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News Archive : Oct 2017

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BLLA’s 2017 Stay Boutique Awards Presented to Industry Executives & Innovators

October 23, 2017

Each fall, the boutique community comes together to honor the finest people and projects on their contributions that are disrupting the industry Los Angeles,...

Marriott International Debuts 106-Room Four Points by Sheraton in Tanzania Following Renovation and Rebranding

October 23, 2017

ARUSHA, Tanzania, October 23, 2017 -- Marriott International, Inc. (NASDAQ: MAR) ( today announced the opening of Four Points by Sheraton...

Hilton Garden Inn Tucson Airport Completes Full Renovation Led by General Manager Robb Blythe

October 23, 2017

Tucson, Arizona (October 23, 2017) — The Hilton Garden Inn Tucson Airport has just completed a full renovation, it was announced today by Robb Blythe,...

HMC to Manage 104-Room Holiday Inn Express in Albuquerque, New Mexico

October 23, 2017

Dallas, TX – Leo Spriggs, President and CEO of Hospitality Management Corporation (HMC), is pleased to announce the addition of this 104-room Holiday Inn...

Apple Hospitality REIT Acquires 136-Room Residence Inn by Marriott® Salt Lake City Murray for $25.5 Million

October 23, 2017

RICHMOND, Va.--October 23, 2017--Apple Hospitality REIT, Inc. (NYSE: APLE) (“Apple Hospitality” or the “Company”) today announced that...

Virgin Hotels Plans New 178-Key Virgin Hotels Washington D.C. Union Market Set to Open Fall 2019

October 23, 2017

MIAMI, Oct. 23, 2017 -- Virgin Hotels, the lifestyle hotel brand by Virgin Group founder Sir Richard Branson, has announced plans to open and operate...

Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million

October 23, 2017

Golden Entertainment Expects to Generate Pro Forma 2017 Net Revenue of Approximately $847 Million and EBITDA of Approximately $180 Million Following Addition...

BIM Group in Partnership with IHG to Develop the First Holiday Inn Hotel in Vientiane, Laos

October 23, 2017

InterContinental Hotels Group® (IHG), one of the world’s leading hotel companies, has signed a management agreement with BIM Group to develop the...

Sabre Launches First AI-Powered Business Intelligence Solutions for the Hospitality Industry

October 23, 2017

Combining artificial intelligence, big data, and modern visualizations, SynXis Analytics Cloud offers predictive analytics and pattern recognition to recommend...

Hospitality Financial Leadership - Food Cost and the 80/20 Rule

October 23, 2017

By David Lund We have all heard of the 80/20 rule. But I am willing to bet most of you have not heard it in conjunction with the words "food cost."...

AJ Capital Partners Acquires Providence Biltmore Hotel; Plans Renovation and Conversion

October 23, 2017

Providence, Ri. – AJ Capital Partners announced today it has acquired the Providence Biltmore Hotel in Providence, Rhode Island. The hotel will undergo a...

Serviced Apartments: An Ever-Growing Sector?

October 23, 2017

By Stuart Pallister In the first of two pieces on serviced apartments, we examine the drivers of growth in the extended-stay sector. In the second article, to...

Paul Smart Appointed Executive Chef of Vietnam’s Sofitel Legend Metropole Hanoi

October 23, 2017

HANOI, Vietnam (October 23, 2017) —  Sofitel Legend Metropole Hanoi has named Australian Paul Smart as the hotel’s new executive chef. Prior...

AD1 Global Acquires Three Florida Hotels

October 23, 2017

Hollywood, FL, October 23, 2017 -- It seems hotel companies have been busy acquiring properties lately, focused - not surprisingly - on location. AD1...

Hospitality Funding, Inc. Arranged Funding for the Acquisition of the Comfort Suites Arlington, Texas

October 23, 2017

Arlington, Texas – Hospitality Funding, Inc. arranged funding for the acquisition of the Comfort Suites Arlington, Texas. Waramaug LS Hotels LLC acquired...

Timeshare trade group estimates $5.3B impact on Hawaii’s economy

Andrew Gomes | The Honolulu Star-Advertiser | October 23, 2017

Oct. 23--Timeshare property sales in Hawaii have exceeded $1 billion annually in recent years, and a new report tries to quantify how much employment and...

KSL Capital Partners Launches $25 Million Renovation and Rebranding of Waikiki Beachcomber

Allison Schaefers | The Honolulu Star-Advertiser | October 23, 2017

Oct. 23--Denver-based KSL Capital Partners, which bought Outrigger Hotels and Resorts late last year, is kicking off an aggressive Waikiki reinvestment plan...

INTEREL Appoints Alana Witte as VP Global Key Accounts

October 22, 2017

Dubai, October 2017: INTEREL, a leading provider of Internet of Things (IoT) solutions for the hospitality industry, has appointed Alana Witte as the...

Dan Hotels Corp. to open new Tel Aviv hotel, the LINK Hotel & Hub, aimed at the young crowd

Michal Raz-Chaimovich | Globes, Tel Aviv, Israel | October 22, 2017

Oct. 22--Following the founding of the NYX Hotel in Tel Aviv by Fattal Hotel Management Ltd. and the Publica Hotel, to be launched soon in Herzliya by Isrotel...

Are Disney hotels goofy to let dogs stay in rooms?

Gabrielle Russon | Orlando Sentinel | October 22, 2017

Oct. 22--When Angela Rupp's daughter goes anywhere near dogs, the allergies kick in that turn her eyes as red as a Solo cup. With dogs now allowed at...

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