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Oracle Pinpoints Drivers of Loyalty

Oracle Pinpoints Drivers of Loyalty

REDWOOD SHORES, Calif.—Oracle announced the findings of two research initiatives aimed at identifying the consumer drivers for loyalty in the food and beverage and hotel industries and the impact of technology in curating a unique hotel guest experience. Insights from ...

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Fairmont Newport Beach Sells for $125 Million

Fairmont Newport Beach Sells for $125 Million

ALISO VIEJO, Calif.—Sunstone Hotel Investors has announced the sale of the 444-room Fairmont Newport Beach for a contractual gross sale price of $125.0 million, or approximately $281,500 per key. The sale price of $125.0 million represents a 16.0x multiple on ...

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Tourism Prices in Cuba Drop for First Time in Years

Tourism Prices in Cuba Drop for First Time in Years

NEW ROCHELLE, N.Y.—Since the détente between the U.S. and Cuba began on December 17, 2014, most travel related costs soared between 100-400 percent due to a massive spike in U.S. and Canadian travelers. Mandated pricing increases from state agencies and ...

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Pendry Hotels Opens in San Diego

Pendry Hotels Opens in San Diego

ORANGE COUNTY, Calif.—Pendry Hotels has announced the grand opening of its first hotel in San Diego’s renowned downtown Gaslamp Quarter. A new luxury brand from Montage International, in partnership with The Robert Green Development Company, The Pendry is a refreshing ...

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Dunes Manor Hotel to Host FeBREWary Event

Dunes Manor Hotel to Host FeBREWary Event

OCEAN CITY, Md.—Dunes Manor Hotel & Suites, which was recently profiled as the best full-service hotel in Ocean City by international travel review site Tripatini.com, has an entertainment and culinary event on the horizon. A portion of the proceeds from ...

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