HNR News Issue: August, 31 2023 | Read Online
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Travel influencer Michael Motamedi has been traveling the world with his wife and 2-year-old daughter using the free AI travel assistant GuideGeek to make every decision since June. The trip, initially planned for six months, is off to such a strong start that it has been extended to 12 months. Read more
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Market Report Jersey Shore
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Following the effects of the COVID-19 pandemic, the Jersey Shore is proving its resiliency once again. Recently, the counties along the coast have experienced record occupancy tax collection levels, an increase in the redevelopment of dated motels, and the addition of many large-scale, family-friendly attractions. Read more
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I recently heard Will Guidara speak about his new book, Unreasonable Hospitality: The Remarkable Power of Giving People More Than They Expect. I brought this idea to the HSMAI Marketing Advisory Board to talk about how this concept impacts our work and think about the intersection of technology and the people centric nature of hospitality. Read more
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HVS publication In Focus Singapore 2023 provides an overview of Singapores economic outlook, infrastructure development, tourism landscape and hotel market performance, hotel transactions and investment in 2022, COVID-19 situation and outlook. Read more
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Conference Board data published on Tuesday revealed that 21.8% of Americans intend on visiting a foreign country in the next six months, up from 17.7% in June. Read more
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Global Construction Pipeline Trend Report
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In the Q2 23 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts state that the total global construction pipeline stands at 14,572 projects/2,310,238, up 3% year-over-year (YOY) by projects and 1% YOY by rooms. Read more
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Australias occupancy through the first seven months of the year was 68.2%, which was up 9.8% from last year but down 6.0% from 2019. Average daily rate (ADR) of AUD234.46 was 7.4% higher than last year and 22.4% better than 2019. Read more
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Travel websites are among the worst offenders when it comes to accessibility, a new report finds. Read more
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Global technology and services leader for the hospitality industry, Cendyn, continues its legacy of innovation with strategic acquisition of WIHP, a trailblazer in hotel metasearch services and technology Read more
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In the dynamic landscape of artificial intelligence (AI) large language models (LLMs), OpenAIs ChatGPT has emerged as the frontrunner with an impressive 89.9% share of voice on platforms like Twitter and Reddit among the top seven LLMs during 2023 (1 January to 22 August). Read more
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HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents present the opportunity to acquire the 134-key Four Points by Sheraton Houston Energy Corridor, an exceptionally constructed select-service hotel asset in Houstons Katy Freeway/Energy Corridor submarket. Read more
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Located near Interstate 95 and Philips Highway, the hotel is in proximity to three of the citys largest employment centers: Downtown Jacksonville, JAXPORT, and the Butler Corridor office submarket. Read more
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CBRE Hotels is soliciting offers to acquire the fee-simple interest in the Holiday Inn Express & Suites in Texas City, a suburb of Houston, Texas that allows easy access to both Downtown Houston and Galveston Island. Thanks to its ideal location, the 70-room hotel receives business from a diverse population of both business and leisure segments. Read more
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1Concier will host an insightful and invigorating Virtual Wellness Webinar titled 'Prioritizing Wellness for Housekeeping.' The online webinar is scheduled for September 6th, from 1:00 PM to 1:45 PM (EST). Read more
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