Calculating Your Hotel Average Daily Rate: Understanding ADR and Ways to Increase It
Calculating Your Hotel Average Daily Rate One of the key metrics that hoteliers must regularly monitor when tracking hotel revenue is the Average Daily Rate (ADR). It’s a fundamental component…
Randall Williams Named General Manager for the Fairmont Waterfront Vancouver Hotel
Randall Williams - Image Credit Fairmont Hotels Fairmont Waterfront announced the appointment of Randall Z. Williams as General Manager, effective September 3, 2024. Randall brings a wealth of experience and…
Four Seasons Reaches Record Highs In Growth Of Residential Portfolio
Four Seasons Reaches Record Highs In Growth Of Residential Portfolio - Image Credit Four Seasons Hotels Four Seasons is leveraging its industry-leading position to expand its portfolio of luxury Private…
Philip F. Anschutz to Receive 2024 Historic Hotels of America Legacy of Innovation and Inspiration Award
Philip F. Anschutz - Image Credit Historic Hotels of America and The Anschutz Corporation Historic Hotels of America is pleased to announce that Philip F. Anschutz has been named the…
Heatwave in the European Hotel Industry
Heatwave in the European Hotel Industry - Image Credit Unsplash+ Temperatures continue to rise across the Old Continent, and so does the performance of the European hotel industry. For July,…
Accor to Open New Mövenpick Hotel in Armenia
Rendering of the Mövenpick Resort Tsaghkadzor - Image Credit Accor The upscale property will launch in 2026 in the resort town of Tsaghkadzor Accor recently announced the signing of an…
Choice Hotels Announces First Contract Awarded Under Recently Reintroduced Soar Program
Choice Hotels Announces First Contract Awarded Under Recently Reintroduced Soar Program - Image Credit Choice Hotels Conversion Agreement Signed with Choice's Suburban Studios Extended Stay Brand Choice Hotels International, Inc.…
Royal Lahaina Resort & Bungalows Reopens Following 2023 Wildfires
Royal Lahaina Resort Royal Lahaina Resort & Bungalows, one of Maui's first resorts and a historically celebrated retreat for royalty, announced its reopening. The 27-acre oceanfront resort reopens its doors…
Hospitality Companies Leverage Near-Term Stability for Long-term Success Says PwC
Hospitality Companies Leverage Near-Term Stability for Long-term Success Says PwC Most subsectors of the US and global hospitality industries are expected to maintain growth at current levels through 2024 and…
255 Room Hotel in Malacca, Malaysia Listed for Sale
255 Room Hotel in Malacca, Malaysia Listed for Sale - Image Credit JLL Interested purchasers should seize the opportunity to invest in the purchase of the 255-room hotel in Malacca…