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Here are the latest hospitality news headlines from Hotel-Online! To get the complete stories and more, visit our website:
 

Hotel CEO Turnover 2018: A Study of the Top 50 Largest Hotel Management Companies / Chris Mumford, Thomas Mielke, and Dominic Maurer
Turnover of Chief Executives at the world’s 50 largest hotel groups remained flat for 2018, with new faces appearing at the head of four companies, the same number as for the prior year.
 
BENCHMARK®, a global hospitality company, Promotes Eric Gavin to Chief Sales Officer
In his new role Eric will oversee and direct Benchmark’s systemwide revenue management department, as well as the company’s global sales strategy and performance functions.
 
The Need for Hotels to Embrace a Cause / Larry Mogelonsky
The first question for you to answer is why would you devote a portion of your scrupulously tight budget and human capital to overseeing a project that has no direct tangible benefits for your property?
 
Hospitality Financial Leadership: Contra or Barter Exchanges – How to Record Them and Some Tips / David Lund
How you can use this tool effectively and how to properly record these transactions on your books is the meat on the stick in this article.
 
INTELITY to Attend the 2019 National Indian Gaming Association Tradeshow & Convention
INTELITY’s platform offers a complete suite of guest engagement and staff management tools that fully integrate with other operational systems (PMS, POS, room controls, etc.) and loyalty programs to give casino hotels and resorts a better connection with their guests.
 
Fornova Acquires HotelsBI to Provide Full Suite of Business and Distribution Intelligence Solutions for Hotels Worldwide
The acquisition rounds out its suite of solutions with the hotel industry’s only enterprise-ready solution to help hotel chains break the silos impeding the effective use of data
 
Duetto Reaches 150,000 Rooms Milestone in Europe
Hospitality tech firm now provides revenue strategy solutions to more than 870 hotels, representing 150,000 rooms in Europe, Middle East & Africa.
 
Shiji Group Acquires Majority Ownership of Hisense Intelligent Commercial Systems
Through the acquisition of Hisense Intelligent Commercial Systems Co., Ltd, (Hisense ICS), Shiji will be able to provide its hotel, catering, retail, and other industry customers with hardware that is closely integrated with Shiji’s products
 
Avison Young Hospitality Group Recent Closings
Avison Young Hospitality Group announced today the firm closed a two-property portfolio in San Francisco last Friday.




Accor Launches a New Lifestyle Brand - TRIBE
One hotel set to open, another 10 in the pipeline and over 50 under negotiation worldwide
 
Hesperia Hotels & Resorts to Introduce the Hyatt Regency Brand to Spain with Two Rebranded Properties
The properties, Hesperia Madrid Hotel and Hesperia Barcelona Tower, are scheduled to be fully rebranded by Q4 2019 and will bring the total number of Hyatt branded hotels in Spain to five.
 
Union Investment and IHG to Invest 60 Million Euro to Modernize InterContinental® Berlin
Lease term extended to 30 years and renovations to take place during ongoing operation and be completed by end of 2022
 
Hotel Equities Tapped by APX Hotels to Manage Eight Hotel Portfolio in Alberta, Canada
The hotel portfolio, consisting of IHG, Hilton and Wyndham branded properties is owned by APX Hotel Group. The combined total guestroom count is 749 and growing, with future development projects in the pipeline.
 
IHG Promotes Willemijn Geels to Vice President of Development, Europe
In her new position, Willemijn will be responsible for driving the expansion of the group’s brands across the European Business Unit, encompassing luxury, upscale and mainstream opportunities through managed and franchised deal structures.
 
Giacomo Battafarano Appointed General Manager of Verdura Resort
Battafarano, born in 1974 and originally from Matera, brings a wealth of knowledge with him to the iconic Sicilian resort – a Rocco Forte Hotel – which is celebrating its 10th anniversary this year.

Featured Video

Hospitality Upgrade’s CES 2019 Review

Join Hospitality Upgrade as they follow Bob Gilbert, CEO of HSMAI, on his annual VIP tour of CES! 

Watch this and other important industry videos here.

In Other News:                                 May We Recommend

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