Hotel financial

Sushi and Japanese restaurant Nobu opens at Nobu Hotel Buckhead at Phipps Plaza in Atlanta

The Nobu celebrity hotspot is officially open at the new Nobu Hotel at Phipps Plaza in Buckhead, joining an exclusive club of restaurants spanning five continents in cities including New York, Mexico City, London, Cape Town, Dubai and Singapore. Chef Nobu Matsuhisa, movie star Robert De Niro and film producer …

Read More »

Live Updates: Zelenskyy visits Kherson to celebrate his takeover from Russia

It’s not often that two leaders of Western powers celebrate an anniversary in the same week. Even rarer that both are in their eighth decade. Should we celebrate that age is clearly no longer a barrier to such leadership positions? King Charles III turns 74 on Monday and will be …

Read More »

Plan, execute and finance hotel renovations

“Refresh, Remodel & Rebrand: Plan, Execute & Finance Hotel Renovations” was moderated by Head of Hotel Data Analytics and Research, Rachel Rothman, and moderated by prominent industry leaders, Steve Schrope , Ethan Gabany and Olga Lepow. Opening with a detailed account of the current hospitality landscape, the presentation dives deep …

Read More »

The UK’s worst hotels revealed

The Grand Hotel de Britannia in Llandudno, Wales. Britannia has been named the UK’s worst large hotel chain by consumer group Which? for the tenth consecutive year. Photo: Getty Being named the worst hotel in the UK is not a title that any establishment aims for, but this year’s winner …

Read More »

Morgan Housel turned the lessons he learned as a hotel valet into a groundbreaking personal finance book that sold 2.2 million copies in 2 years

By Leslie Albrecht ‘No one is going to read this book’: The publishers said ‘The Psychology of Money’ would never work. Now, Morgan Housel is on MarketWatch’s 50 list of the most influential people in the markets. There are some interesting quirks about one of the best-selling personal finance books …

Read More »

Rihanna’s Savage X Leases at Falcone

Rihanna and renderings of Miami Worldcenter and rented Savage X Fenty Storefront (Getty, Miami Worldcenter) The retail and financial sector has been at the center of Miami’s leasing action lately. Here’s a look at some of the most notable newly signed contracts: Savage X Fenty, Lululemon, Ray-Ban, Posman Books I …

Read More »

Foreign Minister calls on global community to fight terrorism

Foreign Secretary James Cleverly will address the United Nations Security Council Counter-Terrorism Committee during a visit to India this week He will use his speech in New Delhi today (Saturday) to call on like-minded partners to rally behind a mission to reduce terrorist resources and prevent future attacks like the …

Read More »

The Bahamas Ministry of Tourism, Investments and Aviation will attend the Fort Lauderdale International Boat Show on October 26

Nassau, Bahamas, October 25, 2022 /PRNewswire/ — The Islands of Bahamian will again be in full view at the 63rd Fort Lauderdale International Boat Show (FLIBS), October 26-30to promote the nautical sector in the country. Property of the Maritime Industries Association of South Florida (MIASF), and produced by Informa Markets, …

Read More »

Oyo launches internal investigation after shooting couple at Noida hotel

Oyo has launched an internal investigation after Noida police arrested two people who allegedly placed a hidden camera in a hotel room and filmed a couple, officials said. The two defendants had booked the same room in the Phase 3 police station area last month where they placed a hidden …

Read More »

Orchard Hotel in Sydney offers $5,000 to find a chef

An Australian pub has offered a $5,000 search fee to anyone who can find their next chef. Orchard Hotel in Sydney made the bold move in August – offering $2,500 if the referred chef was the successful candidate and an additional $2,500 when the chef completes their probationary period. Publican …

Read More »

Strip safety and financial health addressed by G2E CEOs – The Nevada Independent

At the same time and separated by only a mile and a half, similar messages were delivered to different audiences – the Las Vegas tourism market remains stable during a period of economic fluctuations. At The Venetian Expo, Wynn Resorts CEO Craig Billings told Global Gaming Expo attendees that customer …

Read More »

Can Lemon Tree Hotels reach new heights?

