New York City’s Most Expensive Luxury Hotel Is The St. Regis

St. Regis New Yortk City - Entrance

NewYorkHotels.org has just compiled a ranking of the most expensive NYC accommodations and the St. Regis Hotel has topped the list. The survey, which compared the rates of all luxury hotels in New York City over the past year, found St. Regis to be more costly than all its competitors.

Cornell Center for Hospitality Research Focuses on Hotel Technology and Brand Market Research

Motel One Lounge Stuttgart Hauptbahnhof

(Ithaca, New York – 17 April 2013) Research studies demonstrating a model for strategically integrating information technology (IT) and an analysis of consumer hotel preferences are now available from the Cornell Center for Hospitality Research (CHR) at the School of Hotel Administration. Hoteliers are invited to compare their IT systems to a strategic framework developed by top industry stakeholders. Additionally, a new Cornell Industry Perspectives shows how to use consumer research to evaluate the potential return on hotel amenity and feature upgrades. These publications are available at no charge from the CHR.

Top 10 Hotelketten und Hotelmarken: IHG bleibt auf Platz 1

Hotelketten Top 10 - 2013

(Paris, 05. April 2013) Keine Änderung im Top-Ranking der Hotelketten und Hotelmarken: Die InterContinental Hotels Group (IHG) führt mit weltweit 675.982 Zimmern die Hitliste der Hotelketten an. Bei der Auswertung der größten Hotelmarken führen die IHG-Ketten Holiday Inn und Holiday Inn Express mit international 424.612 Zimmern. Dies teilt MKG Hospitality mit. Das Pariser Beratungsunternehmen erstellt jährlich ein Ranking der größten Hotelketten und -marken.

Video – The Peninsula Hongkong feiert glanzvolles 85. Jubiläum – The Peninsula Hongkong

The Peninsula Hongkong

(Hongkong, 25. März 2013) Anlässlich seines 85. Jubiläums begeht The Peninsula Hongkong 2013 ein Jahr voller Event-Highlights. Sie stellen sowohl eine Hommage an seine eigenen Traditionen als auch an die seiner Heimatstadt Hongkong dar. Die Entwicklung des am 11. Dezember 1928 eröffneten Hotels ist ein Spiegel des erstaunlichen Aufstiegs Hongkongs von einem kolonialen Handelshafen zu einer globalen Wirtschaftsmacht.

Baird/STR Hotel Stock Index up 6.5% in January

Baird Logo

(Hendersonville/Tennessee, USA – 8 February 2013) The Baird/STR Hotel Stock Index reported a 6.5-percent increase in January to 2,608. The index ended 2012 at 2,448.

Horwath HTL Launches CHAT Hotel Conferences

Horwath HTL Launches CHAT Hotel Conferences

(Beijing, 5 February 2013) Horwath HTL have rebranded their China conferences. The conferences, which are held in Beijing in March and Shanghai in September used to be called the China Hotel and Development Conferences, has been upgraded and re-launched as CHAT, which stands for China Hotel and Tourism. The change reflects the growing size and […]

Preferred Hotel Group Announces 2012 Results

Preferred Hotel Group

(London – 5 February 2013) Preferred Hotel Group, a global provider of sales, marketing, and distribution services to independent luxury hotels, reported today its 2012 year-end results, which include a 19 percent increase in revenue produced for its members hotels, up to a total of $730 million. In the past 12 months, the company also generated a 14 percent increase in reservations via its diverse distribution channels and booked nearly three million room nights, an increase of 17 percent compared to the same time period in 2011.

Hotel Hessischer Hof Joins Preferred Hotels & Resorts

Hotel Hessischer Hof in Frankfurt, Germany

(London/Frankfurt – 4 February 2013) Hotel Hessischer Hof has been accepted into membership of Preferred Hotels & Resorts, the ultimate luxury collection featuring more than 250 of the world’s most desirable destinations. The brand conveys the highest standards of hospitality and service as it celebrates the individuality of its members.

HSMAI Europe to launch sponsored web TV channel

HSMAI Channel

(Oslo, Norway – 4 February 2013) HSMAI Europe has been preparing a web-based, fully sponsored TV channel for some time, aiming to be the European travel and hospitality industry’s very own TV channel, featuring, among other subjects: news reports, behind the scene reports, guests of interest.

STR: US hotels report strong performance in summer ‘12

U.S. summer performance 2008-2012

The U.S. hotel industry reported strong performance increases in the three key performance metrics during summer 2012, according to data from STR. During the summer season—which comprises June, July and August—the U.S. hotel industry’s occupancy rose 2.4 percent to 69.3 percent, its average daily rate increased 4.4 percent to US$107.37, and its revenue per available room was up 7.0 percent to US$74.44.

STR: US hotel results week ending 15 September

The U.S. hotel industry experienced mostly positive results in the three key performance metrics during the week of 9-15 September 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week nearly flat with a 0.5-percent decrease to 66.2 percent, average daily rate was up 3.0 percent to US$108.62 and revenue per available increased 2.5 percent to US$71.90.

