Radisson Hotel Group, one of the fastest-growing hotel companies in Africa, plans to strengthen its robust African presence in 2023 further with the opening of eight new hotel already confirmed to date. The Group aims to reach 150 hotels within the next five years across the continent, reinforcing Africa as a key growth market.
Riyadh hotels post highest February occupancy since 2008
Riyadh’s hotel occupancy was its highest for a February since 2008, according to preliminary data from STR.
Marriott International celebrates 1,000 hotels in Asia Pacific
Marriott International, Inc. today announced the milestone opening of its 1,000th hotel in Asia Pacific, signaling its continued confidence in the long-term growth potential of the region. The company entered the region nearly 50 years ago and has steadily increased its Asia Pacific footprint.
Madrid hotel industry reported higher performance in February
Aligned with historical trends for the market, Madrid’s hotel industry reported higher performance from the month prior, according to preliminary February 2023 data from STR.
Turtle Bay Resort accepted into global luxury travel group Virtuoso(R)
Turtle Bay Resort has been accepted into Virtuoso®’s exclusive portfolio of luxury travel partners, comprising over 2,300 preferred suppliers in 100 countries. According to Robert Marusi, Chief Commercial Officer of Turtle Bay, inclusion in Virtuoso will present new sales and marketing opportunities to the network’s more than 21,000 luxury travel advisors and their highly desirable clientele. Virtuoso agencies worldwide sell an average of (U.S.) $28–$32 billion annually, making the network the most significant player in luxury travel.
Sydney WorldPride 2023 pushed hotel performance to pre-pandemic levels
Sydney WorldPride 2023 drove the market’s hotel average daily rate (ADR) and revenue per available room (RevPAR) above pre-pandemic levels, while occupancy remained slightly below 2019, according to preliminary data from STR.
IHG Hotels and Resorts: accelerating into a new era of growth
IHG Hotels & Resorts today celebrates both impressive development momentum from a successful 2022 and the start of the annual HUNTER Hotel Investment Conference in Atlanta by releasing an update on its recent and planned future growth across the Americas region and beyond.
U.S. hotel results for week ending 11 March
Helped by the onset of spring break travel, U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 March.
Le Méridien Hotels and Resorts draws back the curtain on the debut of Le Méridien Melbourne
Le Méridien Hotels & Resorts, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, unveils Le Méridien Melbourne, marking the brand’s debut to Australia. Located on a prime location overlooking Parliament House, Spring Street, and the east of Melbourne, the hotel invites travellers to savour the moment and connect with Melbourne’s famed art, culture, and culinary scene through the brand’s timeless perspective on modern travel.
UNWTO hosts tourism data workshop for Asia and the pacific members in Nepal
UNWTO has concluded a three-day workshop focused on helping Member States from across Asia and the Pacific better measure and…
