Debt may spur hotel sales, investment leader predicts
Debt and rising costs of operations and upkeep may compel many owners of hotels in uncertain urban markets to sell… Read More »
HotelPlus bought by fellow Kenya firm HotelOnline
Kenya-based travel technology company HotelOnline has purchased HotelPlus, a software provider with clients in 22 countries. The price was not… Read More »
Vienna House brand bought by Wyndham for $44M
Wyndham Hotels & Resorts is expanding its portfolio by approximately 40 properties with its $44 million purchase of the Vienna… Read More »
Tampa, Fla., airport project gets a go-ahead
The Hillsborough County, Fla., Aviation Authority Board of Directors has approved the third phase of Tampa International Airport’s master plan…. Read More »
CMBS delinquency rates dropped below 3% in Aug.
Last month, CMBS delinquency rates dipped to 2.98%, marking the first time that the figure has been under 3% since… Read More »
Upscale hardware chain joins hotel ownership parade
The RH Guesthouse New York in the city’s Meatpacking District marked the foray by RH, formerly Restoration Hardware, into the… Read More »
Hotels hear wake-up call for most in-demand meal
Hoteliers are embracing breakfast’s solid status as most-favored meal by expanding menus and extending hours, with an eye toward healthier… Read More »
Hotels, leisure brighten dim Beige Book growth outlook
The Federal Reserve’s Beige Book report noted a “generally weak” growth outlook, with “contacts noting expectations for further softening of… Read More »
Diversity initiatives aim to change the face of hospitality
Marriott, Nobu and the Ritz-Carlton are partnering with hospitality programs at schools like Howard University and Florida International University to… Read More »
Utah firm’s $76M bid tops auction of Vermont resort
Utah-based Pacific Group Resorts posted the winning bid of $76 million for Vermont’s Jay Peak Resort in an auction Wednesday… Read More »
Sands fuels Singapore hospitality with $1M scholarship effort
Las Vegas Sands Corp. and its Singapore resort have created a $1 million scholarship program to promote hospitality careers and… Read More »
Marriott Bonvoy boosts loyalty, credit card perks
A new promotion by Marriott International Inc. allows Marriott Bonvoy loyalty members to earn 2,000 bonus points per eligible stay… Read More »
Fla. university partners with Delta to diversify talent
Florida’s Embry-Riddle Aeronautical University helped more than 50 minority high school students to learn about aviation careers through the summer… Read More »
Construction kicks off on new JFK airport terminal
A groundbreaking ceremony marked the start of construction for John F. Kennedy International Airport’s new $9.5 billion Terminal 1. It’s… Read More »
Delta offers Jonas Brothers concert in flight
Starting in October, Delta Air Lines’ inflight entertainment system will offer “Jet Set with the Jonas Brothers,” an exclusive 45-minute… Read More »
UPS begins seasonal hiring, plans faster job offers
UPS is preparing for the holiday peak delivery season by hiring about 100,000 part- and full-time workers. UPS will focus… Read More »
Southwest expands Las Vegas, Denver schedule
Southwest Airlines is significantly expanding its flight schedule in Denver and Las Vegas, where the airline will offer more flights… Read More »
Air Canada looks to increase access to India
Air Canada’s new partnership with Emirates is motivated by the airline’s desire to access the Middle Eastern carrier’s routes into… Read More »
No slowing down for rejuvenated Radisson Hotel Group
The acquisition push that’s highlighted Radisson Hotel Group’s strategic reinvention of the past five years is bound for acceleration, CEO… Read More »
$226M facelift eyed for Sheraton Memphis Downtown Hotel
A proposed makeover of the Sheraton Memphis Downtown Hotel would cost an estimated $226 million and add 300 rooms in… Read More »
IHG says hackers brought down bookings, apps
InterContinental Hotels Group reported Tuesday that its bookings and mobile apps were “significantly disrupted” by a cyberattack, though the company… Read More »
Clemson students with disabilities staff new upscale hotel
The first luxury boutique hotel in Clemson, S.C., dubbed Shepherd Hotel, is doubling as a hands-on teaching vehicle for Clemson… Read More »