According to a recent article by the Associated Press, the Saudi billionaire prince with the majority of stocks in the Citigroup wants to buy all the shares from the Kingdom Hotel Investments.
The Associated Press reported:
“In an e-mailed statement Monday, Kingdom Holding Co., headed by Prince Alwaleed bin Talal, said its Kingdom K-5-KR211 unit will offer $5 for per share and GDS for the 44 percent stake it does not already own in in KHI. It valued KHI at $843 million.
Alwaleed, ranked this month by Forbes as the world’s 19th wealthiest billionaire, said the deal offers minority stakeholders short-term liquidity at attractive terms.”
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Billionaire was robbed in Four Season Hotel
Mr. Pepe Fanjul, the billionaire sugar baron, was robbed at the Four Season Hotel in Los Angels during his visit for the Oscars. The thief run away with a total of $45,000 in jewelery.
It was like a movie, Mr. Fanjul was in his suite at the Beverly Hills Four Season Hotel when he was robbed by the thief known as “Ricco Suave”
Mr. Fanjul commented: “We were victims of a robbery at the hotel. He took my wife’s jewelry that was both valuable and sentimental. We are OK and have reported the incident to the police.”
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Accor Hotel Won’t Recover Easily
According to a recent report by Accor Hotel, they believe they won’t be able to recover from the global crisis any time soon. They believe it will take them at least 5 years to recover revenues.
Peter Verhoeven, chief of the company’s German operations said: “We have lost about 15 percent of revenue, and we won’t be able to increase prices by more than 3 percent per year in Germany.”
The situation is critical and Accor Hotel is Europe’s largest hotelier, which means that small hotels might be able to take advantage of this situation, by lowering their prices.
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Best Western in Puerto Rico
The former Best Western Hotel in Puerto Rico has expanded its location to open a new Convention Center and Casino.
Mark Williams, vice president, North American development for Best Western International said: “We’re very pleased to open the brand-new Best Western Pichi’s Hotel Convention Center & Casino in Guayanilla.”
He also commented:“Not only is it a popular leisure destination, but Puerto Rico is also a highly traveled corporate market, and our amenities will appeal to guests whether they’re in the area for work or play.”
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Embassy Suites Savannah- Airport
The Embassy Suites Hotel has recently announced its opening at the Savannah Head International Airport in Georgia.
Jim Holthouser, global head of Embassy Suites Hotels commented:“We are excited to expand our presence in Georgia as we open the first Embassy Suites in the Savannah area and the first Flying Spoons restaurant in the state.”
He also added: “With close to 75 percent of our development pipeline featuring the Design Option III build, developers are recognizing the outstanding product and tremendous value offered in the new option.”
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Choice Hotels Has 36 New Hotels
Choice Hotel International has announced the opening of 36 hotels in the month of January. Choice Hotel International decided to go big and opened the hotels in a total of 14 different states around the U.S. and in nine countries.
The hotels will feature LCD televisions, business centers, refrigerators, microwave and everything that will make your stay amazing
There will be more than 3,500 rooms around the U.S. and the countries such as Poland, Australia, France, Norway, Germany, Canada, and Mexico.
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Marriott might suffer to recover from the crisis
Apparently, the giant chain hotel Marriott has been suffering from last year’s global crisis and it hasn’t been easy to recover since that.
Marriott President Arne Sorenson told the Reuters Travel and Leisure Summit: “The most over-the-top excesses will probably be a long time — if ever– coming back”
He also commented that the Marriotts in the U.S. were the hotels that showed 9% less revenue compared to other Marriotts around the world.
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Taliban Militants Attack Hotel
The Wall Street Journal has recently announced in one of their articles that Taliban militants have attacked a hotel in Kabul, killing at least 17 people at the Safi Landmark Hotel.
“A spokesman for the Afghan Ministry of Health said that nine bodies and at least 25 injured people have been brought to local hospitals.”
“Foreigners were among the dead and wounded, he said. A Taliban spokesman, Zabihullah Mujahid, claimed responsibility and said five Taliban suicide bombers took part in the operation.”
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LaSalle Hotel 4Q Loss
The Wall Street Journal published the following article about LaSalle Hotel 4Q Loss:
“LaSalle Hotel Properties (LHO) posted a wider fourth-quarter loss as the upscale hotel real estate investment trust posted lower revenue. But occupancy grew.
