Hotels
NAV CENTER Turns into the DEV “Resort and Convention Heart”

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NAV CENTER Turns into the DEV “Resort and Convention Heart”

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 and surrounding counties together with collaborating intently with Akwesasne and First Nations to make sure that the Heart operates as a key stakeholder and to draw alternatives to Cornwall which profit all.”

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NAV CANADA will proceed operations on the location as a tenant, as will the Canadian Forces College of Aerospace Management Operations (CFSACO).

“We’re excited and glad in regards to the future for Cornwall,” stated Mr. Poulin. “We now have been lively buyers since 2020 and noticed large progress alternatives right here. The DEV venture will enable us to develop an modern and sustainable world class combined use neighborhood, whereas leveraging 1VALET’s Good Constructing Platform to attach all residents to a central suite of facilities.”

The convention heart will likely be managed by Atlific Motels, one in all Canada’s largest privately held administration corporations, with over 40 accommodations from coast to coast. Atlific will handle and oversee all points of day-to-day operations, together with convention and occasion amenities and restaurant operations; and collaborated to ship top-tier efficiency.

“For properly over a decade, the ability has developed to draw new and various enterprise segments to Cornwall from throughout Canada and the globe together with being a most well-liked location for company conferences, sporting and particular conferences and occasions, authorities coaching applications and well-known to help enterprise continuity throughout disaster and evacuations for individuals in want,” stated Kim Coe-Turner, Vice-President of Enterprise Growth and Authorities Relations with the Devcore Group.

About Devcore Group
B
ased in Gatineau Quebec, Devcore Group is a pacesetter within the Capital area and a real-estate group main the best way in land growth, development and property administration. Devcore additionally owns and manages 500 million in property in japanese Canada with shut to three,000 models East of Ottawa. Devcore has been an lively investor in Cornwall since of 2020.

About Atlific Motels
Atlific Motels is likely one of the main resort administration corporations in Canada working over 40 accommodations with workplaces in Montreal, Toronto, Calgary and Vancouver. Atlific Motels has over 60 years of expertise managing well-known Canadian accommodations, resorts, and prolonged keep properties.

The corporate has constructed a status for providing complete accounting reporting, data expertise options and help, strategic revenue-generating gross sales and advertising and marketing plans, and award-winning income administration applications. Atlific Motels’ father or mother firm, Ocean Properties Ltd., owns and operates over 100 accommodations all through the US. Collectively they make up the fifth largest privately-owned resort administration firm in North America, working unbiased accommodations and resorts in addition to internationally acknowledged resort manufacturers similar to Marriott, IHG and Hilton. For extra data, please go to www.atlifichotels.com.

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About 1VALET
1VALET is a brilliant constructing working system that gives multi-family builders and asset managers with the instruments to make their buildings extra environment friendly and worthwhile.

By centralizing constructing techniques into one web-based platform and empowering tenants with a Resident App, 1VALET helps streamline operations, improve NOI, and create safer, smarter communities.

Concerning the DEV “Resort and Convention Heart”
See: www.devhotelandconferencecentre.com

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20220706005814/en/

NAV CENTER Turns into the DEV “Resort and Convention Heart”

Contacts

Kim Coe-Turner
VP Enterprise Growth & Authorities Relations
Devcore Group
[email protected]

#distro

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 formed a percentage of all analyzed hotel reviews in a given city that were 1-star or 2-star reviews. Rankings for worst hotel service were based on the frequency of keywords mentioned in bad reviews.

What other Florida cities made the list for worst hotel service?

Five Florida cities made the top 20 list for worst hotel service:

  • Miami Beach – 1

  • Key West – 10

  • Panama City Beach – 12

  • Fort Lauderdale – 15

  • Daytona Beach – 19

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What city had the worst hotel reviews?

Topping the list for the most one and two-star reviews at 20% is Myrtle Beach, South Carolina.

In case you missed it: North Port Little League memorializes a 6-year-old boy who died after a dog bite

What other cities made the list of worst reviews?

The top 15 cities with the worst reviews are:

  • Myrtle Beach, South Carolina

  • Atlantic City, New Jersey

  • Virginia Beach, Virginia

  • San Jose, California

  • South Padre Island, Texas

  • Memphis, Tennessee

  • Tampa, Florida

  • San Antonio, Texas

  • KansasCity, Missouri

  • Columbus, Ohio

  • Indianapolis, Indiana

  • Lexington, Kentucky

  • Phoenix, Arizona

  • Nashville, Tennessee

  • Galveston, Texas

What are the most common bad reviews left for hotels?

Nationally the most common bad reviews left for hotels:

How do I make sure I’m booking a good hotel?

