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November 4th, 2024
$20 million in Upgrades Creates New Hotel for the 25 Year Old Hyatt Regency Miami / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive $20 million in Upgrades Creates New Hotel for the 25 Year Old Hyatt Regency Miami Miami (July 23, 2007) - The Hyatt Regency Miami is undergoing a $20 million facelift, which will make it the newest hotel in downtown Miami. We will be celebrating our 25th anniversary this year, and these changes could not come at a more appropriate time because Miami has become one of Americas most in- demand cities, said General Manager Gino Caliendo. Our new contemporary hotel will have a luxury residential feel and has been developed to provide our fast-moving clientele with ...
The Hotel Roanoke & Conference Center Seeking Memorabilia for Display for 125th Anniversary / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive The Hotel Roanoke & Conference Center Seeking Memorabilia for Display for 125th Anniversary ROANOKE, Va. (July 10, 2007) The Hotel Roanoke & Conference Center celebrates its 125th anniversary later this year with 125 days of celebration that will include special events and exhibits open to the public in recognition of the hotels historical, social and economic significance to southwest Virginia. As the communitys social centerpiece since the birth of Roanoke in 1882, the Hotel Roanoke, a Doubletree® hotel, is planning events to pay tribute to the community...
March 30, 2007
Hotel Online News for the Hospitality Executive Hotel Plus Celebrates HITEC Success . Companies were delighted to discover that our whole business strategy revolves around methods of increasing a hotels cash flow . [June 29 2007 Orlando, Fl] - Hotel Plus representing the technological vanguard of online revenue generation, marketing and distribution is celebrating its attendance at HITEC this year. The Hospitality Industry Technology Exposition & Conference (HITEC www.HITEC.org), took place in Orlando, Florida from June 25-28. HITEC saw a unique combination of top-notch hospitality technology education, le...
Amidee Capital Group Acquires the 193 room Ramada Niagara Hotel at Auction for $4.6 million / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive By Denise Jewell, The Buffalo News, N.Y.McClatchy-Tribune Regional News Jul. 19, 2007 - NIAGARA FALLS -- The 12- story former Hotel Niagara on Rainbow Boulevard sold at auction Wednesday for $4.6 million -- double the price the 193- room hotel sold for two years ago. A Houston couple with plans to bring grandeur back to the building bought the hotel during an auction in which bidding rose by $4 million in 10 minutes. The auctioneer described the city as undergoing a "renaissance." "This hotel has a lot of history, ...
March 30, 2007
By David M. Brudney, ISHC, July 2007 Two items caught my attention this month. One was the announcement of Marriott teaming up with Ian Schrager to co-develop a new boutique hotel brand. The other was the 40th anniversary of the Hyatt Regency Atlanta. Ill try to connect the dots here. I was just graduating from hotel Sales neophyte when the much-heralded Hyatt Regency came on the scene. It was a time long before management contracts and asset management came in vogue, back when hotel chains owned mostly what they managed. I remember Chuck Grigsby, the Regency Atlantas D.O.S. at that time, working the room at all the in...
New Edition of Hospitality Today Textbook Now Available / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive New Edition of Hospitality Today Textbook Now Available LANSING, Mich., July 2007The American Hotel & Lodging Educational Institute (EI) has published the sixth edition of the best-selling textbook, Hospitality Today: An Introduction, written by Rocco M. Angelo, CHA, and Andrew N. Vladimir, CHE. The hardcover textbook includes full-color photos and images throughout that showcase the excitement and diversity of todays hospitality industry. New examples, exhibits, updated hospitality statistics, and Internet references provide readers with the ...
Rolled Out by the Former Promus Cos. in 1989, Hilton's Homewood Suites Brand Reaches 200th Hotel / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive By David Flaum, The Commercial Appeal, Memphis, Tenn.McClatchy-Tribune Regional News Jul. 17, 2007 - It took 18 years for Memphis-based Homewood Suites to open its 200th hotel just last month. In only two more years, the number should grow by half as Homewood rides the crest of upscale extended stay (five days or more) hotel popularity and looks beyond U. S. borders. "The segment itself is very strong," said Rebecca Wyatt, senior vice president of brand management for Homewood, owned by Hilton Hotels Corp. Wyatt sc...
