RockBridge and Concord Hospitality Acquire the 167-room Renaissance Meadowlands Hotel in Rutherford
February 1, 2013
Hotel Online News for the Hospitality Executive RUTHERFORD, N.J., February 11, 2013 — RockBridge Partners, a division of RockBridge, and Concord Hospitality Enterprises, one of the top-ranked hotel developer/owner/operators in North America, today announced the acquisition of the 167-room Renaissance Meadowlands Hotel for an undisclosed amount. Both companies have a history with this asset, with Concord having developed the hotel in 2000 and managed it through two subsequent ownership changes, and RockBridge having provided first mortgage financing for the hotel upon its opening. The hotel will embark on a $5.25 million major reno...
Regent Group Ends Contract with IHG for the 560-room Holiday Inn Resort Regent Cha-am; Property Ren
February 1, 2013
Hotel Online News for the Hospitality Executive By Chadamas Chinmaneevong, Bangkok Post, ThailandMcClatchy-Tribune Regional News Feb. 04, 2013--The Holiday Inn Resort Regent Cha-am has been renamed the Regent Cha-am, ending a five-year management contract with the InterContinental Hotels Group. The Regent Group, owner of the 560-room hotel, decided to end its contract last month and opted to manage the 30-year-old property with its own team. Piyaman Tejapaibul, managing director of the Regent Group, said the overall hotel situation in Phetchaburi's Cha-am district is changing significantly in terms of supply and demand. European touris...
Red Lion Hotels Corporation Sells The Red Lion Inn Missoula in Montana for $1.95 Million; New Owner
February 1, 2013
Hotel Online News for the Hospitality Executive SPOKANE, Wash., Feb. 21, 2013-- Red Lion Hotels Corporation (NYSE: RLH) today announced the company has sold the Red Lion Inn Missoula in Montana for $1.95 million. As part of the sale agreement, the new owners signed a franchise agreement with the company. "We are pleased to keep this hotel in our system and that the new owners are investing in property upgrades," said Jon E. Eliassen , President and Chief Executive Officer of Red Lion Hotels Corporation. "With each of the hotels we have sold in the past year, we have also signed new franchise agreements." The Red Lion Inn & Suites Mi...
Red Lion Inn & Suites in Kent, Washington Officially Converted to Red Lion Brand / February 201
February 1, 2013
Hotel Online News for the Hospitality Executive SPOKANE, Wash., Feb. 5, 2013 -- Red Lion Hotels Corporation (NYSE: RLH) today announced that the Red Lion Inn & Suites Kent in Washington has officially converted to the brand. "This property truly has completed a remarkable transformation," said Ron Burgett, Executive Vice President of Lodging and Brand Development for Red Lion Hotels Corporation. "It has been totally renovated from the guest rooms to the public space. We know our guests will be impressed with this hotel and all it has to offer." The Red Lion Inn & Suites Kent, 25100 74th Avenue South, is located in Kent between ...
USA Resorts and Hotel Group Acquires the Long-Vacant Reagan Hotel & Suites in Dixon, Illinois w
February 1, 2013
Hotel Online News for the Hospitality Executive By Bridget Flynn, Daily Gazette, Sterling, Ill.McClatchy-Tribune Regional News Feb. 19, 2013--DIXON -- A Michigan company has bought Reagan Hotel & Suites and plans to reopen it soon as Magnuson Hotel of Dixon. USA Resorts and Hotel Group, based in Lansing, bought the long-vacant hotel from Community State Bank on Friday, USA Resorts Regional Manager Kerry Wallsworth said. The hotel at 443 state Route 2 has been vacant for 5 years, Wallsworth said. It was listed in June 2011 with Micoley and Co., based in Green Bay, Wis. and was auctioned online several times, but no sales were made k...
TravLynx Endorses RateGain for Competitive Rate Intelligence Solution Integration with InnLink’s CR
February 1, 2013
Hotel Online News for the Hospitality Executive February 4, 2013 - InnLink, LLC customers will have access to one of the most advanced and popular competitive hotel rate intelligence solutions by RateGain - PriceGain. InnLink, LLC has formed a partnership with RateGain, a pioneer in competitive price intelligence solutions. With this new partnership, RateGain's rate intelligence solution – PriceGain is now integrated with InnLink's Central Reservation System (CRS). InnLink's CRS is customized for chains and independent hotels to manage their rates and inventory in an environment that is user friendly and robust enough for the most...
Appointments: eRevMax Expands Market Presence of RateTiger into the Middle East, Africa, Latin Ame
February 1, 2013
Hotel Online News for the Hospitality Executive London, 20 February 2013: eRevMax has recruited additional sales managers worldwide to support the growing demand for RateTiger products in the Middle East, South Africa, Latin America and Thailand while also developing existing marketplaces for greater market penetration. Following a year of significant growth for the company, eRevMax is expanding its consultative sales team to meet the diverse requirements of hotels in each region. This expansion will also support the company's service delivery to its growing base of customers.Hicham Diab will represent RateTiger across the Middle East, ...
Louvre Hotels Group upgrades distribution network using RateTiger enterprise connectivity solution;
February 1, 2013
Hotel Online News for the Hospitality Executive London, 28 February 2013: Louvre Hotel Group has upgraded its centralized distribution strategy to enable its properties worldwide to access onward third party distribution with a fully automated solution with seamless rate updates including reservation delivery. The company, with more than 1100 properties, has selected RateTiger's enterprise connectivity solution to implement two-way connectivity with Louvre's MICROS Opera ORS reservation system for their Premiere Class, Campanile and Kyriad brands. RateTiger will allow Louvre properties to update rates and inventory while retrieving boo...
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