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News Archive : Dec 2017

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John Portman, Noted Architect and Developer Whose Atrium Hotels Brought Sparkle to Cities, Dies at 93

Blair Kamin | Chicago Tribune | December 31, 2017

Dec. 31--John Portman, the Atlanta architect and developer whose hotels introduced soaring atriums into the fabric of American life and helped revitalize...

Thumbs up for Flagler tourism efforts

Aaron London | The News-Journal, Daytona Beach, Fla. | December 31, 2017

Dec. 31--PALM COAST -- Sandwiched between two massive hurricanes in less than a year, Flagler County's tourism development efforts still paid off with...

Marchionda steps down as manager of hotel company connected to the downtown DoubleTree project

Kalea Hall | Vindicator, Youngstown, Ohio | December 30, 2017

Dec. 30--YOUNGSTOWN -- Concern from others about his indictment led Dominic Marchionda to voluntarily resign as manager of the company connected to the...

Ayala Group plans 8 new Seda brand hotels by 2019

Angelica Ballesteros | The Manila Times, Philippines | December 30, 2017

Dec. 30--AYALA Land Hotels and Resorts Corp. is planning to build eight more hotels under the Seda brand in the next two years in line with its target to...

Owned by S&H Hospitality Realty and Managed by Liberty Hotel Group, Fairfield Inn & Suites Opens in Walpole, Massachusetts

December 29, 2017

The 108-room Fairfield Inn & Suites by Marriott in Walpole, Massachusetts opened this month with a modern décor providing guests with a feeling of...

Hawaii’s visitor arrivals to break 9 million mark for year

Andrew Gomes | The Honolulu Star-Advertiser | December 29, 2017

Dec. 29--It's taken four years of modest growth, but Hawaii's tourism industry is about to cross the latest million mark. With just three days left...

In Hastings, a hotel and restaurant eyed for century-old riverside factory

Nick Ferraro | Pioneer Press, St. Paul, Minn. | December 29, 2017

Dec. 29--The last remaining industrial building in downtown Hastings could soon be turned into a riverside hotel and banquet facility. A 67-room hotel, 22...

Memphis nears launch of $175M revamp of Cook Convention Center

Ryan Poe | The Commercial Appeal, Memphis, Tenn. | December 29, 2017

Dec. 29--Memphis will next year launch a long-anticipated, $175 million expansion and renovation of the Cook Convention Center in Downtown, Mayor Jim...

The Dominick Hotel Debuts in New York City Following Rebranding from Trump SoHo New York

December 28, 2017

(NEW YORK, NY – Dec. 28, 2017)  Unparalleled modern luxury continues in downtown Manhattan as The Dominick, located at 246 Spring Street, debuts...

Carlson Rezidor Hotel Group and Balwa Group Open Radisson Mumbai Goregaon in India

December 28, 2017

Mumbai, India (December 28, 2017) – Radisson Mumbai Goregaon opens its doors to the financial capital of the country, Mumbai. Situated in the main...

Best Western Hotels & Resorts Signs with Blue Mango Hotels for Best Western Plus Central and Best Western Pearl Opening in 2018

December 28, 2017

New Delhi (December 28, 2017) – Best Western Hotels & Resorts, one of the world’s leading hotel companies, continues its rapid expansion in...

Home2 Suites by Hilton Stow Akron Opens in Ohio Led by General Manager Kassie Shaffer

December 28, 2017

STOW, Ohio - Home2 Suites by Hilton part of Hilton's (NYSE: HLT) All Suites portfolio, announced today its newest property, Home2 Suites by Hilton...

HEBS Digital’s Sister Company, Serenata IntraWare, Voted World’s Leading Hotel CRM Technology Provider by the World Travel Awards 2017

December 28, 2017

Summary: HEBS Digital’s sister company, Serenata IntraWare, has been voted the World’s Leading Hotel CRM Technology Provider by the World Travel...

In Hotel Valuation, Being Different Helps …

December 28, 2017

‘Cookie-cutter’ hotels are easy to build and operate profitably, but properties with unusual features often attract a premium on resale. For...

AccorHotels Working to Sell Part of AccorInvest’s Share Capital

December 28, 2017

Following the creation of AccorInvest as a separate legal entity gathering its real estate activities, AccorHotels has been negotiating with a group of French...

Revetas Capital and Cerberus Capital Management Acquire Bucharest Hotel Portfolio

December 28, 2017

LONDON and NEW YORK, Dec. 28, 2017 -- Revetas Capital Advisors LLP ("Revetas") and Cerberus Capital Management, L.P. and its affiliates...

Nobody Asked Me, But… No. 189; Hotel History: The Boar’s Head

December 28, 2017

By Stanley Turkel, CMHS The Boar’s Head (1834), Charlottesville, Virginia (175 rooms) On August 13, 2017, the New York Times wrote in “A Guide to...

NewcrestImage Opens New AC Hotel in Oklahoma City Using Modular Construction

December 28, 2017

NewcrestImage has opened an AC Hotel in the historic Bricktown neighborhood of Oklahoma City that becomes the company’s first property using modular...

Alko Hotels Set to Open 81-Room Fairfield Inn & Suites by Marriott in Eugene, Oregon

December 28, 2017

The 81-room Fairfield Inn & Suites by Marriott in Eugene, Oregon is scheduled to open on Friday, December 29, 2017 with its smart, inventive public space...

China - Hotel Asset Management in Numbers

December 28, 2017

By Daniel J Voellm  ABSTRACT A period of irrational hotel development drive by ulterior motives has seen properties being built that are not economical...

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