Eco-friendly Lifestyle Hotel Mixed Use Project in Hollywood, California Closes Financing / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Eco-friendly Lifestyle Hotel Mixed Use Project in Hollywood, California Closes Financing By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com 9 July 2007 - Today, JMBM issued a press release announcing that its Global Hospitality Group® closed the senior debt portion of the capital stack on one of the largest single hotel mixed-use projects in the country -- and one bound to be a "Green" project at that! The complex construction loan transaction was for JMBM client, HSH Nordbank AG, a leading credit institution headquartered in Hamburg, Germany, and particularly...
Hilton Hotels Corporation to Be Acquired by Blackstone Investment Funds; No Significant Divestitures Envisaged As a Result of Transaction / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Hilton Hotels Corporation to Be Acquired by Blackstone Investment Funds; No Significant Divestitures Envisaged As a Result of Transaction BEVERLY HILLS, Calif. - July 3, 2007 - Hilton Hotels Corporation (NYSE:HLT) announced today that it has entered into a definitive merger agreement with The Blackstone Groups (NYSE:BX) real estate and corporate private equity funds in an all-cash transaction valued at approximately $26 billion. Under the terms of the agreement, Blackstone will acquire all the outstanding common stock of Hilton for $47.50 per share. The price represen...
Hilton Hotels Corp., With a Long History in Chicago, Purchased by the Blackstone Group LP in a Deal Valued at About $26 billion / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Hilton Hotels Corp., With a Long History in Chicago, Purchased by the Blackstone Group LP in a Deal Valued at About $26 billion By Kathy Bergen, Chicago TribuneMcClatchy-Tribune Regional News The Associated Press contributed to this report July 4, 2007 - Hilton Hotels Corp., a global behemoth with a strong presence and long history in Chicago, will be purchased by the Blackstone Group LP in a deal valued at about $26 billion, the companies said Tuesday. The deal is a testament to the unbridled buying spree sweeping through the private-equity market. Blackstone, wh...
Hersha Hospitality Trust Acquires the 70-room Hotel 373 in Midtown Manhattan for $28.0 million / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Hersha Hospitality Trust Acquires the 70-room Hotel 373 in Midtown Manhattan for $28.0 million PHILADELPHIA - July 5, 2007 - Hersha Hospitality Trust (AMEX: HT), owner of nationally franchised premium full service and limited service hotels, today announced several transactions in the metro New York City market. On June 1, the Company finalized the acquisition of the newly opened 70-room Hotel 373, located at 373 Fifth Avenue at 35th Street, in midtown Manhattan for $28.0 million. The hotel will be managed by Hersha Hospitality Management, L.P. As part of the tran...
The Hay-Adams is Ranked Among the Top 100 Hotels in the Continental United States and Canada; Recognized for Excellence by Travel + Leisure Magazine,
March 30, 2007
Hotel Online News for the Hospitality Executive The Hay-Adams is Ranked Among the Top 100 Hotels in the Continental United States and Canada - Recognized for Excellence by Travel + Leisure Magazine, it is the Only Washington, D.C. Hotel to Earn the Distinction . (Washington, D.C.) July 26, 2007 - The Hay-Adams, one of the world's leading luxury hotels, located across from The White House, was named one of the Top 100 hotels in the Continental United States and Canada by Travel + Leisure magazine in its Worlds Best Hotels 2007 Awards. The complete list of winners is contained in the magazines August, 2007, issue...
The Harlingen (TX) Lodging Association Seeking the $462,836 Contract Currently Awarded to the Harlingen Convention and Visitors Bureau; Upset with C
March 30, 2007
Hotel Online News for the Hospitality Executive By Daisy Martinez, Valley Morning Star, Harlingen, TexasMcClatchy-Tribune Regional News July 14, 2007 - --HARLINGEN -- The Harlingen Lodging Association is seeking the contract currently awarded to the Harlingen Convention and Visitors Bureau to market the city. The association, made up of 16 of the 17 hotels in the city, is asking for the contract worth approximately $462,836 for fiscal year 2006-2007. Representatives of the association said they want to market Harlingen and their business themselves rather than have the "non-ex...
