Four Seasons opens R&D – Research & Discovery – studio

The Four Seasons Research and Discovery Studio – or R&D Studio – id a collaborative workspace designed for experimentation and play at the company’s global headquarters in Toronto.

By |October 28th, 2016|

Hyatt to introduce new global loyalty program “World of Hyatt”

Arriving March 2017, World of Hyatt will offer new platform to that aims to deepen the understanding of guests, deliver meaningful benefits and inspire empathy.

By |October 28th, 2016|

Four Seasons launches ‘Taste of Place’ experiences

The global initiative offers new culinary and beverage-focused itineraries that take locals and guests on behind-the-scenes tours of the local food scene.

By |October 27th, 2016|

Wyndham expands rewards program to cover 17,000 vacation condos and homes

Loyalty program adds 17,000 new redemption options and will connect the majority of Wyndham Worldwide's more than 120,000-strong property portfolio by late 2018.

By |October 27th, 2016|

Campanile to open 250 hotels in China by 2020

In order to optimize the brand’s arrival on its new market and adapt to the local clientele, Campanile and Jin Jiang teams worked hand in hand for a full year and together they will open an average of 1.5 hotel openings per week for the next four years.

By |October 26th, 2016|

Rezidor signs 1900 rooms during Q3

Year-to-date, the group has added 33 hotels and more than 6,400 rooms to its pipeline, and 14 new hotels with almost 2,700 rooms to operations.

By |October 26th, 2016|

Hospitality money managers should avoid short-term trading: Cornell study

A new study from Cornell University suggests that professional investment managers often engage in short-term stock trading with poor results, which could have serious implications for hospitality firms with billions of dollars in pension funds.

By |October 26th, 2016|

HNA Group buys a 25 percent stake in Hilton

The transaction is valued at approximately $6.5 billion, or $26.25 per share in cash, reducing Blackstone’s interest in Hilton to approximately 21 percent.

By |October 25th, 2016|

Best Available Rate replacing commercial demand at UK hotels

The study, Benchmarking Beyond RevPAR, revealed that the 235% growth in BAR bookings was at the expense of a 17.2% reduction in rooms revenue derived from commercial-related sources during the same 15-year period.

By |October 25th, 2016|

$50 million in hotel room revenue lost during Hurricane Matthew

The overall loss will be higher once future lost business as a result of the extensive damage and renovations that many hotels will require prior to reopening is factored in.

By |October 24th, 2016|