serve on the firm’s investment committee as a senior advisor.

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Tag: Noble-Investment-Group,Noble-Investment-Group-hotels,Asian-Hospitality,hospitality-industry-news-USA,hotel-news-USA

Merali Is President And Partner At Stonebridge Cos.

Posted by 30 days ago (https://www.asianhospitality.com/merali-is-president-and-partner-at-stonebridge-cos/)

Description: Aly-khan S. Merali is now president and managing partner of Stonebridge Cos. in Denver. Founder Navin C. Dimond will remain CEO and will assume chairman duties for the company. Previously, Merali was president and chief financial officer of Turnberry Associates since 2013, according to Stonebridge. Prior to that, he was executive vice president and head of acquisitions for a U.S.-based investment firm with properties in North America, Europe and the Caribbean. Merali also held leadership and ownership positions in real estate companies in the United Kingdom, Canada and East Africa with assets in hospitality, industrial, manufacturing, office and senior living.

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Tag: Aly-khan-S.-Merali,Asian-Hospitality,hospitality-industry-news-USA,Stonebridge-Marriott,Stonebridge-Hospitality

Collazo Is New VP Of Analytics For STR- Asian Hospitality

Posted by 17 minutes ago (https://www.asianhospitality.com/collazzo-is-new-vp-of-analytics-for-str/)

Description: Isaac Collazo is the new vice president of analytics for STR. Previously, he was vice president of capacity at InterContinental Hotels Group. Previously, Collazo conducted performance analysis, predictive analytics, modeling and macroeconomic interpretation for Marriott International, Promus Hotel Corporation and La Quinta Inns & Suites. He also is a content committee member for STR’s Hotel Data Conference. “Isaac will be an immediate voice in conversations around STR methodology as well as our ongoing product development in the CoStar platform,” said Amanda Hite, STR president. “Long-term, he’ll contribute to the evolution of the holistic solution we will deliver to the industry.”

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Tag: Isaac-Collazo,Asian-Hospitality,hotel-and-hospitality-industry-news,STR-industry

STR: U.S. Hotel Performance Up In First Week Of November

Posted by 1 hours ago (https://www.asianhospitality.com/str-u-s-hotel-performance-up-some-in-first-week-of-november/)

Description: ALL THE PERFORMANCE metrics of U.S. hotels improved in the first week of November, according to STR. However, it remains below the performance reported two years ago. Occupancy was 59.8 percent for the week ending Nov. 6, up from 58.9 percent the week before and a 13 percent drop from the same period in 2019. ADR for the first week of the month was $128.14, up from $127.70 the week before and down 3.2 percent for the same period in 2019. RevPAR increased to $76.61 from $75.28 the week before. It was reduced by 15.8 percent when compared to the same period two years ago. During the week under review, none of STR’s top 25 markets recorded an occupancy increase over 2019.

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Tag: STR-hotel-occupancy,Asian-hospitality,u.s-hotel-occupancy-rates-2021,U.S-hotel-industry-statistics,Hotel-occupancy-rates-by-month

AC Hotel Opens In Downtown Columbus, GA - Asian Hospitality

Posted by 2 days ago (https://www.asianhospitality.com/ac-hotel-opens-in-downtown-columbus-ga/)

Description: The AC Hotel Columbus Downtown is now open in Columbus, Georgia. It is owned by locally based RAM Hotels led by brothers Rinkesh Patel as president and Mitesh Patel executive vice president. The 125-room, six-story upscale hotel is in the city’s uptown district where there are many restaurants, bars and shops along the city’s main throughfare. Nearby attractions include the Coca-Cola Space Science Center, the National Civil War Naval Museum, Woodruff Riverfront Park and Mercer University.

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Tag: AC-Hotel-Columbus,Asian-Hospitality,hotel-industry-news-usa-updates,U.S-hotel-news,hospitality-industry-news-usa

The Dream Hotel Group Reopens The Chatwal New York

Posted by 2 days ago (https://www.asianhospitality.com/the-dream-group-reopens-the-chatwal-new-york/)

Description: The Chatwal New York, a luxury hotel in Manhattan owned by the Dream Hotel Group, has reopened after temporarily closing due to the COVID-19 pandemic. The reopening comes in the wake of Broadway’s return to production and the reopening of the U.S. border to vaccinated international travelers. Dream Hotel Group is led by chairman and founder Sant Singh Chatwal and Jay Stein as CEO. The 76-room hotel includes 29 suites, 14 of which have private, landscaped terraces. It also has specialty suites, such as the theater inspired Chatwal Suite with its 500-square-foot terrace. Also, the terrace of the Garden Suite includes fountains, sculptures and heat lamps and the Library Suite includes a curated book collection.

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Tag: Dream-Hotel-Group,Asian-hospitality,The-Chatwal,Asian-Hospitality,U.S-hotel-news,hotel-industry-news-usa,hospitality-industry-news-usa

IHG Opens Vignette Collection To U.S. Hotel Owners

Posted by 2 days ago (https://www.asianhospitality.com/ihg-opens-vignette-collection-to-u-s-hotel-owners/)

Description: U.S. HOTEL DEVELOPERS have a new choice of brands now. InterContinental Hotels Group is now signing franchise agreements stateside for its Vignette Collection, previously focused on development in Asia with its first properties in Australia and Thailand. The Vignette Collection is part of IHG’s luxury and lifestyle portfolio that includes more than 400 hotels and 100,000 rooms. Hotel owners and operators in the U.S. are invited to attend an online symposium on franchising with the brand on Dec. 7.

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Tag: IHG,InterContinental-Hotels-Group,Asian-Hospitality,Vignette-Collection-IHG,IHG-news,New-IHG-brand

Hotels should get ready for the return of corporate travel

Posted by 2 days ago (https://www.asianhospitality.com/hotels-should-get-ready-for-the-return-of-corporate-travel/)

Description: While we don’t know what will happen next, the past several months has shown us that the need to get out and travel is stronger than ever. However, as the labor and staffing crisis continues, some hoteliers struggle to accommodate the uptick in travel. Corporate travel and industry events and the need to meet face-to-face will continue to grow, so now is the time to focus on getting staff ready to welcome back corporate travelers who haven’t traveled in 18 months. Taking notes from the entertainment industry One interesting tactic that the hospitality industry should take note of is the way the entertainment industry has handled the return of movies in theaters. If you went to the movies over the summer, you may have seen how the industry pulled together to thank movie-goers for coming back to the theater. Galaxy Theaters CEO came onto the big screen to thank the audience and welcome them back. Regal did something similar.

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Tag: Asian-Hospitality,Tammy-Gillis,corporate-travelers,Business-travel-during-COVID-2021,Future-of-business-travel,Business-travel-after-COVID-19

California Hotelier Helps Afghan Family Keep Their Daughter

Posted by 3 days ago (https://www.asianhospitality.com/california-hotelier-helps-afghan-family-keep-their-daughter/)

Description: THERE WAS A family in need, and California hotelier Sunil “Sunny” Tolani could not stand by and idly watch. So, he took action, even though the family was thousands of miles away in Afghanistan. A young girl’s life was literally at stake. And now, Tolani is joining an effort to help other refugees from the war-torn country. It began when Tolani saw the story in the Wall Street Journal of Najiba, a 3-year-old girl who was facing being sold to a man to cover her family’s $550 debt to the man. Najiba’s mother, Saleha, is a housecleaner in western Afghanistan earning only 70 cents a day cleaning homes and her elderly husband does not work at all, according to the non-profit Afghan Assist.

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Tag: Asian-Hospitality,story-of-Najiba,U.S-hotel-news,hotel-industry-news-usa,CALIFORNIA-HOTELIER

Americas Best Value Inn Opens In Houston

Posted by 3 days ago (https://www.asianhospitality.com/americas-best-value-inn-opens-in-houston/)

Description: The Americas Best Value Inn and & Suites Kingwood IAH Airport is now open in Houston. It is owned by Guru Deva Datta LLC led by KC Patel as CEO. The 45-room hotel is near George Bush Intercontinental Airport, Kingwood Medical Center and Humble Civic Center. The Kingwood/Humble area also includes parks and trails for hiking, biking, fishing, bird watching, golfing, as well as the Deerbrook Mall. The hotel is pet friendly. “While on the outskirts of Houston and on the footsteps I-69, this Americas Best Value Inn & Suites is in the perfect location for travelers who are looking to explore downtown Houston, with the convenience of being near nature that surrounds the city,” Patel said.

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Tag: America-Best-Value-Inn-Houston,Americas-Best-Value-Inn-Texas-City,Asian-Hospitality,U.S-hotel-news,hotel-industry-news-usa

Royal Hotel Investments Breaks Ground On Another Hotel

Posted by 3 days ago (https://www.asianhospitality.com/royal-hotel-investments-breaks-ground-on-another-hotel-in-georgia/)

Description: ROYAL HOTEL INVESTMENTS has broken ground for a Home2 Suites by Hilton in Covington, Georgia. The hotel is expected to open in July of 2022. Covington is 35 miles east of Atlanta and is known as “the Hollywood of the South” because it served as the filming location for many well-known movies and television shows, such as “The Walking Dead,” “The Vampire Diaries,” “Selma,” and “The Dukes of Hazzard.” “This hotel emphasizes our company’s long-term commitment to the community,” said Navin Shah, RHI chairman. “When our country comes back from the current COVID crisis, we will offer a safe, comfortable place for people to come together – a trusted site to collect their thoughts, rest their bodies, and gather with friends and family.”

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Tag: Royal-hotel-investments,Asian-hospitality,hotel-and-hospitality-news-usa,U.S-hotel-news,hotel-industry-news-usa

AHLA:5L Hotel Jobs Lost To Pandemic Remain Unfilled This Yr

Posted by 4 days ago (https://www.asianhospitality.com/ahla-nearly-500000-hotel-jobs-lost-to-pandemic-to-remain-unfilled-this-year/)

Description: NEARLY 500,000 HOTEL operations jobs lost during the pandemic will not returning to the industry before the end of the year, according to a report from the American Hotel & Lodging Association. In response, AHLA has launched the “Hotels are Hiring” ad campaign with the goal of filling more than 100,000 jobs in the industry. A surge in leisure travel has led to improved conditions for most U.S. hotels, but AHLA’s economic analysis found the recovery is far from bringing the industry back to pre-pandemic levels. Urban markets in particular are lagging.

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Tag: AHLA-report,Job-loss-in-hospitality-industry,Hospitality-industry-after-COVID-19,Hospitality-jobs-during-COVID,Asian-hospitality

Asian Hospitality’s digital November issue is here! This is our Diwali special issue

Posted by 4 days ago (https://www.asianhospitality.com/digital/issue198/)

Description: ASIAN HOSPITALITY is owned by Asian Media Group USA, whose parent company is based in London.Check out at our website for hospitality news.Get the digital issue of Asian Hospitality November edition and updated with all hotel and hospitality news. If you miss any updates then dont worry. Here you find all the latest hospitality news USA. So subscribe it now without delay.

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Tag: asian-hospitality-digital-edition-november,hospitality-news-usa,hotel-and-hospitality-news-usa,hospitality-industry-news-usa

Hotel Associations Welcome Infrastructure Bill, With Caveat

Posted by 4 days ago (https://www.asianhospitality.com/hotel-and-travel-associations-welcome-infrastructure-bill-with-caveat/)

Description: HOTEL AND TRAVEL associations welcomed the passage of the bipartisan infrastructure bill by the House of Representatives over the weekend, saying the measure is long overdue. At the same time, there is some concern that the bill also eliminates a key piece of federal assistance to companies struggling to retain jobs during the COVID-19 pandemic.

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Tag: hotel-and-travel-associations,Asian-hospitality,American-Hotel-and-Lodging-Association,Hospitality-industry-Association

Report: Economy,Mid-Price Extended-Stay Hotels Lead Recovery

Posted by 5 days ago (https://www.asianhospitality.com/report-economy-and-mid-price-extended-stay-hotels-lead-recovery-in-september/)

Description: MOST ECONOMY AND MID-PRICE extended-stay hotels’ performance in September was down compared to August, according to a report from hotel investment advisors The Highland Group. However, the bottom-up recovery and room supply distribution geographically are hindering the upscale segment’s recovery. Relative to other classes of hotels, mid-price extended-stay hotels recorded the largest gain in September, the U.S. Extended-Stay Hotels Bulletin: September 2021 report said. Occupancy, ADR and RevPAR indices for upscale extended-stay hotels were about the same in September as in August but the decline in absolute ADR resulted in the segment’s revenue recovery falling below 95 percent.

