News Archive: November
David Hoenemeyer Named Chief Operating Officer (COO) of Seminole Gaming
Seminole Gaming | November 8, 2018
HOLLYWOOD, Fla. (November 8, 2018) – David Hoenemeyer has been named Chief Operating Officer (COO) of Seminole Gaming. His appointment was announced today by Seminole Gaming CEO Jim Allen. As COO of Seminole Gaming, Hoenemeyer will work with Seminole casino presidents and general managers to oversee day-to-day operations of seven Seminole Gaming casinos in Florida. They are Seminole Hard Rock Hotel & Casino Tampa, Seminole Hard Rock Hotel & Casino Hollywood, Seminole Casino Coconut Creek, Seminole Casino Hotel Immokalee, Seminole Casino Brighton, Seminole Classic Casino in Hollywood and Seminole Casino Big Cypress. Hoeneme...
New Executive Leaders Named at Seminole Hard Rock Hotel & Casino Tampa, Seminole Casino Coconut Creek and Seminole Classic Casino in Hollywood
Seminole Gaming | November 7, 2018
HOLLYWOOD, Fla. (November 7, 2018) – Seminole Gaming today announced new executive leaders at three of its Florida casinos, including Seminole Hard Rock Hotel & Casino Tampa, Seminole Casino Coconut Creek and Seminole Classic Casino in Hollywood. Steve Bonner has been named President of Seminole Hard Rock Hotel & Casino Tampa, replacing Joe Lupo, who was recently named property president of Hard Rock Hotel & Casino Atlantic City. Bonner was President of Seminole Casino Coconut Creek in north Broward County, Fla. Larry Buck has been named President of Seminole Casino Coconut Creek, he was General Manager of Seminole Cla...
Investor Ben Mallah pays $20 million for Holiday Inn Westshore near Tampa International Airport
November 5, 2018
Nov. 05--TAMPA -- Largo real estate investor Ben Mallah likes to say that while the other kids were out playing football, he was inside playing Monopoly. That hasn't changed. Last week Mallah paid $20 million to buy the Holiday Inn Westshore, his second recent significant investment in Westshore and his third hotel near Tampa International Airport. "It's a great place to be," Mallah said Monday. TIA is growing, Westshore is attracting new business, and the Florida Department of Transportation paid $37 million for what it expects to become a transit hub. "There's a lot of activity." In the Holiday Inn deal...
Is Automation the Wave of the Future for Hotels?
Chamberlin Public Relations | November 5, 2018
It wasn't so long ago that people would call a restaurant for a reservation, or go to the video store to see what tapes were available, or waited on the sidewalk for an empty taxi to drive by. Just as technology has made all of these practices obsolete, new technology is automating many of the processes that used to take up the valuable time of both hotel guests and team members. But while these new devices may be the wave of the future, hoteliers should think carefully before trying to cut down on costs by opting for automation. After all, technology is not only as good as the engineer who designs it, it's also only as useful as the pe...
Why Employee Recognition Matters for Hotels
Ben Travis | November 8, 2018
By Ben Travis The hospitality industry is one of the most important in today's interconnected world - it creates local jobs, opens areas to new business and tourism, and makes up around 10% of global GDP. However, it can also be a high-stress industry, with irregular schedules, long hours, and a lack of appreciation. Here are some sobering statistics: Employee turnover for hotel and other hospitality organizations is almost double that of other private sector jobs. There's a strong correlation between hotel employee engagement and likelihood of guests recommending a hotel to others. Only 55% of Millennial hospitality workers...
Seán Carney Appointed Managing Director of Rosewood Miramar Beach Opening Early 2019 in Southern California
Rosewood Miramar Beach | November 5, 2018
Seán Carney has been appointed managing director of Rosewood Miramar Beach, a luxury resort opening early 2019 in the idyllic Montecito community of Southern California. Designed with style, grace and glamour, Rosewood Miramar Beach will offer luxurious beachfront living in the most stunning of settings. In his role as managing director, Seán will be responsible for overseeing all aspects of the property, including the resort's six dining venues and Sense, A Rosewood Spa®. Seán joins Rosewood Miramar Beach with over 20 years of experience in the hospitality industry. Most recently, Seán served as managing...
How Involved Are Hotel Owners in Property-Level Decisions?
Demian Hodari, Ph.D | November 6, 2018
By Demian Hodari, Michael J. Turner, Michael C. Sturman Hotel owners increasingly contract hotel management companies to operate their properties. While extensive research has examined management agreements to determine the balance of power between owners and management companies, little research has investigated the actual role that hotel owners play in property-level decision making. This is perplexing because management companies generally insist that hotel management agreements (HMAs) specifically stipulate that the owner should not seek to influence the hotel's general manager (GM). In other words, in exchange for their services, m...
Q3 2018 U.S. Lodging Market Update
Daniel Lesser | November 1, 2018
By Daniel Lesser What started as a bursting of the U.S. housing bubble between 2006 and 2007 and mushroomed into a failing subprime mortgage/credit market, ultimately resulted in the worst financial crisis since the Great Depression of the 1930s. Ten years ago, the Great Recession of 2008/2009 was ushered in by a full-blown international banking crisis sparked by the collapse of blue-chip investment banks Bear Stearns and Lehman Brothers. Through the end of Q3 2018, Wall Street is enjoying another heyday as profits for commercial banks are at a record high, the stock market is in its longest bull run in history, the U.S. economy is humm...
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