Shares fell 1% to $19.75 in after-hours trading as the company projected per-room revenue to fall another 4% to 6% this year.
LaSalle, which owns 31 hotels in 11 states and the District of Columbia, reported lower room rates and revenue per available room throughout 2009.LaSalle reported a loss of $4.9 million, compared with a year-earlier loss of $2 million.”
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Luxury Hotels Spa
As every year the company Spa Star completed its annual data about spas in luxuries hotels around the U.S.
According to their data, there has been a decrease of Average Treatment Rate(ATR) of 4.5% in 2009 compared to 2008.
Jan Freitag, STR’s vice president of global development commented: “When comparing luxury hotel spas’ 2009 ATR (US$135.40) and the ASR (US$59) to the luxury hotel industry’s ADR (US$243), it might bring up the question as to whether the spa segment will receive increasing attention from general managers going forward.”
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Sheraton Hotels Expands Around the World
The famous chain of hotels Starwoods & Resorts Worldwide, Inc., has announced its plan to expand around the world starting in 2010 until 2012.
The chain is planning to open 50 new hotels and over 20,000 rooms in 15 countries, including the U.S., Russia, Colombia, China, etc.
Simon Turner, President of Global Development for Starwood commented:”Looking ahead, we continue to grow the Sheraton brand’s already robust presence globally by working with our proven development partners to ensure we have best-in-class properties wherever our guests want to travel.”
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Hilton Garden Inn Had To Evacuate Guests
The Hilton Garden Inn in Portsmouth, New Hampshire faced a stressful morning today when a gas leak sickens elven of its guests.
The hotel closed at 10 am after “an exhaust vent malfunctioned and caused a buildup on the basement level of odorless and colorless carbon monoxide.”
Firefighters and ambulances showed up immediately at the Hilton Garden, but thankfully, none of the guests was injured or intoxicated seriously.
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Best Western Opens in Ukraine
The well-known chain of hotels, Best Western International, has recently announced the opening of its first hotel in Ukraine.
The Best Western Sevastopol Hotel in Sevastopol, is located right on the sea port, in a great cultural area of the country.
Suzi Yoder, Vice President of International Operations at Best Western International commented:“With the first Best Western property in Ukraine, travelers are able to stay with a trusted friend while exploring a city and nation rich in history.”
“The Best Western Sevastopol Hotel will be ideal for foreign tourists and business people traveling in and out of Crimea’s main resort destination.
U.S.A Performance for January 2010
The United States faced a critical year in 2009 with the global crisis and one of the most affected industries was the hospitality.
According to the STA database report, the U.S. has ended “the week virtually flat with a 0.8-percent decrease to 48.4 percent. Average daily rate dropped 4.8 percent to finish the week at US$95.34. Revenue per available room for the week fell 5.6 percent to finish at US$46.14.”
This is just the begging of 2010 and there is time to recuperate what has been lost, but apparently the U.S. is still facing economic problems in the hotel industry.
Canada Performance
In a recent report, the Canadian hospitality industry has posted mixed results of its performance for the first month of 2010.
According to the STR database the occupancy for the hotel industry ended with a decrease of 58%, while “revenue per available room for the week rose 1.1 percent to CAD$65.50.”
“Among the provinces, Manitoba reported the only double-digit occupancy increase, rising 10.0 percent to 61.4 percent, followed by New Brunswick with a 9.1-percent increase to 45.6 percent. British Columbia experienced the largest occupancy decrease, falling 11.0 percent to 51.9 percent.”
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Drastic Change in China’s Hotel Performance
According to a recent report by STR Global, China had a drastic change in its hotel performance in 2009. In contrast to China’s fast growing economy, the hospitality industry has been suffering since the beginning of last year.
Experts and professionals had predicted that China’s economy will soon overtake Japan’s; however, the decline in RevPAR went down 21 %.
“The nationwide downturn in hotel performance nevertheless reflects the impact of the global financial crisis of late 2008 and 2009.”
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New Members will Work at Hotel Brokers International
Hotel Brokers International (HBI) is well-known to be one of the largest brokerage organizations in the country. With more than 30 offices, the HBI has recently announced a change in its board officers.
