Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3, 2024
Brandt Hospitality Group Getting Great Results From Accounting Software Partner
Aptech | June 5, 2024
Finance & Development
IHG Opens First Hotel Indigo in Mississippi, The Hotel Indigo®-Hattiesburg
July 31, 2018
HATTIESBURG, MS (July 31, 2018) – IHG (InterContinental Hotels Group) is proud to announce the opening of its newest location, The Hotel Indigo®-Hattiesburg. The first and only Hotel Indigo in Mississippi opened July 26, 2018. The Hotel Indigo-Hattiesburg hotel is located at South 31st Ave. and Chevy Chase Dr. and is within walking distance to the University of Southern Mississippi and The Avenues. The five-story boutique hotel features 100 rooms and business conveniences such as a 24/7 business center with wireless internet and printing available. "All of the team is really excited to be a part of this, especially with it bei...
Hilton Partners With Al Habtoor Group to Rebrand Three Hotels in Dubai’s Al Habtoor City
Al Habtoor Group | July 31, 2018
DUBAI - Three hotels in Dubai's Al Habtoor City are to be rebranded by Hilton which was confirmed today at a press event in Dubai. Mohammed Al Habtoor, Vice Chairman & CEO of the Al Habtoor Group and Ian R. Carter, President, Development, Architecture, Design & Construction, Hilton announced a new franchise agreement effective 1 August 2018. The properties will become known as Habtoor Palace Hotel, LXR Hotels & Resorts, V Hotel, Curio Collection by Hilton and Hilton Dubai Al Habtoor City. Mohammed Al Habtoor said: "We are pleased to extend our partnership with Hilton to three additional hotel properties at Al Habtoor City, o...
PortAventura Extends Revenue Strategy Partnership With Duetto
PortAventura World Parks & Resort | July 31, 2018
Europe's largest family leisure and holiday destination resort signs 5-year agreement with Revenue Strategy Platform provider. San Francisco, 31 July, 2018 —Spain's PortAventura has re-contracted with Duetto, hospitality's only Revenue Strategy Platform, after seeing a 12% uplift in revenue in 2017. The five-year contract will see all hotels in the PortAventura portfolio continue to use Duetto's Open Pricing application, GameChanger, and its solution for intelligent reporting, ScoreBoard. PortAventura, which operates four 4-star and one 5-star themed hotels with 2,100 rooms, has been working with Duetto for the past two years. The...
The Inside Story of Hilton’s New High-Tech Hotel Rooms – and What It Will Mean for Travelers
Hilton | July 30, 2018
Imagine being able to set your favorite TV channels, optimal room temperature and turn the lights off from the comfort of your hotel room bed, all on your own mobile device. It's not a pipe dream: Welcome to Hilton's Connected Room. Through the award-winning Hilton Honors app, guests can use their mobile device as the in-room remote to control their television programming, lighting, and temperature controls –personalizing their preferences just as they do at home. Josh Weiss, Vice President of Brand and Guest Technology at Hilton, explains how and why Connected Room came to life and where it's going next: Q: What inspired the ...
Hospitality Financial Leadership – Flower Power
David Lund | July 30, 2018
By David Lund It was the spring of 1995 and I had recently transferred from one hotel back to the regional base and into a newly created position as the regional operations analyst. The job was tailor-made for me. The position was the brain child of our regional vice president. I was to assist him in the review of operational financial performance for the hotels in our region. In the year that followed I learned so many valuable lessons from our work and his experience, style and, above all else, his common sense. Here's one of my favorite episodes as Regional Operations Analyst During one of our early discussions my new boss told me th...
Paramount Lodging Advisors (PLA) Sells the Four Points by Sheraton & Banquet Center Sacramento International Airport
Paramount Lodging Advisors | July 27, 2018
Sacramento – Paramount Lodging Advisors has successfully sold the 100-room Four Points by Sheraton & Banquet Center Sacramento International Airport. The PLA team members representing this sale were Senior Managing Director, Scott Griemsmann and Associate Subu Thiagarajan. This PLA-arranged sale is one of the highest price per key transactions (PPK) in the Sacramento region and one of the highest PPK Four Points by Sheraton trades in the country. JMK Hotels LLC/The Kehriotis Family purchased the hotel. Future plans for this hotel include a $2-million full-scale renovation to include an exterior refresh, all guestrooms, common ...
