News Archive: June
Newmarket Releases Enhanced Functionality to Delphi.fdc
Newmarket | June 10, 2015
Sales, Catering and Event Software Includes Industry Leading Packages Functionality and Enhanced Integration to Opera PMS June 10, 2015 – Portsmouth, NH – Newmarket® International, Inc. ("Newmarket"), an Amadeus company, today announced the Athens edition of Delphi.fdc, a cloud based product for Sales, Catering, and Event management. Delphi.fdc is an end-to-end sales and catering solution designed for organizations that sell and manage meeting and event space. Whether a hotel, stadium, restaurant, or convention center, Delphi.fdc assists sales teams to close more group meeting business, and catering teams to successfully execute o...
Treatment of Service Charge for Revenue and Expense Reporting in the Hospitality Industry
Christopher Garland | June 29, 2015
Implementation of the11th Revised Edition of the Uniform System of Accounts for the Lodging Industry The 11th revised edition of the Uniform System of Accounts for the Lodging Industry (USALI) was published in the spring of 2014, with an implementation date of January 1, 2015. The responsibility for revising the USALI lies with the Financial Management Committee (FMC) of the American Hotel & Lodging Association (AHLA). Throughout the implementation process, the FMC has received several questions from the worldwide lodging industry. To answer these questions, the FMC has created a Frequently Asked Questions (FAQ) document on the USAL...
Baha Mar, the $3.6 billion Bahamian Resort, Files for Bankruptcy Protection
June 30, 2015
By Mimi Whitefield mwhitefield@MiamiHerald.com Troubled by construction delays, the developer of Baha Mar — the Bahamian luxury resort being built with the help of Chinese financing and labor — has filed for Chapter 11 bankruptcy protection in Delaware. The $3.6 billion resort, which was supposed to revitalize Nassau's Cable Beach area, was initially scheduled to open in December 2014. Since then, the opening has been pushed back several times, sparking the ire of customers who had made reservations. Sarkis Izmirlian, chairman and chief executive of developer Baha Mar Ltd., said Monday that the board had determined that because of t...
Starwood Hotels & Resorts Unveils New Vision for Sheraton Brand
Starwood Hotels & Resorts Worldwide, Inc. | June 1, 2015
NEW YORK-- From the 37th Annual NYU International Hospitality Industry Investment Conference, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today introduced Sheraton 2020, a comprehensive 10-point plan designed to put Sheraton Hotels and Resorts firmly back into the global spotlight. Sheraton 2020, a nod to the plan's clear five year vision, includes a new $100 million Sheraton-focused marketing campaign; the launch of the new premier tier, Sheraton Grand; continuous innovation of the Sheraton guest experience; an unwavering commitment to service excellence; the implementation of revenue and profit-driving initiatives to ben...
Quirk Hotel Appoints New General Manager and Director of Sales and Marketing
Quirk Hotel, A Destination Hotel | June 4, 2015
Richmond, Va. – June 4, 2015 – Quirk Hotel, A Destination Hotel, hires dynamic hospitality experts Sherry Abedi and Kate McDonald Brown as their new General Manager and Area Director of Sales and Marketing. Sherry comes to Quirk Hotel with more than 16 years of hotel and restaurant management experience, of which four of those years were with Destination Hotels. Likewise, Kate comes to Richmond's first ever design-driven boutique hotel with more than 15 years of hotel sales experience and has worked with Destination Hotels for the past year. "We are proud to welcome two remarkable hospitality veterans to the Quirk Hotel team," said ...
Conrad Hilton Arrested on Suspicion of Breaking into Ex-Girlfriend’s Home
June 22, 2015
June 23--Conrad Hilton, the younger brother of Paris Hilton, was arrested Monday on suspicion of violating a restraining order taken out by his ex-girlfriend, authorities said. Officers responded to a reported restraining order violation about 4 p.m. in the 2300 block of Jupiter Drive in the Hollywood Hills, said Los Angeles Police Department spokesman Officer Mike Lopez. Officers found Hilton inside his ex-girlfriend's home and took him into custody, Lopez said. The arrest is the latest legal woe for Hilton, the great-grandson of hotel magnate Conrad Hilton. In May, he turned himself in to Riverside County authorities in connection wit...
The Gettys Group Completes Renaissance Chicago Downtown Renovation
The Gettys Group | June 1, 2015
CHICAGO (June 1, 2015) – Set against the dramatic skyline on the banks of the Chicago River, Renaissance Chicago Downtown Hotel unveiled its much-buzzed-about $27 million lobby and guestroom transformation last month. The 560-room hotel was designed by Chicago-based The Gettys Group. The firm was brought into this project from the outset to leverage their past knowledge of the property and completely re-imagine the guest experience while at the same time incorporating the enhanced Renaissance brand pillars. With the completion of the renovations to the Renaissance Chicago Downtown Hotel's guest rooms, suites, and lobby area, The G...
HVS Releases 2015 U.S. Hotel Valuation Index
June 2, 2015
HVS, the world's leading hospitality consulting and valuation firm, in collaboration with Smith Travel Research, is pleased to deliver the 2015 U.S. Hotel Valuation Index (HVI). Mineola, New York: HVS, the world's leading hospitality consulting and valuation firm, in collaboration with Smith Travel Research, is pleased to deliver the 2015 U.S. Hotel Valuation Index (HVI). The HVI offers critical information on 65 U.S. hotel markets and the nation, including: Hotel value changes and projections through 2018 Intelligence on market dynamics for primary, secondary, and tertiary hotel markets Each year, more than 200 HVS hotel experts c...
