Today's News
A Brief Guide to Managing Your Hotel’s Digital Assets
August 1, 2014
By Vikram SinghOne of the most crucial aspects of running a hotel or a lodging business is asset management. The same efforts and energy should be used when it...
2 Surefire Ways to Improve Your Hotel’s Customer Experience
August 1, 2014
by JC ThompsonAs we travel the country working with clients on their revenue capture and customer experience, the most common question we hear is...
Hotel Development Financing: How to Win the Race for EB-5 Capital
August 1, 2014
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 30 July 2014 A viable source of capital and now...
New Battle Lines Drawn as San Francisco Begins Path to Regulate Airbnb
Carolyn Said | San Francisco Chronicle | August 1, 2014
Aug. 01--New battle lines were drawn on Thursday over a proposed San Francisco law to let people rent their homes or rooms to travelers. The City Planning...
Excessive Outsourcing of the Hotelier’s Role: A Threat to the Trade
August 1, 2014
by Georges PanayotisWe can’t ignore that the current situation for hotel operations is pretty morose. The profitability expected from a well-managed...
Hawaii’s Kahala Hotel Sells to Japanese-based Resorttrust for $300 Million or $887,000 per room
Allison Schaefers | The Honolulu Star-Advertiser | August 1, 2014
Aug. 01--The Kahala Hotel & Resort has been sold to Japanese-based Resorttrust Inc. for $300 million, which equates to $887,000 per room, the next-to-highest...
Oracle Corp. CEO Larry Ellison Now Owns Every Hotel Room on Lanai, HI; Acquires 10-room Hotel Lanai
Erika Engle | The Honolulu Star-Advertiser | August 1, 2014
Aug. 01--Billionaire and Oracle Corp. CEO Larry Ellison now owns every hotel room on Lanai, having closed July 7 on the purchase of the venerable Hotel...
Hilton Worldwide Reports Q2 2014 Net Income of $209 million: RevPAR Increased 6.7%
August 1, 2014
MCLEAN, Va.--Hilton Worldwide Holdings Inc. ("Hilton," "Hilton Worldwide" or the "Company") (NYSE: HLT) today reported its second quarter 2014 results...
Hyatt Reports Q2 2014 Net Income of $72 million: Systemwide RevPAR up 5.5%
August 1, 2014
CHICAGO--Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second quarter 2014 financial results as follows: Adjusted EBITDA...
Host Hotels & Resorts Reports Q2 2014 Net Income of $159 million with RevPAR Rise of 5.1%
August 1, 2014
BETHESDA, Md., July 31, 2014 -- Host Hotels & Resorts, Inc. (NYSE: HST), the nation's largest lodging real estate investment trust ("REIT"),...
Extended Stay America Reports Second Quarter 2014 Net Income of $46.3 million & RevPAR Gain of 9.4%
August 1, 2014
RevPAR Increases 9.4% Adjusted EBITDA Increases 16.0%Re-affirms 2014 Revenue and Adjusted EBITDA GuidanceCHARLOTTE, N.C--Extended Stay America, Inc....
FelCor Reports Q2 2014 Net Income of $14.6 million with RevPAR Gains of 9.2%
August 1, 2014
• Same-store Adjusted EBITDA increased 17% • Raising 2014 Operating OutlookIRVING, Texas--FelCor Lodging Trust Incorporated (NYSE: FCH) reported...
Belmond Ltd. Reports Q2 2014 Adjusted Net Earnings of $8M; RevPar up 6%
August 1, 2014
Second quarter 2014 same store revenue per available room (“RevPAR”) up 6% in U.S. dollars and local currency as compared to second quarter of 2013 Second...
Ames Boston Hotel Awarded ‘Boston’s Best Hotel - 2014’ by Boston Magazine
August 1, 2014
August 1, 2014 - Boston, MA - StepStone Hospitality is proud to announce that the Ames Boston Hotel, one of the company's premiere hotels, has been named...
$1.4 million Renovation Makes Big Splash at Occidental Grand Punta Cana Beach Club
August 1, 2014
August 1, 2014 (SANTO DOMINGO, DR) -Occidental Vacation Club (OVC) has completed the First Phase of a $1.4 million renovation to its Grand Punta Cana Beach...
Educational Institute Offers New Edition of Hospitality Sales and Marketing Textbook
August 1, 2014
Orlando, Florida, July 2014-The American Hotel & Lodging Educational Institute (AHLEI) has published a new edition of Hospitality Sales and Marketing by James...
Hospitality Funding, LLC Facilitates Acquisition of Holiday Inn & Suites Milwaukee Airport
August 1, 2014
PALM BEACH, FLORIDA - Hospitality Funding, LLC has raised both the equity and debt financing for the purchase of the 130-room (32-suite) full-service Holiday...
AAHOA Condemns the Action of the NLRB
August 1, 2014
ATLANTA, August 1, 2014 - The Asian American Hotel Owners Association (AAHOA) strongly condemns the recent action taken by the General Counsel of the National...