HSMAI and Level60 Partner on Revenue Management Curriculum Tools and New Student Certification
HSMAI | July 26, 2018
(McLean, VA, July 26, 2018) The Hospitality Sales and Marketing Association International (HSMAI) is pleased to announce a partnership with Level60 Consulting (Level60) to offer hospitality faculty members a course and classroom tools to teach revenue management, leading to a new HSMAI student certification. Designed expressly for faculty, the course and classroom tools will enable full-time and adjunct professors to customize existing classes or create new classes with the most current principles of revenue management. All instructional materials are provided free of charge and designed to be easily imported into learning management sy...
Revenue Strategy Summit Key Conference Takeaways Shared by hotelAVE
hotelAVE | July 26, 2018
Rethink Sales Deployment: Electronic RFPs continue to grow in volume while group size decreases. Should hotels have reactive vs. proactive sales people to handle this change? Should brands still enforce mandatory responses to all leads as group planners cast wider nets? Should hotels designate a person on the sales team to handle all incoming leads and distribute based on the hotel's needs and likelihood of booking, in other words, a lead catcher? Outlook is Cautiously Positive Despite Forward Group Weakness: In recent past downturns, the industry has had a strong group cushion to mitigate the negative effects in the next downturn. ...
Vail Marriott Mountain Resort Launches $25 Million Renovation
Vail Marriott Mountain Resort | July 25, 2018
VAIL, Colo. (July 25, 2018) – Currently underway, Vail Marriott Mountain Resort will launch the property's approximate $25 million reimagination this summer with a new guest room experience and transformed meeting spaces. The complete makeover will infuse modern amenities and luxurious Vail sophistication into the landmark resort. The comprehensive project is geared towards travelers with high-tech attributes and indoor-outdoor design that embraces the year-round destination with its chic, mountain modern aesthetic. "With this extensive reimagination, we are looking to infuse Vail's charm throughout the resort and truly connect gu...
IHG Signs With Mulpha Australia Limited for Management and Rebranding of 166-Room Hayman Island, by InterContinental Opening in 2019
IHG | July 25, 2018
The Whitsunday Islands will welcome a new era of luxury in 2019 with the signing of a management agreement that will see IHG take over management of Hayman Island, rebranding it as Hayman Island, by InterContinental. Hayman Island, by InterContinental will be an oasis at the northernmost point in the Whitsunday Islands that shows off the best of the InterContinental brand when it opens in 2019, following significant investment to refurbish the product. The 166-room hotel is the only property on the 400-hectare island and will showcase world-class facilities, rooms and suites in one of the world's most unique locations, accessible via Ha...
IHG Appoints Angelo Zuccala as General Manager for InterContinental Sofia
InterContinental Hotels & Resorts | July 25, 2018
July 25, 2018 / Sofia, Bulgaria. InterContinental Sofia is pleased to announce the appointment of Angelo Zuccala as its new General Manager. Angelo Zuccala's hospitality experience spans close to 23 years. Holding a Master in Business Studies and Finance from Groupe Sup de Co La Rochelle in France, he brings his knowledge and expertise in the hospitality industry to InterContinental Sofia. Angelo has built a strong career within InterContinental Hotels Group where he spent 15 years progressing through several management roles and countries around the world. He worked in the UK, France, Egypt, Malta and Romania. Angelo Zuccala is a dual ...
HFTP CEO Frank Wolfe Honored as Most Influential Hospitality Association CEO 2018
HFTP | July 25, 2018
Honor awarded by AI Global Media, a European Digital Media Publication Frank I. Wolfe, CEO for Hospitality Financial and Technology Professionals (HFTP®), was recognized as Most Influential Association CEO 2018 in Hospitality by the European-based corporate finance publication Acquisition International (AI). Published by AI Global Media, AI is a monthly magazine that seeks to inform and shape the global corporate conversation through a combination of high quality editorial rigorous research and an experienced and dedicated worldwide network of advisors experts and contributors. "This is truly an honor, but is really a testament...
