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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>>

Asset-light shifts to asset-right   23 Apr, 2012

Lately major franchise companies have made key asset purchases—triggered in part by Hyatt Hotels Corp.’s 2011 investments to reinforce its select-service portfolio.More>>

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Hotel Okura JR Huis Ten Bosch opens   16 Apr, 2012

Hotel Okura JR Huis Ten Bosch, located in Sasebo City, Nagasaki, Japan, became the newest addition to international luxury hotel group Okura Hotels & Resorts. The hotel opened as ANA Hotel JR Huis Ten Bosch 17 years ago and has now been rebranded as a five-star Okura Hotels & Resorts hotel.More>>

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Commune Hotels & Resorts to operate Thompson hotel in NYC   20 Mar, 2012

GB Lodging, an affiliate of GFI Capital, acquired 5 Beekman Street in Manhattan and has tapped Commune Hotels & Resorts to operate a Thompson Hotel in the building. “With its deep New York lifestyle hotel experience and growing international presence, we’re delighted to have chosen Thompson...More>>

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Clopton Capital seeks franchise partner for expansion   16 Mar, 2012

Listen up franchises: Looking for a financing partner? Clopton Capital, a commercial loan firm that provides hotel financing, is seeking a partnership with a franchised hotel chain. Clopton Capital says that a partnership would result in simplified underwriting to hotel franchisees, which could...More>>

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Development: Indian hoteliers face Western challenge    1 Mar, 2012

The Park Hotels in India has roots that date back a century. Today its 11 upscale hotels stretch from Goa to New Delhi as it now turns its attention to opening hotels in tier-one and tier-two markets. More>>

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