Hospitality Industry News
1A Dallas-based real estate investment trust is buying the Sofitel Chicago Water Tower in the Gold Coast, ending a period of uncertainty including a loan default and takeover by Blackstone Group, the giant private-equity firm. Ashford Hospitality Prime Inc. has entered into an agreement to pay $153 million, or about
Hospitality Industry News
1 Caesars Entertainment Corp., Genting (GENS) Singapore Plc and MGM Resorts International are in discussions with the Osaka government on plans for a 500 billion yen ($4.8 billion) casino resort. Officials met with Caesars and Genting last year and are scheduled to sit down with MGM in the next
Hospitality Industry News
1Marriott International, Inc. (NASDAQ: MAR) and South Africa?s Protea Hospitality Holdings announced today that they have signed definitive agreements for the purchase by Marriott of Protea?s three brands and management company. Under terms of the agreements Marriott will pay approximately 2.02 billion rand, or approximately US $186
Hospitality Industry News
1During the 2014 Olympic Winter Games in Sochi (Feb 7-23), hotel prices for a standard double room rise 121%* to an average of $243/night. According to hotel price comparison?trivago.com, travelers pay on average less than $275/night on all days of the Olympics in Sochi. There is
Hospitality Industry News
1Tourists from China and Russia are driving the growth of the global tourism market. Travelers from each country increased their international spending by more than 25 percent in the first nine months of 2013. The UNWTO?s?2013 Tourism Barometer?highlights where the increase in international travel spend is coming
Hospitality Industry News
1The results of?TripAdvisor’s?annual hotel popularity contest are out today, and internationally, Italy leads the pack with 152 winning hotels, followed by the United Kingdom with 145. The USA and France each has 144 lodgings on the list. The wide-ranging?Travelers’ Choice Awards?crown 7,123 winners (we’
Hospitality Industry News
Further to our latest update released yesterday afternoon, there has been a new development on the current political situation in Bangkok. Following an increasing number of incidents at rally sites and demonstration marches since last week, including two grenade attacks on last Friday and Sunday, the caretaker Yingluck Shinawatra government
Etihad Holidays, a division of Etihad Airways, has launched services in Germany, designed to cater for the growing outbound leisure travel demand to Abu Dhabi and beyond, from one of its key global markets. Germany is Europe?s largest outbound travel market, with approximately 33 million potential passengers, and an
Hospitality Industry News
The?Sheraton New York Times Square Hotel?has appointed Jesse Suglia as Director of Sales and Marketing. Suglia joins the newly- renovated hotel from Omni Hotels & Resorts, Kempinski Hotels and The Global Hotel Alliance and where he was Director, Travel Industry & International Sales and leading the New York
Hospitality Industry News
Skamania Lodge, by Destination Hotels & Resorts, located in the heart of the Columbia River Gorge, is pleased to announce two appointments to its sales team, Jenna Braden as the national sales manager, and Luke Andersen as sales manager. Joining Skamania Lodge after successful sales tenures at a number of
Hospitality Industry News
The Hotel Roanoke & Conference Center today announced the hiring of a new executive chef, Stephen DeMarco. DeMarco replaces former executive chef Billie Raper, who left last year to take a position in Florida. According to a press release from the hotel, DeMarco has 28 years of experience in culinary
Hospitality Industry News
1In most hotels, luxury is measured by the thread count of the linens (minimum 400, please) or the brand of the bathroom toiletries. But for those at the highest end of the market, where the only restraint on consumption is how conspicuous they want to be, a race to the
