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
The Secret Sauce to Profitability for All-Inclusives: Understanding Total Guest Value
Dan Skodol | July 17, 2018
By Dan Skodol, Vice President of Revenue Analytics at Rainmaker The evolution of all-inclusive resorts reads a lot like the fairytale of Cinderella. From humble beginnings catering to a dollar-stretcher crowd – with mediocre buffet food, mid-level accommodations, and events centered around boisterous pool activities – to today's transformation into a bright, rising star in the hotel industry. From 2011 to 2014, demand for all-inclusives rose from 8 to 14 percent,1 and now they are one of the fastest growing segments in vacation lodging. Hundreds of all-inclusive resorts now span the globe, moving beyond beachside havens to i...
Hotel Equities Opens 96-Room TownePlace Suites by Marriott in Mesquite, Texas
Hotel Equities | July 16, 2018
Atlanta, GA – July 16, 2018 – Hotel Equities (HE) announced the official opening of the new TownePlace Suites by Marriott-Dallas/Mesquite. The all-suite hotel owned by Profound Hotel Group, LLC is located at 500 Rodeo Center Boulevard. HE was brought on board in the preliminary phases of the project to ensure the project's success. Matt Saumer serves as General Manager and Thyme Ford serves as Director of Sales for the hotel. Connor Reyer serves as Assistant General Manager. HE's recent opening of a Texas regional office, based in Houston, was part of a strategic growth plan to provide optimal support for the firm's growing ...
IHG Signs With Pearl Grand Tower Hotel for InterContinental® Colombo Slated for 2019 Opening in Sri Lanka
IHG | July 16, 2018
India ,16th July 2018: InterContinental Hotels Group® (IHG), one of world's leading hotel companies, has signed a management agreement with Pearl Grand Tower Hotel (Private) Limited, to bring back the InterContinental brand to the Sri Lankan capital. Due to open in 2019, InterContinental® Colombo will feature 307 rooms including 47 suites. This iconic development will be spread across 480,000 sq. ft. and the luxury hotel is expected to be the tallest hotel tower comprising 42 floors, in Colombo 3, an important and established commercial area of the city. InterContinental® Colombo will be located centrally along Galle Road, o...
Epelboim Development Group Breaks Ground on 259-Room Tru by Hilton in Orlando, Florida
| July 16, 2018
ORLANDO, Fla.--Hilton and Epelboim Development Group today broke ground on a new Tru by Hilton property located in Orlando, Florida. Dignitaries, executives and other key individuals who were instrumental in pushing the project forward attended the July 12, 2018 event. The roster of VIPs and speakers included: from the Orange County Government Commissioner Betsy VanderLey and Jessie Allen; Executive Director from the Orange County Convention Center; Alexandra Jaritz, global head, Tru by Hilton; and Noel Epelboim, president and CEO of Epelboim Development Group. The 259-room, eight-story hotel will be located on Westwood Boulevard, just ...
Christian Metzner Appointed General Manager of W Kuala Lumpur
W Hotels Worldwide | July 16, 2018
Kuala Lumpur, July 2018 – W Hotels Worldwide, part of Marriott International has announced the appointment of Christian Metzner as General Manager of the highly anticipated W Kuala Lumpur, as the iconic brand prepares to debut its unique style of modern luxury in the Malaysian capital this summer. Metzner recently joined W Kuala Lumpur from The Andaman, a Luxury Collection Resort, Langkawi, where he has been the General Manager since 2014, and brings with him a wealth of experience having been part of Marriott International for the past 15 years. German-born Metzner's career with Marriott International began in 1996 at the Arabell...
Hospitality Financial Leadership: Credits to Cost of Sales in Food & Beverage
David Lund | July 16, 2018
By David Lund Giving the proper credits to your food and beverage operation is an important task. You want to ensure it is done consistently and fairly. This article examines all the usual credits, different types, the proper way to take them and why we need to take them. The first question to answer is why we need to credit the F&B operation for its goods used in other parts of our business. Someone once asked me why we don't credit maintenance for their costs when used in other departments. Or better still, why don't we credit rooms when staff members stay over because of bad weather or business volumes? Why is F&B so special?...