“Mr.Tony DeGeorge, CHB, of Greene, Canfield, DeGeorge, Ltd. will succeed Jeffrey W. Westgor, CHB, of Westgor & Associates, Inc. as president.”
President DeGeorge commented: “The past year brought numerous changes to our industry and in turn to our organization. As individual brokers we were unable to control the economy and its impact on the hotel real estate industry; yet, collectively as an organization we took control in moving HBI forward for the coming year.”
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EcoGreen Hotel
The SBDC for Enterprise Excellence and EcoGreenHotel is pleased to announce its first invitation to visit the hotel and to enjoy the presentation of the rapidly changing green hospitality industry.
Mr. Jeff Kiec, Corporate Director of Sustainability for EcoGreenHotel, will be in charged of presenting energy efficiency as well as innovative technologies and green marketing for managers.
Among some of the studies,you will find:
• “Eco labels” for hotels
• Swimming pool energy and chemical use reductions
• Wireless Energy Management Systems
• Guest room and back of the house recycling programs
• Web-based marketing strategies
Tuesday, February 16th 2:00pm – 3:30pm
Please RSVP to JKiec@EcoGreenHotel.com
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Marriott Hotel Is Waiting for 4Q Results
Marriott International, Inc. has announced that they are waiting for the fourth quarter results, as they are not yet available. However, the company believes that the last quarter of 2009 might have better results compared to last year’s report.
Mr. Marriott said: “For Marriott, the fourth quarter looked better than we expected outside North America, while things in the U.S. and Canada were also a little better. Leisure travelers are responding to the terrific values we’re offering. We’ve also seen business travel and large meetings start to pick up, which is big for our industry.”
It is a matter of time, results will be posted soon and Marriott International Inc. will be able to evaluate their situation for the last quarter of 2009.
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Hyatt Hotel Opens in Fort Lauderdale Airport
The new Hyatt Place Fort Lauderdale Airport-South was opened thanks to the hard work of the Hyatt Hotels & Resorts and OTO Development, LLC.
The hotel features 149 spacious rooms, all with a 42′ HDTV, complimentary WiFi, complimentary continental breakfast a more than 1,500 square feet of meeting space.
Corry Oakes, CEO and president, OTO Development, LLC commented:”Annually, more than 20 million passengers are already flying through Hollywood International Airport and nearly four million cruise passengers are utilizing Port Everglades.”
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Radisson Blu Madrid Prado Opens
The Radisson Blu Madrid Prado is a boutique hotel located just across the Prado Muesum in Spain. The hotel will be managed by the Rezidor Hotel Group.
The Radisson Blu Madrid Prado has 54 guestrooms designed by Spanish interior designer Sandra Aruela and Isabel Lopez.
Kurt Ritter, President & CEO of Rezidor commented: “This hotel is a perfect addition to the young and stylish portfolio of Radisson Blu. We are delighted to be present in the key market of Madrid now and look forward to our further future business development in Spain.”
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New Crowne Plaza Hotel in Florida
The InterContinental Hotel Group has recently announced that the Crowne Plaza is officially opened after an important renovation that last for more than six months.
Mark Kane, general manager, Crowne Plaza Jacksonville Airport commented: “We are excited about the recent renovations that have taken place at our hotel.”
He also said:”These improvements, along with being the largest and newest hotel near the Jacksonville airport, will allow us to provide an upscale guest experience for both business and leisure travelers visiting the city.”
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Whyndham Hotel Group
The Apollo Hotel Amsterdam joins the Wyndham Hotel Group and it will be the firs hotel in the Netherlands by the Whyndham Hotel Group.
The hotel has 223 rooms and it is focused on travelers for business and leisure as well as groups. The hotel has a convenient location, close to World Trade Centre Amesterdam, Royal Concert Hall and the
city’s museum.
Francesco Monaco, Apollo Hotels & Resorts managing director commented:”We are proud to be selected as the first Wyndham brand hotel in the Netherlands. In recent years we have invested significantly in facilities and service, creating a clear market positioning and enabling us to target a higher-end customer
Viceroy Hotel Group
Viceroy Hotel Group has recently announced that the group “has been selected as operator of the renowned Los Angeles luxury hotel, L’Ermitage Beverly Hills.”
