Hospitality Industry News
Nearly 180 California hotels changed hands in the first half of 2013, a 12% increase from the number sold in same period last year, according to a mid-year report by Irvine consulting firm Atlas Hospitality Group. The dollar value of these sales grew even faster. The report said the
Hospitality Industry News
For the record, the Republic of Ireland boasts 516 castles. Just hold that thought for now. In the wide world of travel marketing, national tourism offices have their work cut out for them. Sometimes the tourism bureau represents a nation more than its own embassy. Earlier this month, after a
Hospitality Industry News
InterContinental Dallas announced the appointment of Stefan Huber as the property?s new General Manager.??Huber brings nearly 30 years of hotel management experience to the InterContinental, where he?ll oversee all phases of the hotel. Huber comes to the InterContinental Dallas with extensive industry knowledge ranging from intimate boutique
Hospitality Industry News
PM Hospitality Strategies (PMHS), a hotel management company, today announced that it has signed management contracts to provide technical and pre-opening services for two hotels in Manhattan and two hotels in Delaware. The company will operate the hotels upon their opening in 2014. ?We are seeing increased interest in
US Airways
Airlines Seek Their Day in Court to Demonstrate Pro-Competitive Outcomes of Planned Merger FORT WORTH, Texas and TEMPE, Ariz., Aug. 22, 2013 /PRNewswire/ –?AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and US Airways Group, Inc. (NYSE: LCC) today announced that they filed a motion to
Hospitality Industry News
The luxury hotel sector in China, which just a few short years ago was booming, is now facing the triple threats: President Xi Jinping?s austerity and anti-corruption measures, China?s economic slowdown, and an oversupply of hotel rooms. For years, China?s rapidly expanding economy and its rising
Hospitality Industry News
Todd Zapolski announced Monday that he will join forces with hotel developer LodgeWorks to build a seven-story, 185-room luxury hotel in downtown called Archer Napa. The project, described as a ?high-end, four-star boutique? hotel costing $70 million, is planned for the 1200 block of First Street,
Hospitality Industry News
Two factors produced the biggest smiles for investors in Las Vegas? publicly traded companies as they pored over their earnings reports this quarter. Their companies either had a connection to Macau or are delivering ? or are on the verge of delivering ? real-money online poker. As the quarterly earnings season
Hospitality Industry News
The travel industry last week struggled to decide how to handle Russia?s recently enacted anti-gay law, which could potentially put clients traveling to that country at risk of arrest. While one tour operator immediately canceled all its Russia product, citing fear for the safety of its gay clients,
Hospitality Industry News
hotels had big profit growth in 2012, according to PKF Consulting USA’s 2013 edition of Caribbean Trends in the Hotel Industry. Caribbean hotels reported a 10.9% increase in net operating income in 2012, the second consecutive year with a double-digit increase and the highest annual growth since
SANTA CLARITA, Calif. (August 21, 2013) ? Today Carnival Corporation & plc announced it is introducing its?1?brand to China in 2014, naming Shanghai as home port for?Sapphire Princess?during a four-month season expected to carry 70,000 passengers. The new roundtrip cruises, which begin next May, will
Hospitality Industry News
STAMFORD, Conn.–(BUSINESS WIRE)–Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced the signing of Aloft Kiev, which will mark the entrance of Aloft Hotels into Ukraine when it opens in 2015. Created to shake up the staid and traditional mid-market hotel sector, Aloft is redefining the
