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INDUSTRY REPORT: Hotel Investment Scene in Central & Eastern Europe
July 23, 2020
By Kimberly Yoong Central & Eastern Europe (CEE) may have, in the past, been perceived as a relatively unstable investment region, especially for the risk averse. However, record hotel investment volumes in the last years have proven otherwise, as investors begin looking to hotel real estate in the region, drawn by the relatively higher returns of hotels and more attractive yields compared to western Europe, which are typically more compressed. Expectedly, the ongoing COVID-19 pandemic will significantly affect hotel investment activity in the region, as uncertainty continues to grip the world across industries. Nonetheless, the sec
Hard Rock Hotel New York Celebrates “Topping Out” at Future Times Square Location
Hard Rock | July 23, 2020
HOLLYWOOD, Fla., July 23, 2020 - Hard Rock International, one of the world's most iconic dining, entertainment and hospitality brands, and nationally acclaimed real estate developer Extell Development Company, celebrated their latest construction milestone with a "topping out" ceremony at the site of the future Hard Rock Hotel New York. This achievement marks the completion of the fundamental framework atop the 35th floor terrace of what is soon to be another marquee Hard Rock property. To celebrate this momentous occasion, Hard Rock, Extell and AECOM Tishman representatives hoisted the U.S. flag high above Times Square and hosted a socially
Infor Turns High Touch Into High Tech With New Contactless Applications for Hospitality
Infor | July 23, 2020
Infor helps leading hoteliers implement safer business protocols for guests and staff NEW YORK– July 23, 2020 – Infor, a global leader in business cloud software specialized by industry, today announced a fully contactless suite of applications for the hospitality industry, specifically designed for hotels and resorts, casinos and gaming, restaurants and food services, and event sales and table reservations. With guest and hotel staff safety in mind, Infor Hospitality Cloud Solutions are designed to address hotel operational needs for social distancing and contactless processes – including mobile check-in/check-out, digital keys, and
Ram Hotels Set to Open New 104-Key TownePlace Suites by Marriott in Amarillo, Texas
TownePlace Suites by Marriott | July 23, 2020
Amarillo, TX – July 23, 2020 – The TownePlace Suites by Marriott Amarillo West/Medical Center is scheduled to open for business on Thursday, July 30th. The new 104-suite hotel is built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Amarillo area. Located at 6807 Interstate 40 West, it will operate as a Marriott franchise, owned and managed by Ram Hotels of Amarillo, Texas. All service team members are thoroughly trained on local knowledge and look forward to connecting guests to the local area. The hotel brand’s signature floor-to-ceiling TowneMap® also h
Radisson Hotel Group Adds Six New Hotels in Africa
Radisson Hotel Group | July 23, 2020
CAPE TOWN, South Africa, July 21, 2020 -- Radisson Hotel Group (www.RadissonHotels.com) is proud to announce the addition of six new hotels to its African portfolio, bringing the total to almost 100 hotels across 32 African markets. Building on the recent announcement of its reinforced African development team structure, the announcement of the six new hotels further demonstrates the Group’s commitment to the continent. Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said: “We believe in the vast potential of Africa. The addition of the six hotels, following the announcement of Radisson H
Azul Hospitality Group Opens The Glenmark, Glendale, A Tribute Portfolio Hotel
The Glenmark, Glendale, A Tribute Portfolio Hotel | July 23, 2020
Los Angeles, CA (July 23, 2020) – The Glenmark, Glendale, A Tribute Portfolio Hotel is now open in California. The sophisticated yet approachable hotel will offer an authentic Glendale experience, inspiring social interaction in a playful environment. The first full-service Marriott International hotel in Glendale will feature 85 artfully designed guest rooms; signature restaurant Olia; Mila Rooftop Bar; Intelligentsia Coffee Roasters; a lobby bar; a state-of-the-art fitness center and 7,900 square feet of indoor and outdoor meeting and event space. Renowned Santa Monica-based firm Hirsch Bender Associates was tapped to design the ho
Kimpton Pittman Hotel Appoints Jack Murray as General Manager
the Kimpton Pittman Hotel | July 23, 2020
Kimpton Pittman Hotel is proud to announce Jack Murray as general manager of the forthcoming property. Set to open late Summer 2020, the Kimpton Pittman Hotel is the first hotel to open in Dallas, Texas’ Deep Ellum, a neighborhood known for its vibrant art, food & beverage scene and storied music venues. The property offers 165-guestrooms and over 8,000 square feet of meetings and event space, as well as a chef-curated American tavern, Elm + Good. “We’re honored to welcome Jack as general manager with his expertise and knowledge of the Dallas market,” said Joe Pagone, regional director of operations for Kimpton Hotels & Res
IHG Opens Holiday Inn Express Amsterdam – North Riverside
IHG | July 22, 2020
Today, IHG® Hotels & Resorts announces the opening of Holiday Inn Express® Amsterdam – North Riverside, the largest Holiday Inn Express® in Europe. Located on the northern shore of the IJ-lake, just a short free ferry ride from Amsterdam City Centre, the hotel is a perfect choice for those travelling for tourism or business. Holiday Inn Express is known for catering to smart, savvy travellers who are on the move to their next meeting or connection. A twenty five minute drive from Amsterdam Schiphol Airport and a ten-minute drive from Amsterdam Central Station, the Holiday Inn Express Amsterdam – North Riverside has 438