Host Hotels & Resorts Reports 2nd Qtr 2007 Profit Falls to $149 million from $330 million in Previous Year / Hotel Operating Data / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Host Hotels & Resorts Reports 2nd Qtr 2007 Profit Falls to $149 million from $330 million in Previous Year Hotel Operating Data BETHESDA, Md., July 18, 2007 - Host Hotels & Resorts, Inc. (NYSE: HST), the nation's largest lodging real estate investment trust (REIT), today announced its results of operations for the second quarter ended June 15, 2007. -- Total revenue increased $210 million, or 17.8%, to $1,391 million for the second quarter and $422 million, or 21.0%, to $2,428 million for year-to-date 2007. Excluding the revenues for the ...
Hospitality Properties Trust Sells 18 Homestead Hotels For $205.35 Million / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Hospitality Properties Trust Sells 18 Homestead Hotels For $205.35 Million NEWTON, Mass - Hospitality Properties Trust (NYSE: HPT) today announced that it has sold 18 Homestead Studio Suites hotels (2,399 rooms) for $205.35 million. HPT expects to recognize a gain on this sale of approximately $95 million. HPT purchased these 18 hotels in 1999 from Homestead Village, Inc. (which was then a publicly owned company) for $145 million. The expected gain reflects depreciation expense realized by HPT since 1999. Simultaneous with this purchase, these hotels were leased by ...
LaSalle Investment Management Appoints Accor to Manage the Majestic Hotel,Hong Kong; Hotel Will Undergo US$24 million Renovation and Rebranding to No
March 30, 2007
Hotel Online News for the Hospitality Executive LaSalle Investment Management Appoints Accor to Manage the Majestic Hotel,Hong Kong; Hotel Will Undergo US$24 million Renovation and Rebranding to Novotel BANGKOK, 24 July, 2007 LaSalle Investment Management announced that they have appointed French hotel group Accor to manage the Majestic Hotel, following their purchase of the hotel and Majestic Retail Centre. LaSalle Investment Management announced that the Majestic will undergo a comprehensive HK$188 million (approx US$24 million) refurbishment programme to upgrade the hotel to a 4-star Novotel. The hotel wil...
Hispanic Hotel Owners Association's Second Hotel Investment Seminar for High Net-worth Latinos Attracts Twice the Expected Attendance; Event'
March 30, 2007
Hotel Online News for the Hospitality Executive Hispanic Hotel Owners Associations Second Hotel Investment Seminar for High Net-worth Latinos Attracts Twice the Expected Attendance Events Success Prompts Brands to Increase Funding for Future Events MIAMI, Fla./WASHINGTON, D.C., July 17, 2007The Hispanic Hotel Owners Association (HHOA), a recently-formed and rapidly growing non-profit organization, announced today that attendance of more than 60 participants at its first Hotel Investment Series doubled the initial projections. The seminars success prompted sponsoring brands to increase their current level of inve...
Guest-Tek Announces the Landmark Release of OneView tm Media High Definition Services to Hotel 1000 in Seattle / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Guest-Tek Announces the Landmark Release of OneViewTMMedia High Definition Services to Hotel 1000 in Seattle . CALGARY, Alberta, Canada and KIRKLAND, Wash., June 26, 2007 -- Guest-Tek Interactive Entertainment Ltd. (Guest-Tek) (TSX:GTK) and MTM Luxury Lodging, have announced deployment of Guest-Teks OneViewtm Media High Definition (HD) platform into Hotel 1000, a sophisticated, world-class luxury hotel located in downtown Seattle and managed by MTM Luxury Lodging. Guest-Teks deployment of OneViewtm Media HD platform delivers Video on Demand in High Definition (HD-VOD) w...
