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Hospitality Net
08-05-2025
- Business
- Hospitality Net
Cendyn and Amadeus Report Strong Growth Metrics for U.S. Events
Cendyn, a global integrated hotel technology and services company, and Amadeus, a leading technology provider for the travel industry, today released metrics from the companies' Hospitality Group and Business Performance Index (the 'Index'). The overall health index reached the highest level in four quarters. The aggregated Index reflected performance for all segments – Group, Corporate Negotiated, GDS, and Events – and shows 1Q2025 achieved 109.1 percent compared to 2024. Top overall health index markets include: Louis 121.0 percent Philadelphia 1 percent New Orleans 9 percent New York City 6 percent Tampa 6 percent Austin 0 percent Phoenix 0 percent Chicago 3 percent Houston 8 percent Miami 8 percent In addition, the top growth markets specific to Group performance were New Orleans (156.4 percent), Philadelphia (124.3 percent), Washington D.C. (118.5 percent), San Francisco (112.9 percent), and Chicago (112.5 percent). The Index combines event data from Knowland by Cendyn with hotel booking data from Amadeus' Demand360® business intelligence solution to provide aggregate views of the key drivers of hotel performance. The aggregated index reflects performance or 'health' for all segments – Group, Corporate Negotiated, Global Distribution System (GDS), and Events. It offers filters for event market segments and booking industries, empowering hoteliers, destination marketing organizations, and convention and visitor bureaus to adapt strategies effectively. Key insights from the Index are as follows: Overall health index once again reaches highest level in four quarters. The aggregated Index reflects performance for all segments – Group, Corporate Negotiated, GDS, and Events – and shows that 1Q2025 achieved 109.1 percent compared to 2024. The aggregated Index reflects performance for all segments – Group, Corporate Negotiated, GDS, and Events – and shows that 1Q2025 achieved 109.1 percent compared to 2024. Strong group performance continues. The Group Index was at 107.4 percent due to a 2.6 percent increase in room nights and a 4.7 percent increase in average daily rate (ADR) with ten consecutive quarters of growth. The Group Index was at 107.4 percent due to a 2.6 percent increase in room nights and a 4.7 percent increase in average daily rate (ADR) with ten consecutive quarters of growth. Indirect channels show ongoing growth. Overall, GDS grew again this quarter, at 109.5 percent, compared to Q1 last year. This was due to a 7.4 percent increase in room nights and a 2.0 percent increase in ADR. Overall, GDS grew again this quarter, at 109.5 percent, compared to Q1 last year. This was due to a 7.4 percent increase in room nights and a 2.0 percent increase in ADR. Negotiated performance increases. The Negotiated Index score was 104.8 percent due to a 1.2 percent increase in room nights and a 3.5 percent increase in ADR. The Negotiated Index score was 104.8 percent due to a 1.2 percent increase in room nights and a 3.5 percent increase in ADR. Events lead in growth. The highest segment and almost equivalent to last quarter's volume, event volume was 114.6 percent versus the same period the previous year. The highest segment and almost equivalent to last quarter's volume, event volume was 114.6 percent versus the same period the previous year. Meetings spur growth opportunities. Hotels of all sizes experienced growth in Q1 due to the meetings and events industry. The average attendee size held steady at 146 guests. The average space used was higher than in Q4 2024, moving from 3,410 to 4,186 St. Louis meeting volume was the highest, at 171.8 percent, Austin was 131.1 percent, and Philadelphia was 129.6 percent. Download the full report By using industry-leading data from Knowland by Cendyn and Amadeus' Demand360®, along with the industry-leading sales and catering solution, Amadeus' Delphi®, hoteliers can develop precise, data-driven strategies to boost group sales and efficiently manage the entire process from lead to event execution. About the Hospitality Group & Business Performance Index methodology The Hospitality Group & Business Performance Index uses a multi-factor weighting system that balances metrics such as group, corporate transient, and GDS room nights with average daily rate (ADR) performance. Each factor is averaged to provide a final index score, ensuring a more accurate overall performance assessment. ABOUT CENDYN Cendyn is a global hospitality cloud-based technology company that enables hotels to drive revenue, maximize profitability, and create deeper connections with guests through its integrated solutions. Serving hoteliers for nearly 30 years, Cendyn drives commercial success for hotels through its Find, Book, Grow promise: find the right guests, drive them to book direct, and grow loyalty and revenue across the spectrum of digital guest interactions. Cendyn has over 35,000 customers worldwide in more than 150 countries generating more than $20 billion in annual hotel revenue. The company supports its growing customer base from locations across the globe, including the United States, France, the United Kingdom, Singapore, Bangkok, and India. To find out more, visit Kim Dearborn View source
Yahoo
06-05-2025
- Automotive
- Yahoo
What changes are coming to the Kansas Avenue Bridge in 2026?
