Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)

PhocusWire | March 13, 2020

Stocks for online travel giants have collectively fallen about 38% ($915 in total share price) since the start of 2020. Most of the value has been decimated due to the spread of the COVID-19 coronavirus, with bookings declining and analysts anticipating a long-term impact. Here’s a look at these stocks for the first 10 weeks of 2020:

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TRAVEL TECHNOLOGY

Wind Creek Chicago Southland to partner with Fabio Viviani Hospitality

prnewswire | April 18, 2023

Wind Creek Hospitality announced today a partnership with Fabio Viviani Hospitality, LLC to operate the food and beverage outlets at Wind Creek Chicago Southland, located in the Villages of East Hazel Crest and Homewood. Viviani, who has participated in multiple seasons of Bravo's Top Chef and also has his own cooking show, Fabio's Kitchen, has over 50 locations of various offerings in his portfolio, many of which are in the Chicago area. "Bringing in a partner like Fabio Viviani to our Chicago Southland property is a home run for our food and beverage offerings. Fabio's expertise in the hospitality industry will give Wind Creek Chicago Southland an unmatched competitive edge," said acting General Manager, Roger Kuehn. "We are delighted to be collaborating with Wind Creek on their Southland property! It's an impressive project and the fact that it's in my hometown of Chicago makes it even more appealing. We look forward to sharing more details with you soon. Something truly special is in the works," said Fabio Viviani. The partnership will include a steakhouse, food hall, in-room dining as well as banquets. Wind Creek Chicago Southland is expected to open in Spring 2024. ABOUT WIND CREEK HOSPITALITY Wind Creek Hospitality is an authority of the Poarch Band of Creek Indians, the only federally recognized Indian Tribe in the state of Alabama. Wind Creek Hospitality manages the Tribe's gaming facilities including: Wind Creek Aruba, Wind Creek Atmore, Wind Creek Bethlehem, Wind Creek Chicago Southland (Coming Soon), Wind Creek Curacao, Wind Creek Montgomery, Wind Creek Wetumpka, Casinoverse, Magic City Casino in FL, as well as racetracks in Alabama and Florida. Visit www.windcreek.com for more information.

