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
HFTP Launches New F&B Bytes Site, an Addition to Its Online News Portfolio
HFTP | June 5, 2018
A daily, online news source for professionals working in the food and beverage industry Hospitality Financial and Technology Professionals (HFTP®) continues to build on its online news series with the addition of its F&B Bytes website. Powered by Hsyndicate, an electronic media-hub based in The Netherlands, F&B Bytes is an aggregated content destination where users will find the latest food and beverage news all in one place. Recognized as a global educator in the hospitality industry, HFTP now offers hospitality professionals online news resources specific to technology, clubs, finance, GDPR, F&B and its association at ...
Inuyama, in Japan’s Aichi Prefecture, to Debut Hotel Indigo, Its First Internationally-Branded Hotel
IHG | June 5, 2018
Inuyama, in Japan's Aichi Prefecture, will get its first internationally-branded hotel, with IHG® and Nagoya Railroad (Meitetsu) signing an agreement to open Hotel Indigo Inuyama Urakuen in the second half of 2021. 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. That's why Inuyama, with its rich history, castle, museums and teahouses, is the perfect fit for the brand. The 150-room hotel originally opened in 1965 and currently operates as the Meitetsu Inuyama Hotel, the leading hotel in the area. Building on...
La Corsha Hospitality Group Migrates to Aptech PVNG Enterprise Accounting
La Corsha Hospitality Group | June 5, 2018
At HITEC in Houston Visit Aptech in Booth #1519 JUNE 18-21, 2018 George R. Brown Convention Center 10-Property La Corsha Converts from Aptech's Profitvue Hotel Accounting Software to PVNG Web-Based Enterprise Accounting to Simplify Multi-Company Financials, Reporting and Data Access PITTSBURGH – June 5, 2018 – Aptech Computer Systems announced La Corsha Hospitality Group implemented the PVNG Enterprise Accounting System across 10 properties. La Corsha converted from Aptech's Profitvue hotel accounting software to web-based PVNG to enable remote accounting operations and greater financial reporting flexibility. La Corsha (LCH...
IHG Partners With SDB Developers to Expand Presence in Kolkata with Signing of Holiday Inn Resort Kolkata NH6
IHG | June 5, 2018
InterContinental Hotels Group (IHG), one of world's leading hotel companies has announced a partnership with SDB Developers to bring a second Holiday Inn hotel to Kolkata. As part of the agreement, the 110-room Holiday Inn Resort Kolkata NH6 will have 90 rooms operational by the end of 2018, with 20 additional rooms expected to be operational by 2020. The new resort will expand the growing presence of the Holiday Inn brand family in the country. Sprawling across 12 acres of land in Uluberia, a city that comes under the Kolkata Metropolitan Area, Holiday Inn Resort Kolkata NH6 is strategically located to offer excellent connectivity to c...
Germany Leads Europe’s Hotel Construction Pipeline; London Ranks as Top City
Lodging Econometrics (LE) | June 5, 2018
June 5, 2018 – PORTSMOUTH, NH – According to analysts at Lodging Econometrics (LE), the top countries in the Europe Construction Pipeline by project count are: Germany with 246 Projects/47,927 Rooms, United Kingdom with 246 Projects/36,585 Rooms, and France with 121 Projects/13,618 Rooms. Next, all with 80 projects, is Russia with 80 Projects/15,520 Rooms, Poland with 80 Projects/12,468 Rooms, and Portugal with 80 Projects/8,310 Rooms. These three countries are followed closely by Spain with 79 Projects/11,457 Rooms and Turkey with 70 Projects/11,278 Rooms. Cities in Europe with the largest pipelines by room count are...
Marriott International Unveils Transformation Vision for Sheraton Hotels and Resorts
Marriott International, Inc. | June 4, 2018
Marriott International (NASDAQ: MAR) today announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio, and the largest outside of North America in terms of room count. The company, which introduced its new Sheraton guestroom late last year, is showcasing its vision for Sheraton's public spaces at the NYU International Hospitality Industry Investment Conference in New York, bringing to life for owners and investors the company's brand strategy as well as its signature focus on guest experience, hotel operations and design philosophy. "From the moment we closed the Starwood merger in late...