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Tag: Hotel-industry-news-2021,Asian-Hospitality,U.S-Hotel-Performance-2021,US-hotel-occupancy-rates-2021,Hotel-occupancy-rates-data

STR Predict For U.S. Hotels To Be Full Recovery This Year

Posted by 6 days ago (https://www.asianhospitality.com/str-te-predict-adr-for-u-s-hotels-to-be-near-full-recovery-this-year/)

Description: THE U.S. HOTEL industry is on track to full recovery from the COVID-19 pandemic, according to STR’s latest industry forecast. Progress may be uneven, however, as some obstacles, such as labor costs, still remain. ADR will near full recovery in 2022, averaging $130 while occupancy for the year is predicted to reach 63.4 percent. RevPAR’s average for the year is set to be $82, down 4 percent compared to 2019, but it is expected to be fully recovered in 2023, according to the forecast given at the 43rd Annual NYU International Hospitality Industry Investment Conference. STR and Tourism Economics said changes in the nation’s economy warranted the new forecast.

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Tag: STR-forecast-2022,Hotel-industry-forecast-2022,Hotel-market-News,Hotel-recovery-forecast,CBRE-Hotel-forecast-2022,Asian-Hospitality

BAIRD/STR Index Rose 6.8 Percent In October

Posted by 6 days ago (https://www.asianhospitality.com/baird-str-index-rose-6-8-percent-in-october/)

Description: A CONTINUING SENSE of optimism about the nation’s recovery among investors sent the Baird/STR Hotel Stock Index up in October. Hotel brands led the increase as concerns about the COVID-19 Delta variant began to ease. The Baird/STR index rose 6.8 percent during the month, and it also was up 20.7 percent year to date through the first 10 months of 2021. The index rose 5.2 percent during September compared to August. Still, the index was behind both the S&P 500, which rose 6.9 percent in October, and the MSCI US REIT Index, which rose 7.6 percent. The hotel brand sub-index rose 9 percent from September while the hotel REIT sub-index increased 0.5 percent.

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Tag: baird/str-hotel-stock-index,STR-hotel-occupancy,Asian-hospitality,U.S-hotel-industry-statistics

Balsley Is IHG’S Senior VP For Loyalty Programs

Posted by 6 days ago (https://www.asianhospitality.com/balsley-is-ihgs-senior-vp-for-loyalty-programs/)

Description: Heather Balsley is InterContinental Hotels Group’s senior vice president for global loyalty and partnerships. Jennifer Gribble succeeds Balsley to senior vice president for global marketing of mainstream brands. Balsley has been with IHG for 13 years, most recently as senior vice president for global marketing of mainstream brands. Gribble is succeeding her to that position. In her new role, Balsley oversees the company’s IHG Rewards Club program.

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Tag: Heather-Balsley,InterContinental-Hotels-Group,global-loyalty-and-partnerships,Asian-Hospitality,U.S-hotel-news,hospitality-news-2021

NewcrestImage sells 27 hotels to Summit Hotel Properties

Posted by 6 days ago (https://www.asianhospitality.com/newcrestimage-sells-27-hotels-to-summit-hotel-properties/)

Description: NEWCRESTIMAGE HAS SOLD most of its hotel portfolio, along with some other properties, in a $822 million transaction with Summit Hotel Properties. Dallas-based NewcrestImage will remain invested in Summit and will own and operate two historic hotels it recently acquired and plans to make new acquisitions in the future. The definitive contribution and purchase agreement includes 27 hotels with 3,709 guestrooms for $776.5 million, or $209,000 per key. It also includes $24.8 million for two parking structures and $20.7 million for the various financial incentives through Summit’s joint venture with Singapore-based sovereign wealth fund GIC, made in 2019 to acquire hotels in the U.S.

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Tag: newcrestimage-hotels,Summit-Hotel-Properties,NewcrestImage-New-Orleans,Asian-Hospitality,U.S-hotel-news,hospitality-news-2021

STR: Sharp Drop In U.S. Hotel Performance Ahead Of Halloween

Posted by 7 days ago (https://www.asianhospitality.com/str-sharp-drop-in-u-s-hotel-performance-ahead-of-halloween/)

Description: THERE WAS A sharp drop in U.S. hotel performance in the last week of October as anticipated ahead of Halloween, according to STR. However, the comparable Halloween week in 2019 saw a relatively worse performance. Occupancy was 58.9 percent for the week ending Oct. 30, down from 63.9 percent the week before and a 5.7 percent drop from the same period in 2019. ADR for the last week of the month was $127.70, down from $134.14 the week before and up 1.5 percent for the same period in 2019. RevPAR decreased to $75.28 from $85.74 the week before. It was reduced by 4.3 percent when compared to the same period two years ago. “Even with a drop in performance levels from previous weeks, comparisons with the matching week in 2019 improved because Halloween that year fell on a Thursday and created a more significant disruption in business travel and groups,” STR said.

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Tag: Asian-Hospitality,U.S-Hotel-Performance-2021,str-report-hotel,Report-on-hotel-industry,Hotel-industry-report-2021

Avid Hotel Opens In Macon, Georgia - Asian Hospitality

Posted by 9 days ago (https://www.asianhospitality.com/avid-hotel-opens-in-macon-georgia/)

Description: The avid hotel Macon North in Macon, Georgia, is now open. It is the 45th new hotel for the brand to open and is owned by Sainath Hospitality, LLC, led by Dineshkumar Patel. The 93-room hotel is an hour from Atlanta, near Mercer University and Wesleyan College. It also is near historic attractions such as the Allman Brothers Band Museum at the Big House and the Ocmulgee Mounds National Historical Park. Hotel amenities include free parking and a fitness center.

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Tag: Avid-Hotel,Asian-Hospitality,U.S-hotel-news,hospitality-news-2021

Noble Acquires Homewood Suites In Salt Lake City

Posted by 9 days ago (https://www.asianhospitality.com/noble-acquires-homewood-suites-in-salt-lake-city/)

Description: NOBLE INVESTMENT GROUP has acquired the Homewood Suites by Hilton Salt Lake City | Downtown in Salt Lake City, Utah. The company, led by Mit Shah as CEO, said the city represents a fast-growing market. The 137-room hotel is in Salt Lake City’s central business and entertainment district, according to Noble. The area contains more than 15 million square feet of office space and several corporate headquarters, including Zions Bancorporation, Questar Corporation, and Goldman Sachs. Also nearby are the Salt Palace Convention Center, Vivint Arena, Gallivan Center, Temple Square and the Utah State Capitol.

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Tag: Noble-Investment-Group,Hilton-Salt-Lake-City,Asian-Hospitality,Hospitality-news-2021,U.S-hotel-news

Best Western Plus Opens In Louisiana - Asian Hospitality

Posted by 11 days ago (https://www.asianhospitality.com/best-western-plus-opens-in-louisiana-2/)

Description: The Best Western Plus Regency Park in Walker, Louisiana, is now open. It is owned by Dilip and Rima Patel. The 84-key hotel is near the Juban Crossing shopping mall, the Louisiana State Capitol and Louisiana State University as well as several area businesses such as Our Lady of the Lake, Stine, Lard Oil Company, Denbury Resources Inc. and Waste Management Company.

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Tag: Best-Western-Plus-Regency-Park,Asian-Hospitality,Business-and-leisure-travelers,Hospitality-news-2021,US-hotels-news,Hospitality-industry-news

Survey: Travelers Are Planning Their Next Vacation

Posted by 11 days ago (https://www.asianhospitality.com/survey-travelers-are-already-planning-their-next-vacation/)

Description: THE SUMMER TRAVEL season is officially over, but travelers in the U.S. already are planning their next vacation for 2022, according to media company Future plc. The company’s readers survey also found renewed interests in new technology and family events as the holidays approach. Future’s survey of 1,046 readers of its publications, including Marie Claire and Toms Guide, found that 75 percent were thinking about their future travel plans. It also found that 49 percent of respondents say they’re planning their best vacation ever in 2022.

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Tag: Future-survey,future-travel-plans-USA,Asian-Hospitality,US-travelers,business-travel,hospitality-news,Hospitality-news-2021

STR: Labor drags U.S. hotel profitability down in September

Posted by 12 days ago (https://www.asianhospitality.com/str-rising-labor-cost-drags-down-u-s-hotel-profitability-in-september/)

Description: RISING LABOR COST again pulled U.S. hotel profitability down in September for the second consecutive month, according to STR. Estimated labor costs came in at 96 percent of the level it reached in the same time period in 2019, making it the highest index of the pandemic-era. At the same time, a decline in COVID-19 cases and the easing of restrictions on international travel could lead to a much needed performance boost, according to HotStats. All the key profitability metrics fell in September from the month before, according to STR‘s Sept 2021 monthly P&L data release. Gross operating margins fell 33 percent.

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Tag: str-report,U.S-hotel-news,Hotel-news-today,U.S-hotel-market-report-2021,Asian-Hospitality

Kauble Is Noble's New Director Of Asset Management

Posted by 12 days ago (https://www.asianhospitality.com/kauble-is-nobles-new-director-of-asset-management/)

Description: Denise Kauble is now director of asset management for Noble Investment Group. Also, Melissa Blankson is the new real estate paralegal for the Atlanta-based company, led by Mit Shah as CEO. Kauble previously was regional director of sales and marketing and area general manager for McKibbon Hospitality where she oversaw sales for the East Coast. In her new role, she will be responsible for working with third-party management organizations and on-property leadership of Noble-owned assets. “Denise’s experience and industry knowledge complement Noble’s abilities to maximize revenues and drive performance in our hotels,” said Noble principal Steven Nicholas.

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Tag: Denise-Kauble,Noble-Investment-Group,Asian-Hospitality,US-hotels-news,Hotel-news-today,Hospitality-news-2021

AHLA: Hotels In Some Markets In ‘Depression Cycle’

Posted by 12 days ago (https://www.asianhospitality.com/ahla-hotels-in-some-markets-still-in-depression-cycle/)

Description: THE RECOVERY MAY be under way, but most of the top U.S. markets, 21 out of 25, remain at a recession or depression level, according to a report from the American Hotel & Lodging Association. Urban markets are in worst shape, with most still in a “depression cycle.” The overall U.S. hotel industry remains in a “recession,” according to AHLA’s report citing STR data. The difficulty for urban markets is that they depend substantially on business from events and group meetings. Room revenue was down 52 percent in May compared to May 2019. New York City, for example, is still in a depression with nearly 200 hotels in the city closed due to the pandemic, taking with them 42,030 rooms, one-third of the city’s supplies.

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Tag: AHLA-report,Asian-Hospitality,us-hotel-in-depression,U.S.-hotel-news,Hotel-news-today

CBRE: PLAN ON HOTEL TELECOM COSTS TO RISE

Posted by 12 days ago (https://www.asianhospitality.com/cbre-plan-on-hotel-telecom-costs-to-rise/)

Description: THE COSTS OF operating hotel telecom systems are rising while the revenue generated by the systems continues to shrink, according to an article from CBRE Hotels Research. The article suggests strategies hotels can take to lower costs and increase revenue. Telecom service costs steadily increased between 2015 and 2019, according to a survey cited by the article that was written by Robert Mandelbaum, CBRE’s director of research information services, and Michael Kane, business operations manager in the firm’s Denver office.

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Tag: CBRE-Hotels-Research,CBRE-hotel-forecast-2021,Asian-Hospitality,Hotel-industry-forecast-2021,hotel-occupancy-rates-2021

Iridescent Hotels Adds 2 New 3rd-Party Management Contracts

Posted by 13 days ago (https://www.asianhospitality.com/iridescent-hotels-adds-two-new-third-party-management-contracts/)

Description: IRIDESCENT HOTELS OF Dallas has been contracted to manage two more hotels in Texas and Ohio. Iridescent was founded last year by Ash Patel, past chairman of AAHHOA, who leads the company with partner Christopher Puntureri. In the recent contract, Iridescent will manage the 111-room Holiday Inn & Suites San Antonio North Stone Oak in San Antonio, Texas, and the 75-room Red Roof Inn Dayton-Moraine, in Dayton, Ohio, as a third party on behalf of the hotels’ owners.

