Meeting of the Board of Directors of the Company (the Board......

To consider and approve the financial results for the period ended......

To consider and approve the financial results for the period ended......

To consider and approve the financial results for the period ended......

To consider and approve the Standalone and Consolidated Audited Financial Results......

Key Highlights Most Impacted Factors During COVID-19 Common Measures During COVID-19 (>80% of the surveyors) Reduce Shift/Work Hours Freeze Hiring Encourage Employees to Take Annual Leave Reduce Operational Hours of F&B Outlets Suspension/Delay of C...

Columbus, OH - As the country gradually re-opens for travel as restrictions ease, Red Roof®, the leader in upscale economy lodging, has launched Red Roof RediClean™, as it welcomes guests back. Red Roof RediClean includes rigorous enhanced cleaning ...

The hotel industry is one of the worst-hit industries during this crisis. A lot of studies have been conducted to help us understand the impact on the economy and our organization's bottom-line. Industry experts, through their various associations, ...

Each week, STR analysts provide a deep-dive into China hotel performance. The most recent video is linked below, available in both English and Chinese. STR provides premium data benchmarking, analytics and marketplace insights for global hospitality...

This dashboard is designed to provide critical insights to the hotel community as we weather the storm of COVID-19. Updates are made weekly. Hotel performance by rate category Group pickup and cancellations Future airline bookings Hotel closings Org...

The practice of asset management for hotels entering the third decade of the 21st Century has evolved into an intricate process of analyzing layers of data and operating results, and then acting based upon the conclusions. The process requires great...

Madrid - The internationally recognized holistic well-being clinic, SHA Wellness is once again demonstrating its leadership in the health and wellness industry by adopting innovative measures to protect guests and staff against COVID-19 upon reopeni...

Rotana, one of the leading hotel management companies in the region with hotels across the Middle East, Africa, Eastern Europe and Turkey, announced that it will take over the management of DAMAC Towers Arjaan by Rotana in Riyadh on 15 March, with the property set to open in early April. The announcement follows a partnership signed between the company and DAMAC Hotels and Resorts last year. Located on King Fahd Road, the twin-tower architectural landmark offers a total of 448 luxurious rooms, suites and penthouses. The hotel features state-of-the-art amenities such as meeting and events facilities, a wellness and fitness centre, separate temperature-controlled swimming pools for men and women, and a well-equipped gymnasium, among others. The new property brings Rotana's total tally in the Kingdom to seven hotels and 2,087 keys with a strong development pipeline including Centro Corniche, Al Khobar and Dana Rayhaan by Rotana, Dammam. The two properties are also scheduled to open durin...

Accor has announced the signing of V Villas Phuket - MGallery. The 24-pool villa resort, which will join the group's MGallery Hotel Collection, is being developed on a hilltop in Ao Yon Beach, Phuket, approximately 1 hour by road from Phuket International Airport and 20 minutes from Phuket Town. When completed, the resort will feature five distinctive dining outlets, a swimming pool and a spectacular spa & wellness centre. The cliff-side location of V Villas Phuket offers splendid views across Chalong Bay and the lush hills of Ao Yon, away from the hustle and bustle of the city....

On March 16th, 2020, Royal Park Hotels and Resorts Company, Ltd. (hereafter RPHS) launches The Royal Park Hotel Iconic Osaka Midosuji, its second hotel in Osaka, bringing together Japanese charm and modern design elements. Over the next 5 years, RPHS plans to open six more hotels in Kyoto, Kobe, Nagoya, and Tokyo. The new hotel forms part of the ICONIC brand, the flagship line of RPHS' "THE" series for premium limited service hotels. Targeting business and bleisure travelers the hotel features a total of 352 rooms including two executive floors with 48 rooms, restaurants, two gyms, English-speaking guest relations staff, executive lounge, and meeting facilities on the executive floor with complimentary two-hour usage. Visitors benefit from the new hotel being a part of the "Preferred Hotels & Resorts", the world's largest independent hotel group representing more than 750 distinctive hotels, resorts, residences and unique hotel groups across 85 countries. It is located in the brand-ne...

