News Archive: March
Construction to Begin on The Brenton Hotel in Newport, Rhode Island
March 20, 2019
NEWPORT, RI (March 20, 2019) – The first major milestone in the construction of Newport's newest luxury boutique hotel, the Brenton Hotel, took place yesterday as demolition began of the current two-story building at 31 America's Cup Avenue. Construction of the new 57-room hotel will begin upon completion of the demolition. The Brenton Hotel will debut in spring 2020 at the prime location along the waterfront on the corner of America's Cup Avenue and Long Wharf, adjacent to the Newport Visitor Information Center and the Newport Marriott Hotel. Owned by LWH, LLC, a locally based investment group, and operated by White Horse Hospita...
Stonehouse Capital, New Owners of Maine’s Iconic Spruce Point Inn, to Honor and Celebrate Historic Asset
Spruce Point Inn | March 1, 2019
The Woodlands (Houston), Texas, March 1, 2019 … A landmark and a legend for more than a century, the historic Spruce Point Inn resort in Boothbay Harbor has reigned for years as the choice of discerning travelers and is independently ranked as one of the "best resorts in New England." New ownership and management aim to extend that legacy. The owners of Spruce Point Inn have concluded the sale of the property to Stonehouse Capital; and after careful consideration, Stonehouse Capital has engaged BENCHMARK®, a global hospitality company, to operate Spruce Point Inn as part of their Gemstone Collection. "Stonehouse Capital is ho...
Eight Technology Trends to Watch Out for in the Travel and Tourism Industry in 2019
Kacey Bradley | March 6, 2019
In the digital age, travel and tourism have taken on new traits. Technology has given the industry new ways to communicate with customers, smoother internal operations and more possibilities for growth. As these innovations have come on the scene, the needs of guests have also evolved. While 2019 unfolds, you can look out for several technology shifts that coincide with your hotel, resort or tourist destination. Check out these eight technology trends affecting travel and tourism to stay informed. Range of WiFi Spreads While WiFi in hotels became an essential, ample internet connectivity on flights lagged. Now that in-flight WiFi has ...
Encore Boston Harbor Appoints Robert DeSalvio as President
Encore Boston Harbor | March 6, 2019
EVERETT, MA (MARCH 5, 2019) – Encore Boston Harbor, a Five-Star, $2.6 billion gaming resort, is planning to open this summer, led by industry veteran Robert DeSalvio. The most anticipated resort opening in New England this year, Encore Boston Harbor will feature 671 hotel rooms, a 210,000-square-foot casino, state-of-the-art meeting and event spaces, an ultra-premium spa, and 15 dining and lounge venues, including award-winning food and beverage experiences, and new, innovative concepts. Mr. DeSalvio joined Wynn Resorts Development in 2014, with 40 years of hotel experience. He helped to bring the proposed project to life in Evere...
Nobody Asked Me, But… No. 210: Hotel History: John Q. Hammons (1919-2013)
Stanley Turkel | March 12, 2019
By Stanley Turkel, CMHS John Q. Hammons: Master Hotel Developer and Builder One of the great hotelier/developers of our time. John Q. Hammons developed 200 hotel properties in 40 states. But mere statistics hide the essence of Mr. Hammons special development techniques. He disdained the standard feasibility studies when assessing potential sites for hotel development and instead relied on his own experience, knowledge and intuition. Here are some reflections by John Q. Hammons on being an exceptional hotel developer: Be in Tune With Change: Have a Plan of Action. People do not stop to think what change means. That's the thing about su...
Sage Hospitality Completes Sale of Halcyon, a Hotel in Cherry Creek to Rockbridge Capital
Sage Hospitality | March 11, 2019
Denver, Colo. – (March 11, 2019) – Sage Hospitality, one of the nation's leading hotel investment, development and management companies, along with Denver-based developer BMC Investments, announced today the sale of Halcyon, a hotel in Cherry Creek to Rockbridge Capital. Dallas-based Makeready will take over management of the property. In addition to the 154-key hotel, Rockbridge has acquired the Halcyon and B&GC brands, which were developed and trademarked by Sage Hospitality. "It is a tremendous success for Sage Hospitality to sell this hotel and two of the associated brands. Our teams put hard work into developing and...
Grupo Therrestra Developing 957-Room Ocean Coral Spring by H10 Hotels in Jamaica
March 26, 2019
SANTO DOMINGO, Dominican Republic, March 26, 2019 -- Grupo Therrestra, under the leadership of Engineer Hugo Pérez Ovalles, continues to intensify its presence throughout the entire Caribbean region with the execution of the new project "Ocean Coral Spring by H10 Hotels". This project represents a new sign of success for the group which specializes in Design, Construction and Supervision, recognized in the region for executing tourism projects of the most demanding and high end hotel chains in the world with quality and within a short period of time. For the New Ocean Coral Spring, Therrestra will employ values that cha...
Hospitality Financial Leadership: RevPAR vs. GOPPAR and Why We Need a New Champ
David Lund | March 25, 2019
David Lund I have been around awhile and it's not like I'm ancient or anything, but I have seen some BIG changes in how we as an industry look at numbers and what numbers we focus on. What's important and what people are talking about for metrics is always changing—albeit slowly. Inside the current look is the driver for how we operate. For the longest time RevPAR has been the king. However, it was not always that way and I think it's time for the king to move on. I can remember when we didn't even use RevPAR; it was only occupancy and rate. Long gone are those days. I can also remember when we didn't have anything more complex th...
