Tag: November 2023
Sonesta Essential NW Houston Opens
NEWTON, Massachusettes—Sonesta International Hotels Corporation announced the opening of Sonesta Essential NW Houston, a 99-room upper-midscale hotel. The hotel is near Route 290 and...
An Inside Look at Loyalty
iSeatz’s Andy Hermo discusses the findings of his company’s 2023 Hospitality Rewards Report
Exactly how important are loyalty programs as a vehicle for promoting, well,...
How AI and LLMs Will Shape Future Hotel Revenue Strategies
It’s fair to say many are curious about the latest developments in artificial intelligence (AI) regarding large language models (LLMs) such as ChatGPT. Who...
Hyatt Reports Q3 2023 Financial Results
CHICAGO—Hyatt Hotels Corporation reported third quarter 2023 financial results. Highlights include:
Net income was $68 million in the third quarter of 2023 compared to $28...
CoStar: U.S. Hotel Performance Decreases, Shows Positive Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data through Oct. 28, 2023.
U.S. Hotel...