Hospitality Industry News
A play that imagines what it might have been like had Marilyn Monroe, Albert Einstein, Joe DiMaggio and Sen. Joe McCarthy met in a hotel room in 1953 will make its New York debut next month ? in a hotel room. The innovative British based theatre company Defibrillator will present Terry
Hospitality Industry News
Hotel operators declined after J.P. Morgan analysts warned that US RevPAR growth will continue to decelerate, Reuters reported. It is moderating RevPAR performance of the top 25 US markets following signals of moderating business travel. The analysts lowered their estimates for 2016 RevPAR growth by 150 basis points to
Hospitality Industry News
Michel Molliet has been appointed chief operating officer of AccorHotels, Greater China. He oversees the management of the group’s 125 operating hotels and projects in the pipeline across mainland China, Taiwan, Hong Kong and Macau ? a portfolio which includes 10 brands from the luxury and upscale to midscale and
Hospitality Industry News
GuocoLand has signed a landmark deal with AccorHotels for the management of the group’s two new-built hotels at Tanjong Pagar Centre, Singapore, and Damansara City, Kuala Lumpur, Malaysia. The Sofitel Singapore City Centre?and Sofitel Kuala Lumpur Damansara add 534 rooms to AccorHotel’s luxury brand portfolio. The
Hospitality Industry News
The 217-room Minsk Marriott Hotel will open in early 2016 as the first 5-star internationally rated hotel in Belarus.
Hospitality Industry News
Small Luxury Hotels of the World is introducing five new hotels to its collection of over 520 hotels in 80 countries. They are: The 38-room Keemala, Phuket, Thailand; The 143-suite?Mar Adentro Cabos, San Jose del Cabo, Mexico; The six-room Casa Colombo Collection, Mirissa, Sri Lanka; The
Hospitality Industry News
AC Hotels by Marriott announces global plans for 22 new design-led hotels slated to open in 2016. Five properties are expected to open this month in Guadalajara, Mexico; Cincinnati; Boston; Marseilles; and Queretaro, Mexico. Additional properties are expected to open this year in Panama City; Santiago; San Jose; Manchester;
Hospitality Industry News
AccorHotels?opens the Pullman Qingdao Ziyue. The newly-built 238-room property brings the Pullman network in Greater China to 26 operating hotels. Paul Richardson, chief operating officer, AccorHotels Greater China, said: ?The opening of Pullman Qingdao Ziyue will once again reinforce the brand?s commitment to delivering a vibrant,
Hospitality Industry News
The 143-room Courtyard by Marriott Nizhny Novgorod City Center opens as the seventh Courtyard-branded hotel in Russia.
Hospitality Industry News
US construction spending fell in November for the first time in 17 months, reflecting weakness in spending on hotel and other private non-residential construction and government projects, the Associated Press reported. Construction spending dipped 0.4 percent in November following a 0.3 percent increase in October, the Commerce
Hospitality Industry News
Goldman Sachs has invested 4.4 billion rupees (US$66 million) for a significant minority stake in Indian hotel investment and development firm Samhi Hotels, the companies said in a statement. Samhi, which operates 10 hotels and is developing 16 more, will use the money to grow its portfolio to
Hospitality Industry News
Greece?s privatisation agency has signed a 400 million euro (US$434.3 million) deal with Jermyn Street Real Estate Fund to sell Astir Palace, a luxury seaside resort outside Athens, Reuters reported. Greece?s top administrative court had blocked the sale of the Astir Palace hotel complex in March,