News Archive: January
2018 Commercial Real Estate Lending Predictions
Brian Holstein | January 9, 2018
By Brian Holstein Borrowers and lenders both enjoyed a fruitful 2017 and US Hotel Advisors predicts that 2018 will be more of the same. Looking Back at 2017 Most experts predicted that 2017 would be a rough year for commercial real estate lenders and borrowers alike. The "Wall of Maturities" was supposed to come crashing down. The newly-instituted risk-retention regulations were expected to curtail lending capacity and damage liquidity. Both the 10-year Treasury rate and loan spreads were projected to rise. All of this sounds dreadful, unless of course it never happened. US Hotel Advisors took the contrarian view and got it right. The "...
Northwood Hospitality Appoints Paul Burke as Area Vice President, Florida & General Manager, Naples Grande Beach Resort
January 9, 2018
NAPLES, FL (January 9, 2018) - Northwood Hospitality is pleased to announce the appointment of Paul Burke as both Area Vice President of Florida, as well as the new General Manager of Naples Grande Beach Resort. In this new role, Burke will oversee ongoing performance of three of Northwood's properties – Cheeca Lodge & Spa, Tranquility Bay Beach Resort, and Naples Grande Beach Resort, where he will also act as General Manger. With over 35 years of industry experience, Burke joins the Northwood Hospitality team from the Atlantis Paradise Island Resort where he served as President and COO. From 2011 to 2016, Paul was responsible...
10 Most Influential Hospitality Trends and Insights to Start 2018
Cendyn | January 8, 2018
Jump start the year with our round up of the top trends and insights shaping the hospitality industry right now. 1. The hotel industry's automated future Each step of the guest lifecycle contains finely-tuned datapoints; reason for travel, booking date, date of last stay, amenity preferences, activity preferences, dining habits, total spend – even listing them all feels overwhelming. But these pieces fit into one constantly changing puzzle that intelligence algorithms analyze with ease. 2. Definitive guide to hotel digital marketing Major changes in the hospitality industry and the constant evolution of digital marketing ha...
The Hotel Group Selected to Manage The Sound Hotel Seattle Belltown – Tapestry Collection by Hilton
The Hotel Group | January 22, 2018
Seattle, WA, January 22, 2018 — The Hotel Group, a leading national hotel management and investment company, announced today it is expanding its footprint in Seattle by being selected to manage The Sound Hotel Seattle Belltown, a Tapestry by Hilton in Seattle, Washington. This is the first Tapestry for Hilton Hotels and Resorts in Washington state. The hotel is being developed as part of a 42-story mixed-use building which will also house Arrivè (arriveseattle.com), a residential complex with elegantly designed one and two-bedroom contemporary rental apartments. The 142-room hotel property will be located on floors one thro...
Why Your Guests Return, and Why They Don’t: Your Employees
Chris Dornfeld | January 10, 2018
By Chris Dornfeld Every company, to a greater or lesser extent, has to be about customer service. In the hospitality industry, it's much simpler than that. Hospitality is customer service. The people who make or break that guest experience are, of course, your employees. And not so much your highly trained, top-dollar employees, but those on the phones and on the floors and in the rooms day after day after day, interacting face to face with your guests. Those are substantial stakes. It's a grand opportunity if your employees are up to It. It's a curse if they're not. For the sake of your business, they have to be. And given the nature o...
Hyatt to Realign its Corporate Leadership Team and Operations
Hyatt Hotels Corporation | January 18, 2018
CHICAGO (January 18, 2018) – Mark Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation (NYSE: H), today announced that Hyatt will realign its corporate leadership team and operations to accelerate its differentiated strategy to care for the high-end traveler with distinctive experiences. The key changes, expected to be completed in the second quarter of 2018, include the formation of a new commercial services portfolio at the Executive Committee level that will combine guest and customer engagement functions under a new chief commercial officer position. Further, the company is also consolidating managed ...
Arash Azarbarzin Appointed President of SH Group
SH Group | January 3, 2018
NEW YORK, Jan. 3, 2018 -- SH Group, the hotel brand management company created and owned by Starwood Capital Group, today announced the appointment of Arash Azarbarzin as President, effective immediately. In his new role, Azarbarzin will oversee all operations and expansion for SH Group. SH Group currently operates the fast growing 1 Hotels, a nature-inspired luxury lifestyle brand with locations in Manhattan, Brooklyn and South Beach, as well as the five-star luxury Baccarat Hotel brand. "Arash is a superb addition to our team who has the expertise and talent to guide the unparalleled 1 Hotels and Baccarat Hotels & Resorts to ...
Riant Capital Unveils Details of Development of Taipei Sky Tower to Include Dual-Branded Park Hyatt Taipei and Andaz Taipei
Riant Capital | January 23, 2018
TAIPEI/ HONG KONG/ SINGAPORE (January 23, 2018) After the long awaited completion of review process, Riant Capital unveiled its final selection of hotel operator, architect and designers for the highly anticipated development Taipei Sky Tower (TST). Catered to high-end travelers looking for different types of experiences, TST today announced its collaboration with Hyatt Hotels & Resorts for Asia's first large scale lifestyle-driven development which will house two Hyatt-branded luxury hotels – Park Hyatt Taipei and Andaz Taipei. This will be the first dual-branded luxury hotel development for Hyatt in Asia. Situated in Taipei'...
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