I have shares of Lemon Tree Hotels in my portfolio at an average price of ₹67. Can you please advise me at what price should I book profit in the stock? Mohammad Ramzan Lemon Tree Hotels (₹83.25): The trend is still up for Lemon Tree Hotels stock. Although the resistance …

Read More »

Indianapolis wealth management guru shares his rags-to-riches story

Willie Viverette is usually the best-dressed man in the room, whether on the streets of Indianapolis or Paris. It’s a far cry from the often-bullied, tattered-clothes kid at the bus stop that he used to be. Her now dazzling wardrobe somewhat mimics her childhood; Hard lessons learned patterns with splashes …

Read More »

Qatar World Cup hires third cruise ship as floating hotel

Published: October 10, 2022 8:27:23 PM A third cruise ship was leased by World Cup organizers in Qatar on Monday to operate as a football fan hotel moored at Doha Port to add much-needed rooms for the tournament. Geneva-based MSC Cruises announced the deal just six weeks before the start …

Read More »

Twin Parks Fire Survivor says city told him to leave hotel

About nine months after one of the deadliest fires in Bronx history, Vernessa Cunningham says she is still fighting to get back what she lost. Cunningham, a 61-year-old survivor of the Twin Parks apartment complex fire that killed 17 people and displaced dozens on January 9, lived first at a …

Read More »

Elon University President Connie Book speaks to the Elon community during Family Weekend

Elon President Connie Book welcomed families and shared the progress of the Boldly Elon strategic plan during the Oct. 1 college update on Family Weekend. The book began by thanking families for coming to campus and said that student morale usually starts to pick up after the family weekend. “It’s …

Read More »

Five Brazilian beach and nature hotels

A Paraty pousada for scholars The swimming pool of the Pousada Literaria In my experience, most countries have a place of payment; one that, for you the traveler, encapsulates everything about its appeal – landscape, built environment, cuisine, people, culture – and that you know you can come back to …

Read More »

SoftBank slashes OYO’s valuation by 20% to $2.7 billion

Japan’s SoftBank cut the valuation of OYO hotels on its books by more than 20%, Bloomberg reported Thursday, citing sources. The downgrade comes at a time when the hotel aggregator is once again gearing up for an initial public offering (IPO) early next year. The Japanese investor, OYO’s largest shareholder, …

Read More »

Hong Kong has lost aviation hub status, says airline chief | coronavirus pandemic

The head of the International Air Transport Association said China’s pandemic policies had “devastated” the former British colony. Hong Kong has lost its position as a global aviation hub due to China’s ultra-strict “dynamic zero COVID” policy, the head of the global airline industry trade association has said. Speaking at …

Read More »

INTERVAL INTERNATIONAL WELCOMES CLUB MUNDO IMPERIAL AND THREE HISTORIC ACAPULCO PROPERTIES TO ITS EXCHANGE NETWORK

MIAMI, September 19, 2022 /PRNewswire/ — Interval International, a leading global provider of vacation services, and Mundo Imperial Entertainment & Hospitality, an innovator in travel, convention and entertainment destinations and a subsidiary of Grupo Autofin Mexico, announced the long-term membership of Club Imperial and three iconic properties of Acapulco to …

Read More »

Money nerd or abundance mindset? Find your own way

The extremes of the personal finance world were on display at the Marriott World Center in Orlando, Florida earlier this month as money nerds clashed with the get-rich-quick crowd. In an unlikely juxtaposition, FinCon ’22 – a conference of content creators (bloggers, podcasters, YouTubers and other types of media) – …

Read More »

Radical carpenters: “The wood just splinters”

“Open that top drawer and sniff it,” suggests designer-maker Jan Hendzel, showing off his clean, wavy-lined Bowater cabinet. “It’s cedar,” he said. “The exterior is brown oak. It’s so lush. The ripple is one of its signature details – and a cool, contemporary take on the centuries-old tradition of wood …

Read More »

If your next hotel stay is terrible, this is probably the reason

This article is reproduced with permission from NerdWallet. There’s no shortage of complaints about hotel stays these days, and one reason is pretty clear: many hotels are still severely understaffed. In 2018, American hotels directly employed more than 2.3 million people, according to an Oxford Economics study funded by the …

Read More »

House deal for Trump records lets accounting firm decide what to release

A deal announced earlier this month by House Democrats for years of Donald Trump’s financial records allows his former accounting firm to interpret how to satisfy a congressional subpoena that was narrowed by a federal appeals court in July, according to a settlement filed Friday evening. Under the proposed settlement, …

Read More »

Interior designer Joyce Wang’s Hong Kong highlights

This article is part of a guide to hong kong by FT Globetrotter Being in lockdown mode in Hong Kong has had its perks, especially for me and my family reconnecting with the great outdoors. The fresh air and vitamin D were especially valuable when we were locked up most …

