Franchising
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Starwood Q2: RevPAR, management fees rise   28 Jul, 2011

During Q2, Starwood signed 22 hotel management and franchise contracts representing approximately 5,900 rooms and opened 13 hotels and resorts with approximately 2,900 rooms.More>>

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Nayara Hotel Joins Small Luxury Hotels of the World   27 Jul, 2011

Last year Small Luxury Hotels of the World welcomed only 55 hotels into its fold.More>>

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Wyndham Q2 financial results: RevPAR up 9.7 percent   27 Jul, 2011

Wyndham's hotel system now consists of approximately 7,220 properties and 612,900 rooms.More>>

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Las Vegas Sands Q2: Revenue $901.6 million   27 Jul, 2011

Las Vegas Sands Corporation consolidated adjusted property EBITDA increased 90.4 percent to record $901.6 million on record net revenue of $2.35 billion.More>>

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Access Point Financial formed to fund cap-ex projects   27 Jul, 2011 Exclusive

Jon Wright, head of the newly formed Access Point Financial, spoke with Hotel Management about the new company’s plans to originate more than $1 billion in recourse loans over the next three years, primarily to qualified franchisees of major hotel brands for renovation financing. More>>

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Developer talks new Ritz-Carlton Reserve in Puerto Rico   25 Jul, 2011

The resort is being developed by Caribbean Property Group and PRISA, after years of delays in securing financing.More>>

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Centerstone's Belmonte seeing conversion activity   21 Jun, 2011

Steve Belmonte, CEO and owner of Centerstone Inns, Hotels and Plaza Hotels, said the company has seven license agreements executed and 15 deals in the pipeline, independent of the company's partnership with Key West Inns.More>>

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New Holiday Inn Express set for Panama City   3 Jun, 2011

The property will be owned and managed by Latin American Hospitality Management, San Salvador-based Grupo AGRISAL's Hotel Division, under a license agreement with a company in the InterContinental Hotels Group. More>>

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Schrager Responds To Waikiki Edition Lawsuit   2 Jun, 2011

Hotelier Ian Schrager issued a statement in response to the lawsuit filed recently against him and Marriott International regarding alleged unsatisfactory involvement in the Waikiki Edition hotel. More>>

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Red Lion Inn Rancho Cordova converted   20 May, 2011

The 109-room limited service hotel was most recently the Vagabond Inn Executive Sacramento - Rancho Cordova.More>>




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