Wanda Hotels and Resorts takes the first step in 'Asset-Light' strategic

Wanda Hotels and Resorts takes the first step in 'Asset-Light' strategic
Wanda Hotels and Resorts and Baicheng Real Estate Group signed a formal agreement on the entrusted management project of Wanda Realm Wuzhishan, which marks the first step for Wanda Hotels and Resorts in its 'asset-light' strategic transformation.
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Miami-Dade hotels make Forbes five-star rating for fourth consecutive year
South Florida's top names in the hotel industry, as well as some newcomers, were honored Monday with five-star ratings on Forbes Travel Guide's 58th list of the world's top hotels. In Miami-Dade County, some popular names again received the five-star …
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Red Lion Hotels' (RLH) CEO Greg Mount on Q4 2015 Results – Earnings Call
Greetings and welcome to the RLHC Fourth Quarter 2015 Earnings Call. At this time all participants are in a listen-only mode. A question-and-answer session follow the formal presentation. [Operator Instructions] As a reminder, this conference is being …
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Marriott International expands in Japan with Five Mori Trust hotels
Marriott International and Japan's leading lodging company Mori Trust Group have announced the signing of five hotels in Japan under the Marriott Hotels brand. The agreements for five Mori Trust hotels will see Marriott International double its …
Read more on Hotel Designs (press release)

Lastest Hotels News

Vroom, not festival fever, is boosting SA hotels demand
The Playford on North Terrace saw most activity during February and March with sales and marketing director Zoe Sparr saying the combination of the festival, fringe, Clipsal, Tour Down Under and cricket created an “overflow effect in hotels” and also …
Read more on The Advertiser

Moncton moving Syrian refugees into hotels temporarily
Syrian refugees settling in Moncton will now be moving temporarily into hotels instead of apartments as the city struggles to find enough apartments to house the larger families fleeing the war-torn country. Isabelle LeBlanc, a communications co …
Read more on CBC.ca

The Sutton Place Hotels Announce Their Fourth Location in the True North
VANCOUVER, BC–(Marketwired – February 25, 2016) – The Sutton Place Hotel Company, a sophisticated collection of luxury properties in North America, is pleased to announce their fourth location in downtown Winnipeg at True North Square.
Read more on Marketwired (press release)

Big cities where Airbnb is cheaper than hotels
While the debate over whether hotels or Airbnb rentals provide a superior experience will surely continue for years to come, 2016 has already brought with it study after study that illuminates the turf battle between the two industries. The latest …
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Roxaco-Vanguard venture to open 5 Go hotels

Roxaco-Vanguard venture to open 5 Go hotels
The joint venture of Roxaco Land Corp., the property development arm of RCI, and Singapore-based Vanguard Hotels Pte. Ltd. will open five Go Hotels in Parañaque (199 rooms), Cubao (159 rooms), Timog Avenue (219 rooms), North Edsa (167 rooms) and …
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Hotels.com's Captain Obvious Is Running for President, and He's Already Been
And in fairness, there is a real connection, however tangential: Hotels.com estimates that each presidential candidate will spend an average of $ 405,000 on hotels, including lodging for a dozen staffers, over 212 days on the road during primaries and …
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Nisa Investment Advisors Has 01000 Position in Host Hotels and Resorts Inc
Host Hotels and Resorts logo Nisa Investment Advisors increased its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission …
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Lastest Hotels News

Developer: 300 hotel rooms coming to Wilmington Riverfront
The developer said it has been given franchise approval for a 100-room Homewood Suites by Hilton and is in the franchise review process for a 200-room Marriot hotel. Both properties are planned for the Riverfront, but company officials on Monday would …
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Moxy Hotels Announces US Debut with Openings in New Orleans, Tempe
The U.S. finally gets its first outposts of Moxy Hotels, the high design, budget-friendly chain that Marriott International has created for Millennial travelers. First launched in Milan in September 2014, it lands stateside with a planned March opening …
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Tons of Travel Deals Are Being Offered for Leap Year
But that isn't stopping hotels and airlines from offering discounts on or around Feb. 29—a day that's on the calendar only once every four years, during leap years. Earlier in the month, JetBlue offered a short-lived promotion with $ 29 flights for …
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Day Hotels Make Bathing in Airport Bathrooms Obsolete

Day Hotels Make Bathing in Airport Bathrooms Obsolete
There's a new travel tool that changing the way people travel. If you're a strictly direct flight kind of girl, then this may not apply to you, but for the frugal traveler, who isn't opposed to the occasional lay over—or two— Hotels By Day may be …
Read more on Essence.com

10 Top New Hotels to Check into in 2016
To help you narrow down your options, we found 10 of the best new hotels and resorts that offer the right balance of superlative amenities and picturesque surroundings. From New York City to Rio de Janeiro, here are some standout hotel openings for 2016.
Read more on U.S. News & World Report

