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Finance & Development

In Memoriam: Celebrating the Life of Stephen Garff Marriott

June 24, 2013

June 24, 2013 - Stephen Garff Marriott, Executive Vice President for Culture at Marriott International, the global hotel company founded by his grandparents in 1927, passed away on Sunday, June 23, 2013, after a prolonged battle with a degenerative mitochondrial disease. He was 54 years old. In his most recent role, Stephen led Marriott Worldwide Business Councils and was responsible for perpetuating Marriott's core values and culture throughout the company. His father, Marriott International Executive Chairman J.W. "Bill" Marriott, Jr., said, "Stephen was an inspiration to us every day as he struggled with a challenging disease that co...

Carlos Rodriguez of Driftwood Hospitality Talks Hotel Expansion in Miami-Dade, Florida

June 24, 2013

June 24, 2013--Carlos J. Rodriguez has been working in the hotel business in Miami-Dade for 17 years, so he's seen several boom-and-bust cycles. He formed Cardel Hotels in Miami in 1996, a company that merged with North Palm Beach-based Driftwood Hospitality Management 10 years ago. As executive vice president and partner at Driftwood Hospitality Management, Rodriguez is now overseeing a new booming period. Driftwood, a North Palm Beach business with an office in Coral Gables, designs, develops, staffs and manages hotels around the country and in Costa Rica. The company has plans to enter the Canadian market with a joint venture as well...

Marriott’s New Campaign Includes Website with Co-Creation Platform to Solicit User-Generated Ideas

Marriott Hotels | June 17, 2013

BETHESDA, Md., June 17, 2013 -- Reflecting the transformative change happening at its properties, the iconic Marriott Hotels, the signature brand of Marriott International, Inc. (NYSE:MAR), today launched a new multi-year global marketing campaign. Called "Travel Brilliantly," it is a bold move amplifying the brand's dedication to leading the future of travel. The dynamic campaign reflects the lifestyle of the next generation of travelers, who seamlessly blend work and play in a mobile and global world. The campaign includes TV, digital and mobile advertising, a new brand look and logo, and enhanced social media platforms. In addition, ...

New Courtyard Miami Beach Oceanfront Tower Slated for Completion August 2013

BuildCentral, Inc. | June 14, 2013

Hotel-Online and BuildCentral Added/Updated 136 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. June 17, 2013 - Hotel-Online and BuildCentral have added or updated 136 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: Main Street Mixed-Use Development (Royal Oak, MI) LaQuinta (East Syracuse, NY) Coconut Creek Hot...

Marriott’s Woes Continue with Loss of The Eden Roc Renaissance Miami Beach

Marriott International | June 14, 2013

Files Amended Complaint Seeking Additional Damages in Pending Litigation MIAMI BEACH, Fla., June 13, 2013 -- Renaissance Hotels, a division of Marriott International, Inc. (NYSE: MAR), will cease managing The Eden Roc Renaissance Miami Beach Hotel as of July 11, Marriott announced today. The owner of the property has engaged a new management company. In connection with its departure, Marriott also said that it has filed an Amended Complaint in the pending litigation against the owner, seeking millions of dollars in breach of contract damages. The management agreement permits Renaissance to operate the hotel until the year 2055. The Re...

Flip.to Brand Advocate Platform Drives Visitors and Direct Bookings to Cove Haven Resorts

Flip.to | June 11, 2013

All-Inclusive Entertainment Resorts turn to leaders in social marketing to increase website traffic and boost revenue Orlando, FL — June 12, 2013 — Flip.to, a brand advocate platform that helps hotels leverage the marketing power of social media by encouraging guests to spread the word about upcoming stays, has been implemented at the Cove Haven Entertainment Resorts in the Pocono Mountains. The three resorts are seeing positive trends in website traffic and direct room bookings as a result of Flip.to's technology. The Cove Haven Entertainment Resorts are open year-round and offer a perfect retreat for a Weekend Getaway or Extended ...

New Orleans W Hotel to be Converted to a Le Meridien New Orleans by 2014

BuildCentral | June 10, 2013

Hotel-Online and BuildCentral Have Updated 274 Hotels in the Last Two Weeks with Changes in Personnel, Property Management or Ownership Chicago, IL. June 10, 2013 - Hotel-Online and BuildCentral have reported 274 changes in personnel, property management and ownership in the Hotel Profiles database over the last two weeks. Many hotels are getting a fresh start with a new Owner, Property Manager or General Manager. Recommend your product or service to someone who might be looking for a change. Hotels Under New Management: Courtyard San Diego Downtown (San Diego, CA) Residence Inn Columbus Worthington (Columbus, OH) Clarion Hotel Dela...

Latin American Hospitality & IHG to Develop Two New Holiday Inn Express Hotels in Central America

Holiday Inn Express | June 7, 2013

InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)], one of the world's largest hotel companies, today announces the signing of two new Holiday Inn Express® hotels in Managua, Nicaragua and Tegucigalpa, Honduras. Both properties are slated to open in 2014. Managed by Latin American Hospitality Management S.A., a subsidiary of Grupo AGRISAL, the hotels will be franchised by an affiliate of IHG. "Managua and Tegucigalpa are excellent examples of emerging cities that support the growth of the Holiday Inn® brand family in the region," said Joel Eisemann, chief development officer, IHG, the Americas. "Both cities are generating g...

Hidrock Realty Opens New Courtyard by Marriott in Herald Square, Midtown Manhattan

Courtyard by Marriott | June 7, 2013

Courtyard by Marriott is rolling out its innovative lobby and room design in the heart of Herald Square in midtown Manhattan. This is the latest Courtyard in the area featuring the Refreshing Business lobby environment, where guests can enjoy an open and flexible space. Along with media pods, Wi-Fi and a variety of seating zones, the redefined space is ideal for everything from pop-up meetings to social gatherings. Opened on Thursday, June 6, 2013, the 167-room Courtyard New York Manhattan/Herald Square also offers a refreshing and stylish room design that helps guests stay connected, productive and comfortable. Thoughtfully planned, ea...