Hospitality Industry News
Berlin, Germany – 7 March 2017 – Ahead of this year’s International Hotel Investment Forum in Berlin, Hilton announces that it has passed the milestone of 100,000 rooms trading across its Europe, Middle East & Africa portfolio. The news comes in a period of unprecedented global growth for the company.
Hospitality Industry News
Toronto, Canada – 7 March 2017 – A deadline to bid for the Trump International Hotel & Tower in Toronto has passed with the property drawing no new offers, according to the receiver, Bloomberg reported. The 65-story hotel and condo tower was put on the market by JCF Capital, the holder of
Hospitality Industry News
Hong Kong – 7 March 2017 – The Peninsula Hotels names Mark Kobayashi as vice president of marketing and Carson Glover as director of global communications. 1 Mark Kobayashi Reporting to the chief operating officer, Kobayashi will relocate to the company’s Hong Kong headquarter from Tokyo, where he has held the
Hospitality Industry News
Bangkok, Thailand – 6 March 2017 – The new Ibis Bangkok IMPACT adds 587 rooms to the existing 380-room Novotel Bangkok IMPACT. The 18-storey Ibis Bangkok IMPACT features 54 interconnecting rooms, 475 twin rooms, 112 king rooms and 13 rooms for guests with special needs.
Hospitality Industry News
Athens, Greece – 6 March 2017 – A 7.9 billion euro plan to turn a derelict former Athens airport into one of Europe’s biggest coastal resorts, included in Greece’s latest international bailout, will go ahead despite recent delays, Reuters reported. Under the deal signed in 2014 and revised last
Hospitality Industry News
Spokane, Washington – 3 March 2017 – Red Lion Hotels Corp names Douglas L. Ludwig as chief financial officer, succeeding interim chief financial officer David Wright.
Hospitality Industry News
Kuala Lumpur – 3 March 2017 – 1AccorHotels announces its first Mercure property in Kuala Lumpur. The 213-room Mercure Kuala Lumpur Shaw Parade is located in Pudu, at the fringe of Kuala Lumpur’s Bukit Bintang shopping belt.
Hospitality Industry News
Atlantic City, New Jersey – 3 March 2017 – Billionaire investor Carl Icahn has reached a deal to sell the shuttered Trump Taj Mahal casino in Atlantic City to Hard Rock International and two New Jersey investors. 1 The sale comes four months after Icahn closed it amid a crippling strike. A
Hospitality Industry News
New York City – 28 February 2017 – The legendary Waldorf Astoria is closing for renovation. When it opened at its Park Avenue location in midtown Manhattan in 1931 with more than 1,400 rooms, the largest – and tallest – anywhere at the time, Agence France-Presse reported. It has hosted a stream of
Hospitality Industry News
Norwalk, Connecticut – 27 February 2017 – Travel website operator Priceline Group reported a 17.4 percent rise in fourth-quarter revenue, driven by higher hotel bookings. Net income rose to US$673.9 million in the fourth quarter ended December 31, from US$504.3 million a year earlier. Revenue rose to
Hospitality Industry News
Singapore – 28 February 2017 – Pan Pacific Hotels Group appoints Lothar Wilhelm Nessmann as chief executive officer following the departure of Bernold Schroder in December. 1 Lothar Wilhelm Nessmann Nessmann has close to 30 years’ luxury hospitality experience gained from working in Singapore, Malaysia, Taiwan, Hong Kong, China, the Middle East
Hospitality Industry News
Bangkok, Thailand – 22 February 2017 – Nine years after opening, Pullman Bangkok King Power – the world’s first Pullman – completes a transformative renovation project that “embodies the trend toward cutting-edge design in the upscale hospitality sector,” says general manager Marc Begassat. In the years that followed the debut of the first