Fort Collins hotels grabbed in $108.3 million deal

Fort Collins hotels grabbed in 8.3 million deal
A New York investment group has scooped up two hotels in southeast Fort Collins as part of a $ 108 million acquisition deal. The deal also included two hotels in Denver and two in Washington, said Matthew Furbish, director of investor relations and …
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Q1 2016 EPS Estimates for Hyatt Hotels Co. (H) Reduced by FBR & Co.
Hyatt Hotels logo Hyatt Hotels Co. (NYSE:H) – Research analysts at FBR & Co. cut their Q1 2016 earnings per share (EPS) estimates for shares of Hyatt Hotels in a research report issued to clients and investors on Friday, Zacks Investment Research reports.
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Britannia Hotels benefits from putting up asylum seekers on the taxpayer
A budget hotel chain paid with taxpayer funds to house asylum seekers has seen its profits soar to £14million in the past financial year. Britannia Hotels, owned by multi-millionaire Alex Langsam, was twice ranked by Which? as Britain's worst hotel …
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T'ville hotels roll out the red carpet

T'ville hotels roll out the red carpet
Mark Scott of Thomasville Tourism has a hearty handshake for Rupesh Patel, who bought the Microtel Inn & Suites by Wyndham six months ago. Since then the 58-room facility off Interstate 85 near Exit 102 has undergone many upgrades. The hotel is one of …
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Hotels in Colorado Springs had highest January occupancy since 1997
Hotels in the Colorado Springs area had their best January since 1997 with half of the rooms occupied during one of the slowest months of the year, the fifth consecutive monthly increase from the same month a year earlier, according to the Rocky …
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Hong Kong budget gift: restaurants, hotels, travel agents and hawkers to have
Financial Secretary John Tsang Chun-wah will waive licence fees for travel agents, restaurants, hotels and hawkers for one year when he unveils his budget speech on Wednesday. The relief measure aims at helping industries affected by the economic …
Read more on South China Morning Post (subscription)

Laredo hotels reach full capacity for final WBCA weekend

Laredo hotels reach full capacity for final WBCA weekend
LAREDO, TEXAS (KGNS) – Several hotels in Laredo are at full capacity this weekend, as many people are visiting the Gateway City for the last weekend of WBCA events. Many of the hotels have been booked since this Thursday. The La Posada Hotel is a …
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NYC's St. Regis May Be on Block in Starwood Hotel Sale
Starwood Hotels & Resorts Worldwide Inc. may be in talks to sell hotels including the St. Regis New York as part of its goal of reducing its property holdings by about $ 1 billion this year, Chief Executive Officer Tom Mangas said. Sovereign-wealth …
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Hyatt Hotels Corporation Targets Record Footprint Expansion in 2016
A growing hotel base and rising guest spending helped Hyatt Hotels (NYSE:H) post a year-over-year pop in fourth-quarter results that were announced on Feb. 18. The hotel operator also predicted more gains ahead in 2016 as it opens a record number of …
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The 20 best hotels for business travelers, according to hospitality experts

The 20 best hotels for business travelers, according to hospitality experts
Facebook/The Peninsula Hong KongArrive to The Peninsula Hong Kong in style through the hotel's luxury car service. Traveling for business can often be tiring and stressful, but staying at the right hotel can help ensure a better experience. We asked …
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Accor's Different Approach to Running Hotels Results in Strong Profits in 2015
Accor SA, Europe's largest hotel operator, said 2015 profit increased almost 11 percent as an overhaul of the French company paid off and demand for accommodation rose in most of Europe. Earnings before interest and taxes increased to 665 million euros …
Read more on Skift

More People Who Use Airbnb Don't Want to Go Back to Hotels

More People Who Use Airbnb Don't Want to Go Back to Hotels
Specifically, the survey found that 79% of consumers who hadn't used Airbnb or other “peer to peer lodging” sites prefer traditional hotels, but that number dropped by half to 40% for those who had. “We find it interesting that people 'do a 180' in …
Read more on Fortune

2 Denver hotels swept up in 8 million buy
American Realty Capital Hospitality Trust Inc. has acquired two Denver hotels as part of a six-property portfolio acquisition that totaled $ 108.3 million. The 160-room Fairfield Inn & Suites Denver Airport, at 6851 Tower Road and the 124-room …
Read more on Denver Business Journal (blog)

WoodSpring Hotels launches new prototype; first Signature hotel to open this year
For now, the company plans to open eight Signature hotels in the greater Pittsburgh, Boston, Houston and Seattle markets, said a WoodSpring spokeswoman. The Pittsburgh area location, in Cranberry, Pa., is scheduled to open later this year, she said.
Read more on Wichita Eagle