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Sunstone Hotel Investors Completes Acquisition of the Boston Park Plaza for $237,400 per key
Sunstone Hotel Investors: | July 3, 2013
ALISO VIEJO, Calif., July 3, 2013 -- Sunstone Hotel Investors (the "Company") (NYSE: SHO) announced today that it has closed on the previously announced acquisition of the 1,053-room Boston Park Plaza hotel located in Boston, Massachusetts. The contractual purchase price was $250.0 million (or approximately $237,400 per key). The acquisition was structured as a tax-deferred exchange and was funded with a combination of proceeds received from the sale of four hotels and a commercial laundry facility in January 2013, cash on hand and the assumption of a non-recourse loan secured by the hotel. The assumed loan has a principal outstanding b...
Wyndham Hotels and Resorts Brand Debuts in Ecuador with the Opening of 179-room Wyndham Guayaquil
Wyndham Hotels and Resorts | July 3, 2013
GUAYAQUIL, Ecuador (July 2, 2013) - Wyndham Hotel Group, the world's largest hotel company with approximately 7,380 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today celebrated its continued expansion in Latin America with the addition of the 179-room Wyndham Guayaquil in Ecuador, marking the introduction of the upscale Wyndham Hotels and Resorts® brand in the South American country. The newly constructed, full-service property in Guayaquil is the fifth hotel to open under an agreement between Wyndham Hotel Group and the hotel's ownership group, Nobis, to develop and franchise eight additional hotels in the country un...
Wyndham Hotel Group Opens the Newly Constructed 307-room Wyndham Istanbul Petek in Turkey
Wyndham Hotels and Resorts | July 3, 2013
ISTANBUL (July 2, 2013) – Wyndham Hotel Group, the world's largest hotel company with approximately 7,380 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the opening of the newly constructed, 307-room Wyndham Istanbul Petek, the second upscale Wyndham Hotels and Resorts® property to open in Turkey in just six months. The opening of Wyndham Istanbul Petek adds to Wyndham Hotel Group's growing presence in Turkey, becoming the 20th property in the country to fly a Wyndham Hotel Group brand flag. Currently, the company has properties open and operating under the Wyndham Hotels and Resorts, TRYP by Wyndham® ...
Shangri-La Hotels and Resorts Opens the 508-room Jing An Shangri-La, West Shanghai
Shangri-La Hotels and Resorts | July 3, 2013
Shanghai, July 3, 2013 - Shangri-La Hotels and Resorts unveiled its third luxury hotel in Shanghai on June 29 on the Puxi side of the Huangpu River. Positioned in the very heart of Shanghai, Jing An Shangri-La, West Shanghai is part of the city's most fashionable neighborhood and features a glamorous design inspired by Shanghai's vibrant past, present and future. The 508-room hotel is the centerpiece of the impressive new 450,000-square-meter (4.8 million-square-foot) Jing An Kerry Centre. In 1993, Kerry Holdings Limited began purchasing parcels of land where Jing An Kerry Centre sits with the vision of developing a high-end, mixed-use ...
Flora Hospitality Opens its New-Build 80-room Flora Al SOUQ Hotel in Dubai
Flora Hospitality | July 3, 2013
DUBAI, July 3, 2013 -- Flora Hospitality, will officially open the doors of its newest 2 star hotel Flora Al SOUQ, by the end of June 2013. The new property is situated in the main business and shopping area of the city, Al Baniyas district, surrounded by a variety of oriental stores and just 15 minutes' drive from Dubai airport. The Hotel's prime location offers convenience and accessibility. Dubai Gold Souk and Spice Souk, the traditional market with a variety of fragrances and spices are just 10 minutes walk from the hotel offering to guests an extraordinary shopping experience, immersing them in the heart of the old Dubai with its a...
Chinese Hotel Chain Signs eRevMax for Market Expansion and Revenue Growth
Rosedale Hotel Group | July 3, 2013
5 Rosedale Properties Leverage RateTiger Channel Manager for Optimal e-Distribution Hong Kong, 3 July, 2013: Rosedale Hotel Group has recently partnered with eRevMax to expand its online visibility to further improve market share. All five Rosedale properties have subscribed to RateTiger's integrated channel management platform to update room rates and availability and benchmark competitor prices to enhance online revenue opportunities. The intense competition in the Chinese hospitality sector has made it important for accommodation providers to optimize all demand sources. Online travel booking is growing in double digits in China and ...
