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
New Castle Opens Dual-Branded Marriotts in Downtown Syracuse, New York
The Courtyard by Marriott | July 31, 2013
SYRACUSE, N.Y. - July 31, 2013 - Officials of New Castle Hotels and Resorts, a leading hotel owner, operator and developer, and RHS Holdings, LLC, a prominent, Syracuse-based real estate development firm, today unveiled the first new-build hotels in downtown Syracuse in more than five decades with the official ribbon cutting of the new Courtyard by Marriott/ Residence Inn Syracuse Downtown at Armory Square. The combination hotel, a 78- room Residence Inn and 102-room Courtyard by Marriott constructed under one roof, is located in the heart of the city's historic Armory Square district and anchors the Connective Corridor that links downt...
Gila River Casinos Selects InvoTech RFID Uniform System for Three Casinos and Distribution Center
Gila River Gaming Enterprises, Inc. | July 30, 2013
Arizona Casino Operator Streamlines Uniform Processing, Reduces Labor Expense for Company-Wide Staff of 2,900 with More Than 36,000 Owned and Rented Uniform Items LOS ANGELES, CA – July 30, 2013 – InvoTech Systems, Inc. announced that Gila River Casinos implemented InvoTech's UHF-RFID Multi-Property Uniform System for three casinos and its corporate distribution center. InvoTech reduces labor costs and provides an increase in asset protection by streamlining processes for Gila River Casinos 20,000 owned and 16,000 rented uniforms. Click here for more information on InvoTech's Linen, Uniform, Laundry, and Security Systems. Gila River...
R. D. Olson Development and Marriott Open the 149-suite Residence Inn Hotel in Tustin, California
Residence Inn | July 29, 2013
Tustin, California - July 29, 2013 - The 149-suite Residence Inn by Marriott in Tustin, California is scheduled to open this Thursday, August 1, 2013 and will feature the brand's innovative, new design. Located at 15181 Newport Avenue, the Residence Inn Tustin Orange County is owned by R. D. Olson Development and managed by Marriott International, Inc. Located four miles from John Wayne Airport-Orange County and 10 minutes from Disneyland, the Residence Inn Tustin Orange County offers guests convenient access to The District, Angel Stadium of Anaheim and South Coast Plaza. Rates vary depending on length of stay. "We are pleased to intro...
Engineer Named For Planning of Murfreesboro, TN Holiday Inn & Suites
BuildCentral | July 29, 2013
Hotel-Online and BuildCentral Add/Update 132 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. July 29, 2013 - Hotel-Online and BuildCentral have added or updated 132 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: Lake Flower Hotel (Saranac Lake, NY) Motor Club Hotel (Chicago, IL) South Village, Hotel (L...
Pebblebrook Hotel Trust Reports Q2 2013 Net Income of $8.7M, Same-Property RevPAR Increased 6%
Pebblebrook Hotel Trust | July 26, 2013
BETHESDA, Md.----Pebblebrook Hotel Trust (NYSE: PEB) (the "Company") today reported results for the second quarter ended June 30, 2013. The Company's results include the following: View the full press release with tables. (1) See tables later in this press release for a description of same-property information and reconciliations from net income (loss) to non-GAAP financial measures, including earnings before interest, taxes, depreciation and amortization ("EBITDA"), Adjusted EBITDA, Funds from Operations ("FFO"), FFO per share, Adjusted FFO and Adjusted FFO per share. For the details as to which hotels are included in Same-Property rev...
Pebblebrook Hotel Trust to Re-Brand the Delfina Santa Monica as Le Méridien Delfina Santa Monica
Pebblebrook Hotel Trust | July 26, 2013
BETHESDA, Md. - July 26, 2013 - Pebblebrook Hotel Trust (NYSE: PEB) (the "Company") today announced that it will be re-branding its 310-room Sheraton Delfina Santa Monica as the Le Méridien Delfina Santa Monica. This conversion is expected to be completed in the fourth quarter of 2013. Viceroy Hotels and Resorts will continue to manage the property. "We're very excited about the up-branding of our Delfina Santa Monica hotel to the Le Méridien brand," said Jon E. Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust. "Starwood and Viceroy have been excellent contributors to our success at this property and w...
