Crescent, JFK: Fairfax, Virginia-based Crescent Hotels & Resorts will manage the 330-room Crowne Plaza JFK Airport Hotel.
IHG: InterContinental Hotels Group announced four new hotel signings as well as six new hotel openings across the GCC in 2017 at the Arabian Travel Market in Dubai, UAE. The new signings in the Middle East and Africa include: Crowne Plaza Jeddah in Saudi Arabia, InterContinental Doha Festival City and Staybridge Suites Lusail in Doha, Qatar and the Holiday Inn Mutare in Zimbabwe.
More IHG: The company also signed a new-build Holiday Inn in Lima, the capital of Peru. The 19-story, 200-room property will be owned by Grucaba SAC and managed by IHG. The hotel will be situated on Avenida Ricardo Palma in the Miraflores District, an affluent residential area south of downtown Lima known for its upscale dining and shopping.
Hoshino Osaka: Hoshino Resorts, known for running upscale Japanese-style resorts, will make its Osaka debut with a 608-room hotel. The property is to open its doors in 2022 and will be Hoshino’s second-largest location.
STR data: Results from STR’s 2017 Host Almanac indicate that U.S. hotel industry revenue and house profit reached all-time highs in 2016. Revenues topped an estimated US$199 billion in 2016, increasing nearly US$9 billion from 2015. Total industry-wide house profit exceeded US$76 billion, a per-available-room increase of 2.0% from 2015. Even though records were set in each category, STR’s Consulting & Analytics team notes that growth was much lower than the levels experienced in 2015. House profit increased 4.0% compared with 11.1% in 2015. Total revenues increased 4.5% in 2016 after rising 8.1% in 2015.
STR, Mexico data: Mexico’s hotel industry reported positive year-over-year results in the three key performance metrics during the first quarter of 2017, according to data from STR. Among key markets in the country, N.W. Mexico experienced the largest increases in occupancy (+4.7% to 62.1%) and RevPAR (+15.0% to MXN1,912.27).
ForwardKeys: A report from ForwardKeys finds that passengers from Europe, the Americas and the Far East are making more bookings and taking more flights, despite recent terrorist attacks and on-going geo-political wrangles. Other main findings in the report include that Canada is the new star destination in North America; Europe is recovering from last year’s terrorist attacks – arrivals growth is back on track; and political events can have a major impact on the tourism industry: the Chinese have turned their backs on South Korea, and are exploring ASEAN countries instead.
Hotel Alliance: Harmony Hospitality Group launched the Hotel Alliance membership program, an owner-friendly and all-encompassing co-branding program, offering an online travel agency platform in tandem with attributes of brand affiliation.