Read More »

Sc grants 30 more days to the Ministry of Finance for the opening of the Gst portal

By CNBCTV18.com Sep 03, 2022, 12:25 PM IST (Released) mini The portal will now be open from October 1 to allow taxpayers to claim the pending transitional credit due to the launch of the GST in 2017. The Supreme Court granted the Department of Finance a 30-day extension to open …

Read More »

Business news, strategy, finance and business insights

The government claims to have settled ₹29,524 crore to CGST and ₹25,119 crore to SGST from IGST. The total revenue of Center and States as of August 2022 after regular settlement is ₹54,234 crore for CGST and ₹56,070 crore for SGST. During the month, income from the import of goods …

Read More »

Top 10 shares of the day

Singapore Stock Exchange Nifty futures traded 52.5 points, or 0.30%, down to 17,437.5, indicating equity markets could start in the red on Tuesday. The following 10 stocks could see their prices fluctuate today: NTPC: The 20 MW Gandhar Solar PV project in Gandhar, Gujarat has a first-party …

Read More »

Six reed diffusers that will bring the summer indoors

Bella Freud’s Ciao (£155 CAD for 300ml) has a bright, fresh citrus top note, but it follows a wetter sex and sunscreen vibe, evoked with the help of fig leaf and orange blossom, with the clever addition of vetiver. The flashy-meets-cool bottle design has all of Freud’s usual carelessness. For …

Read More »

American Hotel Income Properties REIT (OTCMKTS:AHOTF) vs. Whitestone REIT (NYSE:WSR) Financial Analysis

American Hotel Income Properties REIT (OTCMKTS: AHOTF – Get Rating) and Whitestone REIT (NYSE: WSR – Get Rating) are both finance companies, but which company is better? We’ll compare the two companies based on their dividend strength, earnings, risk, profitability, analyst recommendations, institutional ownership and valuation. Analyst Recommendations This is …

Read More »

Bourne Leisure founders make £300m bid to buy Butlin’s

The family who previously owned Butlin’s, one of the UK’s best-known leisure retreats, have offered to buy the brand from its private equity owners for more than £300million, as the holiday business domestic is benefiting from a boom in stays. The Harris family, who co-founded Bourne Leisure in the 1960s, …

Read More »

Sunshine Coast breaks records with average management fee settlement every 14 days in past financial year

The ResortBrokers Sunshine Coast team racked up $44 million in management rights sales in the region in the last fiscal year alone, including a number of high-profile record deals. Brokers Glenn Millar and Chenoa Daniel sold 26 management rights – an average of one every two weeks – and Sunshine …

Read More »

Sanya lockdown traps tens of thousands of tourists in ‘Hawaii in China’

Chinese authorities hastily locked down the southern coastal city of Sanya over the weekend, trapping tens of thousands of holidaymakers after a highly infectious strain of Omicron coronavirus was detected in the province known as ” Chinese Hawaii”. Covid-19 cases in China’s Hainan province rose rapidly over the week to …

Read More »

Playa Hotels & Resorts Announces Management of Seadust Cancun Family Resort

Seadust Cancun Family Resort will be Playa’s 6e property managed in Mexicoand the 23rd overall for operator, owner and specialist developer all inclusive FAIRFAX, Va., August 2, 2022 /PRNewswire/ — Playa Hotels & Resorts NV (NASDAQ: PLYA) (“Playa”) announced today that it has reached an agreement to assume management of …

Read More »

From Mendes to Bieber to The Weeknd: concert cancellations prove a costly gamble for fans

Shawn Mendes performs at the MTV Video Music Awards at Barclays Center in New York City on September 12.Charles Sykes/Associated Press First, Justin Bieber postponed his June concert in Toronto, then the Weeknd was sidelined by the Rogers network outage a few weeks later. Shawn Mendes pulled out of dates …

Read More »

Baltimore sex trafficker sentenced to more than 10 years in federal prison for recruiting 14-year-old into the sex trade | USAO-MD

Baltimore, Maryland – U.S. District Judge Deborah K. Chasanow sentenced Kyle David Robinson, 29, of Baltimore, Maryland, to 126 months in federal prison, followed by 8 years of probation, for sex trafficking a minor. The sentence was announced by United States Attorney for the District of Maryland Erek L. Barron; …

