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
Revenue Strategy and Innovation Focus of the First Hotel Revenue Strategy Summit (RSS)
Duetto | October 3, 2013
Includes an Unprecedented Group of Speakers, Thought Leaders Powered by Duetto, the RSS Will be Held November 12, 2013 at the Affinia Manhattan Hotel New York, October 3, 2013 ... Silver Hospitality Group, LLC (SHG) announced selected speakers and session topics for the inaugural Revenue Strategy Summit (RSS), a gathering of thought leaders and practitioners who will examine forces reshaping the hospitality industry and discuss how marketing and technology must evolve to meet new demands. Distinguished speakers and panel participants will include: Lee Pillsbury, Chief Executive Officer of Thayer Lodging Cindy Estes Green, CEO and Co-...
Death by Data: How Misusing Hotel Analytics Data Can Hurt Your Revenue / Vikram Singh
Vikram Singh | October 2, 2013
Analytics is an amazing and powerful tool. Voltaire/FDR/Stan Lee (depends who you ask) has said, "With great power comes great responsibility." This is particularly relevant to Analytics users in the hotel industry who are making marketing decisions. Unfortunately, a lot of people misuse the power of hotel analytics, and end up hurting their hotel asset by limiting its online revenue or wasting precious time and marketing dollars. Here are some changes you should make in your online marketing strategy to avoid common, yet costly, mistakes. Note: Google Analytics is one of my favorite Google products of all time. I have been evangelizing...
Andaz Maui Wailea Opens with Staff of 300 and InvoTech for Fast, Reliable RFID Uniform Management
Andaz Maui at Wailea Resort & Spa | October 2, 2013
Luxury Property Uses InvoTech Systems' Wireless Handheld Readers to Manage 3,000 Uniforms. Operates with Less Labor; Counts and Tracks Hundreds of Uniforms in Seconds. LOS ANGELES, CA - October 2, 2013 - InvoTech Systems, Inc. announced Hyatt's Andaz Maui at Wailea installed the InvoTech UHF-RFID Uniform System to automate management of 3,000 uniforms for its staff of 300. The uniform management system is integrated with the U-Pick-It automated uniform delivery system from White Conveyors that puts uniforms in employees' hands quickly. InvoTech's system includes UHF-RFID handheld readers that enable instant uniform tracking via the prop...
Hotel AG Closes 5 Hotel Transactions in September
Hotel AG | October 1, 2013
ATLANTA - October 1, 2013 - Hotel AG announced today the firm closed 5 hotel transactions in the month of September. The hotels sold consisted of a large Hampton Inn & Suites in the Northeast, a 12-story Fairfield Inn & Suites located in a top 25 CBD market, a Sleep Inn in Florida, a university-owned boutique asset in the Southeast and a high-end independent hotel located in an affluent beach resort. Keith Thompson, principal of Hotel AG, commented, "These recent transactions represent a fairly broad ownership base and continue to demonstrate the strength of today's hotel transaction market." ...
Hotel Equities Appoints Joe Reardon as Vice President of Business Development
Hotel Equities (HE) | October 1, 2013
ATLANTA, GA (October 1, 2013) -Atlanta-based Hotel Equities (HE) www.hotelequities.com recently named Joe Reardon to the position of Vice President of Business Development. He oversees the development team, negotiates management contracts and evaluates the financial feasibility of the firm's acquisition opportunities. His responsibilities include utilizing the existing portfolio of 50+ hotel assets as a platform for rapid growth with current and potential owners. "Joe has a proven track record as a highly-skilled and capable leader who understands both hospitality and real estate and knows how to put together a deal," said HE Chief Oper...
Three More Holiday Inn® Brand Family Hotels Signed in the UK
IHG (InterContinental Hotels Group) | September 27, 2013
27 September, 2013 - InterContinental Hotels Group (IHG®), one of the world's largest hotel companies is delighted to announce three new additions to the Holiday Inn brand family in the UK: Holiday Inn Express® Edinburgh Airport, Holiday Inn Darlington - North A1M, Jct.59 and Holiday Inn Express London - Ealing, reflecting the company's strong position in the midscale market in Europe. Launched in 1991, the Holiday Inn Express brand is one of the largest and fastest growing brands in the hotel industry, opening hotels at a rate of two per week on average. With over 2,200~ hotels in 31 countries~ around the world; the brand is one of I...
