Share |


STR: Houston hotel performance exceeds Super Bowl expectations

Hospitality Net - February 20, 2017 - 8:48am
Houston hotel performance exceeded expectations during Super Bowl 51 weekend, and performance was strongest in the central business district, as reported in an analysis by STR's Consulting & Analytics division.For 3-5 February 2017, the Houston metro market reported occupancy of 84.2% and average daily rate (ADR) of US$278.03. In the Houston CBD submarket, occupancy averaged 99.0% during the three-day period, and ADR hit US$546.24. As a result, revenue per available room (RevPAR) grew 356% in the Houston metro market and 851% in the Houston CBD. Super Bowlhost marketTotal hotel rooms(during Super Bowl)Weekend RevPAR growthDallas (2011)81,476+447%Indianapolis (2012)31,320+1,082%New Orleans (2013)39,731+361%New York City (2014)115,076+115%Phoenix (2015)63,544+344%San Francisco (2016)51,077+234%Houston (2017)85,124+356%"Based on the relatively depressed state of the hotel industry in Houston, it wasn't a foregone conclusion that performance would fall in line with that of previous Super Bowl host markets," said Carter Wilson, STR's VP of consulting & analytics. "But as it turns out, year- over-year RevPAR growth slightly exceeded the 150% to 350% projection we released a few weeks back. Of course, that growth is helped by Houston's lower performance comparison base, but nonetheless, it was the third-highest among the past seven Super Bowls, even with Houston having the second most rooms to fill."In addition to the Houston CBD, two additional submarkets reported occupancy in excess of 90%: Houston Galleria/Greenway Plaza (98.9%) and Houston Medical Center/Reliant Stadium (92.7%). All other submarkets in Houston, with the exception of the North/Woodlands submarket, surpassed an approximate 80% occupancy level.
Categories: News

The Tennessean Hotel to Open in Knoxville in April 2017

Hospitality Net - February 20, 2017 - 7:28am
The TENNESSEAN Hotel, a premier luxury hotel, will open in Downtown Knoxville this April as part of the Gemstone Collection brand of BENCHMARK®, a global hospitality company. Benchmark will operate the property, which boasts 82 guest rooms and 12 luxury residences in the World's Fair Park. The park sits on the perimeter of the University of Tennessee campus, a strong partner of the new hotel.
Categories: News

92nd Annual Hotel Ezra Cornell to feature deans' updates on Cornell SC Johnson College of Business

Hospitality Net - February 20, 2017 - 2:12am
Dean Kate Walsh of the Cornell School of Hotel Administration (SHA) and Dean Soumitra Dutta of the Cornell SC Johnson College of Business will address the Cornell community on Friday, March 17, to provide updates on the state of the school and college and plans for their future. Dean Walsh and Dean Dutta will deliver their addresses as part of the 92nd Annual Hotel Ezra Cornell, a hospitality industry conference held on the Cornell campus.The recent $150 million gift from H. Fisk Johnson '79, MEng '80, MS '82, MBA '84, PhD '86, chairman and CEO of S. C. Johnson, has raised additional questions about how SHA will benefit under the new college and how administrative changes will affect the school's curriculum. The deans hope that their speeches will provide the traditional yearly update on the state of SHA as well as clarifying how the school fits into the larger Cornell SC Johnson College of Business structure.The speeches mark the beginning of a weekend-long business conference, running from March 16-19, discussing how hospitality companies can "Face the Future, Preserve the Past" in a constantly evolving industry. Immediately following Dean Dutta's speech, keynote speaker Sabato Sagaria '97, chief restaurant officer of Union Square Hospitality Group, will deliver an address on no-tipping policies and their potential to revolutionize the restaurant industry.
Categories: News

Evolution Hospitality Awarded Management Contract for Los Angeles’ Hotel Angeleno

Hospitality Net - February 17, 2017 - 7:42am
Evolution Hospitality, a California-based hospitality management company, announces it has been chosen to manage Hotel Angeleno in Los Angeles.
Categories: News

Two DoubleTree by Hilton Annapolis Employees Recognized as Maryland Hotel & Lodging Association Stars of the Industry

