Today's News

Anbang Said to Have Plans to Close New York’s Waldorf Astoria for Three Years, Converting Most of its 1,400 Rooms to Condos

Anbang Said to Have Plans to Close New York’s Waldorf Astoria for Three Years, Converting Most of its 1,400 Rooms to Condos

June 27, 2016

New York’s landmark Waldorf Astoria hotel is scheduled to close in spring 2017 so owner Anbang Insurance Group Co. can begin converting most of the more...

The Rise of Commercial Operators on Airbnb – Deep Dive on City Data

The Rise of Commercial Operators on Airbnb – Deep Dive on City Data

June 27, 2016

The hotel and lodging industry thrives on a level and legal playing field and welcomes competition from the “sharing” economy. Competition...

Marriott Receives Antitrust Clearance from the European Union to Acquire Starwood

Marriott Receives Antitrust Clearance from the European Union to Acquire Starwood

June 27, 2016

Marriott International, Inc. (NASDAQ: MAR) and Starwood Hotels and Resorts Worldwide (NYSE: HOT) today announced they have received unconditional clearance...

What the Brexit Vote Means for You: 8 Key Questions

What the Brexit Vote Means for You: 8 Key Questions

Gail MarksJarvis | Chicago Tribune | June 27, 2016

June 25--Hold onto your hats. The Dow Jones Industrial Average closed down 611 points Friday on a volatile day as investors worried about what the exit of...

International Hotel Brands Like Miami Better than New York for First U.S. Sites

International Hotel Brands Like Miami Better than New York for First U.S. Sites

Chabeli Herrera | The Miami Herald | June 27, 2016

June 24--To the eyes of hoteliers around the world, Miami has grown up to be the attractive, well-positioned global city they hoped it would be. With all the...

The Deceptive Diversity of Houston Beyond Oil

The Deceptive Diversity of Houston Beyond Oil

Lydia DePillis | Houston Chronicle | June 27, 2016

June 26--Sue Burnett is like a weather vane: Whichever way the economic winds blow, she turns with them. For four decades, her staffing agency has been a...

AAA Projects Americans Will Take More Trips than Ever This Independence Day Weekend

AAA Projects Americans Will Take More Trips than Ever This Independence Day Weekend

June 27, 2016

ORLANDO, Fla., June 27, 2016 -- AAA projects nearly 43 million Americans will travel this Independence Day weekend. This represents the highest fourth of...

Duetto to Provide Revenue Strategy Solutions for Posadas

Duetto to Provide Revenue Strategy Solutions for Posadas

June 27, 2016

Duetto Brings Open Pricing to Mexico’s Biggest Hotel Operator, Adding More than 145 Hotels as it Continues to Expand in Latin America New York, June 27,...

Making the Most of a First Impression

Making the Most of a First Impression

June 27, 2016

By John Smallwood If you have 60 seconds, I have 300 words that might help at the NOI line. We’ve all heard the expression that “you never get a...

Billionaire Phil Ruffin Bids $20 million for Hyatt Regency Wichita

Billionaire Phil Ruffin Bids $20 million for Hyatt Regency Wichita

Bryan Horwath | The Wichita Eagle | June 27, 2016

June 24--Phil Ruffin has submitted a bid to purchase the Hyatt Regency Wichita downtown and is confident he will soon own the property. Ruffin, the...

Let Young People’s Ideas in Tourism Research and Marketing Grow

Let Young People’s Ideas in Tourism Research and Marketing Grow

June 27, 2016

Bronwyn White of MyTravelResearch.com reflects on the Travel and Tourism Research Association Annual International Conference that concluded in Vail, Colorado...

The Cordish Companies Reveal Plans for New $200 Million LIVE! HOTEL at Maryland Live! Casino

The Cordish Companies Reveal Plans for New $200 Million LIVE! HOTEL at Maryland Live! Casino

June 27, 2016

HANOVER, Md., June 27, 2016-- The Cordish Companies today shared plans for a significant expansion to its Maryland Live! Casino property, located in...

San Diego’s Marriott Marquis Doubles Down on Convention Business

San Diego’s Marriott Marquis Doubles Down on Convention Business

Lori Weisberg | The San Diego Union-Tribune | June 27, 2016

June 25--When the Marriott Marquis unveils this week a $107 million expansion of its convention venue, the project's curved glass facade, sprawling...

With New Hilton West Palm Beach Opening, Convention Center Sees Surge in Bookings

With New Hilton West Palm Beach Opening, Convention Center Sees Surge in Bookings

Jennifer Sorentrue | The Palm Beach Post, Fla. | June 27, 2016

June 24--WEST PALM BEACH -- Event bookings at the once fledgling Palm Beach County Convention Center have catapulted to record-breaking levels since the...

Choice Signs with SpringBridge Development and Raines Hospitality for New Cambria hotels & suites in North Charleston, SC

Choice Signs with SpringBridge Development and Raines Hospitality for New Cambria hotels & suites in North Charleston, SC

June 27, 2016

ROCKVILLE, Md., June 27, 2016 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, announced it has signed an...

Rush Creek Lodge Opens at Gateway to Yosemite Marking First New Resort in More than 25 Years

Rush Creek Lodge Opens at Gateway to Yosemite Marking First New Resort in More than 25 Years

June 27, 2016

SAN FRANCISCO, CA--(Jun 27, 2016) - The much-anticipated Rush Creek Lodge officially opens today, welcoming guests to the first new resort in the Yosemite...

Janus Hotels & Resorts Set to Open 121-Suite SpringHill Suites by Marriott in Independence, Ohio

Janus Hotels & Resorts Set to Open 121-Suite SpringHill Suites by Marriott in Independence, Ohio

June 27, 2016

Independence, OH – June 27, 2016 – The 121-suite SpringHill Suites by Marriott in Independence, Ohio is scheduled to open today. Located at 6060...

Owned by Yango Group Co., Hilton Garden Inn Xi’An/Hi-Tech Zone Opens in China

Owned by Yango Group Co., Hilton Garden Inn Xi’An/Hi-Tech Zone Opens in China

June 27, 2016

XI'AN, China and MCLEAN, Virginia, June 27, 2016-- Hilton Garden Inn, Hilton Worldwide's (NYSE: HLT) upscale global hotel brand, today announced the...

Homewood Suites by Hilton Indianapolis-Carmel in Indiana Following Renovation and Conversion

Homewood Suites by Hilton Indianapolis-Carmel in Indiana Following Renovation and Conversion

June 27, 2016

CARMEL, Ind. and MCLEAN, Va. - Homewood Suites by Hilton, part of Hilton Worldwide's (NYSE: HLT) industry-first All Suites portfolio, announced...

Hotel Director Teresa Alfonso Returns to Royal Hideaway Playacar

Hotel Director Teresa Alfonso Returns to Royal Hideaway Playacar

June 27, 2016

Royal Hideaway Playacar is pleased to announce the return of Teresa Alfonso to the position of Hotel Director. Mrs. Alfonso led operations from the...

Margaritaville Welcomes Carlo Sernaglia as New Concept Chef To Its Executive Team

Margaritaville Welcomes Carlo Sernaglia as New Concept Chef To Its Executive Team

June 27, 2016

Orlando, Fla. – June 27, 2016 – Margaritaville Holdings LLC, today announced Carlo Sernaglia has been hired as concept chef. Effective immediately,...

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