Lodging

Fifth Woman Working at an Aimbridge-Operated Hotel Files State Sexual Harassment Allegations, Reports UNITE HERE Local 11

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Public Policy, Government, Consumer, Lodging, Other Retail, Vacation, Travel, Commercial Building & Real Estate, Construction & Property, State, Local, Communications, Retail, Legal, Social Activism, Women, Human Resources, Labor, Health, Letter, University, Woman, UNITE HERE, Aimbridge Hospitality, Quality of life, Advent International, Restaurant, Safety, Airport, Workplace, UNITE

The fifth woman in less than a month has broken her silence by alleging she experienced sexual harassment working at an Aimbridge-operated hotel.

Key Points: 
  • The fifth woman in less than a month has broken her silence by alleging she experienced sexual harassment working at an Aimbridge-operated hotel.
  • Working overnight has taken a toll on my health and quality of life,” says Vela in her complaint letter.
  • A primary purpose of this ordinance is to help protect workers from sexual assault in the workplace.
  • UNITE HERE Local 11 is a labor union representing more than 32,000 hospitality workers in Southern California and Arizona that work in hotels, restaurants, universities, convention centers and airports
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240321827236/en/

Travel + Leisure Co. Completes $350 Million Term Securitization

Retrieved on: 
Thursday, March 21, 2024
Vacation, Other Travel, Lodging, Destinations, Travel, Note, Class, Regulation, Sale

“Our first public term offering of the year received considerable interest from the investment community, which led to strong execution and a blended interest rate of 112 basis points below our October 2023 transaction and an increase in the advance rate of 350 basis points,” said Mike Hug, Chief Financial Officer of Travel + Leisure Co.

Key Points: 
  • “Our first public term offering of the year received considerable interest from the investment community, which led to strong execution and a blended interest rate of 112 basis points below our October 2023 transaction and an increase in the advance rate of 350 basis points,” said Mike Hug, Chief Financial Officer of Travel + Leisure Co.
    Sierra Timeshare 2024-1 Receivables Funding LLC issued $143 million of Class A Notes, $90 million of Class B Notes, $85 million of Class C Notes, and $32 million of Class D Notes.
  • The Class A Notes have a coupon of 5.15%, the Class B Notes have a coupon of 5.35%, the Class C Notes have a coupon of 5.94%, and the Class D Notes have a coupon of 8.02%.
  • Sierra Timeshare 2024-1 Receivables Funding LLC is an indirect subsidiary of Travel + Leisure Co.
  • All of such securities having been sold, this announcement of their sale appears as a matter of record only.

Fourth Launches New AI Platform to Power HotSchedules, MacromatiX and PeopleMatter

Retrieved on: 
Thursday, March 21, 2024
Technology, Professional Services, Restaurant, Bar, Data Analytics, Lodging, Data Management, Retail, Tourist Attractions, Artificial Intelligence, Travel, Forecasting, Pizza Hut, Algorithm, Workforce management, Acquisition, AI, Senior, Creativity, Workforce, Data, Brinker International, Sales

The new set of AI capabilities lets managers focus on people, service, and creativity, rather than on constant firefighting.

Key Points: 
  • The new set of AI capabilities lets managers focus on people, service, and creativity, rather than on constant firefighting.
  • Brinker International has deployed HotSchedules on the Fourth AI platform across a number of their US sites to power their workforce deployment.
  • “Harnessing AI through the Fourth platform gives them a substantial competitive advantage in the industry."
  • AI has the power to genuinely transform our industry for the better.”
    The Fourth AI Platform is generally available today, offering AI for scheduling and AI-driven bidding for talent acquisition.

Hilton Announces Launch of Senior Notes Offering

Retrieved on: 
Friday, March 22, 2024
Vacation, Other Travel, Lodging, Destinations, Travel, Senior, Hilton Worldwide, HLT, Issuer, Investment, Note, Regulation, Sale, Person, Security (finance)

Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) announced today that its indirect subsidiary Hilton Domestic Operating Company Inc. (the “Issuer”) intends to offer $1.0 billion aggregate principal amount of the Issuer’s Senior Notes due 2029 and Senior Notes due 2032 (collectively, the “Notes”).

