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CBRE finds Q1 2015 European hotel investment hit $4.25 Bln   18 May, 2015

European hotel investment has seen year-on-year growth of 116 percent. This has been led by a number of factors, including high investor appetite for consumer-driven real-estate asset classes in a time of low inflation and rising consumer spending.More>>

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Japan's SoftBank to invest $100M in budget platform Oyo Rooms   18 May, 2015

Softbank, an existing investor in e-tailer Snapdeal, taxi-hailing service Ola and realty portal Housing.com, is looking to pick up a 25-percent to 30-percent stake in the startup founded by Ritesh Agarwal. OYO Room rates are inclusive of taxes and are equipped with air-conditioning, TV, free...More>>

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Las Vegas' Hooters Casino Hotel sells for $70M    18 May, 2015

Las Vegas' Hooters Hotel has been sold to Trinity Hotel Investors, a New York investment group.More>>

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Legoland Hotel opens in Winter Haven, Fla.   15 May, 2015

The five-story hotel has 152 rooms. Rooms have free Wi-Fi, offer views of the Legoland Park, and come in four Lego themes: Pirate, Adventure, Castle and Friends. Each room also has a scavenger hunt for kids.More>>

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Controlling bed bug infestations   15 May, 2015

While hotels can perform integrated pest- management techniques to reduce the level of activity from the majority of pests that find their way indoors, the same cannot be said for bed bugs. Traveling on guests and employees, bed-bug infestations are limited only by a hotel's ability to catch them...More>>

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First Home2 Suites opens in Lexington, Ky.   15 May, 2015

Owned and developed by Cohen Realty and Vista Host, Home2 Suites Lexington University/Medical Center is managed by Vista Host. Located at 126 East Lowry Lane, the hotel offers guests access to downtown Lexington, area hospitals and the University of Kentucky, all of which are within three miles.More>>

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Madison, Wis., gets its own Graduate hotel   15 May, 2015

The 72-room hotel, formerly the Campus Inn, is located alongside Lake Mendota on historic Langdon Street, adjacent to the State Street dining and entertainment area and two blocks from the University of Wisconsin-Madison's campus. Joining Graduate Athens in Georgia and Graduate Tempe in Arizona,...More>>

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How Choice's new website aims to drive revenue   15 May, 2015

Choice Hotels is upgrading its digital presence with a new website and increased priority on a strong digital presence. Karmela Gaffney, VP of digital commerce at Choice, said her team spent more than 45,000 hours testing more than 375 designs for a new site.More>>

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The Hotel Group Celebrates 1,000th hotel opening with Washington Courtyard   15 May, 2015

The 1,000th celebration, held on March 31, was kicked off by a ribbon cutting including welcome remarks from Marriott executive Janis Milham, SVP, modern essentials and extended stay brands; The Hotel Group's Lara Latture, COO; and the Walla Walla Valley Chamber of Commerce president & CEO, David...More>>

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Fibra Inn buys Mexico's Holiday Inn Reynosa   15 May, 2015

The acquisition price was $6.89 million, and land will be acquired for $730,000. An additional $5.5 million will be destined for a 100-room expansion and $1.7 million for taxes and acquisition-related expenses, for a total investment of $14.8 million. Fibra Inn's internal management approved the...More>>



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