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Hospitality Financial and Technology Professionals | June 25, 2024
Industry Happenings
Access Industries Appoints Four Seasons Hotels and Resorts to Manage Legendary Ocean Club on Paradise Island in the Bahamas
Access Industries | November 2, 2017
TORONTO, Nov. 2, 2017-- Access Industries has appointed Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, to manage the celebrated Ocean Club on Paradise Island in the Bahamas as of November 30, 2017. Upon this change in management, the property will be known as The Ocean Club, A Four Seasons Resort, Bahamas. Since opening in 1962, The Ocean Club has hosted the world's most discerning guests at its picture-perfect location on a five mile (eight kilometre) stretch of white sand beach along azure waters. In a uniquely secluded setting, extensive, Versailles-inspired lawns and gardens surround a serie...
Leisure Hotel Holding and IHG Enter Agreement for First Holiday Inn in Cape Town, Africa
IHG | November 2, 2017
IHG (InterContinental Hotels Group), one of world's leading hotel companies, today announced the signing of Holiday Inn Cape Town in partnership with Leisure Hotel Holding (Pty) Ltd. Currently operating as Strand Tower Hotel, the property is expected to be rebranded as Holiday Inn by later this year, marking the brand's debut in the city. This signing is in line with IHG's strategy to increase its brand's visibility and franchise estate in South Africa. Located in Cape Town's Commercial Business District (CBD), where weekday business is driven by corporates and weekend through leisure, Holiday Inn Cape Town will provide easy access to a...
Chesapeake Lodging Trust Announces Agreement to Sell The Hotel Minneapolis, Autograph Collection for $46.0 Million, or Approximately $207,000 Per Key
Chesapeake Lodging Trust | November 2, 2017
ARLINGTON, Va. -- Nov. 2, 2017-- Chesapeake Lodging Trust (NYSE:CHSP) (the "Trust") announced today that it has entered into an agreement to sell the 222-room The Hotel Minneapolis, Autograph Collection located in Minneapolis, Minnesota for a sale price of $46.0 million, or approximately $207,000 per key, subject to customary working capital pro-rations at closing. Completion of the proposed sale is expected to close within the next 30 days, subject to customary closing requirements and conditions. "We are excited to announce the pending sale of The Hotel Minneapolis, a hotel located in a non-core market for Chesapeake, and by timing th...
NCL/National Content Liquidators is Currently Conducting the Liquidation Sale of the Former Holiday Inn Mount Pleasant in South Carolina
NCL/National Content Liquidators, Inc. | November 2, 2017
Three Weeks Only! Everything Must Go! Mount Pleasant, South Carolina (November 2017) – NCL/National Content Liquidators Inc., the leading expert in hotel liquidation management for the hospitality industry, has been contracted to clear the hotel of its current contents as a prelude to the property's redevelopment. The 158 room hotel contents liquidation is being held on-site at the former Holiday Inn Mount Pleasant, 250 Johnnie Dodds Blvd, Mount Pleasant SC and is open to both the hospitality industry and the general public. The sale will continue for the next 21 days or until sold out, Monday-Saturday, 10:00 am-7:00 pm and Sunday...
Hotel Okura and Trinity Investments Unveil Plans to Create NIKKO STYLE, a New Upscale Lifestyle Hotel Brand in Japan
Hotel Okura Co., Ltd. | November 2, 2017
TOKYO & HONOLULU -- Hotel Okura Co., Ltd. ("Okura"), a leading Japanese hospitality company, and Trinity Investments, LLC ("Trinity"), a Hawaii-based private real estate firm with an extensive background in hospitality, are pleased to announce an exclusive joint venture (the "Joint Venture") to create NIKKO STYLE, a fresh new upscale select service hotel brand that will be introduced throughout Japan. NIKKO STYLE will be operated by Okura Nikko Hotel Management Co., Ltd., a subsidiary of Okura. The new hotel brand will launch under Okura Nikko Hotel Management's esteemed Nikko Hotels International umbrella and cater to both business...
