INDUSTRY NEWS

HELRA Industry News

Industry news and resources connected to the worldwide hospitality industry and the Chicago area

Hotel Revenue Managers Tested New Strategies as Travelers Tightened Wallets in 2023

Hoteliers Assess Discounts, Prepaid Nonrefundable Rates
December 27, 2023

costar.com

Hotel News Now

By: Dana Miller

Profitability and staying one step ahead of demand has been the overarching theme of hotel revenue management in 2023.

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Big cities see vast jump in meetings business

December 07, 2023

Hotelsmag.com

By: Kathakali Nandi

The Second City was number one when it comes to meetings and events. Chicago posted the highest volume in November, according to Knowland’s latest monthly study. Meetings and events held in Chicago increased by 8.6% YOY, the said.

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In landslide vote, Los Angeles’ “homeless-in-hotels” measure is withdrawn by city council

December 06, 2023

hotelsmag.com

By: David Eisen

It wasn’t even close. This week, the Los Angeles City Council withdrew a union-backed ordinance from the March 2024 ballot that would have required hotels in the city to house homeless people next to paying customers. The vote was 11-0.

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Nutrition on the Go: Helping Guests Maintain a Healthy Lifestyle When Traveling

November 28, 2023

Lodgingmagazine.com

By: Lodging Staff

Whether hitting the road on a new adventure or jetting off for a business venture, maintaining a healthy lifestyle is a priority that many of today’s travelers carry with them on their trips. One of the biggest focuses of these health-conscious travelers is nutrition. By understanding traveler preferences, hoteliers can help their guests maintain their healthy habits when traveling—improving satisfaction scores and building loyalty.

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AHLA: Business Remains Strong for Hotels Through the End of 2023

November 17, 2023

Lodgingmagazine.com

By: Lodging Staff

WASHINGTON—The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure travelers to stay in hotels.

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Marriott's Capuano Shares Near-Term Outlook, Long-Term Optimism for Hotel Segment

'Blended' Travel Demand Might Be Permanent, CEO Says
November 15, 2023

Costar.com

Hotel News Now

By:Terence Baker 

Marriott International, one of the hotel industry's largest global brand companies, has now been a public company for 70 years.

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Tracking Snacking: Three Consumer Trends to Help Hoteliers Curate Their F&B Offerings

November 14, 2023

Lodgingmagazine.com

By: Christine Killion

In recent years, hoteliers have found creative ways to streamline their operations and control costs, particularly in their food and beverage departments. A recent CBRE analysis for LODGING noted that rising wages, heightened supply costs, and ongoing labor challenges have prompted hoteliers to increasingly scale back restaurant hours and menu offerings, reduce their in-room dining and minibar service, and adopt self-serve kiosks and grab-and-go market models.

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Sage Hospitality Reaches Record Revenues in Its 40th Year, Embraces Being Experiential

President Daniel del Olmo Reflects on Management, Investment Company's Growth
November 14, 2023

Costar.com

Hotel News Now

By: Dana Miller

SAN FRANCISCO — Having a business in its 40th year may feel complete for some. For Sage Hospitality Group, it's "just getting started," according to Daniel del Olmo, the company's president of hotels and restaurants.

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Hotel Workplace Diversity Key To Securing Business, Guest Targets

Employment Initiatives Broaden Due to Competition From Other Sectors
November 14, 2023

Costar.com.

Hotel News Now

By: Terence Baker

As the hotel industry struggles to find staff amid competition from other sectors, employers need to prioritize meeting their staffing guidelines and focus on training, recognizing success and cultivating a culture of fun and inclusion.

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Hyatt Looks To Elevate Offering for Guests and Employees With Wellness Program

Company Launched New Wellbeing Collective in October
November 13, 2023

costar.com

Hotel News Now

By: Sean McCracken

Well-being is a concept that means different things to different people, and it's TJ Abrams' job to translate those different meanings into hotel experience.

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