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
AD1 Global, ASI Global and EB5 Florida Hotels to Break Ground on 120-Room Fairfield Inn & Suites in Tamarac, Florida
AD1 Global | March 8, 2018
AD1 Global, Tamarac elected officials and co-developers ASI Global and EB5 Florida Hotels are holding an official ground breaking ceremony on March 19th at the Colony West Golf Club to commemorate the new Fairfield Inn. The new 120-room Fairfield Inn & Suites by Marriott, located at 6800 NW 88th Ave, which will include a pool and splash pad, will be another amenity for the city to offer its visitors. The project also entails the construction of a clubhouse, banquet facilities and golf cart barn. "We are proud to be a partner of the great city of Tamarac," said Daniel Berman, AD1 Global President. "We believe this project will have a...
Union Investment Acquires The Porter in Downtown Portland, Oregon for EUR 120 Million ($149M)
| March 7, 2018
Union Investment has acquired the boutique and lifestyle hotel The Porter in Portland on the west coast of the US, which opened at the beginning of the year. Offering 294 rooms, the property is part of the Curio Collection by Hilton brand, a global portfolio of exceptional hotels for discerning travellers. The developer, vendor and operator of the hotel is Widewaters Hotel, LLC, which has already developed and acquired 38 hotels and currently successfully operates 18 hotels in the US. The purchase price is around EUR 120 million, with the acquisition being made on behalf of open-ended real estate fund Unilmmo: Global and thus further st...
Quinta del Golfo de Cortez Plans June 2018 Opening for Solaz, a Luxury Collection Resort, Los Cabos
March 6, 2018
The Luxury Collection Hotels & Resorts today announced the brand's first hotel in Baja California Sur with the opening of Solaz, a Luxury Collection Resort, Los Cabos in June 2018. Operated by Quinta del Golfo de Cortez (QGC), Solaz Resort is a beachfront oasis featuring a 128-room luxury hotel and 21 extravagant residences. Nestled on a coveted 34 acres overlooking the Sea of Cortez, Solaz Resort highlights The Luxury Collection's impressive expansion in Mexico, where the brand now boasts a total portfolio of seven hotels throughout Baja California Sur, Campeche, Mexico City, and Yucatan. "The debut of Solaz Resort marks The Luxury...
Hotel Equities Adds Four Points by Sheraton in York, Pennsylvania to Management Portfolio
Hotel Equities | March 6, 2018
ATLANTA, GA (March 6, 2018) – Atlanta-based Hotel Equities (HE) recently added the management of the Four Points by Sheraton in York, Pennsylvania. Located at 1650 Toronita Street and serving the business district on the city's north side, the hotel is Hotel Equities' first in the state of Pennsylvania. Sky Points Hospitality, LLC owns the 146-room property and plans a renovation. "We're excited to add another Four Points by Sheraton hotel to our growing portfolio and partner with P'tosh Hotels as we continue our growth in the northeast." said Joe Reardon, Sr. Vice President of Business Development and Marketing for Hotel Equities...
TravelClick and Google Expand Partnership to Help Hoteliers Maximize Revenue in an Increasingly Competitive Market
TravelClick | March 6, 2018
Partnership Gives Hotels an Edge with Early Access to New Beta Products and Unique Data NEW YORK – March 6, 2018 – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today announced the Company's expanded relationship with longtime partner Google to enable hoteliers to drive more direct bookings and revenue. This partnership helps independent and small to mid-sized hotel chains to better identify, attract and convert guests when using the combined Google and TravelClick solutions. "In a world where hundreds of thousands of hotels compete daily to win reservations, Google's meta sea...
Panache Management, LLC Selects Aptech Business Intelligence and Enterprise Back Office
Panache Management, LLC | March 6, 2018
Execuvue® BI and PVNG Enterprise Back Office will Handle Financial Analysis and Centralized Accounting for 8 Panache Management, LLC Hotels PITTSBURGH – March 6, 2018 – Aptech Computer Systems announced that Panache Management, LLC selected Aptech's Execuvue Hospitality Business Intelligence and PVNG Enterprise Accounting Systems. Panache will implement the solutions to streamline property data gathering, performance analysis, and centralize financial reporting for its eight hotels. Panache Management, LLC manages hotel brands with equity-interest. Its portfolio includes Hilton, Marriott, InterContinental, Choice, and bo...