The 171-room DoubleTree by Hilton Campbell – Pruneyard Plaza Opens in California
DoubleTree By Hilton | July 3, 2013
MCLEAN, Va. - July 3, 2013 - DoubleTree by Hilton and Hilton Worldwide today announced the opening of the new DoubleTree by Hilton Campbell - Pruneyard Plaza, following comprehensive hotel upgrades. Formerly an independent boutique hotel, the property located at 1995 S. Bascom Avenue in Campbell, Calif., becomes the newest addition to the DoubleTree by Hilton portfolio, which boasts more than 340 hotels worldwide. Following the opening, the hotel will continue its dramatic property-wide renovation with upgrades to the lobby, an updated fitness center and a revamp of the hotel's food and beverage offerings. DoubleTree by Hilton Campbell ...
Owned and Managed by Shamin Hotels the DoubleTree by Hilton Richmond – Midlothian Opens in Virginia
Shamin Hotels | July 3, 2013
RICHMOND, Va. - July 3, 2013 - DoubleTree by Hilton today announced the opening of DoubleTree by Hilton Richmond - Midlothian, a contemporary hotel situated just a short drive from downtown Richmond. The building, formerly the Holiday Inn Koger Conference Center, is nearing the completion of a $6.5 million renovation that includes upgrades throughout the hotel's public spaces and guest rooms by the end of 2013. The modern property boasts upscale accommodations and the most expansive hotel meeting and event space available in Richmond-Midlothian. Both the hotel and conference center are owned and managed by Shamin Hotels Inc. "DoubleTree...
The 140-key Fairmont Baku, Flame Towers, Opens in Azerbaijan
Fairmont Hotels & Resorts | July 3, 2013
Toronto July 3, 2013 - Fairmont Hotels & Resorts today announced the opening of Fairmont Baku, Flame Towers, the luxury brand's first development in the emerging destination of Azerbaijan. Located within the highest part of the city in the heart of Baku's vibrant centre, Fairmont Baku lies within one of the three Flame Towers: an extraordinary, award-winning, new development, now the tallest building complex in the country. Described by some as one of the most audacious buildings of modern times, the Flame Towers' three columns are an apt symbol for this "land of fire". Extraordinary as it seems, HOK International, the architects be...
CHESAPEAKE HOSPITALITY ADDS HILTON GARDEN INN FORT MYERS TO MANAGEMENT PORTFOLIO
Chesapeake Hospitality | July 3, 2013
GREENBELT, MD.,— Greenbelt, Md.-based Chesapeake Hospitality, one of the country's fastest growing third-party hotel management companies ranked in the top 50 largest independent U.S. operators, announced today that it has taken over management of the Hilton Garden Inn Fort Myers in Fort Myers, Fla. Kim Sims, president of Chesapeake Hospitality, made the announcement. Chesapeake's demonstrated expertise in managing property renovations will be critical to the immediate success of the hotel as the owners embark on a $3 million renovation project. Updates to the property will include a complete refresh of the 126 guest rooms and renovat...
ISHC Adds New Member
HyperDisk Marketing | July 2, 2013
Steven V. Seghers, President of HyperDisk Marketing, officially became a member of the prestigious International Society of Hospitality Consultants (ISHC) on March 20, 2013. He will be awarded his membership pin at the ISHC Annual Conference in Panama City, Panama, on October 3, 2013. ISHC is celebrating its 25-year anniversary as the preeminent source for hospitality expertise, counsel, and strategic support within the hospitality vertical, representing professionals across six continents. Mr. Seghers will compliment ISHC's far-reaching hospitality expertise by providing a highly specialized digital marketing skill set. Since the early...
The St. Regis Aspen in Colorado Welcomes New Executive Chef David Viviano
The St. Regis Aspen Resort | July 2, 2013
Aspen, CO - July 2, 2013 - The St. Regis Aspen is pleased to announce the appointment of new Executive Chef David Viviano to lead the culinary team at the Aspen resort. Chef Viviano joins The St. Regis Aspen Resort with great enthusiasm for the culinary arts and a diverse scope of experience, including over fifteen years working in the hospitality industry. As Executive Chef, Viviano oversees all of the resort's food and beverage operations, including new authentic Italian restaurant, Trecento Quindici Decano, as well as banquet, catering and in-room dining. As a child, Viviano inherited a love of food and Italian cuisine at his family'...