The hotel has 119 rooms and it has been managed by Raffles Hotels & Resorts since 2000. The new L’Ermitage Beverly Hills will be refurbished and it will relaunch in late 2010.
Korzen commented: “L’Ermitage Beverly Hills is an ideal addition to our company’s expanding portfolio of luxury hotel properties. With its superb location and unrivaled reputation for excellence, the hotel is a particularly good fit for the Viceroy Hotels and Resorts brand.”
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Green Hotel in Jackson, MS
Kana Hotel Group has been helped by EcogreenHotel to open one of its many Green hotels. Kana Hotel Group’s President commented that he had three main reasons to change Green.
“First, it’s simply the right thing to do. We want to be a responsible business. Profitability is another reason. Energy costs greatly affect our bottom line; in this tough economic environment, anything we can do to reduce expenses without sacrificing guest satisfaction is very important.”
And he finally said:”The third reason – it’s what our guests and team members want. More companies and guests are choosing greener hotels with all else being equal, so this is another competitive advantage that we’re trying to achieve for our hotel. And the greening process has been fun and meaningful for our team members.”
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New Holiday Inn in Las Vegas
The chain of hotels Holiday Inn has recently opened the new Holiday Inn in Las Vegas located just 3 miles from McCarran International Airport.
The hotel has 129 rooms and among its amenities you can find that the hotel features 42′ LCD HDTV, Serta(R) Plus mattress and free High-Speed internet access.
A spokesman commented:”We are excited to be the only full service Holiday Inn in Las Vegas. We offer a beautiful brand new hotel with all the amenities to ensure a Vegas-rich experience without having to go all in with your bank account.”
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Starwoods Opens in Peru
Starwood Hotels & Resorts Worldwide, Inc. in conjunction with Libertador Hotels, Resorts & Spas from Peru, have joined in a franchise agreement to develop first of three Luxury Collection Hotels in Peru.
CEO Jorge Melero from Libertador Hotels, Resorts & Spas stated: “The Luxury Collection brand has important penetration in South America and allows us to keep the identity of places we have and cherish.”
He also commented:”Our strategic plan for the next five years extends beyond Peru’s borders, and we look forward to future collaborations with Starwood.”
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Hyatt Will Open 3 New Hotels in China
Suning Real Estate Development Co. and Hyatt Hotel Corporation have signed an agreement for Hyatt subsidiaries to provide management services for the new three hotels that Hyatt will open.
Grand Hyatt Nanjing will open in 2013 while Hyatt Regency Wuxi and Hyatt Regency Xuzhou are planned to be opened in 2012.
Steve Haggerty, global head of real estate and development for Hyatt Hotels Corporation commented: “These future openings in three of China’s most dynamic growth centers will further strengthen the Hyatt-branded portfolio in the country. We look forward to delivering authentic hospitality to business and leisure travelers.”
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Hilton Hotels Expand in Greece
One of the most well-known hotel chains will expand in Greece. Hilton Worldwide is marking the beginning of what promises to be a significant change in the hotel industry on the Island of Kos in Greece.
The hotel is scheduled to open in May 2010 and it will operate as a Doubletree by Hilton Resort. Hilton Worldwide has singed a a franchise license with Akti Helona S.A to operate the hotel under the brand of Doubletree.
N.J. Andriopoulos, President of Lakitira Hotels and shareholder of AKTI HELONA, the management company for the resort: “All of us at the LAKITIRA HOTELS Group are delighted that our brand new resort hotel in Kos – Helona – today joins Hilton Worldwide to become the first Doubletree by Hilton Resort in Greece.”
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U.S. Hotels Increased Occupancy
According to the latest report of STR, the U.S hotel industry showed a significant increase in occupancy and revenue per available room during the holidays.
During the week of December 27th, 2009 until January 2nd, 2010, U.S. Hotels indicated positive numbers. This situation was seen back in December 2008.
The report from the STR stated:”In year-over-year measurements, the industry’s occupancy increased 5.9 percent to end the week at 45.5 percent. Average daily rate dropped 4.0 percent to finish the week at US$99.79. RevPAR for the week rose 1.6 percent to finish at US$45.37.”
