Franchising
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Las Vegas Hilton's new name reflects loss of Hilton franchise   9 Dec, 2011

With the Hilton franchise terminated at the former Las Vegas Hilton, the property will be known as the LVH-Las Vegas Hotel & Casino beginning Jan. 3. Earlier this year Hilton Worldwide informed owner Colony Capital it would not renew the property's franchise agreement. According to the Las Vegas...More>>

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Ascott expands in China   6 Dec, 2011

New serviced residences to open in Foshan and Hong Kong. Ascott aims to almost double its China portfolio to 12,000 apartment units by 2015.More>>

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Stanford Hotels plans Manhattan development   15 Nov, 2011

Billionaire Leon Charney sold Stanford Hotels a Manhattan development site for $19.5 million after his own hotel plans fell through. Stanford plans to build its first NYC hotel in the spot. More>>

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Collaboration in the Caribbean   11 Nov, 2011

At the Caribbean Hotel Investment Conference & Operations Summit, hotel owners and developers discussed the role of joint ventures and partnerships between capital groups in bringing new properties to market. The Caribbean Tourism Development Corp. has recently agreed to redevelop its Web presence,...More>>

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Marriott acquires Manhattan's Clock Tower building   28 Oct, 2011

After months of negotiations, Marriott has finally acquired the famous Clock Tower building in Manhattan for $165 million from owner Africa Israel USA. Marriott is expected to convert the property to the Edition Hotel brand.More>>

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Virgin Hotels acquires Chicago property   24 Oct, 2011

Virgin Hotels acquired the Old Dearborn Bank Building in downtown Chicago with plans to convert the former bank to the Virgin Hotel Chicago by the fall of 2013.More>>

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Hard Rock International opening three resorts in Mexico   21 Oct, 2011

Hard Rock International will open all-inclusive resorts in Cancun, Puerto Vallarta and Riviera Maya by the end of 2012. The hotels will be located on Palace Resorts properties and also be managed by Palace. Hard Rock opened a resort in Punta Cana, Dominican Republic, in January 2011.More>>

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First Park Inn planned for Ukraine   18 Oct, 2011

The Rezidor Hotel Group, in partnership with Esta Holding, will develop the Park Inn by Radisson Donestsk.More>>

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Wyndham signs first hotel in Turkey   30 Sep, 2011

The new five-star, 21-story Wyndham Petek Istanbul, scheduled to open in autumn 2012, will be situated less than seven kilometers from Istanbul’s Atatürk International Airport.More>>

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Shafer Commercial Seating joins the Hospitality Sustainable Purchasing Consortium   15 Sep, 2011

Shafer brings the number of members in the Consortium to 22, including 13 industry-leading suppliers.More>>




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