Hospitality Industry News
Port Douglas, Australia – 23 May 2017 – Sheraton Hotels & Resorts announces the designation of Sheraton Mirage Resort, Port Douglas, Australia as a Sheraton Grand resort. 1 The resort, which recently underwent a A$43 million renovation, is one of two Sheraton Grand properties in Australia, recognised for their “enticing destinations,
Hospitality Industry News
Bethesda, Maryland – 23 May 2017 – Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest, the trio of loyalty programmes from Marriott International, are offering new opportunities for members to earn unlimited in three ways: * Marriott Rewards MegaBonus Infinite Points: Up to 4,000 Marriott Rewards bonus points per stay (beginning
Hospitality Industry News
Paris, France – 18 May 2017 – When Paris’s landmark Hotel de Crillon reopens in July after a four-year 200 million euro revamp, it will be hoping to catch a rebound in the luxury hotel trade after a wave of bloody street attacks drove away big-paying tourists, Reuters reported. 1 Industry
Hospitality Industry News
Cape Town, South Africa – 18 May 2017 – South Africa’s Tsogo Sun Holdings sells 29 hotels to Hospitality Property Fund for a 3.6 billion rand (US$268 million) mix of cash and shares. 1 The transaction is part of Tsogo’s strategy to lessen its direct exposure to the
Hospitality Industry News
McLean, Virginia – 17 May 2017 – Hilton has kicked off Careers@Hilton Week, a global celebration of the hospitality industry’s diverse range of career opportunities. Until May 21, the company’s corporate offices and nearly 5,000 hotels will host hundreds of events aimed at connecting, preparing and employing job
Hospitality Industry News
Havana, Cuba – 17 May 2017 – The annual Latin American Hotel and Tourism Investment Conferences meeting has opened in Havana and the list of sponsors read like the who’s who of the US hotel industry, Reuters reported. The head of the organisation, Arturo Garcia, said it was no accident that
Hospitality Industry News
Washington D.C. – 17 May 2017 – President Donald Trump’s Washington hotel was briefly illuminated with projected messages including “pay Trump bribes here” and “emoluments welcome.” 1 Trump International Hotel Washington D.C. Robin Bell, a Washington-based artist and filmmaker, says he used a video projector to splash the words
Hospitality Industry News
Kuwait city – 16 May 2017 – Kuwait Hotels’ Q1 net profit falls to 137,496 dinars from 480,674 dinars a year ago. Total operating revenue was 2.2 million dinars versus 2.4 million dinars a year ago. 1
Hospitality Industry News
Irving, Texas – 16 May 2017 – North American budget hotel chain La Quinta is preparing to explore a sale of the company, hoping for a high valuation as its seeks to spin off its real estate assets, people familiar told Reuters. 1La Quinta believes proceeds from the potential sale would help
Hospitality Industry News
Paris, France – 16 May 2017 – AccorHotels and the FCDE (Fonds de Consolidation et de Développement des Entreprises) announce that they are in exclusive talks about acquiring 100 percent of the latter’s minority interest in Groupe Noctis. 1Laurent de Gourcuff, Groupe Noctis’ Chairman, CEO and majority shareholder, established the company
Hospitality Industry News
Shenzhen, China – 15 May 2017 – Shenzhen Century Plaza Hotel Co Ltd says it is being investigated by the securities regulator for possible violation of securities laws. No further details were given.
Hospitality Industry News
Tokyo, Japan – 15 May 2017 – Desperate to overcome Japan’s growing shortage of labour, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including hotel room service, Reuters reported. 1 “The share of capital expenditure devoted to becoming more efficient is increasing