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LODGING Staff

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  • 2 min

Hilton Signs First Signia Hotel Outside of the United States

  • LODGING Staff
  • 2 December 2024
🏦 Hilton to open its first international Signia by Hilton in Amman, Jordan, with 272 keys, in January 2025. Located downtown, minutes from Al Abdali Mall, the hotel will feature over 5,000 square meters of meeting space, including a convention center accommodating 3,400 people, 20 meeting rooms, and modern technologies. The property will offer seven dining venues, a spa, fitness center, outdoor pool, and Club Signia for club rooms and suites with exclusive services. Hilton aims to enhance its MEA portfolio, with 300+ properties trading or under development.
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  • 1 min

NexGen Hotels Acquires Fairfield Inn & Suites Fort Lauderdale Northwest

  • LODGING Staff
  • 2 December 2024
📌 NexGen Hotels acquired Fairfield Inn & Suites by Marriott Fort Lauderdale Northwest, a 120-room hotel in Tamarac, Florida, managed by AD1 Global. Located 12 miles from Fort Lauderdale International Airport, amenities include a complimentary breakfast buffet, outdoor pool, 24-hour fitness center, and WiFi. Rooms feature microwaves, mini-refrigerators, Keurig coffeemakers, and 55" TVs. The hotel caters to business and leisure travelers and is close to local attractions and facilities.
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  • 1 min

CoStar: Thanksgiving Calendar Shift Positively Impacts U.S. Hotel Performance

  • LODGING Staff
  • 2 December 2024
🏨 In the week of November 17-23, 2024, the U.S. hotel industry witnessed an occupancy increase of 20.7% to 59.7%, ADR rose by 8.6% to $150.49, and RevPAR grew by 31.1% to $89.80, year-over-year, partly due to a calendar shift of Thanksgiving. Seattle led with a 62.9% occupancy increase, while Chicago saw the largest ADR and RevPAR increases, 43.8% ($181.36) and 113.7% ($127.91) respectively. Only Oahu experienced a RevPAR decline of 22.7% to $176.10.
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  • 4 min

A Lens on Loyalty: Program Membership, Contribution, Liability, and Costs Continue to Grow 

  • LODGING Staff
  • 27 November 2024
🏨 Loyalty program members at five major hotel companies grew by 11.3% in 2023, contributing to nearly 51% of occupancy, up from 48% in 2022. Average room nights booked by a loyalty member returned to 1.1 in 2023, matching 2019 levels, but below the 1.8 nights in 2016. Liability per member was 87% of pre-pandemic levels. Loyalty redemption revenues increased by 11%, reaching $1.1 billion in 2023. CBRE's sample of 4,454 U.S. hotels showed a 17% growth in guest loyalty program fees, outpacing the 8.8% increase in total operating revenue. Upper-midscale, upscale, and upper-upscale hotels had the highest loyalty fees as a percent of total operating revenue.
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  • 3 min

AAA: 79.9 Million Travelers to Head 50 Miles or More From Home Over Thanksgiving

  • LODGING Staff
  • 27 November 2024
🌱 AAA projects nearly 80 million travelers for the Thanksgiving holiday, up from last year by 1.7 million and 2019 by 2 million. A record 71.7 million will travel by car, surpassing 2019's 70.6 million. Gas prices could drop below $3 a gallon. Air travel will see 5.84 million people, a 2% increase from last year and 11% over 2019, with international flight bookings up 23%. Other modes like buses, cruises, and trains will see nearly 2.3 million travelers, an 18% rise from 2019. Peak congestion is expected in metro areas, with the worst times to drive on Tuesday and Wednesday afternoon.
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  • 2 min

Aloft Tallahassee Downtown Completes Communal Space and Guestroom Renovation

  • LODGING Staff
  • 27 November 2024
🏡 Aloft Tallahassee Downtown completed a multi-million-dollar renovation of its 162 guestrooms and communal spaces. The pet-friendly hotel, situated on North Monroe Street, is close to Florida's Capitol, Florida A&M University, and Florida State University. Renovations include new flooring, vinyl tiles, paint, LED lighting, art from local artists, a refreshed lobby, updated 2,100 square feet of meeting space with 75” smart TVs, and a revamped 24-hour gym. The W XYZ bar, Re:Mix lounge, and 24/7 Re:Fuel market offer food and drinks, while the outdoor pool area boasts new lounge furniture and poolside firepits. The project was overseen by McKibbon Places and carried out by First Finish.
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  • 2 min

Compass Hotel Anna Maria Sound Names Concord Hospitality Manager

  • LODGING Staff
  • 27 November 2024
🏖️ Concord Hospitality partners with Margaritaville Resorts & Hotels to manage Compass Hotel Anna Maria Sound in Tampa, Florida. The 123-key waterfront hotel features two restaurants, a resort-style pool, and is located on a private 220-acre island, 30 minutes from Sarasota Bradenton International Airport. This marks Concord's first Margaritaville partnership, adding to its nearly 40 years of hospitality experience.
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  • 2 min

Delta Hotels by Marriott West Palm Beach Opens

  • LODGING Staff
  • 27 November 2024
📌 Driftwood Hospitality Management opened Delta Hotels by Marriott in West Palm Beach, Florida, targeting regional hospitality and economic growth. The launch featured a ribbon-cutting event with COO Bryan Postema, Sagar Desai, Mayor Keith James, and CEO Milton Segarra. Previously a Holiday Inn, the revamped hotel offers a Florida Fusion menu at The Dive Bar, over 8,200 sq ft of meeting space, and proximity to transportation hubs like Palm Beach International Airport and Interstate 95.
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  • 2 min

Five Star Hospitality Management Names Kimberly Rowell Executive Vice President

  • LODGING Staff
  • 26 November 2024
🏥 Kimberly Rowell, with over 35 years in hospitality, joined Five Star Hospitality Management as Executive Vice President in February 2023. Dream Capital named Justin Patel as Senior Associate, who has experience with 20+ hotels and a finance degree from the University of Tennessee. Five Star pursues acquisitions with major brands like Hilton and Marriott in challenging markets.
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  • 1 min

Ashford Hospitality Trust Converts Le Pavillon Hotel to Tribute Portfolio

  • LODGING Staff
  • 26 November 2024
🌏 Ashford Hospitality Trust, Inc. converted the 226-room Le Pavillon Hotel in New Orleans to a Tribute Portfolio property. The hotel, built in 1907 and part of Historic Hotels of America, underwent a $19 million renovation. Upgrades included the hotel lobby bar, now Bar 1803, inspired by the city's French roots. Located near the French Quarter, it's positioned for Super Bowl LIX and Mardi Gras in 2025 to boost its profile.
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