Starwood Hotels & Resorts and Majid Al Futtaim Properties Open the 481-room Sheraton Dubai Mall
March 1, 2013
Hotel Online News for the Hospitality Executive DUBAI - March 14, 2013 -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Majid Al Futtaim Properties today celebrated the opening of Sheraton® Dubai Mall of the Emirates Hotel. With this opening, Starwood now operates 14 hotels in Dubai, representing the highest concentration of Starwood hotels in any individual city outside of New York. Sheraton Dubai Mall of the Emirates Hotel is directly connected to Dubai's leading shopping destination, Mall of the Emirates, which features more than 560 international retail brands and is also home to the iconic Ski Dubai snow dome. "S...
Shangri-La Hotels and Resorts Set to Open its First London Property, the New Build 202-room Shangri
March 1, 2013
Hotel Online News for the Hospitality Executive HONG KONG, March 22, 2013- Asia Pacific's leading luxury hotel group, Shangri-La Hotels and Resorts, will open its first property in the United Kingdom in the summer of 2013. London's first elevated luxury hotel will occupy levels 34 to 52 of The Shard. As with every property in the group, it will operate on the simple yet powerful philosophy of Shangri-La's legendary hospitality. The new-build five-star property will offer 202 rooms and suites (all with unparalleled views), four signature wining and dining venues, three river-facing event rooms as well as an infinity pool and a 24-hour gy...
Select Your Profits: A Comparison of Select-Service Versus Full-Service Performance / Robert Mandel
March 1, 2013
Hotel Online News for the Hospitality Executive By Robert MandelbaumMarch 19, 2013 The definition of "select-service" within the lodging industry may vary from person to person, but there is no doubt that properties in this segment are the most popular among developers. Using the broadest definition of select-service, this category comprised an estimated 85 percent of the total projects in the development pipeline according to the October 2012 U.S. Hotel Pipeline Outlook report from Smith Travel Research. While developers may be influenced by emotional and other non-economic factors, financial return is typically the main criteria consi...
Trigild, Blu Hotel Investors and Pacifica Real Estate Group (PREG) Acquire the 121-room Santa Ana H
March 1, 2013
Hotel Online News for the Hospitality Executive SAN DIEGO (March 15, 2013) – San Diego-based Trigild, Blu Hotel Investors and Pacifica Real Estate Group (PREG) have announced the acquisition of the four-story, 121-room Santa Ana Hampton Inn & Suites at 2720 Hotel Terrace Dr. in Santa Ana. Trigild, a real estate services firm with decades of experience in the hospitality industry, will take charge of day-to-day management, overseeing over 40 employees and spearheading $1 million in renovations and improvements to the property. "This is an excellent opportunity as the hotel meets our overall criteria of investing in high barrier...
Sage Hospitality and Whitman Peterson Form Investment Partnership and Acquire Portfolio of Seven Co
March 1, 2013
Hotel Online News for the Hospitality Executive Denver, Colo. (March 25, 2013) – Sage Hospitality, one of the leading hotel investment and management companies in the U.S., announced the purchase of seven Courtyard by Marriott hotels in partnership with Whitman Peterson. The purchase marks the onset of a programmatic, highly-focused investment strategy between Sage and Whitman Peterson, wherein they plan to acquire a sizable portfolio of select-service hotels in need of high-impact capital, operational, and/or brand improvements. This first portfolio of hotels, purchased from Clarion Partners and C-III Capital Partners, will bring...
Steve Seeram Named as a National Sales Manager for The TradeWinds Island Resorts in St. Pete Beach,
March 1, 2013
Hotel Online News for the Hospitality Executive March 1, 2013 - The TradeWinds Island Resorts – the Island Grand Resort and Guy Harvey Outpost, a TradeWinds Beach Resort – located along acres of sugary white beaches overlooking the Gulf of Mexico on the island of St. Pete Beach, Florida. The TradeWinds Island Resorts recently named Steve Seeram as a national sales manager. In this position, Seeram will be working the northeast market including New York, Massachusetts, New Jersey, Connecticut, Maine, Pennsylvania and Rhode Island. With more than 20 years of experience in the hospitality industry, Seeram was most recently the ...
Rumors Confirmed, The Related Group and sbe to Develop the SLS Brickell in Miami, Florida; The 450-
March 1, 2013
Hotel Online News for the Hospitality Executive By Hannah Sampson, The Miami HeraldMcClatchy-Tribune Regional News March 13, 2013--As expected, the chic SLS hotel brand is heading downtown -- and adding condos. The SLS Brickell, a condo and hotel at 1300 S. Miami Ave., will open in 2015. The project was announced late Tuesday by The Related Group and entertainment, real estate and hospitality company sbe, which are partnering on the development. News about the project had been spreading for weeks, but officials with both companies would not confirm the rumors before Tuesday. With 450 condo units and 133 hotel rooms, the property will a...
Choice Hotels International CEO and President, Stephen P. Joyce, Shares Global Perspective of the H
March 1, 2013
Hotel Online News for the Hospitality Executive SILVER SPRING, Md., March 14, 2013 -- Today Stephen P. Joyce, President and CEO of Choice Hotels International, Inc., (NYSE: CHH), gave an insightful keynote speech at this year's MIPIM conference in Cannes, France, the world's leading property market conference that brings together all the key players in the real estate business -- investors, developers, end-users, architects, hotel groups, public authorities and property associations. In the keynote speech, Joyce highlighted how these days, maintaining competitive success in the hotel business has become increasingly complex. Hotel teams...
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