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Marriott aims to open 30 hotels in Africa by 2020   1 Oct, 2014

Following its acquisition of Protea Hotel Group early this year, Marriott is planning to open 30 properties across the continent by 2020. Nine of these hotels will open by end of 2015.More>>

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Destination Develop seeks hotel investors to take a short survey   30 Sep, 2014

The publishers of the IHIF Hotel Investment News daily newsletter are searching for potential candidates for their new Destination Develop Investor Council, and request your participation in a brief survey. The Council is being created to give qualified investors exclusive access to pre-qualified...More>>

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Fortis to explore sale, spin-out of hotels and other assets   30 Sep, 2014

Fortis Inc. has reportedly retained advisors to explore a sale, or spin-out of its hotel and commercial real estate business now operated and controlled by its wholly owned subsidiary Fortis Properties Corp., reports Reuters.More>>

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Alibaba expands digital business to include hotel tech giant Beijing Shiji   30 Sep, 2014

Alibaba invested $458.66 million into the Chinese tech giant, an investment that is expected to allow Alibaba to develop its Taobao travel business alongside Beijing Shiji, all while helping move customers to Alibaba's e-commerce website.More>>

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Japan's Okura Hotels inks deal to operate Philippines hotel    30 Sep, 2014

Japanese hotel chain Okura Hotels & Resorts has struck a deal with Resorts World Bayshore City Inc. to manage and operate its first hotel in the Philippines, reports GMA New. Travellers International Hotel Group said Hotel Okura Manila will be constructed in Entertainment City in Parañaque. More>>

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Houston REIT to purchase HGI near Arboretum in Austin   30 Sep, 2014

Houston-based Moody National REIT is under contract to purchase the Hilton Garden Inn near the Arboretum in Austin for $29.25 million, reports the Austin Business Journal. It also reports that the Travis Central Appraisal District values the 138-room hotel and adjacent land at $13.76 million.More>>

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Cheap debt fuels hotel investment volumes in Germany   30 Sep, 2014

Few countries in Europe are as hot right now for hotel investment than Germany. That's according to HVS, which recently released a new report: "Germany – The Investor’s Darling?" More>>

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WiSuite installs energy management thermostats at the Hilton San Francisco Union Square   30 Sep, 2014

With the hotel averaging 98 percent occupancy, WiSuite completed the installation in three weeks. No guestrooms were taken offline during the thermostat upgrade. As part of the installation and commissioning process, WiSuite provided a building savings profile that utilizes guest occupancy...More>>

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Vodia Networks reveals hotel PMS module that automates front desk and housekeeping   30 Sep, 2014

Available as an add-on license, the new PMS functionality will allow hoteliers to deploy the Vodia PBX in combination with over 70 compliant PMS systems and increase the efficiency of the property by automating the essential functions of the front desk and housekeeping.More>>

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Choice Hotels chooses Tightrope digital signage for its corporate headquarters   30 Sep, 2014

Tightrope's Carousel solution allows Choice Hotels to customize outputs depending on the nature of the message for each location. The network serves three main corporate communication purposes: interactive wayfinding, historical education and general information for visitors and personnel.More>>



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