Hospitality Industry News
1Pressure is mounting on Allen Smith to expand the Four Seasons Hotels and Resorts brand, just three months after the former real-estate investor became chief executive officer of the storied hotel operator. One of Four Seasons’s largest investors, Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud, is calling
Hospitality Industry News
1Jermyn Street, an Arab-Turkish property fund, is to spend 400 million euros ($550 million) buying a luxury seaside hotel in Athens, the country’s privatisation agency HRADF said on Tuesday. The sale of the Astir Palace is part of debt-laden Greece’s privatisation plan to pay down debt
Hospitality Industry News
1The Asia Pacific hotel development pipeline comprises 1,939 hotels totaling 421,621 rooms, according to the November 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Hospitality Industry News
The JHouse Greenwich, a boldly contemporary 85-room property with an advanced technology sensibility, has recruited 20-plus year luxury hotel management veteran Jonathan Wise to more fully realize the 18-month old hotel?s potential as a swank, yet relaxed,refuge for sophisticated leisure and business travelers, as well
US Airways
Employees Raise More than $1.55 Million for United Way, Donate More Than 28,000 Volunteer Hours as Part of Airline’s Corporate Giving Initiatives TEMPE, Ariz., Dec. 12, 2013 /PRNewswire/ –?US Airways, a unit of American Airlines Group (NASDAQ: AAL), announced today that its philanthropic contributions in 2013 reached
Hospitality Industry News
The emirate also saw a 12% increase in the number of hotels in H1, with occupancy rates still managing to reach 70.7%, an 8.3% annual increase. Speaking exclusively to?Hotelier Middle East?Abu Dhabi Tourism & Culture Authority director of strategy & policy Mohammed Al Dhaheri highlighted the
Hospitality Industry News
1 Exactly 85 years to the day of her 1928 launch, The Peninsula Hong Kong celebrated another milestone in convivial style with an evening of splendid entertainment and refined joie de vivre on Wednesday, 11 December 2013. And, despite her advancing years, Hong Kong?s ?Grande Dame? had never looked
Hospitality Industry News
1Brazil’s justice ministry is asking the main hotel chains in the country to explain the high prices being charged for rooms during the 2014 World Cup. The request comes after several complaints from consumer advocates and a study by the country’s tourism board which showed that exorbitant prices
Hospitality Industry News
1Hilton Worldwide Holdings Inc., once seen as a black mark on?Blackstone Group LP (BX)?s record in real estate, is poised to generate one of the two biggest private-equity profits of all time. Blackstone has a paper profit of $8.5 billion in the McLean, Virginia-based hotel
Hospitality Industry News
Havana, Dec 10 (Prensa Latina) British travelers are increasingly interested in visiting Cuba, judging by the recent arrivals aboard cruise ships and flights to different parts of the Cuban archipelago. Following the arrival of the cruise ship the Thomson Dream last week, with more than 1,000 tourists from the
Hospitality Industry News
1The Radisson Royal Hotel, Moscow has been awarded as the World?s Leading Luxury Business Hotel 2013 for the fourth year running at the glittering World Travel Awards ceremony held on 30 October 2013 in Doha, Qatar. ?This is the fourth year in a row that the Radisson Royal Hotel,
Hospitality Industry News
Downtown Houston?s second convention center hotel has the financing to move forward with an April groundbreaking, the development companies said this week. Houston-based?Rida Development Corp.and Los Angeles-based?Ares Management LLC said in a Dec. 5 statement that they secured funding from a six-bank consortium
