BW Belgium Achieves 5% Revenue Growth in 2012; Hospitality Solutions improves position for 55 prope
February 1, 2013
Hotel Online News for the Hospitality Executive Paris, France, 8 February 2013: Hospitality Solutions reports 5% growth in revenue for Best Western Belgium with a slight increase in direct online sales for the regional property portfolio. Michael Thiry, President of Hospitality Solutions, that provides strategic revenue management and distribution support to Best Western Belgium member hotels, successfully increased total revenue by 5% in 2012, regardless of the difficult trading conditions across Belgium. The competitive marketplace forced Hospitality Solutions to closely monitor the sources of reservations and the true value OTAs deli...
Revenue Management Systems vs. Channel Managers / Jean Francois Mourier / February 2013
February 1, 2013
Hotel Online News for the Hospitality Executive By Jean Francois Mourier February 26, 2013 There is a great deal of confusion around the plethora of revenue management-related technologies available on the market today. It's hard to remember which technology calculates rates, which one manages inventory or if they do both. Some systems update rates in real-time, some only update once daily. Talk about technology overload! Never fear, we're here to help you determine which revenue management technology will be most useful for your property. Let's compare two very important solutions: revenue management systems (RMS) versus channel manag...
RIU Hotels & Resorts Begins Complete Renovation of the 639-room ClubHotel Riu Gran Canaria in G
February 1, 2013
Hotel Online News for the Hospitality Executive Palma de Mallorca, 26th February 2013 - The ClubHotel Riu Gran Canaria is one of the hotels of choice for families in the south of the island thanks to its 24 hour all inclusive service, vast range of activities and a 30,000 square metre pool and garden area. RIU has decided to fully renovate its facilities and open the doors in July to a hotel with a brand new image, which is more fresh and modern, as well as a wider range of services, including a children's pool with water games and also new bars and restaurants. The ClubHotel Riu Gran Canaria, which enjoys a seafront location in Maspalo...
The 211-suite Residence Inn New York Manhattan/Midtown Opens; The Building was Formerly the Helmsle
February 1, 2013
Hotel Online News for the Hospitality Executive New York, New York – February 27, 2013 – The 211-suite Residence Inn by Marriott in New York, New York is now open. Located at 148 East 48th Street, the Residence Inn New York Manhattan/Midtown East operates as a Marriott franchise. Within walking distance to Grand Central Station and the United Nations, the Residence Inn New York Manhattan/Midtown East offers its guests convenient access to Central Park, the Empire State Building, Times Square and all the fine dining and shopping establishments that New York City has to offer. The second Residence Inn to open in Manhattan, the...
The 135-suite Residence Inn by Marriott in Cherry Creek, Colorado is Set to Open February 15, 2013;
February 1, 2013
Hotel Online News for the Hospitality Executive Denver, Colorado – February 11, 2013 – The 135-suite Residence Inn by Marriott in Cherry Creek, Colorado is scheduled to open on Friday, February 15, 2013 and will be the first to feature the brand's innovative new room design. Located at 670 South Colorado Boulevard, the Residence Inn Denver Cherry Creek will operate as a Marriott franchise, owned and managed by Stonebridge Companies of Englewood, Colorado. Located in the upscale CitySet restaurant district, 10 minutes from downtown Denver and 26 miles from the Denver International Airport, the Residence Inn Denver Cherry Cree...
California’s Sacramento Hotel Association Elects New Officers to its Board of Directors; Richard Hi
February 1, 2013
Hotel Online News for the Hospitality Executive By Mark Glover, The Sacramento BeeMcClatchy-Tribune Regional News Feb. 26, 2013--The Sacramento Hotel Association has elected Richard Hill, general manager of the Sheraton Grand Hotel Sacramento, as president of the SHA board of directors. Other elected officers include: Scott VandenBerg, general manager of the Hyatt Regency Sacramento, vice president; Jeroen Gerrese, asset manager of the Lions Gate Hotel & Conference Center, secretary; and Liz Tavernese, general manager of the Holiday Inn Capitol Plaza, treasurer. Immediate past president Doug Warren, general manager at the Marriott ...
Ryman Hospitality Properties Reports 4th Quarter 2012 Net Loss of $14.9 million Compared to Net Inc
February 1, 2013
Hotel Online News for the Hospitality Executive NASHVILLE, Tenn.----Feb. 12, 2013-- Ryman Hospitality Properties, Inc. (NYSE: RHP) today reported financial results for the fourth quarter and full year ended December 31, 2012. The Company completed the restructuring of its assets and operations to facilitate its qualification as a real estate investment trust ("REIT") and is electing to be taxed as a REIT for the year ending December 31, 2013. Beginning October 1, 2012, Marriott International, Inc. assumed the management of the day-to-day operations of the Company's Gaylord Hotels properties and certain of the Company's attractions. Col...
Global Real Estate Center—Trends to Watch in 2013 / Howard Roth / February 2013
February 1, 2013
Hotel Online News for the Hospitality Executive By Howard RothFebruary 15, 2013 As I am sure you know, 2012 was a year of continued challenges for global commercial real estate markets. Many economies are now slowly emerging from the Great Recession, but ongoing fiscal problems in Europe and a difficult political climate in the US have spurred uncertainty in the real estate world. Yet, real estate investors have continued to find areas of opportunity. Indeed, capital interest in gateway cities has pushed pricing on transactions close to pre-recession levels – so much that some in the media are muttering the word "bubble." But, als...
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