Read More »

When to buy euros, another currency for a trip abroad

Glowimages | Glowimages | Getty Images It’s a good time to be an American traveling abroad. The value of the US dollar has been at its strongest in years against many major global currencies lately, meaning travelers can shop more abroad than in the recent past. In other words, Americans …

Read More »

The curtain is up on a Broadway hotel where the decorator is the star

Comment this story Comment NEW YORK — In the elegant Blue Room, you can sip cosmos surrounded by display cases containing Evan Hansen’s shirt, King George III’s crown, “Kinky Boots” knee-high red boots. In the spacious restaurant, you will dine under sconces illuminated with engraved designs of the 41 theaters …

Read More »

Hotel Staff Task Management Software Market Size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2029 – This Is Ardee

New Jersey, United States – The Hotel Staff Task Management Software Market research guides new entrants to obtain accurate market data and communicates with customers to learn about their needs and preferences. He identifies direct business opportunities and helps bring new products to market. It identifies opportunities in the market. …

Read More »

NiteThrive publishes insider tips on the best hotels, restaurants and things to do in Las Vegas so you know exactly where to visit

NiteThrive Las Vegas, July 18 Feb. 2022 (GLOBE NEWSWIRE) — Nevada, United States — NiteThrive is your travel website for finding the best up-to-date information on everything in Las Vegas, from hotels, things to do, restaurants and travel guides, so you can see the city through the eyes of a …

Read More »

Do you have $1,000? Here’s how to turn it into a growing passive income stream

You work hard for your money. For this reason, it should work hard on your behalf when you invest it, especially if you are looking for passive income. Ideally, you would want income streams that increase steadily, as this can help you reach your financial goals faster. A great option …

Read More »

Brexit, working conditions and low wages: a look at the hotel staff crisis in Europe

“It’s been two traumatic years.” This is how the CEO of a hotel loyalty program sums up the COVID era. “But things are going well now,” adds another CEO. Where are they? Just as hotel occupancy began to pick up earlier this year, another crisis hit: Russia’s invasion of Ukraine. …

Read More »

1 Hotel Nashville is now open

The property is the brand’s eighth location worldwide NASHVILLE, Tenn., July 12, 2022 /PRNewswire/ — 1 Hotels, the sustainable luxury hotel brand founded by a hospitality visionary Barry Sternlichttoday announced the opening of 1 Hotel Nashville, the most consciously cultivated urban oasis of the famous musical and cultural center and …

Read More »

Chinese bank depositors clash with police in angry protest

BEIJING — A large crowd of angry Chinese bank depositors clashed with police on Sunday, some roughed up as they were taken away, in a case that drew attention due to earlier attempts to use a COVID-19 tracking app to prevent them from mobilizing. Hundreds of people held banners and …

Read More »

Analysis: Twitter has a legal advantage in the dispute with Musk

WILMINGTON, Delaware, July 8 (Reuters) – Twitter Inc (TWTR.N) has a strong legal case against Elon Musk pulling out of its $44 billion deal to acquire the American social media company, but could opt for a renegotiation or settlement instead of a lengthy court battle, legal experts say. Courts in …

Read More »

Sales in London show signs of buyer fatigue

European modern and contemporary art night auctions fetched £311m (£370m including fees) at Christie’s, Sotheby’s and Phillips between June 28-30, but showed signs of market fatigue. market. Speculation about young artists continued but was cooler than in New York in May, while sellers who had arranged guarantees for top-notch works …

Read More »

Dior’s 30 Montaigne in Paris has been transformed with a museum, gardens and a hotel suite

Lined with majestic chestnut trees, imposing mansions and generous sidewalks, Avenue Montaigne in the heart of Paris’ 8th arrondissement bears an air of quiet, elegantly carried grandeur. The casual stroller will notice the iconic red awnings of the Hôtel Plaza Athénée, the hip scene outside L’Avenue restaurant, and affluent shoppers …

Read More »

Amazon Family Fun Zone returns to Let Freedom Sing! 4th of July music city

NASHVILLE, Tenn. (WTVF) — Although the fireworks display didn’t officially begin until Monday, the excitement kicked off at Walk of Fame Park. Families can enjoy bouncy houses, live shows, and arts and crafts, and best of all: it’s all free. “I mean, we’ve been planning everything for six months, but …

Read More »