Hotelier Saul Tamen, Who Brought Kitchens to South Beach Hotels, Dies at 105
Howard Cohen | The Miami Herald | August 1, 2014
Aug. 01--Saul Tamen was a brilliant hotelier. Sure, Miami Beach had the ocean. Flamingo Park. Top-name entertainers like Frank Sinatra and Jackie Gleason...
LEED Certified Hotels Obtain Superior Financial Performance According to New Cornell Study
August 1, 2014
Ithaca, NY, August 1, 2014 - A new study from Cornell University has found that hotels gain a revenue benefit when they are certified under the LEED...
Construction to Begin for 88-room Radisson Hotel Santa Marta in Colombia
August 1, 2014
MINNEAPOLIS (August 1, 2014) - Radisson®, one of the best-recognized hotel brands, today announced the signing of the Radisson Hotel Santa Marta in...
Hilton Signs the 237-room DoubleTree by Hilton Cairns Opening in Australia in October 2014
August 1, 2014
August 1, 2014 - SYDNEY - Hilton Worldwide today announced the signing of the 237 room DoubleTree by Hilton Cairns. Located at 121 The Esplanade, DoubleTree by...
Completing a $25M Transformation, the 172-key Le Méridien Chicago - Oakbrook Center Opens
August 1, 2014
CHICAGO - August 1, 2014 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the opening of Le Méridien Chicago - Oakbrook Center, a...
Managed by BMI Hospitality, The 122-room Hampton Inn Seattle/Everett Opens in Washington
August 1, 2014
August 1, 2014 - EVERETT, Wash. and MCLEAN, Va. - Hampton Hotels, Hilton Worldwide's global brand of more than 1,900 mid-priced Hampton Inn, Hampton Inn &...
A Brand Debut in Canada, the 127-suite Home2 Suites by Hilton West Edmonton Opens in Alberta
August 1, 2014
Owned and Managed by SilverBirch Hotels & Resorts EDMONTON, Alberta, and MCLEAN, Va. - August 1, 2014 - Home2 Suites by Hilton, Hilton Worldwide's...
The 290-room Courtyard by Marriott Bali Seminyak Opens in Indonesia
August 1, 2014
[Bali, Indonesia] - August 1st, 2014 - Marriott International, Inc. announces the opening of the second Courtyard branded property in the Island of the Gods,...
The Newly Built 79-key Home2 Suites by Hilton Pittsburgh Cranberry Opens in Pennsylvania
August 1, 2014
PITTSBURGH and McLean, Va. - August 1, 2014 - Home2 Suites by Hilton, Hilton Worldwide's award-winning mid-tier, all-suite hotel brand designed for...
$30 Million Renovation Complete, the Riu Cancun to Re-Open in Mexico
August 1, 2014
Palma de Mallorca, August 1st, 2014 - Tomorrow RIU Hotels & Resorts will open the Riu Cancun hotel which has been closed for the last months as it was...
Florida’s 442-key Grand Hyatt Tampa Bay Completes Final Phase of its $20 Million Renovation
August 1, 2014
TAMPA, Florida (August 1, 2014) - Following the completion of a $16 million rooms renovation in late 2012, Grand Hyatt Tampa Bay is proud to debut the highly...
Destination Hotels Adds 325-key Scottsdale Resort & Conference Center to Management Portfolio
August 1, 2014
Phased Renovations to Occur in 2015Englewood, Colo. - August 1, 2014 - Destination Hotels & Resorts announces the addition of the Scottsdale Resort and...
Disney World Executive, Tom Wolber, Moving to Disneyland Paris, Named President of Euro Disney
Sandra Pedicini | Orlando Sentinel | August 1, 2014
Aug. 01--Tom Wolber, senior vice president of Walt Disney World Resort and Transportation Operations, has been named president of Euro Disney S.A.S., the...
Budgetel Brand Plans New Management Team and Infrastructure to Work Toward Expansion
August 1, 2014
August 1, 2014 - The Budgetel hotel brand is being enhanced and expanded by Budgetel Lodging, the Atlanta-based investor group that has owned the name since...
Allentown, PA Developers Name Scott Bullock as GM & Release Renderings for $65M 170-key Renaissance
Matt Assad | The Morning Call (Allentown, Pa.) | August 1, 2014
July 31--With its Dime Bank entrance, industrial look and locally inspired artwork, the new Renaissance Hotel is designed to be uniquely Allentown. But...
LodgeWorks Names Bob Mannon Vice President of Development
August 1, 2014
New York, NY - August 1, 2014 - LodgeWorks Partners, L.P. has named Bob Mannon Vice President of Development. The privately held hotel development and...
White Lodging Names New GMS in Q2 2014; Kristie Fererra, David Meisner, Josh Brandon & Moby Ahmed
August 1, 2014
MERRILLVILLE, Ind., Aug. 1, 2014 -- White Lodging is pleased to announce the following individuals have been named general managers last quarter across the...
Featured Videos
Press Release Slideshow
