New Property Manager and General Manager for 130-Room Candlewood Suites Rogers/Bentonville, Arkansa
December 1, 2012
Hotel Online News for the Hospitality Executive New Property Manager and General Manager for 130-Room Candlewood Suites Rogers/Bentonville, Arkansas Hotel-Online and BuildCentral Have Updated 212 Hotels in the Last Two Weeks with Changes in Personnel, Property Management or Ownership Chicago, IL. December 10, 2012 - Hotel-Online and BuildCentral have reported 212 changes in personnel, property management and ownership in the Hotel Profiles database over the last two weeks. Many hotels are getting a fresh start with a new Owner, Property Manager or General Manager. Recommend your product or service to someone who might be looking for a c...
Auberge Resorts Completes Extensive Renovation and Re-Opens the 93-room Hotel Jerome in Aspen, Colo
December 1, 2012
Hotel Online News for the Hospitality Executive MILL VALLEY, Calif., Dec. 20, 2012 -- Auberge Resorts has unveiled a comprehensive, four-and-a-half-month revitalization of the newest hotel in its portfolio, Aspen's iconic Hotel Jerome. The first ski resort in the Auberge collection of distinctive properties, the Jerome has reopened in time for the winter holiday and ski season with a new restaurant, a new Living Room lobby lounge concept, and an Auberge Spa, in addition to completely revamped guest rooms. "The re-envisioned Hotel Jerome is a perfect balance of preservation and luxury; while its beloved character and rich architectural ...
Hotel Indigo Brand Expands in London and New Orleans Passing the 50th Property Milestone; 14 Hotels
December 1, 2012
Hotel Online News for the Hospitality Executive LONDON (Dec. 12, 2012) – Hotel Indigo®, IHG's upscale boutique brand, will pass the 50th property milestone with the opening of two hotels in London and New Orleans, two cities renowned for their rich history and culture, making them important markets for boutique hotels. Hotel Indigo, the world's first global boutique hotel brand, has grown rapidly since its launch in 2004, and the openings of Hotel Indigo London Kensington-Earl's Court and Hotel Indigo New Orleans Garden District mark a major expansion milestone for the brand. With the addition of these two properties, the bran...
Sage Hospitality to Acquire the 149-room Hotel Commonwealth in Boston, Massachusetts from Boston Un
December 1, 2012
Hotel Online News for the Hospitality Executive By Donna Goodison, Boston HeraldMcClatchy-Tribune Regional News Dec. 19, 2012--The hotel credited with helping to revitalize Boston's Kenmore Square is getting a new owner. Denver-based Sage Hospitality confirmed it's buying the 149-room Hotel Commonwealth from owner Boston University. The purchase also includes leases for the upscale boutique hotel's retail and restaurant tenants and a parking garage that backs up to the MassPike. The deal is set to close tomorrow for undisclosed terms, said Michael Everett, chief investment officer for Sage, a privately held company with 55 hotels. Sage...
Fujita Kanko Inc. to Begin New Year with the Opening of Hotel Chinzanso Tokyo in Japan; Completing
December 1, 2012
Hotel Online News for the Hospitality Executive TOKYO - December 11, 2012 -The iconic flagship property of leading Japanese hospitality company Fujita Kanko Inc. will debut January 1st under its new name, Hotel Chinzanso Tokyo, after operating for 20 years as Four Seasons Hotel Tokyo at Chinzan-so. Fujita Kanko is celebrating the rebranding with a Japanese touch. In addition to offering various Japanese New Year rituals and entertainments, the hotel will host concerts on January 3rd with one-of-a-kind Japanese music group, Aun J, which uses Japanese classical instruments to perform contemporary music. "Like Hotel Chinzanso Tokyo, Aun J ...
Whitbread Regains its 2009 Position as the Top Performing Hotel Board of Directors in Europe in Ann
December 1, 2012
Hotel Online News for the Hospitality Executive by Chris Mumford & Thomas MielkeDecember 2012 The financial crisis, and the ensuing economic downturn, has illustrated the impact the business world can have on the daily lives of ordinary people. Whether it be a bank going under or Hostess Brands going bust and depriving the world of Twinkies, the man in the street is feeling the pain. It is human nature to want to understand why something goes wrong more than to comprehend why something goes right. The media helps feed this desire by ignoring the positive good that entrepreneurism and corporate growth does for our society, preferring...
Host Hotels & Resorts’ European Joint Venture Acquires Five Hotels from Whitehall Comprising 1,
December 1, 2012
Hotel Online News for the Hospitality Executive BETHESDA, Md., Dec. 3, 2012-- Host Hotels & Resorts, Inc. (NYSE: HST) today announced that the second fund of the Company's joint venture in Europe, in which the Company holds a 33.4% interest, acquired five hotels from Whitehall comprising 1,733 rooms in two countries for approximately €440 million. The acquisition price, which represents a significant discount to replacement cost, has been partially funded by a €250 million loan secured by the properties with an interest rate of approximately 4.4%. The loan is non-recourse to the Company. The acquisition provides the ventur...
The New Hospitality Reality in 2013 / Robert Rauch, CHA / December 2012
December 1, 2012
Hotel Online News for the Hospitality Executive By Robert A. Rauch, CHA December, 2012 The venerable institution of hospitality has been turning around over the past two decades. The combined impact of shifting demographics and new technologies are the primary catalysts for this metamorphosis. The Internet provides consumers an opportunity to think of the hospitality industry components as commodities. Hotels, restaurants, spas and alike have been lowering prices to gain a competitive advantage. A Quick Summary of Hospitality Pricing Revenue management is the set of techniques that determine which reservation requests to accept and whi...
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