Hotel Lasalle announces its grand opening

Located in an iconic historic building, this upscale hotel offers unparalleled luxury in the city’s financial district. Just in time for summer travel, Hotel LaSalle has opened its doors in the heart of Chicago’s financial district. Developed by a subsidiary of The Prime Group, Inc, this lavish hotel offers business …

Read More »

A leading corporate/financial services lawyer and experienced litigator

A lawyer and three partners also join the team. MIAMI, June 29, 2022 /PRNewswire/ — Winston & Strawn LLP has announced the addition of two partners to the firm’s rapid growth Miami Desk: Carl A. Fornariswho joins the Transactions Department, and Jared R. Kesslerwho joins the litigation department of the …

Read More »

SUNSTONE HOTEL INVESTOR PROGRAM – GuruFocus.com

IRVINE, Calif., June 27, 2022 /PRNewswire/ — Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality industry, announced that it will report the financial results for the second quarter of 2022 on Wednesday, August 3, 2022, before the opening …

Read More »

A hotel chain sells its business in Peshawar

CARACHI: The management of a five-star hotel chain in Pakistan has announced the sale of one of its well-run establishments in Peshawar to a local buyer apparently to reduce its liabilities, which have grown more than assets, and at a time when another similar project is nearing completion in the …

Read More »

Live updates: Tories lose two seats in first election test since ‘partygate’ scandal

The U.S. Federal Reserve on Thursday assigned passing grades to the nation’s 33 largest banks in annual stress tests, which assess each lender’s ability to weather a severe economic downturn. In a series of doomsday hypothetical scenarios drawn up by the Fed, banks would collectively lose $612 billion and group …

Read More »

Maharashtra Political Crisis Live: Shiv Sena Leader Eknath Shinde Live News, Shiv Sena Split Latest Update, Maharashtra CM Uddhav Thackeray Live News, Political Crisis in Maharashtra Live Updates

Maharashtra MVA Crisis Live Updates: Amid worsening political crisis in Maharashtra, Chief Minister Uddhav Thackeray is due to address the public at 5pm amid speculation he may step down as CM. It comes after rebel party leader Eknath Shinde claimed the support of 46 MPs, including six ministers. The 34 …

Read More »

UAE to build Red Sea port in Sudan under $6 billion investment program

Breadcrumb Links PMN Company Author of the article: Content of the article CAIRO – The United Arab Emirates will build a new Red Sea port in Sudan, as part of a $6 billion investment package, said DAL Group Chairman Oussama Daoud Abdellatif, a partner in the agreement which marks the …

Read More »

See Inside Orlando’s New Hotel with Smart Toilets and Windows

With a focus on art, technology and wellness, the Lake Nona Wave Hotel opened in December 2021 – its 17 floors towering over a growing planned community in Orlando, just a 10-minute drive away from Orlando International Airport. A welcome alternative to the area’s theme park hotels, this high-rise hotel …

Read More »

Event anniversaries that remain unresolved dominate the week

This article is an on-site version of our The Week Ahead newsletter. Sign up here to receive the newsletter straight to your inbox every Sunday Hello and welcome to the working week, Prepare to remember past scandals and war, which still resonate today. Tuesday is the fifth anniversary of the …

Read More »

AC Milan’s new owners bet they can beat the miracle season

Hours after landing in Milan on the last day of May, Gerry Cardinale avoided the press kit camped outside his hotel and headed for the home of an Italian soccer legend. Cardinale, the founder of US investment group RedBird, had just struck a €1.2 billion deal to buy AC Milan …

Read More »

IRRR grants OK’d for communities in the region

Marshal Helmberger REGIONAL—The Iron Range Resources and Rehabilitation Board (IRRR) on Tuesday awarded just over $7.1 million in grants and other funding affecting communities in the Taconite Tax Relief Area. Funded projects included $461,900 for outdoor recreation at Tower, which was the largest line item in the trails portion of …

Read More »

Taiwan stocks end lower as turnover slumps

Taipei, June 7 (CNA) Stocks in Taiwan fell on Tuesday amid lingering fears that cash outflows could be triggered by expectations of sustained interest rate hikes by the U.S. Federal Reserve, dealers said. Turnover remained at the relatively low level seen in recent sessions, which kept large-cap tech stocks in …

Read More »

The Fast and the Furious in a Week of Contrasting Events

This article is an on-site version of our The Week Ahead newsletter. Sign up here to receive the newsletter straight to your inbox every Sunday Hello and welcome to the working week. It could be considered seven days of contrasts. As the war in Ukraine continues and NATO conducts military …