Hilton Honors Its Top Owners and Developers; Awards Presented at NYU International Hospitality Conference
Hilton | June 4, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today recognized its top owners and developers as winners of the 2017 Hilton Owner Awards. In addition to the annual Development Awards announced each year at the NYU conference, Hilton added a "Top Performer" category to celebrate owners achieving excellence in guest experience and business performance. "Our owners are incredible partners and we are deeply appreciative of their many contributions to our nearly 100-year legacy of spreading the light and warmth of hospitality," said Christopher J. Nassetta, president and CEO, Hilton. "Today we are honored to unveil our 2017 Hilton Owner Awards, which cele...
Europe’s Hotel Construction Pipeline Is Healthy and Continues to Rise
Lodging Econometrics | June 4, 2018
June 4, 2018 – PORTSMOUTH, NH According to a recent Hotel Construction Pipeline Trend Report for Europe, analysts at Lodging Econometrics state that the Total Pipeline is climbing steadily with 1,366 Projects/214,792 Rooms, a 29% increase by projects Year-Over-Year (YOY). The pipeline in Europe has nearly doubled since the cyclical low of 687 Projects/116,272, recorded in Q3 of 2010. There are 715 Projects/115,869 Rooms Under Construction, up 36% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 391 Projects/61,928 Rooms, up 35%, while projects in Early Planning are at 260 Projects/36...
Latin America’s Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY
Lodging Econometrics (LE) | May 31, 2018
May 31, 2018 – PORTSMOUTH, NH – According to the recent Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), the Total Construction Pipeline in Latin America has 776 Projects/134,143 Rooms, down 8% by projects Year-Over-Year (YOY). There are 365 Projects/64,004 Rooms Under Construction, down 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 213 Projects/33,536 Rooms, up 28%, while those in Early Planning are at 198 Projects/36,603 Rooms, down 32% YOY. ...
Aztec Group Arranges $42 Million Construction Financing for Concord Hospitality’s Marriott Autograph Collection Hotel in West Palm Beach, FL
Aztec Group | May 31, 2018
Miami – May 31, 2018 – Aztec Group announced today that the firm has arranged $42 million in financing for the development of a new luxury Marriott Autograph Collection Hotel along the Intercoastal in downtown West Palm Beach, Fla. Boaz Ashbel, Managing Director of Aztec Group, organized the financing through Florida Community Bank, N.A. ("FCB") on behalf of the hotel's owner and operator, Concord Hospitality Enterprises Company. The hotel will offer 208 guestrooms, a full-service restaurant, state-of-the-art fitness center, more than 4,000 square feet of meeting space, surface structured parking and a rooftop swimming pool ...
GDPR: What You Need to Know About the EU’s New Data Privacy Rules
Jim Butler | May 31, 2018
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 31 May 2018 The European Union's General Data Privacy Regulation, rules protecting the privacy of personal information, has gone into effect and impacts every company that does business in the EU. This will impact hotel owners, developers, brands, operators and managers–any company with a hotel property in the EU or that collects information from EU citizens must adhere to the new regulations. What does that mean for your business, and where should you start the process of compliance? Senior member of JMBM's Global Hospitality Group...
2.5% Growth Rate of New Hotel Openings Expected in 2018 and 2019 in the United States
Lodging Econometrics | May 31, 2018
May 31, 2018 – PORTSMOUTH, NH By the end of 2018, the Census of Open & Operating Hotels in the U.S. is expected to grow by 2.5% with 1,146 Projects/130,877 Rooms opening up according to published reports from Lodging Econometrics (LE). Of those expected to open, 511 Projects/50,105 Rooms will be Upper Midscale, the highest count of any chain scale and 45% of all new openings. In 2019, the Census is expected to grow another 2.5% by opening 1,215 Projects/137,105 Rooms, about 6% more projects than are anticipated to open in 2018. In 2019, New York is again the top market for New Hotel Openings with 47 Projects/7,239 Rooms...
