Hotels

DPRD asks Disdikbud to ban schools from holding farewell events in hotels

Banjarmasin (ANTARA) – Commission IV for Welfare and Education of the DPRD of South Kalimantan Province (Kalsel) has asked the Education and Culture Service (Disdikbud) to prohibit schools from holding farewells in hotels or buildings where financing burdens students. Secretary of Commission IV DPRD South Kalimantan Firman Yusi DPRD in Banjarmasin, Wednesday, said the issue was related to the approaching school graduation for the 2023/2024 academic year. Also read: South Kalimantan Department of Education and Culture recommends pjj for SMA/SMK and special schools “Disdikbud at both provincial and district/city levels should not give permission to schools that want to hold… Read More
Hotels

Host hotels CEO sells shares worth over $3.1 million By Investing.com

© Reuters. Host Hotels & Resorts, Inc. (NASDAQ:HST) President and CEO James F. Risoleo has recently sold a significant number of company shares, according to the latest SEC filings. On March 20, Risoleo sold 150,000 shares of common stock at a weighted average price of $20.7769, totaling over $3.1 million. The transactions were executed in multiple parts, with prices ranging from $20.69 to $20.89 per share. The sale has adjusted Risoleo’s direct ownership in the company to 2,225,577 shares following the transaction. This move comes amid Host Hotels & Resorts’ ongoing business activities in the real estate investment trust sector,… Read More
Hotels

The Leinster opens as Dublin’s first hotel in the luxury lifestyle category

The Leinster is located just off Merrion Square, among the art galleries, design studios and museums at the heart of Georgian Dublin. A new lifestyle hub Making its debut this month, Dublin’s new destination hotel, The Leinster, is now welcoming guests into its 55 stylish rooms and suites, and public spaces including the Jean – Georges rooftop restaurant and The Collins Club. The latest addition to Dublin’s growing hospitality scene aims to become a go-to for both hotel guests and locals. The hotel has been designed by Dublin’s ODAA, Henchion Reuter Architects and O’Donnell O’Neill Design to fuse classic architecture… Read More
Hotels

Revenues matrix remains firm for Hotels in February: 11MFY24 average room revenue growth in double digits

Indian Hotels Co , Lemon Tree Hotels , EIH Ltd, Chalet Hotels share prices have seen gains of 73-127 % over last one year. Even for Juniper Hotels the gains stand at around 26.5% even since its listing in February. The hospitality industry received a lot of attention during the recent past and was for the correct reasons. Travel demand has continued to increase post-COVID led restrictions continued to ease and India’s strong travel theme continued to play and is still strong. The past six months have seen large events as G-20 meet, cricket world cup followed by holiday and… Read More