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California hotels adopt water-saving measures to counter drought   18 Nov, 2014

Filling fountains with plants, recycling laundry water, planting native species and other creative moves help hotels save water and create an eco-friendly image.More>>

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Strand takes over management of Georgia Wingate   18 Nov, 2014

The 80-room hotel hosts a 2,700-square-foot conference center, a 750-square-foot boardroom, a free hot breakfast each morning, a seasonal outdoor pool, fitness center, business center and both king and queen guestrooms.More>>

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Opinion: U.S. REITs, PE firms face formidable competition from Chinese   18 Nov, 2014

It's safe to say that the sale of the Waldorf Astoria in New York to a Chinese insurance group caught the attention of not only those who make their livelihoods in the hotel industry, but those outside it—from New Yorkers to the U.S. government.More>>

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Mexican REIT FibraHotel acquires Sheraton property, expands Starwood relationship   18 Nov, 2014

FibraHotel, a real estate investment trust specialized in urban business-class hotels in Mexico, has acquired the Sheraton Ambassador Monterrey, adding 229 rooms to FibraHotel's portfolio. The transaction will represent a total investment of $13.5 million by FibraHotel, including a renovation over...More>>

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Marriott developing TownePlace in Estero, Fla., with assist from Hertz   18 Nov, 2014

Marriott is planning to open a TownePlace Suites in Estero, Fla., according to the News-Press. The 114-room hotel will be behind the Coconut Point Mall, which already has a 108-room Hyatt Place. Hertz's relocation of its global headquarters to Estero played a key role in the decision to develop a...More>>

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NorthStar Realty closes on $1.1-billion hotel portfolio   18 Nov, 2014

NorthStar Realty Finance Corp. has closed its acquisition of a $1.1-billion hotel portfolio from Inland American Real Estate Trust. NorthStar Realty now owns a $3-billion hotel portfolio comprised of 155 upscale extended-stay and select-service hotels with 20,250 rooms. More>>

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Strategic jumps back in with Four Seasons Scottsdale buy   18 Nov, 2014

Strategic Hotels & Resorts has been rather quiet of late, but the Chicago-based REIT today announced it has made a luxury acquisition—The Four Seasons Resort Scottsdale at Troon North, for $140.0 million. The deal is valued at $666,000 per key for the 210-room luxury hotel. More>>

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Simplifying hotel operations with cloud-based PMS   18 Nov, 2014

Cloud-based property management systems can not only simplify hotel operations for hoteliers but save quite a bit in infrastructure hardware and maintenance costs, as well.More>>

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SkyTouch integrates with Sabre Hospitality Solutions' CRS   18 Nov, 2014

SkyTouch Technology's SkyTouch Hotel OS platform including property (PMS), rate and distribution management capabilities, is now fully integrated with Sabre Hospitality Solutions' SynXis Central Reservation System (CRS).More>>

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HTNG has new leadership and CIO additions to governing board   18 Nov, 2014

Hotel Technology Next Generation (HTNG) has planned succession of its volunteer leadership and made several high-profile CIO-level additions to its board of governors. Monika Nerger, chief information officer of Mandarin Oriental Hotel Group, succeeds Jeremy Ward as president of the association....More>>



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