Conrad Hotels & Resorts Introduces Personal-Choice Amenities

It’s been nearly 40 years since name-brand shampoos were first introduced as in-room amenities at hotels and roughly a decade since hotels began carrying more specialized and high-end bath and body brands.* Today, Conrad Hotels & Resorts revealed the latest evolution of hotel bath amenities, and yet another way to customize your luxury hotel experience, by offering a selection of three distinct bath amenities – Aromatherapy Associates, Shanghai Tang and Tara Smith Vegan Hair Care – to all guests staying at its 20 properties around the globe.

Cornell Center for Hospitality Research Reports Examine Hotel’s Carbon Footprints and Corporate Earnings Surprises

A new report from the Cornell Center for Hospitality Research (CHR) at the School of Hotel Administration focuses on how hotels report their carbon footprints. Many hotels have developed their own carbon reporting policies, but the global hotel industry has yet to agree on a standard. This new report helps frame the discussion by analyzing materiality, or the importance of specific greenhouse gas sources. Another new CHR report finds that hotel company stocks are relatively efficient in their response to announcements of earnings surprises.

IHG and Select Group Ink Deal to Open InterContinental Dubai Marina in 2013

InterContinental Dubai Marina in Bay Central

IHG (InterContinental Hotels Group) has signed an agreement with Dubai-based property developer Select Group to open InterContinental Dubai Marina. Part of the Bay Central development in the cosmopolitan Marina area, the hotel will offer rooms as well as residential suites for longer staying guests.

Starwood Hotels & Resorts to Open First Element Hotel in Europe – Starwood’s Trailblazing Eco-Wise Brand to Debut in Frankfurt in 2014

Starwood Hotels & Resorts Worldwide, Inc. has signed an agreement with Bari Gruppe GmbH & Co. KG to open a new-build Element hotel at Gateway Gardens, Frankfurt`s new city district near the airport. Scheduled to open in 2014, Element Frankfurt Airport marks the much-anticipated European debut of the trailblazing eco-wise brand. The hotel will be located in a newly developed business district at the doorstep of Europe’s third busiest air travel hub, near the global headquarters of companies such as Lufthansa, Condor and DB Schenker.

Starwood Hotels & Resorts Debuts Sheraton Fuzhou Hotel

Sheraton Fuzhou Hotel

Starwood Hotels & Resorts Worldwide announced the opening of the Sheraton Fuzhou Hotel in Fuzhou’s newly built, modern business district in China’s Fujian province. The hotel is owned by the Zhonggeng Group, and the introduction of the Sheraton brand to this vibrant, bustling port city represents Starwood’s vigorous expansion plan in China, extending its footprint to gateway cities as well as emerging markets across the nation. The Sheraton brand’s impressive global pipeline is being fueled by phenomenal demand in China with 12 new Sheraton hotels slated to open across this fast-growing market by year’s end driven by strong demand in second and third tier cities.

Marriott International Opens First JW Marriott Hotel in Cusco, Peru

JW Marriott Hotel Cusco in Peru - Opening in October 2012

Marriott International continues to grow its world-class luxury JW Marriott hotel brand with the opening of the 153-room JW Marriott Cusco. The much anticipated hotel stands at an altitude of 11,154ft above sea level, the company’s highest-altitude hotel, and is situated at the gateway of the Andes mountain sanctuary Machu Picchu. The hotel will feature a highly customized design built around a colonial church and ancient Inca artifacts found on the site. The property will also epitomize the approachable elegance that distinguishes the JW Marriott brand, a global portfolio of 52 luxury hotels and resorts.

Baird/STR Hotel Stock Index rises 2.9% in August

The Baird/STR Hotel Stock Index reported a 2.9-percent increase in August to 2,397 and is up 18.4 percent year-to-date 2012. The index ended 2011 at 2,025. Robert W. Baird & Company and STR partnered to create the Baird/STR Hotel Stock Index—the first widely available U.S. hotel stock index in the hotel industry. The index combines Baird’s financial markets expertise, the data processing of STR and the up-to-the-minute distribution capabilities of HotelNewsNow.com.

Marriott International to Open 14th Hotel in Paris with Signing of AC Hotel by Marriott – AC Hotel Paris Porte Maillot Opens in 2014

Marriott International, Inc. announced the signing of its first AC Hotel by Marriott in Paris, the 166-room AC Hotel Paris Porte Maillot. The hotel will be operated under a franchise agreement with SHEPI SNC. The AC Hotel Paris Porte Maillot will represent Marriott International’s 14th hotel in the capital city and its third AC Hotel by Marriott in France.

STR: US hotel results week ending 8 September

The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 2-8 September 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week nearly flat with a 0.1-percent increase to 57.6 percent, average daily rate was up 4.3 percent to US$102.92 and revenue per available room ended the week with an increase of 4.3 percent to US$59.31.

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