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
South Point Hotel, Casino & Spa Selects Duetto’s GameChanger Solution
Duetto | February 4, 2015
Duetto Brings Game-Changing Loyalty and Casino Pricing Capabilities to the 2,100-Room Las Vegas Hotel and Casino February 4, 2015 -- Duetto, the market leader in hotel and casino profit optimization technology, announced that South Point Hotel, Casino & Spa will implement its GameChanger solution, bringing new loyalty, forecasting and price optimization capabilities to the Las Vegas property. "Our partnership with Duetto offers the property a unique opportunity to leverage rich customer data through GameChanger, allowing South Point to have a better knowledge of gaming and non-gaming spend," said Ryan Growney general mana...
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...
Puzzle Partner Welcomes New Clients LeisureLink and FindMyCarrots
Puzzle Partner | January 29, 2015
Two Top Innovators in Travel Technology Partner with Puzzle Partner to Maximize Growth and Industry Awareness Toronto, CA, - January 29, 2015 - Puzzle Partner Ltd., a strategic consulting firm specializing in tactical marketing and public relations services for startups and high-growth technology companies in travel and hospitality, announced today that they signed two new clients: LeisureLink and FindMyCarrots. Salt Lake City-based LeisureLink is the leading integrated online distribution solution for vacation rental and resort property managers. LeisureLink offers vacation property suppliers and management companies a solution to ma...
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...
Award Winning BlackLine Systems Now Tailored Specifically for Hospitality by PAS
PAS | January 27, 2015
PAS and BlackLine Systems announce global partnership Gaithersburg, MD – PAS is bringing the world's most trusted solution for Finance Controls and Automation, BlackLine Systems, to hospitality. Leveraging their in-depth experience in hospitality operations and their hands free integration platform, pasUNITY, PAS is creating an unparalleled solution surrounding the Financial Close - Balance Sheet, Bank and Credit Card Reconciliation Automation. The security and integrity that comes with pasUNITY integrations, eliminates many of the human errors that are commonly associated with such sensitive financial information. "We know what makes...
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 ...
Real-Life Experiences for the Next Generation of Hoteliers
M3 Accounting + Analytics | January 22, 2015
Program implemented through the University of South Florida Sarasota-Manatee College of Hospitality and Technology Leadership provides industry standard software to over 20 universities. (GAINESVILLE, GA – 01/22/15) When Casi Johnson was a college student majoring in hospitality management, she thought she knew a lot about hotel accounting from working in a hotel during her schooling. In a recent blog post describing her experience 17 years ago, Johnson explained, "I loved being able to work in the hotel at night and craved the hands-on learning experience it offered to complement what I was learning in school, taking what was learned...
How Silicon Valley Thinking Can Shake Up Traditional Hotel Management Practices
Mark C. Lynn | January 22, 2015
Asset managers should encourage management to take risks to innovate. by Mark C. Lynn Constant questioning and challenging of hotel amenities, services, programs and management practices is critical to discover new ways of elevating the guest experience. Creativity and innovation should be driven by the premise that employees be permitted - and in fact encouraged - to challenge conventional thinking and the traditional methods of doing things. Building experimentation into a hotel's business culture will boost customer satisfaction and loyalty, and by extension, increase revenues. The Asset Manager's Role in Encouraging Risk Taking The...
Hotel AG involved in 194 Hotel Transactions Since 2013
Hotel AG | January 22, 2015
ATLANTA - January 22, 2015 - Hotel Assets Group, LLC (Hotel AG), announced today the firm has sold or advised on 194 separate hotel transactions during the 2013 and 2014 years. Of the 194 transactions, there were 169 select service hotels, 25 full-service hotels and 12 portfolios that closed. The firm has 204 active hotel engagements on the market today totaling $2.6 billion with a number under sale agreement slated for a 1st quarter closing. In addition, the firm has just been engaged on 2 Florida portfolios that will hit the market in the next several weeks. H. Keith Thompson, principal of Hotel AG, commented, "The pace of the transac...
Hotel Innvestor Raising Capital For 2 Hotels
Hotel Innvestor, LLC | January 19, 2015
Hotel-Investment-Banking Platform Raising Capital For 2 Hotels Projects Are Located In Santa Barbara And Los Angeles Markets Newport Beach, Calif. – Hotel Innvestor has been retained to raise capital for two separate offerings for hotel projects in Goleta, Calif. and Glendale, Calif. President Tim L. Edgar announced today that the first project is raising funds for a construction loan for a Hilton Garden Inn to be built in close proximity to the University of California at Santa Barbara in Goleta. The second offering is to raise funds to refinance the loan on an existing Vagabond Inn hotel in Glendale. "Hotel Innvestor is pleased to b...