Key Points: 
  • Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) announced today that its indirect subsidiary Hilton Domestic Operating Company Inc. (the “Issuer”) intends to offer $1.0 billion aggregate principal amount of the Issuer’s Senior Notes due 2029 and Senior Notes due 2032 (collectively, the “Notes”).
  • The Issuer intends to use the net proceeds of the offering for general corporate purposes, including the repayment of $200 million of indebtedness under the senior secured revolving credit facility, investments and acquisitions.
  • The Notes to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws.
  • The Notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

Fourth Launches the First AI Platform for Hospitality

Retrieved on: 
Thursday, March 21, 2024
Retail, Artificial Intelligence, Human Resources, Software, Supply Chain Management, Tourist Attractions, Accounting, Professional Services, Technology, Restaurant, Bar, Other Retail, Vacation, Other Travel, Cruise, Transportation, Apps, Applications, Lodging, Destinations, Travel, Shift, Forecasting, Algorithm, PizzaExpress, Knowledge, Hospitality, AI, Senior, Creativity, Workforce, Machine learning, Data

The Fourth AI Platform lets managers focus on people, service, and creativity, rather than on constant firefighting.

Key Points: 
  • The Fourth AI Platform lets managers focus on people, service, and creativity, rather than on constant firefighting.
  • The Fourth AI Platform is the first of its kind with a set of AI-based workforce and inventory solutions purpose-built for hospitality operators.
  • The Fourth AI Platform sets the stage for a high-value, high-impact AI-based future for the industry.
  • AI has the power to genuinely transform our industry for the better.”
    The Fourth AI Platform is generally available today, offering AI forecasting for scheduling.

RMS North America and Solonis Unveil Game-Changing Integration with Vrbo, Unlocking New Revenue Horizons for Property Managers

Retrieved on: 
Thursday, March 21, 2024
Mobile, Wireless, Technology, Construction & Property, Software, Lodging, Data Management, Vacation, Destinations, Residential Building & Real Estate, Travel, Well, Partnership, PMS, Property management, Friends, Growth, RMS

In a significant move to enhance revenue opportunities for property managers, RMS North America and its subsidiary, Solonis , are excited to announce their partnership and successful integration with Vrbo , a global leader in vacation rental marketplaces.

Key Points: 
  • In a significant move to enhance revenue opportunities for property managers, RMS North America and its subsidiary, Solonis , are excited to announce their partnership and successful integration with Vrbo , a global leader in vacation rental marketplaces.
  • Renowned for its cutting-edge Property Management Software, RMS and Solonis empower hospitality operators to manage their properties with unparalleled efficiency.
  • The collaboration between RMS, Solonis, and Vrbo represents a significant advancement for RMS and Solonis property managers.
  • “We’re thrilled to join forces with Vrbo,” says Frederic Dominioni, Chief Revenue Officer of RMS North America.

Hampton by Hilton Looks to the Future with Innovative North American Prototype and a Refreshed Visual Identity

Retrieved on: 
Wednesday, March 20, 2024
Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Travel, Other Communications, Interior Design, Marketing, Communications, Social Media, Other Travel, JKR, Growth, Beauty, Comfort, Research, FF&E, Suite, City, System, Hampton by Hilton, Multimedia, Visual language, Hotel

Hampton, the industry’s dominant upper-midscale hotel brand, is consistently recognized for its category-leading financial performance, best-in-class stay experience, and strong guest loyalty.

Key Points: 
  • Hampton, the industry’s dominant upper-midscale hotel brand, is consistently recognized for its category-leading financial performance, best-in-class stay experience, and strong guest loyalty.
  • “As we unveil our new North American prototype and refreshed visual identity, we embark on an exciting new chapter for Hampton.
  • The cost-efficient and design-forward North American prototypes are available for both Hampton Inn and Hampton Inn & Suites.
  • With the backing of the 100% Hampton Guarantee, guests can trust that Hampton will always make it right, every time.

