Hospitality Industry News
Hard Rock International plans to expand its portfolio with three new hotels in Brazil – the Hard Rock Hotel Brasilia, Hard Rock Hotel Caldas Novas and Hard Rock Hotel Itapema. Hard Rock International global hotel development executive vice president Marco Roca said: “As the host of the 2014 World Cup and
Hospitality Industry News
InterContinental Hotels Group opens the new-build 120-room Holiday Inn Express & Suites St. John’s Airport hotel in St. John’s, Newfoundland, Canada. It is the second IHG property in the city, joining the Holiday Inn St. John’s-Govt Center hotel. Adjacent to the St. John’s
Hospitality Industry News
Rezidor announces two Park Inn hotels in Riga – further strengthening the group’s position in the capital city of Latvia. The Park Inn Residences Riga with 88 rooms will open in Q1 2016, followed by the Park Inn Valdemara Riga, with 180 rooms, in Q3 2016. As part of the
Hospitality Industry News
The 303-room Hyatt Regency Bloomington-Minneapolis opens in Bloomington Central Station’s mixed-use development site near the Mall of America in Minneapolis.
Hospitality Industry News
Enrique Tasende, who has worked for Marriott for nearly 15 years, is named general manager of the JW Marriott Venice Resort & Spa.
Awards and Recognition
For the 16th consecutive year, Marriott International was named one of the World’s Most Admired Companies by FORTUNE magazine. The 2016 rankings list Marriott as 29, up from 37 last year. Marriott also takes the top rankings in the hospitality category. Marriott ranked number one for its industry segment
Hospitality Industry News
Travel websites operator Priceline Group Inc. reported a higher-than-expected quarterly profit, helped by higher hotel and rental car bookings, Reuters reported. The operator of Booking.com, Priceline.com and Kayak.com said net income applicable to common stockholders rose to US$504.3 million in the fourth quarter
Hospitality Industry News
Marriott International reported a four percent rise in quarterly revenue, boosted by higher room rates in North America. Net income rose to US$202 million, or 77 cents per share, in the fourth quarter ended December 31, from US$197 million, or 68 cents per share, a year earlier. Revenue
Hospitality Industry News
AccorHotels announces the opening of the 183-key Novotel Samui Resort Chaweng Beach Kandaburi, the first Novotel on the island of Samui in Thailand. Located on a quiet stretch of Chaweng Beach, the resort is only five minutes away from the island’s most popular shopping and nightlife area and
Hospitality Industry News
AccorHotels, Europe’s largest hotelier, said restructuring efforts and robust demand in most markets except France and Brazil helped it beat expectations with a 3.5 percent rise in like-for-like operating profit last year. AccorHotels, undergoing a reorganisation begun by Chief Executive Sebastien Bazin in 2013, said it
Hospitality Industry News
Marriott International and Eastern Crown Hotels group sign an exclusive development agreement to bring the Fairfield by Marriott brand to China. The agreement targets having 140 hotels signed in five years, of which 100 are expected to be opened by 2021. The introduction of the Fairfield brand is a significant
Hospitality Industry News
The Radisson Hotel Recife opens near Boa Viagem Beach, one of the most visited beaches in North-eastern Brazil. Located in the city of Recife, the hotel offers 164 guestrooms and 67 residential suites. “As the largest upscale brand in Brazil, we remain focused on retaining our leadership position as