Context: The above video initially aired on April 30, 2025. TOPEKA (KSNT) – Transportation officials are gearing up to make some improvements to a major bridge in Topeka next year along with some permanent changes to it as part of a larger project. 27 News reached out to the City of Topeka this week for details on what will happen to the Kansas Avenue Bridge in 2026. Workers are currently planning to make some big changes to it as part of the $239 million Polk-Quincy Viaduct (PQV) project that is set to last into 2027. Many local drivers now rely on the Kansas Avenue Bridge for their daily commutes after the Topeka Boulevard Bridge closed earlier this year. However, areas around the bridge will be impacted by the PQV project next year with the complete closure of I-70 as KDOT rebuilds the viaduct. Topeka ice hockey team name chosen Amanda Knowland with the City of Topeka said the Kansas Department of Transportation (KDOT) will close Kansas Avenue from First Street to Third Street during the second phase of the PQV project. The second phase will begin once work wraps up on this year's projects in December at which point the Topeka Boulevard Bridge will be reopened to traffic. Knowland said work crews will reconstruct pavement from the north side of First Street and Kansas Avenue to the Kansas Avenue bridge abutment. Workers will also replace the bridge expansion joint at the Curtis Flyoff. Locals will also find the bridge will have some other changes made to it in the years ahead. By the end of the project on Kansas Avenue's bridge, part of it will no longer be available to traffic. 'Conversion of the outside southbound lane of the Kansas Ave. Bridge to southbound and northbound pedestrian/bicycle-only use is part of the larger PQV project,' Knowland said. 'This conversion process is expected to occur during a later portion of phase 2.' Topeka optometrist to retire after 37 years, office set to close The Kansas Avenue bridge crosses over the Kansas River, connecting the downtown area to north Topeka. (Photo By: Nate Tacey) Topeka drivers will also need to keep an eye out for some other nearby projects that will get started in 2025 and 2026. Knowland said the Branner Bridge in the Oakland/east Topeka area will be shut down for the replacement of expansion joints and pavement from Southeast Third Street to a short distance north of Northeast Atchison Avenue. City workers will also begin a rehabilitation project on Southeast Sixth Street from Golden Avenue to Rice Road in 2025-2026. Knowland said work is also planned for Sixth Street between Rice Road and Deer Creek in 2025 along with from Deer Creek to Golden Avenue in 2026. She said Southeast Sixth Street will stay open to traffic during this project. Dillons offers 5% off discount at Kansas stores on Wednesday For more Polk-Quincy Viaduct construction news, click here. Keep up with the latest breaking news in northeast Kansas by downloading our mobile app and by signing up for our news email alerts. Sign up for our Storm Track Weather app by clicking here. Follow Matthew Self on X (Twitter): Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to KSNT 27 News.
Bloomberg
05-03-2025
- Business
- Bloomberg
Citi UK Private Bank Head Knowland to Depart After 20 Years
Jeremy Knowland, the head of Citigroup Inc. 's private bank in the UK, is leaving the Wall Street giant after about two decades, the latest in a series of leadership changes for its wealth business. Knowland had recently become a senior manager for Citigroup's wealth business in Britain in addition to his role as head of the private bank for the UK and British crown dependency of Jersey, according to a memo to staff seen by Bloomberg. Citigroup will post Knowland's role as it looks for his successor, the memo states.