North America Tops Global Construction Pipeline With 6,226 Projects Followed by Asia Pacific and EMEA
Lodging Econometrics | March 5, 2018
March 5, 2018 – PORTSMOUTH, NH – Lodging Econometrics (LE) has released its Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world where currently, the top regions by project count are: North America with 6,226 Projects/797,949 Rooms, Asia Pacific with 4,231 Projects/911,454 Rooms and EMEA with 2,174 Projects/418,391 Rooms. The top countries by project count are the United States with 5,151 Projects/623,695 Rooms and China with 2,519 Projects/560,664 Rooms. The U.S. accounts for 41% of the projects in the Global Pipeline while China accounts for 20%, resu...
Hospitality Financial Leadership – Who Has ALL the Risk and Why?
David Lund | March 5, 2018
By David Lund In the hotel business, we have lots of stakeholders: brands, managers, executives, and owners. But one has by far the biggest risk. The risk in this sense is holding a large hand of cards and the game is suddenly over and you must cash out all of those face cards and tens. What happens in the hotel business when the phones stop ringing? Who must pay the piper? It has been seven great years in most markets in North America that the hotel sector has been strong and growing year over year. Some markets have produced several years of strong single and even double-digit RevPAR growth. With the great RevPAR growth comes solid pr...
Pebblebrook Hotel Trust Introduces 6th Annual Pebby Award Winners
Pebblebrook Hotel Trust | March 5, 2018
HOLLYWOOD, Calif.--Pebblebrook Hotel Trust (NYSE: PEB) (the "Company") today announced the winners of its sixth annual Pebby Awards. The Pebby Award winners were chosen for their outstanding accomplishments in 2017, as determined by the Company. "Our Pebby awards seek to honor the tremendous achievement and extraordinary leadership by our hotel management teams in 2017," noted Jon Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust. "Although many of our properties turned in exceptional performances this year, these award winners stood a head above the rest in accomplishing the sustained operational excelle...
7% Year-Over-Year Growth in the Global Construction Pipeline With 12,631 Projects in Total Pipeline
Lodging Econometrics | March 2, 2018
March 2, 2018 – PORTSMOUTH, NH – The Lodging Econometrics (LE) Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world, states that the Total Global Pipeline stands at 12,631 Projects/2,127,794 Rooms, up 7% by projects Year-Over-Year (YOY). There are 5,847 Projects/1,101,707 Rooms Under Construction, up 6% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 3,744 Projects/548,876 Rooms, are up 2% while projects in Early Planning at 3,040 Projects/477,211 Rooms are up 17% YOY. The leading franchise companies in the Global Con...
Hilton Recognizes Team Members with 2017 CEO Light and Warmth Award
Hilton | March 1, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today awarded 12 Team Members with the company's most prestigious recognition: the 2017 CEO Light & Warmth Award. The annual accolade celebrates Team Members from across levels and geographies who consistently over-deliver on the job and model the company's values of Hospitality, Integrity, Leadership, Teamwork, Ownership and Now. This year's recipients range from chefs and bartenders to managers and laundry attendants, and have gone beyond their job duties to provide for fellow colleagues, guests and their communities. That includes supporting colleagues and their families during the nat...
Walton Street Capital Mexico to Transform the Former La Tranquila Resort in Punta de Mita, Mexico as Conrad Playa Mita
Conrad Hotels & Resorts | March 1, 2018
PUNTA DE MITA, Mexico — March 01, 2018 — Conrad Hotels & Resorts, Hilton's (NYSE: HLT) global affluent hotel brand, today announces plans to redesign and reopen the former La Tranquila Resort in Punta de Mita, Mexico as Conrad Playa Mita in winter 2019. Following a multi-million dollar investment, the re-imagined property will welcome guests to an exclusive tropical oasis. "As one of the most popular tourism destinations in Latin America, Mexico continues to be a priority market in our regional growth plans," said Juan Corvinos, vice president, development, Latin America and the Caribbean, Hilton. "With the recent signin...