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Tag: Iridescent-Hotels,Asian-Hospitality,US-hotels-news,Hospitality-industry-news,hotel-industry-news-usa,Hospitality-news-2021

PHG Opens Dual-Brand Hotel In Orlando, Florida

Posted by 13 days ago (https://www.asianhospitality.com/phg-opens-dual-brand-hotel-in-orlando-florida/)

Description: The dual-brand Hilton Garden Inn Orlando Downtown and Home2 Suites by Hilton Orlando Downtown is now open in Orlando, Florida. It is owned by Peachtree Hotel Group, is led by managing principals Mitul Patel and Jatin Desai. The eight-story property includes 224 rooms total, 123 on the Hilton Garden Inn side and 101 pet-friendly Home2 Suites rooms. It is near the Orange County Courthouse, Amway Center, Camping World Stadium and Exploria Stadium. Peachtree Hospitality Management, a division of PHG, will operate the hotel.

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Tag: Hilton-Garden-Inn-Orlando,Holiday-Inn-Express,Asian-Hospitality,Hotel-industry-news-trends,Hospitality-news-2021,US-hotels-news,Hospitality-news-magazine

STR: US hotel occupancy dips, ADR rises in week of Oct. 23

Posted by 14 days ago (https://www.asianhospitality.com/str-u-s-hotel-occupancy-dips-adr-rises-in-week-of-oct-23/)

Description: ONE WEEK AFTER reaching its highest point since mid-August, U.S. hotel occupancy dipped a percentage point in the third week of October, according to STR. At the same time, room rates rose slightly. Occupancy was 63.9 percent for the week ending Oct. 23, down from 65 percent the week before and a 9.1 drop from the same period in 2019. ADR for the third week of the month was $134.14, almost the same rates as the prior week’s $134.03 and just 0.6 percent down from its value in 2019. RevPAR decreased to $85.74 during the week from $87.15 the week before. However, it was reduced by 9.6 percent when compared to the same period two years ago.

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Tag: US-hotel-occupancy,Asian-hospitality,2021-hotel-occupancy-rates,STR-hotel-occupancy,STR-Global-hotel-Study-2021,hotel-industry-news-usa

PHG Cumberland House Wins Hilton Legacy Award

Posted by 16 days ago (https://www.asianhospitality.com/phgs-cumberland-house-wins-hilton-legacy-award/)

Description: PEACHTREE HOTEL GROUP of Atlanta has received a 2020 Hilton Legacy Award for North America Conversion for its Cumberland House Knoxville in Knoxville, Tennessee, part of the Tapestry Collection by Hilton. Hilton International gives the awards to owners and developers who advance brand standards. “We are honored to be recognized for this award and grateful for our partnership with Hilton,” said Mitul Patel, PHG’s managing principal and chief operating officer, in a statement. “This also speaks to the rationale to reposition this hotel to offer our guests an authentic sense of place, gracious hospitality, and enriching experiences that capture the heart of this great city and exudes the unique qualities of Tapestry Collection by Hilton.”

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Tag: Peachtree-Hotel-Group,Asian-hospitality,2020-Hilton-Legacy-Award,hospitality-news-usa,hotel-industry-news-usa,Hospitality-Awards

LE: Dallas Top Market For US Hotel Construction Pipeline

Posted by 16 days ago (https://www.asianhospitality.com/le-dallas-top-market-for-u-s-hotel-construction-pipeline/)

Description: DALLAS WAS THE top market in the U.S. hotel construction pipeline in the third quarter of 2021 in terms of projects, according to Lodging Econometrics. Also, Marriott International was the top brand for the quarter. Dallas had 147 projects with 17,711 rooms for the quarter, topping the pipeline. It was followed by Atlanta with 139 projects containing 18,659 rooms and Los Angeles with 133 projects containing 22,145 rooms. The other two regions in the top five are New York City with 130 projects containing 22,417 rooms, and Houston with 90 projects containing 9,225 rooms. Together these cities account for 13 percent of the projects and 15 percent of rooms in the total U.S. pipeline.

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Tag: Lodging-Econometrics-report,LE-report,Dallas-top-market,US-Hotel-Construction-Pipeline,Asian-Hospitality,hotel-industry-news-usa,Hotel-construction-2021

Kinley Chattanooga Partners With Common House Social Club

Posted by 17 days ago (https://www.asianhospitality.com/kinley-chattanooga-partners-with-common-house-social-club/)

Description: THE RECENTLY OPENED Kinley Chattanooga Southside boutique hotel in Chattanooga, Tennessee, is offering a “co-work + play” package for guests by partnering with the city’s new social club Common House. It provides a day pass to Common House’s co-working and event spaces, pool, gym, restaurants and other facilities. Opened on March 4, the 64-room Kinley, owned by Vision Hospitality Group under president and CEO Mitch Patel and managed by Humanist Hospitality, focuses on adventures and experiences built within the city of Chattanooga. Located in the city’s arts and entertainment district, the hotel is near the Tennessee Aquarium and Rock City.

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Tag: Kinley-Chattanooga,Asian-hospitality,US-hotels-news,Hospitality-industry-news,hotel-industry-news-usa,Hospitality-news-2021

Corporate Bookings Spike Gives IHG Hope For Business Travel

Posted by 17 days ago (https://www.asianhospitality.com/ihg-corporate-bookings-spike-gives-ihg-hope-for-business-travel/)

Description: THE INTERCONTINENTAL HOTELS Group says it is seeing encouraging signs of recovery in business and international travel. Corporate bookings in the U.S. are strong as IHG’s room revenue inches closer to pre-pandemic levels. The owner of the Holliday Inn, Crowne Plaza and Regent brands said in an article on Reuters that its hotel RevPAR rose 66 percent in the third quarter, with the U.S. down just 7 percent from 2019 levels after a busy summer season.

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Tag: International-hotels-group,Asian-Hospitality,challenges-faced-by-tourism-industry-due-to-covid-19,US-hotels-news,Hospitality-industry-news

BPR Properties Sells Its Home2 In Savannah, Georgia

Posted by 18 days ago (https://www.asianhospitality.com/bpr-properties-sells-its-home2-in-savannah-georgia/)

Description: BPR Properties, led by Birju Patel as president, has sold its Home2 Suites by Hilton Savannah Airport in Pooler, Georgia. The deal was brokered by Hunter Hotel Advisors. A large private equity group purchased the hotel to increase its select-service portfolio.

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Tag: BPR-Properties,Hilton-Savannah,Asian-Hospitality,hotel-industry-news-usa,US-hotels-news,Hospitality-industry-news

Hihotels Brands Added Six Properties In Second Quarter

Posted by 18 days ago (https://www.asianhospitality.com/hihotels-brands-added-six-properties-in-second-quarter/)

Description: SIX PROPERTIES SIGNED with hihotels by Hospitality International in the second quarter of the year, all under Asian American owners. The new hotels are in Texas, Indiana, Maryland, Oregon and Pennsylvania. They join four other properties that, in the first quarter, joined hihotels’ five brands; Red Carpet Inn, Scottish Inns, Master Hosts Inns, Downtowner Inns and Passport Inn.

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Tag: Hihotels-USA,Hospitality-International,Asian-Hospitality,hospitality-news-usa,hotel-industry-news-usa,Hospitality-news-2021

Forrest And Johnson Join Aahoa Executive Team

Posted by 18 days ago (https://www.asianhospitality.com/forrest-and-johnson-join-aahoa-executive-team/)

Description: Michael Forrest as AAHOA’s new vice president of franchise relations. Ashli Johnson is the association’s new vice president of education. Forrest previously held franchises and worked with companies including Burger King, Dippin’ Dots, Gloria Jean’s Coffees, and Wing Zone, according to AAHOA. He has a bachelor’s degree and a master’s degree in business management from Purdue University Global.

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Tag: Michael-Forrest,Ashli-Johnson,AAHOA,Asian-hospitality,hotel-industry-news-usa,hospitality-news-usa

Schlick Is New COO, Lombardo CFO At LTD Hospitality Group

Posted by 19 days ago (https://www.asianhospitality.com/schlick-is-new-coo-lombardo-cfo-at-ltd-hospitality-group/)

Description: Kimberly Schlick is now chief operating officer for Virginia Beach-based LTD Hospitality Group. Alexander Lombardo is the company’s new chief financial officer. Schlick most recently served as LTD’s senior vice president of sales.

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Tag: Kimberly-Schlick,Alexander-Lombardo,Asian-hospitality-news,hotel-industry-news-usa,hotel-industry-news-usa

LE: Slight Increase In US Construction Pipeline In Q3 2021

Posted by 19 days ago (https://www.asianhospitality.com/le-slight-increase-in-u-s-construction-pipeline-in-q3-2021/)

Description: THE U.S. HOTEL construction pipeline witnessed a slight increase in the third quarter of 2021 over second quarter, according to Lodging Econometrics. However, it remained largely muted due to a reduced inflow of new projects as compared to “pre-COVID levels” and significant hotel openings in the first half. Factors such as prolonged effects of the pandemic, above average inflation, rising interest rates, and material shortages and price increases will affect decision-making through the end of the year, it added.

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Tag: lodging-econometrics-pipeline-report,Asian-hospitality,hotels-news-usa,Hotel-construction-forecast,hotel-industry-news-usa,Hotel-construction-2021

HEYL IS AAHOA’S VP OF GOVERNMENT AFFAIRS-Asian Hospitality

Posted by 20 days ago (https://www.asianhospitality.com/heyl-is-aahoas-vp-of-government-affairs/)

Description: Dean Heyl is AAHOA’s new vice president of government affairs. Previously, he served as the U.S. Department of Labor’s director of the Office of Public Liaison. In his new position, Heyl will be part of AAHOA’s executive leadership team. He previously served as the International Franchise Association’s chief legal officer and for the Direct Selling Association as a state and federal lobbyist. His other earlier positions include executive director of the Coalition for Affordable Accounting and as a senior advisor to the Idaho Attorney General and governor. From 2008 to 2011, he was a member of the Internal Revenue Service Advisory Council.

Category:

Tag: Dean-Heyl,AAHOA-VP,Asian-hospitality,hotel-industry-news-usa,hospitality-news-usa,Hospitality-news-magazine,Hospitality-news-2021

La Quinta Program To Help Mothers Handle Holiday Stress

Posted by 20 days ago (https://www.asianhospitality.com/la-quinta-program-to-help-mothers-handle-holiday-stress/)

Description: La Quinta has created a program to celebrate moms.“Thankful for Mom” program includes opportunities for moms to connect and deal with stress.Check it out.

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Tag: La-Quinta-Program,opportunities-for-moms,Thankful-for-Mom,stress-management-for-moms,Asian-hospitality,hotel-industry-news-usa

Contact - Asian Hospitality

Posted by 20 days ago (https://www.asianhospitality.com/contact-us)

Description: ASIAN HOSPITALITY is the key to opening doors for franchise development, industry suppliers and service providers as well as consumer goods marketers to this affluent group of American business people and their families.You can contact us by filling the form or write to us an email at the given address. We are happy to help you.Asian Hospitality.

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Tag: Contact-us,Asian-Hospitality,asian-magazine,hospitality-business-magazine,hospitality-publications

Shivstar Investment Breaks Ground On Fairfield Inn & Suites

Posted by 21 days ago (https://www.asianhospitality.com/shivstar-investments-breaks-ground-on-fairfield-inn-suites-in-tampa-fl/)

Description: SHIVSTAR INVESTMENTS, LED by Pravin Gadhia and Pankaj Patel, has broken ground on its Fairfield Inn & Suites by Marriott in Tampa, Florida. Firmo Construction will work with architect Abhay Pradhan from AP Architecture on the project. The 5-story building will be built on two acres across the street from Busch Gardens amusement park. It will feature an outdoor pool and patio area. Gadhia and Patel from Shivstar joined Eric Collin, president and CEO of Firmo, for a groundbreaking ceremony on Oct. 15 at the lot in Temple Terrace in North Tampa.