Vision Hospitality Group, Inc. Awarded Hampton Developer of the Year by Hilton
Vision Hospitality Group, Inc. | July 26, 2013
Vision Hospitality Group, Inc. announced that it was named the 2012 Developer of the Year for the Hampton Brand by Hilton Worldwide. President & CEO Mitch Patel of the Chattanooga-based company said, "We couldn't be happier about this accomplishment and our longstanding partnership with Hilton. We have the greatest confidence in the Hampton Brand and the team at Hilton." Vision is currently on pace to open five Hampton-branded properties this year. ...
IHG Signs the 229-room Holiday Inn Rome – Pisana; To Open in Q4 2013 Following Conversion
IHG (InterContinental Hotels Group) | July 24, 2013
24 July, 2013 - IHG (InterContinental Hotels Group) one of the world's largest hotel companies, has announced the signing of its third Holiday Inn hotel in Rome, the Holiday Inn Rome – Pisana. Holiday Inn Rome – Pisana is due to open in quarter four of 2013, following a conversion from an existing hotel brand to an IHG branded hotel, and will operate under a franchise agreement with Roma Ovest S.r.l., part of JSH Group. Boasting 229 bedrooms, two restaurants and an elegant lounge bar, the Holiday Inn Rome – Pisana is ideal for leisure travellers wanting to relax in a modern welcoming environment. The hotel's seven meeting rooms eq...
The Science of Sorting
REVPAR GURU | July 23, 2013
Many hotel revenue managers live and die by their page position on OTA default searches. From Expedia's Most Popular picks, to Orbitz' Best Bets, to Agoda's Recommended, all of these listings are at the top of search results because the specific OTA made a (very subjective) decision based on a million possible factors, including the relationship that a property has with their OTA market manager, the commission that a property is paying, payment status (paid in full, late payments, etc.), amount of inventory (including last-minute inventory) listed on the site and the pictures included in your property's listing, among many others. Some ...
Brazilian Hotel Chain Selects eRevMax for Maximising Online Revenue
Bourbon Hotels & Resorts: | July 23, 2013
Bourbon Hotels & Resorts Uses RateTiger for Rate and Inventory Management Sao Paulo, Brazil, 23 July 2013: Bourbon Hotels & Resorts, one of the major hospitality players in Brazil, has signed up eRevMax to increase their online business penetration and revenue. Ten properties will be using RateTiger Channel Management solution for managing inventories across their online distribution mix. RateTiger Channel Manager will help Bourbon Hotels & Resorts to increase online sales by ensuring real-time room availability across all distribution points through automatic adjustment from pooled inventory. All reservations made on these ...
The Science of Sorting; Secur Higher Page Positions on Sorted Search Results
REVPAR GURU | July 23, 2013
By Jean Francois Mourier Many hotel revenue managers live and die by their page position on OTA default searches. From Expedia¹s Most Popular picks, to Orbitz¹ Best Bets, to Agoda¹s Recommended, all of these listings are at the top of search results because the specific OTA made a (very subjective) decision based on a million possible factors, including the relationship that a property has with their OTA market manager, the commission that a property is paying, payment status (paid in full, late payments, etc.), amount of inventory (including last-minute inventory) listed on the site and the pictures included in your property¹s list...
The 460-room Hilton Times Square in NYC Completes $15 Million Hotel Revitalization Project
Hilton Hotels & Resorts | July 22, 2013
July 22, 2013 - NEW YORK - Hilton Worldwide proudly announces a fresh chapter in the life of Hilton Times Square. The iconic, upscale full-service hotel in New York, New York, features 460 all-new guest rooms (including two all-new suites). Drawing on inspiration from Times Squares' history, formally known as Long Acre Square, the design direction for the newly renovated hotel is based on the "squares" history. This boutique-style property is perfectly situated on famous 42nd Street in the heart of Times Square excitement. Hilton Times Square was originally built in 2000. The hotel features a modernist facade of geometric shapes in prim...