Following an extensive $100-million investment by Palisades Resorts LLC, Marriott International's Autograph Collection Hotels will celebrate the grand opening of ADERO Scottsdale in summer 2020. With its elevated views of Arizona's famed Four Peaks and McDowell Mountain Range, ADERO will be Scottsdale's only Dark Sky Zone resort with a modern guest experience inspired by the surrounding Sonoran Desert. The complete development is led by Allen + Philp Partners Architecture and Interior Design, MONOGRAM Hospitality Interiors at BBGM, branding agency Sixteenfifty and Aqua-Aston Hospitality, a leading hotel and resort management group. ADERO joins Autograph Collection's diverse and dynamic portfolio of more than 180 independent hotels carefully crafted with vision and passion. Just like ADERO, each distinctive hotel in the Autograph Collection is singular and special: Exactly Like Nothing Else. Named after the iconic canyon that surrounds the resort, ADERO will intentionally connect guest...

Kimpton Hotels & Restaurants is pleased to announce the opening of Kimpton Hotel Fontenot, a 202-room boutique hotel located in the heart of New Orleans' Central Business District on the corner of Poydras and Tchoupitoulas Streets. The opening marks the brand's return after a fifteen-year absence from the Crescent City. Combining classic and modern design, Kimpton Hotel Fontenot's interiors are inspired by the city's iconic southern hospitality and famed jazz musicians, as well as the building's original architectural details. The lobby features a stunning variety of custom art, including a butterfly installation by Paul Villinski and a seven foot trombone installation honoring the city's musical roots. Upon arrival, hotel guests are welcomed with a complimentary local beer and the musical stylings of prominent and rising soul, blues, and big band artists. Each of the 202 beautifully appointed guest rooms offer bespoke amenities and feature a clean and modern design aesthetic with sof...

Nestled next to the scenic Kawarau River, not far from Queenstown Airport, the 87-key LQ by Wyndham Remarkables Park, set to open its doors in late 2020, will be a great base for visitors who want to immerse themselves in nature. As New Zealand's adventure tourism capital, Queenstown is the perfect place to enjoy adrenalin-fuelled activities such as white-water rafting and bungee jumping from the Kawarau Bridge - the site of the world's first commercial bungee jump. LQ by Wyndham Remarkables Park will feature a mix of accommodation for short and extended stays, and facilities including fitness centres and "grab & go" cafés....

Today, Travelodge, the UK's first budget hotel chain celebrates 20 years of trading in Kent, by officially opening its first hotel in Sittingbourne. Sittingbourne Travelodge is the company's 589th hotel and its 16th property in Kent. The purpose built hotel is located in the heart of the town centre, at Bourne Place leisure quarter (which is part of the 'Spirit of Sittingbourne' £326m regeneration programme). The hotel represents a multimillion investment for Swale Borough Council and has created 15 new jobs within the community. Sittingbourne Travelodge features 63-rooms which include a selection of family, double and accessible rooms. The rooms have been designed by Travelodge business and leisure customers and the décor features a sleep inducing colour palette, introduced by a chronotherapy expert. The featured walls are painted a tranquil blue, as research shows our body clock is programmed to relate the colour blue to the hours of darkness, so our metabolism slows down making us ...

Best Western® Hotels & Resorts announces the opening of the brand new Best Western Premier Northwood Hotel Conference Centre. The newly built hotel opened its doors to guests as a Best Western Premier property offering modern décor, upscale amenities and superior service travelers have come to trust from the Best Western Premier Brand. The property features 98 upscale guest rooms including 29 spacious suites, each boasting contemporary design and equipped with a large flat-screen television, microwave and mini fridge. Whether traveling for business or leisure, guests will enjoy an array of amenities, including an indoor heated pool and state-of-the-art 24-hour fitness center. Travelers can start their day with complimentary hot breakfast and unwind at the on-site, full-service lounge serving up refreshing cocktails and dinner menu. The Best Western Premier Northwood Hotel Conference Centre is also ideal for business travelers with a full-service business center offering complimentary ...

The SureStay Hotel by Best Western North Myrtle Beach is opening its doors in North Myrtle Beach, South Carolina, and inviting travelers to experience one of the newest hotel brands in the industry - the SureStay Hotel Group®. The SureStay by Best Western North Myrtle Beach will provide guests with an experience they can count on and the amenities today's travelers have come to expect. SureStay's service promise reflects the brand and the hotel's commitment to providing quality service and value to its guests. Located at 1591 Highway 17 North in North Myrtle Beach, South Carolina, the hotel features 48 well-appointed guest rooms and 13 suites, each with a large flat-screen television, microwave and mini fridge. The SureStay by Best Western North Myrtle Beach also offers an indoor heated pool, hot tub, fitness center, complimentary breakfast and free wireless internet - providing guests with the superior comfort and utmost value they want out of their stay. The property's location is o...

