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Hotel Indigo Detroit Opens Doors Following $10 Million Transformation
Pyramid Hotel Group | August 24, 2020
DETROIT — The doors are now open at Hotel Indigo Detroit following a $10 million, two-year transformation to infuse the spirit of Motown and the Motor City into every step of the guest experience, from the first step into the upbeat lobby to a new-concept restaurant and the lyrical, harmonious guestrooms. Located at 1020 Washington Street in the heart of downtown Detroit, Hotel Indigo is perfectly situated for business and leisure travelers, just minutes from Detroit’s main attractions. The newly refreshed property includes 241 renovated guest rooms and over 1,700 square feet of meeting space featuring locally inspired decor paying tri
Sandpiper Lodging Trust Acquires Two Candlewood Suites Hotels in South Carolina
Sandpiper | August 24, 2020
(Richmond, Va. - August 24, 2020) – Sandpiper Lodging Trust (“SLT”) is pleased to announce its acquisition of two Candlewood Suites Hotels located in North Charleston and Bluffton, South Carolina from DC Hospitality. Both properties are mid-scale extended stay hotels located in two dynamic hospitality markets. Terms of the transaction were not disclosed. Carter Rise, CEO of SLT, stated, “We are extremely excited to add these two hotels to the Sandpiper Lodging Trust portfolio. We have targeted the Charleston and coastal South Carolina market as an area with exciting long-term demographic advantages, and we are pleased to be a
Calistoga’s Iconic Dr. Wilkinson’s Hot Springs Resort Reveals Details of Major Transformation
Dr. Wilkinson’s Backyard Resort & Mineral Springs | August 24, 2020
Calistoga, Calif. (August 24, 2020) – Co-Proprietors Robert Kline and Maki Nakamura Bara, and the San Francisco-based hotel investment firm, The Chartres Lodging Group, today announced details of the upcoming total transformation of Calistoga’s historic Dr. Wilkinson’s Hot Springs Resort into Dr. Wilkinson’s Backyard Resort & Mineral Springs, a reimagined experiential destination for living happy and healthy in Wine Country, slated to debut in fall of 2020. Beloved since 1952 for its uniquely Calistoga spirit and innovative mud bath treatments crafted by pioneering wellness experts “Doc” and Edy Wilkinson, the resort will main
Jackson Hole’s Snow King Resort Completes Multi-Million Dollar Room Remodel
Snow King Resort | August 24, 2020
Jackson, Wyoming (August 2020) – Nestled at the base of Snow King Mountain and considered one of Jackson’s premier destination resorts with Instagram-worthy scenic views, Snow King Resort recently completed an extensive $6 million remodel to the property’s 203 guest rooms and suites. General Manager Gregg Fracassa made the announcement. The recent transformation, which commenced in October 2019 and completed in June 2020, showcases a completely new design that included a refreshed color palette that is woven throughout the fabric choices and wall color, the addition of upgraded furniture and surface finishes, carefully chosen artwo
U.S. Hotel P&L Turned Positive in July
STR | August 24, 2020
BROOMFIELD, Colorado—U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February, according to STR‘s latest monthly P&L data release. In a year-over-year comparison with July 2019, the industry reported the following: GOPPAR: -93.3% to US$5.74 TRevPAR: -74.1% to US$60.04 EBITDA PAR: -115.1% to US$-9.24 LPAR (Labor Costs): -64.8% to US$28.46 The industry had registered negative GOPPAR values for four consecutive months: March (US$-2.10), April (US-$17.98), May (US$-10.26) and June (US$-5.89). “As the industry inched closer to 50% occup
Virgin Hotels Las Vegas Meets Construction Timelines
Virgin Hotels Las Vegas | August 24, 2020
LAS VEGAS – Virgin Hotels Las Vegas, part of Curio Collection by Hilton™ will intermix a passion for food and beverage with music and culture. “Construction of Virgin Hotels Las Vegas remains on schedule and the operations team is expected to receive the keys to the property in early November,” stated Richard “Boz” Bosworth, President and CEO of JC Hospitality, owner of Virgin Hotels Las Vegas. “However, due to current COVID-19 regulations, market conditions and recent event and convention cancellations, the ownership group is carefully evaluating the previously announced Fall 2020 opening date. The ownership group expects
Marriott, Shreeji Hotel Group Break Ground on SpringHill Suites by Marriott Hotel in West Charlotte, LakePointe Near Charlotte Airport
Shreeji Hotel Group | August 24, 2020
Charlotte, NC – Marriott International Inc. (NASDAQ: MAR) and Charlotte-based Shreeji Hotel Group have partnered to break ground this week on a 126-room hotel near Charlotte Douglas International Airport. The flag, SpringHill Suites by Marriott, is the largest all-suites upscale hotel brand in North America, featuring modern décor and a refreshing customer experience. “The decision to partner with this brand felt natural, with the Marriott team working seamlessly alongside us to bring this project to life. SpringHill Suites by Marriott is a versatile brand that can simultaneously serve the high corporate demand and transient airport
MMGY Global Declares “Stretch Season” an Extension of Summer Travel Into Fall
MMGY Travel Intelligence | August 24, 2020
NEW YORK (August 24, 2020) – The tourism industry has been rapidly transforming and adapting as travel seasonality and consumer trip-planning behavior have changed due to the COVID-19 pandemic. MMGY Global – the world's leading integrated marketing company specializing in travel, tourism and hospitality – has identified an opportunity to help bolster the travel industry and help Americans get back lost vacation time with “Stretch Season,” extending the traditional summer travel season well past Labor Day into fall. There is huge pent-up travel demand, and as Americans become more comfortable with venturing out, combined with the co