Loews Hotels & Co, The Cordish Companies and Texas Rangers Break Ground on New $150 Million Flagship ‘Live! by Loews’ Hotel
Loews Hotels & Co - Established 1960 | November 2, 2017
Located within Texas Live! in the heart of the Arlington Entertainment District, 'Live! by Loews -Arlington, TX' will be the first hotel to carry the Live! by Loews name and the first luxury resort hotel in Arlington ARLINGTON, TX (Nov. 2, 2017) - Loews Hotels & Co, The Cordish Companies and Texas Rangers officially broke ground today on the new $150 million flagship Live! by Loews - Arlington, TX hotel and convention center at Texas Live!. Executives from the development team were joined by Arlington Mayor Jeff Williams, former Texas Rangers Catcher Ivan Rodriguez, Arlington City Council and community and business leaders t...
Carlson Rezidor Hotel Group Enters the Maldives with Radisson Blu Resort Maldives Opening Early 2019
Carlson Rezidor Hotel Group | November 2, 2017
Singapore - November 2, 2017 - Carlson Rezidor Hotel Group, one of the world's largest and most dynamic hotel groups, today announced the signing of a management agreement for Radisson Blu Resort Maldives with Chang Hua Holdings. Scheduled to open in the first quarter of 2019, the property is one of the most anticipated new developments in Maldives in addition to being the first Radisson Blu resort in the market. Located on the southern part of Maldives' Alifu Dhaalu Atoll, Radisson Blu Resort Maldives is situated 105 kilometers from Male International Airport. The hotel is accessible within a 30-minute seaplane journey or by a domestic...
Ian Schrager Partners with Marriott International to Launch Seven New EDITION Hotels in 2018
Edition | November 2, 2017
With seven new properties scheduled to launch across three continents, and many more in the pipeline, 2018 will mark a pivotal moment for EDITION. Created through a ground-breaking partnership between boutique hotel creator and innovator Ian Schrager and the global hospitality powerhouse Marriott International, the EDITION brand is slated to grow exponentially from a collection of four to eleven properties by the end of 2018. 2018 is expected to see EDITION firmly positioned as the travel industry's first truly global luxury lifestyle hotel brand. With each hotel distinctive in its own right, EDITION will continue to break new ground an...
Denihan Hospitality Appoints General Manager Paul Cardona and Director of Sales Von Fabella of The James Chicago Hotel
Denihan Hospitality | November 2, 2017
NEW YORK, Nov. 2, 2017 -- Denihan Hospitality, an independent owner and operator of boutique hotels in top U.S. urban markets, announced new leadership at The James Chicago, appointing General Manager, Paul Cardona and Director of Sales, Von Fabella to join the team. Earlier this Spring, The James Chicago underwent a lobby renovation, re-designed by Dufner Heighes, to bring a mindfully modern and fresh perspective to the property, including locally curated artists. The James Chicago have on-boarded skilled and like-minded professionals like Mr. Cardona and Mr. Fabella to enhance and continue to improve the James overall brand, with toda...
HFTP Celebrates 65 Years of Success at Annual Convention 2017
HFTP | November 2, 2017
HFTP's Annual Convention 2017 was held from October 25–27 in Florida USA More than 580 Hospitality Financial and Technology Professionals (HFTP®) members and hospitality industry professionals came together from around the globe to celebrate HFTP's 65 years as an association at Annual Convention last week. This year's Annual Convention was held from October 25–27, 2017 at the Omni Orlando Resort at Championsgate in Championsgate, Florida USA. "Thank you to HFTP members, chapters, stakeholders and staff for 65 years of success," said HFTP CEO Frank Wolfe. "HFTP is proud to have provided hospitality ...
U.S. Hotel Construction Pipeline Shows Moderate Increases Up 4 Percent by Projects and Rooms YOY
Lodging Econometrics | November 2, 2017
November 2, 2017 – PORTSMOUTH, NH – According to a recent report by Lodging Econometrics (LE), the U.S. Construction Pipeline stands at 5,011 Projects/608,837 Rooms, up 4% by projects and rooms Year-Over-Year (YOY). There are 1,592 Projects/208,523 Rooms Under Construction, up 8% and 7% YOY, respectively, the highest counts recorded this cycle. Projects Scheduled to Start Construction in the Next 12 Months, at 2,198 Projects/251,259 Rooms are down 1% YOY. Projects in Early Planning are at 1,221 Projects/149,055 Rooms. While these projects are up 10% YOY, the properties are smaller resulting in lower room-counts. The Pipeline...