IHG to Open 57-room Hotel Indigo Paris – Opera in 2014 Through a Property Renovation and Conversion
IHG (InterContinental Hotels Group) | July 22, 2013
22 July, 2013 - IHG (InterContinental Hotels Group), one of the world's leading global hotel companies, is proud to announce the signing of a management agreement with Société Foncière Lyonnaise (SFL) for the development of Hotel Indigo Paris – Opera, France. Located just a few steps from Opera Garnier and the InterContinental Paris Le Grand, this addition follows the recent signings of the Hotel Indigo boutique brand in Rome and Brighton. The property is owned by Société Foncière Lyonnaise (SFL) one of the largest real estate owners in France. The property, currently trading under an existing brand, will undergo major renovatio...
Euro Building Hotel Group Debuts in the U.S. with the Opening of 133-room EB Hotel Miami in Florida
EB Hotel Miami | July 22, 2013
Miami, FL - (July 21, 2013) - A uniquely appointed luxury hotel geared specifically for the frequent business traveler, the 133-room EB Hotel Miami opened its doors this summer, welcoming business travelers who fly through Miami every day. Just a few steps from Miami International Airport, the new EB Hotel Miami aims to bring a modern luxury hotel experience to the business traveler. Featuring cutting-edge design, personalized service, world class dining, modern conveniences and contemporary amenities, the EB Hotel Miami is the first property to open in the US market. Part of the Eurobuilding Hotel Group, which owns and operates several...
Hotel Assets Group Involved in 127 Hotel Transactions Over Last 12 Months
Hotel AG | July 22, 2013
ATLANTA - July 22, 2013 - Hotel AG announced today the firm has been involved in 127 hotel transactions over the past 12 months. In the past 6 weeks, the firm has closed 10 transactions that range from select service hotels including Hilton Garden Inn and Courtyard brands to full service assets. The hotels are located throughout the major US regions and cover most brand families. Currently, Hotel AG has 196 hotels on the market with 41 hotels under sale agreement expected to close within the next several months. H. Keith Thompson, principal of the firm, stated, "The hotel real estate market today is at a fevered pitch and we are seeing ...
The 194-room Courtyard by Marriott Aberdeen Airport Hotel Opens in the UK
Marriott Hotels | July 18, 2013
London - July 18, 2013 – Marriott International revealed the new European-inspired design of its upper-moderate Courtyard by Marriott brand with the opening of the 194-room Courtyard by Marriott Aberdeen Airport Hotel in the United Kingdom. As the first example of the design model announced in 2011, the property is a welcome addition to the brand's offering of 45 hotels in Europe and more than 900 hotels worldwide. Boasting a contemporary and fresh new design and enhanced room functionality, the new Courtyard model is designed to be more locally relevant and appeal to the European traveller. The Courtyard Aberdeen Airport Hotel is the...
IHG Opens the First InterContinental Hotel in Nigeria, the 358-room InterContinental Lagos
IHG (InterContinental Hotels Group) | July 18, 2013
18 July, 2013 - Lagos, Nigeria: InterContinental Hotels Group (IHG) has opened InterContinental Lagos, its first hotel in Nigeria and the company's first InterContinental hotel in West Africa. The 358-room InterContinental Lagos is located on Victoria Island, the Nigerian city's business and diplomatic hub, home to numerous embassies and multinational companies. Close to Lagos Creek, the 23-story hotel offers guests stunning panoramic views of the Gulf of Guinea. Lagos is the largest city in the country, as well as one of the biggest and fastest-growing cities in Africa. The hotel is set to appeal to local residents and international tr...
Marriott and CJSC Crocus International to Open Moscow Marriott Hotel Crocus City in Russia in 2016
Marriott Hotels | July 18, 2013
London - July 18, 2013 – Marriott International, Inc. has announced plans to open the 250-room Moscow Marriott Hotel Crocus City in Russia under a management agreement with CJSC Crocus International. The hotel is expected to open in 2016 and will be part of the company's signature global brand, Marriott Hotels, and 10th property opened or signed in the Moscow area. "We are expanding our footprint in Russia and look forward to having a Marriott Hotel in this emerging and popular destination outside of Moscow," said Amy McPherson, president and managing director of Marriott International in Europe. "Russia continues to be a major focus ...
