CHECK OUT! – latest hotel highlights from across the globe

7 August, 2020

The Blue Swan Daily brings you the second of this week's round up of some of the latest accommodation news from across the globe.

  • Radisson Collection to make its China debut in 2021 with arrival of first destination resort in Nanjing
  • Accor could use existing Travelodge properties to grow its Ibis budget brand as landlords launch AGO Hotels to switch label
  • Hyatt sees Greater China lead the recovery as leisure transient demand helps push up performance
  • Data metrics - latest performance insights from STR
  • News briefs - bitesize updates of latest industry news and developments

Radisson Collection to make its China debut in 2021 with arrival of first destination resort in Nanjing

The Radisson Collection, Radisson Hotel Group's anthology of iconic lifestyle hotels, will make its debut in China for next year when it opens a new low-rise resort within a new integrated tourism complex in the Jiangsu Horticultural Exposition Park. Scheduled to launch in 2Q 2021, Radisson Collection Resort, Nanjing will be set on the banks of a lake, amid a landscape of floral gardens. This retreat will feature 151 rooms and suites, ranging from 43 to 336 square meters. Suite guests will also enjoy exclusive amenities at the Executive Lounge. Every aspect of the resort will, according to Radisson, reflect the rich local culture "with contemporary design, intuitive service and thoughtful touches". Located in the Tangshan area of Nanjing, a tourist area famous for its mountains and hot springs, Jiangsu Horticultural Exposition Park will become the permanent home of the Horticultural Exposition of Jiangsu Province, which launched in 1999 and is one of Asia's leading gardening and landscaping events. Upon completion, this 6.9 square kilometre park will comprise boutique gardens, exhibition halls and waterside pavilions. It will also embrace smart technology, such as 5G connectivity, biometrics and driverless cars. Radisson Collection will introduce its distinctive style of personalized and privileged hospitality to more destinations across Asia Pacific in the future, including Imperial Hotel, A Radisson Collection Hotel, in Australia's Blue Mountains, Radisson Collection Hotel, Queenstown in New Zealand, and Radisson Collect Resort, Galle in Sri Lanka.

Accor could use existing Travelodge properties to grow its Ibis budget brand as landlords launch AGO Hotels to switch label

A group of landlords currently renting hotel properties to Travelodge have launched a new vehicle which could see them exercise a break clause and rebrand them under Accor's Ibis brand. The Travelodge Owners Action Group, unveiled AGO Hotels as they heat up their dismay with the terms of the chain's Creditors Voluntary Arrangement (CVA). The group represents more than 400 Travelodge properties, which could all be rebranded under the Ibis marque after Accor was selected as a favoured brand partner. The AGO Hotels offer will include a 25-year lease term and attractive terms that has also attracted other major operators such as Marriott, IHG, Hilton, Jury's Inn and Magnuson Hotels.

Hyatt sees Greater China lead the recovery as leisure transient demand helps push up performance

Hyatt Hotels Corporation has reported a 2Q 2020 net loss of USD236 million, a significant shift from the USD86 million profit it recorded in 2Q 2019. The company's president and CEO Mark S Hoplamazian says he is "encouraged by the demand progression we have seen in China and also in certain markets in the US and other parts of the world" but warns "there remains uncertainty regarding the full return of hotel demand to pre-Covid-19 levels. Hyatt's recovery in RevPAR has been mixed, as various parts of the world remain subject to travel restrictions and quarantines which continue to suppress demand and drive uncertainty surrounding the pace and timing of recovery across individual markets, but comparable system-wide RevPAR has improved sequentially in each month after the low point in April. Greater China, where the impacts of the Covid-19 pandemic were first reported, continues to lead the recovery. Hyatt has seen RevPAR in in the region show continued improvement since May, with preliminary estimates indicating occupancy reaching approximately 57% at the end of Jul-2020. Excluding Hong Kong, Macau, and Taiwan, preliminary estimates indicate occupancy in China reached approximately 65% at the end of the same month. The recovery in Greater China and certain markets within the Americas and EAME/SW Asia regions is being led by strength in leisure transient demand, says Hyatt. As of the end of Jul-2020, approximately 87% of Hyatt's portfolio was open compared to approximately 65% as at the end of Apr-2020. Approximately 75% of full service hotels and 96% of select service hotels in the Americas, 70% of hotels in the EAME/SW Asia region, and 92% of hotels in the ASPAC region were open, according to company data.

Data metrics - latest performance insights from STR

  • Due to the impact of the Covid-19 pandemic, the hotel industry in Canada reported all-time lows in the three key performance metrics during 2Q 2020. In comparison with 2Q 2019, occupancy was down -71.4% to 19.4%, ADR declined -36.4% to CAD106.66 and RevPAR fell -81.8% to CAD20.72. The absolute occupancy and RevPAR levels were the lowest for any quarter on record. Newfoundland and Labrador recorded the steepest decline in occupancy (-82.3% to 10.2%), British Columbia the largest drop in ADR (-42.0% to CAD116.92) and Quebec the steepest decrease in RevPAR (-88.3% to CAD15.08).
  • Latest monthly P&L data release shows United States of America hotel gross operating profit per available room was down -105.4% in Jun-2020. That year-over-year percentage change represented a continued improvement from April (-116.9%) and May (-110.1%). Additionally, some full-service properties broke even with occupancy at 50%, one month after limited-service properties showed positive profitability on average when surpassing 45% occupancy. In addition, in comparison with Jun-2029, TRevPAR was down -81.3% to USD46.95, EBITDA PAR down -124.6% to USD-20.85 and LPAR (Labour Costs) fell -59.6% to USD31.21.

