LODGING Staff - 10 Minutes News for Hoteliers - Page 161

2 min

AHLA Makes Statement About Human Trafficking Awareness Training Recognition Act

🚨 The Human Trafficking Awareness Training Recognition Act, introduced in Washington by Reps. Valadao and Carter, mandates DHS to certify businesses training employees to combat human trafficking. Since 2019, the No Room for Trafficking (NRFT) initiative enabled 1.6 million training sessions. AHLA Foundation's Survivor Fund, created in 2022, raised $3.7 million, with a match up to $5 million, aiming for a $10 million total.

1 min

CoStar: Fourth of July Holiday Contributes to Lower U.S. Hotel Performance

🌆 In the U.S., hotel industry performance from June 30-July 6, 2024, showed a decline with occupancy at 61.3% (↓0.9%), ADR at $157.27 (↑0.5%), and RevPAR at $96.35 (↓0.4%). New Orleans led with the highest year-over-year increases: occupancy up 15.5% to 56.6%, ADR up 35.1% to $197.23, and RevPAR up 56.1% to $111.72. St. Louis and Tampa had the steepest RevPAR declines, with St. Louis down 25.4% to $58.65 and Tampa down 13.5% to $100.65.

2 min

Knowland: Las Vegas Continues to Lead Meeting Volume Growth

🏖️ Las Vegas led meeting volume growth with a 22.2% YOY increase, followed by St. Louis at 12%. Average space used in the top 25 U.S. markets was 4,127 sq ft with 141 attendees; secondary markets used 4,085 sq ft for 132 attendees. The top five markets by YOY growth in event volume, led by Las Vegas, varied in industries such as sports entertainment and technology. Louisville topped secondary markets with a 72.73% increase in event bookings, with financial/banking as the leading industry. Other high-growth secondary markets included Madison, Sacramento, Pittsburgh, and Norfolk-Virginia Beach with notable YOY growth and diverse leading industries.

1 min

Smith Hill Capital and Bain Capital Execute $72 Million Financing for Hotel Viking

🏨 Smith Hill Capital and Bain Capital Special Situations financed a $72 million loan to KSL Capital Partners for Hotel Viking in Newport, Rhode Island. The 208-room historic property, located in the Historic Hill neighborhood, features an indoor pool, fitness center, and over 14,000 square feet of event space. The joint venture between Smith Hill and Bain Capital was formed in 2023 to support hospitality financing across the U.S.

3 min

This Week’s Comings & Goings

📈 Brittain Resorts & Hotels appointed Brittney Jones as chief development officer. PM Hotel Group named Paul Sacco with 30+ years in hospitality as chief growth and development officer. RMS Cloud's new chief product officer is Cameron Gough. Ron Fader became senior vice president at Hospitality Ventures Management Group. Frank Solano is now senior vice president at Dreamscape Hospitality. Marci Jacobs is McNeill Hotel Company's VP of sales and revenue. Dania Duke appointed managing director at Margaritaville Resort Lake Tahoe. Nick Solomon became general manager of The Scottsdale Resort & Spa. Glenda Rivera, with 25 years experience, is the general manager at Zachari Dunes on Mandalay Beach. Montage Deer Valley's new director of sales and marketing is Gretchen Walker. Chris Halbauer is Beach Enclave Turks & Caicos' director of leisure sales. Kimpton Everly Hollywood welcomed Ashley Thompson as executive chef, and Kimpton The Forum Hotel appointed Ryan Collins in the same role. Ari Miller joined Rosewood Washington, D.C. as executive chef. Sebastian Mena became director of food and beverage at JW Marriott San Antonio Hill Country Resort & Spa. The San Juan Marriott Resort & Stellaris Casino announced Mariano Formariz as general manager, Javier Escola as food and beverage director, and Romeo Penacino as executive chef. Hilton Minneapolis/Bloomington promoted Aaron Slattery to general manager, and Hilton Madison Monona Terrace hired

2 min

Hilton Adds Nearly 400 Boutique Hotels from SLH Collection

🏕 Hilton is enhancing its luxury hotel offerings by incorporating nearly 400 Small Luxury Hotels of the World (SLH) properties, which will be bookable via Hilton's direct channels. Through this alliance, Hilton Honors members can earn and redeem Points at unique SLH locations. Chris Silcock of Hilton and Shaun Leleu of SLH both emphasize the benefit to guests and the expansion for independently owned hotels. Since February, 390 SLH hotels have joined the partnership.

3 min

Business Access by Marriott Bonvoy Launches for Small to Medium-Sized Businesses

💰 Marriott International launches Business Access by Marriott Bonvoy, a new online travel booking platform for small to medium-sized businesses. Available in the U.S., Canada, Europe, Middle East, Africa, Caribbean, and Latin America, the program offers discounted rates on hotels, flights, rental cars, and rail within one multilingual tool. A global survey shows 75% of business travelers experience booking frustrations, with 58% preferring to book outside their companies’ platforms. The platform includes features like real-time reporting, expense management, and traveler safety monitoring, with plans to expand to other regions.

1 min

Mumford Company Shares Sales Performance From H1 2024

🏨 Mumford Company, a hotel brokerage, reported a robust first half of 2024 sales performance, with several deals closing in Q2. Recent transactions encompass properties across the United States, including locations in Virginia, Mississippi, North Carolina, and Texas. Key assets sold range from Holiday Inn and TownePlace Suites to Best Western and Motel 6. With offices in Georgia, Illinois, Texas, Virginia, and Washington, D.C., Mumford Company's extensive industry relationships contribute to a strong pipeline for the remainder of the year.

1 min

My Place Hotel-Mitchell, South Dakota, Opens

🏡 My Place Hotels of America opened the 72nd My Place Hotel in Mitchell, South Dakota, marking the seventh in the state. The hotel, developed by Mitchell Holdings, LLC, is managed by Venerts Hotel Management, Inc. This 63-key property features amenities like a 24-hour market, laundry, business center, and a grilling pavilion, plus it's pet-friendly with guest parking. Located near businesses, schools, and attractions such as the only Corn Palace, it reflects the brand's growth in its founding state.

2 min

Coury Hospitality Promotes Jennifer Burgess-Wright to SVP, Marketing & Digital Strategy

📈 Jennifer Burgess-Wright promoted to Senior Vice President of Marketing and Digital Strategy at Coury Hospitality, Dallas, Texas. With a 17-year tenure, starting in 2007, and multiple advancements, including Vice President in 2023, she has shaped the brand's engagement and online presence. Her strategies have contributed to the company's industry recognition and strong community connections. Burgess-Wright's career began at Colcord Hotel, Oklahoma City, and has been pivotal in recent brand refresh initiatives.

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