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Tag: Shivstar-Investments-USA,Hotels-in-Tampa-Florida,Marriott-Fairfield-Inn,Asian-Hospitality,hospitality-news-usa,hotel-industry-news-usa

STR: U.S. Hotel Occupancy Highest Since Mid-August

Posted by 21 days ago (https://www.asianhospitality.com/str-u-s-hotel-occupancy-highest-since-mid-august/)

Description: U.S. HOTEL OCCUPANCY reached its highest level since mid-August during the second week of October while room rates dipped from a week ago, according to STR. The week’s demand growth came almost exclusively from the Sunday ahead of Columbus Day. Occupancy was 65 percent for the week ending Oct.16, up from 63.9 percent the week before but a 10 percent drop from the same period in 2019. ADR for the more recent week was $134.03, down slightly from $134.63 the prior week and 1.4 percent down from its value in 2019. It was $134.63 the week before. RevPAR increased to $87.15 during the week from $86.02 a week ago. However, it was reduced by 11.3 percent when compared to the same period in 2019.

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Tag: US-hotel-occupancy-rates-2021,Asian-Hospitality,hospitality-news-usa,hotel-industry-news-usa,US-hotels-news,Hotel-occupancy-rates-data

Survey: Business Travelers Will Hit The Road With Purpose

Posted by 23 days ago (https://www.asianhospitality.com/survey-business-travelers-will-hit-the-road-with-purpose-eventually/)

Description: WHILE BUSINESS TRAVEL may be less frequent in the immediate future, it will make a comeback in time, according to a report from Hilton. After nearly two years of isolations, businesses will have a lot of making up to do once they hit the road. Post-pandemic business travel is likely to be more strategic and purposeful overall as travelers have missed building in-person professional relationships during the pandemic, according to a recent survey by Hilton and Morning Brew of more than 7,000 respondents. Though some have returned to traveling for work, 87 percent of respondents have said that they miss hopping from city to city to pursue their work.

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Tag: Business-Travelers,Asian-Hospitality,international-travel,hospitality-news-2021,hospitality-news,hotel-industry-news-usa,travel-industry

USTA: Promoting Brand USA To International Visitors Critical

Posted by 23 days ago (https://www.asianhospitality.com/usta-promoting-brand-usa-to-international-visitors-critical/)

Description: AS THE U.S. is set to open its borders to vaccinated individuals, promoting the U.S. brand to international visitors is more critical than ever, according to the U.S. Travel Association. Also, the planned reopening of the Canadian and Mexican borders is being praised as “a big win” by hotel associations. The steep declines in international travel have resulted in more than $250 billion in lost export income since the start of the pandemic, said Tori Emerson Barnes, USTA’s executive vice president of public affairs and policy. This situation has decimated funding for the Brand USA program, a public-private partnership formed to promote travel to the U.S.

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Tag: USTA,brand-USA,Asian-Hospitality,international-travel,US-hotels-news,hospitality-news,Hospitality-news-2021

People :Asian Hospitality | Famous Hospitality Leaders

Posted by 23 days ago (https://www.asianhospitality.com/people/)

Description: Meet the famous hospitality industry leaders, people ,explore their achievements, their thoughts and advices. Subscribe to Asian Hospitality for recent updates.

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Tag: Famous-Hospitality-Leaders,Famous-Hospitality-industry-Leaders,famous-person-in-hospitality-industry-usa,asian-hospitality,asian-hospitality-magazine

Brands : Asian Hospitality | Hotel Industry News USA

Posted by 24 days ago (https://www.asianhospitality.com/brand/)

Description: Defining and knowing brand is important challenge in hospitality industry. A brand is unique and authentic. Up-to-date coverage of all hotel industry news usa,their trends,hospitality industry news,insights all at one place. Subscribe to Asian Hospitality.

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Tag: Brand-in-hospitality-industry,Brand-image-in-hospitality-industry,hotel-industry-news-usa,hotels-in-the-news,asian-hospitality

Trends And Issues In Hospitality Industry- Asian Hospitality

Posted by 24 days ago (https://www.asianhospitality.com/trends-issues/)

Description: The hospitality industry is competitive, and businesses need to keep up with the latest hospitality trends to avoid being left behind. Get the current trends, forecasting and issues 2021 of hospitality industry,latest updates,insights,challenges in tourism and hospitality industry.Stay updated with us.

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Tag: trends-in-hospitality-industry,future-trends-in-hospitality-industry,trends-and-issues-in-hospitality-industry,asian-hospitality,hospitality-news-and-updates

Asian Hospitality Industry News | Hospitality Magazine US

Posted by 25 days ago (https://www.asianhospitality.com/industry-news/)

Description: The latest industry news of hospitality industry is here. Get the latest Asian Hospitality industry news, advice, information from the biggest selling magazine publishers in US Asian Hospitality. Catch All The Latest News & Updates of hotel and hospitality industry on Asian hospitality.

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Tag: asian-hospitality-industry,Hospitality-Magazine,industry-news,hospitality-news,US-Asian-Hospitality

Food and Beverage | Hotel News USA - Asian Hospitality

Posted by 25 days ago (https://www.asianhospitality.com/fb/)

Description: Food and beverage department in any hotel is important section of hotel.This department is responsible for maintaining the high quality of food and service, food costing, managing restaurants and bar.There is an increasing demand for qualified service professionals in the Food & Beverage Industry. Get all the food and beverage department news usa all at one place.Do subscribe the Asian Hospitality magazine for more hospitality news and stay updated.

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Tag: f&b-department,food-and-beverage,hotel-news-usa,hospitality-news,asian-hospitality-magazine,Hospitality-news-2021,Hospitality-news-magazine

Hotel F&B Hit Hardest By Covid-19 Pandemic-Asian Hospitality

Posted by 25 days ago (https://www.asianhospitality.com/blog-hotel-fb-hit-hardest-by-covid-19-pandemic/)

Description: HOTEL F&B DEPARTMENTS have suffered profit-costing losses in the COVID-19 pandemic, according to a blog by HotStats. There could be a silver lining, though. The pandemic-related loss of business for hotels around the U.S. cut came across the board, but conferences and leisure travel were particularly hard hit, according to the article from Laura Resco, HotStats sales and account coordinator that looks at the data’s impact on hotel profits. Conference bookings fell 20.4 percent from last year and leisure is down 14.2 percent, contributing to a 66.5 percent drop in overall F&B revenue per available room in March.

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Tag: Hotel-F&B-department,Asian-hospitality,Covid-19-Pandemic,U.S-hotels-news,hospitality-news,Hospitality-news-2021,Hospitality-news-magazine

Marriott Steps To Reach Net-Zero Emissions By 2050

Posted by 26 days ago (https://www.asianhospitality.com/marriott-takes-steps-to-reach-net-zero-emissions-by-2050/)

Description: AS A RESPONSE to the issue of climate change, Marriott International has set a long-term science-based target to reach net-zero value for greenhouse gas emissions by no later than 2050. The initiative is part of a global campaign called the Race to Zero. To achieve this target, Marriott plans to increase use of renewable energy, construct buildings that maximize renewable electricity, continue modifications to design standards so buildings are more efficient and install automation systems and energy efficiency upgrades, such as smart thermostats, Marriott said in a statement.

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Tag: Marriott-International,net-zero,greenhouse-gas-emissions,Asian-Hospitality,Hospitality-news-2021,hospitality-news,US-hotels-news,hotel-industry-news-usa

Noble opens first Courtyard/Element dual brand

Posted by 26 days ago (https://www.asianhospitality.com/noble-opens-first-courtyard-element-dual-brand/)

Description: The Courtyard by Marriott Atlanta Midtown and Element by Westin Atlanta Midtown is now open in Atlanta. It is the first dual-brand hotel to combine those two brands and is owned by Noble Investment Group, led by Mit Shah as CEO. The new hotel has 282 rooms and suites combined, 158 on the Courtyard side and 124 for the Element. It is in the city’s Midtown area that includes more than 23 million square feet of office space and more than 80,000 employees. Nearby attractions include the Atlantic Station mixed use district with the Ikea furniture store, Atlanta’s Centennial Park, the Georgia Aquarium, the World of Coke, the Fabulous Fox Theatre and Skyline Park.

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Tag: Marriott-Atlanta-Midtown,Westin-Atlanta-Midtown,Asian-Hospitality,Courtyard-Marriott-Atlanta,hospitality-news-2021,hospitality-news-this-week

Macdonald Is Chair Of HSMAI Board-Asian Hospitality

Posted by 27 days ago (https://www.asianhospitality.com/macdonald-is-chair-of-hsmai-board/)

Description: Marina MacDonald, Red Roof Inn’s chief marketing officer, is chair of the Hospitality Sales and Marketing Association International’s 2020 Americas board of directors and executive committee as of Jan. 22. She has been with Red Roof for 10 years.

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Tag: Marina-MacDonald,Asian-hospitality,hotel-industry-news-usa,Hospitality-industry,hotel-news-USA,Hospitality-news-2021,hospitality-business

IHG Issues Spirit Of Hospitality Awards-Asian Hospitality

Posted by 27 days ago (https://www.asianhospitality.com/ihg-issues-spirit-of-true-hospitality-awards/)

Description: IT’S BEEN A difficult year for the hospitality industry, but many InterContinental Hotels Group franchisees still managed to set an example in how to remain welcoming. More than 400 of the 4,000 IHG branded hotels in the Americas have been recognized for those efforts with the Spirit of True Hospitality Awards.

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Tag: Asian-hospitality,hospitality-awards,hospitality-industry,InterContinental-hotel,hospitality-news,hotel-industry-news-usa

African Americans Underrepresented In Executive Roles

Posted by 27 days ago (https://www.asianhospitality.com/report-african-americans-underrepresented-in-hospitality-executive-roles/)

Description: AFRICAN AMERICANS ARE underrepresented in the executive ranks of the U.S. hotel industry, according to a new report from the Castell Project, a not-for-profit that promotes women in the industry. The Project in the report urges hotel companies to consider addressing this imbalance as they hire back employees after the COVID-19 pandemic.

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Tag: hotel-industry-news-usa,Asian-Hospitality-news,Castell-Project,US-hotel-industry,hospitality-news,Hospitality-industry

Podcast - Asian Hospitality | US Monthly News Magazine

Posted by 27 days ago (https://www.asianhospitality.com/podcast/)

Description: CHOICE HOTELS INTERNATIONAL’S relatively new upscale Cambria brand has gained some following among Asian American hotel developers. Janis Cannon, Choice’s senior vice president for upscale brands, sat for a video interview with Asian Hospitality Editor Ed Brock to talk about the driving forces behind that movement. Cannon was attending the January grand opening of Cambria’s 50th location, the 12-story, 352-room Cambria Hotel & Suites Anaheim Resort Area in Anaheim, California, near Disneyland. The hotel is the largest in the brand and includes a small waterpark in the pool area.

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Tag: Asian-Hospitality-USA,US-Monthly-News-Magazine,latest-podcast-updates,hotel-and-hospitality-industry-news,CHOICE-HOTELS-INTERNATIONAL

Media News - Asian Hospitality | US Monthly News Magazine

Posted by 28 days ago (https://www.asianhospitality.com/media-kit/)

Description: Read latest media news and top news from Asian Hospitality. Stay up-to-date with media news, current affairs and news headlines online today. Here you get all media news kit at one place. Free subscribe to get your media kit now. Check out our website for more details.

Category:

Tag: Asian-hospitality,media-kit-2021,hospitality-news-usa,hotels-news-usa,latest-media-news,US-monthly-news-magazine

STR: Columbus Day boosted U.S. hotel performance

Posted by 28 days ago (https://www.asianhospitality.com/str-columbus-day-boosted-u-s-hotel-performance/)

Description: U.S. HOTEL PERFORMANCE rose to a level similar to late summer for the week ending Oct. 9, backed by the long Columbus Day weekend, according to STR. The occupancy level was the highest since the week ending Aug. 14 at 63.9 percent, a 9.6 percent drop from the same period in 2019. It was 61.7 percent a week ago.

