Hospitality Industry News
Dallas, TX (PRWEB) May 29, 2013 According to data provided by Smith Travel Research, La Quinta grew faster than any other select service lodging brand in its main competitive set in the years 2002-2012, growing by more than 141% in that period. The data reflected growth for brands in
Hospitality Industry News
The $1-billion joint casino resort project of Robinsons Land Corp. (RLC) and Okada-led Universal Entertainment Corp. that is supposed to rise in Entertainment City, Para?aque, in early 2015 has been called off. In a filing with the Philippine Stock Exchange, RLC disclosed on Wednesday that upon mutual
Air France
Online Access In partnership with Panasonic Avionics, Air France and KLM will conduct a trial phase throughout the rest of 2013 on two Boeing 777-300s. During that time, customers can connect to the internet using their Wi-Fi enabled smartphones, laptops or tablets at a fixed rate and use
Hospitality Industry News
The largest gaming conference on the planet is coming back to Las Vegas. It?s the 15th International Conference on Gambling & Risk Taking, and it?s slated to start Monday at Caesars Palace. ?This is the world?s first and finest gambling studies conference,? said conference host Bo Bernhard,
Hospitality Industry News
Restaurants are expected to add 448,000 jobs this summer season, a 4.5 percent increase over the?March 2013employment level, according to National Restaurant Association (NRA) projections.? The projected gain represents an improvement over the 2012 summer season. “Summer is the busiest season for restaurants in most parts of
Hospitality Industry News
Jumeirah Group LLC?is raising $1.4 billion in a six-year loan as the operator of Dubai?s iconic sail-shaped Burj Al Arab hotel takes advantage of a drop in borrowing costs, two bankers familiar with the plan said. State-owned Jumeirah will pay 2.75 percentage points
Hospitality Industry News
CHICAGO,?May 28, 2013?/PRNewswire/ –?Strategic Hotels & Resorts, Inc.?(NYSE: BEE), announced today that its Board of Directors has declared a quarterly dividend of?$0.53125?per share of 8.5 percent Series A Cumulative Redeemable Preferred Stock payable on?July 1, 2013?to shareholders of record on?June
Hospitality Industry News
Qatar unveiled plans on Monday to build a $5.5 billion island off the coast of Doha with floating hotels to house soccer fans expected to flock to the country for the World Cup in 2022. Plans for Oryx Island, which would feature luxury villas, a water park, and five
Hospitality Industry News
ARLINGTON, Va.,?May 28, 2013?/PRNewswire/ –?Interstate Hotels & Resorts announces seven new hotel openings this spring in the growing European region, including the U.K.,?Ireland,?The Netherlands?and?Hungary. Six branded hotels ??Hampton?by Hilton, Four Points by Sheraton and Holiday Inn Express ? and one independent luxury hotel
Hospitality Industry News
ATLANTIC CITY, N.J. – An historic Atlantic City hotel has been sold at auction for $4 million. The lone bidder for the Madison House was not identified. But a representative for the buyer told The Press of Atlantic City that the new owner intends to resurrect the hotel. Known for
Hospitality Industry News
May 28, 2013, Bangkok:??Marriott International signed an official agreement to commence working with leading UK hospitality guest services developer iRiS Software Systems. In a ceremony that took place at Renaissance Bangkok Ratchaprasong hotel in Bangkok, Marriott International?s Regional VP Information Resources, Asia Pacific (Martin Bookallil) signed a formal
Hospitality Industry News
Marking the start of the Turkey and Neighbours Hotel Investment Conference 2013, Hilton Worldwide today announced the addition of three new hotels to its Turkish pipeline, demonstrating the accelerating growth of the company?s portfolio in Turkey and making it the first operator in the country that will surpass 10,