TravelClick Launches Artificial Intelligence-Powered Campaign Advisor
TravelClick | March 1, 2018
NEW YORK – March 1, 2018 – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today announced the launch of Campaign Advisor on the Company's Guest Management Solutions (GMS) platform. Powered by data from billions of customer touchpoints across the entire guest journey, Campaign Advisor allows hoteliers to better target their marketing and drive more direct bookings. Campaign Advisor's AI-powered, predictive algorithm maximizes bookings for hotels by determining the best send time for each guest. Hotels can set allotted windows of time to send marketing campaigns, and Campaign Adv...
Hilton Appoints Noelle Eder as Chief Information and Digital Officer
Hilton | March 1, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today announced the appointment of Noelle Eder as executive vice president and chief information and digital officer. Effective March 19, Eder will oversee the continued digital transformation benefiting the guests and team members of the world's most hospitable company. "You don't get to be a leader in hospitality and digital technology without focusing first on your guests," said Jon Witter, chief customer officer. "From smartphone capabilities like Digital Key to connected rooms that allow for integrated entertainment, temperature and lighting controls, Hilton is leading the way...
Kyren Group and IHG to Reintroduce Crowne Plaza to Australia with Development of the Crowne Plaza® Adelaide
IHG | March 1, 2018
Crowne Plaza® Adelaide will return in 2020, bringing the leading upscale brand back to the city, bigger and better than ever at its new address in Adelaide's tallest building, Frome Central Tower One. The signing between IHG and Kyren Group will see Crowne Plaza Adelaide open in 2020 on Frome Street, between Rundle Street and North Terrace in the vibrant east end, giving guests unrivalled access to the city's retail, commercial office, education and iconic cultural attractions, including restaurants, museums, galleries, universities and gardens. Martin Haese, Lord Mayor of Adelaide commented on the announcement: "I welcome the addit...
Research Reveals the Misconceptions Turning Young Brits Away From Hospitality Careers
IHG | February 28, 2018
Less than a quarter (22%) of 16 to 21 year olds say they would consider a career in Hospitality One in three respondents believed it wasn't a career you'd enter into after obtaining a degree Over 40% admitted their perceptions were influenced by the attitudes of their parents Research comes as IHG® (InterContinental Hotels Group) launches National Hotel Takeover aimed at tackling misconceptions about the Hospitality industry 28th February, 2018 (LONDON, UK) – New research has revealed that less than a quarter of young Brits would consider a career in hospitality, with almost one in three (26%) admitting they didn't see i...
Growth Remains Steady for China’s Construction Pipeline With Projects Up 6% YOY
Lodging Econometrics | February 28, 2018
February 28, 2018 – PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that according to the recent China Construction Pipeline Trend Report, the Total Pipeline has 2,471 Projects/548,628 Rooms, up 6% by project Year-Over-Year (YOY). There are 1,743 Projects/374,156 Rooms Under Construction, up 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 365 Projects/80,216 Rooms, up 28% by project YOY, while projects in Early Planning at 363 Projects/94,256 Rooms are down 5%. The top hotel companies in China's Construction Pipeline are: Hilton Worldwide with 327 Projects/77,270 Rooms,...
Harbor Club St. Lucia Signs With Hilton to Join Curio Collection in April 2018
Curio Collection by Hilton | February 28, 2018
GROS ISLET, St. Lucia and MCLEAN, Va. – Feb. 28, 2018 – Hilton (NYSE: HLT) today announces the signing of Harbor Club St. Lucia, Curio Collection by Hilton, the brand's first property on the island and a welcomed addition to Hilton's expanding portfolio in the Caribbean. Owned by The Harbor Club Ltd., the nautically-inspired hotel is set to join Curio Collection by Hilton in April 2018. The property features 115 spacious cabin-style rooms and suites, 10 bars and dining outlets, four swimming pools, a spa, world class gym and meeting space. "As our first Curio Collection by Hilton property in St. Lucia, the signing of Harbor ...
