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The 93-key Staybridge Suites London Vauxhall to Open in the UK in Early 2015; Owned by Spring Mews
IHG (InterContinental Hotels Group) | November 6, 2013
6 November, 2013 - InterContinental Hotels Group (IHG®), one of the world's largest hotel companies, is gaining an increased foothold in the UK's extended stay hotel market with the signing of its second property in the capital - Staybridge Suites London Vauxhall. The hotel is due to open early in 2015. Operating under a franchise agreement with new owner Spring Mews Ltd; a subsidiary of CLS Holdings Plc, the 93 suite new build hotel will be managed by Cycas Hospitality, extended stay hotel specialists, who also manage Staybridge Suites London Stratford City and Staybridge Suites Liverpool. Part of the Spring Mews development project, ...
Akaryn Hospitality Management Services Selects Agilysys Solution Suite
Agilysys | November 6, 2013
Inventory and Procurement, POS Systems Implemented at Aleenta Phuket Resort and Spa ALPHARETTA, GA. - Nov. 6, 2013 - Agilysys, Inc. (Nasdaq: AGYS), a leading provider of innovative information technology and hospitality software and services, today announced that Akaryn Hospitality Management Services (AHMS) has selected the Agilysys Eatec® inventory and procurement system and the Agilysys InfoGenesis™ POS system to streamline operations at Thailand's Aleenta Phuket-Phang Nga Resort and Spa. The luxury beachfront resort, which is currently undergoing a $2 million expansion, was already using the Agilysys Visual One™ property manage...
Vision Hospitality Group Opens Two Hampton Inn & Suites in Chattanooga, TN
Vision Hospitality Group, Inc. | November 6, 2013
Vision Hospitality Group, Inc. announced the opening of the Hampton Inn & Suites Chattanooga/Hamilton Place and Hampton Inn – Kimball, TN. The six-story Hampton Inn & Suites Chattanooga/Hamilton Place features 134 spacious rooms, 1800 sq. ft. of meeting space, an indoor swimming pool, state-of-the-art fitness and business centers, and an outdoor patio with a fireplace and pergola. Guests will also enjoy the hotel's other amenities, including complimentary Wi-Fi and hot breakfast as well as the 100% Hampton Guarantee®. The property is conveniently located next to Hamilton Place Mall and easily accessed from I-75. The 80-room H...
The January Bowl Games Bring Great Energy and Excitement to South Florida
Hollywood Beach Marriott | November 5, 2013
November 6, 2013 -- HOLLYWOOD BEACH, FLORIDA -- In January 2014, South Florida will once again welcome the 2014 Orange Bowl. This exciting game brings so much energy, enthusiasm, and fanfare to the South Florida area. The Hollywood Beach Marriott, a hotel right on the beach and on Hollywood's famed Broadwalk, offers room availability for the traveler who wants awesome accommodations and a ideal location to the game. Steve Klein, Director of Sales & Marketing said, "With all kinds of packages that are now available, you can customize your stay here, have fun, stay warm, and get to see all of the attractions that South Florida has to ...
IHG Provides Q3 2013 Interim Management Statement; Global RevPAR up 3.3%
IHG | November 5, 2013
Solid third quarter performance For complete results and tables please visit: http://www.ihgplc.com/index.asp?PageID=116&NewsID=3076 Highlights Global third quarter RevPAR growth of 3.3%, with 3.6% in the first nine months. 8k rooms opened in the quarter taking system size to 679k rooms as at 30 September, up 1% year on year. 16k rooms signed in the third quarter, up 18% year on year, taking the pipeline to 180k rooms at the quarter end. Richard Solomons, Chief Executive of InterContinental Hotels Group PLC, said: "We have delivered a solid third quarter performance with RevPAR growth in all four regions, driven by our preferre...
Ryman Hospitality Properties, Inc. Reports Q3 2013 Results; Progress Being Made on Transition Issues
Ryman Hospitality Properties | November 5, 2013
- Gross Advanced Group Bookings for all Future Periods Increased 34.7 Percent Over Third Quarter 2012 – - In-The-Year, For-The-Year Gross Advanced Group Bookings Increased 20.8 Percent Over Third Quarter 2012 – - Progress Being Made on Transition Issues – November 05, 2013 08:30 AM Eastern Standard Time NASHVILLE, Tenn.---Ryman Hospitality Properties, Inc. (NYSE:RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the third quarter ended September 30, 2013. Colin V. Reed, chairman, chief executive officer and...
