Hospitality management

Tag: Hospitality management

Aimbridge Hospitality Announces Departure Of Founder, Dave Johnson

In January of this year, Johnson stepped aside from day-to-day operations and his role as CEO and handed the reins of the company to Mike Deitemeyer. Since that time, Johnson has...

For July Jeddah’s Absolute Occupancy and RevPAR Were Higher Than the Average Levels Seen Throughout the Pandemic in 2020

Jeddah’s hotel industry reported slightly lower performance levels compared with the month prior, according to preliminary July 2021 data from STR. For July Jeddah's Absolute Occupancy and RevPAR Were Higher Than the...

Interstate Hotels & Resorts surpasses 60% occupancy rates in H1 | Article

Interstate Hotels and Resorts, the international arm of Aimbridge Hospitality, has revealed it surpassed 60% occupancy rates across its UK portfolio in the first half of the year, as it continues...

For the Week Ending July 31st U.S. Hotels Report Flat RevPAR from Prior Week

U.S. weekly hotel occupancy dipped from the previous week, while room rates were up slightly, according to STR‘s latest data through 31 July. For the Week Ending July 31st U.S. Hotels Report...

8 Ideas for Generating Non-room Revenue at Your Hotel

Revenue management isn't just for rooms. Each non-room segment has different profit levels. Prioritizing the most profitable revenue first gives you greater control over your performance - and ultimately positions you...

U.K. Leading Europe in Hotel Performance Recovery

In this piece, we take a quick look at the U.K.’s recent performance timeline as well as occupancy on the books for the coming months as the country further eases restrictions. Excerpt...

Boscalt Hospitality acquires The Old Bailey hotel | Article

Boscalt Hospitality, a real estate private equity firm investing in hotels across European cities, has acquired The Old Bailey hotel in London with plans to transform the property into an “upper-upscale...

Rate to Lead U.S. Hotel RevPAR Recovery As Occupancy Lags

The U.S. hotel average daily rate will exceed 2019 levels by 2024, according to the latest CBRE Hotels Research forecast, which also projects revenue per available room to reach 99 percent...
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