Provenance Hotels Names John Price Southeast Regional Director of Operations
Provenance Hotels | November 2, 2017
November 2, 2017 – PORTLAND, Ore. – Provenance Hotels today announced the promotion of John Price to Regional Director of Operations for the company's award-winning independent lifestyle hotels in Tennessee and Louisiana. In his prior role as general manager of the Old No. 77 Hotel & Chandlery in New Orleans, Price oversaw the successful renovation, repositioning and launch that earned the property accolades like being named the nation's #7 city hotel by Travel + Leisure in 2016 and the #1 hotel in New Orleans in Conde Nast Travelers' 2017 Readers Choice Awards. In his new role, Price will assume responsibility for Nashv...
Wincome Group Appoints Carmine Iommazzo as General Manager of Westin Anaheim Resort Opening Late 2019
Wincome Group | November 2, 2017
ANAHEIM, Calif.- Wincome Group is pleased to announce the appointment of Carmine Iommazzo as the General Manager for The Westin Anaheim Resort, the under construction four-diamond hotel expected to open in late 2019. In this new role, Iommazzo will oversee all aspects of the luxurious new hotel, including its 613 stylish guestrooms, 101 suites, three restaurants, two bars including a rooftop lounge, and more than 42,000 square feet of state of the art meeting space. Iommazzo, born and raised in Australia, fell in love with hospitality while originally studying accounting, and although he had a knack for numbers, his true passion rested ...
U.S. Hotel Development Cost Survey 2016/17
Stacey E. Nadolny | November 2, 2017
By Stacey E. Nadolny Hotel development activity correlates directly with the ebbs and flows of hotel-sector performance. As we reached the peak of the current cycle in 2016, developers pursued hotel construction and redevelopment at a pace we haven't seen since 2006 and 2007. HVS has tracked Hotel Development Costs for the last three decades, collecting data from actual hotel cost budgets during our assignments. This year's sample reflects the largest sample HVS has analyzed given the number of hotels in the pipeline, as well as our growing presence in 35 U.S. markets. The data in this survey reflect budgets from 2016. With the availabi...
Pegasus Solutions Unveils New Intelligent Booking Engine at World Travel Market 2017
Pegasus Solutions | November 2, 2017
Global reservations solutions and service provider will demonstrate its industry leading booking engine that harnesses the power of big data at World Travel Market (WTM) Scottsdale, Arizona – Thursday, November 2, 2017: Pegasus Solutions announces the public unveiling of its groundbreaking booking engine at WTM taking place November 6-8, 2017 in London, England. Now in use by customers around the globe, this latest Pegasus innovation is designed to provide hoteliers with increased control over their direct booking channel by delivering actionable intelligence and a holistic, 360-degree view of the customer decision journey. The ne...
Hotel Equities to Manage Courtyard North Brunswick and Spring Hill Suites Woodbridge in New Jersey
Hotel Equities | November 2, 2017
ATLANTA–November 02, 2017– Atlanta-based Hotel Equities has been selected to manage two Marriott hotels in New Jersey, the Courtyard by Marriott in North Brunswick and the SpringHill Suites by Marriott in Woodbridge. The hotels compliment the firm's strategic growth plans in the northeast corridor. Owned by Main Street Hotel, LLC, the 124-room Courtyard North Brunswick is under construction less than 30 miles from Newark, NJ and Newark International Airport (EWR). The hotel expects to open in early 2018. The SpringHill Suites by Marriott Woodbridge expects to break ground in early 2018. "Adding additional properties in the n...
Pyramid Hotel Group and Lone Star Funds Completes an Estimated $70 Million Worth of Renovations at Seven Marriott Hotels
Lone Star | November 2, 2017
DALLAS, TEXAS, (November 2, 2017) – Global private equity firm Lone Star Funds along with Pyramid Hotel Group today announced the completion of its year-long, approximately $70 million Marriott Hotels redesign project that included seven full service Marriott hotels that are managed by Pyramid Hotel Group. The extensive transformations at each of the seven hotels include the guest rooms, Greatroom, M Club Lounge, lobby, and fitness and recreation amenities. The hotels were reimagined to create a modern and premium experience that inspires creativity and innovation. "We are excited to reveal the extensive renovations that were rece...
Industry Experts Join NAVIS Team to Expand Beyond Independent Resort Locations
NAVIS | November 2, 2017
Proven revenue performance success with clients in city locations, flagged properties, and casino hotels creates opportunity to expand. BEND, Ore. (November 2, 2017) - To further fuel their continued success, NAVIS today announced the expansion of their executive sales team to serve more segments of the hotel industry. Amber Fox, Julie Chapman, Lou Wolfson and Ryan Gervais have joined NAVIS as Systems Consultants dedicated to helping hospitality operators generate more profitable direct channel bookings, optimize team performance and strengthen relationships with their guests. The latest additions to the NAVIS sales team come at a time...