Courtyard New York Manhattan/Fifth Avenue Completes Multi-Million Renovation
the Courtyard New York Manhattan/Fifth Avenue | November 5, 2013
NEW YORK, Nov. 5, 2013 -- The Courtyard New York Manhattan/Fifth Avenue hotel's multi-million renovation seeks to accommodate business and leisure travelers with the sophistication of a fine tailored men's suit splashed with a touch of whimsy all created by Leo A Daly designers. The Fifth Avenue New York hotel now boasts a blue and white color palette throughout that offers a clean-cut design appealing to busy adults. Geometric patterns, textures and pops of citron green and pink incorporate a youthful feel into the atmosphere. A collage of borough names surrounding New York is one piece of artwork that will catch guests' attention the ...
Hospitality Properties Trust Reports Q3 2013 Net Income of $316.7 million; RevPAR Increased 8.1%
Hospitality Properties Trust | November 5, 2013
NEWTON, Mass.---Hospitality Properties Trust (NYSE: HPT) today announced its financial results for the quarter and nine months ended September 30, 2013. For complete results and tables please visit: http://investor.shareholder.com/hptreit/releasedetail.cfm?releaseid=804325 Results for the Quarter Ended September 30, 2013: Normalized funds from operations, or Normalized FFO, for the quarter ended September 30, 2013 were $105.8 million, or $0.76 per share, compared to Normalized FFO for the quarter ended September 30, 2012 of $91.5 million, or $0.74 per share. Net income available for common shareholders was $16.7 million, or $0.12 per sh...
The 235-room DoubleTree by Hilton Hotel and Conference Centre Regina Opens in Saskatchewan, Canada
DoubleTree by Hilton | November 5, 2013
REGINA, Saskatchewan & MCLEAN, Va. - November 5, 2013 - DoubleTree by Hilton today announced the opening of DoubleTree by Hilton Hotel and Conference Centre Regina, marking the debut of Hilton Worldwide's globally-renowned hotel brand into the market. The hotel, formerly the Regina Inn Hotel and Conference Centre, unveils property-wide upgrades following a 10-month, multi-million dollar renovation that includes a total refurbishment of its 235 guest rooms, 18,000 square feet of flexible conference space and a new full-service restaurant. The hotel is owned and operated by SilverBirch Hotels & Resorts. "We are excited to team wit...
Red Lion Reports Continued Improvement for Q3 2013 in ADR & RevPAR
Red Lion Hotels | November 5, 2013
SPOKANE, Wash., Nov. 4, 2013 -- Red Lion Hotels Corporation (NYSE: RLH), a western U.S. based owner, operator and franchisor of midscale hotels, today announced its results for the third quarter 2013. For complete results and tables please visit: http://files.shareholder.com/downloads/CVH/2773029917x0x703044/4277f62b-80b9-49ff-9430-3baaef3c054b/RLH_News_2013_11_4_General.pdf Highlights: Improved ADR and RevPAR for comparable owned and leased hotels for the quarter by 4.2 percent and 2.8 percent respectively, over prior year Increased comparable hotel direct operating margin for the quarter by 220 basis points, over prior year Increa...
Ramada to Debut in Fiji with the 2015 Opening of the 40-key Ramada Suites Smugglers Cove Fiji
Ramada | November 5, 2013
NADI, FIJI (November 5, 2013) – Wyndham Hotel Group, the world's largest hotel company with approximately 7,440 hotels and part of Wyndham Worldwide Corporation (NSYE: WYN), today announced the signing of a new franchise agreement with Smugglers Cove Beach Resort Limited to open the first Ramada® property in Fiji, a 40-apartment resort on Wailoaloa Beach in Nadi Bay. Ramada Suites Smugglers Cove Fiji, currently under construction, is due to be completed in early 2015. The agreement plays a key role in Wyndham Hotel Group's strategy to grow the Ramada brand throughout the South Pacific. The signing adds a new destination to the brand'...
EMEA Hotel Transaction Volumes Up 50% in First 9 Months of 2013 According to Jones Lang LaSalle
Jones Lang LaSalle | November 5, 2013
EMEA, 05 Nov 2013 – Hotel investment volumes across Europe, Middle East and Africa (EMEA) reached €8.2 billion September YTD 2013, a 53% growth compared to the same time last year says Jones Lang LaSalle's Hotels & Hospitality Group. Single asset deals secured a 54% share of transaction volumes overall, up 13% compared to last year. The rest came from a number of notable portfolio deals driving transaction volumes up by more than 160%. The most notable single asset transactions during Q3 included the sale of the Grand Plaza Serviced Apartments in London which was sold to the Federal Land Development Authority of Malaysia for a r...