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HOSPITALITY TRENDS

Marina Bay Sands ushers in a new era of luxury hospitality

prnewswire | April 27, 2023

Marina Bay Sands' US$1 billion reinvestment programme its most ambitious to date since opening in 2010 reached a critical milestone this week with the completion of over 850 hotel rooms that are setting the tone for a new era of luxury hospitality. The rooms – located in Towers 1 and 2 of the iconic hotel – represent the first wave of exquisitely designed luxury accommodation that draws inspiration from Singapore's multicultural environment. The newly configured rooms and suites, which convey a sense of space amid intricate details, offer a preview of the multi-year transformation that had its roots in late 2021, when the integrated resort started to reimagine the future of luxury hospitality and travel. Paul Town, Marina Bay Sands' Chief Operating Officer, said, "This extensive design transformation of our iconic Hotel is a leap forward in our commitment to set new benchmarks for ourselves and the industry. And the transformation doesn't just stop at our new rooms, as this is only the beginning. Over the next few years, guests will witness luxury at every corner of our property. From the arrival experience at the Lobby to new concepts on Sands SkyPark, every guest touchpoint is being reviewed and transformed, at a scale unprecedented in our 13 years of operations. We are very excited about what lies ahead as we transform to meet the evolving and elevated expectations of our guests." Currently, over 850 rooms have been completed, nearly two-thirds of the 1,282 rooms that will result from the renovation at Towers 1 and 2. The next phase of renovation will focus on the ultra-luxe suites. All in, the hotel renewal will see more suites being created at Marina Bay Sands within these two towers – from 137 previously to around 422 – to cater to rising demand for luxury travel. With the transformation in Towers 1 and 2 expected to be completed by end 2023, the renewal will continue into Tower 3, the Hotel Lobby and Sands SkyPark, details of which will be announced at a later date. The integrated resort's suite of world-class experiences will also encompass a revamped Executive Club lounge, new premium fine dining options, and health and wellness offerings. These new signature experiences will set a fresh benchmark for the landmark, ensuring it remains a prominent destination synonymous with the epitome of Asian hospitality. The completion of the current phase of transformation comes on the back of strong earnings in the first quarter of 2023. Marina Bay Sands saw net revenues more than double to US$848 million for the period ending 31 March 2023, with room revenue hitting US$97 million – an approximately 155% increase from the same period in 2022. Hotel occupancy reached 97.6 per cent, with Average Daily Rate (ADR) at US$594. Mass gaming revenue reached an all-time property record US$549 million, up from US$275 million a year ago, while The Shoppes saw revenues of US$53 million, with tenant sales per square foot reaching US$2,809. New Partnerships for the Bay The integrated resort is also making headway with the launch of its Bay Precinct Strategy, positioning Marina Bay Sands and the Bay area as the epicentre for hosting international business events. The Bay Precinct Strategy is a first-of-its-kind approach that combines the forces of different hospitality players, attractions, service providers and restaurants from the Marina Bay area, playing to their strengths in an enlarged MICE (meetings, incentives, conferences & exhibitions) ecosystem. Partnerships across 10 hotels, including the Fullerton Hotel and Fullerton Bay Hotel, JW Marriott Hotel Singapore South Beach, The Westin Singapore, Swissotel The Stamford, Fairmont Singapore, PARKROYAL COLLECTION Marina Bay, Mandarin Oriental, Pan Pacific Singapore and Ritz Carlton, have been inked so far. The close collaboration enables Marina Bay Sands and the respective partner hotels to leverage each other's strengths and assets to offer an expanded offering for international event organisers looking to host their events in Singapore. "Authenticity, mass customisation, sustainability and wellness are some of the key drivers that will fundamentally shift the tentpoles of how future events are designed. Even as Marina Bay Sands is playing the lead role in hosting international events, we need to continually innovate and drive benefits beyond our own corners. The Bay Precinct Strategy allows us to do just that – we're able to offer clients an enlarged platform and direct access to different services around the Bay, opening up the playing field. Event organisers are empowered to harness the best-in-town offerings to conceptualise their desired event experience," said Mr Town. The integrated resort will also be joining hands with other service providers and attractions around Marina Bay such as Gardens by the Bay and Satay by the Bay, Makansutra, Esplanade, Victoria Theatre and National Gallery Singapore to create quintessential trails that focus on exploring Singapore's multi-faceted charm in different ways – gastronomy, wellness, hotel, and arts, culture and attractions. From the diverse selection, event organisers can conceptualise and curate these interest-based trails suited to their attendees' preferences and itineraries, expanding the scope of their event and broadening the experience beyond a single venue. This cross-sector alliance is a critical step to amassing and presenting a directory of specific partner capabilities to facilitate the design of a highly personalised event programme. A World of Festivals Marina Bay Sands is also reinventing its guest experience through a series of back-to-back festivals that aim to inspire and deepen engagement with visitors via thematic, immersive activities that showcase the integrated resort's multi-dimensional prowess. Earlier this year, 'Where Art Takes Shape' marked the prominent debut of the year-round series revolving around key festivals. Come 15 to 28 May, gastronomy will play a starring role through 'Where Your Senses Feast', a lively food and wine festival encompassing over 30 dynamic events including experiential dining concepts featuring a Six Star Dinner, an unprecedented culinary experience at ArtScience Museum, and a French wine cave. From 17 June to 9 July, Marina Bay Sands will be introducing 'Where Mind and Body Connect', an ultimate journey of relaxation and rejuvenation as the resort celebrates wellness. Held in conjunction with Wellness Festival Singapore 2023, the celebration aims to offer holistically immersive experiences for the public at unique spaces only found at Marina Bay Sands, from the Rain Oculus at ArtScience Museum, to Digital Light Canvas at The Shoppes and the iconic SkyPark Observation Deck. From 15 to 23 July, Marina Bay Sands will set the stage for 'Where Music Takes Over', a week-long celebration of live entertainment and music with a stellar line-up of performances across the property. Marina Bay Sands