INDUSTRY NEWS

Lodgingmagazine.com

By: Lodging Staff

NEW YORK—The global travel and lodging industry has experienced a multitude of changes over the last decade including dozens of new brand launches and the emergence of new technologies that have transformed booking and guest experiences. During this time, many industry leaders have grown concerned with the rising cost of labor and what that means for the industry. The global pandemic compounded this pressure on the labor market, which responded to historically low occupancy rates (nearly as low as 20 percent in the United States) by furloughing thousands of workers.

Hotelsmag.com

By: Jeff Weinstein

Symbolically so, the 43rd annual NYU Hospitality Industry Investment Conference opened Monday on the same day international travelers started to return to the U.S. That milestone served as a backdrop for the opening sessions, with industry leaders lauding the opportunity to further drive the recovery.

Lodgeing Magazine

By Guest Contributor: Steve Hilton, senior vice president, operations, Marcus Hotels & Resorts, Milwaukee, Wisconsin 

With today’s uncertainty, our industry is ever more challenged with balancing the appropriate service offerings for our guests while operating under extreme circumstances due to the labor shortage and unforeseen stabilization in demand patterns and revenues.

Lodging Magazine

By: Lodging Staff

CHICAGO—Hyatt Hotels Corporation announced that it has completed the previously announced acquisition of Apple Leisure Group (ALG), a luxury resort-management services, travel, and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC.

Hotel News Now

By:  Danny King

Hoteliers with properties in major U.S. convention markets are not experiencing the usual fall-season pickup in demand from attendees, and are unlikely to match pre-pandemic performance amid continued travel restrictions and vaccine mandates.

Hotel News Now

By: Stephanie Ricca

CHICAGO — Hyatt Hotels Corp. President and CEO Mark Hoplamazian is committed to “doubling Hyatt’s Black representation in the next five years, period, end of story.”

Hotel News Now

By: Stephanie Ricca

PHOENIX — Kimpton Hotels & Restaurants has always embraced the practice of “do things differently,” and Chief Development Officer Allison Reid said the brand’s commitment to its core principles is allowing it to power through the pandemic with deep connections to its guests, along with strong performance and pipeline.

Hotel News Now

By: Sean McCracken

Hoteliers in U.S. markets that have traditionally been heavily reliant on land travel from Canada and Mexico are excited about plans to reopen the borders of those countries to tourists, but they still believe it's too early to say just how significant the resulting demand will be.

Lodging Magazine

By: Lodging Staff

BETHESDA, Maryland, and WASHINGTON—Marriott International, Inc. and Howard University announced the inaugural Howard Hospitality Week, an event beginning October 25, 2021, that will bring together the Howard community and hospitality leaders to discuss the need for more diverse and equitable opportunities within the hospitality industry. Over the course of five days, students, members of the faculty, and industry leaders will gather on Howard’s historic campus in Washington, D.C., to tackle key hospitality business, leadership, and social impact issues. Howard Hospitality Week is an outgrowth of the work the University and The J. Willard and Alice S. Marriott Foundation have begun to create the Marriott-Sorenson Center for Hospitality Leadership housed within the University’s School of Business. The effort also aligns with Howard’s five-pillar Howard Forward strategic plan, which emphasizes initiatives that serve the community by working with corporate partners to maximize job creation and train a diverse workforce.

Hotel News Now

By: Stephanie Ricca

As hotel operations shift to accommodate smaller labor pools and guests at varying comfort levels, hotel restaurants, bars and other food-and-beverage outlets have followed suit.