As for cleanliness after you book, nonprofit founder Christopher Elliott offered tips for USA Today in 2021 on how to tell if your room is actually clean, such as:

Read online reviews. User-generated online reviews are a great source of cleanliness ratings. He recommends a zero-tolerance policy at a time like this, adding if he sees just one review that suggests the hotel isn’t taking sanitation seriously, he usually books elsewhere.

Pay attention to high-touch surfaces. At a hotel, that would be the doorknobs and TV remotes. Often, they aren’t cleaned between guests, says Roman Peysakhovich, CEO of Onedesk, a commercial cleaning company. “This carries serious risks in terms of passing germs.” His advice: Clean them yourself as a precaution.

Look for real evidence of cleaning. Some hotels place seals on the door, and others shrink-wrap your TV remote in plastic. He wrote that the two most proven methods were looking for dirt and dust and giving the room a sniff test. If you smell a faint odor of cleaner and don’t see any dirt, that’s usually a good sign.

Contributing: Samantha Neely, Fort Myers News-Press

This article originally appeared on Sarasota Herald-Tribune: Siesta Key ranks among the worst hotel service in the nation, study shows

Hotels
FY2024 EPS Estimates for Host Hotels & Resorts, Inc. Raised by Analyst (NASDAQ:HST)

Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Rating) – Zacks Research increased their FY2024 earnings estimates for shares of Host Hotels & Resorts in a note issued to investors on Thursday, June 22nd. Zacks Research analyst N. Dass now anticipates that the company will post earnings per share of $1.87 for the year, up from their previous estimate of $1.86. The consensus estimate for Host Hotels & Resorts’ current full-year earnings is $1.91 per share.

HST has been the subject of several other research reports. Morgan Stanley upped their price objective on shares of Host Hotels & Resorts from $18.00 to $19.00 in a research report on Friday, May 12th. StockNews.com started coverage on Host Hotels & Resorts in a report on Thursday, May 18th. They issued a “hold” rating for the company. Citigroup lowered their price objective on Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, March 3rd. Wells Fargo & Company cut their price target on shares of Host Hotels & Resorts from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, March 30th. Finally, Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Friday, May 5th. Three equity research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $20.86.

Host Hotels & Resorts Trading Down 1.6 %

Want More Great Investment Ideas?

HST stock opened at $16.24 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 5.44 and a quick ratio of 5.44. The company has a fifty day moving average price of $17.10 and a two-hundred day moving average price of $16.46. Host Hotels & Resorts has a one year low of $14.51 and a one year high of $19.76. The stock has a market cap of $11.55 billion, a price-to-earnings ratio of 14.50 and a beta of 1.29.

Hedge Funds Weigh In On Host Hotels & Resorts

Several hedge funds have recently modified their holdings of the stock. Ronald Blue Trust Inc. increased its position in Host Hotels & Resorts by 96.7% during the fourth quarter. Ronald Blue Trust Inc. now owns 1,617 shares of the company’s stock valued at $25,000 after acquiring an additional 795 shares during the last quarter. Allworth Financial LP lifted its stake in Host Hotels & Resorts by 82.3% in the first quarter. Allworth Financial LP now owns 1,506 shares of the company’s stock worth $25,000 after acquiring an additional 680 shares during the period. GPS Wealth Strategies Group LLC purchased a new stake in Host Hotels & Resorts in the first quarter worth about $26,000. Brown Brothers Harriman & Co. lifted its stake in Host Hotels & Resorts by 1,921.5% in the first quarter. Brown Brothers Harriman & Co. now owns 1,314 shares of the company’s stock worth $26,000 after acquiring an additional 1,249 shares during the period. Finally, Belpointe Asset Management LLC lifted its stake in Host Hotels & Resorts by 66.2% in the first quarter. Belpointe Asset Management LLC now owns 1,871 shares of the company’s stock worth $31,000 after acquiring an additional 745 shares during the period. Hedge funds and other institutional investors own 97.92% of the company’s stock.

Insider Transactions at Host Hotels & Resorts

In related news, Director Walter C. Rakowich sold 3,688 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $17.47, for a total transaction of $64,429.36. Following the completion of the sale, the director now directly owns 58,616 shares in the company, valued at $1,024,021.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible via this link. Company insiders own 1.20% of the company’s stock.

Host Hotels & Resorts Increases Dividends

The business also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Stockholders of record on Friday, June 30th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 29th. This is a positive change from Host Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.69%. Host Hotels & Resorts’s payout ratio is currently 53.57%.

About Host Hotels & Resorts

(Get Rating)

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 41,900 rooms.

