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Q1 earnings roll in amid Starwood's admission that it could be sold   29 Apr, 2015

It was quite a stunning day yesterday, as Starwood Hotels & Resorts Worldwide reported its first-quarter earnings. But the real news—surprise—was Starwood's admission that it had retained investment bank Lazard to explore a full range of strategic and financial alternatives to increase...More>>

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Omni and Atlanta Braves combining on ballpark hotel   29 Apr, 2015

The Atlanta Braves and Omni Hotels & Resorts are partnering to develop a new hotel in the mixed-used development adjacent to SunTrust Park in Cobb County, Ga. The Omni Atlanta Hotel at SunTrust Park will have 16 floors and 260 rooms with, approximately 12,500 square feet of meeting space and an...More>>

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Is this China's first homegrown luxury hotel brand?    29 Apr, 2015

The 439-guestroom NUO Hotel Beijing is described as a celebration of both old and new China. Beijing Tourism Group owns the brand, which is being developed in conjunction with Geneva-based Kempinski Hotels. Plans are for 15 hotels in the next 15 yearsMore>>

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The appeal of the human interaction vs. mobile check-in   29 Apr, 2015

Hotels are always looking for new ways to incorporate current technology into the guest experience, with many hotels now offering guests the option of a mobile check-in process. Through this, guests are able to bypass the front desk and use their smartphone as a room key, but some say this option...More>>

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Noble Investment Group acquires Ft. Lauderdale Renaissance   29 Apr, 2015

Noble Investment Group has acquired the Renaissance by Marriott Fort Lauderdale Cruise Port. The hotel is located close to the Las Olas/Downtown central business district, Fort Lauderdale International Airport, the Fort Lauderdale Cruise Port and the Broward County Convention Center. The property...More>>

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Tropicana in Las Vegas to be sold for $360 million   29 Apr, 2015

The Tropicana Hotel and Casino in Las Vegas is being sold for $360 million, reports The Associated Press. A group of shareholders, including private equity firm Onex Corp., say they will sell the 58-year-old Tropicana to the casino operator Penn National Gaming Inc. The deal is expected to close...More>>

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Hotel Equities to manage 21-hotel portfolio across Texas and Oklahoma   29 Apr, 2015

The portfolio is owned by Premier Hospitality Management. Hotel Equities assumes management on May 1, 2015, taking its overall portfolio to 90 hotels in 14 states. As a result of this deal, Hotel Equities will create a regional office in Texas.More>>

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International brand investment indicates optimism for Egypt   29 Apr, 2015

While Egypt is still struggling to bring its visitor numbers back to where they were in 2010, several international hotel companies are signing deals to open new upscale and luxury hotels throughout the country—a strong sign of optimism.More>>

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DC Hospitality appoints Kimberly Glover to VP for hotel sales and acquisitions   29 Apr, 2015

Glover has more than 18 years of experience in real estate sales and valuation, including both conventional and lender-owned REO properties. She most recently managed a team of five full-service brokerage specialists, working directly with Fannie Mae, as well as institutions such as CitiMortgage,...More>>

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Magnuson Hotels rebrands former Florida Choice property   29 Apr, 2015

Formerly franchised by Choice as the Quality Inn St. Augustine, the 84-room hotel will upgrade its local, regional, and national market to attract travelers via an affiliation with Magnuson Hotels' global portfolio of nearly 1,000 hotels.More>>



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