SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar 2, 2025 – Destinations and companies place accessibility at the forefront of tourism planning and product development. This collaborative effort, spearheaded by UN Tourism and the European Accessibility Resource Centre (AccessibleEU), aims to revolutionize the tourism industry by making it inclusive for millions of people.
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar 2, 2025 UN Tourism has solidified its partnership with the Republic of Bulgaria through an official visit, including key meetings with political leaders and the appointment of football legend and philanthropist Hristo Stoichkov as its newest Ambassador.
Official Visit and High-Level Meetings
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 – Fairmont Hotels & Resorts has officially expanded its global footprint with the grand opening of Fairmont La Hacienda Costa del Sol, a luxurious resort poised to redefine hospitality in the heart of Spain’s picturesque southern coast. Developed in collaboration with Millenium Hospitality Real Estate and Odyssey Hotel Group, this new property promises an unparalleled experience for discerning travelers.
Prime Location and Luxurious Accommodations
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 - In a significant move within the luxury hospitality sector, Kempinski Hotels has announced its exclusive management of the Nymphenburg Palace Royal Residence in Munich, effective March 1, 2025. This prestigious agreement, forged with HRH Prince Luitpold von Bayern and the Royal Family of Bavaria, marks a new chapter for the historic private residence.
A Royal Partnership for Ultra-Luxury Experiences
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 - Simon Says: Corinthia Hotels is a challenger brand. Its CEO is looking to put an end to that. David Eisen reports that Simon Casson, the newly appointed CEO of Corinthia Hotels, is determined to elevate the brand beyond its "challenger" label and establish it as a dominant force in the luxury hospitality sector.
From Pot Washer to CEO: A Remarkable Journey
Simon Casson’s journey is far from conventional. Without formal higher education, he began his career at 16, washing dishes. “They gave me a room above,” he recalled. This humble beginning paved the way for a remarkable ascent. “Were I to write it, it would have been called ‘Pot Washer to President,’” he said, humorously acknowledging his current CEO role. His story underscores his dedication and talent, which have propelled him to the helm of a prestigious hotel brand.
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 – The U.S. hotel industry experienced varied performance in the week ending February 22, according to the latest data from CoStar. This period revealed a mix of gains and losses across key metrics, indicating a dynamic landscape for hospitality businesses.
Top 25 Market Analysis
A closer look at the top 25 markets reveals significant variations in performance. Notably, Los Angeles emerged as a strong performer, demonstrating substantial growth in both occupancy and RevPAR.
This surge in Los Angeles indicates robust demand and effective pricing strategies in this key market. "The strong performance in Los Angeles is a positive sign, reflecting the city's appeal and the industry's resilience," a market analyst stated.
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 – Kabani Hotel Group, a prominent hospitality brokerage firm, has successfully facilitated the sale of the Holiday Inn Express & Suites Florida City for $13.2 million. This transaction, involving the 105-room property, underscores the continued strength of the Florida hospitality market despite economic challenges.
Key Transaction Details
The sale of the Holiday Inn Express & Suites Florida City was completed at a price per key of $125,714, with a room revenue multiple (RRM) of 6.33x. Notably, the property was negatively cash flowing at the time of acquisition, highlighting the strategic vision of the new owners.
Strategic Marketing and Targeted Outreach
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar 2, 2025 – HEI Hotels & Resorts has announced the addition of the renowned Tapatio Springs Hill Country Resort in Boerne, TX, to its growing portfolio of luxury, upper-upscale, and upscale independent and branded hotels and resorts across the United States.
Strategic Portfolio Expansion
This strategic move further solidifies HEI Hotels & Resorts' position as a leading management company in the hospitality industry. The addition of Tapatio Springs Hill Country Resort, owned by L+R Hotels, marks a significant milestone in their ongoing expansion efforts. Established in 1981, Tapatio Springs holds the distinction of being the first golf resort and conference destination in the state of Texas, making it a landmark property with a rich history.
Property Details and Amenities
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 – American Hotel & Lodging Association (AHLA) President/CEO Rosanna Maietta recently testified before the U.S. House of Representatives Committee on Education and Workforce, emphasizing the hospitality industry’s economic contributions, workforce recovery and regulatory challenges.
Economic Contributions and Job Creation
SHERIDAN, WYOMING – March 2, 2025 – SHERIDAN, WYOMING – Mar. 2, 2025 – Safety and a welcoming atmosphere continue to dominate the priority list for Black travelers, with 79% citing these factors as highly influential in their travel decisions, according to new research by MMGY Travel Intelligence. The research unveiled insights into the travel motivations, planning behaviors and spending patterns of U.S. Black travelers, highlighting notable shifts in preferences for 2025.
Presented in partnership with the Black Travel Alliance (BTA) and the National Coalition of Black Meeting Professionals (NCBMP), the comprehensive study shares findings from three data sources: a national survey of 2,000 Black leisure travelers, intelligence from DK Shifflet’s Travel Performance/Monitor and an online survey of 200 members of the NCBMP.
Key Insights from MMGY Travel Intelligence