Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3, 2024
Kimpton San Antonio Celebrates Its Topping Out on Schedule
Kimpton Hotels & Restaurants | July 20, 2023
Development
Hotel Equities Names Amanda Michael as General Manager for New Home2 Suites by Hilton St. Louis
Hotel Equities (HE) | February 18, 2015
Atlanta, GA–February 18, 2015 – Atlanta-based Hotel Equities (www.hotelequities.com) announced the hiring of Amanda Michael as the General Manager of the Home2 Suites by Hilton Forest Park, the hotel nearing completion in St. Louis, Missouri. Hotel Equities is managing the 107-room hotel for Above All Development, LLC of St. Louis. "Hotel Equities is delighted to introduce Home2 Suites by Hilton to the St. Louis market," said Joe Reardon, VP of Business Development and Marketing. "This is our first hotel in the all-suites brand and its innovative approach is sure to appeal to our guests whether they are business travelers or extende...
Hotel Development Cost Survey 2014/15
Elaine Sahlins | February 3, 2015
by Elaine Sahlins HVS has tracked hotel construction costs throughout the United States since 1976. Each year, HVS researches development costs from our database of actual hotel construction budgets, industry reports, and uniform franchise offering circulars. These sources provide the basis for our range of component costs per room. This 2014/15 survey reports updated per-room hotel development costs through the end of 2014, and considers data for six lodging types: Economy/Budget Hotels, Midscale Hotels without Food and Beverage (w/o F&B), Extended-Stay Hotels, Midscale Hotels with Food and Beverage (w F&B), Full-Service ...
A State First, the New Hilton Garden Inn Burlington Downtown Opens in Vermont
Hilton Garden Inn | February 2, 2015
Owned by Catamount/VanNess, LLC and Managed by Maine Course Hospitality Group BURLINGTON, Vt. and MCLEAN, Va. - Hilton Garden Inn, Hilton Worldwide's award-winning brand of upscale yet affordable hotels, announced today the opening of Hilton Garden Inn Burlington Downtown, representing an addition to the brand's growing portfolio of more than 600 hotels worldwide. Hilton Garden Inn Burlington Downtown is owned by Catamount/VanNess, LLC, and managed by Maine Course Hospitality Group. It is the brand's first property in Vermont and completes the brand's reach across the continental U.S. "Our new Hilton Garden Inn is within walking distanc...
Marriott Withdraws from Petition Seeking Direction from the FCC on Legal Wi-Fi Security Measures
Marriott International | February 2, 2015
Statement by Bruce Hoffmeister, Global Chief Information Officer, Marriott International Bethesda, Md., February 2, 2015 - Marriott International has decided to withdraw as a party to the petition seeking direction from the FCC on legal Wi-Fi security measures. Our intent was to protect personal data in Wi-Fi hotspots for large conferences. We thought we were doing the right thing asking the FCC to provide guidance, but the FCC has indicated its opposition. As we have said, we will not block Wi-Fi signals at any hotel we manage for any reason. And, as of January 15, we provide free Wi-Fi to all members of our Marriott Rewards program wh...
Former Independent Hotel Reopens as Crowne Plaza Stamford Following $18 million Renovation
January 30, 2015
ATLANTA – InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)] announces the opening of the 355-room Crowne Plaza Stamford hotel, following a significant renovation funded by Montreal-based owner, Rosdev Corporation. With a capacity for more than 1,600 guests and over 30,000 square feet of meeting space, this hotel is ideal for hosting a wide range of events including casual meetings, large-scale conferences and gala-style social events. Guests at the newest Stamford hotel will experience the Crowne Plaza brand's new "Always On" enhancements that are focused on connectivity, wellness and productivity. The 24-hour business ...
Owners Northsight Hospitality Open the Holiday Inn® Hotel & Suites Scottsdale North-Airpark
Holiday Inn | January 29, 2015
Managed by Henderson Hospitality Management, Inc. ATLANTA – InterContinental Hotels Group (IHG), one of the world's leading hotel companies, today announced the opening of the Holiday Inn® Hotel & Suites Scottsdale North-Airpark hotel. Located just 15 minutes from Old Town Scottsdale, this 75,000 square-foot hotel, formerly a Wingate by Wyndham, is the newest addition to IHG's hotels in Arizona. In an effort to create a more contemporary space desirable to today's travelers, the hotel ownership financed a full renovation of all guestrooms and public areas. "We are thrilled to welcome this property to the Holiday Inn Portfolio of...