Hospitality Net - February 17, 2017 - 7:27am
Spire Hospitality, one of the nation's leading and most respected hotel management companies, proudly announces two DoubleTree by Hilton Annapolis leadership employees as award recipients in the Maryland Hotel & Lodging Association (MHLA) annual 'Stars of the Industry' program. Area General Manager Dhaval Brahmbhatt and Banquet Houseman Francisco "Chico" Ramirez were recognized with top honors in the local industry awards program, as the General Manager of the Year and Outstanding Food & Beverage Employee of the Year, respectively.
Categories: News

Cambridge’s Newest Independent Hotel: Freepoint

Hospitality Net - February 17, 2017 - 5:50am
Boston, MA -- This April, Freepoint Hotel will open as the newest independent, lifestyle hotel in Cambridge, Massachusetts. As the only independent hotel in West Cambridge, Freepoint celebrates the vibrant intellectual and innovative spirit that defines both the past and present day Cambridge community.
Categories: News

Crescent Hotels & Resorts Announces The Duke Hotel Newport Beach

Hospitality Net - February 17, 2017 - 4:05am
The Duke Hotel Newport Beach joins the Newport Beach market as an upscale, lifestyle hotel. Formerly the Fairmont Newport Beach, the property will undergo a multi-million-dollar renovation and convert to the Renaissance Newport Beach in early 2018. The Duke Hotel Newport Beach will begin accepting reservations as a Marriott affiliated "White Label" hotel effective March 2017. Prior to March 2017 guests can enjoy all the benefits and royal amenities of The Duke Hotel Newport Beach by calling (949) 955-5632 for reservations.
Categories: News

STR: US hotel results for week ending 11 February

Hospitality Net - February 17, 2017 - 3:36am
The U.S. hotel industry reported negative results in the three key performance metrics during the week of 5-11 February 2017, according to data from STR. In a year-over-year comparison with the week of 7-13 February 2016.
Categories: News

New DoubleTree by Hilton Pleasant Prairie Kenosha

Hospitality Net - February 17, 2017 - 3:06am
Today DoubleTree by Hilton, one of Hilton's (NYSE: HLT) 14 distinct brands, welcomes DoubleTree by Hilton Pleasant Prairie Kenosha into its global portfolio after the completion of its $3.5 million renovation.
Categories: News

Atlantic Hotels Group, Civitas Capital Group and Starwood Hotels Celebrate Soft Opening of Dual-Branded Aloft and Element Dallas Love Field

Hospitality Net - February 16, 2017 - 11:09am
Marriott International, Inc.® (NASDAQ: MAR) together with Atlantic Hotels Group and Civitas Capital Group today announced the opening of a 224-room dual-branded Aloft and Element hotel development in the fast- growing Love Field district in Dallas, Texas. Owned and managed by Civitas Capital Group and Atlantic Hotels Group, Aloft and Element Dallas Love Field anchor a new upscale mixed-use development just one mile from Dallas Love Field Airport (DAL) and the Dallas Medical District.
Categories: News

America’s 30th My Place Hotel Is Now Open In West Jordan, UT

Hospitality Net - February 16, 2017 - 10:35am
Only 10 months after My Place made its debut in Utah with the opening of My Place Hotel-West Valley City, the brand is extremely pleased to announce Utah's second My Place location is now open in West Jordan! The opening of Salt Lake Valley's second location marks a major milestone for the brand, which now has 30 open locations nationwide! The brand new 4-story, 63-room extended stay hotel opened on February 13, 2017.
Categories: News

Hotel Equities Opens 105-Room Fairfield Inn & Suites in Uncasville, CT

Hospitality Net - February 16, 2017 - 7:37am
Atlanta-based Hotel Equities (HE) announced the opening of the 105-room Fairfield Inn & Suites by Marriott Uncasville, Connecticut.
Categories: News

