MIAMI AND QATAR LEAD PROFIT RECOVERY: Miami, Fla., and Qatar led as the major international markets in hotel profit recovery in 2022, according to STR’s full-year P&L data. GOPPAR in both markets exceeded 2019 levels, with the metric touching 155% of the 2019 comparable in Miami. Fueled by the FIFA World Cup, Qatar’s GOPPAR indexed at 152%.
Europe: Paris’ GOPPAR ($173.02) was 123% of its comparable 2019 level. London ($105.17) was the next closest market at 88%. Berlin ($34.67) recaptured just 60% of 2019 GOPPAR.
Middle East: Despite Qatar leading in recovery, Dubai had a higher GOPPAR level ($132.68) and came in a close second in terms of recovery, at 140%. Oman, while improved YOY, posted the lowest recovery at 78% of the pre-pandemic comparable.
Asia Pacific: New Delhi ($51.00) was the only major APAC market to achieve 100% of its pre-pandemic comparable. Singapore ($83.57) and Bali ($49.37) came in at 87% and 81% of the 2019 comparables, respectively.
North America: Following Miami, Toronto’s GOPPAR level ($88.03) was 100 percent of 2019 comparables. San Francisco’s GOPPAR ($50.86) was 41% lower than its pre-pandemic comparable.
South America: Bogota’s GOPPAR came in at $36.83, 106% of the 2019 comparable. Rio de Janeiro ($17.17) saw the next-highest GOPPAR comparison (71%). Lima ($5.74) was only 14% of the pre-pandemic comparable.
THE OTIS IS RENAMED: White Lodging has renamed its new Autograph Collection hotel in San Antonio, Texas, earlier known as The Otis Hotel. Renamed as Plaza San Antonio Hotel & Spa, Autograph Collection, the 253-room hotel is scheduled to open this summer. The new name is a nod to the hotel’s past. The hotel has had “plaza” in its name since it initially opened in 1979 as the Plaza Nacional. The hotel includes three suites, along with the repurposed historic buildings which will house a spa and bungalow suites. A 42-foot-tall Anaqua tree, which was once listed in the American Forestry Associations’ National Register of Big Trees, is integrated into the property. This will be the first Autograph Collection-branded hotel in San Antonio.
THE JUNTO TO OPEN IN MAY: Rockbridge and Makeready have announced that The Junto, the independent lifestyle hotel in Columbus, Ohio, will open in May and has started accepting reservations already. The hotel features 198 rooms and suites overlooking the redeveloped Scioto River, multiple restaurants, a rooftop bar, fitness services and 13,000 square feet of meeting space.
SAGE ADDS TO PORTFOLIO: Denver-based Sage Hospitality Group has added The Pierside Hotel in Santa Monica, Calif., to its portfolio. The Pierside joins the Sage Independent Hotel Collection, bringing the number of fully independent lifestyle properties which Sage operates to 18. The 132-key hotel opened in late January, following a multi-million-dollar reimagination as a premium lifestyle hotel. Sage’s portfolio currently includes more than 110 hotels, restaurants, and entertainment venues across 14 states.
MAMA SHELTER SET TO DEBUT IN AFRICA: Ennismore and ALARGAN International have signed an agreement to launch the Mama Shelter brand in Casablanca, Morocco, the brand’s first in Africa. As a result of a collaboration, Mama Shelter Casablanca will be a part of Saray, ALARGAN International’s first mixed-use project, which will include a hotel and branded private residences. Saray is due to open in 2025. Mama Shelter Casablanca will have 92 rooms and 49 apartments spread across 8,062 square meters. The property will also include a pool, a rooftop lounge, a 140-square-meter meeting room, fitness facilities, and dining options. Ennismore currently has more than 100 operating hotels across 14 brands, with an additional 140 in the pipeline and more than 190 restaurants and bars. Ennismore plans to open 30 hotels this year.