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đź›’ Embassy Suites Syracuse Changes Ownership

Revenue Optimization Meets Operational Cost Reduction

While your competitors focus solely on room rates, leading Revenue Officers are discovering the hidden RevPAR potential in operational costs. CIRQ+ AI-driven platform can help properties achieve 15-25% RevPAR increases by slashing energy costs up to 30% while commanding premium rates for smart-enabled rooms. All with zero capital investment.

đź›’ Embassy Suites Syracuse Changes Ownership

The Excel Group has acquired Embassy Suites by Hilton Syracuse Destiny USA. This lucrative property, which has 209 rooms, is the only hotel next to Destiny USA, a popular entertainment center. Also, it is easily accessible from the Syracuse university, hospitals, and shopping malls in this area, making this buy a rewarding one for the Excel group  Read more.

🤝 Nectar360 Teams Up with Marriott Bonvoy

Nectar360 will offer personalized promotions tailored to Marriott Bonvoy members. This partnership aims to deepen customer loyalty by leveraging Nectar360's expertise in targeted loyalty campaigns. Read more.

đź’Ą Marriott’s Design Hotels Expands Rapidly 

Design Hotels and its parent company, Marriott International, have increased their portfolio by 10% with the signing of more than 29 properties in 2024 alone. Today, it has more than 300 hotels, including the newly-acquired 10 in the U.S. and 26 in Mexico. Read more.

đź’° Sunstone Hotel Investors Q3 Financial Results

Sunstone Hotel Investors shares Q3 2024 results, highlighting revenue growth amid strategic asset optimization, reflecting higher room demand at key properties. The company continues to reshape its portfolio to align with market shifts and long-term value-creation strategies. Read more.

⬛🟥🟨 Germany’s Hotel Sector Seeks Stability Amid Challenges

Despite economic pressures, Germany's hotel market remains attractive for investors. However, operators are seeking more predictability amid economic and geopolitical fluctuations. Read more.

🔑 Dalata's Sixth London Clayton Hotel Opens

Dalata opens its sixth London Clayton Hotel, focusing on a central location and guest services. This new Clayton Hotel offers over 200 rooms, meeting and event spaces, and dining options. This expansion solidifies Dalata’s commitment to London’s hospitality market. Read more.

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Image source: Syracuse