Hotels
Anchorage process pressure urges metropolis to make use of Golden Lion Resort and Dempsey Anderson Ice Enviornment for emergency homeless shelters
The previous Golden Lion resort, now owned by the Municipality of Anchorage, is seen on Wednesday, April 27, 2022. (Loren Holmes / ADN) The neighborhood process pressure known as upon by the Anchorage Meeting to rapidly draft plans for sheltering a whole lot of homeless residents this winter has urged town to open shelters in two city-owned buildings — the previous Golden Lion Resort in Midtown and the Dempsey Anderson Ice Enviornment in Spenard. Whereas all city-owned services “current some degree of neighborhood affect and/or public protest,” utilizing the resort and ice area would impose the smallest neighborhood burden in…
Hotels
Lodge REITs: Selecting A Winner
martince2 COVID hit Lodge REITs additional exhausting, however this yr has seen a substantial amount of leisure journey inside the US Information from the Transportation Security Administration reveals that journey passengers, as a share of 2019 ranges, reached basically 100% in July of this yr, after diving to close zero in April 2020. Hoya Capital Earnings Builder Based on Hoya Capital’s analysis, resort occupancy is again to 96% of the 2019 fee, whereas ADR (common every day room fee) is up 11% and RevPAR (income per out there room) is up 7%. Nonetheless, when inflation is taken into consideration, ADR…
Hotels
$500,000 in Grants Funds to Help Black-Owned Eating places
On August 22, 2022, the US Black Chambers, Inc. (USBC), in partnership with Grubhub and the USBC Group Financial Growth Company, introduced the launch of their new restaurant grant program. The USBC restaurant grant program helps eating places obtain funding to handle enterprise alternatives and present challenges. The fund, made attainable by the Grubhub Group Fund, will assist over $500,000 in grants to Black-owned eating places and culinary-based companies in choose cities like New York, Philadelphia, Baltimore, Chicago and extra. Concerning the grant The USBC Restaurant Grant Program helps Black-owned eating places obtain funding to dimension up enterprise alternatives and…
Hotels
Wolfgramm Capital Acquires Waldorf Astoria Park Metropolis
Revealed: Sept. 6, 2022 at 5:00 AM CDT|Up to date: 3 hours in the past PARK CITY, Utah, Sept. 6, 2022 /PRNewswire/ — Wolfgramm Capital has acquired the Waldorf Astoria Park Metropolis resort in Park Metropolis, Utahbased on Co-Founder and CEO of Wolfgramm Capital, Phil Wolfgram. The property was acquired off-market and as a part of an all-cash deal. Wolfgramm Capital impressively provides the luxurious resort to its portfolio inside its first 12 months of enterprise. The luxurious resort continues to be managed by Hilton. Waldorf Astoria at Park Metropolis – Aerial View(PRNewswire) Waldorf Astoria Park Metropolis is a part…
Hotels
NAV CENTER Turns into the DEV “Resort and Convention Heart”
Article content material CORNWALL, Ontario — Devcore, one of many Nationwide Capital’s main actual property builders is increasing its portfolio with the acquisition of the NAV CENTER, a 630,000 sq. foot multi-purpose resort, coaching and convention facility sitting on 75 acres overlooking the St. Lawrence River in Cornwall, Ontario. The ability will likely be rebranded as the DEV “Resort and Convention Heart”. “The DEV is Japanese Ontario’s largest multi-purpose convention heart providing distinctive facilities and lodging in an enviable central location,” stated Jean-Pierre Poulin, President of Devcore. “We’re dedicated to working with native companions such because the Metropolis of Cornwall…
Hotels
How restaurant AI can work for your business
When you think of restaurant AI, you might imagine a kitchen run by sophisticated robots. While automated chefs may be possible in the future, current restaurant technology solutions are focused on driving efficiency and improving the customer experience. Restaurants are using AI technology to streamline every aspect of operations, including ordering, delivery, back-of-house workflows and supply-chain management. The best part? AI is readily available — in fact, you can start implementing it in your restaurant today. How AI is being used in restaurants today AI is everywhere in the restaurant industry; in many cases, companies are building machine learning into…
Hotels
Ouch, Siesta Key ranks among the worst hotel service in the nation, study shows
Does a room with a paradisal view make up for poor hotel service? apparently not. Despite being recognized for having one of the best beaches in the country and in the world by Tripadvisor, Siesta Key was ranked the 4th worst city for hotel service out of 20 cities, according to a study from Planetware. The study analyzed nearly 8 million hotel reviews from more than 9,000 hotels across 95 US cities to determine those with the worst hotel reviews, worst hotel service, and the common complaints made. Based on their methodology, they took the millions of hotel reviews and…