Investment
The Power of Management Newswire
The Power of Management   12 Mar, 2014

Third-party hotel management companies are getting an increasingly interesting environment for future development and growth.More>>

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Morgans Hotel Group sheds one-third of its corporate staff   11 Mar, 2014

Over 20 layoffs took place, and among them included top executives and longtime employees. Most areas of the company were affected, from operations to the legal group.More>>

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Magnuson Hotels to introduce its 2014 brand collection at AAHOA   11 Mar, 2014

The Magnuson Hotels 2014 brand collection will be unveiled Thursday March 20 at 9:00 PM at the Philadelphia Marriott Downtown to an invitation only attendance at the Asian American Hotel Owners Association.More>>

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The Nines Hotel in Portland offers to buy out Portland Development Commission   11 Mar, 2014

PDC chipped in $16.9 million in loans in 2008 to help The Nines project move forward. But since then, PDC received just $1 million from The Nines, and 11 percent interest rates on the loans ballooned the total owed to PDC up to $18.2 million. Now, the PDC board will consider a proposal that brings...More>>

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Starwood to bring Aloft to Secaucus in 2016   11 Mar, 2014

Aloft Secaucus will be owned by Indianapolis-based hotel development and management company, Sun Development and Management. The 172-room property will be located within the Plaza at Harmon Meadow. More>>

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Osaka gets first Marriott Hotel   10 Mar, 2014

Marriott Hotels has partnered with Miyako Hotels & Resorts, a subsidiary of the Kintetsu Corporation, to create the new co-branded Marriott Miyako Hotel in Kintetsu’s Abeno Harukas, an ultra-high rise complex with 60 stories above ground and five stories underground, making it the tallest...More>>

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Huntsville, Ala., gets second Homewood Suites   10 Mar, 2014

The 101-suite Homewood Suites by Hilton Huntsville - Downtown is owned by Huntsville Hotels III LLC and managed by PHD Hotels. More>>

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Legally Speaking: Get all contracts in writing   10 Mar, 2014

When you're working with brands, owners, developers, managers and contractors, written contracts are a must. More>>

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Asia's 2013 hotel investment volume rises over 2012   10 Mar, 2014

Investment volumes reached as high as $7.5 billion by the end of 2013, according to TTG Asia, up 218 percent over 2012. JLL forecasts 2014 to be another high-scoring year for Asia hotel investment, but predicts falling transaction volumes in the face of limited supply, despite strong demand.More>>

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Third Coast Development reveals $27M hotel plans for Grand Rapids, Mich.   10 Mar, 2014

Third Coast Development announced the new hotel will be managed by Lodgco Management, a Mount Pleasant firm that owns and operates 15 hotels in central and western Michigan, including a 94-room Holiday Inn Express & Suites located behind the Green Ridge Square Shopping Center in Walker. The $27...More>>




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