Industry News
Hospitality
Top stories summarized by our editors
10/25/2021

A 55-story, $500 million hotel-residential-medical center tower under construction in Miami is being touted as the world's first pandemic-adapted skyscraper. The Legacy Tower at Miami Worldcenter will feature disinfection robots and voice-activated elevators along with an array of health care components such as surgery rooms and a pharmacy.

10/25/2021

The Canadian government will provide wage and rent subsidies of up to 75% to hotels, travel agencies, tour operators and restaurants under a pandemic recovery program announced last week. Eligibility requires monthly revenue losses of 40% over 12 months of the pandemic as well as the current month.

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CBC News (Canada)
10/25/2021

Legoland Resort is slated to open in China's Sichuan Province in October 2023. Merlin Entertainments is investing $861.3 million to build the new theme park and plans to open more resorts in Shanghai and other cities.

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Global Times (China)
10/22/2021

Sold-out hotels and increased rates signal new life for Las Vegas' tourism-dependent economy. The latest shot in the arm comes courtesy of a Raiders football game, the Electric Daisy Carnival and other events, resulting in a $509-a-night tab for one hotel this weekend.

10/22/2021

US hotel occupancy reached its highest pandemic era point in late August at 65%, down 10% from 2019, STR reports. Of the top 25 markets, Tampa, Fla., came closest to the pre-pandemic mark, down 3% at 66.8%.

10/22/2021

The Chickasaw Nation is planning to build a resort-style development called Okana Resort & Indoor Waterpark next to the First Americans Museum in Oklahoma City. Due to open in spring 2024, the $300 million project will include an 11-story, 404-room hotel, a 100,000-square-foot indoor water park, a 5-acre outdoor adventure lagoon and a 33,000-square-foot family entertainment center.

10/22/2021

Resurgent business, international and group bookings are raising overall hotel revenues to near-2019 levels, IHG Hotels & Resorts CEO Keith Barr says. A strong summer for leisure travel carried the bulk of the load, but concerns persist about the Delta variant, COVID-19 test requirements and remote work alternatives, he notes.

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Reuters
10/22/2021

St. Regis Hotels & Resorts projects 60% growth over the next five years, including 11 new resorts in popular locations across the world. The company has 29 additions planned for its 49-property portfolio, with sites in North America, the Caribbean, North Africa, the Middle East and the Asia Pacific.

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TravelPulse
More Summaries:
St. Regis Hotels & Resorts
10/22/2021

Rail transit would be a partial beneficiary of a 3% tax on Oahu hotels approved by a Honolulu City Council committee. The state legislature this year ended allocations of the state bed tax to cities, costing Oahu about $45 million, but allowed them to impose their own levies.

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Hawaii Public Radio
10/21/2021

Pre-pandemic amenities such as free hot breakfast and happy hour treats that hotel guests used to take for granted are still sorely missed after more than a year, and complaints resound that some properties wrongly claim or imply that the perks are back. "We are now past the point where the pandemic is a temporary excuse," travel company consultant Jay Sorensen says.