Host Hotels & Resorts Reports Q3 2013 Net Income of $18M; RevPAR Up 5.5%
Host Hotels & Resorts | November 5, 2013
BETHESDA, Md., Nov. 5, 2013 -- Host Hotels & Resorts, Inc. (NYSE: HST), the nation's largest lodging real estate investment trust ("REIT"), today announced results of operations for the third quarter ended September 30, 2013. For complete results and table please visit: http://ir.hosthotels.com/phoenix.zhtml?c=60734&p=irol-newsArticle&ID=1872249&highlight= N/M=Not Meaningful (a) As of January 1, 2013, the Company adopted calendar quarter reporting periods. For further discussion see "Adjustments for Calendar Quarter Reporting Periods" on page 2 of this release. (b) NAREIT Funds From Operations ("FFO") per diluted share...
Chatham Lodging Trust Confirms Receipt of Unsolicited Conditional Proposal from BlueMountain Capital
Chatham Lodging Trust | November 5, 2013
PALM BEACH, Fla., Nov. 5, 2013 -- Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium branded, select-service hotels, today confirmed that it has received an unsolicited conditional proposal from BlueMountain Capital Management to acquire the Company for $21.50 per share, subject to due diligence, financing, negotiation of satisfactory agreements and other conditions. The Chatham Board of Trustees will review the proposal in due course in consultation with its financial and legal advisors. The Company does not intend to comment further about Bl...
Chatham Lodging Trust Reports Q3 2013 Net Income of $2.5M; Comparable RevPAR Up 6.7%
Chatham Lodging Trust | November 5, 2013
PALM BEACH, Fla.----Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) that owns wholly or through its joint ventures 76 premium-branded, upscale, extended-stay and select-service hotels, today announced results for the third quarter ended September 30, 2013. For complete results and tables please visit: http://phx.corporate-ir.net/phoenix.zhtml?c=237429&p=irol-newsArticle&ID=1872056&highlight= Third Quarter 2013 Highlights Comparable Hotel RevPAR – Grew hotel RevPAR 6.7 percent, excluding the Washington, D.C. hotel which was being renovated/rebranded throughout the entire quarter. Portfolio...
Noble Acquires Two Arizona Hotels; Both Assets to Receive Substantial Enhancements Toward Rebranding
Noble Investment Group | November 5, 2013
ATLANTA, Nov. 5, 2013 -- Noble Investment Group ("Noble") today announced the acquisition of two Arizona hotels, the Windmill Suites Hotel Tucson at the University of Arizona and the Windmill Suites Hotel in Phoenix/Chandler at the Chandler Fashion Center. The two properties will undergo more than $18 million in combined physical improvements and will be rebranded the Homewood Suites Tucson St. Philips Plaza at the University of Arizona and the Hyatt Place Phoenix/Chandler at the Fashion Center, respectively. The properties are located in highly sought after and affluent markets consistent with Noble's strategy of investing in first cla...
Hospitality Upgrade Launches Comprehensive and Interactive Technology Directory and Buyer’s Guide
Hospitality Upgrade | November 5, 2013
ATLANTA – Nov. 5, 2013 – Hospitality Upgrade, the No. 1 technology source for the hotel, travel and foodservice industry, announced the launch of an annual directory and buyer's guide, that will be open to all technology providers that serve the hospitality industry. This effort is part of Hospitality Upgrade's continuing commitment to serve the hospitality industry community and provide exclusive and unmatched content about technology. By leveraging an extensive network of solution providers and those from the buying community and its more than 20 years of publishing experience, Hospitality Upgrade has the unique ability to bring a...
12 Hottest Food & Beverage Trends For Restaurants And Hotel Dining For 2014 + 30 Buzzwords
Michael Whiteman | November 5, 2013
by Michael Whiteman Consultants Baum+Whiteman say that concepts of luxury thread through top dining trends: tasting menus running $1,000 for two, haute chicken priced like steak, upscale food halls, bespoke spices ... even theatrical and sci-fi effects changing the global dining scene by bombarding customers' senses. Department stores jumping back into the restaurant biz. Hipster Asian and Jewish fusion getting traction. Smart money placing bets on better-for-you dining. Tasting menus trickling into mid-price markets. Flocks of beverage trends from fast food to cocktail lounges. Taking another look at Mid-East food trends. Baum+Whiteman...