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Hyatt’s Management Agreement in India
The Hyatt Hotel has announced its management agreement with DB Hospitality Pvt. Ltd starting on mid-2010. The Park Hyatt Mumbai, Grand Hyatt Goa, Grand Hyatt Pune, Hyatt Place Pune, and Hyatt Place Mundra will be manage by DB Hospitality Pvt. Ltd.
Ratnesh Verma, senior vice president of real estate and development for Hyatt said: “The introduction of five new Hyatt properties in India, one of the world’s most vibrant emerging markets, illustrates our commitment to expanding our global footprint.”
He also said:” We are excited to provide our guests with access to our world-class, preferred brands in these increasingly popular markets in India.”
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RIU Opens First Hotel in Brazil
It has been recently announced that the chain of hotels and resorts RIU will open its first hotel in Brazil. The new 5-start RIU Enotel will be located in Porto Galinhas and it will be ready to receive guests as of April 2010.
The Hotel will feature 348 rooms that include double rooms, junior suites, superior junior suites and suites. It will be 24-hour All-Inclusive services and guests will be able to enjoy from Brazilian to Italian food.
“The Riu Enotel will be offering a wide-ranging activities and entertainment programme. An activities programme for children ages 4 to 12 will be offered every day and there will be another programme for adults. Guests will be able to enjoy shows and live music several times a week.”
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Texas Will Host HITEC 2011
The Hospitality Financial and Technology Professionals have recently announced that the HITEC conference will be held in Austin, Texas during the month of June in 2011.
Frank Wolfe, CAE, CEO of HFTP said: “Austin is the headquarters of HFTP and it is our honor to share this vibrant city with the hospitality technology industry. We heard a lot of great feedback about Austin when it hosted HITEC 2008 and I believe attendees will enjoy how close hotels, restaurants and entertainment options are to the convention center.”
This year’s conference will be held June 21-24 at the Orange County Convention Center in Orlando, Florida. For more information, visit www.hitec.org or contact the HFTP Meetings & Special Events Department at education@hftp.org, (800) 646-4387 or +1 (512) 249-5333.
Verdanza Hotel Opens
The Verdanza Hotel in San Juan has officially opened its doors to customers. This will be the first hotel with full-service in San Juan.
It is located close to the beach in the Isla Verde district. The hotel has 222 rooms with 20 suites and more than 15,000 square feet of meeting and banquet space.
Ricky Newman, general manager said: “The new Verdanza Hotel is all about personalized service, attention to the small details and an overall experience that allows our guests to feel one with the true vibe of San Juan.”
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Four Palace Resorts in Mexico
The Four Palace Resorts in Mexico has joined Wyndham Hotels and Resorts, which means that Beach Palace(R), Cancun; Isla Mujeres Palace(R), Isla Mujeres; and Playacar Palace(R) and Xpu-Ha Palace(R), both in Riviera Maya, will be part of the Wyndham Hotels and Resorts.
Jeff Wagoner, Wyndham Hotels and Resorts president said: “The marriage of our global brand and distribution system with the outstanding Palace Resorts brand and these four all-inclusive properties in Mexico will be mutually beneficial for both companies and our guests.”
He also said: “‘We take pride in welcoming these resorts, known for their exceptional service and luxurious all-inclusive amenities, to the Wyndham family.”
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Country Inns & Suites Opens in Washington, Pa.
Country Inns & Suites by Carlson is oficially opened in Washington, Pa. The 81-room hotel is located in a nice business area of Washington.
Steve Mogck, executive vice president and CEO for Country Inns & Suites By Carlson commented: “We’re very excited to bring another Country Inns & Suites By Carlson to this region. All employees will participate in our ‘Be Our Guest’ service training program, to ensure consistent delivery of quality customer service at our hotels.”
He also said:”This hotel is a wonderful addition to our community. We are confident that this recognized brand and lodging concept will help us grow and prosper in the future.”
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Hilton and Virgin America Partnership
Hilton Worldwide and U.S. Airline Virgin American have announced their partnership to provide travelers more ways to earn free flights.
The U.S. Airline is based in California and the airline is reinventing domestic travel. Now, travelers from the Virgin America’s Elevate Frequent Flyer can earn points to fly for free when they stay at any of the 3,400 Hilton Hotels around the world.