Read More »

Ryman Hospitality: putting big changes into perspective (NYSE: RHP)

Marina113/iStock via Getty Images Whether it’s a traditional investment or a REIT, sometimes the most interesting time to consider buying the asset in question is when a significant change occurs. And there are rarely so many changes when a company acquires assets, disposal of assets or receipt of a strategic …

Read More »

County faces $10m stadium renovations for World Cup bid

CINCINNATI (WXIX) — The Queen City will learn in less than a month whether we will be a host site for the 2026 World Cup, but hosting one of the biggest sporting events in the world will come at a cost. FIFA intends to announce the host venues at a …

Read More »

U.S. hotel occupancy keeps pace with peak summer 2021 levels as urban markets rebound

Signs of summer are here for the U.S. hospitality industry, and some of the nation’s major urban markets are showing steady signs of recovery. Increased group and business travel, graduations and high leisure travel led to strong hotel performance during the week of May 15-21, and the industry is gaining …

Read More »

Sri Lanka to implement renewable energy generation plan from June 1

Faced with an electricity crisis, Sri Lankan Power and Energy Minister Kanchana Wijesekera said on Sunday that an accelerated renewable energy generation plan should be implemented from the 1st June. The decision to implement the plan by taking immediate action was taken during a discussion held at …

Read More »

Wyndham CFO explains pressures to increase hotel ownership among women

Michele Allen, CFO of Wyndham Hotels & Resorts, discusses her company’s latest financial results, the travel rebound and how she’s trying to get more women involved in hotel ownership. Video transcript RACHELLE AKUFFO: Also in corporate news, earnings for women running S&P 500 companies soared in 2021 as companies saw …

Read More »

Infor at HITEC 2022 – hospitality technology trends and topics at this year’s show

HITEC 2022 in Orlando (June 27-30) is one of the most important hospitality industry events on the calendar. Infor is excited to see familiar faces at this year’s show and to meet new ones. The event gives us all the opportunity to discuss challenges, understand trends related to business goals, …

Read More »

Brokerages expect Summit Hotel Properties, Inc. (NYSE:INN) to report EPS of $0.28

Wall Street analysts expect Summit Hotel Properties, Inc. (NYSE:INN – Get Rating) to post earnings per share of $0.28 for the current fiscal quarter, according to Zacks Investment Research. Four analysts provided earnings estimates for Summit Hotel Properties. The highest EPS estimate is $0.29 and the lowest is $0.25. Summit …

Read More »

The Board of Pro Capital approved the consolidated interim report

MANAGEMENT REPORT CEO Summary The first quarter of 2022 was atypical. The war in Ukraine, which began in February, has raised some concerns due to perceived geopolitical risks in the region. However, after the initial (and understandable) concerns, the markets showed good resilience on the demand side, and we saw …

Read More »

Johnny Depp was jealous, often drunk, says his former girlfriend

Johnny Depp was a “red wine drinker”, said his ex-girlfriend and actress Ellen Barkin. Washington: Johnny Depp was jealous, bossy and often drunk, and once threw a bottle of wine into his Las Vegas hotel room, his former girlfriend, actress Ellen Barkin, said in pre-recorded testimony Thursday. Barkin, 68, testifying …

Read More »

Walmart sees shift to private label groceries

For several consecutive quarters, Walmart has been able to leverage inflation to its advantage in groceries, undercutting competitors’ prices. Today, even the world’s largest grocer is feeling the pressure of soaring prices. Read more: Walmart turns consumer price concerns into grocery share gains During a call with analysts on Tuesday …

Read More »

The Day – Hotels in the middle of the neighborhood

Short-term rentals (STR) refer to rentals of private homes for less than 30 days. I am concerned about the impact of STRs on our neighborhoods and communities. STRs are hotels located in the middle of residential areas. The residential areas were not designed to handle the activities of hotel guests …

Read More »

Henry Scott Stokes dies at 83; Opening of Japan to English speakers

Henry Scott Stokes, a British-born journalist who demystified Japan for English-speaking readers as Tokyo bureau chief for three major newspapers and as the author of a comprehensive book that evoked his venerable samurai values ​​and its right-wing nationalist elements, died in April. 17 in a Tokyo hospital. He was 83 …

Read More »

