Lodging Daily News

Zouk Group Announces Partnership With UrVenue

Posted by LODGING Staff on  February 20, 2024
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Category: Technology
LAS VEGAS—Zouk Group has selected UrVenue as its global technology partner, expanding its current partnership to Zouk Group’s nightlife venues in Singapore, Japan, and Malaysia. Zouk Group and UrVenue first became partners in 2021 with the opening of Zouk Nightclub, AYU Dayclub, FUHU restaurant, and RedTail social gaming bar, all of which are located within Resorts World Las Vegas, a 3,500-room luxury resort on the Las Vegas Strip. Founded in 2011, UrVenue debuted as an
investing

IHG Hotels & Resorts Reports Full-Year 2023 Results

Posted by LODGING Staff on  February 20, 2024
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IHG Hotels & Resorts released full-year 2023 financial results. Information from the results includes: Trading and revenue Global RevPAR up 16.1 percent year-over-year (YoY) (Q4 up 7.6 percent); global RevPAR up 10.9 percent versus 2019 (Q4 up 12.7 percent) Americas FY RevPAR up 7.0 percent YoY (Q4 up 1.5 percent), EMEAA up 23.7 percent (Q4 up 7.0 percent), and Greater China up 71.7 percent (Q4 up 72.0 percent), reflecting the differing levels of travel restrictions

Noble House Promotes Darrell Stark to VP of Revenue Strategy and Sales

Posted by LODGING Staff on  February 20, 2024
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Category: Comings & Goings, People
Darrell Stark, Vice President of Revenue Strategy and Sales, Noble House Hotels & Resorts KIRKLAND, Washington—Noble House Hotels & Resorts announced the promotion of Darrell Stark to vice president of revenue strategy and sales. Stark brings over three decades of expertise to his new position. With a career encompassing roles in front office management, reservations, and hotel management, Stark has worked on Noble House’s Little Palm Island Resort and Spa, The Breakers Palm Beach, and
DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the United States, increased by 1.0 percent from Q3 2023—marking the first quarterly increase since Q1 2022. The index still saw a decline of
MIAMI—Miami Marriott Biscayne Bay announced the launch of its new restaurant, Gold Coast Kitchen + Cocktails—a coastal cuisine concept with seasonal menu items; a citrus-forward menu of drinks; and a selection of white, rosé, and sparkling wines. Influenced by the flavors of Miami, the bayfront dining experience is led by Executive Chef Craig Tooker. Located alongside the waterfront on the ground floor of the hotel, the outlet has a contemporary interior and seasonal breakfast, lunch,