Cannon Corporate UK Ltd and IHG to Open the Crowne Plaza® London – Albert Embankment in Spring 2015
IHG (InterContinental Hotels Group) | September 25, 2013
25 September, 2013 - InterContinental Hotels Group (IHG®) one of the world's largest hotel companies today announced the signing of Crowne Plaza® London – Albert Embankment, a first for the brand in London's Embankment. The hotel is due to open in the spring of 2015. Operating under a franchise agreement with Cannon Corporate UK Ltd, the upscale hotel is a new build property featuring in excess of 130 guest rooms and a restaurant overlooking the River Thames. Albert Embankment is undergoing significant regeneration and due to its close proximity to Lambeth Palace, the Houses of Parliament and the corporate centres of Waterloo and We...
Marriott Chief Operations Officer Robert “Bob” McCarthy to Retire in February 2014
Marriott International, Inc. | September 25, 2013
Other Senior Executives to Assume Broader Responsibilities BETHESDA, Md., Sept. 25, 2013 -- Marriott International, Inc. (NYSE: MAR) announced today that Robert J. McCarthy, chief operations officer of the company, will retire at the end of February 2014 after 38 years of distinguished service. McCarthy began his career as a waiter in a Marriott restaurant outside Philadelphia while attending Villanova University. He was promoted into increasingly higher level positions, including senior vice president, Northeast Region; executive vice president, operations planning and support; president, North American lodging operations; and group pr...
De Jongh: Government Issues Expression of Interest for Potential Hotel Development on Water Island
REVPAR International | September 25, 2013
Community input into development that affects residential communities is an issue that Governor John P. de Jongh Jr. admits is personal to him. Water Island is no exception to that rule and earlier this month, de Jongh held a meeting with Water Island residents to address management issues and to announce the issuance of an Expression of Interest for potential hotel development on the island. "We believe that a boutique hotel on Water Island not only provides for further economic activity on the island but a first-step on rebranding our offerings through a public-private partnership that leverages government resources. But, success is o...
Work Has Begun in the UK for the 452-room InterContinental London The O2 to Open in 2015
IHG (InterContinental Hotels Group) | September 25, 2013
25 September, 2013 - InterContinental Hotels Group (IHG®) is proud to announce the signing of its third InterContinental property for London: InterContinental® London The O2. The new hotel is scheduled to open in 2015 when it will take its place alongside its sister properties InterContinental London Westminster, which has been open for less than a year, and InterContinental London Park Lane which is a long-established luxury destination in the Capital. The 452-room InterContinental London The O2 will operate under a franchise agreement with Meridian Hotel Operations Limited and will be managed by Arora Hotels. The hotel will feature ...
Development Begins for 212-room Holiday Inn Express Jakarta Cikini to Open in Indonesia in 2014
IHG (InterContinental Hotels Group) | September 25, 2013
Jakarta, 25 September 2013: InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and PT Imesco Sejahtera Utama, have signed an agreement to develop Holiday Inn Express Jakarta Cikini, to open in 2014. In line with IHG's robust expansion plans in Indonesia, the 212-room hotel is part of a pipeline of 13 Holiday Inn Express hotels slated to open in the country, out of a total of 19 scheduled to open in South East Asia over the next few years. Holiday Inn Express is one of the largest and fastest growing hotel brands in the world. Since it first launched globally in 1991, it has grown quickly and there are now 2...
Developers Revealed for Boomerang Lodge Redevelopment Hotel in Aspen, Colorado
BuildCentral | September 23, 2013
Hotel-Online and BuildCentral Add/Update 145 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. September 23, 2013 - Hotel-Online and BuildCentral have added or updated 145 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: La Quinta Inn & Suites (College Station, TX) Philadelphia Avenue Hotel (Ocean City, MD) 233...
