Global News

First Hospitality grows hotel portfolio by nearly 40% in 2023

First Hospitality, a national hotel operating and development company, witnessed significant growth in 2023, increasing its hotels and restaurants under management by nearly 40%. In addition, First Hospitality continued its focus on upscale, soft brand and lifestyle properties which is now approaching 40% of its portfolio. Last year, the company entered five new markets, bringing its diverse portfolio to more than 70 independent and branded properties, with over 10,000 keys, and 3,500 world-class associates.

First Hospitality
Global News

Choice Hotels International to Report 2023 Third Quarter Results on November 7, 2023

Choice Hotels International, Inc. one of the world’s largest lodging franchisors, will report its 2023 third quarter earnings results at approximately 6:30 a.m. EST on Tuesday, November 7, 2023. The company will also hold a conference call at 10 a.m. EST, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company’s performance.

Choice Hotels
Properties

W Sydney announces Darling Harbour debut on Thursday 12 October, 2023

W Sydney announced today that the hotel will open its doors on Thursday 12 October 2023. Having already made its mark on Darling Harbour with its iconic curved architecture, W Sydney will energise the city when it opens, seamlessly blending the luxury liberated W Hotels DNA with Sydney and Australia’s cultural touchstones to create an all-encompassing day-to-night dining and social destination and a sleek retreat.

W Sydney
Properties

Choice Hotels International to report 2023 first quarter results on May 9, 2023

Choice Hotels International, Inc., one of the world’s largest lodging franchisors, will report its 2023 first quarter earnings results at approximately 6:30 a.m. EDT on Tuesday, May 9, 2023. The company will also hold a conference call at 10 a.m. EDT, during which Patrick Pacious, president and chief executive officer, and Dominic Dragisich, chief financial officer, Choice Hotels, will discuss the company’s performance.

New Choice Hotels properties
Properties

The Bodrum Edition will re-open for the season on the 14th April, 2023

The Turkish Riviera’s most loved luxury escape, The Bodrum EDITION, is preparing for another exclusive season on the 14th April, 2023 – ready to showcase a new generation of luxury. The VIP hotspot will reveal an exciting line-up of events, pop-ups and programming that is promised to keep guests entertained.

Properties

The Ritz-Carlton, Fukuoka to open its doors on June 21, 2023

The Ritz-Carlton, Fukuoka will open its doors on June 21, 2023, welcoming guests to the prefectural capital of Fukuoka on the island of Kyushu in southern Japan with the Ritz-Carlton legacy of fine hospitality and sophisticated design. Situated within the main tower of the Fukuoka Daimyo Garden City complex in the tech hub of Tenjin, the 167-room luxury hotel is the first by Marriott International to open in the Kyushu region, whose capital is a major gateway between Japan and other countries of Asia. The hotel’s calm, modernist spaces will incorporate local art traditions such as Hakata-ori weaving and woven bamboo.

Global News

Europe’s tourism rebound predicted to continue into 2023

The outlook for travel to Europe is promising despite global pressures such as high inflation, the war in Ukraine and consequent energy crisis, and the looming economic recession. The latest data indicates a recovery of 75% of 2019 travel volumes to Europe in 2022. This strong tourism rebound is expected to continue well into 2023, though at a slower pace. Looking forward, international travel to Europe is forecast to reach pre-pandemic levels in 2025, while domestic travel will fully recover in 2024. 

European hotels
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