All eyes are on Cleveland as the country reads news from the Republican National Convention, and Cleveland is hopeful that the event will provide the city with a bolstered reputation long after the politicians call it a day. When Cleveland was announced as the host city in 2014, the city had 21,526 hotel rooms, and has experienced a 9.8 percent increase in rooms since then, up to 23,632. Local hoteliers hope this boost will take Cleveland to new heights, as the market is still strong despite new supply. Experts say Cleveland hotels will observe good performance metrics surrounding the convention, particularly since it isn’t a top 25 market. Read more here.
Yesterday, New York state legislature passed a bill that would heavily fine hosts on Airbnb and other short-term rental sites who violate the state’s short-term rental laws. Airbnb is already moving to make changes ahead of Gov. Cuomo approving the law, purging 2,233 listings that would violate the law. Read more here.
Following the third major terrorist attack in France in the last 18 months, Brazil said it will implement stricter security measures for the Rio Olympics. The plan includes more checkpoints and traffic restrictions during the event, which is expected to draw an additional 350,000 to 500,000 tourists to Rio de Janeiro next month. Read more here.
With a reality television past and former partying reputation, Paris Hilton might seem like an unlikely candidate to follow in her family’s hotelier footsteps. But Hilton, 35, is building her brand by launching a new line of luxury hotels called Paris in Dubai, New York, and Las Vegas. This is actually Hilton’s second venture into real estate, as she designed the Paris Beach Club for Azure Urban Resort Residences several years ago in the Philippines, and has another in development. For more information on the new venture, click here.
Domestic hotel prices rose 0.8 percent year-over-year, with Nevada, Tennessee, Colorado, and California destinations driving these increases, Adobe’s Digital Price Index for June reveals. Meanwhile, United Kingdom travel prices are decreasing month-over-month due to Brexit. To read more findings, click here.
While some trade groups are avoiding the national political conventions this year due negativity and controversy surrounding election season, many Washington-based trade groups are using the conventions as a branding opportunity for their industry. AH&LA is sponsoring hotel keycards at both conventions. Read more here.