Market Trends

🏡 Salamander Collection, founded by Sheila Johnson, recently added PGA National Resort as its seventh property. The acquisition by London-based Henderson Park marks PGA National in Palm Beach Gardens, Fla., as the second Salamander property to host a PGA Tour event, specifically the Cognizant Classic. Salamander Washington DC, formerly Mandarin Oriental Washington DC, underwent a renovation completed before January 20, showcasing a new Presidential Suite with White House-like features. The revamped property also includes a dual-story spa and a celebrated restaurant, Dōgon by Chef Kwame Onwuachi, ranked second on Washingtonian’s top regional restaurants within four months of opening. The renovation aimed to align with Sheila Johnson's vision, integrating equestrian elements and a home-like atmosphere to create D.C.’s living room.

📖 In Paris, France, Influence Society, a creative agency, has launched the first edition of Societies Quarterly, a new 30-pages publication aimed at hoteliers. It provides insights on luxury, design, and technology's impact on hospitality and will be issued quarterly. The report contains curated visual inspirations and examines luxury concepts, design thinking, architecture, and technological innovation. It looks beyond the hotel industry, drawing inspiration from brands like Nike, Hublot, and Aston Martin to guide hoteliers in innovation and anticipating future trends.

🏠 Since 2023, Red Roof has added over 30 women and representatives from underserved markets to its franchise ownership community through RIDE (Road to Inclusivity and Diversity in Entrepreneurship) and SHE, initiatives supporting diversity and women in hospitality. RIDE connects potential owners with lenders and partners, while SHE provides resources and thought leadership. Dimple Patel progressed from a front desk worker to part owner and general manager of the Red Roof Inn in Walton, Kentucky, exemplifying the success of these programs.

📌 Julien Mattei appointed as Chief Investment Officer (CIO) of a&o Hostels, bringing 15 years of real estate expertise from previous senior roles. a&o Hostels, with investors StepStone Group and Proprium Capital Partners, aims to expand across Europe, having added 4 new properties, now totaling 42 hostels in 11 countries, 19 owned, representing 45% of the portfolio. The group plans to invest €500 million by 2030 for acquisitions, renovations, and sustainability-focused modernization. CEO Oliver Winter endorses Mattei for his strategic acumen and extensive network.

📌 Over 675 million monthly site visits are available to those who sign up for free. The Travel Recovery Trend Report for Q2 2021 showed industry positivity, although Q3 faced Delta variant concerns and renewed restrictions. Positive progress was noted in the industry, with data and research from Expedia Group guiding travel marketers globally and regionally.

🌊 In 2023, Barcelona and its region attracted nearly 26M tourists, with the city alone drawing 15.6M visitors. The hospitality sector in Catalonia, Spain, experiences strong seasonal trends due to leisure and corporate tourism influences.

🏦 The InterContinental Chiang Mai The Mae Ping, developed by Asset World Corporation and managed by IHG, has launched the Club InterContinental Lounge and The ii Spa, enhancing the luxury amenities with Lanna heritage experiences. The Club InterContinental Lounge, exclusive to Club InterContinental room guests, offers serene Lanna-inspired views and décor, priority services, and a rich local food menu sourced from organic produce supported by the Royal Project Foundation. The ii Spa features authentic wellness treatments such as the Lanna Signature Massage (THB 3,100 for 120 minutes), the Lanna Blessing Massage (THB 4,500 for 120 minutes), and Aroma Bliss Massage (THB 3,300 for 120 minutes) using Panpuri and Phytomer products. The Lounge operates from 6:00 am to 11:00 pm, while The ii Spa is open from 10:00 am to 10:00 pm daily.

🏛 Discover hidden gems near Dubai for a unique experience: Hatta's stunning scenery and outdoor activities, Al Ain Oasis' UNESCO World Heritage site with traditional farming methods, Fujairah's pristine waters for snorkeling and historical landmarks, Ras Al Khaimah's longest zipline at 2.8 kilometers within the Hajar Mountains, and the high dunes of Liwa Oasis. Enhance your adventure with a rental car for comfort, fuel efficiency, and connectivity, ensuring access to these secluded locales at your own pace.