Radisson Hotel Group is proud to announce the signing of the Radisson Resort Dubai Palm Jumeirah, its first beach resort in Dubai and third Radisson hotel in the United Arab Emirates, bringing its UAE portfolio to 23 hotels in operation and under development. Home to some of Dubai's top resorts, the Palm Jumeirah is built from reclaimed land in a series of artificial archipelagos and shaped like a palm tree when viewed from above. Located on the Jumeirah shoreline, Radisson's latest resort is perfect for both leisure and business travelers and is ideally located, providing travelers with easy access to the city and Dubai Media City, the region's leading media hub, and a 30-minute drive from Dubai International airport. Inside the hotel's 389 upscale rooms and suites, guests will discover the renowned hospitality and modern amenities. The hotel will feature five food and drink outlets, with cuisine suited to every taste at the all-day dining restaurant and guests can explore the hotel ...

The SureStay Hotel by Best Western Fairfield Napa Valley has opened its doors in Fairfield, California, and invites travelers to experience one of the newest hotel brands in the industry - the SureStay Hotel Group®. The SureStay Hotel by Best Western Fairfield Napa Valley will provide guests with an experience they can count on and the amenities today's travelers have come to expect. The SureStay service promise reflects the brand and the hotel's commitment to providing quality service and value to its guests. Located at 3331 N. Texas St. in Fairfield, California, the hotel features 100 well-appointed guest rooms, each with a flat-screen television, microwave and mini fridge. The SureStay Hotel by Best Western Fairfield Napa Valley also offers an outdoor pool and hot tub, free parking, complimentary continental breakfast and free wireless internet - providing guests with the superior comfort and utmost value they want out of their stay. The property's location near world-class winerie...

Best Western® Hotels & Resorts announces the opening of the Best Western Plus Champaign/Urbana Inn, located at 516 W. Marketview Drive in Champaign, Illinois. Owned by Vip Patel and Jay Patel, the hotel recently completed a $1.9 million renovation and features 98 guest rooms and six suites. Hotel amenities include a heated indoor pool, fitness center, two different meeting and event spaces, complimentary hot breakfast and free wireless internet. Each newly updated room is equipped with a large flat-screen television, microwave and mini fridge. The hotel offers complimentary faxing, printing and scanning for business and leisure travelers alike. The Best Western Plus Champaign/Urbana Inn offers easy access to Market Place Mall, the University of Illinois at Urbana-Champaign and the University of Illinois Observatory, the State Farm Center sports and entertainment venue, the Spurlock Museum and Chanute Air Museum, and Crystal Lake Park....

Radisson Hotel Group continues to expand in China's most dynamic destinations with the signing of its inaugural property in Nanjing, the country's ancient capital city, the current capital of Jiangsu province and a thriving modern metropolis. Radisson Blu Hotel Nanjing South New Town is a striking new upper-upscale hotel being developed in Nanjing South New Town, a rapidly emerging commercial area that will become the city's new CBD. The property will take center stage in the heart of this master-planned district, as part of a large complex also featuring a high-end shopping mall and an office tower. Scheduled to open its doors in 2024, Radisson Blu Hotel Nanjing South New Town will feature 300 contemporary rooms and suites, an indoor swimming pool, a fitness center, a lobby lounge and three restaurants. It will also provide extensive event space, with two exhibition areas covering more than 3,200 square meters, a large ballroom and seven other meeting and function spaces. This will m...

InterContinental Hong Kong is ready for its biggest renovation in 30 years. The hotel closure is now scheduled for April 20, 2020, with the reopening as the Regent Hong Kong in 2022. The hotel has been planning a spectacular transformation that will position it as one of the top hotels not only in Asia, but also as one of the world's most iconic hotels. The total transformation will span all guest rooms and suites including bathrooms,all public areas, restaurants and event venues, as well as a refresh of the building façade with a contemporary new look. Yan Toh Heen, the hotel's 1-Michelin star Cantonese restaurant, will remain open throughout the renovation, with access via the adjoining K11 Musea. Following a global search for a design visionary for the flagship property's major transformation and re-opening as the Regent, Hong Kong-born Chi Wing Lo has been appointed as the architect / designer. Goodwin Gaw, Chairman and Managing Principal of Gaw Capital Partners, which led the acq...