Sonnenblick-Eichner Company Arranges $50,000,000 of First Mortgage Financing for Hotel Theodore, Seattle, Washington on Behalf of Provenance Hotels
Sonnenblick-Eichner Company | July 25, 2018
Beverly Hills, CA (July 25, 2018) – Sonnenblick-Eichner Company announced today that it has arranged $50,000,000 of interim first mortgage financing to refinance Hotel Theodore, a 20-story, 153-room, full-service, luxury boutique hotel located at the corner of 7th Avenue and Pine Street, in the heart of downtown Seattle, Washington, one block west of the Washington State Convention Center. The floating rate loan was sized to a debt yield of less than 6% and priced over LIBOR at a spread in the mid-300s. Loan proceeds are being used to refinance the existing acquisition and renovation loan as well as provide a return of equity to the borr...
Owned and Managed by Kinseth Hospitality Companies, TownePlace Suites by Marriott Set to Open in Grafton, Wisconsin
TownePlace Suites by Marriott | July 24, 2018
Grafton, WI – July 24, 2018 – Get ready to be real and be you on long stays. Marriott International's TownePlace Suites by Marriott Milwaukee Grafton is set to open for business on Thursday, July 26, 2018. On average, a TownePlace Suites opens every six days. Built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Grafton area. The new TownePlace Suites Milwaukee Grafton located at 1601 Gateway Drive, continues to exemplify the brand's rapid growth. The new hotel will operate as a Marriott franchise, owned and managed by Kinseth Hospitality Compa...
HFTP Annual Convention 2018 Online Registration Now Open, Keynotes Announced
HFTP | July 24, 2018
HFTP's 2018 Annual Convention is October 24-26 at the Omni Louisville Hotel in Louisville, Kentucky USA Hospitality Financial and Technology Professionals (HFTP®) has opened online registration for its Annual Convention, which it has produced since 1952. Following the traditional event format, the event will offer a variety of educational sessions, networking and vendor opportunities. HFTP has secured two keynote speakers who will discuss topics relating to productivity, engagement, collaboration and communication in the workplace: Colette Carlson and Curt Steinhorst. The HFTP Annual Convention will take place from October 24-26 at ...
Bayview Hotel Partners Debuts the Hampton Inn by Hilton Baltimore Bayview Campus as First Hampton Inn With New Prototype Elements
Hampton by Hilton | July 24, 2018
BALTIMORE, Md. – July 23, 2018 – Hilton's (NYSE: HLT) Hampton by Hilton, the global upper mid-scale brand known for its commitment to providing authentic service and great value, today announced the opening of its newest property, Hampton Inn by Hilton Baltimore Bayview Campus in Baltimore, Maryland. This 115-room hotel is an early adopter of Hampton's new innovative design and the first to incorporate features of the brand's new prototype. "As the first hotel to integrate elements of Hampton by Hilton's new North America prototype we are proud to provide guests a property that feels modern, yet is built on the successfu...
Marriott Signs With Flag Luxury Group to Open More Than $500 Million Ritz-Carlton Hotel and Residences Tower in New York City
Marriott International, Inc. | July 24, 2018
Marriott International (NASDAQ: MAR) today announced that it has signed an agreement with luxury hospitality development firm Flag Luxury Group to bring The Ritz-Carlton brand to New York City's vibrant NoMad neighborhood, also known as North of Madison Square Park. Flag Luxury Group will develop the hotel and residences tower, which will represent a more than $500 million investment. Designed by award winning architect Rafael Vinoly, this landmark project will include both hotel accommodations and branded residences conceived of by renowned interior design firm Yabu Pushelberg. Located at Broadway and 28th Street, the hotel and residen...
Seeing Hotel Industry Threats as Opportunities Opens Up Revenue Strategy
Mark Brandau | July 23, 2018
By Mark Brandau The hospitality universe is constantly shifting and, more importantly, growing. In his opening message at RSS 2018, Duetto CEO Patrick Bosworth encouraged the hoteliers, asset managers and technologists gathered there to see opportunities for better Revenue Strategy, where others might only see obstacles. Properties are fragmented across several different stakeholders. Hotel brands and online travel agencies are racing to consolidate their size and power. Distribution could change significantly if Google, Facebook or Amazon go from having a toe in the water to jumping into the deep end in earnest, as Airbnb has done. "Th...
