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Month: March 2025

From Kitchen To Table: Robotics Is Reshaping Hospitality

16 March, 2025 Sofia Hotels

Let me paint you a picture of a typical modern restaurant experience. You and your family sidle up to the hostess stand. Instead of greeting you warmly, the greeter holds up an index finger, telling

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Rosewood Hotels & Resorts® Celebrates Milestone Moment With Opening Of First Standalone Residences In The Heart Of Beverly Hills

16 March, 2025 Sofia Hotels

Rosewood Hotels & Resorts® has launched a monumental chapter in its residential journey with the debut of Rosewood Residences Beverly Hills. A reflection of luxury reimagined, this exceptional property marks the brand's first-ever standalone residential

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WTTC Announces Vice Chair & Founding Partners for “Together in Travel” Initiative to Foster Small Business Growth Across the Global Travel Ecosystem

16 March, 2025 Sofia Hotels

London – The World Travel & Tourism Council (WTTC) today announced Andrea Grisdale, Founder and CEO of IC Bellagio as Vice Chair of its new initiative, Together in Travel, alongside thirteen founding partners. This groundbreaking

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Uzbekistan joins the International Code for the Protection of Tourists

16 March, 2025 Sofia Hotels

The ICPT is a unified global framework designed to protect tourists, particularly in emergency situations, and to safeguard their rights and responsibilities as consumers. By adhering to this code, Uzbekistan reinforces its dedication to enhancing

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386-Key Jumeirah Marsa Al Arab Opens in Dubai

16 March, 2025 Sofia Hotels

Today marks the opening of Jumeirah Marsa Al Arab, the new lifestyle destination situated at the tip of a peninsula on Dubai's most exclusive beach. Seamlessly blending the rich heritage of the region with an

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Trends and Applications of Capitalization Rates and Room Revenue Multipliers for Limited-Service Hotels

16 March, 2025 Sofia Hotels

This article provides an overview of capitalization rates and rooms revenue multipliers, as well as a summary of recent trends for these metrics and their role in the valuation of limited-service hotels. U.S. Hotel Appraisals

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UN adopts new tourism employment indicator to guide efforts towards the SDGs

15 March, 2025 Sofia Hotels

Endorsed at the 56th session of the UN Statistical Commission, this landmark decision means that—for the first time—global data on tourism employment will be systematically monitored within the SDG monitoring process. It also increases the

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Les Roches and Glion Reaffirm Global Leadership and Excellence in Hospitality Education with Top Rankings in QS World University Rankings 2025

15 March, 2025 Sofia Hotels

Lausanne, 12th March 2025 – The QS World University Rankings by Subject 2025 have once again recognized Les Roches and Glion Institute of Higher Education as two of the world’s leading institutions in hospitality and

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Sotherly Hotels Reports Strong 2024 Growth with Revenue Surge and Strategic Expansions in the U.S. Hospitality Market

15 March, 2025 Sofia Hotels

Home » HOTEL NEWS » Sotherly Hotels Reports Strong 2024 Growth with Revenue Surge and Strategic Expansions in the U.S. Hospitality Market Thursday, March 13, 2025 Sotherly Hotels Inc. (NASDAQ: SOHO), a leading self-managed lodging

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DigiPlus wins gold for excellence in corporate reporting

15 March, 2025 Sofia Hotels

 DigiPlus Interactive Corp. (DigiPlus), the pioneer in digital entertainment in the Philippines and the company behind leading brands BingoPlus, ArenaPlus, SpinPlus, and GameZone, has been awarded Gold for Asia’s Best Integrated Report: First-time Category at

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