 | Newswire
Dubai's Atlantis the Palm seeks $850-million loan 20 May, 2013
The resort, which spent $20 million in 2008 at the hotel's launch party, hired Abu Dhabi Commercial Bank, Barclays, Commercial Bank of Dubai, HSBC Holdings, National Bank of Abu Dhabi and Union National Bank to arrange the facility.More>>
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 | Newswire
NSSA's $22-million hotel in Zimbabwe nears completion 20 May, 2013
The NSSA is sponsoring the construction of the building which will be operated by the Rainbow Tourism Group upon completion. Costain Zimbabwe Limited Incorporated is the main contractor.More>>
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 | Newswire
Wyndham Hotel Group Opens First Two Properties in Singapore 20 May, 2013
Both hotels, now opened and managed by Wyndham Hotel Group, are located at Zhongshan Park, the newest development area in Singapore, and are part of an integrated development that includes a commercial tower and shopping mall. Zhongshan Park is a fundamental component of Singapore's Identity Plan...More>>
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 | Newswire
Sofitel Paris Le Faubourg sold to Mout Kellet Capital Management for $145M 20 May, 2013
Open in 1979 in Paris, the 147 rooms & suites flagship hotel will continue to be operated by Accor under a long-term management agreement. It will benefit from a refurbishment program representing a $16 million investment scheduled for 2014. The hotel will remain opened during the renovation works. More>>
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 | Newswire
Magnuson adds five 20 May, 2013
Magnuson Hotels recently converted five former Best Western properties to its brand. They include hotels in Georgia, Iowa, Arizona, Michigan and Oklahoma. More>>
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 | Newswire
Days and Ramada debut in Singapore 20 May, 2013
Wyndham Hotel Group opened the Ramada Singapore at Zhongshan Park and Days Hotel Singapore at Zhongshan Park, both brands' first outposts in Singapore. Both hotels are owned and managed by Wyndham Hotel Group and are located at Zhongshan Park, the newest development area in Singapore. The multiuse...More>>
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 | Newswire
PM Hospitality Strategies plans refresh for Homewood Suites Oakland Waterfront 20 May, 2013
PM Hospitality Strategies has expanded its West Coast presence with the addition of a management contract to operate the Homewood Suites by Hilton Oakland Waterfront. With this property the company now manages or asset manages four hotels on the West Coast. This is the fifth Homewood Suites in the...More>>
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 | Newswire
Summer leisure travel on the rise this year, driven by multigenerational trips 20 May, 2013
In the United States the upcoming Memorial Day weekend signals an important time on the hotel industry calendar--the start of summer vacation season. Are you ready for an influx of leisure travelers this summer? According to news from last week's Leisure Travel Summit in New York, the U.S. travel...More>>
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 | Newswire
Privately financed convention center planned for Miami 17 May, 2013
The MDM Group solidified a contract to purchase the previous site of the Miami Arena in Miami, Fla., with the goal of eventually constructing a privately financed convention center.More>>
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 | Newswire
Ask yourself: How much revenue do I lose daily, unknowingly? 17 May, 2013
If there ever was a way to measure how we unwittingly lose revenue, the results would be surprising. Are we measuring the number of real prospects we lose every day only because they hang up the phone due to delay in answering the call? In this fast-moving world we all work and we all want our...More>>
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