Managed by New Horizons Hospitality, the SpringHill Suites by Marriott in Houston, TX Set to Open
Springhill Suites | January 29, 2015
Stylish, all-suite hotel offers space for travelers to spread out and recharge Houston, Texas - January 29, 2015 - The 104-suite SpringHill Suites by Marriott in Houston, Texas is scheduled to open this Friday, January 30, 2015. Located at 15555 North Freeway, the SpringHill Suites Houston I-45 North will operate as a Marriott franchise, owned by Pennbright Hotel Partnership and managed by New Horizons Hospitality. Located less than 10 minutes from George Bush Intercontinental Airport and 18 minutes from downtown, the hotel offers guests convenient access to The Woodlands Mall, Market Street and Waterway, Exxon, Willowbrook Mall and has...
Hotel Equities Selected to Manage Three Fairfield Inn & Suites Hotels Under Development in Texas
Hotel Equities | January 26, 2015
Atlanta, GA - January 26, 2015 - Atlanta-based Hotel Equities (www.hotelequities.com) recently announced its selection as the management firm for three Marriott hotels in the Lone Star State. The hotels under development include the Fairfield Inn & Suites by Marriott in Waxahachie, Texas; the Fairfield Inn & Suites in Pasadena, Texas; and the SpringHill Suites in Austin, Texas. Hotel Equities now manages 35 Marriott hotels nationwide with over 60 hotels in its portfolio. "Expanding our management portfolio deeper into the heart of Texas is of strategic and significant importance to our firm," said Joe Reardon, Vice President of ...
IHG Completes Acquisition of Kimpton Hotels & Restaurants Group for $430 million
IHG | January 16, 2015
16 January 2015, London: Further to the announcement made on 16 December 2014, InterContinental Hotels Group PLC ("IHG") [LON:IHG, NYSE:IHG (ADRs)] is pleased to confirm that the acquisition of Kimpton Hotels & Restaurants Group LLC for cash consideration of $430 million has now completed. ...
Hotel Equities Appoints Chuck Powell as Senior Vice President of Operations
Hotel Equities (HE) | January 12, 2015
ATLANTA, GA (January 12, 2015) - Atlanta-based Hotel Equities (HE) www.hotelequities.com recently promoted Chuck Powell to the new position of Senior Vice President of Operations. To manage Hotel Equities' rapid growth, Mr. Powell's responsibilities include oversight of operations, human resources and revenue generation efforts for the firm. He works closely with the Hotel Equities' executive team to ensure a consistent approach to implementation, improvement and results. He reports directly to Brad Rahinsky, Hotel Equities' President and Chief Operating Officer. "Chuck's strategic approach is to elevate our organization's processes and...
Hotel Equities Promotes Kevin Butler to Regional Director of Operations
Hotel Equities (HE) | January 12, 2015
ATLANTA, GA (January 12, 2015) - Atlanta-based Hotel Equities (HE) www.hotelequities.com recently promoted Kevin Butler to the position of Regional Director of Operations. He reports to Rob Cote, the firm's Vice President of Operations. Kevin has responsibility for the oversight of multiple brands in his region including Texas, Louisiana, Alabama and mid-western states. "Kevin 's new role comes as a direct result of Hotel Equities' robust growth to over 60 properties in 2014, " said Mr. Cote. "Kevin's leadership, guidance and focus on success is unsurpassed. We continue to strengthen the depth of experience and leadership with his addit...
Rankings of top 10 Global Hotel Companies in the Social Media
Epsilon Technologies | December 17, 2014
Who is leading the social media race among the globally top 10 Hotel Companies? We at Epsilon Technologies are very proud to present you the rankings of Global Hotel Companies in the Social Media for the period September-November 2014. We used our propriety tool ICARUS to collect the big data generated on social media. In this infographic, we provide three rankings each for Facebook and Twitter platforms. Each of these rankings are based on number of fans/followers, interactions, and recommendations. We also included content on social media that garnered huge success. Marriott International managed its social media very efficiently. Of ...
