LODGING Staff - 10 Minutes News for Hoteliers - Page 120

1 min

CoStar: U.S. Hotel Results for Week Ending Dec. 7

🏨 WASHINGTON, D.C., Dec. 1-7, 2024: U.S. hotel industry sees year-over-year performance growth, with occupancy at 59% (+0.5%), average daily rate (ADR) at $159.77 (+3.8%), and revenue per available room (RevPAR) at $94.31 (+4.3%). Chicago reports highest occupancy increase (+17.8% to 67.6%) and RevPAR jump (+42.9% to $110.59), while Las Vegas boasts biggest ADR boost (+27.1% to $261.33). San Francisco and New Orleans experience RevPAR declines of -16.7% ($114.86) and -14.7% ($83.16), respectively.

6 min

W Prague Redefines Luxury Lifestyle Hospitality In Central Europe

📍 W Hotels, of Marriott Bonvoy’s portfolio, reveals W Prague in the Czech Republic, transforming the historic Grand Hotel Evropa. The hotel offers 161 guestrooms, including the WOW Bohemia Duplex and an E-WOW Suite on the 8th floor. The design features Art Nouveau style and a new 9-storey wing. W Prague provides a variety of dining options, a rooftop bar, and the AWAY Spa with a WET pool, sauna, and treatment rooms. The hotel aims to blend Prague’s cultural legacy with contemporary luxury, offering a new destination for modern travelers.

2 min

Marcus & Millichap Brokers Sale of Historic Hotel in Downtown Memphis

🔔 Marcus & Millichap announced the sale of Hu. Hotel, a 110-room property, located at 79 Madison Ave., Memphis, Tennessee. The local private buyer, Nick Patel, was represented by Mitchell Presas, Skyler Cooper, Chris Gomes, and Allan Miller. The hotel is in the former Tennessee Trust Building, built in 1905 and on the National Register of Historic Places since 1982. It's close to Beale Street and features a rooftop bar and fitness center. The property was a bank before turning into a hotel in 2002 and was renovated around 2018-2019.

2 min

Hotel Drover Appoints New Additions to Executive Team in Fort Worth, Texas

🏨 Aaron Ide appointed as Hotel Drover's new general manager in Fort Worth, Texas. Kristin Assad promoted to COO at Exchange Hotels Management, overseeing operations in the Stockyards. Hotel Drover, a 200-room urban resort, acclaimed by Travel + Leisure, boasts Michelin Key recognition. Ide, a 25-year veteran, previously managed Thompson Dallas and contributed to Forbes 5 Star status at Four Seasons Resort The Biltmore Santa Barbara. Assad, with over two decades of luxury hospitality experience, will enhance service across Stockyards Heritage Development Co.'s properties.

2 min

Comings & Goings

📌 Stonebridge Companies appoints Marco Selva as senior VP, focusing on expanding luxury portfolio in Southeastern US, Caribbean, Latin America. W Scottsdale welcomes back David J. Cronin as GM with 30+ years of hospitality experience. Hotel Effie Sandestin names Jennifer Lombard Knight as GM to oversee hotel operations. Walker & Dunlop adds Carter Gradwell as senior director, who brings $1.2 billion in sales and 12+ years of capital markets experience. Davidson Hospitality Group appoints Brad Barnett as SVP and promotes Michael Yousif to SVP. Limelight Hotels appoints Joseph Steiskal as GM of upcoming Limelight Boulder.

2 min

Chris Tucker Named CEO of NEWH, Inc. and NEWH Canada, Inc.

🏢 Chris Tucker became CEO of NEWH, Inc. and NEWH Canada, Inc. on November 1, 2024. She succeeds previous CEO Shelia Lohmiller, who is now Chair Emerita/Founder. Tucker, with over 35 years in interior design, also handed over her role as President of NEWH Canada, Inc. to Tara Witt. NEWH has over 30 chapters globally, has given $9.3 million in scholarships over 40 years, and was co-founded by Lohmiller in 1984. The headquarters remains in Shawano, Wisconsin, with Tucker operating from Toronto.

2 min

Anaheim-Santa Ana, Memphis Enter the Top Spots in Meeting and Events for the First Time in ’24

📊 Anaheim-Santa Ana, Calif., leads the top 25 markets in 2024 with a 17.5% year-over-year growth in event planning, followed by Atlanta with 13.7% growth. Louisville, Ky. dominates secondary markets with 59.1% growth, while Memphis, Tenn. follows at 48.9%. Anaheim-Santa Ana's healthcare events contribute a 7.1% share, with significant events from Edwards LifeScience, LLC, and Kaiser Permanente. Average event space used in the top 25 markets is 3,764 sq. ft. with a group size of 131, while Louisville averages 9,014 sq. ft. and a group size of 195.

3 min

Marriott International Explores the Outdoors With Postcard Cabins and Trailborn

🏕 Marriott International acquires Postcard Cabins and enters a long-term agreement with Trailborn to expand its outdoor lodging offerings. The Postcard Cabins portfolio, previously known as Getaway Outposts, includes over 1,200 cabins across 29 properties. Trailborn's portfolio has 559 rooms across five destinations and several development projects. Both brands will integrate into Marriott Bonvoy's system in 2025, broadening accommodation choices for the 219+ million Marriott Bonvoy members. The outdoor-focused collection aims to cater to the increasing interest in nature-immersive travel experiences.

2 min

Azul Hospitality Group Unveils Red Cliffs Lodge Zion as A Tribute Portfolio Hotel After Renovation

🏕 Azul Hospitality announced the debut of Red Cliffs Lodge Zion in SAN DIEGO, California, following an extensive renovation. The Lodge, located near Zion National Park, switched to Azul's management in early 2024 and was rebranded from The Lodge at Zion Country. Renovations included new amenities like Scout Bar & Grill, outdoor firepits, poolside cabanas, a fitness center, and 1,000 square feet of meeting space. All 132 guest rooms and suites were redesigned. Red Cliffs Lodge Zion joins the Red Cliffs Lodges collection, with a sister property in Moab, Utah.

2 min

Omni Severin Hotel Completes $24M Renovation

🏨 The Omni Severin Hotel in Indianapolis, built in 1913, completed a $24 million renovation, blending its art deco origins with modern features. It offers 424 rooms, including 36 suites with amenities like lofts and private balconies. The hotel, near the historic Union Station, introduces the new 8th Notch Cafe & Market and Bar Cardinale. Its renovation is part of Omni's investment in its national portfolio of over 50 properties.

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