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Aimbridge Hospitality to manage new Marriott Courtyard in Midlothian, Texas   17 Dec, 2014

Developed by Gatehouse Capital Corporation of Dallas, the hotel is located adjacent to the Midlothian Conference Center and will have 105 guestrooms, flexible meeting space, a multi sport play court, a swimming pool and children's outdoor play area. The hotel is adopting an accelerated construction...More>>

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Alternative loyalty program Universal Points launches   17 Dec, 2014

The Universal Points program works by giving guests 5 percent of what they spend at a Universal Points hotel back as a reward through PayPal or Virtual Visa after their stay - as long as they book direct with the hotel and not through an online travel agency. Participating hotels do not pay...More>>

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HREC arranges sale of Sheraton Denver Tech Center   17 Dec, 2014

HREC Investment Advisors successfully brokered the sale of the Sheraton Denver Tech Center, in Greenwood Village, a suburb of Denver, representing the seller of the 263-room full-service hotel. The selling group consisted of funds affiliated with Varde Partners, Waramaug and Interstate Hotels. More>>

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Hyatt sells Toronto Park Hyatt for $90M   17 Dec, 2014

Oxford Properties Group has purchased the 346-room Park Hyatt Toronto hotel from Hyatt for approximately US$90 million or $260,000. Oxford intends to spend approximately $25 million more in additional capital expenditures over the next five years. Hyatt will continue to operate the hotel. More>>

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L.A.'s Ace hotel hits the market less than a year after opening   17 Dec, 2014

Now you can be the owner of one of the hipper brands on the market. Word out of Los Angeles is that the Ace hotel there is on the market. This according to the Los Angeles Business Journal, which writes that the owner, Greenfield Partners, is seeking $550,000 per room for the 182-room hotel.More>>

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For 2015, it’s all about striking while the iron is hot   17 Dec, 2014

The transactions market is bubbling, lending is loosening, rates are climbing and millennials are traveling: What’s not to love about the hotel industry right now?More>>

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Dublin offers value for high-end hotel developers   16 Dec, 2014

The city's economic recovery is well underway, and a new report from global hotel consultancy HVS London indicates that Dublin has many opportunities for hotel developers, particularly in the luxury and economy sectors, according to.More>>

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Thirty percent of U.S. smartphone owners will use Apple Pay and Google Wallet during the holidays    16 Dec, 2014

Thirty percent of U.S. smartphone owners plan to use mobile payment offerings such as Apple Pay or Google Wallet for shopping in stores this holiday shopping season, according to a consumer survey.More>>

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Blackstone makes big investment in Singapore   16 Dec, 2014

Investment group Blackstone and Malaysia's CIMB Bank will invest in three Sentosa Cove properties in Singapore owned by City Developments (CDL), including the W Singapore hotel, in a complex transaction valued at S$1.5 billion, or around US$2 billion.More>>

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Questex partners with Asia Hotel Forum to expand presence in China   16 Dec, 2014

Questex Hospitality + Travel, a media, event and e-commerce company serving the global hospitality and travel industry, today announced it has teamed up with China-based Centre of Asia Hotel Forum (AHF), a leading hotel investment event organizer focused on the Chinese market, to introduce the...More>>



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