RSS 2018: Revenue Strategy Begins With Strong Leadership
RSS | July 12, 2018
Industry Leaders and Disruptors Gather to Learn Latest in Innovation and Technology Washington, July 12, 2018 — The sixth annual Revenue Strategy Summit brought together technology innovators and hospitality industry leaders, including brand executives and asset managers, to examine the challenges hotels face in maintaining rate growth and managing a distribution landscape that gets more complicated by the day. The one-day conference, held at the Knight Conference Center at the Newseum in Washington, D.C., combined hotelier-led panel discussions with keynote presentations on voice-activated digital assistants like Amazon's Alexa, ...
Marriott International Launches Tahseen Hospitality Training Program in Partnership With Helwan University and PDF
Marriott International, Inc. | July 11, 2018
CAIRO, Egypt, July 11, 2018 -- Marriott International (www.Marriott.com), the world's leading hotel company, reinforces its commitment to Egypt with the launch of Tahseen, a unique hospitality training program developed in response to a growing need for talent within the industry. Created in partnership with Helwan University and Professional Development Foundation (PDF), the program is focused on fast tracking the next generation of hospitality leaders from Egypt by providing them with firsthand experience and a springboard to launch successful careers in the industry. The company today unveiled the program at a signing ceremony graced...
Marriott Signs and Capital Alliance Partner to Debut AC Hotel Brand in Australia With 2020 Opening of AC Hotel by Marriott Melbourne Southbank
AC Hotels by Marriott | July 11, 2018
Marriott International Inc. today announced it has signed an agreement with Melbourne-based property development company Capital Alliance to introduce the AC Hotels by Marriott®, brand to Australia. The 200-room AC Hotel by Marriott Melbourne Southbank hotel is expected to open in 2020 as part of a dynamic mixed-use development. The hotel marks Marriott International's second major hotel deal with Capital Alliance, with Melbourne Marriott Hotel Docklands currently under construction, and underscores the hospitality company's growth in Australia. The AC Hotels brand was born from the vision of renowned hotelier Antonio Catalan, who f...
HFTP to Host Inaugural, Invitation-Only Club Forum in Sarasota, Florida This Month
HFTP | July 11, 2018
Immediately following HFTP's Florida Regional Conference at the Sarasota Westin Hotel Hospitality Financial and Technology Professionals (HFTP®) is hosting its inaugural HFTP Club Forum on July 28, 2018 at the Sarasota Westin in Sarasota, Florida USA - immediately following HFTP's Florida Regional Conference that is taking place from July 25-27, 2018 at the same location. HFTP's Club Forum is an executive-level event designed to provide club professionals with the opportunity to connect with industry peers, share ideas and discuss hot topics. The invitation-only event will be facilitated by Dr. Larry Ross, emeritus professor...
How to Use Data to Build a Profitable Resort
Luz Candelas | July 11, 2018
By Luz Candelas When I became a Director of Architectural Projects in August 2016, it was to provide our owners with a more data-driven approach to resort construction. How existing resorts are operated and how new properties are developed must keep pace with both technology and planned growth. Your project managers, working directly with resort owners, should create cohesive brand standards. You want to assure resort guests that certain aspects of their stay will always be consistent. The focus needs to be on constantly delivering high quality dining, entertainment and bathroom amenities and still provide a new and unique experience at...
Is GDPR Legislation Coming to U.S. Hotels?
Jim Butler | July 10, 2018
By Jim Butler and the Global Hospitality Group® 10 July 2018 Privacy legislation is dominating the news cycle these days–and it's unlikely to slow down. Now, as U.S. companies are adjusting to the requirements of the European Union's General Data Protection Regulation, the State of California has introduced new laws that will apply to California companies or companies doing business in California. Senior member of JMBM's Global Hospitality Group® and Co-Chair of the Firm's Cybersecurity & Privacy Group Bob Braun discusses the implications of the new legislation and how it will impact hotels, below. California Adopts th...