will liven up with a plethora of music acts across different venues and spanning presentation styles and music genres. The week-long affair will feature a phenomenal line-up of international and local acts, which will be announced soon via this website. In October, the integrated resort will dazzle with 21 days of glitz and glamour showcasing immersive luxury events as fashion takes centre stage all around the property. "For the first time in our history, we're celebrating the many facets of life – from art, food, wellness, music to fashion – in a series of back-to-back Festivals that elevate the use of our venues and amplify the quintessential Marina Bay Sands experience. This is an evolution from the days of singular events to extravaganzas that are spread out across our property on a scale that will be inviting and awe-inspiring," said Mr Town. APPENDIX Designed to deliver an elevated home-away-from-home experience that comforts, soothes, delights and excites, Marina Bay Sands' new rooms and suites are a haven of calm amidst the bustling city for luxury travellers, families and business delegates. These guest rooms are an urban sanctuary, featuring a defined and intimate marbled foyer that invites guests to unwind in a timeless space that is unique, composed and balanced. The new design philosophy echoes in the finest details and elevated level of craftsmanship, from the understated elegance of the taupe colour palette to the selection of impeccable materials and textures. Every item in the room was coordinated to provide an intuitive guest experience that provides intentional functionality with a luxurious feel, such as leather cladding of the drawer safe and hangers in the wardrobe. Drawing inspiration from Singapore's multicultural environment, the bedroom headboard mimics a Chinese screen in a Peranakan shophouse while the floor is covered with thick Axminster wool carpet, featuring a motif similar to textiles found along Arab Street. The intricate placement and careful curation of cohesive furniture, artwork and all items that can be touched and experienced create a stylish residential feel that warmly embraces guests. At the centre of the harmonious design is the Armoire, a bespoke minibar that challenges the role of its traditional counterpart. Illustrated with muted-gold chinoiserie pattern on shiny black lacquer, it is an eye-catching piece of art that depicts a traveller's enchanting journey en route to the pagoda – an interpretation of 'East meets West' that alludes to Marina Bay Sands' position at the heart of botanical beauty. The Armoire opens to a wide range of specialty tea, coffee, fine wines and snacks with the chinoiserie design subtly making its way into several of the porcelain offerings in the room. Meanwhile, the Cocktail Trolley presents an elevated beverage experience that evokes the excitement of Singapore's eclectic cocktail scene. Well stocked with an assortment of liquors and pre-mixed cocktails, guests can create their drinks of choice, shaken or stirred before topping them with cocktail garnishes such as dried orange slices, all in the luxury of their own time and space. The ingenuity in design and attention to detail carries through to the bathroom space, which has been designed to be an urban retreat. Artisanal glass screens with integrated niche lighting accentuate the simple and spacious area while custom pendant lighting decorating his-and-hers vanities soothe the senses. Integrated technology and sustainability-driven initiatives Tech-savvy guests will appreciate the seamless experience as a result of the integrated resort's digital transformation, which sees the launch of its mobile-application enabled Smart Hotel features. New features on the Marina Bay Sands mobile application will allow guests to skip conventional means of checking in and out at the front desk. Users will be able to pre-register wherever they are, check in, and complete verification requirements on their mobile phones. Upon arrival at the hotel, guests can activate digital keys for room and lift access. The hotel has also further embraced technology in its guest journey by introducing smart amenities such as wireless smartphone charging pods, bedside lighting and curtain control panels, and motion-activated occupancy sensors that automatically respond to guests' presence, into the new design. A spectacular entertainment system features a large 75-inch television and the immersive Yamaha sound system. Guests who wish to personalise their own music experience can choose to connect their devices to the portable Bang & Olufsen bluetooth speaker. As the largest hotel in Singapore to be certified to the Global Sustainable Tourism Council (GSTC) Industry Criteria for Hotels and Accommodations, Marina Bay Sands has also prioritised sustainable design features and innovative technology solutions that help conserve energy. An intuitive system has been built into every guest room to identify the arrival of guests when they extend the door, automatically drawing the curtains and revealing a breathtaking view of the garden or the city skyline. At the same time, the air-conditioning switches on and configures to its comfortable pre-set mode and temperature. The sensor network will spontaneously do the opposite when balcony doors are opened, immediately resting the air-conditioning to ensure minimal cold air leaves for as long as the room is naturally ventilated. Environmentally friendly materials such as bamboo are also being used to create high quality multi-use personal amenities such as dental kit, hairbrush and comb. Across the hotel's operations, eco-friendly solutions include reimagining materials and initiating a shift towards sustainability in a guest's journey. A wooden block engineered from 75 locally recycled chopsticks is placed in every guest room, encouraging guests to place it on the bed when they wish to request a change of bed linen. These inventive ways of implementing sustainability-driven initiatives help reduce the impact on the environment without compromising on the overall guest experience. About Marina Bay Sands Pte Ltd Marina Bay Sands is leisure and entertainment destination. The integrated resort features Singapore's largest hotel with over 2,200 luxurious rooms and suites, crowned by the spectacular Sands SkyPark and iconic infinity pool. Its stunning architecture and compelling programming, including state-of-the-art convention and exhibition facilities, Asia's best luxury shopping mall, world-class dining and entertainment, as well as cutting-edge exhibitions at ArtScience Museum, have transformed the country's skyline and tourism landscape since it opened in 2010. Marina Bay Sands is dedicated to being a good corporate citizen to serve its people, communities and environment. As one of the largest players in hospitality, it employs over 10,000 Team Members across the property. It drives social impact through its community engagement programme, Sands Cares, and leads environmental stewardship through its global sustainability programme, Sands ECO360.