Cleveland Marriott Downtown at Key Center Appoints Hartmut Ott as General Manager
Cleveland Marriott Downtown at Key Center | February 28, 2018
CLEVELAND (February 2018) – Hartmut Ott was appointed general manager of the Cleveland Marriott Downtown at Key Center, 1360 W Mall Dr. With more than 20 years of experience in the hospitality industry, Ott will oversee all aspects of the property including an extensive renovation currently underway of the property's public spaces, which include the front desk, lobby, meeting and event space, as well as the spa and a redefined restaurant that is soon to take shape. "We are thrilled to welcome Hartmut to our team and look forward to the leadership and guidance he will bring to the Cleveland Marriott and our team of associates," sai...
Hilton Kota Kinabalu Appoints Linda Pecoraro as New General Manager
Hilton Hotels & Resorts | February 27, 2018
SABAH, Malaysia - Hilton today announced the appointment of Linda Pecoraro as general manager of the 302-room Hilton Kota Kinabalu. Pecoraro will support Jamie Mead, regional general manager, Hilton Malaysia to oversee the operation and lead the management team at the hotel located in Sabah's capital city, Kota Kinabalu. Jamie Mead, regional general manager, Hilton Malaysia said, "We are very proud to have Linda leading the team at Hilton Kota Kinabalu. We are very confident that under her leadership the hotel will reach new heights and raise the standard of hospitality within the area. Linda adds to the growing pool of female ...
DUR Hospitality, Via a Franchise Agreement with IHG, to Rebrand Riyadh Palace Hotel as Crowne Plaza Riyadh Palace
IHG | February 27, 2018
Dur Hospitality, the Saudi grown hospitality company, and IHG (InterContinental Hotels Group), one of the world's leading hotel companies, have recently announced the signing of a franchise agreement for Crowne Plaza Riyadh Palace, under the master franchise agreement signed in 2014 for 4 hotels. Currently operating as Riyadh Palace Hotel, the property is expected to be rebranded to Crowne Plaza by June 2018. Remarking on this, Mr Ahdab, President of Hotel Operations Dur Hospitality said: "We are delighted to partner with IHG® yet again, for their world class brand – Crowne Plaza®, making this our second hotel with them, f...
Asia Pacific Pipeline Excluding China Is Booming With Projects Up 13% YOY
Lodging Econometrics | February 27, 2018
February 27, 2018 – PORTSMOUTH, NH – The most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the Total Pipeline has 1,760 Projects/362,826 Rooms, up 13% by projects Year-Over-Year (YOY) and establishing a new record peak for this cycle according to analysts at Lodging Econometrics (LE). There are 971 Projects/211,827 Rooms Under Construction, up 15% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 393 Projects/78,881 Rooms, up 21%, while projects in Early Planning at 396 Projects/72,118 Rooms, up 3% YOY. The top three countries in the Asia Pacific Co...
AJR Hospitality and Hotel Equities Open Fairfield Inn & Suites by Marriott in Dublin, Georgia
Hotel Equities | February 26, 2018
ATLANTA/Dublin, GA – February 22, 2018 – Hotel Equities announced the opening of the 75-room Fairfield Inn & Suites by Marriott in Dublin, Georgia. Located at 620 Pinehill Road, the Fairfield Inn & Suites Dublin will operate as a Marriott franchise, owned by AJR Hospitality LLC and managed by Hotel Equities of Atlanta, Georgia. Malcolm Donseroux serves as the General Manager with Nicole Asbell as the Assistant General Manager. "We are excited to introduce the Fairfield Inn & Suites to the Dublin area," said Joe Reardon, Senior Vice President of Business Development and Marketing. "This is the first Marriott hotel...
How the Blockchain Will Change the World of Hotel Distribution
Harvey Norman | February 26, 2018
By Harvey Norman Lowering costs is one of the biggest challenges that face the hospitality industry while considering opportunities for maximizing revenues. Hotel managers need to think of innovative ways to cut down on costs without affecting the quality of their services. Adopting the blockchain platform as a means of distribution is expected to lower the costs hotels endure directly and indirectly. But switching from the current system and traditional distribution channels is another challenge that lies ahead of hotel managers and their marketing teams. The Cost of Blockchain: As hoteliers consider the benefits of switching their dis...