Hilton Appoints Jorge Giannattasio as Senior Vice President and Head of Caribbean and Latin America Operations
Hilton | July 9, 2018
MCLEAN, Va. – July 9, 2018 - Hilton announced today the appointment of Jorge Giannattasio as senior vice president and head of Caribbean and Latin America operations. In his newly appointed position, Giannattasio will oversee the dynamic region where Hilton currently operates a portfolio of more than 130 hotels. "We are thrilled to welcome Jorge, who has an impressive track record of working with organizations to maximize growth, customer satisfaction and profitability," said Joe Berger, executive vice president & president, Americas, Hilton. "As we continue our aggressive Caribbean and Latin America expansion with more than 8...
Hospitality Financial Leadership: Why Hotel Brands and Franchisers Secretly Love the OTAs
David Lund | July 9, 2018
By David Lund I know we all hear the battle cries every day in our industry, but what's really going on with hotel brands, franchisers, the online travel agents and their war over commissions and fees? In this piece, I am going to expose an angle that I think needs some light. It gets back to a fundamental understanding of how our industry functions based on its evolved structure, with brands and owners. I also believe this is a good lesson in hotel business strategy, to understand what underpins the relationship between the warring parties and what drives the business model with hotel franchisers and brands. The first thing to know abo...
Leisure Real Estate Advisors, LLC Selected to Represent a Hilton-Marriott Portfolio in Salina, KS
Leisure Real Estate Advisors, LLC | July 7, 2018
Leisure Real Estate Advisors, LLC, is pleased to announce its engagement as exclusive marketing agent for the sale of a three property Hilton-Marriott branded portfolio located in Salina, KS. "We are extremely pleased to have received this assignment", says Brent A. Jaynes, co-founder and managing partner of Leisure Real Estate Advisors, LLC. "The Hilton and Marriott names are premium brands and represent institutional grade name recognition", comments Mr. Jaynes. "All of these fine hotels are well positioned within this market and represent very attractive assets to potential investors." The Hilton Garden Inn opened in Sept, 2017 and i...
Owned and Managed by CN Hotels, TownePlace Suites by Marriott Opens in Charleston, South Carolina
TownePlace Suites by Marriott | July 5, 2018
Charleston, SC – July 5, 2018 – Get ready to be real and be you on long stays. Marriott International's TownePlace Suites by Marriott Charleston/West Ashley is scheduled to open for business today. 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 Charleston area. The new TownePlace Suites Charleston/West Ashley located at 805 Orleans Road, continues to exemplify the brand's rapid growth. The new hotel will operate as a Marriott franchise, owned and managed by CN Hotels of Greensboro, No...
New York Hilton Midtown Appoints Jason Tresh as Hotel Manager
Hilton Hotels & Resorts | July 5, 2018
NEW YORK (July 5, 2018) — New York Hilton Midtown has appointed Jason Tresh to hotel manager effective today. Possessing over 20 years of strategic business and hospitality experience, Tresh will oversee day-to-day operations while ensuring an elevated experience for all guests of the iconic 1,931-room property. "As a prized member of the Hilton family for over a decade, including a seven-year tenure at New York Hilton Midtown, Jason's proven leadership skills will ensure the continued success of our hotel operations and overall guest satisfaction" said Diarmuid Dwyer, New York Hilton Midtown general manager. Most recently, Tresh ...
Spirides Arranges $5 Million Hotel Construction Loan for New Holiday Inn Express in Latta, SC
Spirides Hospitality Finance Company, LLC | July 4, 2018
TAMPA, FL—Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $5 million senior loan facility from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Latta, South Carolina. This soon to be built Holiday Inn Express will feature 68 guest rooms and suites in one 4-story building situated on 4 acres of land. It will be located at 1325 Cattle Farm Road at SC Highway 38 just off of Interstate 95 Exit 181 near the City of Latta in Dillon County, SC which is part of the Florence metropolitan area. Exit 181 is one of the primary exits off of Interstate 95 that...