Further Reading

Earnings History and Estimates for Host Hotels & Resorts (NASDAQ:HST)

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Hotels
Boost deliveries and test new menu concepts with virtual restaurants

The pandemic changed the way customers order from restaurants. Offering delivery and pickup has become essential for restaurants to stay competitive, shifting the way we understand restaurant growth. This change has also led to the rise of a new type of restaurant: virtual restaurants.

Virtual restaurants have become one of the biggest growth opportunities in the industry. The virtual restaurant market is estimated to reach $1 trillion by 2030, proving this type of business to be a reliable avenue for growth. Virtual restaurants can launch in about a quarter of the time of a physical restaurant, saving you time and money.

Read on to learn what virtual restaurants are, then be sure to download the checklist to understand exactly how you can experiment with a new brand of cuisine while growing your delivery sales.

Demystifying The Virtual Restaurant

Also known as virtual kitchens, ghost kitchens or delivery-only restaurants, the virtual restaurant concept is actually quite simple.

They are delivery-only operations that accept orders solely online—through apps and websites like Grubhub. With no need for a brick and mortar location, the restaurant only exists online.

Restaurateurs can launch a virtual restaurant to experiment with a new menu concept, brand a subset of existing menu items or capture unique customer demands for particular food in the market. In this way, restaurants can open up a whole new “restaurant” without any additional expenditure on staff or rent.

Since all orders are placed digitally and delivered, customers don’t know (or care) that the restaurant is “virtual.” They may even be excited to try new concepts if they are put out by their favorite local restaurant. Their only concern is that the food tastes great, is easy to order and is delivered to their door.

Paving The Way To Your Own Virtual Restaurant

So what goes into creating a stellar virtual dining experience? Take a look at these steps you can follow to launch your own virtual restaurant.

Download the Virtual Restaurant checklist

Step 1: Choose Your Cuisine

Your menu can expand your existing offerings or be based on a subset of items from your current menu. You can even test out an entirely different concept—one that may even be completely different from your physical restaurant. With the data provided by Grubhub, you can even pinpoint what type of food customers are searching for, but not finding, within your delivery boundaries, and create a menu that fills that gap.

Once you’ve decided on what type of cuisine you want to serve, the next step is to engineer your menu. Explore how competitors price and market their cuisine, look into local diners’ ordering habits and decide how you want to source ingredients. You’ll need to compile data to calculate food costs, identify contribution margins and determine what menu items are likely to sell. After you’ve evaluated this data, the final step is to create menu prices. These prices don’t need to be set in stone – you should evaluate your business during the first few months of operations to optimize your menu.

Step 2: Create Your Brand

Now that you know what you want to sell, you need to brand your restaurant to build customer recognition. Your brand should reflect your virtual restaurant’s cuisine type and niche. Spend time deciding on brand assets like a name, logo, theme and photos – these things will be the first things diners see when they order from your restaurant.

Use your branding to convey your restaurant’s identity and distinguish it from competitors. Make sure you have a good understanding of your target customers before you finalize branding to ensure that your restaurant’s theme will resonate with them.

Step 3: Develop a delivery strategy

Virtual restaurants cannot function without delivery. Your virtual restaurant’s delivery fleet should be professional, timely and efficient. Because your restaurant doesn’t have a physical storefront, your drivers are the ones who will interact with customers. Ensuring you have the best drivers can make sure your brand is represented well.

Grubhub delivery can help take work off your plate by handling out-of-house services for your virtual brand. Grubhub delivery allows restaurants to expand their delivery boundaries and reach customers in a timely manner, giving diners real-time updates on their progress. Our fleet of over 300,000 drivers are experienced and professional, equipped with the right tools to make sure your cuisine reaches your customers.

Step 4: Launch Your Virtual Restaurant

So you think you’re ready to launch your virtual restaurant? Before you start cooking, make sure you have enough inventory to support your virtual restaurant staff. Your staff should be trained on how the virtual kitchen will operate, and you should have a plan on how your virtual restaurant will work in tandem with your brick and mortar location if applicable.

Launching your virtual restaurant is as simple as publishing your menu online. You can add an online ordering link to your restaurant’s website to start. Want to get your restaurant in front of eager diners instantly? You can list your virtual restaurant on a third-party delivery platform like Grubhub to get access to 33+ million customers. Listing your restaurant on Grubhub Marketplace makes it easy for customers to place an order right from any device via an app or online platform.