The HongKong and Shanghai Hotels, Limited Appoints Alan Philip Clark as Chief Financial Officer
The Hongkong and Shanghai Hotels, Limited (HSH) | November 5, 2013
HONG KONG, Nov. 5, 2013 -- Mr. Clement K.M. Kwok, Managing Director and Chief Executive Officer of The Hongkong and Shanghai Hotels, Limited (HSH) has announced the appointment of Mr. Alan Philip Clark as the Group's new Executive Director and Chief Financial Officer. The effective date of his appointment will be announced at a later stage. Aged 45, Mr. Clark is a British national and a Member of the Chartered Institute of Management Accountants in the United Kingdom. He graduated from the University of South Africa in 1989 with a Bachelor of Accounting Science degree. After graduation, he joined Durban Hotels and left in 1992 to join S...
Bearded Hotel Staffers Don’t Cut It With Guests, Says New Cornell Study
the Cornell Hospitality Quarterly | November 5, 2013
Ithaca, NY, November 5, 2013 - The results of a study of guests' reactions to hotel employees' appearance were mostly what you might expect. The study, published in the November 2013 issue of Cornell Hospitality Quarterly, found that hotel guests think that the most effective employees are men and women who smile and are attractive. When it comes to facial hair, however, the guests weren't so sure. They assigned greater assurance ability to clean-shaven men, but for reasons that are not clear this effect held true only for Caucasian men and not for African-American men. The study, "The Frontline Provider's Appearance: A Driver of Guest ...
Maestro Selected by 6 Independent Hotel Companies as Total Productivity, Revenue Generation Solution
Maestro Property Management Solution | November 5, 2013
At IHM&RS Visit NORTHWIND-Maestro PMS in Booth # 3059 November 9 - 12, Jacob K. Javits Center, NYC Independent Operators Trust NORTHWIND-Maestro for Tools and Services to Drive Highly Profitable Operations, Engage Guests, Increase Web Bookings, and Exceed Guest Service Expectations Markham, ON - November 5, 2013 - NORTHWIND, provider of Maestro™ Enterprise Property Management, announced 6 independent hotel companies selected Maestro Property Management for 9 properties in 3Q '13. NORTHWIND-Maestro PMS is the preferred supplier of hotel software and reservation software solutions for the industry's leading independent hotels, resor...
Completing Conversion, the 105-room Red Lion Inn & Suites Perris Opens in Southern California
Red Lion Hotels Corporation | November 5, 2013
SPOKANE, Wash., Nov. 5, 2013 - Red Lion Hotels Corporation (NYSE: RLH) announced that overnight the Red Lion Inn & Suites Perris in Southern California converted to the brand. This is the third hotel within the last month to become a Red Lion. The Red Lion Inn & Suites Perris, 480 S Redlands Ave., is located in Riverside County about 30 miles south of San Bernardino, with easy access off of Interstate 215. The hotel has 105 rooms and suites, an outdoor pool, free WiFi and a complimentary hot Roaring Start Breakfast®. "The Red Lion name has strong brand recognition in Southern California," said Ron Burgett, Executive Vice Presid...
Hotel Technologies to Unveil Latest iHome Audio Solutions at IH/M&RS
Hotel Technologies | November 5, 2013
From digital alarm clock radios that simultaneously charge smartphones and tablets to NFC Bluetooth® FM Clock Radios with USB charging, to smart models with voice instructions for setting alarms and units that set the time themselves, Hotel Technologies is designing in-room electronics that stay in tune with guests growing demands RAHWAY, N.J. (NOVEMBER 5, 2013) - Mobile technology has truly evolved in 2013, and so have guest expectations. The demand for hoteliers to provide in-room solutions that enable travelers to charge their old and new platform smartphones and tablet devices is at an all-time high. Hotel Technologies will unveil ...
The 264-suite Declan Suites Opens in San Diego, CA, Converting The Sheraton Suites
November 5, 2013
To Undergo Multi-Million Dollar Transformation Beginning in Spring 2014 SAN DIEGO, Nov. 5, 2013 -- The Declan Suites, formerly The Sheraton Suites, is now open and operating under new management, ushering in a hotel intimately linked to the heart of the city's musical and cultural soul. This independent property offers 264 two-room suites with unrivaled comfort and proximity to the city's most vibrant cultural happenings. Set to undergo a multi-million dollar transformation, The Declan Suites will be revamped for the technology minded and culturally inclined traveler. Referencing technology and music throughout the design concept, the p...
