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Below are the latest press releases from STR. 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.

 

Latest News

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    5 things to know: 15 October 2018

    From the desks of the Hotel News Now editorial staff:

    • Insurers have the capacity to handle Michael damage
    • Wall Street hopeful on earnings-driven rebound
    • Hurdles slowing hotel construction
    • Could automation take the teeth out of Brexit?
    • Pandox, Fattal pick up Manchester property

    Labor, tariffs challenge hotel construction pace


    Speakers at the recent Lodging Conference say a labor-shortage-driven dearth of quality contractors and subcontractors and tariff-induced higher prices for key materials are slowing the rate of construction enough for it to be a concern in the U.S.

    Investors: Distribution needs complete understanding

    While location remains the most important element of a hotel, having thorough knowledge of all distribution platforms is essential for success, according to investors speaking at The Hotel Distribution Event in London.

    Cycas focuses on dual brands, extended-stay in Europe

    Amsterdam-based Cycas Hospitality has quietly grown its hotel, extended-stay and dual-branded portfolio in the United Kingdom, with a handful of mainland European assets. Now it is embarking on further expansion in the U.K., Germany and France.

    2018: The year of hotel industry bans

    Hotels rightly ban certain things, and 2018 has been a stellar year for such prohibiting activity. Maybe 2019 will see hotel chains ban resort fees?

    5 things to know: 12 October 2018

    From the desks of the Hotel News Now editorial staff:

    • Hurricane Michael leaves death, destruction in wake
    • Early data suggests September end to RevPAR streak for US
    • Nhow Marseille GM’s nontraditional path to hotel industry
    • Marriott hotel worker strike a struggle for wedding planners
    • STR data: London, Sydney, Abu Dhabi hotel performance down

    Nhow Marseille’s GM ties entertainment to hospitality

    Resort entertainer and TV producer may not be traditional jobs in the path to hotel GM, but for Moïse Aykanat, the skills learned in those two roles—plus a passion for people and lifehave equipped him well for his GM position at the new Nhow Marseille.

    STR: Preliminary September data for Sydney hotels

    Sydney hotels reported occupancy dipped 1.7% to 82.8% in September, according to preliminary monthly data from STR. ADR dropped 0.8% to 211.38 Australian dollars ($150.70) and RevPAR decreased 2.5% to AU$174.95 ($124.73).

    STR: Preliminary September data for Abu Dhabi hotels

    According to preliminary September 2018 data from STR, Abu Dhabi's hotels reported occupancy dropped 7.4% to 67.4%, ADR dipped 1.9% to 339.02 Emirati dirhams ($92.31) and RevPAR fell 9.1% to 228.45 Emirati dirhams ($62.21).

    5 things to know: 11 October 2018

    From the desks of the Hotel News Now editorial staff:

    • Hurricane Michael hits Florida, moves toward Carolinas
    • AHC Day One speakers key in on innovation, quality of service
    • Hotel strikes continue in Hawaii
    • Weekly performance results for US hotels
    • Disney cancels plans for luxury Anaheim resort

    Puerto Rico hotel exec on island’s recovery after Maria

    An executive with San Juan, Puerto Rico-based International Hospitality Enterprises and the territory’s new tourism board reflects on a year ago when Hurricane Maria hit the island and how his team prepared and is making a comeback.

    STR: Canada hotel results for week ending 6 October

    During the week of 30 September to 6 October, the Canadian hotel industry reported occupancy was flat at 74.6%, ADR rose 3.8% to 165.15 Canadian dollars ($126.63) and RevPAR increased 3.7% to CA$123.17 ($94.44).