Grubhub partners also get access to Direct, a commission-free online ordering platform that is completely free to use. With Direct, you can list your virtual restaurant’s menu online and easily manage restaurant info from your existing Grubhub account. Direct can also integrate into your existing website, giving customers an easy way to place an order. And the cherry on top is that Direct collects customer data that you can download for free and use to better target your marketing efforts. Learn more about how Direct can help your virtual restaurant grow.

Step 5: Market your virtual brand

A virtual restaurant isn’t subject to the same street recognition as brick and mortar restaurants. Restaurants that don’t have a physical dining room need to put in extra effort to make their presence known. Simply creating a website isn’t enough to generate a customer base. You need to market your new brand to potential customers to make them aware of your offerings.

Your marketing strategy should be holistic – covering web, email, social media and good old fashioned word of mouth. Your restaurant’s website should contain all the necessary info about your brand, featuring the menu, hours, delivery method and how to order. Modern diners use social media to explore new cuisines. Create social media pages for your restaurant on popular platforms like Instagram, Facebook and TikTok to share your creations. Once you start getting customers, collect their emails so you can send them announcements, deals and promotions to prompt them to place an order.

Just because your restaurant doesn’t have a physical location that customers can visit doesn’t mean you can’t connect with your local community. Old fashioned forms of marketing like fliers, signs and press announcements are a great way to make your presence known to your neighborhood. You can even partner with local businesses to cater an event to grow awareness of your brand.

Finally, encourage your customers to leave reviews about your restaurant on your website, Google Business page or on Grubhub. Reviews are a great way to legitimize your restaurant, especially when you’re just starting out. Plus, positive reviews can serve as free marketing for your restaurant.

Making A Virtual Restaurant Work For You

There are many exciting advantages to opening a virtual restaurant in addition to your physical restaurant.

  • Obtain High Rewards For Low Investment. Virtual restaurants are efficient and save money because they grow your business without increasing overhead costs.
  • Grow Delivery Sales. You can open up new channels of revenue using the same amount of staff, space and resources by operating one, or multiple, virtual restaurants out of one physical kitchen.
  • Reach New Customers. By branching out with a new concept, you can reach an entirely different customer base.
  • Innovate and Lead. With little risk, you are free to experiment and test out what works to create successful concepts and satisfy needs in your particular market. Also, being able to change your menu on the fly without updating printed menus or signage allows you to be flexible and creative.
  • Increase Digital Presence. By living online, your brand will get valuable exposure through the Grubhub website and mobile app.

Whether you want to increase delivery sales or experiment with a new restaurant concept, a virtual restaurant can help you reach your goals with low risk and high rewards. Learn more about opening a virtual restaurant. Ready to reach new customers and grow your business with Grubhub? Signup today!

Download the Virtual Restaurants guide
Hotels Food
Harnessing Hotel Technology for Post-COVID Success
Maximizing Profitability in Hospitality: Harnessing Technology for Success

In this video, Suchada Taechotirote, CEO and Founder at FavStay, emphasizes the criticality of embracing technological changes for profitability in the hospitality industry.

She highlights the need to expand the client base and establish partnerships by leveraging platforms and technology. By adopting the right technology, hotels can effectively reach more partners and increase sales without relying heavily on human resources. Suchada emphasizes the importance of finding platforms and technologies that facilitate seamless communication, efficient operations, and maximum revenue generation.

These insights shed light on the significant role technology plays in driving success in the hospitality sector.

Watch the video here:

Read the complete transcript here:

Because we need to reach more clients or the platform or the partner, so that’s why we should be looking for a platform or the technology that can help the hotel to reach more partners or how to sell more by not needing to hire a lot of manpower .

Meet the Speakers

Suchada Taechotirote — CEO & Founder (FavStay)

Suchada Taechotirote
CEOs & Founders
FavStay

Hotels
This New Hotel on Long Island’s North Fork Has 200 Feet of Beachfront and a Heated Saltwater Pool

Hotel Moraine, North Fork’s newest boutique hotel, is all about family-friendly relaxation — and stunning ocean views from every room.

<p>Courtesy of Hotel Morraine</p>

Courtesy of Hotel Morraine

North Fork, the 30-mile peninsula parallel to the Hamptons, is a food and wine lover’s paradise (there are more than 60 vineyards in the area). But the region, which is also home to many farms nestled among sunflower fields, craft breweries, and quaint oceanfront hotels, has also been a magnet for travelers seeking a quieter and more laid-back escape than what its more famous neighbors across the bay offer . And North Fork’s newest boutique stay focuses on exactly that — providing guests of all ages with a tranquil setting to relax, recharge, and explore.

Hotel Moraine, located in the historic village of Greenport on the Long Island Sound, is a 20-key property that debuted on June 5.

