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
Wyndham Hotels & Resorts Signs With Image Developments to Develop Wyndham Garden Suites in Brisbane
Wyndham Garden | October 17, 2019
BRISBANE, Australia, Oct. 17, 2019 -- Wyndham Hotels & Resorts, the world's largest hotel franchisor with more than 9,200 hotels in more than 80 countries, has unveiled plans to introduce its Wyndham Garden® brand to Australia with the signing of a stylish new hotel in Brisbane. The 120-room Wyndham Garden Suites Spring Hill Brisbane, scheduled to open in September 2021, is a fresh and inviting new concept for Australian travellers featuring a collection of spacious suites for guests on both short and extended stays in the city. The new-build hotel is owned by Image Developments and will operate under a franchise agreement with Wyndha...
Vision Hospitality Breaks Ground on Aloft by Marriott in Chattanooga, Tennessee
Vision Hospitality | October 15, 2019
The new 135-room Aloft by Marriott Chattanooga/Hamilton Place is part of the Sears redevelopment project at Hamilton Place. CHATTANOOGA, TENN., OCT. 15, 2019 — Vision Hospitality Group, Inc., and CBL Properties announced that construction has commenced on the 135-room Aloft by Marriott in Chattanooga, Tennessee. The new hotel marks the brand’s entrance into the Chattanooga market. “For some time now we have been working to find an opportunity to partner with our friends at CBL, and we are very excited to be moving forward with the development of the Aloft by Marriott at Hamilton Place” said Mitch Patel, president & CEO, Visi...
Struggling to Afford New AV Equipment in 2020? Financing Options Now Available Through AVaStar
AVaStar | October 15, 2019
Don’t wait for CapEX funds to be available to improve your audiovisual offering; Hoteliers can transition the expense of building/improving AV services from CapEx to OpEx, plus add SaaS to manage self-operating AV to generate more revenue from this investment [Gaithersburg, Md.—October 15, 2019]— AVaStar has teamed with industry funding sources to enable hoteliers to purchase or upgrade Event Technologies (ET) that meet rapidly evolving customer expectations on attractive capital or operating lease terms. Operators needing to become more profitable can now implement new, state-of-the-art equipment and automatically implement best pract...
Olshan Properties Breaks Ground on New Aloft Hotel at Easton Town Center, Columbus, Ohio
Olshan Properties | October 11, 2019
NEW YORK, NY – October 11 -- Olshan Properties, one of the country’s leading private owners, developers and operators of commercial real estate, today announced that it has broken ground on a new, 136-key Aloft Hotel at Easton Town Center located in Columbus, OH. The new Aloft will become Olshan’s fourth hotel at Easton and part of the company’s large national hotel portfolio. The Aloft, which is expected to open spring 2020, is owned in partnership with L Brands and The Georgetown Company. Once completed, the Aloft will become a centerpiece of the $500 million expansion that is underway at the Easton Town Center, one of the countr...
Radisson Hotel Group to Bring New Hotel to Tunisia in 2023
Radisson | October 10, 2019
Brussels/Tunis - October 10, 2019 Radisson Hotel Group is proud to announce the signing of the Radisson Hotel Tunis in Tunisia’s capital city. It will be the first Radisson branded hotel in the city of Tunis and the Group’s fourth hotel in the country. This brings Radisson Hotel Group’s African portfolio to almost 100 hotels in operation and under development. As the economic and commercial capital of Tunisia, Tunis not only hosts an array of major international companies and institutions it also boasts a rich cultural heritage – along with beautiful landscapes. Part of an area that is fast growing in popularity, the city is gener...
Marriott International Signs Deal to Introduce The Luxury Collection to Saudi Arabia in 2020
Assila Investments | October 10, 2019
Marriott International, Inc. (NASDAQ: MAR) has signed an agreement with Assila Investments to bring its Luxury Collection brand for the first time to the Kingdom of Saudi Arabia. Situated in the heart of Jeddah, Assila Hotel is anticipated to join The Luxury Collection’s portfolio of more than 100 world-renowned hotels and resorts in 2020. “We are thrilled to have Marriott International manage the beautiful Assila Hotel, under the Luxury Collection brand,” said Bader Alissa, CEO, Assila Investments. “This only affirms Assila Hotel’s position as a premier luxury hotel in Jeddah.” “We are delighted to announce plan...