Hotel Equities Adds the 220-room Wyndham Garden Inn Metairie/New Orleans to Management Portfolio
Hotel Equities (HE) | December 17, 2014
Atlanta, GA - December 17, 2014 - Atlanta-based Hotel Equities (www.hotelequities.com) recently added the Wyndham Garden Inn Metairie/New Orleans to its growing portfolio, taking their number of hotels above 60. Located just four miles east of New Orleans International Airport, the 220-room full service property recently completed a conversion and extensive renovation. The hotel features an upscale restaurant and bar, offers over 5500 square feet of flexible meeting space, room service and 220 well-appointed guest rooms and suites. "We're delighted to manage this beautiful hotel located just nine miles west of the French Quarter," said ...
IHG Agrees to Acquire Kimpton Hotels & Restaurants for $430 Million
IHG (InterContinental Hotels Group) | December 16, 2014
16 December, 2014 Highlights: IHG has agreed to acquire Kimpton Hotels & Restaurants ("Kimpton") for $430 million in cash. Kimpton is the world's largest independent boutique hotel operator and a sophisticated food and beverage operator. Kimpton is a fully asset-light business that manages 62 hotels in the most attractive cities and resorts in the US with a further 16 hotels in the pipeline. It operates 71 hotel-based destination restaurants and bars. Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry. Highly complementary with IHG's Hotel Indigo and EVEN Hotels b...
Jaideep Khanna to Lead New NSO for IHG as Director of Regional Sales, South West Asia
IHG (InterContinental Hotels Group) | December 12, 2014
New Delhi, India, 12 December 2014: InterContinental Hotels Group (IHG) has established a new National Sales Organisation (NSO) to support its growth plans in South West Asia (SWA). With a newly-formed team based across Delhi NCR, Mumbai and Bengaluru, the NSO will focus on developing strong relationships with domestic companies to drive business to the hotel group's 23 hotels across the region. The establishment of the NSO stemmed from increased optimism in the market following measures by the new Indian government to improve the business landscape. Commenting on the launch of the NSO, Shantha de Silva, Head of South West Asia, IHG sai...
Hotel Equities Names Garfield Campbell Regional Director of Business Development
Hotel Equities (HE) | November 13, 2014
ATLANTA, GA (November 13, 2014) -Atlanta-based Hotel Equities (HE) www.hotelequities.com recently named Garfield Campbell to the position of Regional Director of Business Development. As a member of the firm's development team, Mr. Campbell works directly with hotel owners who are looking for the best third-party partners to manage their existing hotels and with owners on new hotel development deals. He reports to Joe Reardon, Vice President of Marketing and Business Development. "We are excited to have such a highly-accomplished, top development executive join our organization, said Mr. Reardon. "Garfield brings a wealth of full servic...
Lodging Econometrics US Lodging Real Estate Trends: Pipeline Breaks Out as Development Accelerates
Lodging Econometrics | November 10, 2014
The Hotel Construction Pipeline surged forward to a five-year high in Q3 with 3,516 Projects/443,936 Rooms. The Pipeline has posted double-digit Year-Over-Year (YOY) increases for four consecutive quarters in both Projects and Rooms. In 3Q14, YOY increases are up 25% and 24% respectively, signaling a breakout into the expansion phase of the current real estate cycle which is likely to continue another two-to-three years. Projects Under Construction, 1,062 Projects/134,292 Rooms, are up a booming 50% by Projects and 46% by Rooms YOY. Projects Scheduled to Start in the Next 12 Months are also strong, up 36% and 34%, at 1,375 Projects/165...
Using Condo Hotels for Financing New Hotel Development
JMBM | November 10, 2014
Traditional condo hotel structures as "non-securities" By Jim Butler and the Global Hospitality Group® 10 November 2014 Click here for the latest articles on Condo Hotels High end hotel development in 2015 Almost every developer of a high end or luxury hotel in 2015 will at least consider using the condo hotel approach as a financing technique for new development, conversion or adaptive reuse projects. Anyone evaluating a condo hotel structure needs to know, that with recent changes in the law, there are now two different approaches available: (1) Non-Security Approach — This is the traditional approach used for almost every c...
