Hyatt and Grupo Piñero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand

Hyatt Hotels Corporation (NYSE: H) today announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe-branded hotels and resorts and own the Bahia Principe brand. The 50/50 joint venture is expected to expand Hyatt’s all-inclusive room portfolio by approximately 30% and enhance Hyatt’s position as one of the leading providers of all-inclusive offerings across the world.

Vingcard Unveils VConnect as the New Standard in Hotel System Integration Efficiency and Future-Proof Scalability

Stockholm –October 28, 2024 – Vingcard, an ASSA ABLOY company and provider of advanced technologies for the hospitality industry, is pleased to announce the launch of VConnect, a cutting-edge interface able to function as a communications bridge and centralized hub for a wide range of hotel systems and devices. With its tradeshow debut taking place during The Hospitality Show from October 28-30 at Vingcard booth #713, VConnect is set to gain the interest of attendees aiming to eliminate operational silos and instead adopt a fully integrated environment offering unmatched efficiency, security, and guest service quality.

STR Weekly Insights: 13-19 October 2024

In the week ending 19 October 2024, U.S. revenue per available room (RevPAR) advanced 4.2% on 2.5 growth in average daily rate (ADR) and a 1.1 percentage point (ppt) increase in occupancy. RevPAR growth in the Top 25 Markets trailed slightly versus the remaining markets, which saw ongoing demand and ADR gains from areas impacted by Hurricanes Helene and Milton. Additionally, Taylor Swift’s tour stop and the Adobe MAX conference helped Miami drive 0.4ppts of the national RevPAR gain. Additionally, for a second consecutive week, all chain scales posted weekly RevPAR growth.

HCN to Showcase AI-Powered In-Room Tablets at The Hospitality Show

Artificial Intelligence is expected to have a profound impact on the travel and hotel industries as reported by the 2024 Customer Engagement Technology Study. For travelers, AI offers a powerful tool to enhance decision-making and personalize experiences. For hoteliers, embracing AI can lead to improved guest services and more efficient operations. Hotel Communication Network (HCN), a provider of interactive in-room tablets, is leveraging AI to enable guests to request services, communicate their needs, place F&B orders from local restaurants, control the room environment and more via voice commands in multiple languages.

Creating Memorable and Efficient F&B Operations in Boutique Hospitality

In the ever-evolving boutique hotel landscape, food and beverage (F&B) operations have become a key differentiator, offering guests unique experiences while navigating the complexities of operational efficiency. At the recent Boutique Hotel Owners Conference, industry leaders shared insights into what makes an F&B concept work—and how to overcome the inherent challenges.