More Headlines
blank Newswire
Breakfast spaces allow designers to get creative   31 Aug, 2015

From concierge floors, open plans and private lounges, designers are more creative than ever in their application of the hotel breakfast area.More>>

blank Newswire
DoubleTree by Hilton opens in Decatur, Ala.   31 Aug, 2015

Formerly a Garden Plaza hotel, the property closed in November 2014 to complete a $10-million transformation. The 165-room hotel is owned and managed by Cooper Hotels.More>>

blank Newswire
Wyndham expands in Phuket with new Ramada   31 Aug, 2015

The Ramada Phuket Deevana, a 206-room, $28-million development, owned by Deevana Hotels and Resorts, has opened in Thailand, joining four existing Ramada properties in Thailand. The hotel helps strengthen Wyndham Hotel Group’s presence in Thailand and Southeast Asia.More>>

blank Newswire
Ashford Hospitality Prime considers sale of company   31 Aug, 2015

As of June 30, it owned and operated 10 hotels in six states and the District of Columbia. The portfolio includes eight wholly owned hotel properties and two hotel properties in which it has controlling interest. These hotels represent 3,707 total rooms, or 3,472 net rooms, an estimated value of...More>>

blank Newswire
White Lodging to manage new Milwaukee SpringHill Suites   31 Aug, 2015

The SpringHill Suites Milwaukee Downtown is scheduled to open in spring 2016, and will operate as a Marriott franchise. The hotel is owned by JSWD Commerce, an affiliate of Jackson Street Holdings, and managed by White Lodging Services.More>>

blank Newswire
Langham Hotels owner sees tough times ahead for Hong Kong hotels   31 Aug, 2015

The chairman of Great Eagle Holdings, the Hong Kong-based owner of Langham Hotels, is not very bullish on the operating environment in Hong Kong, at least for the next two years. However, market turmoil could create buying opportunities, he added.More>>

blank Newswire
When religious edict and investment converge   31 Aug, 2015

Middle Eastern investors buying hotels, particularly in the U.S., is ongoing and will only increase as we move into the fourth quarter and beyond. In fact, Middle Eastern investors, fueled by lower oil prices, are projected to spend an average of $15 billion annually on the international property...More>>

blank Newswire
Chinese investments abroad need more planning   30 Aug, 2015

From New York to London to Sydney, Chinese companies are pouring money into hotel purchases abroad, but it is uncertain whether the major players already active will take the plunge further or that their investments will even pay off.More>>

blank Newswire
Singapore marine tycoon acquires Red Roof Inn majority   30 Aug, 2015

Singapore tycoon Tan Boy Tee, best known for his maritime business, is taking a plunge in the hotel business in the U.S. with the purchase of a majority stake in the 89-hotel Red Roof Inn portfolio. Tan made the acquisition through his privately held company Bestford Capital and teamed up with...More>>

blank Newswire
Occupancy rates in Asia up in July, performances vary   30 Aug, 2015

Occupancy rates at hotels in Asia Pacific rose 2.1 percent to 70.7 percent in July, at least when reported in US dollars. Hospitality intelligence provider STR Global reported the rise last week, noting that average daily rates (ADR) increased 1.1 percent to $105.12 with a 3.2 percent increase in...More>>



© 2015 Questex Media Group LLC. All rights reserved.
Reproduction in whole or part is prohibited.