<p>Courtesy of Hotel Morraine</p>

Courtesy of Hotel Morraine

<p>Courtesy of Hotel Morraine</p>

Courtesy of Hotel Morraine

The two-story hotel, nestled on three beachfront acres of lush greenery and verdant lawns, draws inspiration from the North Fork’s farmhouses. The lobby, with its high ceilings and large glass walls, is reminiscent of a barn and houses the reception area, a shop and a bar serving everything from coffee and pastries in the morning to cocktails with freshly squeezed juice in the evenings. From there, guests can transition to the heated saltwater pool and covered deck with fire pits and unobstructed water views. Salads, lobster rolls, kid-friendly fare, and a curated selection of local wines (the property’s owners are behind Croteaux Vineyards, a nearby rosé farm) are on the poolside menu.

All 20 rooms come with water views, high-end decor touches, like custom rugs and cabinetry, spa bathrooms with soaking tubs or walk-in showers, Anatome toiletries, Bellino bed linens, plush Kassatex robes, and soothing coastal-inspired colors.

<p>Courtesy of Hotel Morraine</p>

Courtesy of Hotel Morraine

<p>Courtesy of Hotel Morraine</p>

Courtesy of Hotel Morraine

Guests who’d like to stay active can head to the hotel’s gym, swim in the ocean (the property has 200 feet from beachfront), or get a stand-up paddleboard and explore the coastline from the water.

Greenport’s main drag is lined with vintage boutiques, antique shops, and family-owned restaurants, all within a short drive from Hotel Moraine. No car? The hotel has an in-house car for local drop-offs and pickups.

<p>Courtesy of Hotel Morraine</p>

Courtesy of Hotel Morraine

Nightly rates at Hotel Moraine start at $350, and you can book your stay at hotelmoraine.com.

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Read the original article on Travel & Leisure.

Hotels Food
The Power of Allyship: Building Bridges of Support and Inclusion

Pride Month is not just a time for the LGBTQ+ community to celebrate their identities, but also an opportunity for allies to educate themselves and advocate for equality. Allyship is a crucial pillar of support, and it plays a significant role in creating a more inclusive society for all. Let us delve into the importance of allyship, emphasizing the transformative power of education in fostering understanding, empathy, and acceptance.

Expanding Perspectives: The Role of Education

Education is the cornerstone of allyship. By seeking knowledge about the LGBTQ+ community, its history, struggles, and accomplishments, allies can develop a deeper understanding of the challenges faced by individuals with diverse sexual orientations and gender identities. Education serves as a catalyst for breaking down stereotypes, dismantling prejudices, and fostering a culture of acceptance.

Challenging Assumptions and Bias

Allyship involves critically examining our own assumptions and biases. It requires recognizing and challenging the societal norms that perpetuate discrimination and marginalization. Through education, allies can confront their own biases and prejudices, allowing for personal growth and transformation. This self-reflection is essential in creating a more empathetic and inclusive environment.

Creating Safe Spaces for Learning

As allies, we have a responsibility to create safe spaces for learning and dialogue. By fostering an environment where questions can be asked, experiences can be shared, and concerns can be addressed, allies can facilitate meaningful conversations. These spaces allow for the exploration of diverse perspectives, leading to increased understanding and empathy.

Using Privilege to Amplify Voices

Allies have the privilege of being heard and respected in various spheres of influence. This privilege can be utilized to amplify the voices of the LGBTQ+ community. By actively sharing stories, experiences, and achievements, allies can help combat erasure and promote greater visibility. This act of amplification contributes to a more accurate and nuanced understanding of the LGBTQ+ community.

Advocacy for Equality

Education empowers allies to become advocates for equality. Armed with knowledge, allies can challenge discriminatory practices, policies, and beliefs. They can engage in meaningful conversations with others, challenging misconceptions and promoting empathy. Allies can use their voices to advocate for equal rights and protections, both on an individual level and within broader societal structures.

Celebrating Diversity

Allyship involves not only acknowledging and accepting differences but celebrating them as well. Education allows allies to appreciate the diversity within the LGBTQ+ community, recognizing the intersections of race, ethnicity, religion, abilities, and more. By embracing this diversity, allies contribute to the creation of a more vibrant and inclusive society.


Pride Month serves as a reminder of the ongoing struggles and achievements of the LGBTQ+ community. As allies, it is our responsibility to educate ourselves, challenge biases, and actively advocate for equality. Through education, we can foster understanding, empathy and acceptance.

Let us use this Pride Month as an opportunity to reflect, learn, and commit ourselves to becoming better allies. Together, we can create a society where all individuals are valued, respected and celebrated for who they are.