CheapOair Data Shows Value Tops Destination in Consumer Labor Day Travel Queries

CheapOair | August 26, 2020

The travel industry may be changing but as the world adjusts to living safely during a pandemic, people are once again gaining the confidence to travel. CheapOair, the flight focused agency, dug into their consumer habits data and have identified Labor Day travel trends that imply an upswing in the industry overall. According to CheapOair data, there has been a 250% increase in customers searching for travel options ahead of Labor Day Weekend and that number is escalating as the popular holiday weekend approaches.

Spotlight

About ten years ago, Continental Airlines was faltering and ranked among the lowest of the major US airlines. The problems the airline faced were not unique. But, siloed, unstructured data and incomplete information made determining the root cause analysis a difficult task. Continental Airlines needed a more comprehensive view of the business in order to reduce operating expenses, increase commercial insights and improve time-to-market. Here, too, legacy systems were hampering the growth and profitability story.

Spotlight

About ten years ago, Continental Airlines was faltering and ranked among the lowest of the major US airlines. The problems the airline faced were not unique. But, siloed, unstructured data and incomplete information made determining the root cause analysis a difficult task. Continental Airlines needed a more comprehensive view of the business in order to reduce operating expenses, increase commercial insights and improve time-to-market. Here, too, legacy systems were hampering the growth and profitability story.

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HOSPITALITY TRENDS

Davidson Hospitality Group Expands Resort Portfolio With Addition Of Lake Tahoe Resort Hotel

Davidson Hospitality Group | November 10, 2021

Davidson Hospitality Group announces the signing of Lake Tahoe Resort Hotel in South Lake Tahoe, Calif. to be operated under the company's Davidson Resorts operating vertical. A year-round playground in the West Coast's premier ski destination, the 399-suite landmark resort is situated at the base of Heavenly Mountain Resort in the Sierra Nevada, steps from the Heavenly Gondola and within moments of hiking, biking, lake activities, golf and world-class entertainment. Lake Tahoe Resort Hotel is the third ski destination property to join the leading hospitality management company's Davidson Resorts portfolio, which is comprised of large-scale, highly activated hotels and resorts with multiple food & beverage outlets, retail, and leisure activities. Lake Tahoe Resort Hotel offers three food & beverage experiences: Echo restaurant centered on seasonal American fare for lunch and dinner; My Tahoe Café with an assortment of specialty coffees, pastries and light meals; and daily breakfast served in the Garden Atrium. The resort's amenities also include a heated indoor swimming pool and whirlpool, a fully-equipped fitness center, more than 8,000 square feet of indoor function space, and a seasonal ski valet. "The pandemic has changed the way people travel, and destinations like Lake Tahoe have exactly what travelers are looking for, from fresh air and a connection to nature to fun activities for the entire family,We see true opportunity to create value here. With the power of Davidson—our exceptionally talented team, deep corporate resources, experience managing complex revenue streams and success in activating experiential programming—we look forward to maximizing the full potential of Lake Tahoe Resort Hotel." -Davidson Hospitality Group's President, Thom Geshay. AboutLake Tahoe Resort Hotel Renowned for its scenic beauty, Lake Tahoe is a premier resort market with remarkable natural terrain for outdoor recreation including water and mountain activities in spring, summer, and fall as well as snow sports during the winter season in one of North America's largest ski areas.For more information on Lake Tahoe Resort Hotel, visit www.tahoeresorthotel.com. About Davidson Hospitality Group Davidson Hospitality Group is an award-winning, full-service hospitality management company comprised of 67 existing hotels and resorts; more than 165 restaurants, bars and lounges; and nearly 1.5 million square feet of meeting space across the United States. A trusted partner and preferred operator for Hilton, Hyatt, Kimpton, Marriott, and Margaritaville, Davidson offers a unique entrepreneurial management style and owners' mentality that provides the individualized personal service of a small company, enhanced by the breadth and depth of skill and experience of a larger company. In keeping with the company's heritage of delivering value, Davidson Hospitality Group is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group. For more information, visit www.davidsonhospitality.com. Follow us on Instagram: @davidsonhospitality and Twitter: @DavidsonHospGrp. Like us on Facebook: @DavidsonHospitalityGroup. Connect with us on LinkedIn: @DavidsonHospitalityGroup. #DavidsonHospitality

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HOSPITALITY TRENDS

A luxury Collection Hotel DiamondRock Hospitality Debuts Hotel Clio in Denver Cherry Creek

diamondrock hospitality | March 17, 2022

DiamondRock Hospitality Company has opened Hotel Clio, a luxury Collection Hotel in Cherry Creek, Denver. DiamonRock's third Luxury Collection hotel is Hotel Clio. As a result, DiamondRock now owns the most Luxury Collection properties in North America. Wilson Ishihara Design, an award-winning studio, was responsible for the design. "Hotel Clio is now the most luxurious hotel in the affluent Cherry Creek community and this repositioning further enhances the strong return on our investment." -Mark W. Brugger, President and Chief Executive Officer of DiamondRock Hospitality Company DiamondRock acquired the hotel, formerly branded a J.W. Marriott, in 2011 for $74 million ($372,000 per key). The $3.6 million of incremental capital to reposition the property into a luxury hotel is expected to generate over a 70% internal rate of return for DiamondRock shareholders. Hotel Clio is projected to generate a stabilized 10.5% yield on our total investment. Importantly, the repositioning is another step forward in DiamondRock's strategic initiative to assemble an exceptional collection of urban lifestyle hotels and experiential resorts.

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DESTINATION AND TOURISM

Nobu Hospitality to Launch a Hotel and Restaurant on the Stunning Island of Santorini, Greece

Nobu Hospitality | January 19, 2022

Nobu Hospitality, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro, and Meir Teper, is delighted to announce its first hotel and restaurant in Greece – the Nobu Hotel and Restaurant Santorini, scheduled to open in spring 2022.Situated on the island's captivating northeast coast, the boutique hotel houses a signature Nobu Restaurant, full-service spa, fitness facility, dual-level infinity pool, and five luxurious pool villas, and offers panoramic views of both the Caldera and Aegean Sea from its unique clifftop location in Imerovigli. Just a 10-minute drive to the charming coastal town of Oia and 20 minutes from Santorini (Thira) International Airport, the hotel is well-positioned along the famed Oia-Fira hiking trail that runs between Oia and Fira, Santorini's cosmopolitan capital. Nobu Hospitality has entered a long-term management agreement with MonteRock International (MRI), a group with over 25 years of experience in a variety of core industries including hospitality, media, food & beverage, real estate, banking, and industrial technology. "We are very excited to be coming to Santorini and to work with the local community on this exciting project. Santorini is one of the most highly regarded destinations in the world with its rare beauty, famed for its distinctive cuisine, whitewashed architecture set with a backdrop of steep cliffs, and dramatic sunsets lighting the sea and sky. We look forward to inviting locals and international travellers alike to experience the Nobu lifestyle in this special destination." -Trevor Horwell, Chief Executive Officer Nobu Hospitality Alfredo Longo, Chief Executive Officer MonteRock International comments, We are really proud of the rock-solid collaboration we are having with Nobu brand throughout the years, and we are now more than delighted to expand together in the hospitality industry. In this incredible 'canvas' such as the Island of Santorini, the finest of what Nobu lifestyle and cuisine have to offer would be served in a 'picture-perfect setting,' catering to every need at the highest standards. Adding to Nobu Hospitality's European portfolio, the launch of Nobu Hotel and Restaurant Santorini marks the 26th hotel around the world and tenth hotel in the European continent, with properties in Rome, San Sebastián, and Hamburg also in development.

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