Hospitality Industry News
1Starwood Capital Group, a leading global private investment firm, announced today that it has acquired, through a controlled affiliate, U.K. hotel and conference center operator De Vere Venues from the De Vere Group for approximately?$385 million?(?232 million). The transaction includes a high-quality collection of 23 owned and
The German source market for cruises, which is among the fastest growing ones in the world, is anticipated to reach 2.0 million passengers next year and 2.5 million in 2015, Hamburg Cruise Center ?(HCC) said in a statement. ?Experts forecast up to 2.0 million German ocean cruise
Hospitality Industry News
1 One of the world’s high growth sectors, the hospitality industry will add a new job every 2.5 seconds in days to come, says Johan Stromsater, Vice President, Laureate Hospitality and Culinary Education, in a chat with Patricia Mascarenhas. 1. At what rate is the hospitality sector growing?
Hospitality Industry News
1This year?s ITB Berlin sent out very positive signals for the international travel industry. With the global economy expected to recover in the years to come the world?s travel industry has begun 2014 confident of good tourism business. Following a recent period of relatively sluggish growth, particularly in
Hospitality Industry News
1 Over 11 million guests stayed at Dubai?s hotels last year, up 10.6 per cent compared to 9.9 million in 2012, according to the latest figures released by Dubai?s Department of Tourism and Commerce Marketing (DTCM). Total guest nights last year rose 11 per cent to
Hospitality Industry News
1Europe’s hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year. Industry executives say lenders and investors now understand the sector better,
Hospitality Industry News
1Travelers will now be able to hit the snooze button a few more times after a night out in Las Vegas when they stay at the Palms Casino Resort. The 1,200-room hotel is rolling out a 24-hour checkout for all guests at no extra cost. So if you check-in
Hospitality Industry News
1Following the success of its establishments across Europe, Egypt and China, the Steigenberger Hotel Group is pursuing its plans for portfolio expansion by moving into the Middle East. A new InterCityHotel will be opening in Dubai by 2016. Steigenberger subsidiary InterCityHotel is setting its sights on the United Arab Emirates
Hospitality Industry News
The Hongkong and Shanghai Hotels, Limited (HSH) and Yoma Strategic Holdings Ltd. have announced a definitive shareholders? agreement for the purpose of restoring the former Myanmar Railway Company headquarters into a hotel to be called The Peninsula Yangon. The agreement, subject to conditions and approval, will seek to redevelop and
Hospitality Industry News
1Translate Your World, developers of language software and mobile applications, introduces its revolutionary “TYWI ?Tourism?, a suite of software that enables staff and managers to speak up to 78 languages instantly, thereby eliminating the language barrier. These unprecedented language tools are designed to help facilities attract and retain more international
Hospitality Industry News
The Grand America Hotel, Salt Lake City?s only AAA Five Diamond hotel, has named Fernando Soberanis executive chef. Previously executive sous chef at both The Grand America Hotel and sister property The Little America Hotel, Soberanis brings more than 20 years of culinary experience to his new position. As
Hospitality Industry News
Raul Aguilera, general manager of the newly renovated Hilton Miami Airport, has appointed Gustavo Zapata as executive chef for the 508-guest room and suite hotel situated on a private peninsula on Blue Lagoon in South Florida and overlooking the Miami International Airport. “We are thrilled to have Chef Zapata bring
