Today's News

Ascott Reit Acquires 411-key Element New York Times Square West for $163.5 Million

Ascott Reit Acquires 411-key Element New York Times Square West for $163.5 Million

July 2, 2015

Singapore, 2 July 2015 – Ascott Residence Trust (Ascott Reit) is expanding its footprint to the United States of America (U.S.) by acquiring the 411-key...

Houston Hotel Outlook Positive, but Oil Downturn Tests Demand

Houston Hotel Outlook Positive, but Oil Downturn Tests Demand

Nancy Sarnoff | Houston Chronicle | July 2, 2015

July 02--The collapse in oil prices is putting a slight damper on the local hotel market at a time when the supply of new properties is ramping up, but...

$100 million High-Rise Marriott Hotel Proposed for Irvine Spectrum

$100 million High-Rise Marriott Hotel Proposed for Irvine Spectrum

Sarah de Crescenzo | The Orange County Register | July 2, 2015

July 02--Less than a year after opening an eight-story, 210-room hotel by the Irvine Spectrum, R.D. Olson Development has proposed building another hotel next...

MGM Resorts Ready to Bet on Atlanta Casino Resort

MGM Resorts Ready to Bet on Atlanta Casino Resort

Daniel Funke, Matthew Bain, Greg Bluestein and J. Scott Trubey | The Atlanta Journal-Constitution | July 2, 2015

July 02--Casino and entertainment giant MGM Resorts International is pitching a $1 billion gambling complex for downtown Atlanta that backers say would funnel...

New Caesars CEO, Mark Frissora Takes the Helm, Replacing Gary Loveman

New Caesars CEO, Mark Frissora Takes the Helm, Replacing Gary Loveman

J.D. Morris | Las Vegas Sun | July 2, 2015

July 01--Casino giant Caesars Entertainment has a new chief executive starting today. Mark Frissora, who formerly led the rental car company Hertz, has...

Safe Tourism is an Obligation

Safe Tourism is an Obligation

July 2, 2015

by Georges Panayotis What could be better than tourism as a symbol to attack when you want to draw attention? Terrorists of all ilks have long understood this...

Ashford Trust Completes Acquisition Of W Atlanta Downtown Hotel For $56.8 Million

Ashford Trust Completes Acquisition Of W Atlanta Downtown Hotel For $56.8 Million

July 2, 2015

Acquisition Highlights:Purchase price represents an estimated forward 12-month cap rate of 7.2% and an estimated forward 12-month EBITDA multiple of 11.6x...

Ultima Hospitality Finalizes Purchase of DoubleTree by Hilton in Westborough, Massachusetts

Ultima Hospitality Finalizes Purchase of DoubleTree by Hilton in Westborough, Massachusetts

July 2, 2015

Fourth Boston area owned and managed hotel for Ultima HospitalityCHICAGO (July 2, 2015) - Ultima Hospitality, an industry-leading investment and hotel...

Sea Shells Beach Club Once Again Earns TripAdvisor Certificate of Excellence

Sea Shells Beach Club Once Again Earns TripAdvisor Certificate of Excellence

July 2, 2015

July 2, 2015 - Daytona Beach, FL - Sea Shells Beach Club in Daytona Beach, Florida, once again has been honored by TripAdvisor® as a top-rated lodging...

The Plasencia Group Advises on Sale of the DoubleTree Denver-Westminster Hotel

The Plasencia Group Advises on Sale of the DoubleTree Denver-Westminster Hotel

July 2, 2015

Tampa, Fla.  (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the DoubleTree by Hilton Denver-Westminster hotel, located in...

The Plasencia Group Closes Sale of the Embassy Suites Chicago - Schaumburg/Woodfield Hotel

The Plasencia Group Closes Sale of the Embassy Suites Chicago - Schaumburg/Woodfield Hotel

July 2, 2015

Tampa, Fla.  (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the Embassy Suites Chicago - Schaumburg/Woodfield hotel, located in...

Cornell Offers Sustainability Measurement Tool

Cornell Offers Sustainability Measurement Tool

July 2, 2015

Ithaca, NY, July 2, 2015 - The hotel industry will be able to compare ranges of energy and water use, as well as carbon footprint, using a new tool from the...

U.S. Travel Alarmed by Airfare Collusion Allegation

U.S. Travel Alarmed by Airfare Collusion Allegation

July 2, 2015

WASHINGTON (July 2, 2015)—U.S. Travel Association President and CEO Roger Dow issued the following statement reacting to reports that the U.S. government is...

RHLC Debuts in Texas with Signing of Two Red Lion Inn & Suites Franchise License Agreements

RHLC Debuts in Texas with Signing of Two Red Lion Inn & Suites Franchise License Agreements

July 2, 2015

Spokane, Wash., July 2, 2015 – RLHC (Red Lion Hotels Corporation, NYSE: RLH) today announced the company has signed franchise license agreements with two...

New 93-suite Home2 Suites by Hilton Opens in San Angelo, Texas

New 93-suite Home2 Suites by Hilton Opens in San Angelo, Texas

July 2, 2015

SAN ANGELO, Texas and MCLEAN, Va. - Home2 Suites by Hilton, Hilton Worldwide's (NYSE: HLT) award-winning mid-tier, all-suite hotel brand designed for...

DoubleTree by Hilton Cleveland – Westlake Opens Following Multi-Million Dollar Renovation

DoubleTree by Hilton Cleveland – Westlake Opens Following Multi-Million Dollar Renovation

July 2, 2015

CLEVELAND & MCLEAN, Va.--July 2, 2015--Hilton Worldwide and DoubleTree by Hilton today announced the opening of DoubleTree by Hilton Cleveland – Westlake,...

San Francisco’s Stanford Court Appoints Ruben Barahona as Director of Sales and Marketing

San Francisco’s Stanford Court Appoints Ruben Barahona as Director of Sales and Marketing

July 2, 2015

SAN FRANCISCO (July 2, 2015) – Stanford Court, San Francisco’s modern 393-room hotel poised atop famed Nob Hill, today announced the appointment of Ruben...

Cape Rey Carlsbad Welcomes Clifton Carmody as Director of Food and Beverage Operations

Cape Rey Carlsbad Welcomes Clifton Carmody as Director of Food and Beverage Operations

July 2, 2015

Carlsbad, Calif. -July 2, 2015- The newly rebranded Cape Rey Carlsbad, a Hilton Resort, has hired Clifton Carmody as director of food and beverage operations....

Gonzalo Rivera Appointed Executive Chef At Boca Beach Club, a Waldorf Astoria Resort

Gonzalo Rivera Appointed Executive Chef At Boca Beach Club, a Waldorf Astoria Resort

July 2, 2015

Boca Raton, Fla. – July 2, 2015 – Gonzalo Rivera has been appointed as executive chef at Boca Beach Club, a Waldorf Astoria Resort in South Florida,...

Castle Hill Inn Promotes New Executive Chef Lou Rossi

Castle Hill Inn Promotes New Executive Chef Lou Rossi

July 2, 2015

NEWPORT, RHODE ISLAND (July 2, 2015) –  Castle Hill Inn, the iconic Relais & Chateaux property in Newport, RI announces the promotion of Lou Rossi to...

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