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Hotel News Now

Below are the latest press releases from STR Global. Please select a headline to read the full article. To see the complete archive of press releases, please click here. For all other news on the hotel industry please go to www.HotelNewsNow.com

 

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    5 Things to Know: 20 March 2019

    • Accor merges 21c assets into MGallery
    • Geshay assumes helm at Davidson Hotels
    • How Delta is defining itself as it grows
    • Aparthotel firm StayCity to open first resort asset
    • Hotelier arrested in St Patrick’s disco tragedy

    Global hotel pulse: Americas news

    In this week’s roundup of news from the Americas region: What U.S. hoteliers should know about proposed overtime threshold; how climate change could affect the hotel industry; plans for FibraHotel; and more. 

    Ovolo looks to move outside Hong Kong, Australia

    Hong Kong-based Ovolo Hotels currently has hotels in Hong Kong and Australia, but founder and CEO Girish Jhunjhnuwala said the company is looking at opportunities in New Zealand, the U.S., the U.K. and Southeast Asia.

    A roundup of independent hotel news

    This month’s roundup of news from the independent hotel sector includes: Rockbridge’s latest indie purchase; a new brewery hotel in Indiana; and people on the move.

    5 things to know: 19 March 2019

    From the desks of the Hotel News Now editorial staff:

    • Brookfield buys 100% of India’s Leela Palaces & Resorts
    • Security and Europe top Marriott’s to-do list
    • UK sees highest employment numbers since 1971
    • House of Commons Speaker blocks May’s Brexit plans
    • Hoteliers get break on caviar prices thanks to China

    Security, innovation top of mind for Marriott execs

    The recent data breach is a big concern for Marriott International, but executives say the company is dealing with it, while continuing to prioritize innovation, loyalty advancements and growth. Europe in particular is a ripe target for future growth.

    Asset management adopts holistic, educational role

    Similar to revenue management, asset management has grown to be a pivotal part of any property’s cycle, with its practitioners expected to play the roles of teacher, holistic guide and righter of wrongs.

    5 things to know: 18 March 2019

    From the desks of the Hotel News Now editorial staff:

    • Bazin: Jin Jiang board seat at Accor ‘complicated’
    • Marriott looks to add almost 300,000 rooms in next three years
    • UK budget hotelier seeks parents to ease labor woe
    • TQP’s Prins, Hostmark’s Cataldo talk new alliance
    • Greece, Spain raise minimum wage

    Hostmark, TQP affiliation aimed at scale, synergy

    TQP Capital Partners announced an affiliation with management company Hostmark Hospitality Group. Hotel News Now spoke with TQP’s Thomas Prins and Hostmark’s Jerry Cataldo for details on the affiliation.