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Tag: Columbus-Day,Asian-hospitality,STR-report-2021,US-Hotel-Performance,STR-Hotel-Industry-News,STR-hospitality-forecast,Hotel-occupancy-rates-2021,US-hotels-news

STR: U.S. pipeline falls by 48,000 in September

Posted by 28 days ago (https://www.asianhospitality.com/str-u-s-pipeline-falls-by-48000-in-september/)

Description: THE NUMBER OF rooms in the U.S. hotel pipeline dropped in September under pressure from the still lingering COVID-19 pandemic, according to STR. The year may still finish strong, however, and New York led the pipeline in number of rooms under construction. Overall, the number of rooms in construction in the pipeline dropped by 48,000 during the month from the same time period last year. It was a 20.3 percent drop to end at 172,251 rooms in construction. The number of rooms in final planning, 205,829, was down 17.2 percent from last year and the number of rooms in planning, 263,673, was a 41.1 percent decline.

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Tag: Asian-hospitality,STR-report-2021,US-hotel-pipeline,2021-hotel-occupancy-rates,Hotel-statistics-2021,hospitality-news,hotel-news-USA

US To Reopen Canada And Mexico Borders-Asian Hospitality

Posted by 30 days ago (https://www.asianhospitality.com/u-s-to-reopen-canada-and-mexico-borders-for-vaccinated-travelers/)

Description: VACCINATED TRAVELERS FROM Mexico and Canada will soon be able travel freely into the U.S. The lifting of such travel restrictions has been a goal of travel associations for months, so the change was welcomed by them. The new policy is in keeping with guidance from the Centers for Disease Control and Prevention and other public health experts, said Alejandro Mayorkas, secretary of Homeland Security, said in a statement.

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Tag: Asian-hospitality,canada-mexico-border,Is-Canada-border-still-closed,US-Canada-border,US-Mexico-border-opening,Canada-border-opening-date,hospitality-news

Nexgen Opens Townplace Suites In Chicago- Asian Hospitality

Posted by 1 days ago (https://www.asianhospitality.com/nexgen-opens-townplace-suites-in-chicago-area/)

Description: The 96-suite TownePlace Suites by Marriott Chicago Waukegan/Gurnee in Waukegan, Illinois, opened Aug. 23. It is owned by NexGen Hotels led by Chris Patel as president. It is near Six Flags Great American Amusement Park, Gurnee Mills Mall, Naval Station Great Lakes, and numerous shopping dining and entertainment options.

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Tag: NexGen-Hotels,Asian-hospitality,TownePlace-Suites,Hospitality-news-2021,hotel-and-hospitality-usa,latest-hospitality-news-usa,US-hotels-news

Oyo: Exploration and experiences tops for U.S. travelers

Posted by 1 days ago (https://www.asianhospitality.com/oyo-report-exploration-and-new-experiences-tops-for-u-s-travelers/)

Description: TRAVELERS IN THE U.S. choose to explore local destinations and new experiences, followed by solo travel, according to a report from OYO Rooms. New York was among the top destinations worldwide. Hygiene and cleanliness also are top priorities for U.S. travelers, according to the OYO Unlocking Travel Report 2021, based on global consumer travel and booking trends. City skylines and sandy beaches now constitute a perfect U.S. holiday, it added.

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Tag: Asian-Hospitality,us-travellers,oyo-room-report,usa-travel-experience,top-travelling-destinations,Hospitality-news-2021

US Hotel Stock Index Rose 5.2 Percent September 2021

Posted by 1 days ago (https://www.asianhospitality.com/hotel-stock-index-rose-5-2-percent-september/)

Description: HOTEL STOCKS ROSE in September based on higher-than-expected group travel business, according to the Baird/STR Hotel Stock Index. The index rose 5.2 percent during the month compared to August. Also, the index was up 13 percent year-to-date for the first nine months of 2021. The Baird/STR index for September surpassed the S&P 500, which fell 4.8 percent from the prior month, and the MSCI US REIT Index, which dropped 6 percent. The hotel brand sub-index rose 6.7 percent from August, while the Hotel REIT sub-index increased 1 percent.

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Tag: Hotel-Stock-Index,Asian-hospitality,STR-forecast-2021,baird/str-hotel-stock-index,STR-hotel-occupancy,Hotel-occupancy-by-market,Hospitality-news-2021

Delta Variant Forces CBRE To Revise Its Economic Forecast

Posted by 2 days ago (https://www.asianhospitality.com/delta-variant-forces-cbre-to-revise-its-economic-forecast/)

Description: THE LONG-AWAITED RETURN of business travel may be delayed as a result of the Delta variant of COVID-19, according to CBRE Hotels Research. As a result, the firm has revised its forecast for the year’s fourth and final quarter. CBRE’s new forecast will extend into 2022 under the expectation that corporate travel budgets will remain constrained until that time. The firm said the momentum the industry developed over the summer due to a surge in leisure travel has been handicapped by Delta’s impact on business travel, leading to a “second-derivative” market condition in which the recovery continues but at a slowing pace.

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Tag: Asian-hospitality,CBRE-research,US-hotels,international-travel,latest-hospitality-industry-updates,Hospitality-news-magazine,Hospitality-news-2021

USTA: Uneven Recovery For Hospitality Sector Jobs

Posted by 2 days ago (https://www.asianhospitality.com/usta-latest-jobs-data-hints-at-uneven-recovery-for-hospitality-sector/)

Description: THE LATEST EMPLOYMENT analysis points to an uneven recovery for the leisure and hospitality sector, according to industry organizations. The sector added more jobs than some others but still well below previous months. The U.S. added 194,000 jobs in September and the unemployment rate fell to 4.8 percent, according to the latest data from the U.S. Bureau of Labor Statistics. Of those, the hospitality sector saw relatively few jobs added, just 74,000, compared to earlier months “where hundreds of thousands of jobs were recovered,” said Tori Emerson Barnes, executive vice president of public affairs and policy for the U.S. Travel Association.

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Tag: Asian-hospitality,USTA-report,hospitality-sector-jobs,Hospitality-industry-employment-Statistics,Leisure-and-hospitality-unemployment-rate,hospitality-news-usa

Hawkeye's Hotel Chauncey Joins Hilton's Tapestry Collection

Posted by 2 days ago (https://www.asianhospitality.com/hawkeye-hotels-hotel-chauncey-joins-hiltons-tapestry-collection/)

Description: HAWKEYE HOTELS’ HOTEL Chauncey Iowa City, Iowa, has joined the Tapestry Collection by Hilton. With this, the boutique hotel will have the option to book through Hilton’s reservation system, and guests will be eligible for Hilton’s loyalty program, according to the Coralville, Iowa-based company. Hawkeye Hotels, led by Ravi Patel as president, opened the 51-room Chauncey in in January 2020.

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Tag: Hawkeye-hotel,hotel-Chauncey,Tapestry-Collection-Hilton,latest-hospitality-industry-updates,Asian-Hospitality,hotel-industry-news-usa,hospitality-business

STR: Group travel demand remains up in week ending Sept. 25

Posted by 3 days ago (https://www.asianhospitality.com/str-group-travel-demand-remains-up-in-week-ending-sept-25/)

Description: THE GROUP TRAVEL business for U.S. hotels rose again to almost 1.3 million for the last full week of September, according to STR. It exceeded 1 million people for the first time since beginning of pandemic a week ago. Group ADR moved past $200 for the first time since February 2020, the report added.

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Tag: US-hotels,group-travel-business-US,Asian-Hospitality,US-hotels-news,hotel-and-hospitality-news,hotel-industry-news-usa,hospitality-business

STR: Occupancy, Revpar Dip In First Week Ending Oct 2

Posted by 3 days ago (https://www.asianhospitality.com/str-occupancy-revpar-dip-in-first-week-ending-oct-2/)

Description: THE PERFORMANCE OF U.S. hotels dipped for the first week of October when compared to previous week, according to STR. Occupancy was 61.7 percent for the week ending Oct. 2, a 9.2 percent decrease from the same period in 2019. It was at 63.2 percent a week ago. RevPAR reduced to $80.78 during the week under review from $84.54 a week ago and dropped 8.2 percent from two years ago. ADR was $130.87 for the week ending Oct.2, a 1.2 percent increase from 2019 levels but was well below the previous week’s rate of $133.69. Phoenix was the top 25 market which recorded the only occupancy increase over 2019, rising 1.8 percent to 66 percent as well as the largest RevPAR, up 15.2 percent to $88.82. Miami reported the largest ADR increase, up 20.6 percent to $174.10, when compared to two years ago.

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Tag: Asian-Hospitality,US-hotels-news,STR-report,Hospitality-news-2021,hotel-and-hospitality-usa,hotel-industry-news,Hospitality-news-magazine

Hospitality Industry Associations News | EIDL Loans

Posted by 3 days ago (https://www.asianhospitality.com/associations-tout-big-wins-in-advocating-for-federal-per-diem-rates-eidl-loans/)

Description: WASHINGTON, D.C., HAS come through on two issues that have been focuses of advocacy by hospitality industry associations, freezing federal per diem travel expense rates and expanding the Economic Injury Disaster Loan program. More remains to be done, however, as the U.S. Travel Association is pressing for passage of a bipartisan infrastructure spending bill.

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Tag: Hospitality-industry-associations-USA,federal-per-diem-travel-expense-rates,EIDL-program,Asian-Hospitality,Hospitality-news-2021,hotel-and-hospitality-usa

Choice Offerings $50,000 For Community Impact Initiatives

Posted by 4 days ago (https://www.asianhospitality.com/choice-offering-50000-in-grants-for-community-impact-initiatives/)

Description: TO RECOGNIZE AND support hotel owners’ community service efforts during the pandemic, Choice Hotels International will provide $50,000 in grants. The money will go to the recipients’ choice for local outreach programs. Originally launched in 2019, Choice’s “Your Community, Your Choice: Local Business Grant Program” will award $5,000 grants to 10 winning franchisees, helping them to make a positive impact in their community. The program will help its hotel owners further their longstanding commitment to caring for the communities outside their hotel doors, the company said.

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Tag: Choice-Hotels-USA,Community-Impact-Initiatives,Collective-impact-initiative,Asian-Hospitality,Hospitality-news-2021,hotel-and-hospitality-usa,hotel-industry-news

Newcrestimage Sells One Hotel, Acquires Another

Posted by 4 days ago (https://www.asianhospitality.com/newcrestimage-sells-one-hotel-acquires-another/)

Description: DALLAS-BASED NEWCRESTIMAGE has concluded two large transactions, selling one hotel in Phoenix and acquiring another in Fort Worth, Texas. The company, led by Mehul Patel as managing partner and CEO, sold its 199-room, 13-floor AC Hotel at Arizona Center in downtown Phoenix to Arbor Lodging Properties, a Chicago-based hotel investment and management firm, a statement has said.

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Tag: Newcrestimage,Asian-Hospitality-news,Hotels-news-usa,Hospitality-news-2021,hotel-and-hospitality-usa,latest-hospitality-news-usa,hospitality-business

Labor Day , Hurricane IDA Boost Hotel Performance

Posted by 6 days ago (https://www.asianhospitality.com/str-labor-day-hurricane-ida-boost-hotel-performance-as-september-begins/)

Description: LABOR DAY WEEKEND, as well as other factors including evacuations from Hurricane Ida, provided a boost to U.S. hotels’ performance in the opening week of September, according to STR. At the same time that she gave to hoteliers, Ida took away as well, closing at least 155 New Orleans hotels.

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Tag: boost-in-US-hotel-performance,asian-hospitality,hotel-industry-news-usa,asian-hospitality-group,Hospitality-news-2021

Report: Recovery continues for extended-stay hotels in Aug.

Posted by 6 days ago (https://www.asianhospitality.com/report-recovery-continues-for-extended-stay-hotels-in-august/)

Description: RECOVERY IN ECONOMY and mid-price extended-stay hotels continued in August as in July, according to a report from hotel investment advisors The Highland Group. However, occupancy in upscale extended-stay hotels declined about 5 percentage points mainly due to the tapering of the seasonal surge in leisure travel.

