Hospitality Industry News
Hilton Worldwide and Hilton Hotels & Resorts sign a management agreement with Sunvalley Hotel Clark Corporation to manage Hilton Clark Sun Valley Resort in Central Luzon, the Philippines. The 268-key Hilton Clark Sun Valley Resort is scheduled to open in the fourth quarter of 2017 and will strengthen Hilton
Hospitality Industry News
AccorHotels opens?Pullman Vung Tau, the first five-star international hotel in the seaside destination, just 1.5 hours? drive from Ho Chi Minh City. Claiming the largest meeting facilities in Southern Vietnam and spectacular beach views,?the 356-room Pullman?Vung Tau is within easy reach of Ho Chi
Hospitality Industry News
Cristiano Ronaldo and Portuguese hotel group Pestana announced a joint partnership to launch four boutique hotels. The joint venture, co-owned by Ronaldo and Pestana, will be managed by The Pestana Hotel Group. The total investment in these four new hotels will be 75 million euros. The hotels will be
Hospitality Industry News
Hilton Worldwide opens its first DoubleTree hotel in Ningbo, in China?s Zhejiang province. Owned by Shimao Group and operated by Hilton Worldwide, the 220-room DoubleTree by Hilton Ningbo-Chunxiao is the 26th DoubleTree hotel to open in China. Hilton Worldwide Greater China & Mongolia senior vice president of
Hospitality Industry News
The Park Inn by Radisson Brussels Airport in Belgium, a mid-scale property with 163 guestrooms, is scheduled to open in Q1 2017. It will be Rezidor?s second Park Inn by Radisson in Brussels, and brings the group?s total room count in the Belgian capital city to four
Hospitality Industry News
Marriott International, together with the owner and development partnership led by RIDA Development Corp and Ares Management, announced the closing of a US$500 million construction loan from Wells Fargo Bank as lead agent for construction of the two million square foot and 1,500-room?Gaylord Rockies Resort and
Hospitality Industry News
Barcelona’s left-wing city hall has slapped home rental websites Airbnb and HomeAway with a fine of 60,000 euros (US$65,000) each for marketing lodgings in the Spanish city that lacked permits to host tourists, Agence France-Presse reported. With the aid of a software programme, the
Hospitality Industry News
Greg Findlay is appointed general manager of The Westin Bund Center Shanghai. Findlay, a New Zealander, started his hospitality career with Starwood in 1992 in his home country and has held the position of GM for Starwood properties in New Zealand, Australia, Indonesia, Thailand and Korea. After launching The Westin
Awards and Recognition
Hilton Worldwide?announced that it is the first hospitality company to achieve Superior Energy Performance (SEPTM) certification from the US Department of Energy for leadership and improvement in energy management and productivity at three landmark hotels. This recognition follows Hilton’s system-wide ISO 50001 Energy Management certification across its
Hospitality Industry News
Korea?s Hotel Lotte Co Ltd submitted an application seeking preliminary exchange approval for an initial public offering in a deal that could value the firm at around at around 10 trillion won (US$8.46 billion). The conglomerate did not elaborate on details, including when the deal would be
Hospitality Industry News
The St. Regis Macao opens in Cotai Central?in Macau, a UNESCO World Heritage Site. Owned by Venetian Orient Limited, an affiliate of Sands China Ltd, the 400-room hotel is the brand?s seventh hotel in Greater China, and will be followed by the unveiling of five St. Regis
Hospitality Industry News
The Priceline Group has agreed to invest an additional US$500 million in China?s leading online travel company Ctrip.com International, through a convertible bond. Including the new bond, The Priceline Group has invested about US$1.9 billion in Ctrip convertible bonds and American Depositary Shares since 2014.