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Marriott, Hilton and IHG Comprise 68% of Projects in U.S. Hotel Construction Pipeline
Lodging Econometrics | October 28, 2020
October 28, 2020 – PORTSMOUTH, NH - In the recently released quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of the third quarter of 2020 are Marriott International with 1,390 projects/184,450 rooms, followed by Hilton Worldwide with 1,351 projects/155,626 rooms, and InterContinental Hotels Group (IHG) with 873 projects/89,375 rooms. Combined these three companies account for 68% of the projects and 66% of the rooms in the total pipeline; roughly the same percentage it’s been quarter-over-quarter throughout 2020. Hilt
Twin River Acquires Operations of Tropicana Evansville Casino from Caesars for $140M
Twin River | October 28, 2020
PROVIDENCE, R.I., Oct. 27, 2020 - Twin River Worldwide Holdings, Inc. (NYSE: TRWH) today announced that it has entered into an agreement to acquire the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR) for $140 million. As a result of the transaction structure, Twin River will make the acquisition without any cash outlay. As part of the acquisition, Gaming and Leisure Properties, Inc. ("GLPI"), a publicly traded gaming-focused real estate investment trust ("REIT"), will acquire the Evansville casino real estate for $340 million and lease it back to Twin River for $28 million/year in rent, subject to e
Hilton Signs With Referência Arrojada to Open First Tapestry Collection Hotel in Portugal
MERCAN Group of Companies | October 28, 2020
PORTO, Portugal - Hilton (NYSE: HLT) today announced an agreement to open Sé Catedral Hotel Porto, Tapestry Collection by Hilton – a unique 77-room property that will bring an exciting new guest experience to Portugal’s second-largest city. The hotel is owned by Referência Arrojada SA, a subsidiary of Mercan Group of Companies, and will operate under a franchise agreement with Hilton, with the opening planned for early summer 2021. It will be Portugal’s first Tapestry Collection property. Patrick Fitzgibbon, Senior Vice President, Development, EMEA, Hilton said: “Sé Catedral Hotel Porto will be an impressive debut for Tapestry C
How to Better Manage Conference and Banqueting When It Returns
HotStats | October 28, 2020
Let’s face it: Even discussing conference and banqueting business right now drips of tone deafness. We get it: There’s not much of it on the books. According to HotStats data, year-to-date revenue from conference and banqueting is down 72% to $8.38 per available room compared to the same period last year. The days of the iced-over raw bar are over, for now. The regret is that conference and banqueting, based on normal times, has the potential to bring in a heaping helping of revenue. One study by Oxford Economics saw that eventgoers spent $38 billion in direct sales in 2016. Those events also generated 300 million room nights.
Alila Marea Beach Resort Encinitas Appoints Claudette Zepeda as Executive Chef
Alila Marea Beach Resort Encinitas | October 28, 2020
ENCINITAS, Calif. (October 28, 2020) – Alila Marea Beach Resort Encinitas today announced San Diego-based James Beard Award semifinalist Claudette Zepeda as Executive Chef. In this role, she will oversee the opening of multiple food & beverage concepts and lead the culinary team at the highly anticipated hotel that is slated to open in early 2021. Located in one of Southern California’s most iconic seaside towns along the coastal bluffs, the opening of the 130-room Alila Marea Beach Resort Encinitas will mark a significant milestone, as the Alila brand’s first new-build resort in the Americas and only the second Alila property in
More Hotel Mogel: Essays in Hotel Marketing & Management
Larry Mogelonsky | October 28, 2020
The COVID-19 pandemic represents a watershed moment for hotels around the world. Weathering the short-term consequences of a global travel shutdown required a deft hand in management, while navigating any organization toward success in the recovery period demands even more intellect and creativity. There are now so many new challenges facing the hospitality industry and the situation is changing almost every day. With technology playing a pivotal role in the hotel of the future, all managers must also have a firm grasp of how each platform and device works in order to determine what is best for their organizations while still operating on
Delta Hotels by Marriott Dallas Southlake Appoints Enam Chowdhury as Executive Chef and Director of Food and Beverage
Delta Hotels by Marriott Dallas Southlake | October 28, 2020
SOUTHLAKE, Texas (Oct. 28, 2020) – Delta Hotels by Marriott™ Dallas Southlake announced today that Enam Chowdhury has been appointed Executive Chef and Director of Food and Beverage for the Sky Creek Kitchen + Bar. This announcement is culminating with the highly charged buzz around town that “Father of Southwestern Cuisine” Dean Fearing collaborated with Chowdhury on the development and design of the hotel’s signature Sky Creek Kitchen + Bar. This includes Fearing’s signature influences on restaurant menus, brunches, weddings and special events. Scheduled to open in late November, the Delta Hotel by Marriott Dallas Southlak
Support Grows for Hotel Industry’s Safe Stay; Former CDC, WHO Official, & Infectious Diseases Society of America Endorse Guidelines
AHLA | October 28, 2020
Washington (October 28, 2020) — Support for the American Hotel & Lodging Association’s (AHLA) Safe Stay initiative continues to grow with endorsements coming from leading scientists, physicians and public health experts in epidemiology and infectious disease. The new endorsements come from the Infectious Diseases Society of America, the Association for Linen Management which represents the personnel involved in the textile care industry, as well as a certified industrial hygienist and former infectious diseasesepidemiologist with the U.S. Centers for Disease Control (CDC) and Prevention and World Health Organization