News briefs

  • With reduced occupancy levels Accor has become the latest major brand to launch a hotel office concept allowing workers to make daytime bookings and use the rooms for work either for a single day or an extended five-day package. The offer, which includes collection of ALL - Accor Live Limitless loyalty points, is currently available at 250 hotels across the UK and a further 70 across Europe.
  • Cambria Hotels, the upscale franchise brand of Choice Hotels International has launched its first-ever podcast series: "Travel Inspired With Cambria Hotels." The original series, hosted by Janis Cannon, senior vice president, upscale brands, Choice Hotels, and Rick Hertan, director, Cambria Hotels brand management, explores a variety of traveller topics.
  • Expedia Group has rolled out its optimised distribution programme for all medium to large-size lodging partners, allowing them to tap into new areas of B2B demand and giving them increased control of their B2B rates, availability and content across a network of global travel providers. It says the programme will meet the ongoing needs of its larger lodging partners and enable them to scale their business, market by market, more efficiently and effectively.
  • The Fairfield Inn & Suites Katy, Texas opens this week as a Marriott franchise, owned by Jay Parbhu Hospitality and managed by Dalwadi Hospitality Management. The 92-room property offeres convenient access to Memorial Hermann Katy Hospital, Typhoon Texas, Devon Energy, Petroskills, Academy Sports and Outdoors Corporate Headquarters, Igloo, University of Houston-Victoria Katy, and PCL Construction.
  • Hotel management company Marshall Hotels & Resorts has announced that it has taken over management of five hotels. The hotels include the 100-room Holiday Inn NW Houston Beltway 8 in Texas, the 96-suite SpringHill Suites Winchester in Va., the 74-room Hampton Inn Adel in Ga., the 114-room Hilton Garden Inn Riverhead and the 131-suite Residence Inn Long Island East End, both in N.Y.
  • The Planhotel Malindi resort comprising the Diamonds Dream of Africa, Sandies Malindi Dream Garden and Sandies Tropical Village reopened to both domestic and international guests on 01-Aug-2020 with an initial weekend occupancy level of 60%. The popular location on Kenya's east coast is incorporating new cleaning protocols, disinfection techniques and work practices to ensure hygiene levels and guest safety.
  • Dexter Moren Associates says it has completed construction of a new 274 key Premier Inn property located in the heart of Waterloo, in the London Borough of Southwark, which will debut this summer The more than 9,000 square metre new build development includes a ground floor restaurant, fronting onto an inviting public courtyard and pocket park. It is nestled between Waterloo Station and Tate Modern and comprises two separate blocks of accommodation connected via a glazed bridge link.
  • The Ramada by Wyndham Addis, in Addis Ababa, Ethiopia will see a raft of changes under the management of Dubai-based independent hotel management company, Aleph Hospitality. The property was partially closed shortly after the takeover but re-opened in late Jun-2020. Aleph Hospitality have introduced an extension of the gym, a new executive lounge, meeting room and a spa, set to open in Oct-2020.
  • The Rosewood Baha Mar, set within the Caribbean's resort destination of Baha Mar in Nassau, The Bahamas, will reopen in Oct-2020. The refined and sophisticated resort will reopen to guests with a range of accommodation options including 232 guestrooms, suites and beachfront villas that epitomise Bahamian luxury.
  • The Sailrock Resort, a luxury resort in the South Caicos, will debut a three-bedroom oceanfront coral villa to coincide with last month's reopening of the Turks and Caicos tourism sector. The new three-bedroom villa is positioned directly on an elevated oceanfront site in the Sailrock Peninsula neighbourhood with panoramic views of the Atlantic Ocean. The Caribbean resort now features 36 luxuriously appointed suites and beachfront and peninsula villas.
  • The San Clemente Palace Kempinski Venice has implemented the Knowcross platform to help improve staff communication, better compliance to new safety guidelines and increase overall operational efficiencies. The exclusive retreat with 196 room and suites is located on the private island of San Clemente, only minutes away from Piazza San Marco.
  • The TownePlace Suites Albuquerque Old Town has opened this week. The new 92-suite hotel will operate as a Marriott franchise, owned by IPMI Hotel Group and managed by Sun Capital Hotels of Albuquerque. The property is located across the street from the Indian Pueblo Cultural Center, just seven miles from Albuquerque International Sunport and five minutes from downtown offering convenient access to historic Old Town Albuquerque, Sandia Peak Ski Area, the Sandia Peak Tramway and numerous shopping, dining and entertainment options.