The Gleneagles Hotel, Scotland, Welcomes New Hires
Gleneagles Hotel | July 2, 2013
SCOTLAND (July 2, 2013) - A testament to the hotel's stellar staff and seamless operation, The Gleneagles Hotel in Scotland has expanded its hotel team with several new appointments: Eduard Dimitriu, Spa Director Eduard Dimitriu has been named Spa Director of the The Spa at Gleneagles by ESPA. Boasting over 12 years of experience in award-winning resorts, Eduard brings his wealth of knowledge, impeccable track-record and spa expertise to ensure that Gleneagles continues to deliver outstanding service to its guests. Eduard's career began as a member of the medical team implementing sports recovery and rehabilitation programs for various ...
Florida’s Fontainebleau Miami Beach Names Kevin Bryant as Director of Sales & Revenue Management
Fontainebleau Miami Beach | July 2, 2013
Miami Beach, Fla. (July 2, 2013) - Fontainebleau Miami Beach today announced the promotion of Kevin Bryant to the newly created position of Director of Sales & Revenue Management. Bryant joined Fontainebleau as Director of Revenue Management in 2007, becoming a key member of a sales team responsible for the re-launch of the iconic hotel following a $1 billion renovation. Bryant brings more than 16 years of hospitality experience to the position. In his new role, Bryant is responsible for maximizing the revenue profitability of the hotel by strategically managing the booking of guest rooms and meeting space. He directs a team comprised ...
Marcus Hotels & Resorts Names Paul Ohm General Manager of The Pfister® Hotel in Milwaukee, Wisconsin
The Pfister Hotel | July 2, 2013
MILWAUKEE - July 2, 2013 - Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced that Paul Ohm has been appointed general manager of the AAA Four-Diamond Pfister® Hotel in Milwaukee, Wis. Ohm has more than 25 years of experience in the hospitality industry and previously served as general manager of the Fairmont Newport Beach, a 450-room luxury hotel in southern California. Ohm will be responsible for overseeing the general operations of the 307-room hotel, as well as the upcoming renovations of the hotel's 176 tower guest rooms slated to begin in fall 2013. Ohm joins Marcus Hotels & Resorts ...
Bolour Associates and Provenance Hotels to Develop 104-room Beachfront Hotel in Los Angeles County
Provenance Hotels | July 2, 2013
HERMOSA BEACH, Calif. - July 2, 2013 - Bolour Associates, Inc. and Provenance Hotels today announced their joint acquisition of a prime beach front parcel in Hermosa Beach and intention to develop a 104-room luxury beachfront hotel on the site. Bolour Associates, a real estate investment, development and finance firm based in Beverly Hills, will serve as developer for the project and Provenance Hotels, a hotel owner, operator, and developer based in Portland, Ore., will operate the hotel. This will be the first major new hotel development on the beaches of Los Angeles County in years and, upon its expected completion in 2016, will be on...
Topnotch Resort in Stowe, Vermont Re-Opens after Property-Wide $15 Million Renovation
Topnotch Resort and Spa | July 2, 2013
STOWE, Vt., July 2, 2013 -- An all new Topnotch Resort opens its doors this Friday, June 28 following a much-anticipated, property-wide renovation. A renowned Stowe destination since 1959, the new Topnotch will unveil: An airy new lobby with mountain views and access to outdoor pools Renovated guestrooms A new lobby bar & restaurant 'The Roost' A second reconceived restaurant 'Flannel' replacing Norma's restaurant An intimate and inspiring outdoor wedding venue and event space facing the mountains Fully re-thought conference and banquet facilities An improved and beautifully landscaped new entry road and arrival experience ...
Hilton Worldwide Signs Management Agreements for Two New Developments in Mexico
Hilton Garden Inn | July 2, 2013
The Hampton Inn & Suites by Hilton Santa Fe Morelos to Open in Q2 2015 and the Hilton Garden Inn Coatzacoalcos to Open in Early 2016 MCLEAN, Va. - July 2, 2013 - Hilton Worldwide today announced it has signed management agreements with Solfine Investment, S de RL de CV to manage the Hampton Inn & Suites by Hilton Santa Fe in the state of Morelos, and with Consorcio Constructor e Inmobiliario Pegaso SA de CV to operate the Hilton Garden Inn Coatzacoalcos in the state of Veracruz. Scheduled to open in Q2 2015 and early 2016 respectively, the addition of these hotels serves as an example of the award-winning, mid-priced brands' con...