Jeff Diskin, Senior Vice President, Global Customer Marketing, Hilton Worldwide commented: “Hilton Worldwide is always looking for new and compelling ways to reward our Hilton HHonors members. By partnering with one of the most innovative airlines in the U.S., we’re offering members a new way to explore the country in style.”
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Ritz-Carlton Has Plans to Expand in Israel
The famous and prestigious chain of hotels Ritz-Carlton has recently announced its intention to have its first property in Israel.
The property will be located at the marina in Herzliya, a coastal suburb just north of Tel Aviv. The building will be a 110-room hotel and it will include 85 Ritz-Carlton Residential Suites.
Herzliya, Simon F. Cooper, president and chief operating officer commented:”For a number of years, the Ritz-Carlton Hotel Company has recognized the strategic potential of extending our brand to Israel. Having spent several years in Israel earlier in my career as a hotelier, I know the country very well.”
They are planning to have the hotel opened by March 2012.
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Brazil Offers Great Investment Opportunities
Brazil emerged from the global crisis and it offers great investment opportunities for the hospitality industry.
Brazil is the biggest country in South America and it has a variety of climates due to the Amazon forest and the Atlantic Ocean. The Economy is emerging after the global financial crisis, however, Brazil is not an easy country to do business with.
Brazil will host the 2014 World Cup and the 2016 Olympics which it does make the hospitality industry to be attracted to the idea of being part of these big events.
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Where to go in 2010
The famous newspaper, USA Today has published a report about the best places to visit in 2010. They are promoting Germany as the first place to visit as there’s been an increased air service from the U.S.
The USA Today posted:”Germany will be easier to get to in 2010. Starting on March 27, Continental will begin daily nonstop service between Newark and Munich. And in May, Air Berlin, Germany’s second largest airline, will begin nonstop service between San Francisco and Dusseldorf.”
The article also refers to the amount of festivals that this country offers every year and specially during the holidays.
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Rates Keep Going Down in Europe
According to a recent report by Hotel Price Index, European hotel prices are 8% less than December 2008 compared to December 2009.
In the U.K hotel prices have been decreasing significantly, 21% in Manchester and 15% in Edinburgh. This year, European countries are targeting travelers from all over the world to celebrate the holidays in their countries.
Hotels have been lowering their prices per room and managers have commented that they hope this strategy works to attract tourists.
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The Hotel Yearbook
The Hotel Yearbook published by Lausanne, Switzwerland-based will be available online. The 2010 edition will be available as a ‘freemium’ digital format.
Now, readers can easily download the report and save it in PDF Format or they can read it online from the comfort of their offices or homes.
James Wade, Publisher of the Yearbook and Managing Director of Wade & Company said:”Our readers say they are continually impressed with the valuable content The Hotel Yearbook’s contributors provide.”
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HSMAI Global Has a New Official Chapter
The HSMAI (Hospitality Sales and Marketing Association International) has recently launched an official chapter in the United Arab Emirates focusing on Best Practices and Ideas to Grow.
The official ceremony was hosted by Jeff Senior, executive vice president of slaes and marketing for Fairmont Raffles and global chair of HSMAI.
Robert A. Gilbert, CHME, CHA, president and CEO of HSMAI commented: “We are excited that the sales and marketing professionals in this rapidly growing region of the world are now represented by HSMAI.”
He also said: “The value of membership in the association, coupled with the programs that will be produced by this new national chapter, will ensure that hospitality companies in the UAE have access to the latest trends and resources to grow their businesses.”
Hyatt Hotel Will Test the IPO Waters
The Wall Street Jouranl has release an article about the Hyatt Hotel testing the IPO Waters. Apparently, the system was supposed to be installed this past summer, but investors were demanding more than what they should have and the process was delayed.
Jim Rossman, head of U.S. equity capital markets at Macquarie Capital said: “We’re running into renewed volatility in the market that we haven’t seen in some time, and one essential requirement for a robust IPO market is stability in valuation.”
He also commented:”The performance of the market in the last few weeks has impacted IPOs. Buyers are more likely to sit on the sidelines when they see comparable valuations coming down.”
This week, the Hyatt Hotel will be testing the system.