Hospitality Financial Leadership: Top 10 List – How to Create More Hospitality Financial Leadership
David Lund | July 2, 2018
By David Lund 1. You can increase the way you lead your team financially. Create an environment that has your managers working together on the "business" of running your hotel. It all starts by knowing that it is a team effort and it can't be done properly by only the executive. Line level managers need to be included. The idea that someone produces numbers in a vacuum and gives them to a manager to hit is absurd. If you're doing that today, stop it. 2. Know this, what we place our attention on grows. Financial leadership in your hotel is no different. Like service and colleague engagement we must invest time, resources and our efforts ...
Twelfth Avenue Realty Holdings to Debut W Hotels Brand in Music City With 2020 Opening of W Nashville
W Hotels Worldwide | July 2, 2018
NEW YORK – July 2, 2018 – How do you make Music City USA even more exciting? Set up a new stage for people to play. W Hotels Worldwide, part of Marriott International, today announces the anticipated 2020 opening of W Nashville. Owned by Twelfth Avenue Realty Holdings, the new-build hotel is the latest North American development in the brand's packed line-up of extraordinary new hotels across the United States and beyond, including the soon to open W Aspen and W Philadelphia. Known for pushing the boundaries of modern design, W Hotels will infuse the rich culture and musical legacy of Nashville into every aspect of the prope...
Hilton Opens Dual-Branded Hampton by Hilton Monterrey Apodaca and Homewood Suites by Hilton Monterrey Apodaca in Mexico
Hampton by Hilton | July 2, 2018
MONTERREY, Mexico and MCLEAN, Va. - Hilton (NYSE: HLT) today announced the opening of its newest hotel, the dual-branded Hampton by Hilton Monterrey Apodaca and Homewood Suites by Hilton Monterrey Apodaca. This opening represents Hilton's second dual-brand hotel in Mexico. "While expanding our presence in Latin America, we have focused on growing the dual-brand segment of Hilton's portfolio, as well as the Homewood Suites by Hilton brand set to open eight properties across Latin America, including four in Mexico," said Juan Corvinos, vice president, development, Latin America and the Caribbean, Hilton. "We recognize the importance of bl...
IHG Completes Acquisition of 51% Stake in Regent Hotels & Resorts for $39 Million
IHG | July 2, 2018
InterContinental Hotels Group (IHG) is pleased to confirm that its acquisition of a 51% stake in Regent Hotels & Resorts ('Regent') has now completed. The 51% interest has been acquired for $39 million in cash, payable in three tranches of $13 million. $13 million was paid on completion, with the second amount due in 2021 and the third in 2024. IHG will have the right to acquire the remaining 49% interest in a phased manner from 2026. As detailed in the announcement published on 14th March 2018, IHG will bring Regent into its brand portfolio at the top end of the luxury segment and will accelerate its growth globally, supported by I...
IHG Signs With Hotel Marina Agra for Holiday Inn Agra MG Road in India
June 28, 2018
InterContinental Hotels Group (IHG), one of world's leading hotel companies has signed a management agreement with Hotel Marina Agra for Holiday Inn Agra MG Road. The 150-room hotel is expected to be rebranded and operational in 2018. The signing marks the company's debut in Agra and also completes IHG's presence in the Delhi-Jaipur-Agra Golden Triangle tourist circuit. A great destination for leisure travelers, Holiday Inn Agra MG Road is a 15 minutes' drive from popular UNESCO World Heritage sites such as Agra Fort and Taj Mahal, both key tourist attractions of the city. On opening, the hotel will offer stunning views of the iconic mo...
Hilton Appoints Matt Fry as New Senior Vice President of Development in Asia-Pacific
Hilton | June 25, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today announced the appointment Matt Fry as senior vice president, development in Asia-Pacific (APAC). Effective August 6, 2018, Fry will oversee the team responsible for the overall development strategy for APAC. "We are thrilled to have Matt join our team and oversee the strategic growth in APAC," said Ian Carter, president, global development, architecture, design and construction, Hilton. "His appointment represents our commitment to building on our tremendous success and achievements there. Matt's extensive experience in the real estate and development industry will be invaluable as we continue to e...
