Tag: vacations
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Corporate Travel & Events Surge, Boosting Hotel Revenues
Group travel revenue per room rose 6.8% in the first eight months of 2024, outpacing inflation and driving lodging growth. Corporate retreats and group travel are experiencing a resurgence, significantly boosting hotel revenues as other travel segments slow. Financial and technology companies are leading this rebound, ensuring a robust demand for corporate events, booked years…
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Disneyland Forward Expansion: A Glimpse into the Future of Anaheim’s Iconic Resort
Anaheim, CA — Disney enthusiasts, hold onto your Mickey ears! The $1.9 billion Disneyland Forward project is set to transform the beloved Disneyland Resort into an even more magical destination. While Disney officials have been tight-lipped about specifics, tantalizing hints and artist renderings provide a sneak peek into what awaits visitors. New Lands and Exciting…
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Last week, a foreclosure notice was filed for one of the most high-profile hotels in Washington, D.C.: The Waldorf Astoria, formerly known as the Trump International Hotel.
Distressed But ‘Stressed’: Investors See Hotel Buying Opportunities Coming Last week, a foreclosure notice was filed for one of the most high-profile hotels in Washington, D.C.: The Waldorf Astoria, formerly known as the Trump International Hotel. The property’s leaseholder, CGI Merchant Group, defaulted on its $285 million loan in February, and a foreclosure auction is…
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The Top Travel and Hospitality Trends to Look out for in 2023
If you were hoping for certainty in 2023 after years of turbulence across the travel and hospitality industry, then you’re probably going to be disappointed. Recessionary risks, continuing inflation, concerned consumers, changing tastes, the lingering effects of COVID-19 and complex geopolitics all cloud the outlook. However, we’re here to pierce the mists of the future…
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The top 10 most anticipated hotel openings of 2023
Today, I share with you the hottest luxury hotels & resorts that are expected to open their doors in 2023. It promises to be an exciting year as some of these new hotels. The most anticipated hotel opening of 2023 is not on this list though as it’s so secret that only few details are…
Daniel Kaufman Real Estate 