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Tag: The-Highland-Group-report,extended-stay-hotels,hotel-industry-usa,hotel-and-hospitality-usa,asian-hospitality,hotel-industry-news-usa,asian-hospitality-group

AHLA Surveys: COVID SURGE IMPACT LEISURE, BUSINESS TRAVEL

Posted by 6 days ago (https://www.asianhospitality.com/ahla-surveys-find-covid-19-surge-impacting-leisure-business-travel/)

Description: THE SUDDEN SURGE in COVID-19 cases in the U.S., brought on by the Delta variant of the virus, is leading to a slowdown in leisure and business travel, according to a pair of surveys from the American Hotel & Lodging Association. The expected decline in hotel occupancy resulting from the slowdown must be met by the proposed Save Hotel Jobs Act, AHLA said.

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Tag: AHLA-Surveys,surge-in-covid-cases-in-us,slowdown-in-leisure-and-business-travel,hospitality-industry,hotel-and-hospitality-usa,asian-hospitality

SBA Announces Covid EIDL Loan Program Modifications

Posted by 7 days ago (https://www.asianhospitality.com/sba-announces-modifications-to-covid-eidl-loan-program/)

Description: THE SMALL BUSINESS ADMINISTRATION has made several modifications to the COVID Economic Injury Disaster Loan program that address concerns many in the hospitality industry have had about the program’s accessibility and effectiveness. They include an increase in the EIDL program’s borrowing limit and an extended deferment period.

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Tag: COVID-EIDL-loans,hospitality-industry,SMALL-BUSINESS-ADMINISTRATION,asian-hospitality,Covid-EIDL-Loan-Program,hotel-and-hospitality-usa,SBA-EIDL-portal

Cuculic will be president and CEO for Best Western

Posted by 7 days ago (https://www.asianhospitality.com/cuculic-will-be-president-and-ceo-for-best-western/)

Description: LAWRENCE “LARRY” CUCULIC, Best Western Hotels Group’s senior vice president and general counsel, will succeed David Kong as the company’s president and CEO when Kong retires at the end of the year. The announcement was made during the company’s annual convention in Las Vegas Thursday after an emotional farewell to Kong, who has served as president and CEO for 17 years.

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Tag: LAWRENCE-CUCULIC,best-western-ceo,latest-hospitality-news-usa,Asian-Hospitality,Hospitality-news-magazine,Hospitality-news-2021

A SEASON OF CHANGE-Asian Hospitality| Hospitality News

Posted by 8 days ago (https://www.asianhospitality.com/a-season-of-change/)

Description: A pandemic winding down unevenly, a search for top executives following the resignation of the president and CEO, and a return to an in-person convention are some of the challenges awaiting incoming AAHOA Chairman Vinay Patel. By the end of his term, the association may look different from when he began, but Patel said its essential purpose, serving its membership, will remain the same.

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Tag: Aahoa,latest-hospitality-news-usa,Asian-Hospitality,hotel-and-hospitality-news,hotel-industry-news-usa,aahoa-news-usa-2021

US Tops Global Hotel Construction Pipeline-Asian Hospitality

Posted by 8 days ago (https://www.asianhospitality.com/le-u-s-tops-global-hotel-construction-pipeline/)

Description: THE U.S. TOPPED the global hotel construction pipeline for projects in the second quarter, according to Lodging Econometrics. The pipeline overall continued to show growth, and the top markets and hotel companies also were U.S. based.

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Tag: global-hotel-construction-pipeline,Asian-Hospitality-USA,Lodging-Econometrics-Pipeline-Report,hotel-projects-in-us,hotel-and-hospitality-news,hotel-industry-news-usa

EXPEDIA: Outdoors,Leisure Destinations Are Top Choices in US

Posted by 8 days ago (https://www.asianhospitality.com/expedia-outdoors-leisure-destinations-are-top-choices-now/)

Description: AS HOLIDAY TRAVEL planning is underway for Thanksgiving and Christmas, sunny beachside destinations across Mexico, the southern U.S. and the Caribbean,have emerged as top choices, according to a survey from Expedia. Mountaintop getaways to Utah and Colorado also top the list of destinations.

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Tag: Expedia,holiday-destination-in-US,travel-destinations,Travel-news-USA,top-trending-destinations-for-thanksgiving-weekend,Asian-Hospitality,hospitality-news-usa

Hospitality Companies Ennismore, Accor Form Joint Ventures

Posted by 8 days ago (https://www.asianhospitality.com/hospitality-companies-ennismore-accor-form-joint-venture/)

Description: LIFESTYLE HOTELS COMPANY Ennismore and French multinational Accor have formed a joint venture in the latest consolidation in the hospitality industry. The new entity will retain the name Ennismore where its founder Sharan Pasricha will hold a 33.33 percent stake and Accor will have a controlling 66.67 percent shareholding. Pasricha and his “longtime friend” Gaurav Bhushan of Accor will together run the joint venture as co-CEOs.

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Tag: Ennismorem,Accor,hospitality-industry,Ennismore-Accor-merger,Ennismore-hotels,Hotel-industry-news-trends,Hospitality-news-2021,Hospitality-news-magazine

Newcrestimage Sells Its Hyatt In Amarillo- AsianHospitality

Posted by 8 days ago (https://www.asianhospitality.com/newcrestimage-sells-its-hyatt-place-in-amarillo-texas/)

Description: NEWCRESTIMAGE HAS SOLD its Hyatt Place in Amarillo, Texas, to an affiliate of KAMP Hotels, LLC. The transaction is part of the Dallas-based company’s $100 million private real estate fund which was launched on January 4th of this year. The 91-room, 4-floor Hyatt Place opened in December of 2019. NewcrestImage continues to operate two hotels in downtown Amarillo, a 107-room, 10-floor Courtyard by Marriott and a 226-room, 6-floor Embassy Suites. It owns 27 hotels total.

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Tag: Newcrestimage,Hyatt-Place-in-Amarillo,hotel-and-hospitality-news-USA,Asian-Hospitality,hospitality-news-usa,hotel-industry-news,us-hotel-news

AAHOA releases state-by-state breakdown of impact study

Posted by 8 days ago (https://www.asianhospitality.com/aahoa-releases-state-by-state-breakdown-of-impact-study/)

Description: IN AUGUST, AAHOA members found out exactly how much impact they had nationwide on the hotel industry. Now they can break that data down specifically for the state or states in which they do business. The initial report, unveiled at the 2021 AAHOA Convention & Trade Show in Dallas, Texas, revealed that the association’s nearly 20,000 hoteliers own 34,260 hotel properties with 3.1 million guestrooms, which account for 60 percent of the hotels in the U.S. They also provide 2.2 million direct-impact jobs.

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Tag: Aahoa,state-by-state-break-downs,Asian-Hospitality,hotel-and-hospitality-news,hotel-industry-news-usa,hotel-news-usa

Choice's Cambria Gets Agile New Prototype -Asian Hospitality

Posted by 11 days ago (https://www.asianhospitality.com/choices-cambria-gets-agile-new-prototype/)

Description: CHOICE HOTELS INTERNATIONAL introduced a new prototype for its upscale Cambria brand during the 2021 Lodging Conference in Phoenix last week. The new design is meant to ease the brand into new, urban markets by reducing size and maximizing use of space.

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Tag: Choice-hotels-international,Cambria,Asian-Hospitality,Hotel-industry-news-trends,asian-hospitality,hospitality-news-usa,us-hotel-news,hotel-and-hospitality-usa

Aaron Greenman: Auro Hotel's New EVP - Asian Hospitality

Posted by 11 days ago (https://www.asianhospitality.com/greenman-is-auro-hotels-new-evp-for-investments-and-development/)

Description: Aaron Greenman is now executive vice president for investments and development at Auro Hotels. He will oversee the growth strategy for the Greenville, South Carolina-based company led by D.J. Rama as president and CEO.

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Tag: Aaron-Greenman,Auro-Hotels,hotel-and-hospitality-news-USA,Hospitality-Industry-USA,Asian-Hospitality-USA,hospitality-business-USA

Rama Inducted Into HFTP Hospitality Technology Hall Of Fame

Posted by 13 days ago (https://www.asianhospitality.com/rama-inducted-into-hftp-hospitality-technology-hall-of-fame/)

Description: Raman “R.P.” Rama, president and CTO/CIO of Sarona Hotels & Holdings, investments and premier management services, has been inducted into the Hospitality Financial and Technology Professionals’ International Hospitality Technology Hall of Fame. Rama also is HFTP past president and founding director and member of HFTP’s recently formed India Chapter.

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Tag: Hospitality-Financial-and-Technology-Professionals,Hospitality-Industry,Asian-Hospitality,hospitality-business,hospitality-news-usa,International-Hospitality-Technology-Hall-of-Fame

Stonehill Construction Loan For Florida Resort

Posted by 13 days ago (https://www.asianhospitality.com/stonehill-completes-104-million-construction-loan-for-florida-resort/)

Description: COMMERCIAL REAL ESTATE direct lender Stonehill completed a $104 million construction loan to TPI Hospitality for a 254-key Margaritaville Resort in Fort Myers Beach, Florida. Stonehill also recently originated a $28 million loan to fund construction on a 167-key, all-suite Marriott SpringHill Suites hotel in Tampa, Florida. The Margaritaville Resort is scheduled to open in early 2023.

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Tag: Stonehill-Construction,Florida-Resort,us-commercial-real-estate-market,Asian-Hospitality,hospitality-business,hospitality-news-usa,hotel-industry-news,us-hotel-news

Vision Hospitality Appoints Two New Executives

Posted by 14 days ago (https://www.asianhospitality.com/vision-hospitality-appoints-two-new-executives/)

Description: VISION HOSPITALITY GROUP has filled two key positions on its executive team. Lynn Mucciano is vice president of sales and marketing and Jan McCormick is the Chattanooga, Tennessee-based company’s regional vice president of operations in Nashville. Vision Hospitality is led by Mitch Patel as president and CEO.

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Tag: VISION-HOSPITALITY-GROUP,Asian-Hospitality,hospitality-business,asian-hospitality,hospitality-news-usa,hotel-industry-news,us-hotel-news,hotel-and-hospitality-usa

Organizations Launch "Fortuna’s Table" For Hotel Ownership

Posted by 14 days ago (https://www.asianhospitality.com/organizations-launch-fortunas-table-to-further-hotel-ownership/)

Description: TWO ORGANIZATIONS DEDICATED to helping women progress in their careers in the hospitality industry have launched a joint venture to further that goal.

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Tag: Fortuna’s-Table,Hotel-Ownership,Castell-Project,Asian-Hospitality-USA,hotel-and-hospitality-news,hospitality-news,USA-hotel-news

Hawkeye Hotels Opens Holiday Inn In Erie, PA

Posted by 14 days ago (https://www.asianhospitality.com/hawkeye-hotels-opens-holiday-inn-in-erie-pa/)

Description: The Holiday Inn Erie in Erie, Pennsylvania, is now open. It is owned by Hawkeye Hotels of Holiday Inn Erie, Pennsylvania. It is owned by Hawkeye Hotels led by Ravi Patel as president. This is Hawkeye Hotels’ second property in Pennsylvania.

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Tag: Hawkeye-Hotels-USA,asian-hospitality,hospitality-news-usa,hotel-industry-news,us-hotel-news,hotel-and-hospitality-usa,US-monthly-news-magazine

Wyndham Launches Program To Support Women Hoteliers

Posted by 16 days ago (https://www.asianhospitality.com/wyndham-launches-program-to-support-women-hoteliers/)

Description: WOMEN STILL FACE obstacles to their careers in the hospitality industry on several levels. A new program from Wyndham Hotels & Resorts aims to knock those obstacles down. Wyndham’s “Women Own the Room” program offers participants financial solutions, personalized operational guidance and support and opportunities for networking and education.

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Tag: Wyndham-Hotels-and-Resorts,women-entrepreneurs,women-in-hospitality,asian-hospitality,hospitality-news-usa,hotel-industry-news,us-hotel-news

Peachtree Hotel Group Promotes Meyer And Smith To New Roles

Posted by 16 days ago (https://www.asianhospitality.com/peachtree-hotel-group-promotes-meyer-and-smith-to-new-roles/)

Description: Delana Meyer is vice president of digital media and strategy and Jeanne Smith is vice president of revenue for Peachtree Hotel Group. Both positions are in Peachtree Hotel Management, the hotel operations and management division of the Atlanta-based company, led by Jatin Desai and Mitul Patel as managing principals. The appointments bring the ratio of women in leadership roles in the company to about 50 percent.