Guest-Tek and Magnolia Pictures Sign Multi-year License Deal to Offer Sneak-Peek or Day and Date Movies to Hotel Guests / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Guest-Tek and Magnolia Pictures Sign Multi-year License Deal to Offer Sneak-Peek or Day and Date Movies to Hotel Guests . CALGARY, Alberta, Canada and NEW YORK New York, June 27, 2007 Guest-Tek Interactive Entertainment, Ltd. (Guest-Tek) (TSX:GTK) and Magnolia Pictures, the distribution arm of Todd Wagner and Mark Cubans 2929 Entertainment, and the producers of such films as Enron: The Smartest Guys in the Room, The Worlds Fastest Indian (starring Anthony Hopkins) and Lost City (Andy Garcia) , announced a multi-year carriage agreement to provide movies from Magnolia ...
Guest-Tek and EchoStar Sign Multi-year Strategic Agreement for Hotels Nationwide / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Guest-Tek and EchoStar Sign Multi-year Strategic Agreement for Hotels Nationwide . CALGARY, Alberta, Canada and ENGLEWOOD, Colorado, June 25, 2007 --- Guest-Tek Interactive Entertainment Ltd. (TSX:GTK) and EchoStar Communications Corporation (Nasdaq: DISH) and its DISH NetworkTM satellite TV service today announced a multi-year strategic agreement to deliver DISH Network programming to hotel properties. The agreement will provide significant benefit to hoteliers throughout the United States by delivering a package of television programming services called Free-to-Guest (FTG), w...
How Quantum Physics Opens the Door to Limitless Higher Levels of Guest Experience / Peter McAlpine / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive How Quantum Physics Opens the Door to Limitless Higher Levels of Guest Experience Part 1 By Peter McAlpine, July 2007 Quantum physics has opened a door to the possibility of a completely new kind of hotel guest experience that has no limit to its nature. For those willing to move on from the cloneable level of SOP-Customer Satisfaction, by applying basic tenets of quantum physics you can revolutionize the nature of the hotel guest experience and raise it to far higher levels. This article should be of special interest to hotels that call themselves 6-star and 7-star. The wor...
Growth Properties Hospitality Management Continues to Grow Internally; New members of the Growth Properties Management Team added to facilitate rapid
March 30, 2007
Hotel Online News for the Hospitality Executive Growth Properties Hospitality Management Continues to Grow Internally . New members of the Growth Properties Management Team added to facilitate rapid portfolio growth June 18, 2007, Growth Properties Hospitality Management, a Pennsylvania based management company, welcomes Tim Smith, Corporate Director of Operations; Phil Brewer CHA, Regional Operations Manger; and Joanne Johnston CHA, CHT, Regional Operations Manger. . Tim Smith Corporate Director of Operations Tim Smith brings over ten years of hotel industry experience to Growth Properties. With many years ...
Hemisphere, the Greenbrier Resort's New Dining Concept Opens Under the Direction of Chef de Cuisine Michael Voltaggio / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive Hemisphere, the Greenbrier Resort's New Dining Concept, Opens Under the Direction of Chef de Cuisine Michael Voltaggio WHITE SULPHUR SPRINGS, WV, July 24, 2007 The Greenbrier resort in West Virginia reopened on April 2, 2007 after a multi-million dollar renovation. A key component to the renovation that will total $50 million, is the debut of a new restaurant, Hemisphere, and a new lounge, 38°80, which both opened today. The arrival of these offerings heralds a departure from the traditional Greenbrier dining experience. Hemisphere features globally-inspired c...
The Spa Industry Quietly Embracing Sustainable Business Practices and Green Technologies / July 2007
March 30, 2007
Hotel Online News for the Hospitality Executive The Spa Industry Quietly Embracing Sustainable Business Practices and Green Technologies LEXINGTON, Ky. July 6, 2007 - With nearly 100 million active spa-goers globally, the spa community casts a large net. Affecting society, the economy, culture and the environment, spa is synonymous with healthy lifestyles. And the eco-conscious roots of the industry are growing deeper still. Environmental consciousness has always been there for the spa community. Sustainability is in the fabric of spa, said International SPA Association Chairman Jim Root. Sustainab...