IHG and Ninety Four Feet Partner to Debut New Zealand’s First Hotel Idigo With 2021 Opening of Hotel Indigo Auckland
IHG | July 23, 2018
Auckland will welcome New Zealand's first Hotel Indigo to the neighbourhood in 2021, with IHG signing an agreement with Ninety Four Feet, an Australasian property development, investment, and construction company, to open Hotel Indigo Auckland. Uniquely, no two Hotel Indigo properties are the same, with each drawing on the story of its local area to inspire every aspect of the hotel to help guests feel part of the destination. The "City of Sails" will set the backdrop for this boutique hotel, drawing inspiration from local artists for its design, service, amenities, food and beverages. The 225-room hotel will be part of a mixed-use deve...
Hospitality Financial Leadership: Educating Our Leaders Is the Highest Form of Service
David Lund | July 23, 2018
By David Lund If Serving is Beneath You, then Leadership is Beyond You While creating hospitality financial leadership workshops, I learned three very valuable lessons. The third lesson was by far the most powerful and transformating for me and my way of seeing the role I was playing as a financial leader. First lesson: Students like learning, subject matter and material They all responded very positively to the workshops and subject matter. From this revelation I realized that students could now see that this "financial piece" everyone touts as the hard and confusing part of hospitality, was indeed not so difficult. It is very accessib...
Owned and Managed by Glacier House Hotels, TownePlace Suites by Marriott Whitefish Opens in Montana
TownePlace Suites by Marriott | July 20, 2018
Whitefish, MT – July 20, 2018 – Get ready to be real and be you on long stays. Marriott International's TownePlace Suites by Marriott Whitefish is set to open for business on Friday, July 20, 2018. On average, a TownePlace Suites opens every six days. Built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Whitefish area. The new hotel located at 300 Akers Lane, will operate as a Marriott franchise, owned and managed by Glacier House Hotels of Scottsdale, Arizona. "We are excited to introduce the TownePlace Suites brand to the Whitefish area," said D...
Ian Schrager With Marriott International Opens The Bodrum EDITION Overlooking the Aegean Sea
EDITION Hotels | July 19, 2018
From the next chapter in the growing EDITION legacy comes Ian Schrager's latest visionary concept: The Bodrum EDITION. Schrager, in partnership with Marriott International, acts to redefine the contemporary luxury hotel experience with his expanding global influence. Bringing a new energy to Bodrum, Schrager is responsible the concept, programming and creative direction of The Bodrum EDITION, an Aegean utopia within the Yalikavak bay. Born for the world stage, the hotel is a natural Amphitheatre acting as a venue for 21st century recreation, socializing, and networking with an unparalleled vista overlooking the azure waters of the Turki...
IHG and TSUKADA GLOBAL HOLDINGS to Debut Kimpton Brand in Japan With 2020 Opening of Kimpton Tokyo Shinjuku
July 19, 2018
SAN FRANCISCO, CA, U.S.A. (July 19, 2018) -Travelers to Tokyo looking for the ultimate boutique hotel experience will have their wishes granted in 2020 with the opening of Kimpton® Tokyo Shinjuku by IHG and TSUKADA GLOBAL HOLDINGS Inc. The 162-room hotel will feature bold, playful design, award-winning dining and unique amenities, with three inventive meeting spaces that accommodate up to 300 people, a well-equipped wellness studio, and a multi-function chapel that will bring Kimpton flair to a couple's special day. As the industry pioneer that first introduced the boutique concept to the US more than 35 years ago, Kimpton Hotels &a...
Starwood Capital Group and Cycas Hospitality Open 319-Key Residence Inn by Marriott London Kensington
Residence Inn | July 18, 2018
Marriott International, Inc. has announced the opening of Residence Inn by Marriott London Kensington, the largest property in the extended-stay brand's European portfolio. In a prime position on Warwick Road in Earls Court, the hotel features 319 suites, of which several boast private terraces with impressive views across the capital. Guests can also take in the London skyline from the hotel's eighth floor terrace, which will also be available to hire as an events space. The property's spacious one- and two-bedroom suites include separate living, working and sleeping areas, designed for those taking longer stays. Guests can expect full...