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. ...
Get your Revenue Management in Shape for 2015!
Jean Francois Mourier | January 16, 2015
By Jean Francois Mourier During the first few days of a new year, everyone is busy planning their personal new year's resolutions. But although most of us spend the beginning of each year focused on self-improvement, we rarely think about new year's resolutions for our business. For hotels, this is an especially important practice because your revenue management practices can make-or-break your hotel's profitability for the coming year. So while you're planning your resolutions for 2015, consider adding one for your property: to get your revenue management in shape for the coming year! Here are four steps that every hotelier and revenue...
Tivoli Lodge Targets Higher Digital Marketing ROI with Consumer Intelligence from nSight
nSight | January 15, 2015
TripAdvisor's #1 Ranked Hotel in Vail Using Shopper Analytics to Grow Share on a Global Scale NASHVILLE, TN - January 15, 2015 - nSight, the leader in online consumer shopping intelligence for the travel industry, today announced that Vail-based Tivoli Lodge is using its consumer intelligence to enhance performance on digital marketing campaigns. nSight captures more than 80 million searches and bookings for hotels daily across third-party websites worldwide, providing in-depth consumer insights based on geography, profile and search behavior. The #1 TripAdvisor ranked hotel in Vail, Tivoli will use nSight consumer shopping data to focu...
Kennebunkport Resort Collection Moves to the Cloud with ATRIO® PMS and Duetto
PAR Technology Corporation | January 14, 2015
New Hartford, NY - (January 14, 2015) - PAR Springer-Miller Systems, Inc. (PSMS) - a wholly owned subsidiary of PAR Technology Corporation (NYSE:PAR) and the leading provider of next generation cloud-based hospitality management systems, today announces that Kennebunkport Resort Collection has chosen ATRIO PMS as its cloud property management system and Duetto's Revenue Strategy Solutions for revenue management for its collection of eight properties in Kennebunkport, Maine. Located on the southern coast of Maine, Kennebunkport sits prominently on the Atlantic Ocean. The Kennebunkport Resort Collection features 8 diverse luxury propertie...
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...
Hotel AG Involved in 194 Hotel Transactions During Last 2 Years
Hotel AG | January 5, 2015
ATLANTA - January 5, 2015 - Hotel Assets Group, LLC (Hotel AG), announced today the firm has sold or advised on 194 separate hotel transactions during the 2013 and 2014 years. The firm closed 194 transactions including 169 select service hotels, 25 full-service assets and 12 portfolios. The brands represented were 17 Courtyard by Marriott, 16 Fairfield Inn, 12 Residence Inn, 11 Springhill Suites, 6 Townplace Suites, 8 Marriott/Hilton/Starwood full-service hotels, 20 Hilton Garden Inn, 7 Homewood Suites, 13 Hampton Inn, 8 Hampton Inn & Suites, 5 Holiday Inn, 3 Holiday Inn Express, 1 Staybridge Suite, 8 Wyndham branded hotels, 17 Choi...
Deep Discounting Doesn’t Work
Jean Francois Mourier | December 19, 2014
By Jean Francois Mourier Black Friday is a day filled with discounts on every product imaginable and for days beforehand, serious bargain-hunters are strategically planning their "plans of attack". This past Black Friday, which took place last month, gave US discount shoppers a fantastic opportunity: the ability to purchase hotel stays at many properties across the country for only $7 per night. Sounds great right? Well, it was... for consumers. However, for the hotels that participated in this deal (offered through a last-minute deals app) might not have been the best business decision - no matter whether it is done to raise awareness ...
Pebblebrook Hotel Trust Acquires the 356-room Revere Hotel Boston Common in Boston, Massachusetts
Pebblebrook Hotel Trust | December 19, 2014
December 19, 2014 - BETHESDA, Md. - Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") today announced that it has acquired the Revere Hotel Boston Common ("Revere Hotel"), an attached 826-space parking garage and an adjacent land parcel for $260.4 million. The 356-room hotel is located in the heart of the historic Theater District of downtown Boston, Massachusetts. "We're thrilled to announce our acquisition of the Revere Hotel and the expansion of our presence in the highly desirable Boston market," said Jon Bortz, Chairman and Chief Executive Officer of Pebblebrook Hotel Trust. "Situated at the convergence of Boston's Back Bay, Finan...
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 ...
