A process that employs a combination of machine learning, statistical analysis, modeling techniques, and information technology to discover hidden facts, previously unknown patterns of behavior, and trends. Companies can use this knowledge to make business decisions in their marketing, sales, customer service, production, credit, and finance activities more quickly more accurately, and with higher confidence. As a marketing tool, data mining is often used to study customers and their purchasing behavior in order to look for patterns that describe the behaviors and permit businesses to perform market segmentation in new ways. Through intelligent segmentation and response analysis data mining has helped companies to retain customers and to become more relevant, by designing products and services that meet the needs of customer ‘segments’ and to communicate with them more effectively. Moreover, data mining assists the improvement of customer relationships through profiling, profitability, value, and loyalty analysis.,
Create: Aug 29, 2019 Edit: Oct 23, 2019 Hotel ManagementCreate: Aug 28, 2019 Edit: Sep 14, 2019 TV
Create: Aug 28, 2019 Edit: Sep 14, 2019 TV
The website will comprise all hotels within the group’s portfolio RADISSON Hotel Group has launched its new multi-brand and ‘mobile-first’ global website in several launguages. The new website comprises the group’s portfolio of more than 1,100 hotels across the world. The group will also launch the Radisson Hotels mobile application by the end of July 2019, officials said. Speaking about the platform, Radisson Hotel Group’s executive vice president and global chief commercial officer Eric De Neef said: “The launch of RadissonHotels.com is a key milestone on our journey towards the top. Having one single touchpoint for all our brands will strongly enhance the user experience and drive SEO value. RadissonHotels.com is a core commercial initiative of our five-year operating plan, which is transforming our business.” The platform showcases every property from across Radisson Hotel Group’s seven distinctive brands, including the Radisson Collection, Radisson RED, Park Plaza, Park Inn by Radisson and Country Inn & Suites by Radisson – as well as the art’otel brand managed by the group’s strategic partner, PPHE Hotel Group.
Create: Aug 26, 2019 Edit: Aug 29, 2019 International NewsGroup’s luxury pipeline also includes more than 30 properties, 25 of which will open through 2025 HOSPITALITY group Hilton has announced that it will be launching more luxury properties in 2019 than in “any previous year of its 100- year history”. The group’s president and CEO Chris Nassetta said that seven hotels are expected to open by the end of 2019. This is in addition to four that have already been launched this year. Hilton’s current and projected luxury openings in 2019, which join the existing luxury properties include: Waldorf Astoria Dubai International Financial Centre, Waldorf Astoria Los Cabos Pedregal and Waldorf Astoria Maldives Ithaafushi. The list also includes LXR and Conrad properties across the world. Hilton’s luxury pipeline also includes more than 30 properties, approximately 25 of which are expected to open through 2025, the group announced.
Create: Aug 26, 2019 Edit: Aug 29, 2019 International NewsCreate: Aug 18, 2019 Edit: Sep 14, 2019 TV
National real estate investor and developer Lightstone completed its sixth round of EB-5 investment funding, raising $70 million for the development of the company’s 286-key Marriott Moxy hotel in Manhattan’s East Village. Fundraising is already underway for Miami’s 202-key Moxy South Beach and the 744-key Moxy Downtown Los Angeles—Lightstone’s largest EB-5 funding project. Moxy East Village is set to open this fall. Conceived by Rockwell Group as a vertical timeline, each floor of the hotel draws inspiration from a different era in East Village history. The property will have four new F&B concepts by TAO Group.
Create: Aug 11, 2019 Edit: Aug 21, 2019 International NewsEOS Investors LLC, a privately held real estate investment firm, has acquired Kingston Resorts, a multi-property destination located on 2,800 linear feet of Atlantic Ocean beachfront in Myrtle Beach, South Carolina. Hilton Hotels & Resorts will continue to manage the resort on EOS’s behalf. Kingston encompasses two premium-branded, full-service resorts—the 255-room Embassy Suites Myrtle Beach Oceanfront Resort and the 385-room Hilton Myrtle Beach Resort—and more than 1,600 residential condominiums and townhomes. “EOS is excited to become a part of the long history of Kingston Resorts, the premier oceanfront resort destination in Myrtle Beach,” said Jonathan Wang, president of EOS. “The resort is a great example of an irreplaceable resort in a desirable destination market that defines our investment approach. We are looking forward to the opportunity to work with Hilton and to invest in the resort and build upon Kingston’s long history of success and create the next chapter in the resort’s legacy.”
Create: Aug 11, 2019 Edit: Aug 21, 2019 International NewsHREC Investment Advisors has arranged the sale of the 120-room Four Points by Sheraton Newark Christiana Wilmington located in Newark, Delaware. The firm exclusively represented the seller during the transaction. The marketing, negotiations, and final sale were led by Ketan Patel, managing director in HREC’s Washington D.C. office, and Andre Collins, an affiliate broker in Delaware. Located in Delaware’s most highly populated county, Newcastle County, the hotel is near companies headquartered in Newark, including W.L. Gore and Associates and JPMorgan. Other major demand generators in the immediate area include the University of Delaware, Denver Technology Park, White Clay Creek Park, Christiana Mall, Glasgow Regional Park, and the Newark Reservoir.
Create: Aug 10, 2019 Edit: Aug 21, 2019 International NewsBanyan Investment Group, a hotel investment and management company that acquires and manages select-service hotels in the United States, has acquired and will operate the 110-room Courtyard by Marriott Houston Pearland in Texas. Located in the Pearland Town Center, the five-story hotel is 15 minutes from NRG Stadium (home of the NFL’s Houston Texans) and within 20 minutes of the Texas Medical Center, downtown Houston, and William P. Hobby International Airport. “We continue to seek institutional quality assets, such as the Courtyard by Marriott Houston Pearland, in major markets with numerous demand generators,” said Andy Chopra, founding principal and chief investment officer, Banyan Investment Group. “The hotel benefits from its location within Pearland Town Center, a popular mixed-used development with 937,000 square feet of open space location within the South Houston marketplace that includes 140 specialty stores, 234-unit apartment complex building, and more than 50,000 square feet of office space. The hotel requires minimal capital expenditures, and we are confident the property will achieve its economic objectives with immediate cash flow.”
Create: Aug 10, 2019 Edit: Aug 21, 2019 International News