NOW is the Best Time to Buy or Sell a Hotel in Many Years
September 23, 2013
For the most recent update on this topic, click here By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 23 September 2013 A version of this article was first published in the September 21, 2013 issue of Hotel Business. The number of hotel transactions is up by more than 50% for the first 6 months of 2013 over the comparable period last year, and is expected to top $18 billion for 2013, according to Jones Lang LaSalle. And HVS reports that the sales transaction volume of hotels is now intersecting its 22-year moving average, and predicts that hotel values will continue to grow at an average o...
IHG and TAJ RP Sign Deal to Open the 280-room Crowne Plaza Dubai Marina in 2016
IHG (InterContinental Hotels Group) | September 23, 2013
Dubai, UAE, 23 September 2013: IHG (Intercontinental Hotels Group), one of the world's leading hotel companies, has signed an agreement with TAJ RP International Limited, part of RP Group of Companies, to open Crowne Plaza Dubai Marina in 2016. Located in the cosmopolitan Dubai Marina area, the 3,037 square-metre hotel site sits next to Dubai Marina Mall and within walking distance of the picturesque pedestrian promenade, which borders the waterway lined with vibrant cafes and restaurants. The property will also be in close proximity to the business hub made up of Dubai Media City, Dubai Internet City and Knowledge Village. In line with...
Robert T. Koger—Hotel Lawyer with the FBI Affidavit that Helped Put Koger Behind Bars
September 20, 2013
For the most recent update on this topic, click here By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 20 September 2013 The hotel world has been fascinated by the civil litigation and criminal actions swirling around the former President and owner of Molinaro Koger, Robert T. Koger. In response to many inquiries, the hotel lawyers of JMBM's Global Hospitality Group® has posted the 17-page affidavit sworn to by an FBI special agent with more than 17 years of experience, most of it in investigating white collar crimes like those charged against Koger. If you just want the highlights, see th...
IHG Opens 104-room Holiday Inn Express Hotel & Suites Phoenix North/Scottsdale in Arizona
Holiday Inn Express | September 20, 2013
20 September, 2013 - ATLANTA - InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)] announces the opening of the Holiday Inn Express® Hotel & Suites Phoenix North/Scottsdale. The four-story 104-room hotel adds to IHG's portfolio in the Phoenix and Scottsdale areas. The hotel is located at 4575 E. Irma Lane at the intersection of Loop 101 & Tatum Blvd. in Scottsdale, Ariz. "Holiday Inn Express hotels are designed to be the smart choice for value-conscious business and leisure travelers," said Heather Balsley, senior vice president, Americas Holiday Inn® brand family. "With more than 2,200 properties worldwide and 45...
How to Drive Data for Better Decision-Making and Customer Fit
EyeforTravel | September 19, 2013
Sep 19, 2013 - Setting up a data infrastructure and reaping the benefits is a journey. However, if you use data efficiently to react to market conditions faster, then chances are you could understand your customers better, while also driving incremental revenue. EyeforTravel's Ritesh Gupta investigates If there is one thing that travel suppliers and intermediaries can agree on it is that data is central to decision-making. Furthermore, while it is difficult to define what makes a company truly data-driven, it is also clear that the industry is moving toward measurable ROI-driven models. For instance, in the past it would be acceptable f...
IHG Plans Two New Holiday Inn Resorts in Nashville, TN and Deadwood, SD
September 19, 2013
ATLANTA - September 19, 2013 – InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)] today announced plans for two new properties, one located in Nashville, and the other in Deadwood, S.D., adding to the growing global Holiday Inn Resort® brand portfolio, currently at 36 properties worldwide. "We are thrilled that the Holiday Inn Resort brand continues to expand in key leisure destinations," said Joel Eisemann, chief development officer, the Americas, IHG. "These new Holiday Inn Resort properties further strengthen the reach and presence of the Holiday Inn® Brand Family." Currently the Fontanel Mansion is a 27,000 sq. ft....