Pendry Hotels Announces The Grand Debut Of The Pendry San Diego

Hospitality Net - February 16, 2017 - 6:21am
Pendry Hotels has announced the grand opening ofits first hotel in San Diego's renowned downtown Gaslamp Quarter. A new luxury brand fromMontage International, in partnership with The Robert Green Development Company, The Pendryis a refreshing take on the hospitality establishment that blends thoughtful and gracious service witha new approach to inspired design and authentic programming that appeals to today's luxury guest.Pendry San Diego features 317 guest rooms, three dining concepts, three bars, Spa Pendry, privatemeeting and event spaces and a vibrant lobby experience.
Categories: News

1 Hotel Brooklyn Bridge Opens, Sprouting A New Generation Of Nature-led Luxury Hotels

Hospitality Net - February 16, 2017 - 3:39am
1 Hotels, the mission-driven luxury lifestyle hotel brand, today opens the doors of its third property and first ground-up development, 1 Hotel Brooklyn Bridge. Remaining true to 1 Hotels founder, Barry Sternlicht, core philosophy, "The world around us is beautiful, and we want to keep it that way." The property cultivates the best of eco-conscious design, sustainable architecture, cause-oriented partnerships, and unrivaled service.
Categories: News

HSMAI Announces Americas Board of Directors and Executive Committee for 2017

Hospitality Net - February 15, 2017 - 10:30am
The Hospitality Sales and Marketing Association International (HSMAI) is pleased to announce its 2017 Americas Board of Directors, Executive Committee, and Expert Communities Chairs. The HSMAI board consists of a wide range of hospitality professionals from all areas of the industry, representing more than 25 hotels and hotel companies.
Categories: News

Turnberry Associates Redefines Nashville Skyline With New JW Marriott Hotel

Hospitality Net - February 15, 2017 - 10:14am
Turnberry Associates, a leading real estate developer based in Miami, Florida today unveiled further plans for the new JW Marriott opening in downtown Nashville next year. Featuring a distinctive elliptical shape conceptualized by award- winning architecture firm, Arquitectonica, the impressive, 33-story property is poised to become one of the city's most iconic buildings. Nashville's newest luxury hotel is located in the heart of downtown and will rise to a staggering 386 feet once completed, offering sweeping views from one of the highest elevations in the city. The hotel is also conveniently located within a two-mile radius of Nashville's most treasured landmarks, including the Music City Center, The Country Music Hall of Fame and Museum, Schermerhorn Symphony Center and The Ryman Auditorium.
Categories: News

Made in Manhattan: DoubleTree by Hilton Opens in Times Square West

Hospitality Net - February 15, 2017 - 5:05am
Start spreading the news: DoubleTree by Hilton, one of Hilton's (NYSE: HLT) 14 market-leading brands, today announced the opening of DoubleTree by Hilton Hotel New York Times Square West, located in the heart of bustling Manhattan.
Categories: News

Home2 Suites by Hilton Opens Newest Property in Portland

Hospitality Net - February 15, 2017 - 5:01am
Home2 Suites by Hilton, part of Hilton's (NYSE: HLT) industry-first All Suites portfolio, announced today its newest property, Home2 Suites by Hilton Portland. Offering 88 suites, the hotel is designed for travelers looking for a fresh, new stay experience. Home2 Suites by Hilton Portland enters the region at an opportunistic time, with tourism currently generating an annual economic impact of $1 billion in Corpus Christi*.
Categories: News

New York’s Nolitan Hotel Improves Their Engineering Operations with ALICE

Hospitality Net - February 15, 2017 - 3:59am
New York's trendy Nolitan Hotel is using ALICE's dedicated hotel staff product, ALICE Staff, to manage their engineering operations. The Nolitan's GM appreciates how ALICE asks the right questions, listens, and works to tailor the product to the hotel's needs.
Categories: News

HVS Market Pulse: Baytown, TX | By Austin LaPoten

Hospitality Net - February 15, 2017 - 3:46am
More than 500 years ago, Álvar Núñez Cabeza de Vaca, the famous Spanish explorer, shipwrecked on Texas's Galveston Island. De Vaca's subsequent trek across the area's marshes most likely took him through what is now Baytown, which was founded through the forging of three separate cities in 1948. Today, Baytown is one of the most important oil and gas centers in the U.S., as reflected in its motto: Where water and oil really do mix.
Categories: News