According to the Q3 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, the hotel construction pipeline in the region stands at 535 projects/134,897 rooms.
Radisson Hotel Group signs Glasgow declaration and reaffirms strong sustainability
During this year’s COP27 in Egypt, Radisson Hotel Group, one of the leading international hospitality groups, reaffirms its strong commitment to sustainability by signing the Glasgow Declaration and encouraging other hospitality groups to join the call for strong actions to halve emissions over the next decade and reach Net Zero emissions as soon as possible before 2050. Radisson Hotel Group is one of the top 1000 companies with published approved science-based targets and has taken significant steps to define a clear path to becoming Net Zero by 2050, aligned with the landmark 2015 Paris Accord.
Early international interest in Darwin Convention Centre Hotel
The Expression of Interest for the Darwin Convention Centre Hotel is now open with six international hotel operators already interested in the project.
Canada hotel performance recovery continued in October
Following seasonal patterns, Canada’s hotel performance fell from the month prior but average daily rate (ADR) and revenue per available room (RevPAR) were higher than the pre-pandemic comparables, according to STR‘s October 2022 data.
TE maintain ADR and RevPAR forecast in the last revision of 2022
STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation.
Dusit Hotels and Resorts in Thailand heat up the winter season
The Always Warm with Dusit campaign offers unbeatable 30-night room rates, exclusive savings on dining and spa treatments, and the option to stay at up to six different Dusit Hotels and Resorts throughout Thailand. Available now exclusively for members of Dusit’s guest recognition programme, Dusit Gold.
U.S. hotel results for week ending 19 November
U.S. hotel performance came in lower than the previous week and showed improved occupancy and revenue per available room (RevPAR) comparisons to 2019, according to STR‘s latest data through 19 November.
IHG Hotels & Resorts’ Vignette Collection brand lands in Patong, Thailand
IHG Hotels & Resorts one of the world’s leading hotel companies, is proud to announce that its Luxury & Lifestyle collection brand, Vignette Collection, will come to the famed beach destination of Patong in partnership with Dinso Resort Co., Ltd in mid-2023.
Omni Tempe Hotel at Asu now accepting bookings on April 28, 2023
Today, the highly anticipated Omni Tempe Hotel at ASU announced that it is accepting reservations for stays beginning on April 28, 2023, with rates starting at $275 per night.
The Ritz-Carlton announces new partnership with Diptyque
Introducing premier Diptyque bath amenities across the portfolio, The Ritz-Carlton will celebrate the partnership with a bespoke gift set and pop-up shops at select properties around the world this festive season