IHG Appoints Oliver Bonke as Chief Commercial Officer for the Americas
IHG (InterContinental Hotels Group) | September 17, 2013
ATLANTA, GA - 17 September, 2013 – InterContinental Hotels Group (IHG) announces the recent appointment of Oliver Bonke to the position of Americas Chief Commercial Officer (CCO), effective September 3, 2013. He will be responsible for leading Brand Management and Sales and Marketing in the Americas, as well as will serve on the region's senior leadership committee. Oliver comes to IHG after 24 years with Starwood® Hotels and Resorts Worldwide, Inc. He most recently served as senior vice president of Sales and Marketing for Europe, the Middle East and Africa, a position he held since 2008. During his tenure, his innovative and perfor...
Hyatt Regency Houston Installs InvoTech Uniform System
Hyatt Regency Houston | September 17, 2013
InvoTech Creates "100% More Efficient Operation;" High-Occupancy Business Hotel Automates Uniform Management for Staff of 400; Tracks 2,000 Uniforms with Easy-to-Use System LOS ANGELES, CA - September 17, 2013 - InvoTech Systems, Inc. announced that the Hyatt Regency Houston installed the InvoTech Uniform System for more efficient uniform tracking for its staff of 400. The 947-room business hotel uses InvoTech to reduce labor hours and uniform losses through its management of more than 2,000 uniforms. Click here for more information on InvoTech's Linen, Uniform, Laundry, and Security Systems. "Hyatt Regency Houston has a large staff. So...
TCC Hotels Group & IHG to Open the 184-room Holiday Inn Express Bangkok Sathorn in Thailand
TCC Hotels Group | September 17, 2013
Bangkok, 17 September 2013: Leading Thai conglomerate TCC Hotels Group and InterContinental Hotels Group (IHG), one of the world's leading hotel companies, have signed an agreement for the Holiday Inn Express Bangkok Sathorn. It will be the first of the Holiday Inn Express brand to be owned by TCC Hotels Group, who also own InterContinental and Crowne Plaza hotels under IHG's brand portfolio. Located in Bangkok's up-and-coming district of Sathorn, which is in the centre of the central business district and diplomatic area, the newly-built 184-room hotel will be near numerous embassies and major multinationals. With location being a key ...
Top 4 Hotel Financing Obstacles And How to Get Around Them / Brian Holstein
Brian Holstein | September 16, 2013
Do you have upcoming hotel financing needs? Whether you are in the market for a simple refinance or acquisition financing, a discounted-payoff (DPO) financing or a PIP-induced recapitalization, the same rules apply. The hotel loan market has been on a good run for the last twelve months with competition among lenders heating to a point not seen since prior to the financial crisis. Lenders are beginning to focus increasingly on areas outside of pricing and leverage in order to preserve loan profitability and keep mortgage leverage below the aesthetically pleasing 70% loan-to-value level. SIMPLY PUT, WHAT THIS MEANS FOR HOTEL LOAN BORROWE...
Blackstone Banking on Success: Hilton Worldwide Files for Initial Public Offering
Hilton Worldwide | September 16, 2013
MCLEAN, Va. - September 16, 2013 - Hilton Worldwide today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Deutsche Bank Securities Inc., Goldman, Sachs & Co., BofA Merrill Lynch, and Morgan Stanley & Co. LLC are acting as the joint book-running managers for the offering. When available, copies of the preliminary prospectus related to the offering may be obtained from: Deutsche Bank Securities Inc., Attention: Pro...
Robert T. Koger of Molinaro Koger is Arrested and Put Behind Bars
September 12, 2013
A shocking course of continuing fraudulent conduct is unveiled by the JMBM Global Hospitality Group® For the most recent update on this topic, click here By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 12 September 2013 Hotel Lawyer with the latest on the arrest and jailing of Rob Koger, formerly of Molinaro Koger There are some significant new developments in the saga of Robert T. ("Rob") Koger and the high profile civil and criminal cases surrounding him. Here is the latest. (Earlier articles are cited below.) On Monday, September 9, 2013, Robert T. Koger, 47, was arrested and brought ...