Extended-Stay Hotels Account for 27% of All Projects Under Construction in the United States
Lodging Econometrics | May 31, 2018
May 30, 2018 – PORTSMOUTH, NH According to recent reports from Lodging Econometrics (LE), 1,360 Projects/143,379 Rooms in the U.S. Construction Pipeline are Extended-Stay projects. Of these, 428 Projects/47,340 Rooms are already Under Construction, accounting for 27% of all projects Under Construction in the Total Pipeline. Additionally, 628 Projects/66,846 Rooms are Scheduled to Start Construction in the Next 12 Months while an additional 304 Projects/29,193 Rooms are in Early Planning. Home2 Suites by Hilton currently has the largest Extended-Stay Pipeline with 377 Projects/39,474 Rooms. The second largest brand is Marrio...
Hotel Tech Sales Has Changed: Decisions Are Made Before Buyers Even Call
Alan E. Young | May 31, 2018
By Alan E. Young According to a recent survey by Forbes, B2B customers progress more than 70% of the way through the decision-making process before engaging a sales representative. This stands as an alarming realization for some companies, as they may find themselves resorting to aggressive last-minute sales tactics and discounts in an attempt to seal the deal within that final 30%. And, yet — for those who truly understand the value that content brings (holistic, value-focused and cadence-savvy content, specifically) brings, these findings come as no surprise. Further to that, they are seen in a favorable light, because that 70% ...
DUR Hospitality and IHG Open the 304-Room Crowne Plaza Riyadh Palace
IHG | May 30, 2018
IHG (InterContinental Hotels Group), one of the world's leading hotel companies has today announced the opening of Crowne Plaza Riyadh Palace in partnership with DUR Hospitality. The 304-room hotel adds to the growing portfolio of IHG hotels in the Kingdom of Saudi Arabia. Crowne Plaza Riyadh Palace is strategically located in the Ministries Quarter, a popular business district that is close to major Saudi financial institutions and Government offices. The hotel is conveniently located 15 minutes from King Fahd Stadium and the King Fahd Cultural Centre, and is less than 30 minutes' drive from King Khalid International Airport, making it...
Fairfield Inn & Suites by Marriott Opens in Melbourne, Florida Led by General Manager Kevin Arcieri
Fairfield Inn & Suites | May 30, 2018
Melbourne, Florida – May 30, 2018 – The 116-room Fairfield Inn & Suites by Marriott in Melbourne, Florida is scheduled today Wednesday, May 30, 2018 with a new décor that provides guests with a feeling of warmth and calm while traveling. Located at 2400 Town Center Avenue, the Fairfield Inn & Suites Melbourne/Viera will operate as a Marriott franchise, owned and managed by Sycamore Investment Group of Orlando, Florida. Located in TownCenter Viera next to Avenue Viera, the Fairfield Inn & Suites Melbourne/Viera offers guests convenient access to the USSSA Space Coast Complex, Kennedy Space Center and the Br...
Owned and Managed by Sunridge Hotel Group, New Residence Inn by Marriott Set to Open in Provo, Utah
Residence Inn by Marriott | May 30, 2018
Provo, UT – May 30, 2018 – The 100-suite Residence Inn by Marriott in Provo, Utah is scheduled to open this Monday, June 4, 2018. Located at 1290 South University Avenue, the all-suite Residence Inn Provo South University will operate as a Marriott franchise, owned and managed by Sunridge Hotel Group of Mesa, Arizona. Located two miles from downtown and five miles from the Provo Municipal Airport, the Residence Inn Provo South University offers its guests convenient access to Brigham Young University, Utah Valley University and the Provo Temple. Rates vary depending on length of stay. "We are pleased with the continued growt...
43% of All U.S. Hotel Construction Projects Are Upper Midscale
Lodging Econometrics | May 30, 2018
May 30, 2018 – PORTSMOUTH, NH -- Analysts at Lodging Econometrics (LE) report that together the Upper Midscale and Upscale Pipelines comprise 72% of all projects in the Total Pipeline. The Upper Midscale category, including unbranded projects, has 2,278 Projects/233,150 Rooms and is the largest chain scale in the U.S. Construction Pipeline. The second largest chain scale including unbranded is the Upscale category which has 1,529 Projects/208,334 Rooms. The brands with the largest number of projects in Upper Midscale are: IHG's Holiday Inn Express with 438 Projects/40,657 Rooms and from Hilton, Home2 Suites 377 Projects/39,...