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Tag: PEACHTREE-HOTEL-GROUP,Delana-Meyer,Jeanne-Smith,women-in-hospitality,asian-hospitality,hospitality-news-usa,hotel-industry-news,us-hotel-news

AAHOA MARRIOTT Updated Human Trafficking Awareness Training

Posted by 16 days ago (https://www.asianhospitality.com/aahoa-marriott-update-their-human-trafficking-awareness-training/)

Description: THE PROBLEM OF human trafficking in hotels has been ongoing for years, but the nature of the crime and how it is perpetrated has changed. To keep up, industry associations and companies must change their approach to the problem. AAHOA recently updated its Businesses Ending Slavery and Trafficking (BEST) Inhospitable to Human Trafficking training program to better prepare its members. In July, Marriott International announced similar updates to its training program with the goal of training all of its on-property employees to recognize and respond to potential indicators of human trafficking at hotels by 2025.

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Tag: Human-Trafficking-training-program,hotel-industry-news,hospitality-industry,asian-hospitality-usa,hotel-and-hospitality,hotel-news-today

Best Western's Kong Retire At End Of Year-Asian Hospitality

Posted by 17 days ago (https://www.asianhospitality.com/best-westerns-kong-to-retire-at-end-of-year/)

Description: DAVID KONG, CEO of Best Western Hotel Group, will retire at the end of this year. He has held the position for 20 years, the longest term as CEO over any major hotel company ever held, according to Best Western.

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Tag: David-kong,Western-Hotel-Group,asian-hospitality,hotel-and-hospitality-news-USA,hospitality-news-usa,hotel-industry-news,us-hotel-news,US-hotel-industry

JLL’s Perez-Alvarado receives Castell Award

Posted by 17 days ago (https://www.asianhospitality.com/jlls-perez-alvarado-receives-castell-award/)

Description: Gilda Perez-Alvarado, global CEO of JLL Hotels & Hospitality, received the second annual Castell Award honoring a woman leader in the hospitality investment arena Tuesday. In her acceptance speech on the stage at the 2021 Lodging Conference held in Phoenix, Perez-Alvarado dedicated the award to her daughter.

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Tag: Perez-Alvarado,Hotels-and-Hospitality-industry,Castell-Award,Asian-hospitality,hospitality-industry-news,US-monthly-news-magazine

Survey:88 % Of US Parents Likely To Travel In Next 12 Months

Posted by 17 days ago (https://www.asianhospitality.com/survey-88-percent-of-u-s-parents-likely-to-travel-in-next-12-months/)

Description: AS MANY AS 88 percent of U.S. parents are likely to travel with their children in the next 12 months, according to the 2021 U.S. Family Travel Survey. The survey also found that families pay more attention to cancellation policies and to health and safety considerations when choosing travel destinations.

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Tag: usa-news-survey,2021-US-Family-Travel-Survey,Hospitality-conferences-2021-in-USA,asian-hospitality,hospitality-news-usa,asian-hospitality-magazine,asian-hospitality-usa

7 Changes To Hospitality From Covid-19 -19-Asian Hospitality

Posted by 18 days ago (https://www.asianhospitality.com/blog-details-7-changes-to-hospitality-from-covid-19/)

Description: THE HOTEL INDUSTRY is one of the badly hit sectors across the world due to COVID-19 pandemic. Now, as expected, the recovery process is also slow in the segment. But there are some changes in hotels happened due to the pandemic. Experts say that these will be permanent in the future. Hilton has listed seven temporary adjustments which will become permanent and the impact of the pandemic on hotel stays in the future. These are the predictions in hotel experience from Hilton which travelers can expect in years to come.

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Tag: hotel-industry,hospitality-industry,asian-hospitality-usa,Post-Covid-hospitality-design,Hospitality-future-after-coronavirus,future-of-tourism-and-hospitality-industry-after-covid-19

Radisson Hotel Group USA| Hotel News| Asian Hospitality

Posted by 18 days ago (https://www.asianhospitality.com/radisson-hotel-group-americas-moves-hq-into-new-location-in-early-2022/)

Description: RADISSON HOTEL GROUP Americas is moving its headquarters from Minnetonka, Minnesota, to West End of St. Louis Park, Minnesota, in early 2022. The 35,000 square feet of space at the new location provides added convenience for employees to run errands, grab lunch, or get together with colleagues after work hours, according to the company. Radisson’s logo is on top of the new building will get approximately 250,000 impressions each day from those driving by, the company said in a statement. Minneapolis based and woman-owned architecture firm, Studio BV, has designed the office floor by incorporating elements from each brand within the company’s portfolio.

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Tag: Radisson-hotel-group-USA,Radisson-Hotel-locations-USA,hotel-news-usa,hotel-industry-news-usa,asian-hospitality,hotel-and-hospitality,hotel-news-today

Report: U.S. hotels to lose $59 billion in business travel revenue in 2021 - Asian Hospitality

Posted by 18 days ago (https://www.asianhospitality.com/report-u-s-hotels-to-lose-59-billion-in-business-travel-revenue-in-2021/)

Description: U.S. HOTELS ARE projected to incur more than $59 billion loss in business travel revenue this year compared to 2019, according to a report by the American Hotel & Lodging Association and Kalibri Labs. The loss was $49 billion from the segment last year and revenue from it is unlikely to reach pre-pandemic levels until 2024, the report added. New York will be on the top of the list with an estimated loss of $4.03 billion, followed by Washington with $2.37 billion and San Francisco with $2.35 billion. Markets that also will suffer significant losses include such as Orlando with $2.28 billion, Chicago with $2.18 billion, Los Angeles with $1.93 billion, Las Vegas with $1.66 billion, Boston with $1.48 billion, San Diego with $1.22 billion and Hawaiian Islands with $1.18 billion.

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Tag: us-hotel-news,US-hotel-industry,hospitality-and-leisure-industry,hospitality-industry-news-usa,asian-hospitality-usa,hotel-news-usa

STR: Occupancy hits 4-week high for U.S. hotels - Asian Hospitality

Posted by 18 days ago (https://www.asianhospitality.com/str-occupancy-hits-4-week-high-for-u-s-hotels/)

Description: GROUP TRAVEL CAME to the rescue for U.S. hotels during the second week of September, bringing occupancy up to a 4-week high, according to STR. Occupancy reached 63 percent during the week ending Sept. 18, up from 60 percent the week before but down 11.6 percent from the comparable time period in 2019. ADR was $131.04, up from $130.82 weekly and down 2.6 percent from two years before. RevPAR rose to $82.50 on a weekly basis from $78.46 but dropped 13.9 percent from 2019 levels. “The gain in occupancy was helped by weekly group demand eclipsing 1 million for the first time since the earliest days of the pandemic,” STR said. “More group demand created a lowering effect on ADR, as group rooms for upper-tier classes are typically priced lower than transient rooms.”

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Tag: latest-STR-report,str-hotel-report,STR-weekly-hotel-report,STR-report,Hotel-occupancy-forecast-2021,asian-hospitality-magazine,asian-hospitality-usa,hotel-industry-news-usa

OYO seeking up to $1.2 billion in IPO - Asian Hospitality

Posted by 19 days ago (https://www.asianhospitality.com/oyo-seeking-up-to-1-2-billion-in-ipo/)

Description: HOSPITALITY FIRM OYO is planning to raise up to $1.2 billion through an IPO and is expected to file the draft red herring prospectus with market regulator SEBI this week, sources said on Thursday. OYO has appointed investment banks like JPMorgan, Citi and Kotak Mahindra Capital to manage its public issue, they added. Comments from OYO could not be obtained. The proposed IPO plan of the hospitality firm follows the spectacular success of Zomato’s IPO that ended with a bumper oversubscription on July 16 and was the biggest since March 2020. Last week, shareholders of Oravel Stays, the parent company of hospitality firm, had approved the conversion of OYO from a private limited company to a public limited company, according to a regulatory filing.

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Tag: oyo-ipo,hospitality-firm,asian-hospitality-usa,oyo-ipo-share-price,oyo-share-price,oyo-ipo-2021,hospitality-industry-news-usa,asian-hospitality-magazine

Survey: Bad radios cause hotel employees to consider leaving jobs

Posted by 21 days ago (https://www.asianhospitality.com/survey-bad-radios-cause-hotel-employees-to-consider-leaving-jobs/)

Description: AS THE HOSPITALITY industry continues to struggle with a labor shortage, hotel owners and operators must address any issue that affects employee retention. According to a recent survey from communications technology company Relay, that includes updating the walkie-talkie radios they use on the job. Relay’s survey of 250 U.S. hospitality employees found that one in five felt unsafe at work because of faulty radios that failed to connect quickly, were out of range or did not connect to the right channel. More than 70 percent have resorted to using personal smartphones on-the-job because of radio malfunctions. Close to 50 percent of respondents would consider quitting their jobs for better, safer workplace communication technology.

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Tag: asian-hospitality-usa ,hotel-news-usa,why-hotel-employees-leave-their-job,employee-retention-in-hotel-industry,hospitality-industry-usa, asian-hospitality-usa, hotel-hospitality

OYO and Microsoft to develop ‘smart room’ technology - Asian Hospitality

Posted by 21 days ago (https://www.asianhospitality.com/oyo-and-microsoft-to-develop-smart-room-technology/)

Description: MICROSOFT AND OYO Hotels and Homes will work together to develop “smart room” technology including customized in-room experiences, self-check-in, guest ID verification and augmented customer service, IoT-managed smart locks and virtual assistance using Microsoft Azure IoT. Small and independent hotels and homeowners worldwide will be able to use the new technology to manage guests’ experience, increase revenue and run operations securely. As part of the partnership, Microsoft has also made an equity investment in OYO. According to an OYO spokesperson, a large number of the new smart room solutions are a direct result of feedback and input received from its patrons who operate small and medium hotels.

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Tag: smart-room-technology,smart-room-technology-in-hotels,oyo-hotels,microsoft,IoT-managed-smart-locks-in-hotels,IoT-Smart-Hotels,Smart-hotels-in-hospitality-industry,asian-hospitality-usa,hotel-news-usa

Hilton, Mars Petcare enter agreement to promote pet friendly policies

Posted by 21 days ago (https://www.asianhospitality.com/hilton-mars-petcare-enter-agreement-to-promote-pet-friendly-policies/)

Description: More people are traveling, and more of them are bringing a pet with them on vacation. Hilton is aiming to corner that market for its extended-stay brands, Homewood Suites by Hilton and Home2 Suites by Hilton, with a new partnership with pet care company Mars Petcare. Under the new agreement, Homewood Suites and Home2 will implement pet-focused programming and benefits in the U.S. and Canada. Additionally, by Jan. 1, 2022, both brands will become a 100 percent pet-friendly and will introduce consistent pet fees, starting at $50 per stay. The new programs will be based on data from Mars Petcare’s Better Cities for Pets program. As part of the agreement between the two companies, guests at Homewood Suites and Home2 Suites locations will have early access to a Mars Petcare digital service pilot program offering expert tips to help pets adjust to the new environment. That service will initially be available in Dallas; Jackson, Wyoming; Miami; Nashville, Tennessee; and Phoenix.

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Tag: pet-friendly-hotel-policies,Pet-friendly-Hotels-near-me,pet-friendly-hotel-policies-usa,Pet-Friendly-Hotel-Chain-USA,hospitality-industry-usa,asian-hospitality-usa,hotel-hospitality

Greene named full-time president, CEO for AAHOA - Asian Hospitality

Posted by 22 days ago (https://www.asianhospitality.com/greene-named-full-time-president-ceo-for-aahoa/)

Description: KEN GREENE HAS been named as the new president and CEO of AAHOA. He has served in an interim capacity in the position since June. Greene, who previously started a consulting firm after serving as Radisson Hotel Group president for the Americas, was selected to fill the president and CEO position by a unanimous vote by the AAHOA board of directors, according to a statement. He was selected for the interim position after the former president and CEO, Cecil Staton, suddenly resigned in June. “AAHOA has been a part of my life for years, so when the opportunity came up to become Interim President and CEO, it was an easy decision to make,” Greene said. “These last few months have exceeded my expectations, and I’m looking forward to continuing to build relationships with our officers, board, members, and industry partners.”

