Hospitality Industry News
Korean investment group Mirae Asset Global Investments?1?for just over $300 million, reports the Canberra Times of Australia. Eureka Funds Management put the former Regent Hotel up for sale earlier this year after giving it a more-than $40-million renovation. The 531-room hotel commands a prime position
Hospitality Industry News
SEOUL – The?Seychelles Hospitality & Tourism Association?is engaging in a partnership with the Korean market that will promote reciprocal internships in the hotel industry between Seychelles andKorea. The Seychelles Tourist Office in Korea is spearheading the activity, in an effort to assist Seychelles in improving its carrying capacity to
Hospitality Industry News
HOUSTON, TX – August 21, 2013?- Niki Nanavati has joined the Royal Sonesta Hotel Houston as Sales Manager. Nanavati brings nearly a decade of experience in the luxury sector to her new role and rejoins several former co-workers at the landmark Galleria/Uptown area property, which is currently in the
Hospitality Industry News
STEVENSON, Wash. (August 21, 2013)?– Longtime Northwest hospitality executive and consultant Ken Daugherty was hired as the new general manager of Skamania Lodge, an all-season resort and conference center nestled in the Columbia River Gorge. Daugherty is returning to Skamania Lodge after serving as its general manager from 1999
Hospitality Industry News
BOSTON — August 21, 2013?– The Langham, Boston is proud to announce the appointment of Richard Bussiere as the hotel’s new Managing Director. As a 35-year veteran of the hospitality industry, this appointment is a homecoming for the New England native, who has spent the majority of his career
Hospitality Industry News
Hotels.com’s CITM 2013 highlights big shift towards independent travel SINGAPORE, Aug. 21, 2013 /PRNewswire/ — China has overtaken Germany and the USA as the world’s biggest spenders on travel, with Chinese travellers spending US$102 billion on international travel in 2012, an increase of over 40% on 2011*
Hospitality Industry News
The second annual Chinese International Travel Monitor (CITM) released today by Hotels.com, the world?s leading hotel booking website, reveals significant insights into the changing behaviours of Chinese travellers and how the global hotel industry is adapting. Surveying more than 3,000 Chinese international travelers and more than 1,
Hospitality Industry News
A new study has found that although hotel rates are recovering they are doing so at lower levels than the market anticipated. The study, conducted by?1(HRG) an international corporate services company, said that hotel rates are behind by 4 percent to 5 percent of predictions. Although average room
Hospitality Industry News
The global hospitality market has seen fantastic growth this year. Across Europe, the Middle East and Africa (EMEA), hotel investment volumes rose by 38 percent in the first six months of 2013 (according to?Jones Lang LaSalle). And that?s only half the story.?Hotel investment in Asia is up
Hospitality Industry News
SATTE focuses on tapping buyers from tier II & III markets. According to UNWTO reports, the number of Indians travelling overseas is set to rise to 50 million by 2020. Industry experts believe that this is due to India?s evolving and burgeoning middle class from smaller cities who are
Hospitality Industry News
The Buffalo Bills announced today that they have partnered with?1, a full service hospitality company located in Buffalo, NY that is a division of?1?Company. As part of the agreement, the Wyndham Garden Hotel & Residences at the Mosey will serve as the team hotel for all home
Hospitality Industry News
ITALIAN fashion house Versace says it has signed a deal to build a luxury hotel at a casino-resort in Macau, the world’s top gambling market. Versace and Macau casino operator SJM Holdings said in a joint statement overnight that the five-star Palazzo Versace hotel will be part