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INDUSTRY OUTLOOK

Four Seasons Hotel Boston Reopens, Revealing A Dramatic Lobby Transformation, Intimate New Restaurant And New Signature Amenities

prweb | May 15, 2023

Just in time for spring and the reawakening of Boston’s iconic Public Garden, Four Seasons Hotel Boston has reopened its doors, welcoming guests to a new era of gracious hospitality. The city’s premier address has completed a dramatic design update of its arrival area, lobby and porte cochere, revealing artful and inspired new spaces created in partnership with AD100 designer Ken Fulk. This revitalization sets the stage for a new generation of guest experiences, unforgettable events and cherished memories. “We are delighted to begin the next chapter of Four Seasons Hotel Boston and introduce an updated vision of luxury that evokes the character and rich history of Back Bay,” said Michael Pedder, General Manager, Four Seasons Hotel Boston. “We look forward to welcoming guests to our reimagined hotel.” A Grand Hotel Experience on an Intimate Scale Years in the making, Four Seasons Hotel Boston’s transformation blends the timelessness of the hotel with the grandeur of its verdant Public Garden setting. Drawing inspiration from the elegant homes of neighboring Beacon Hill and Back Bay, where old meets new, Fulk envisioned the hotel as a great residence overlooking stately grounds. He designed a new arrival experience that visually links the hotel to the historic garden on its doorstep. Guests are now greeted in a black-and-white-tiled entry court, enhanced with plantings and lanterns that lead them into the sanctuary of the new lobby. Four Seasons Hotel Boston’s redesigned interiors welcome guests with a new sense of intimacy. The wide lobby has been masterfully reimagined as a series of smaller spaces that are grand, yet residential in scale. A new front desk crafted in tooled leather stands beneath an expansive original artwork depicting the Public Garden. A mural drawn in Impressionist style with a nod to Maxfield Parrish features the Garden’s flora and fauna, with willows, elm and oak trees surrounding the lagoon, where swan boats glide under the Foot Bridge and one swan holds a key. The key is a clue to a hidden, fanciful mystery closet next to the front desk. Upon their arrival, young guests are handed a large “kids-only” key to the closet and invited to select their own toys for an enchanting beginning to their Four Seasons Hotel Boston stay. Spaces for Gracious Living, Day into Evening Hotel guests will discover a collection of lobby-level spaces to enjoy from early morning until late evening. One of the newest is Coterie, a new lounge and restaurant open daily for dinner and bar service, with lunch to follow soon. Conceived as a place for intimate conversation and a retreat from the world outside, Coterie is inspired by Boston’s centuries-old tradition of thinkers and creators gathering to share ideas and socialize. Elevated traditional fare created by Executive Chef Patrice Martineau will be complemented by a selection of classic and signature cocktails, some featuring a custom botanical gin created exclusively for Four Seasons Hotel Boston, and honey from the hotel’s rooftop hives. Here, Fulk’s design evokes a charming estate, richly layered and decorated with a gallery of hand-drawn botanical illustrations and portraits of writers and artists, a soft color palette inspired by garden florals, all accented with vintage lighting and anchored by a zinc-topped bar with leather and brass details. Opposite Coterie is the Library, a quiet respite offering rich velvet seating accented in silk fringe, where guests can wait for a friend or sit back with a classic cocktail and select from the bookshelves, curated to evoke a collection gathered by a family through the generations. Coffee-lovers and early risers will delight in Sottovento, a glamorous gourmet coffee bar serving made-to-order specialty coffee, tea and beverages – complimentary – every morning, alongside a selection of pastries and light refreshments. Using the hotel’s new Coffee Concierge service, in-house guests of Four Seasons Hotel Boston can place their custom coffee order seamlessly using the Four Seasons mobile app to have it delivered to their room or ready to collect. Making a return to Four Seasons Hotel Boston this month is Aujourd’hui, the second-floor breakfast and lunch restaurant with its hallmark floor-to-ceiling windows framing panoramic Public Garden views. Sanctuary, a quiet, sixth-floor garden terrace, also makes its debut this month, offering guests a rare private courtyard in the city for quiet reading or enjoying in-room dining al fresco. Also making its return with the hotel’s reopening: The Vaults, refreshment pantries on every guest room floor of the hotel, stocked with snacks, treats and beverages, all complimentary to hotel guests and available 24 hours a day. About Four Seasons Hotel Boston Overlooking America's first botanical garden, Boston’s longest-standing Forbes Five-Star hotel enjoys the city's most coveted location, just steps from historic attractions, luxury shopping, and culinary gems. Nestled in the heart of the nation's most walkable city, the sophisticated urban retreat debuted a lobby-level redesign in May 2023. Guests will experience intimate dining and bar service at the new Coterie restaurant and lounge, breakfast at the elegant Aujourd’hui, a complimentary gourmet coffee bar, a pool boasting views of the Public Garden and Beacon Hill, and a 24-hour fitness center. Whether Boston calls for leisure, business, or a celebratory milestone event, Four Seasons Hotel Boston is the choice for travelers of all kinds.

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