Hotel operator Serena TPS cuts loss to 633 million shillings

Companies Hotel operator Serena TPS cuts loss to 633 million shillings Thursday, May 12, 2022 Guests enjoy a serene environment at the Serena Beach Hotel in Mombasa. FILE PHOTO | NMG By VICTOR JUMAMore from this author Summary The company received waivers from its lenders, a move that helped ease …

Read More »

Hotel room prices are skyrocketing due to labor shortages and declining service

Global hotel prices are up 184% from a year ago, according to Travel Daily Media. This is due to a sudden increase in travel demand, a shortage of manpower and a shortage of rooms. Hotels have introduced sign-up bonuses of up to $2,000 to overcome labor shortages. Loading Something is …

Read More »

A Chinese Affair: Eclectic cuisine, an enchanting ambience and the story of an unrequited love come together at the newly reopened House of Ming

A dining experience at the House of Ming at the Taj Mahal hotel in the nation’s capital, which reopened on May 2, is about more than just food. The sheer beauty of the space sets the tone for the experience with delicate hanging chandeliers, beaded artwork, tangerine, teal and white …

Read More »

The Future Reservations Landscape: What Hoteliers Need to Know

How do you put your hotel on track for success and capitalize on the new opportunities opened up by the travel rebound? As the person responsible for managing the day-to-day operations and financial performance of your hotel, you are likely facing a number of challenges right now. Ongoing staff shortages …

Read More »

Emotion alone is not enough to welcome refugees

The author is a contributing columnist, based in Chicago It’s a cliché that the United States is a nation of immigrants — and a cliché that, in recent years, has been simply wrong. The nation of 330 million managed to resettle a meager 11,000 refugees in the financial year that …

Read More »

Tourist-favorite Thailand recovery lags behind COVID rule changes

Breadcrumb Links PMN Company Author of the article: Reuters Chayut Setboonsarng Content of the article BANGKOK — When Norwegian Anastasia Johansen, 23, and her boyfriend were planning their first vacation in two years, they considered going to Thailand but chose neighboring Vietnam instead, for its easier coronavirus entry rules . …

Read More »

The ‘Nine Orchard’ hotel prepares to open in the spring after 10 years of construction

Almost a decade later, the Jarmulowsky bank building is finally transformed. The historic fourteen-story structure will soon welcome guests, not as a financial institution, but as a boutique hotel called Nine Orchard. Described as a hotel “Blending historic architecture, refined design and contemporary art”, Nine Orchard will begin bookings for …

Read More »

TRYVIUM TRAVELS ANNOUNCES THE STATE OF TRYVIUM

London, UK, April 23, 2022 (GLOBE NEWSWIRE) — Tryvium Travels announces ‘The State of Tryvium: A Glimpse into the Universe of Tryvium’After the television broadcast of Universal token exchangerthe Coin Market Cap Diamond campaign and the successful NFT Airdrop campaign, blockchain-based online travel agency Tryvium Travels is set to release …

Read More »

Non-profit organization calls on Canada to honor pledges of financial support for Ukrainian refugees

A local Ukrainian support group wonders where and when federal funding is coming for Ukrainian refugees. On April 9, Canada announced that Ukrainian refugees are eligible for two weeks of hotel accommodation and six weeks of income support of $500 per week. None of these commitments have yet been fulfilled. …

Read More »

Waldorf Astoria DIFC: my new favorite hotel in Dubai

I have been to Dubai more times than I can count and have stayed in countless hotels in the city. However, so far there hasn’t been a single hotel that I’ve found absolutely amazing and felt the need to return to (I have a thing for the Park Hyatt, but …

Read More »

Where have all the older workers gone and will they ever return?

Not so long ago I found myself at lunch in the middle of London where a well-known British businessman said something unexpected about the threat of rising inflation. Any company that has a board member who has been a senior executive for 30 years is doing pretty well right now, …

Read More »

Choice Hotels International to Report First Quarter 2022 Results May 10, 2022 | News

Rockville, Md., April 14, 2022 /PRNewswire/ — Choice Hotels International, Inc.. (NYSE: CHH), one of the world’s largest lodging franchisors, will report its first quarter 2022 results before market open on Tuesday, May 10, 2022. The company will also hold a conference call at 10:30 a.m. Eastern Timeduring which Patrick …

Read More »

PARKROYAL COLLECTION MARINA BAY, THE FIRST GARDEN IN A HOTEL IN SINGAPORE, SINGAPORE EMBRACES LONG-TERM SUSTAINABILITY WITH GREEN INNOVATIONS

