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Management Consultants, Inc. to Build New Red Lion Ridgewater Inn & Suites Polson in Montana
RLHC | December 29, 2014
Spokane, Wash., Dec. 29, 2014 – RLHC (Red Lion Hotels Corporation, NYSE: RLH) announced today that a new construction Red Lion Ridgewater Inn & Suites Polson in Montana is set to be completed in June 2015. The company has signed a franchise agreement with a Montana developer who broke ground on the property in November. "The Red Lion name is synonymous with hospitality," said Mike Johnson, President of Management Consultants, Inc., and developer of the future Red Lion Ridgewater Inn & Suites Polson. "We are excited about adding the Red Lion name to our portfolio because we believe that this brand's business model will continue
U.S. Travel and Tourism Reports 18 Consecutive Quarters of Growth in Related Employment
December 29, 2014
The U.S. Department of Commerce recently announced that real spending on travel and tourism decelerated in the third quarter of 2014, increasing at an annual rate of 1.3 percent after increasing 3.3 percent (revised) in the second quarter. Real gross domestic product (GDP) also decelerated, increasing 3.9 percent (second estimate) in the third quarter after increasing 4.6 percent. The leading contributors to the deceleration in the third quarter were "passenger air transportation," and "recreation and entertainment." "Passenger air transportation" turned down, decreasing 7.2 percent in the third quarter after increasing 11.1 percent in
Hotel Management Pioneer Chuck Marshall Dies Unexpectedly at 74
Marshall Hotels & Resorts, Inc. | December 29, 2014
Focused on "Hands-on" Management to Become Leading National Operator SALISBURY, Md., December 29, 2014-Charles "Chuck" Marshall, founder and chairman emeritus of Marshall Hotels & Resorts, died unexpectedly December 27 at age 74, following complications related to a stroke . Marshall founded the company in 1980 at a time when third-party hotel management was in its infancy. Beginning initially as a developer/syndicator with three hotels, he expanded the company to more than 60 hotels and resorts ranging from upper upscale to limited-service. Following a significant shift in tax laws in the late 1980s, Marshall turned his company's a
Strong Average Daily Rates Bring Hotels Holiday Cheer
TravelClick, Inc. | December 29, 2014
Maximizing RevPAR will be Priority for Hoteliers in 2015 NEW YORK - December 29, 2014 - Hotels in major North American markets experienced positive growth in both rate and occupancy across most travel segments according to data from the December 2014 TravelClick North American Hospitality Review (NAHR). With average daily rate (ADR) growth of 4.6 percent for the next 12 months, hoteliers will be ringing in 2015 with a strong and profitable start. "The upward pricing momentum that began in 2014 is continuing into the New Year," said John Hach, Senior Vice President, Global Product Management at TravelClick. "While there is cause for cele
Richard Maladecki, President & CEO of CFHLA: Redeveloped Properties Lift Orlando’s Lodging
December 29, 2014
Dec. 29--Richard Maladecki is the president and chief executive officer of the Central Florida Hotel and Lodging Association. The group, which aims to advance the region and its tourism through hospitality, includes a membership of Central Florida lodging accommodations and the executives associated with them. Maladecki spoke recently with Sentinel tourism reporter Caitlin Dineen. How was the year for hotels around here? 2014 was another positive year for the Central Florida lodging industry relating to hotels and time shares and even vacation rental homes. We saw an increase of occupancy; I think it will go down to that 3 to 4 percent
Time-shares Becoming Larger Part of Disney’s Lodging Portfolio
December 29, 2014
Dec. 29--Time-share suites are becoming a larger part of Walt Disney World's lodging portfolio. The resort's number of hotel rooms has shrunk as its Polynesian Village Resort converts rooms in three of its buildings into 360 new time-share villas. It's the resort's largest-ever conversion of hotel rooms into units for its growing Disney Vacation Club. Disney said in a statement it will continue to offer a wide variety of both hotel and vacation-club accommodations "to meet guest and market demand for expanded options." Disney's move can help it get more use out of its rooms while growing its time-share business more quickly and inexpens
Chinese Hoteliers Looking to Outside Expansion for Business Growth
December 29, 2014
Dec. 29--BEIJING (China Daily/ANN) -- China's express or mid-range hotel brands are rapidly expanding across Asia, propelled by the impressive growth of Chinese outbound tourism. In 2011, Jinjiang Inn, a major express hotel brand founded in 1996 in Shanghai, took a step toward overseas expansion through partnership with Oishi, a Philippines-based company best-known for its snack brands. This marked the first overseas Chinese express hotel to be built on a grand scale. In January 2014, Jinjiang Inn granted a franchise to Maspion Group, an Indonesian company, which became the fourth offshore location of Jinjiang as it expanded its oversea
Value Place and Bhattal Enterprises to Build a 124-key Hotel in Bakersfield, California
December 29, 2014
Dec. 29--Value Place, an extended-stay hotel brand, has signed an agreement to build a 124-unit, four-story hotel in Bakersfield. The expansion, announced Monday by Value Place, will be with Bhattal Enterprises, a Bakersfield company already operating fast food restaurants and gas stations in the area. Ajit Bhattal, the company's president, could not be reached Monday. A news release from Value Place did not specify the location of the Bakersfield site, but said it expected to break ground in early 2015. It will be the state's second Value Place location after Sacramento. "I was attracted to Value Place because it complements my existin