Hotel Industry News

During third quarter 2023, the Company awarded 172 new contracts for its legacy brands, an increase of 4% year-over-year. Additionally, the Company awarded 60 additional new contracts for its ECHO Suites Extended Stay by Wyndham brand and, as of September 30, 2023, the entire variety of contracts awarded for the model was 265, or nearly 33,000 rooms. Deutsche Hospitality is rebranding to H World International to drive the enlargement of its ownership group, H World, exterior of China. All of H World International’s manufacturers shall be a part Hotels News of the H Rewards global loyalty program and on-line reserving platform. Depending on participation, Choice intends to either prolong or terminate the trade supply and will evaluate subsequent steps related to its nomination of a slate of unbiased administrators for election to the board of directors of Wyndham. The new-build property will function 37 luxury suites, one presidential villa, and 73 one- and two-bedroom sea view villas with personal pool.

  • By broadening your view, you can establish where you could be shedding occupancy—perhaps to lodging sorts past hotels.
  • With free WiFi, this 4-star hotel offers room service and a 24-hour entrance desk.
  • Although Pine and Gilmore initially envisaged the idea of the experience economy in business, it is definitely appropriate for hospitality and tourism.
  • The hotel is the creation of the De Santis household, whose history in hospitality is manifest all through the Passalacqua operation.
  • In an era where environmental consciousness intersects with the evolving preferences of vacationers, the hospitality industry stands at a pivotal juncture.
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