Hilton Worldwide to Debut in Estonia with the Signing of Hilton Tallinn, Slated for 2016 Opening
Hilton Hotels & Resorts | July 18, 2013
July 18, 2013 - TALLINN, Estonia - Set to open in the heart of Estonia's historic capital, Hilton Tallinn becomes Hilton Worldwide's first property to be announced in the Baltic States. The upscale hotel is expected to begin welcoming guests in 2016 and will be located just a few minutes' walk from the historic old town and major commercial areas of the city, making it an ideal choice for both business and leisure guests. The announcement comes following the signing of a management agreement by Hilton Worldwide with project owner Fortuna Travel OÜ, part of the Olympic Entertainment Group that is publicly listed on the Tallinn and Warsa...
July 30th Opening Set for the Dual-Branded Courtyard and Residence Inn Hotels in Syracuse, New York
Marriott International, Inc. | July 18, 2013
Managed by New Castle Hotels & Resorts Syracuse, New York - July 18, 2013 - Marriott today announced the opening of a combined 102-room Courtyard Syracuse Downtown at Armory Square and 78-suite Residence Inn Syracuse Downtown at Armory Square in Syracuse, New York. Scheduled to open on Tuesday, July 30, 2013, the hotels were developed by the Inns at Armory Square, LLC, and will be managed by New Castle Hotels & Resorts of Shelton, Connecticut. Located eight miles from Syracuse Hancock International Airport, the hotels anchor the city's new Connective Corridor, which links Armory Square with Syracuse University, and mark the late...
Holiday Inn Express Hotel Breaks Ground in Xalapa, Veracruz, Mexico; Slated to Open in Summer 2014
July 16, 2013
Xalapa, Ver (July 15, 2013) - InterContinental Hotels Group (IHG) and Selfi Grupo Operador de Estacionamientos, S.A. de C.V., recently celebrated the ground break on April 22nd of the Holiday Inn Express® Hotel Xalapa. Prominent personalities who attended the ground-breaking ceremony included José Antonio Mansur Beltrán, Federal Delegate of the Economy Ministry, (SE), Carlos Canales Freeman, Chairman State of the Association of Industrial of the State of Veracruz A.C. (Aievac), members of Congress of State and executives, and members of the construction company GILCA among others. Slated to open summer 2014, the construction of this ...
IHG and Felicity Asset Co. Sign Agreement to Build Holiday Inn & Suites Rayong City Centre, Thailand
IHG (InterContinental Hotels Group) | July 15, 2013
Bangkok, Thailand, 15 July: InterContinental Hotels Group (IHG), one of the world's largest hotel companies, and Felicity Asset Co. Ltd have signed an agreement to build Holiday Inn & Suites Rayong City Centre, the first IHG property in Rayong. The 300-room property will be situated in the heart of Rayong's city centre adjacent to the Laemtong Shopping Mall. It is conveniently located close to ten of Thailand's major industrial parks including the Eastern Seaboard Industrial Park and Map Ta Phut Industrial Park. Holiday Inn & Suites Rayong City Centre will be the first international branded hotel in Rayong's city centre. The...
Indianapolis Hotel Moves Forward After Stalling In 2010
BuildCentral | July 15, 2013
Hotel-Online and BuildCentral Add/Update 185 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. July 15, 2013 - Hotel-Online and BuildCentral have added or updated 185 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: Mission Bay, Hotel and Apartments (San Francisco, CA) Arc of Indiana Hotel (Muncie, IN) Synergy Bus...
Davidson Hotels & Resorts Partners with M3 Accounting + Analytics to Develop Accounting Platform
Davidson Hotels & Resorts | July 12, 2013
GAINESVILLE, Ga. and TAMPA, Fla. (July 12, 2013) -- Facing a pivotal decision as part of its strong growth, Atlanta-based Davidson Hotels & Resorts recently considered whether to upgrade its existing accounting system platform or to migrate to another package to support its 46-hotel portfolio. Davidson CFO Barry Wabler described a user-focused decision-making process that resulted in partnering with M3 Accounting + Analytics, the national leader in hotel-specific accounting software, operations reporting, and business analytics. With M3's help, Davidson aims to enhance transaction visibility, improve workflow, and drive efficiencies. ...