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News Archive : Feb 2015

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Downtown Peoria, IL Hotel, Four Points by Sheraton, Remains Closed While Caught Up in a Legal Battle

Matt Buedel | Journal Star, Peoria, Ill. | February 28, 2015

Feb. 28--PEORIA -- The former owner of a Peoria hotel has been implicated in a massive fraud that places roughly one third of the Downtown hotel room stock in...

Hugely Popular, More “Lifestyle” Hotel Brands Coming to South Florida

Arlene Satchell | Sun Sentinel | February 28, 2015

Feb. 28--"Lifestyle" hotel brands are spreading in South Florida, lured by the area's robust tourism and business sectors. Among the new concepts debuting...

ResortCom International’s Chairman John Small Steps Down

February 27, 2015

LAS VEGAS – (February 27, 2015)   After 16 years at the helm of ResortCom International, Chairman John Small has stepped down to pursue other projects....

Hilton Worldwide Honors Twelve Team Members with the 2014 CEO Light & Warmth Award

February 27, 2015

February 27, 2015 - MCLEAN, Va. - Hilton Worldwide today announced that 12 Team Members at owned, managed and franchise properties have received the 2014 CEO...

Carey Watermark Investors 2 Inc. Plans to Acquire up to $1.4 billion in Lodging & Related Properties

February 27, 2015

NEW YORK, Feb. 26, 2015  -- Carey Watermark Investors 2 Incorporated ("CWI 2") announced today that its registration statement has been declared...

Fourth Quarter 2014 Financial Reports Summary: Belmond, HPT, and Ashford Trust

February 27, 2015

Belmond Ltd. Reports Fourth Quarter and Full Year 2014 Results  Fourth Quarter 2014 Highlights Same store revenue per available room (“RevPAR”) of...

New travelhorizons™ Survey Reveals Continued Positive Outlook for U.S. Travel Industry

February 27, 2015

travelhorizons™ Survey Reveals Significant Rise in Leisure and Business TravelIntentions and Current Interest in Visiting Cuba  ORLANDO, Fla. (Feb. 27,...

Oracle MICROS Strengthens Partnership with SiteMinder to Enhance Distribution Offering for Hotels

February 27, 2015

27 February 2015 London, UK - Two of the world's leading providers of hotel technology solutions, Oracle MICROS and SiteMinder, have today announced an...

Expotel Hospitality Services Names Danielle DeGeorge VP of Sales and Marketing

February 27, 2015

New Orleans, LA -- New Orleans-based hotel owner/management company Expotel Hospitality Services, LLC, has announced the appointment of hospitality marketing...

Chandra Hospitality Opens the 81-room Hampton Inn & Suites Blythe in California

February 27, 2015

February 27, 2015 - BLYTHE, Calif. and MCLEAN, Va. - Hampton Hotels, Hilton Worldwide's global brand of more than 2,000 mid-priced Hampton Inn, Hampton Inn &...

Starwood Capital Group and Melia Create Joint Venture to Acquire Portfolio of Spanish Resorts

February 27, 2015

Initial Portfolio Consists of Seven Beachfront Hotels Representing 2,933 Keys GREENWICH, Conn. and MALLORCA, Spain, Feb. 27, 2015 -- Starwood Capital Group, a...

Centara Hotels Signs Third Property in Vietnam; Centara Beach Resort & Spa Phu Quoc to Open Q3 2015

February 27, 2015

      Thirayuth Chirathivat (4th left) Chief Executive Officer of Centara Hotels & Resorts and Mr. Trinh Quang Hung (5th right), The...

China’s Hilton Dalian and Conrad Dalian Appoint Michael Schmitt as Cluster General Manager

February 27, 2015

DALIAN, China – January 30, 2015 – Hilton Dalian and Conrad Dalian has announced the appointment of Michael Schmitt as Cluster General Manager. Mr. Schmitt...

Hotel Loans Out Front of Drop in CMBS Delinquency

| Mortgage Daily | February 27, 2015

Feb. 27--The rate of late payments on commercial real estate loans that are part of securitizations was lower, and the lodging sector led the improvement. A...

50-Room Hotel Planned In Lancaster, PA

Chad Umble | LNP, Lancaster, Pa. | February 27, 2015

Feb. 27--A hotel with 50 or more rooms is planned for downtown Lancaster in the three-story building that now houses Teachers Protective Mutual Life Insurance...

Four Buffalo, NY Investors Teaming Up to Build an 80-room Hotel at Batavia Downs Racetrack & Casino

Jonathan D. Epstein | The Buffalo News, N.Y. | February 27, 2015

Feb. 27--A group of four Buffalo investors are planning to build a new hotel adjacent to the Batavia Downs racetrack and casino, after the board of Western...

2014 tourist tally: 14.5 million in Miami-Dade

Hannah Sampson | The Miami Herald | February 27, 2015

Feb. 27--Despite faltering economies in key Latin American source markets, Miami-Dade welcomed more tourists in 2014 than ever before. Compared to the...

Net Neutrality: What’s Next After the FCC’s Landmark Vote?

Jim Puzzanghera | Los Angeles Times | February 27, 2015

Feb. 27--REPORTING FROM WASHINGTON -- In approving strong net neutrality regulations, the Federal Communications Commission fulfilled a decadelong desire by...

Oakland: Lake Merritt hotel among proposals for reopening Henry J. Kaiser Convention Center

Matthew Artz | Contra Costa Times | February 27, 2015

Feb. 27--OAKLAND -- Two proposals to reopen the century old Henry J. Kaiser Convention Center, one of which includes an adjoining high-rise hotel along the...

Marion County Florida Hotel Business Increases in two-year period

Richard Anguiano | Ocala Star-Banner, Fla. | February 27, 2015

Feb. 27--Tourism had an impact on Marion County's economy of just under $800 million in 2014 and increased hotel occupancy and revenues between 2012 and 2014,...

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