Starwood Hotels & Resorts Expansion in China Continueswith Planned Openings of 20 Hotels in 20
June 1, 2013
Hotel Online News for the Hospitality Executive Starwood Hotels & Resorts Expansion in China Continues with Planned Openings of 20 Hotels in 2013 BEIJING--Jun. 4, 2013-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) said today the company will open 20 new hotels in China in 2013. Having doubled its footprint here in the last three years, Starwood has 120 hotels open and more than 100 in the pipeline, making China the company's second largest hotel market behind only the United States, and its fastest growing. Starwood President and CEO Frits van Paasschen who is in China this week participating in the Fortune Global Forum...
Rick Rogovin Joins The Dow Hotel Company as Vice President ofHotel Investments / June 2013
June 1, 2013
Hotel Online News for the Hospitality Executive Rick Rogovin Joins The Dow Hotel Company as Vice President of Hotel Investments SEATTLE, June 4, 2013—The Dow Hotel Company, LLC (DHC) , a hotel ownership, investment and management company, today announced that Rick Rogovin, an executive with more than 25 years of institutional hotel investment experience, has rejoined the company as vice president of hotel investments. In the newly created position, Rogovin will oversee outreach efforts to institutional investors, limited partnerships, individual investors, brokers and others to form strategic alliances, negotiate partnerships and ...
South Street Partners Acquires Kiawah Partners, Developers ofthe Carolina’s Kiawah Island; Charles
June 1, 2013
Hotel Online News for the Hospitality Executive South Street Partners Acquires Kiawah Partners, Developers of the Carolina's Kiawah Island By Eric Frazier, The Charlotte Observer McClatchy-Tribune Regional News June 03, 2013--A Charlotte real estate investment firm has bought out the longtime developer of Kiawah Island, giving it control of future development in one of the Carolinas' premier luxury resort destinations. South Street Partners, a boutique investment and management firm based in Charlotte's Dilworth neighborhood, on Monday acquired Kiawah Partners, the Charleston-based firm that has spent the past 25 years as K...
IHG Opens the 290-room Holiday Inn Riyadh Meydan in SaudiArabia / June 2013
June 1, 2013
Hotel Online News for the Hospitality Executive IHG Opens the 290-room Holiday Inn Riyadh Meydan in Saudi Arabia Riyadh, Saudi Arabia, 4 June 2013: IHG (InterContinental Hotels Group), the largest international hotel group in Saudi Arabia both by number of rooms and number of hotels, today announces the opening of Holiday Inn Riyadh Meydan in downtown Riyadh. The eight storey hotel is located close to the vibrant business district, Olaya, within easy reach of the iconic Al Faisaliyah and Kingdom Tower and linked to the city and King Khalid International Airport by major roads. Holiday Inn Riyadh Meydan delivers comfort and relaxation an...
AH&LA Commends White House on Patent Troll Reforms / June2013
June 1, 2013
Hotel Online News for the Hospitality Executive AH&LA Commends White House on Patent Troll Reforms Washington, D.C. – June 4, 2013 – The American Hotel & Lodging Association (AH&LA) issues the following statement in response to today's White House announcement of new executive actions and legislative recommendations designed to rein in patent trolls and improve incentives for future innovation in high-tech patents: "Many consumers, businesses, and other end users across the country, especially in the lodging industry, have been unfairly subjected to infringement suits by the holders of patents – so-called '...
Educational Institute’s India Vice President Retires After Nearly 20 Years / June 2013
June 1, 2013
Hotel Online News for the Hospitality Executive Educational Institute's India Vice President Retires After Nearly 20 Years Orlando, Florida, June 2013—The American Hotel & Lodging Educational Institute has announced that K.V. Simon, EI's vice president for India since 1994, has retired as of May 2013. He is known and respected throughout India for his enthusiasm and commitment to hospitality education and professional development. During his 19 years with the Educational Institute, he made EI and its capabilities known throughout the hospitality industry there "K.V. Simon has been the face of the Educational Institute for ...
Host Hotels & Resorts Acquires the 426-room Hyatt PlaceWaikiki Beach in Honolulu, Hawaii for $
June 1, 2013
Hotel Online News for the Hospitality Executive Host Hotels & Resorts Acquires the 426-room Hyatt Place Waikiki Beach in Honolulu, Hawaii for $138.5 million BETHESDA, Md., June 3, 2013-- Host Hotels & Resorts, Inc. (NYSE:HST) announced today that the Company acquired the fee-simple interest in the 426-room Hyatt Place Waikiki Beach in Honolulu, Hawaii for $138.5 million from an affiliate of Chartres Lodging Group, LLC and Morgan Stanley Real Estate Fund VII Global. Kokua Hospitality will continue to manage the hotel subject to a franchise agreement with Hyatt. The hotel underwent a $45 million renovation and converted to a Hyatt...
SAI Now Offering Guestroom Controls with Acquisition ofScientific Control Systems; As a former dis
June 1, 2013
Hotel Online News for the Hospitality Executive SAI Now Offering Guestroom Controls with Acquisition of Scientific Control Systems Bowling Green, Ohio — June 3, 2013 —Systems Associates Inc., a provider of building automation systems for energy management and hotel maintenance, announces the acquisition of Scientific Control Systems. As a distributor of SAI's CONTROLIQ energy-management solution and owner of the Scientific Atlanta hotel property-management system interface, this acquisition is positioning SAI to serve as a comprehensive resource for building automation. "We are always looking at opportunities to exp...
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