| | | | | | Expedia study spotlights thriving
US independent hotel scene
US: Expedia's Independents Day study has revealed that independent hotels enjoy higher ADR and faster growth than their branded counterparts. Read more...
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Autograph Collection adds third Madrid property
Spain: Marriott's Autograph Collection has welcomed its third independent property in Madrid, with the opening of Hotel Círculo Gran Vía.
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Hotel Valencia Riverwalk completes $10 million renovation
US: Hotel Valencia Riverwalk in San Antonio has completed the first refurbishment in the hotel's 14-year history.
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| | | | Indies on the rise
• Heartening news from the US, where Expedia's Independents Day report, published today, has shown a thriving independent hotel scene, where performance levels are reportedly exceeding those of branded properties.
Responding to data from STR which revealed that 'unbranded' properties had greater overall average daily rate (ADR) and revenue per available room (RevPAR) than their branded hotel counterparts, Expedia's study found that Independent properties not only averaged higher ADRs than branded properties, but the ADR growth for independents has also doubled the pace of branded ADRs since Q1 2014".
Major cities such as Las Vegas, Manhattan, Miami, Orlando and Los Angeles are among the best performing markets for the independents, but thee are spectacular hot spots around the country including Kauai (Hawaii), Charlottesville (Virginia), and Prescott (Arizona).
The report goes on to detail how effective independents are at attracting overseas, visitors, maximising bookings from mobile traffic and standing out from the crowd.
It would be interesting to see a similar study looking at other markets - Europe, and APAC for example, where the percentage of branded properties as part of the total hotel stock is significantly lower than that in the US, but there are positives to be taken from the study for everybody in the independent sector globally.
George Sell, editor, Boutique Hotel News
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| Interview: Enrique Mandl, GM, Nobu Hotel Ibiza Bay
Enrique Mandl talks to BHN about opening a property he describes as a game changer for Ibiza's hospitality sector.
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| Q and A: Kevork Deldelian, COO, Millennium and Copthorne Hotels
Kevork Deldelian talks about the launch of the Agarwood eco-lifestyle hotel brand.
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November, 12-13 2017
Dubai, UAE |
| | April 2018
New York City
Date tbc
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| | | | EDITORIAL
George Sell. Editor,
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ONLINE SALES, CONFERENCE
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| | International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for niche growth sectors of the hospitality industry. The company publishes two industry-leading b2b websites - BoutiqueHotelNews.com and ServicedApartmentNews.com, which keep their respective sectors up to speed with news, comment and opinion.
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