Marcus® Hotels & Resorts Appoints Erin Levzow as Vice President of Marketing and Rajiv Castellino as Chief Technology Officer
Marcus Hotels & Resorts | November 2, 2017
MILWAUKEE -- Marcus® Hotels & Resorts, a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), today announced that Erin Levzow has been named vice president of marketing. In her new role, Levzow will oversee all marketing, e-commerce, customer insight, loyalty and public relations activities for the company. Marcus Hotels & Resorts also announced the appointment of Rajiv Castellino as chief technology officer. Prior to joining Marcus Hotels & Resorts, Levzow served as vice president of customer relationship marketing (CRM), loyalty and marketing for Hathway in Austi...
Distinctive Hospitality Group Names Ryan Burkart General Manager of The Hampton Inn Boston-Natick
Hampton by Hilton | November 2, 2017
NATICK, MA (November 2, 2017) - Distinctive Hospitality Group (DHG) is pleased to announce the appointment of Ryan Burkart as General Manager of The Hampton Inn Boston-Natick. With over a decade of professional hospitality experience, Burkart brings with him a strong understanding of hotel operations and an unmatched level of enthusiasm for the industry. In addition to serving as the hotel's General Manager, Burkart will oversee all property operations, including the hotel's on-site restaurant, SKYBOKX 109 Sports Bar & Grill. After graduating from Johnson and Wales University in 2010 with a degree in Business Management, Burkart beg...
FCS Messenger V1.3 Release Maximises Hotel Staff Communication Efficiency and Security
FCS | November 2, 2017
Hospitality's leading push-to-talk mobile app further enhanced to streamline, track and safeguard task information among staff and operations departments. Singapore – 2 November, 2017- FCS Computer Systems, a leading global provider of comprehensive hospitality guest services applications and solution design services, has unveiled FCS Messenger V1.3, the latest version of its advanced hotel staff mobile communication app. This innovative mobile solution ensures the instant and secure transmission of task details and updates across a hotel property and its various operational departments. Compatible with both iOS and Android devic...
HEDNA Announces Featured Speakers for This Year’s Global Distribution Conference, Austin, TX January 29 – 31
HEDNA | November 2, 2017
Conference set to deliver the most comprehensive information, insights, and dialogue on emerging trends and innovations that impact the hotel industry. Washington, DC, (Nov 2, 2017) – HEDNA (the Hotel Electronic Distribution Network Association) today announces a stellar speaker lineup for its upcoming Global Distribution Conference to be held in Austin, Texas from January 29th to 31st, 2018. Innovation in Technology is the theme of this year's conference, and it is imperative that all hoteliers, distribution professionals, vendors and travel companies understand the speed of technological advancement and how it will impact their ...
citizenM Chooses Duetto as its Revenue Strategy Partner
Duetto | November 2, 2017
With an Eye Toward Global Growth, Innovator citizenM Becomes First to Implement Duetto with Amadeus Cloud Property Management Amsterdam, 2 November, 2017 – Duetto, hospitality's only Revenue Strategy Platform, announced today that it is implementing its GameChanger and ScoreBoard cloud applications for citizenM, bringing new insights on pricing and demand to a dozen citizenM properties in Europe and North America. citizenM becomes the first company to take advantage of the new integration between Duetto's Revenue Strategy Platform and Amadeus' Cloud Property Management. "citizenM Hotels is one of the world's most innovative hospit...
Rainmaker Executive Angie Dobney to Participate in Panel Discussion at TribalNet Conference & Tradeshow
Rainmaker | November 2, 2017
Rainmaker also will sponsor conference 'Meet & Greet' event on opening night ALPHARETTA, GA. — Nov. 2, 2017 — The Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality revenue management software, today announced that Angie Dobney, the company's vice president of pricing and revenue management services, will participate in a panel discussion at the 18th Annual TribalNet Conference & Tradeshow, which will be held Nov. 6-9 at the Renaissance Phoenix Glendale Hotel & Spa. The company also will sponsor the conference's opening night 'Meet & Greet' event. Dobney will take part in the panel dis...