Kalahari Resorts™ Announces Luxury Treehouse Resort in Wisconsin Dells

Retrieved on: 
Wednesday, March 20, 2024
Entertainment, Theme Parks, Lodging, Destinations, Travel, Tourist Attractions, Season, Dawn, Partnership, Nature, Convention, Multimedia, Family, Amusement park

The lodging at the new resort, named “Kalahari Treehouse Collection™ at Dawn Manor™”, will feature 21 partially supported luxury treehouses and 31 ground-supported houses, in addition to a 10,000-square-foot Wisconsin supper club, named Daylene’s Supper Club™ at Dawn Manor™, all overlooking scenic Lake Delton.

Key Points: 
  • The lodging at the new resort, named “Kalahari Treehouse Collection™ at Dawn Manor™”, will feature 21 partially supported luxury treehouses and 31 ground-supported houses, in addition to a 10,000-square-foot Wisconsin supper club, named Daylene’s Supper Club™ at Dawn Manor™, all overlooking scenic Lake Delton.
  • The famous Wisconsin Dells Ducks boat access currently located on the property will remain in place.
  • All registered overnight guests at the Kalahari Treehouse Collection™ will also receive complimentary access to Kalahari’s award-winning indoor waterpark located just a few miles away.
  • The Dawn Manor™ development, including the Kalahari Treehouse Collection™, will truly be unlike any other resort experience in the Wisconsin Dells area.”
    In addition to Kalahari Resort in the Wisconsin Dells area, the Nelson family owns and operates Trapper’s Turn Golf Club™ and Lake Delton Waterfront Villas.

A&W Restaurants Selects PAR Technology’s Data Central® to Propel Growth

Retrieved on: 
Wednesday, March 20, 2024
Other Professional Services, Finance, Food Tech, Professional Services, Restaurant, Bar, Fintech, Lodging, Destinations, Cruise, Travel, Electronic Commerce, Security, Satellite, Data Analytics, Software, Hardware, Other Retail, Data Management, Supply Chain Management, Supermarket, Technology, Specialty, Payments, Food, Beverage, Retail, Cloud, POS, A&W, Growth, Partnership, Enterprise, Commerce, LexisNexis, PAR, A&W Restaurants

This transformative collaboration underscores A&W's dedication to leveraging cutting-edge solutions to drive growth and innovation across its organization.

Key Points: 
  • This transformative collaboration underscores A&W's dedication to leveraging cutting-edge solutions to drive growth and innovation across its organization.
  • "We're excited to expand our partnership with A&W with the addition of Data Central to Brink POS,” said Savneet Singh , CEO of PAR Technology.
  • With PAR Data Central, A&W Restaurants is poised to drive informed decision-making, optimize operations, and enhance customer experiences, solidifying their position as a leader in the restaurant industry.
  • PAR Technology and A&W Restaurants come together to enhance customer experiences by seamlessly integrating PAR Brink POS and PAR Data Central.

Jurny Introduces Hyperefficient, Collaborative AI Multi-Agents to Automate Hotel and Short-Term Rental Management

Retrieved on: 
Tuesday, March 19, 2024
Commercial Building & Real Estate, Security, Construction & Property, Data Management, Technology, Apps, Applications, Lodging, Professional Services, Travel, Venture Capital, Artificial Intelligence, Software, Networks, Internet, Mobile, Wireless, Sales

Jurny , the leading vertical AI solution for automating hotel and short-term rental operations, today announced the public launch of its AI Multi-Agent system.

Key Points: 
  • Jurny , the leading vertical AI solution for automating hotel and short-term rental operations, today announced the public launch of its AI Multi-Agent system.
  • "Our AI Multi-Agent technology marks a turning point for the hospitality industry,” said Luca Zambello, CEO of Jurny.
  • Jurny’s AI agents mimic the collaborative dynamic of a real-world team.
  • For more information about Jurny and its AI Multi-Agent technology, please visit Jurny's website, www.jurny.com .