Oakwood has opened its third property in Jakarta, Indonesia. The Oakwood Apartments PIK Jakarta features 151 fully furnished serviced apartments offering city and ocean views. The property is located in Pantai Indah Kapuk (PIK) roughly 15 minutes' drive from Soekarno-Hatta International Airport. Facilities include a kids' swimming pool and playground, an indoor and an outdoor swimming pool, fitness centre, and a restaurant. "Following the overwhelming success of Oakwood Premier Cozmo Jakarta and Oakwood Suites La Maison Jakarta, we recognise the need for a complementary product for the capital's increasingly savvy guests," said Dean Schreiber, interim CEO of Oakwood and Managing Director of Oakwood Asia Pacific. "Apartments PIK Jakarta appeals to a growing segment of independent travellers in search of chic and functional accommodation that is furnished with modern essentials. By showcasing a differentiated residential product, Oakwood grows with our guests' evolving aspirations and n...

The Mandarin Orchard Singapore will become the Hilton Singapore Orchard following a $90m-rebranding that is set to take place over the course of two years, with works scheduled to be completed by late 2021. A deal was signed between Hilton and OUE. The property is boasting 1,080 rooms and 3,765 sqm of events, conference and meeting space, which also includes three ballrooms. This puts the property in a position to cater MICE events and travelers. New meeting and F&B facilities will be added to help boost the hotel's status in this regard....

The renovation of the 182-room iconic Union Club Hotel at Purdue University remains on schedule and is expected to welcome guests starting in the fall semester. The construction team is taking all necessary health and safety precautions and the hotel's leadership team is working remotely to ensure all preparations are made for a successful opening in August. The Union Club Hotel renovation involves a complete overhaul of all guest rooms and public spaces, including a significant transformation of the lobby to create a grand entrance with a modern loft-like feel and one-of-a-kind art installation behind the front desk. In addition, a yet-to-be-announced full-service restaurant, a classic cocktail bar and coffee and pastry counter will be added to the property. As part of the hotel's world-class service, it will also act as a real-life training ground for Purdue's hospitality and culinary students....

Thompson Thrift Retail Group (TTRG), a wholly owned company of Thompson Thrift, announced today that it has closed on the sale of the hotel pad at The Stations, a $60-million mixed-use development in the Indianapolis suburb of Fishers, Ind. The buyer, Indiana-based Dunn Hospitality, will spend $20 million to build a 145-room Courtyard by Marriott that it plans to open in the latter half of 2021. The Courtyard will feature meeting space, expansive fitness facilities, an indoor pool, room service and a bistro bar offering sit-down meals throughout the day. The new hotel is expected to accommodate the expanding business and leisure travel needs of the rapidly growing Fishers suburb. Later this year, TTRG expects to begin construction of a class-A, four-story office building with 60,000 square feet of demisable office space. The building will feature an expansive lobby with elevators, outdoor work areas on the top floor of the building, excellent visibility from 116th Street along with bu...

Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended stay hotel brand, today announced the opening of the brand new Extended Stay America® Bluffton - Hilton Head, in Bluffton, S.C. The newly constructed property stands four stories tall and contains 120 rooms, free onsite parking, complimentary WiFi, premium cable, a STAYFIT fitness room, STAYCLEAN laundry room and our signature spacious STAYPLAY lobby to provide guests with a home away from home. The property features fully equipped, in-room kitchens with full-size refrigerators, microwave ovens, stovetops, cookware, utensils and dishes to satisfy all guests' cooking needs. Additional in-room amenities include comfortable platform beds with storage space beneath, recliners, a television with premium cable and device casting capabilities and a spacious workplace with high-speed internet access for business travelers. Pet friendly rooms are also available for guests traveling with their four-legged family members....

