Hospitality Industry News
Hilton Worldwide signs a management agreement with Ward Holdings to open a Waldorf Astoria Hotels & Resorts property in Dubai International Financial Centre. Waldorf Astoria Dubai International Financial Centre is expected to begin welcoming guests in autumn 2017, and will join a portfolio of 25 Waldorf Astoria properties operating around
Hospitality Industry News
AccorHotels announces the opening of the 494-key Mercure Bana Hills French Village, which sits on 1,480 metres above sea level in Vietnam’s Ba Na Hills. The resort is a 30-minute drive from the central coast city of Da Nang. Shane Edwards is general manager.
Hospitality Industry News
Starwood Hotels & Resorts Worldwide announces the signing of Aloft Jakarta Simatupang. The hotel marks the fourth pipeline Aloft hotel in Indonesia and the third pipeline Aloft in Jakarta. It is slated to open on 1 January 2020. “We are thrilled to sign another Aloft hotel in Jakarta as we
Hospitality Industry News
About 3,500 employees at Norwegian hotels and restaurants went on strike from Sunday morning after wage talks with employers failed, Reuters reported. The strike affected about 350 restaurants and hotels, including one of the largest hotel chains in Norway, Thon Hotels, as well as some large hotels, such as
Hospitality Industry News
Sands China’s shares dropped as much as 4.9 percent on Thursday after the Macau casino operator posted lower-than-expected first-quarter earnings. Morgan Stanley says Sands China’s property EBITDA of US$511 million missed estimates by 9 percent. Analysts attribute it to bad debt provisions, weak hotel revenue and
Hospitality Industry News
International visitor demand into the Asia Pacific region is forecast to grow at an average rate of 4.6 percent each year to reach in excess of 657 million by 2020. This is the top line prediction contained within the Executive Summary Report of the PATA Asia Pacific Visitor Forecasts
Awards and Recognition
AccorHotels has unveiled the results of Planet 21, its sustainable development programme, and renews its commitments looking to 2020. “The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide are both valuable levers for our sustainable performance,” said group chairman and CEO Sébastien Bazin. “After five years,
Hospitality Industry News
Hospitality veteran Michael Sagild has been appointed chief executive officer of BLINK Design Group, as the Bangkok-headquartered hospitality design firm sets its sights on accelerated expansion throughout the region. Sagild is a seasoned hotelier and executive with more than 30 years of experience across four continents in project development strategies,
Hospitality Industry News
Starwood’s Le Méridien brand will open in Dania Beach, Fort Lauderdale, in partnership with owner and prominent US real estate developer Charles S. Cohen. Le Méridien Fort Lauderdale Airport will debut in 2017, following a US $30 million renovation and conversion of the hotel.
Hospitality Industry News
Sheraton Hotels & Resorts completes an US$120 million renovation of the Sheraton Centre Toronto Hotel. The two year refurbishment project includes a full overhaul of all 1,372 guest rooms and suites, as well as the completion of function space expansion and meeting room restorations. Bob Jacobs, vice president
Hospitality Industry News
AccorHotels, Europe’s largest hotel group, posted higher underlying sales as robust demand for hotel rooms in most markets overcame a weaker performance in France and in recession-hit Brazil, Reuters reported. Meanwhile, Shanghai Jin Jiang International had further raised its stake in AccorHotels to 14.98 percent of its capital
Hospitality Industry News
Capella Hotel Group Asia has been signed to manage the c, which is scheduled to open in March 2017. Located within Hengfu historical and cultural preservation zone of the Xuhui District, Capella Shanghai, Jian Ye Li will be the city’s only all-villa urban resort in the last remaining cluster