Avison Young Announces Recent 2019 Closings
Avison Young | October 10, 2019
ATLANTA –October 9, 2019 – Avison Young Hospitality Group announced that the firm recently closed several hotel transactions. A full-service hotel in Memphis, a Hyatt Place in Augusta GA and a Marriott hotel in Lancaster PA. The firm has 35 other transactions totaling 622 million dollars under sale agreement with expected closings throughout the 4th quarter 2019....
Vision Hospitality Group Breaks Ground on Hampton Inn & Suites by Hilton in Downtown Huntsville, Alabama
Hampton by Hilton | October 9, 2019
HUNTSVILLE, AL – October 9, 2019 – Chattanooga-based Vision Hospitality Group, Inc., is pleased to announce the Hampton Inn & Suites by Hilton in downtown Huntsville Alabama has broken ground. The 150-room hotel marks Vision’s entrance into the Huntsville market and is slated to open in early 2021. “We are excited to partner with Hilton to develop the Hampton Inn & Suites in downtown Huntsville,” said Mitch Patel, Vision Hospitality Group President & CEO. “Huntsville continues to see significant growth with new developments such as the Toyota/Mazda and Blue Origin manufacturing plants, which create a demand for qua...
Kempinski Signs With Umm Al Qura to Develop Kempinski Hotel Makkah
Umm Al Qura for Development and Construction and King Abdulaziz Road Project in Makkah | October 9, 2019
DUBAI -- October 9, 2019 -- Kempinski Hotels has announced a new luxury project in Makkah, Saudi Arabia. The signing ceremony with the partnering company, Umm Al Qura for Development and Construction Company (UAQ), took place end of last week at Emerald Palace Kempinski Dubai. The property will entail a luxury hotel and will be the flagship edifice within the new boulevard on King Abdul Aziz Road mega project. Kempinski Hotel Makkah will include 380 rooms and suites, each of them offering at least 42 net square meters – unprecedented in the segment in this region. The hotel is equipped with plenty of top-notch amenities catering for a l...
DiamondRock Hospitality Announces Return of The Frenchman’s Reef Marriott Resort & Spa and the Debut of Noni Beach Resort in St. Thomas
DiamondRock Hospitality Company | October 8, 2019
ST. THOMAS, U.S. Virgin Islands, Oct. 8, 2019 -- DiamondRock Hospitality is pleased to announce the highly anticipated return of the Frenchman's Reef Marriott Resort & Spa and a new, adjacent resort under Marriott's Autograph Collection, Noni Beach, a St. Thomas Resort. The $200+ million project is well underway and the re-envisioned resorts are expected to open in 2020. "DiamondRock is creating two truly unique resorts in the Virgin Islands. The irreplaceable location and superlative quality of DiamondRock's resort property in concert with Marriott's world-class brands will create an unparalleled and authentic island guest experience...
Donohoe Development and Koucar Management Break Ground on Cambria Hotel Washington D.C. Capitol Riverfront
Cambria Hotels | October 8, 2019
ROCKVILLE, Md., Oct. 8, 2019 -- Choice Hotels International, Inc. (NYSE: CHH), Donohoe Development Company and Koucar Management announce the official start of construction on the Cambria Hotel Washington D.C. Capitol Riverfront. The new-construction, nine-story, 154-room upscale hotel, which is expected to open in early 2021, will become the Cambria brand's fifth location in the Washington, D.C., metro area. Eight Cambria locations have already opened their doors this year — together representing over 1,100 upscale rooms. Up to four additional Cambria hotels are expected to open in top-tier markets across the country by year-end....
Kimpton Hotels & Restaurants Partners With Portman Holdings to Bring New Boutique Hotel to Atlanta’s Buckhead Neighborhood in Late 2020
Kimpton Hotels & Restaurants | October 8, 2019
SAN FRANCISCO (October 8, 2019) – Today Kimpton Hotels & Restaurants announces plans for a second property in Atlanta, a 216-room adaptive reuse hotel in the heart of the city’s Buckhead neighborhood. When it opens in late 2020, the Kimpton Buckhead will join the Kimpton Overland Atlanta Airport to offer rewards club members, travelers and locals two highly curated, locally programmed and thoughtfully designed stay experiences in Georgia’s capital. IHG® (InterContinental Hotels Group), Kimpton’s parent company, maintains its Americas headquarters in Atlanta, and the new Kimpton Buckhead marks an important expansion for the bran...