IHG has signed a long-term agreement with Asia Pacific Hotels Inc to take on management of Fiesta Resort & Spa Saipan, in the Commonwealth of Northern Mariana Islands, from May 20201.The impressive 416-room hotel will rebrand as Crowne Plaza® Resort Saipan in 2022 following a refurbishment, before adding a 116-room extension by 2025. Alongside IHG's October announcement that it has taken on management of the 318-room Fiesta Resort Guam, a hotel that will rebrand as a Crowne Plaza in 2021, the combined 850 room count makes the biggest ever conversion signing for IHG's Australasia, Japan and Pacific Islands region.Saipan is the largest island of the Northern Mariana Islands and is part of the Commonwealth of the United States. A 20-minute flight from Guam, Saipan is characterised by sandy shores and mountainous landscapes, and boasts several championship golf courses. It has a borderline tropical rainforest climate and, with an average year-round maximum temperature of 28.9°C, Saipan ha...

Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the opening of the Extended Stay America - Colonial Heights - Fort Lee, in Colonial Heights, Virginia. The four-story 92-room property features rooms with fully equipped, in-room kitchens with full-size refrigerators, microwave ovens, and cooktops as well as platform beds with storage space beneath, recliners, high-speed Wi-Fi, fitness room, on-site parking, laundry room, and a STAYPLAY oversized lobby. "The Extended Stay Colonial Heights marks the first franchise new build in our system and the sixth property in the greater Richmond-Colonial Heights market," said Bruce Haase, President and Chief Executive Officer, Extended Stay America. "Kara Hospitality has been a great partner, and their Colonial Heights location fits nicely into our strategy of growing our portfolio of properties through franchising opportunities." "This hotel is a fabulous addition to our portfolio and the...

The Tuxon, a modern boutique hotel in the heart of Tucson, has joined Marriott International's coveted Design Hotels™ portfolio, an exclusive collection of hotels celebrated for their individuality, thoughtful design, and unique, discoverable pleasures. The new hotel, the first-ever Design Hotels™ property in Arizona, will debut in Summer 2020. Guests of The Tuxon will also have access to Marriott International's unrivaled loyalty program, Marriott Bonvoy. The Tuxon joins the Design Hotels™ network of the world's most sophisticated hospitality brands with properties that span a wide variety of fascinating locales - from world capitals and mountaintops to off-the-beaten-path escapes. As a Design Hotels™ destination, The Tuxon will tap into an engaged community of travelers who seek original, inspiring experiences in new and intriguing places. Each year, more than 400 hotels apply to become members of the Design Hotels™ portfolio. Only five percent are approved, and the chosen few are r...

A real under(sea)dog story Despite a lukewarm reception at its initial launch, the team at Rare remained committed to its vision of a pirate adventure on the high seas.

Video game developers expand on their controversial opinions.

A former Ubisoft dev confirmed the footage is real. A test video from a canceled Prince of Persia game reappeared online, and former Ubisoft developers confirmed it's real.

Microsoft has announced new games for Xbox Game Pass subscribers.

Based on the trailer, Ultra Instinct Goku can be seen dodging, teleporting, and using counterattacks to confuse his opponents and gain advantage over them.

The director of Suicide Squad said a lot of Jared Leto's Joker performance was cut from the film and remains unseen to this day. He praised the actor's performance and said he used the current portrayal of Joker in the DC comics as inspiration.

That's a lot of bells. Animal Crossing sold 11 million copies in 11 days on sale, and is the best-selling game in the franchise.

Full power. Microsoft has created a badge that will be used to indicate games optimised for the Xbox Series X platform.

Very, very precious. Andy Serkis will start his "armchair marathon" reading of The Hobbit on Friday morning.

Smaller, but almost definitely not small. After criticism that Odyssey was a little too big, Valhalla will apparently scale back slightly.

3 more years! 3 more years! Nintendo Switch should see its life cycle extend into at least 2023, according to a new investor Q&A.

In a blog post a few days ago, executive vice-president of gaming at Microsoft, Phil Spencer confirmed the arrival of Project xCloud to Xbox Game Pass later in the year

Integrating soon. Disintegration, a new shooter from the co-creator of Halo, launches this June.

A list of developers and publishers currently working on Series X games. A full list of third-party developers and publishers currently developing next-gen games for Xbox Series X.

Not so alien, after all. Scorn was the surprise hit of Inside Xbox, but players actually saw and played the game before... back in 2017.