SINGAPORE, April 12, 2022 /PRNewswire/ — PARKROYAL COLLECTION Marina Bay, Singaporeowned by Pan Pacific Hotels Group, established its position as that of Singapore first “garden in a hotel” with more than 2,400 plants and trees spread over 15,000 square feet of space in the hotel. 210 solar panels were recently …

Read More »

Hotel brands see growth in banquet bookings for weddings

With the easing of Covid-related restrictions and the bulk of auspicious dates concentrated in the April-June quarter of FY23, hotel brands are seeing substantial growth in wedding banquet bookings. As the second wave of the pandemic led nearly every state to impose restrictions in the first quarter of FY22, many …

Read More »

Hospitality Financial Leadership – The Key Attributes of a Hotel’s Financial Health

The key attributes of a good hotel financial condition Having a monthly financial statement for your hotel is key to creating an effective management process within your business. But, like many things in life, not all hotel financials are created equal. To be effective, …

Read More »

New York hotels still subject to severance pay law

Related practices and jurisdictions As previously reported here, the New York City Council passed a law late last year requiring certain city hotels to pay eligible employees weekly severance pay for up to 30 weeks. There were swift legal challenges to the law, saying it was preempted by the NLRA …

Read More »

Edinburgh’s Apex Hotels eye post-lockdown rebound after heavy Covid losses

Bosses of the group, which has properties in Bath, Dundee, Edinburgh, Glasgow and London, said they had used the lockdown to ‘improve the customer experience’ after facing nearly eight months of restrictions and closures in the last fiscal year. The hotel group posted pre-tax losses of £16.4million, compared to a …

Read More »

Newly released Park Hotel asylum seeker looks forward to ‘new life’ after nine years in immigration detention

This ends a nine-year period in detention since he fled Iran to Australia as an asylum seeker who arrived by boat in 2013. “I’m stuck between happiness and sadness, I don’t know how to describe it,” he told SBS News. READ MORE “But it’s good not to see the security …

Read More »

Airline and hotel travel subscription plans are on the rise.

These days, there are subscriptions for just about everything, including streaming services, pet toys, meal plans, even crime-solving kits, and millions more every year are willing to pay for it. According to an international survey by the Zuora Subscribed Institute, 78% of American adults paid for subscription services in 2021. …

Read More »

Luxury hotel plan for Dunboy Castle in Castletownbere

A multi-million euro development is planned for Castletownbere’s Dunboy Castle, which is finally being developed as a hotel and destination resort. The magnificent castle which was on the market for 2.5 million euros has been bought by Dublin businessman Paddy McKillen Jr. Although it is currently a shell of a …

Read More »

Two women arrested at GB hotel for narcotics and financial crimes

Great Bend police arrested two women Thursday morning after responding to a report of suspicious activity in the parking lot of a Great Bend hotel. According to a statement from GBPD, at approximately 5:30 a.m. Thursday, GBPD officers were dispatched to the parking lot of the Days Inn at 4701 …

Read More »

Roanoke welcomes a new downtown boutique hotel

ROANOKE, Va. (WFXR) – The Liberty Trust opened its doors last Friday in the historic halls of Roanoke’s premier financial institution. “It was built as the headquarters of the First National Bank in Roanoke. It was built to show that the banking world had arrived,” said Vishal Savani, Managing Director …

Read More »

Wyndham hotels see a boon in Biden’s infrastructure law and a new breed of business traveler

At the end of each day, the workers who shore up our country’s infrastructure will need a place to stay. Getty Thanks to Biden’s $1.2 trillion infrastructure bill, the typical business traveler now wears hard hats and work boots. Wyndham Hotels is rolling out a welcome mat for them. JTwo …

Read More »

Five destinations for happy glamping

Seaside bliss on Italy’s central coast Beach views from glamping at Terre di Sacra For decades, Terre di Sacra, on the Tuscan coast at Capalbio, was the summer redoubt of italy bene. A private estate owned by the Puri Negri family, its collection of boho-chic villas and cottages borders the …

Read More »

PayMaya’s Feel-Good Deals Include Huge Discounts On Groceries, Hotels

Editor’s Note: This press release is sponsored by PayMaya and was handled by BrandRap, the sales and marketing arm of Rappler. No member of the press and editorial team participated in the publication of this article. We all love the feeling of good vibes when we receive great deals from …

Read More »