HDP Breaks Ground for the 132-key Hampton Inn & Suites Dunwoody/Perimeter Center in Atlanta, Georgia
Hotel Equities | November 4, 2014
Dignitaries participated in the groundbreaking for the Hampton Inn & Suites Dunwoody Perimeter Center. Pictured left to right are David Canaday, Senior Vice President, Rubenstein Partners; Brent Reid, CEO, Winter Construction Company; Mike Davis, Mayor of Dunwoody; Fred Cerrone, COO, Hotel Development Partners; Steve Smith, Partner, Hotel Development Partners; Gail Harmeier, Senior Vice President-Commercial Real Estate, Bank of North Georgia; and Allen O'Brien, CEO, Hotel Development Partners. ATLANTA, Ga. - (November 4, 2014) - Hotel Development Partners (HDP) recently held a groundbreaking ceremony for the Hampton Inn & Suites...
Hotel Equities Assumes Management of Two Fairfield Inn & Suites Hotels in Louisiana
Hotel Equities (HE) | October 29, 2014
Atlanta, GA - October 29, 2014 - Atlanta-based Hotel Equities (www.hotelequities.com) recently assumed management of two additional hotels in Louisiana, the Fairfield Inn & Suites by Marriott Houma and the Fairfield Inn & Suites by Marriott Lake Charles Sulphur. The firm now manages five hotels in Louisiana including the SpringHill Suites Lake Charles, a new Residence Inn, under construction in Lake Charles, and a Courtyard by Marriott under development in Gretna on the west bank of New Orleans. "Expanding our management portfolio in Louisiana is of significant importance to our firm," said Joe Reardon, Vice President of Marketi...
Hyatt & Hotel Equities Open the 81-room Hyatt Place Savannah Airport
Hyatt Place | October 17, 2014
CHICAGO (October, 2014) – Hyatt Hotels Corporation (NYSE: H) and Hotel Equities today announce the opening of Hyatt Place Savannah Airport. The 81-room hotel is conveniently located two miles from the Savannah Hilton Head International Airport and a short distance from historic downtown Savannah. "We are delighted to bring the Hyatt Place brand to the Savannah area with the opening of Hyatt Place Savannah Airport," said Joe Reardon, vice president of marketing and business development for Hotel Equities. "Hyatt Place was designed for a lifestyle, not a demographic, and as a result, we are confident that everyone from business traveler...
Hotel Equities Selected to Manage Sales and Revenue Services for the Hampton Inn in Taos, New Mexico
Hotel Equities (HE) | October 14, 2014
ATLANTA (October 14, 2014) - Hotel Equities was retained to manage sales and revenue services at the Hampton Inn located in the heart of Taos, New Mexico, a small town community with a rich history in sports and the arts. "We are delighted to bring our management expertise to this beautiful property in northern New Mexico," said Joe Reardon, Vice President of Marketing and Development for Hotel Equities. "With incredible access to the community's array of sports activities, arts venues and rich history, the hotel appeals to both business and leisure travelers. The Hampton Inn is located just across the street from the South Side Convent...
IHG Announces Senior Leadership Changes in Asia, Middle East and Africa
IHG (InterContinental Hotels Group) | October 7, 2014
InterContinental Hotels Group (IHG), one of the world's leading hotel companies, today announces a number of strategic changes to its Asia, Middle East and Africa (AMEA) Regional Operating Committee. Alan Watts, previously Chief Operating Officer (COO), Australasia and Japan, and Operations Performance, AMEA, will now oversee the performance of the region's 246 hotels across 37 countries and territories. In his expanded role as COO for Asia, Middle East and Africa, Alan will be supported by Pascal Gauvin, Chief Operating Officer, India, Middle East and Africa and Phil Broad, Vice President, Food & Beverage, AMEA. Clarence Tan, previ...
Marriott International’s Statement on FCC Ruling
Marriott International | October 6, 2014
Marriott has a strong interest in ensuring that when our guests use our Wi-Fi service, they will be protected from rogue wireless hotspots that can cause degraded service, insidious cyber-attacks and identity theft. Like many other institutions and companies in a wide variety of industries, including hospitals and universities, the Gaylord Opryland protected its Wi-Fi network by using FCC-authorized equipment provided by well-known, reputable manufacturers. We believe that the Gaylord Opryland's actions were lawful. We will continue to encourage the FCC to pursue a rulemaking in order to eliminate the ongoing confusion resulting from to...