Radisson Hotel Group Signs With Friedemann Kunz Family Foundation for New Radisson Hotel Rostock in Germany
Radisson | October 7, 2019
Brussels/Frankfurt - October 7, 2019 Radisson Hotel Group is proud to announce the signing of the first Radisson branded hotel in Germany. Located in the 800-year-old heart of the Hanseatic university city, directly in the seaport of Rostock, the property is set to open in Q3-2022. The new Radisson Hotel Rostock strengthens the group´s position in the region as part of its strategy to roll out further brands in Germany, a key focus country for our expansion with a remarkable development profile. As a destination with more than two million overnight visitors each year – while featuring maritime and high-tech industries, as well as the U...
Hospitality Financial Leadership: How to Use 21-Point Flow Thru Inspection
David Lund | October 7, 2019
Just like your auto mechanic checks your car’s health you can completely review your hotel’s financial performance and get a clear reading on as many as 21 different flow thru performance points. Further to that you can even see what you need to do in most cases to correct the results! It’s what I call super revealing. And, the best point is you don’t need anyone’s help to do it because I’m going to give you the list! Flow thru is an essential concept to understand. If you are new to the idea read, my blog on flow first. https://hotelfinancialcoach.com Checking performance is a step-by-step exercise and we start at the most vit...
Radisson Hotel Group Signs With Augusta Capital to Debut Radisson Collection in New Zealand
Radisson Hotel Group | October 3, 2019
Singapore - October 3, 2019 Radisson Hotel Group today announced the introduction of stylish and sophisticated hospitality to New Zealand, with the signing of the country’s inaugural Radisson Collection hotel in Queenstown. The launch of Radisson Collection forms part of a strategic expansion of Radisson Hotel Group’s brands in New Zealand; the Group also recently announced plans to open its first Radisson Blu, Radisson RED and Park Inn by Radisson hotels in the country, giving guests a fresh choice of world-class accommodation. Scheduled to open in Q1, 2022, Radisson Collection Hotel, Queenstown will be a beautiful new boutique ho...
OYO Announces Partnership With Biz2Credit to Provide Small Business Financing Options to Hotel Owners
OYO Hotels and Homes | October 3, 2019
NEW YORK, NY, October 3, 2019 – OYO, the world's third-largest and fastest-growing chain of hotels, homes and spaces*, has partnered with Biz2Credit, a leading online financing resource for small businesses, to provide working capital and commercial real estate loans to existing and potential hotel partners across the United States. The partnership with Biz2Credit will aid its efforts to provide hotel owners with fast financing efficiently for a wide range of purposes, including renovation, redesign, infrastructure upgrade and investment in technology for improved revenue management and operations. “We are excited about partnering with...
Hospitality 3 to Develop Study Hotel at Johns Hopkins Set to Open in 2021
Study Hotels | October 2, 2019
New York, NY – October 2, 2019 – Study Hotels will continue its growth into top-tier university markets with its fourth property, The Study at Johns Hopkins, scheduled to open the third quarter of 2021. The plan for adaptive reuse will completely transform the existing Blackstone Apartments on the corner of 33rd and North Charles Streets. The 115-room hotel will feature reconfigured, deluxe room accommodations and new inspired public spaces filled with an abundance of natural light. Located at the main gate of Johns Hopkins University’s Homewood Campus, and as part of the revitalized Charles Village corridor, guests will feel immer...
Radisson Hotel Group Signs Three New Properties in Spain, Portugal and Italy
Radisson Collection | October 2, 2019
Brussels - October 2, 2019 Radisson Hospitality AB, part of Radisson Hotel Group, is proud to be making strong progress with its expansion plan in Southern Europe, with new signings in Spain, Portugal and Italy. The group is adding three new properties to Madrid, Bilbao and Seville. This is in addition to two Radisson RED hotels arriving in the Portuguese cities of Lisbon and Porto – adding more than 560 rooms to the group’s portfolio. Italy also remains a key target market, with Radisson Hotel Group bringing three new properties and 550 rooms to Milan and Rome. Elie Younes, Executive Vice President & Chief Development Officer for...