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Tag: hospitality-industry-news-usa,Ken-Greene-AAHOA,asian-hospitality,asian-hospitality-usa,industry-news,hospitality-magazine,hotel-industry-news-usa

Kalibri Labs: Demand will continue as U.S. hotels recover

Posted by 23 days ago (https://www.asianhospitality.com/kalibri-labs-demand-will-continue-as-u-s-hotels-recover/)

Description: THERE HAS BEEN a slight increase in ADR in U.S. hotels in the week ending Sept. 3, compared to same period two years ago, according to a report by Kalibri Labs. However, occupancy remains low when compared to 2019, and more than 1,300 hotels remained closed. Occupancy rose 5 percent from the last week of August. ADR in the first week of this month was up 4 percent compared to two years ago, which showed an increase from August last week’s figure of 3.3 percent. Occupancy was down 11.3 percent in the first week of September in comparison to the same period in 2019. It was down 16.3 percent a week ago. According to the report, the recent record hike of ADR when compared to two years ago happened in the first week of July when it was up by 5 percent. Occupancy was also just 1.1 percent down then when compared to 2019.

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Tag: US-HOTEL-RECOVERY,KALIBRI-LABS,covid-19-impact-on-hotel-industry-US,future-of-hotel-industry-after-covid-19-US,asian-hospitality-US,asian-hospitality-magazine,hospitality-news-magazine

Hoteliers cheer plans to end travel restrictions for vaccinated passengers

Posted by 23 days ago (https://www.asianhospitality.com/hoteliers-cheer-plans-to-end-travel-restrictions-to-u-s-for-vaccinated-passengers/)

Description: THE U.S. ON Monday announced it will lift COVID travel bans on all air passengers in November if they are fully vaccinated and undergo testing and contact tracing. Hotel and travel associations welcomed the decision to lift the bans, implemented to prevent the spread of COVID-19 but which now pose a threat to the hospitality industry’s recovery. The unprecedented restrictions had kept relatives, friends and business travelers around the world separated for many months as the pandemic grinds on. In July, President Joe Biden said discussions were under way on lifting the restrictions for vaccinated people, at least between the U.S. and Europe.

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Tag: lifting-covid-travel-restrictions,international-travel-restrictions,Hotel-and-travel-associations-welcomed-the-decision-to-lift-the-bans,COVID-19-Tourism-Recovery,hospitality-industry-recovery

Luchars is Stonebridge Cos. new senior advisor - Asian Hospitality

Posted by 24 days ago (https://www.asianhospitality.com/luchars-is-stonebridge-cos-new-senior-advisor/)

Description: Jim Luchars is the new senior advisor for Denver-based Stonebridge Cos. Previously, he was chief investment officer for the company, led by Aly-khan Merali as president and managing partner and founder and CEO Navin Dimond. Prior to joining Stonebridge, Luchars served as a principal with AEW Capital Management, leading the firm’s hospitality group. Prior to that he was senior consultant with the Ernst & Young Kenneth Leventhal Real Estate Group in New York City. As chief investment officer, he oversaw acquisition and development growth initiatives for Stonebridge. He will continue to serve in that role until the company finds a replacement.

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Tag: Jim-Luchars,asian-hospitality,asian-hospitality-magazine,hospitality-news-magazine,Stonebridge,hospitality-news-2021,hotel-industry-news-trends,hospitality-usa-news,Latest-news-about-tourism-and-hospitality-industry

Brands likely to take a hard look at housekeeping

Posted by 25 days ago (https://www.asianhospitality.com/hotstats-brands-likely-to-take-a-hard-look-at-housekeeping/)

Description: THERE HAS BEEN mixed response to the trend of making housekeeping an on-request deliverable rather than a standard service, according to HotStats. The hotel industry might take a cue from top brands to decide on this in the future. Housekeeping labor on a per-available-room basis remains down across the globe, but it is showing some signs of a resurgence as demand is back, HotStats said in a blog post. The suspension of daily housekeeping was a strategy to limit guests and staff against exposure to COVID-19, but it was deemed a money saver, limiting housekeeper hours. Hilton was the first one to introduce it, later most brands followed. Now, many hotels are doing away with daily cleanings. Some brands such as Omni Hotels & Resorts, are still offering full cleanings by request. Omni, like most other hotels, are also presenting the option of partial cleanings, which entail a refresh of towels and trash removal, the blog post added.

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Tag: hotel-housekeeping,housekeeping-after-covid,current-trends-in-housekeeping-department,on-request-housekeeping,asian-hospitality

Lab-grown protein set to transform pet food - Business & Industry | News | Analysis | Magazines- Asian Trader

Posted by 28 days ago (https://www.asiantrader.biz/lab-grown-protein-looks-to-transform-pet-food/)

Description: Cloudy liquid bubbling in glass tubes is key to a US startup’s hopes of remaking the pet food industry by growing nutritional meals in a lab. Most pet food includes animal protein, which requires the slaughter of animals and is ultimately a source of planet-warming gases. Rich Kelleman’s Colorado-based Bond Pet Foods, however, is aiming to sidestep both pitfalls by making those same proteins in a biotech process. His inspiration comes in part from his own disgust over the treatment of livestock on its way to the food supply.

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Tag: bond-pet-foods,lab-grown-meat,Pet-Food-World,pet-food,lab-grown-meat-uk,lab-grown-meat-companies-uk,trending-retail-news,asian-business-news,online-retail-news

Coop Food Group partners with Volumatic| SmartCash

Posted by 28 days ago (https://www.asiantrader.biz/coop-food-group-partners-with-volumatic-to-offer-better-cash-handling-solutions/)

Description: Volumatic and Coop Food Group have been rolling out the SmartCash solution across all 2,600 Coop stores during the last 12 months. In the wake of the pandemic, SmartCash, a one-touch cash handling solution with Volumatic’s CCi device, has helped protect Coop store colleagues by minimising cash contact while eliminating forgeries, reducing theft risk, and minimising banking errors for the business. SmartCash focuses on creating a safer, more secure environment for Coop store colleagues. All the while, saving colleagues and store managers hours in managing cash so that they can dedicate more time to their customers and create a safer, more enjoyable shopping experience for all.

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Tag: coop-food-group , volumatic,cash-handling-solutions,smartcash,one-touch-cash-handling-solution,trending-retail-news,asian-business-news,online-retail-news

Food Information Amendment: Must know about Natasha’s Law

Posted by 29 days ago (https://www.asiantrader.biz/food-information-amendment-how-well-are-you-prepared-for-natashas-law/)

Description: From Oct 1, all foods produced and packed for sale at the same premises must be labelled with a full list of ingredients. The UK Food Information Amendment, also known as ‘Natasha’s Law’, is being introduced to protect allergy sufferers and give them confidence in the food they buy. As per the new law, the name of the food and all ingredients must be listed on the packaging of all prepacked food with allergenic ingredients emphasised clearly. These changes will first apply to businesses in England and are also expected to come into force in Scotland, Wales and Northern Ireland in the near future.

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Tag: allergenic-ingredient,food-allergens-list,label-for-PPDS-food-in-UK,Natasha-law,prepacked-food,uk-food-information-amendment,asian-trader, business-magazine,retailer-news,asian-trader-uk

Motherwell retailer hits first £1 million of home delivery sales

Posted by 30 days ago (https://www.asiantrader.biz/motherwell-retailer-hits-first-1-million-of-home-delivery-sales/)

Description: A Scottish retailer has crossed £1 million of home delivery sales with Snappy Shopper. Adeil Hussain, who runs the One Stop store in Airbles, Motherwell hit the milestone this week, in just under 20 months after he started the service in February 2020. He introduced the service when the Covid-19 pandemic was closing in, but as a new concept, things didn’t take off immediately and he was fulfilling just a couple of deliveries a day. However, when the first lockdown happened, things really changed pace and he has never looked back. The infrastructure with Snappy Shopper was in place and a couple of orders per day turned into 15. This figure increased each week, to 55 deliveries a day and could run anywhere up to 100 a day.

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Tag: Home-Delivery ,One-Stop-store ,Snappy-Shopper,asian-trader business-magazine retailer-news asian-trader-uk

Co-op partners with Amazon to expand online sales, set to increase robot deliveries

Posted by 30 days ago (https://www.asiantrader.biz/co-op-joins-hands-with-amazon-to-expand-e-commerce-amid-criticism/)

Description: The Co-op has announced a partnership with Amazon Prime, in turn enabling Britons to do their complete grocery shopping online with same-day delivery, reports stated today (16). The supermarket chain is also extending its robot deliveries, so it can push its online sales up from £70 million to £200 million. The partnership launched in Glasgow and surrounding areas today (16) and will be rolled out to other parts of the country before the end of the year.

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Tag: Co-op, robot-delivery,Co-op-stores-in-UK,robot-deliveries-uk,asian-trader, business-magazine, retailer-news, asian-trader-uk

Tullamore D.E.W introduces new whiskey innovation Tullamore D.E.W

Posted by 1 hours ago (https://www.asiantrader.biz/tullamore-d-e-w-introduces-new-whiskey-innovation-tullamore-d-e-w-honey/)

Description: Tullamore D.E.W. on Wednesday (15) announced the launch of its latest innovation- Tullamore D.E.W. Honey, made by combining multi-awarded triple blend whiskey and 100 per cent natural Bohemian honey to create a liqueur that’s warm, sweet, smooth and filled with Irish character. To make Tullamore D.E.W. Honey, the firm has combined its world-renowned Tullamore D.E.W. Whiskey with natural Bohemian honey, sourced from the hives of Bohemia, with one of the highest densities of small and independent beekeepers in the world. Read the entire article at the website.

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Tag: asian-trader, business-magazine, retailer-news, asian-trader-uk,Tullamore-DEW,e-magazine-in-uk,whiskey-innovation,tullamore-honey, product-news

McCain-backed plant-based brand Simple Root set for UK launch

Posted by 4 hours ago (https://www.asiantrader.biz/mccain-backed-plant-based-brand-simple-root-set-for-uk-launch/)

Description: The Simple Root, a new global plant-based brand backed by McCain Foods, will be launched in the UK later this year, with a range of dairy alternative products. The range includes versatile cooking sauces such as bechamel, truffle and cheese, and pesto, cream ‘cheeze,’ and a range of dips such as roasted garlic and herb and smoky chipotle. The Simple Root uses innovative technology to transform potatoes and other root vegetables into the creamy taste and texture which is essential to many consumer’s favourite dairy treats, but without artificial flavours and allergens such as dairy, nuts, soy and eggs. The technology to create this patented ingredient base was developed in collaboration with McCain Foods, the world’s largest manufacturer of frozen potato products, and Pilot Lite Capital. Read the entire article at the website.

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Tag: dairy-alternative-products, McCain-Foods, plant-based ,The-Simple-Root ,asian-trader, business-magazine, retailer-news,asian-trader-uk

As House of Lords debate policing bill, government urged to act on shop crime

Posted by 1 days ago (https://www.asiantrader.biz/as-house-of-lords-debate-policing-bill-government-urged-to-act-on-shop-crime/)

Description: With the Police, Crime, Sentencing and Courts Bill is set for the second reading in the House of Lords today, the British Retail Consortium (BRC) has called on the government to indicate in the debate that it will honour the commitment it made in the House of Commons to address the issues of rising violence and abuse against shop workers and ensure that they have better protection under the law. For more details, read the entire news.

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Tag: asian-trader business-magazine retailer-news asian-trader-uk British-Retail-Consortium Retail-Crime shop-crime

Ferrero unveils Christmas range

Posted by 2 days ago (https://www.asiantrader.biz/ferrero-unveils-christmas-range/)

Description: Ferrero has unveiled an array of new products across its chocolate confectionery brands ahead of the Christmas season. The range includes refreshed novelty figures and advent calendars, in addition to entering new confectionery segments. Check out the various range.

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Tag: ferrero-rocher ferrero-rocher-new-products-for-christmas ferrero-rocher-christmas ferrero-rocher-hazelnut product-news ferrero-rocher-christmas