Franchising
best western Article
Best Western to enter extended-stay segment   1 Oct, 2012

Best Western will dip its toe into the extended-stay hotel segment next year, according to Mark Williams, VP of North American Development for Best Western International. The company hosted media at its Phoenix headquarters yesterday and shared early details of the new prototype, which calls for a...More>>

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Hilton Worldwide to open 317-room Hilton Istanbul Kozyatagi   26 Sep, 2012

Hilton Worldwide signed a franchise agreement with Emaytaş Turizm Gayrimenkul Yönetim Hizmetleri Sanayi ve Tic A.Ş. to open Hilton Worldwide's first Hilton Hotels & Resorts branded property on the Asian side of Istanbul. Hilton Istanbul Kozyataği Conference Center & Spa joins a portfolio of 40...More>>

hard rock hotel Newswire
China next up in Hard Rock's Asian expansion plan   11 Sep, 2012

Hard Rock International's EVP of hotels and casinos Michael Shindler told Hotel Management Asia back in March the company plans to have as many as 10 new hotels in Asia by 2017, and today the company revealed plans for its first hotels in China, expected to open in 2015. More>>

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Hotel stocks gain ground Thursday   7 Sep, 2012

Yesterday was a good day for hotel stocks, according to Bloomberg Businessweek and SunTrust Robinson Humphrey analyst Patrick Scholes. Scholes issued a note to clients reiterating a positive view for hotel booking trends, and stocks for public franchise companies and real estate investment trusts...More>>

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Essex House to fly JW Marriott flag   17 Aug, 2012

New York City gets its first JW Marriott hotel with the news that the iconic Essex House Hotel in Central Park South will fly the Marriott flag. Earlier this week, Strategic Hotels & Resorts agreed to purchase the property, formerly flagged as the Jumeirah Essex House, from the Dubai Investment...More>>

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Roanoke, Va., attracting hotel developers   2 Jul, 2012

At least four new hotels are in the works for Roanoke, where a new hotel property hasn't opened since 2010. But according to a report in The Roanoke Times, numerous city and municipal partnerships are pushing for more hotel rooms as the city's tourism demand grows. Still, occupancy remains below...More>>

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Peabody Little Rock likely losing flag with sale   2 Jul, 2012

BG Excelsior Limited Partnership, an affiliate of Peabody Hotel Group, signed an agreement with real estate investor Fairwood Capital regarding the sale of The Peabody Little Rock. While conditions and terms still are up in the air, the new buyer apparently is shopping for a new franchise for the...More>>

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Dual-branded Holiday Inn, Staybridge Suites opens in London   18 Jun, 2012

The dual-branded Holiday Inn London Stratford City and Staybridge Suites London Stratford City opened next to London's Olympic Park. Both hotels are owned by a joint venture between Cycas Hotel Partners and PetronCapital. The hotels are operated by Cycas Hospitality. The 188-room Holiday Inn and...More>>

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2012 Franchise Fees Guide released   1 Jun, 2012

More than 80 hotel brands participated in Hotel Management's 2012 Franchise Fees Guide, sharing information from construction costs per room to royalty fees, marketing fees, reservations fees and more. More>>

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Sonesta unveils first Philadelphia hotel   25 Apr, 2012

Sonesta International Hotels Corporation announced its first hotel in Phladelphia, the 445-room Sonesta Hotel Philadelphia. The hotel, which is currently the Crowne Plaza Hotel Philadelphia Downtown, will come under management by Sonesta on June 18, 2012. The property features 16,000 square feet of...More>>




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