Swissôtel Hotels & Resorts Expands into Azerbaijan with Swissôtel Baku Slated to Open in 2015
July 2, 2013
Zurich, July 2, 2013 - The expansion of Swissôtel Hotels & Resorts continues at the crossroads of Southwest Asia and Europe with a new deluxe hotel in Baku, Azerbaijan. Scheduled to open in 2015, Swissôtel Baku is currently under construction and will open in time for the first European Olympic Games. The mixed use complex consists of two towers set upon a shared podium which will accommodate businesses, retail and entertainment outlets and numerous restaurants. Swissôtel Baku will be situated in the taller, 160-metre tower and will offer 149 rooms and suites, as well as a Swissôtel Living with 45 furnished apartments and 80 SwissÃ...
Meliá Hotels International to Open TRYP by Wyndham Hotel in Lima, Peru in 2016
TRYP by Wyndham | July 2, 2013
Palma de Mallorca, 2 July 2013. The Chairman of Meliá Hotels International, Gabriel Escarrer, recently explained at the company's annual general shareholders meeting that emerging markets, in particular the highest potential countries in Latin America, are the focus for growth of its hotel brands, already successfully operating in 39 countries on four continents. The founder of Meliá specifically named Peru as a target for the company, a country where the tourism industry is beginning to take off, as seen in the growth of hotel RevPAR (average revenue per room) which rose by over 4% in 2012. As in other expanding Latin American econom...
SiteMinder Named a Global Channel Manager Vendor for Hyatt Hotels & Resorts
SiteMinder | July 2, 2013
July 2, 2013 -- Global online distributor, SiteMinder, has today been named one of the preferred channel manager vendors for global hotel chain, Hyatt Hotels & Resorts. SiteMinder is set to assist in effectively managing the online distribution of Hyatt's distinct brand portfolio. "The newly established relationship with a globally recognised hotel group, Hyatt, is a vote of confidence in SiteMinder's ability to bolster the group's online visibility. A milestone achievement, we now look forward to forging a stronger relationship with Hyatt – one that is mutually beneficial and drives business results," said David Williams, Executive ...
Rim Hospitality to Manage the 140-room Aloft Denver Downtown Slated to Open in July 2014
Rim Hospitality | July 2, 2013
Newport Beach, Calif. - (July 2, 2013) - Rim Hospitality, one of the leading hotel management companies in North America, has added Aloft Denver Downtown, a ninth Starwood Hotels & Resorts Worldwide, Inc., property, to its growing portfolio. Managed by Rim Hospitality, the hotel is slated to open in July 2014 and will feature 140 spacious loft-like rooms, leading-edge technology and an energetic social atmosphere. "We are thrilled to expand our growing footprint in Denver and within Starwood Hotels & Resorts Worldwide, Inc.," stated Mark LeBlanc, senior vice president of development at Rim Hospitality. "We are honored to welcome...
International Hotel Casino & Tower Suites in Varna, Bulgaria Reopens After a Two-Year Renovation
Great Hotels of the World | July 2, 2013
Hotel Capacity Increased by 150% to a New Total of 325 Guestrooms July 2, 2013 - Great Hotels of the World (http://www.ghotw.com), the London-based hotel sales and marketing alliance, is pleased to announce that its new member, International Hotel Casino & Tower Suites, recently reopened on 21 June 2013. The hotel has completed extensive renovations following a two-year development at a cost of €20 million. Situated in the heart of the Golden Sands Resort in Varna, Bulgaria, just 90 metres from the beach, the hotel has restructured its architectural design to give the property a more modern look with the help of renowned architec...
The 100-suite Residence Inn Columbia Northwest/Harbison Opens in Irmo, South Carolina
Residence Inn | July 2, 2013
Owned by South Side Partners, LLC and Managed by Solara Hospitality, LLC Irmo, South Carolina - July 2, 2013 - The 100-suite Residence Inn by Marriott in Irmo, South Carolina Opened on Tuesday, June 25, 2013. Located at 944 Lake Murray Boulevard, the Residence Inn Columbia Northwest/Harbison will operate as a Marriott franchise, owned by South Side Partners, LLC and managed by Solara Hospitality, LLC. Located 10 minutes from downtown Columbia and 13 miles from Columbia Metropolitan Airport, the Residence Inn Columbia Northwest/Harbison offers its guests convenient access to the University of South Carolina, Lake Murray, Harbison Shoppin...