Groupe ADP, ADIM Paris Île-de-France and Cycas Hospitality to Bring Dual-Branded Marriott to Paris-Charles de Gaulle Airport
Groupe ADP | October 1, 2019
Groupe ADP, as landowner, developer and investor, ADIM Paris Île-de-France (a development real estate subsidiary of VINCI Construction France) as developer and Cycas Hospitality, as hotel operator, have signed agreements for the construction and operation at Paris-Charles de Gaulle Airport of a dual-branded hotel complex combining Courtyard and Residence Inn, two brands belonging to Marriott International. Designed by award-winning architect Manuelle Gautrand, this hotel complex, expected to be commissioned in January 2022, has a total of 13,500 sq.m and comprises a 223-bed Courtyard by Marriott hotel plus a 100-apartment Residence Inn ap...
Marriott International Signs Agreement With Alfardan Group to Bring St. Regis Brand to Oman
Marriott International | October 1, 2019
Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with Alfardan Group to introduce the iconic St. Regis brand to Oman. Expected to open in 2022, the 271-room St. Regis Al Mouj Muscat Resort is planned to rise on a prime beachfront plot within Oman’s lifestyle and leisure destination, Al Mouj Muscat. The project also includes plans for 170 branded residential units. “The signing of St. Regis in Oman is a natural progression for the brand’s portfolio, as the brand continues to become one of the most recognised and sought-after luxury hotel brands in the region,” said Alex Kyriakidis, President...
Hospitality Financial Leadership: Global Food Cost vs Tracking Individual Outlet – Pros and Cons
David Lund | October 1, 2019
What is really important to realize is the food cost calculation in your hotel will always come back to the cost of goods formula. Any attempt to track and individualize the outlet food cost that I have ever seen is a big waste of time. It is a waste of time because it always comes back to the fact that the food cost is calculated by adding the opening inventory to the purchases and then subtracting the closing inventory – as well as any legitimate credits at month end – to calculate the food cost. This is never done in hotels by outlet simply because it is completely inefficient to do so. What I see time and time again is people tryin...
White Lodging Celebrates Topping Off of Austin Marriott Downtown
White Lodging | September 30, 2019
AUSTIN, Texas, Sept. 30, 2019 -- To celebrate the completion of its structural framework, Austin Marriott Downtown and White Lodging hosted a "topping-off" event in collaboration with local spirit masters Garrison Brothers Distillery. In place of raising the "final beam," the Austin Marriott Downtown will raise three Garrison Brothers bourbon barrels via crane on the hotel's rooftop to commemorate structural completion. Just like bourbon takes on the characteristics of the barrel and its environment, the Austin Marriott Downtown is taking on the spirit of Austin and the surrounding neighborhood in its fina...
IHG Signs Agreement With Nouh Mohamad Nouh and Partners Limited to Debut Voco in Jeddah
IHG | September 30, 2019
IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has signed an agreement with Nouh Mohamad Nouh and Partners Limited. for voco® Jeddah Gate. The latest signing underpinning IHG’s commitment to expand its footprint across the Kingdom. This marks the third voco® signing in Saudi Arabia in a span of 9 months and follows the recent announcement of signing of world’s largest voco® in Makkah. Expected to open in January 2021, voco® Jeddah Gate will be IHG’s sixth hotel in Jeddah and the fifth brand from the IHG family. The 681-key hotel will occupy a premium location in...
Radisson Hotel Group Signs Deal to Enter New Zealand With Four New Hotels and Three Leading Brands
Radisson Hotel Group | September 27, 2019
Radisson Hotel Group has signed the biggest hotel management deal in 2019 in Australasia, as it prepares to enter New Zealand with four new-build properties comprising 777 keys and covering three industry-leading brands: Radisson Blu, Radisson RED and Park Inn by Radisson. Four agreements with subsidiaries of NZ Horizons Limited and Remarkables Hotel Limited, the privately-owned companies specializing in hotel development in New Zealand’s South Island, will lead to the launch of brand new Radisson Blu and Radisson RED hotels in Queenstown, and Radisson Blu and Park Inn by Radisson hotels at Lake Tekapo. The four new properties are sch...