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Novotel Saigon Center To Open in Ho Chi Minh City
Novotel Saigon Centre will be open in 2012 in the centre of Ho Chi Minh City, Saigon. The 350 room hotel will be located in the same area where the current Metropole Hotel is.
Patrick Basset -Vice President for Accor Vietnam, Philippines, South Korea and Japan, commented: “Accor is delighted to be continuing its expansion in Vietnam with this strategically located Novotel, which will be developed by The Que Huong – Liberty Group.”
He also said that: “Currently, Accor operates 4 Novotel’s throughout Vietnam – the most extensive network for any international 4 star brand in the country. The hotel will fulfill a demand for upscale international quality hotels, which has existed in Ho Chi Minh City for some time.”
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New Agreement Signed in Saudi Arabia
Hilton Worldwide has announced the signing of the First Doubletree by Hilton in Saudi Arabia.The new
management agreement with Hamad Bin Abdulaziz Almousa Trading Group of the 304-room building will be open in 2012.
The Doubletree Hotel by Hilton will be located in the Kingdom’s Eastern Province of Saudi Arabia. Jean-Paul Herzog, President, Hilton Worldwide, Middle East & Africa commented:”The Eastern Province is the industrial heart of the Kingdom’s oil and petrochemical industries, resulting in ever-increasing business opportunities and an exponential growth in the number of international and regional visitors.”
This hotel will feature “244 guest rooms and 60 suites, as well as four food and beverage outlets including all-day dining and specialty restaurants, a lobby lounge and a juice/snack bar.”
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New Agreement between School of Hospitalitiy Business
The School of Hospitality Business at Michigan State University has a new agreement with the Univeristiy of Macau, Macao, SAR.
“The People’s Republic of China, has been signed to foster cooperation in education and research between the two institutions.” The goal is to extend its reach globally and to encourage academic collaboration between faculty members and students from both universities.
Dean James Rainey, The School’s director of Academic Programs, commented: “The Agreement provides a wide variety of possible linkages for our faculty and students. I am particularly hopeful that Study Abroad opportunities will continue to develop.”
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Hotel Las Palpas in Mexico
Morgans Hotel Group has recently announced a new management contract for the Hotel Las Palpas in Playa del Carmen, Riviera Maya in Mexico.
The hotel is at the present time owned by affiliates of Walton Street Capital, but as today, Walton and Morgans have joint venture partners in the ownership of the Las Palpas Hotel and two other more properties.
Las Palpas is a 75-key beachfront hotel located in the heart of Playa del Carmen, Riviera Maya in Mexico.
Marc Gordon, President of Morgans Hotel Group commented: “We are pleased to be working with Walton Street Capital on another international hotel. The beachfront Hotel Las Palapas in the popular resort destination of Playa del Carmen has great potential.”
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Thrifty Uses Internet for their Travelers
Most Americans use internet to research places and when it comes to travel, they definitly use the internet to search for the best airline price, hotel discounts and car rentals.
Thrifty offers great discounts in association with hotels. They use the online industry to promote the best prices ever when you stay in one of their associate hotels.
Carroll Rheem, director, research at PhoCusWright, said:”In September, PhoCusWright and Compete reported that traffic and conversion was up year over year in most travel categories in Q2 2009.”
She also said:”Consumers are certainly spending less, but they are not giving up travel, nor are they turning away from the Web sites that offer them the selection and convenience they value.”
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New Hotel Opens in Glasgow
The former Royal Scottish Automobile Club building has been remodeled to be opened as a luxurious five star hotel on Tuesday, November 10th, 2009.
The development investment was £25 million and it has transformed the area. Peter Taylor, Chairman of the group, said: “Our aim was to capture the glamour of a bygone era whilst showcasing the latest in designer styling as befits this vibrant and sociable city. We are absolutely delighted with the outcome.”
He also said: “It has been our privilege to have the opportunity to restore this landmark Glasgow property into a contemporary hotel, retaining the unique features and personality for which it became famous.”
The hotel is open and its staff is welcoming guests from all over the world.
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Choice Hotels Launches New Sales & Marketing Training
New Choice Hotels and d’Orleans Hospitality Training have recently announced the launch of the new comprehensive Choice Hotels Effective Sales System workshop.