Hospitality Financial Leadership: The General Manager’s Yardstick
David Lund | May 29, 2018
By David Lund I have seen a lot of different management styles over my 35 years in hospitality. The one I am going to write about in this piece was not the typical General Manager. This is clearly an opinion piece and it is also what I think is a best practice for a top down governance of a business. It is also easily adaptable for just about anyone especially if they like a bit of control. Before I get into describing this one particular GM's management style I am going to outline what I would say is the "typical GM" and what their modus operandi is. The typical GM I have seen, worked with, and gotten to know over the last three and a ...
RoomKeyPMS Integrates With revintel, Rainmaker’s Business Intelligence (BI) Solution
Rainmaker | May 29, 2018
Vancouver, May 29, 2018 – RoomKeyPMS and Rainmaker, a leading hotel revenue and profit optimization platform, today announced the integration between our cloud-based property management system (PMS) and revintel, Rainmaker's business intelligence (BI) solution. "We continue to add leading technology products to our suite of interfaces that allow our hotel customers to utilize RoomKeyPMS at the center of a growing technology eco-system", said Tim Major, CEO of RoomKeyPMS. "We recognize the ever-increasing need for revintel's business intelligence solution to extract knowledge from ever growing volumes of data analytics and provide ...
Multi-Platinum Artist FLO RIDA Will Perform at the HITEC Houston Opening Party, Presented by Samsung
HFTP | May 25, 2018
HITEC Opening Party taking place Monday, June 18 from 6:30 to 9:30 p.m. at House of Blues Houston Hospitality Financial and Technology Professionals (HFTP®), producers of Hospitality Industry Technology Exposition and Conference (HITEC®), is pleased to announce a partnership with Samsung for the upcoming HITEC Houston Opening Party this June. HITEC Houston attendees are invited to the Opening Party, which will be a lively event filled with entertainment and food. Multi-platinum entertainer Flo Rida – one of the most downloaded artists of all time with 29 Billboard Hot 100 hits, over two billion YouTube views and over 80 mi...
Total Construction Pipeline in Canada Up 11% by Projects YOY
Lodging Econometrics (LE) | May 24, 2018
According to Lodging Econometrics (LE), the total Construction Pipeline in Canada currently has 237 Projects/29,881 Rooms, up 11% by projects Year-Over-Year (YOY). There are 90 Projects/11,811 Rooms Under Construction, up 20% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 93 Projects/10,658 Rooms, up 11%, while those in Early Planning are at 54 Projects/7,412 Rooms, down 2%. The top hotel companies in Canada's Construction Pipeline by projects are: Marriott with 54 Projects/7,718 Rooms, InterContinental Hotels Group (IHG) with 44 Projects/4,528 Rooms, and Hilton with 38 Projects/4,319 Rooms. The l...
Radisson Hotel Group Appoints Ramzy Fenianos as Chief Development Officer, Asia Pacific
Radisson Hotel Group | May 24, 2018
Radisson Hotel Group has appointed Ramzy Fenianos as Chief Development Officer, Asia Pacific. Joining on 11th June 2018, Ramzy will be based at the company's Asia Pacific headquarters in Singapore. He will also be a member of the Asia Pacific executive committee. In this key role, he will oversee all aspects of the group's regional development activities, including leading the Asia Pacific development team in identifying new opportunities to drive growth and strategic expansion of our hotel portfolio. "In line with Destination 2022, our company's new strategic and operating plan, we have ambitious goals for the expansion of our Asia Pac...
Ryman Hospitality Properties Reveals Plans for $150 Million Expansion of Gaylord Palms Resort & Convention Center
Ryman Hospitality Properties, Inc. | May 24, 2018
NASHVILLE, Tenn., May 24, 2018 -- Ryman Hospitality Properties, Inc. (NYSE:RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today announced plans for a $150 million expansion of Gaylord Palms Resort & Convention Center in Kissimmee, Fla. The planned expansion will add 303 guest rooms to the resort's current 1,416 room inventory and 90,000 square feet of carpeted meeting and pre-function space. Once complete, the planned expansion will bring the total convention, meeting and pre-function space at Gaylord Palms to approximately 490,000...
