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IHG to operate first Tasmanian Crowne Plaza   25 Mar, 2015

The $45-million Crowne Plaza Hotel is being developed by Tasmania-based Kailis Group as part of the ICON complex in Hobart’s central business district. The Liverpool Street property is set to open in 2017.More>>

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Provenance Hotels acquires full stake in Portland's Sentinel   25 Mar, 2015

Provenance Hotels has acquired Woodbine Development Corporation’s 50-percent interest in the Sentinel hotel, in Portland, Ore., and now owns and controls 100 percent of the property that opened in March 2014. The acquisition comes on the heels of Provenance Hotels’ partnership with Thayer...More>>

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U.S. hotels 2014: Investors spent $27.8bln on acquisitions and developments   25 Mar, 2015

Hotel investors spent $27.8 billion on property acquisitions and developments during 2014, according to the Hotel Transaction Almanac and the Hotel Development Almanac, compiled by STR Analytics. During the year, $18.5 billion in hotels changed hands while another $9.3 billion in new hotel projects...More>>

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Red Lion converts hotel in Eugene, Ore.   25 Mar, 2015

The Red Lion Inn & Suites Eugene converted to the brand overnight, and offers complimentary breakfast, a fitness center, a business center, Wi-Fi and guest laundry. RLHC officials said the company plans to grow to 100 hotels in 100 weeks.More>>

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Four Seasons picked for redevelopment of NOLA's WTC   25 Mar, 2015

Looks like Four Seasons is coming to New Orleans. As local WGNO reports, the "worn out" World Trade Center building at 2 Canal Street is set to become a Four Seasons hotel after the design and construction team of Carpenter and Co. / Woodward were selected out of a pool of five finalists.More>>

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Hospitality Lodging Systems to open first Haven Hotel   25 Mar, 2015

The hotel, formerly a Ramada Inn, is scheduled to open April 1 in Duncanville, Texas. The two-floor property has 123 rooms, including six suites, outdoor pool, 24-hour fitness center, onsite restaurant and a 6,000-square foot ballroom with another 700 square feet of meeting room space. More>>

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Apollo to sell Great Wolf Resorts for north of $1 billion   25 Mar, 2015

Water parks are not all child's play. In a deal first announced last night, private equity firm Centerbridge Partners is set to acquire Great Wolf Resorts, the largest U.S. operator of indoor water parks, for $1.35 billion, including debt, from Apollo Global Management. More>>

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Boutique lifestyle brands gain traction in Europe's cities   25 Mar, 2015

As millennials seek out more intimate, exclusive experiences in their European travels, international hotel brands are looking to launch boutique properties in some key gateway cities. Here's a look.More>>

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Social media boosts hotel occupancy   24 Mar, 2015

Hotel properties that actively engage with social media reviews grow occupancy at double the rate of properties that don't, according to a study released by Medallia. The study examines customer and business data from more than 4,400 hotel properties worldwide to understand and quantify the impact...More>>

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Inside look: Pittsburgh, Pa.   24 Mar, 2015

Hotel owners/franchisees need to keep an eye on their market. What is your market's average daily rate, occupancy and total revenue per available room? Are you getting your fair share? What are your opportunities to expand or grow business? As part of our market snapshot series, today Hotel...More>>



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