Marriott International has made Aloft and Element special projects for growth among the 11 Starwood Hotels & Resorts brands it acquired with the chains' 2016 merger. The select-service and extended-stay sectors represented by the brands remain attractive to investors and are under-exploited, Marriott officials say.
Sonoma County, Calif., hotel revenues reached a record $309.8 million last year, more than doubling since 2009, STR reports. The peak was reached even as three hotels burned in the October wildfires, and the remaining properties were occupied by displaced residents seeking temporary shelter.
A 114-year-old hotel in downtown Buffalo, N.Y. that fell on hard times has been restored to its French Renaissance splendor with no skimping on amenities. Developer Rocco Termini has spent $40 million on renovation since buying the Lafayette Hotel in 2009 and renaming it The Hotel @ the Lafayette.
Iberostar has unveiled a new logo and rebranding effort that includes organizing its properties into three segments: City Hotels, Ocean Resorts and Heritage Hotels, which encompasses historic or culturally significant properties.
Hilton President and CEO Christopher Nassetta says the company is using its data to make durable connections with guests and drive direct bookings. "Imagine a room where anywhere you travel with us in the world we are personalizing, no matter whether you're in Bangkok or New York City or Reading, Pa.," he says.
Industry watchers are anticipating sustained hotel industry growth in the US this year as the industry benefits from growth in the broader economy, Ashford's Monty Bennett writes.
MGM Resorts has partnered with Three Square Food Bank to get unserved banquet food to those in need. MGM's Las Vegas properties, including the Bellagio, Aria and Mandalay Bay, will give their surplus to the food bank for freezing and later use.
The 206-key Aloft Palm Jumeirah has opened in Dubai, marking Aloft's entry into the city. The company is planning five openings in the UAE over the next three years.
Marriott opened 470-plus hotels worldwide in 2017, marking the company's most successful year for expansion outside of North America. "Marriott International continued to increase its global presence in 2017, opening properties in five new countries and territories and reaching a presence in 127 countries and territories around the world," said Marriott International's Tony Capuano.
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