This workshop will be available for use by its franchisees and their associates to provide Choice-brand hotel management to perform in today’s economic environment.
Bob Kerr, project director of certification programs for learning and performance solutions at Choice Hotels commented: “This new program that we’ve made available to our franchises is yet another way that we at Choice Hotels are constantly looking to provide useful and informational resources that can help our properties succeed in today’s environment.”
He also said:”The CHESS workshop gives franchisees effective take-away tactics and strategies that they can immediately implement at their properties.”
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Aqua Hotels & Resorts Licenses eBuzz
It has been officially announced that Aqua Hotels & Resorts has licensed eBuzz Connect TM Social Media Management Tool under their own brand.
eBuzz ConnectTM allows hotels to monitor, manage and respond to reviews and comments in online channels from their guests.
Amber Watt, Director of Internet Strategy for Aqua commented: “Aqua has been monitoring social media and online guest reviews for some time and the process has been piecemeal and time-consuming. We evaluated several solutions in the market and selected eBuzz ConnectTM because of its powerful reporting and its ability to provide actionable reports that can help improve service to our guests and eventually increase profitability.
He also said that: “Milestone is the ideal provider for Aqua’s internet marketing strategies as the company stays current with the latest online marketing trends and offers cutting-edge technology for the hotel and travel industries.”
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George Schweitzer: New COO at Red Lion Hotels
Red Lion Hotels Corporation has announced that George Schweitzer is the new Senior Vice President, Hotel Operations.Mr. Schweitzer is 54 year-old and he has more than 30 years of experience in the hospitality industry.
Anupam Narayan, Red Lion’s President and Chief Executive Officer commented: “Red Lion has received kudos from analysts and investors for how successfully it has managed its hotel portfolio during this economic downturn, and George has been a large part of that success.”
He also said that: “George has a wealth of management experience, both with Red Lion and with other organizations, and the Board of Directors wanted to recognize George and further demonstrate the company’s support for him as the person accountable for the success of our hotel operations.”
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New Partnership in the Hospitality Industry
Pineapple Hospitality has recently partnered with EcoGreenHotel to distribute Green Hotel Products. The main goal is to supply environmentally friendly products for its new online store.
EcoGreenHotel President Scott Parisi said: “We want EcoGreenHotelStore.com to be the go-to source for quality, affordable eco-hotel products and services. To achieve that aim, we have partnered with Pineapple Hospitality, a superior distribution and marketing company dedicated to providing innovative products and services to the lodging industry.”
He also added that: “Pineapple President Ray Burger built his company and his stellar reputation by providing hoteliers exactly what they want, when they want it – quickly, efficiently and at very fair prices. We couldn’t ask for a better partner in this new endeavor than Pineapple Hospitality and Ray Burger.”
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Sheraton Hotels & Resort Has a New Website
The Sheraton Hotels & Resorts has introduced a new website to the hospitality industry. They will be the first hotel in the industry to use Facebook Connect.
You can visit the website at www.sheraton.com and you’ll find out the new feature of Facebook Connect which will allow vistors to interact with their friends and family.
The Sheraton & Resorts invested $6 billion to revitalize the iconic Sheraton brand around the world. Hoyt H. Harper, senior vice president for Sheraton commented:”The new sheraton.com reflects how people communicate and stay connected today.”
He also said:”Our guests are technologically-sophisticated travelers who are eager to share their experiences through today’s most popular social networking sites, like Facebook.”
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Indigo Hotel Opens in N.C
The hotel Indigo has opened its doors in Asheville, N.C. The 100-room new -building boutique hotel is located at 151 Haywood Street and it is within walking distance of stores and art galleries.
Barbara Kulweic, general manager of the Hotel Indigo Asheville commented about the new opening: “Asheville’s historic and architecturally diverse downtown has been beautifully preserved and is a perfect location for Hotel Indigo.”
She also said: “Through the brand’s interpret indigo design platform, we’ve been able to truly embrace the neighborhood by incorporating the work of local artists and vendors into every corner of the hotel.”
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A Green Marketplace for Hotels
EcoGreenHotel, Inc has recently announced the official launch of its new online store. The online store EcoGreenHotel.com will provide over 1000 products and services for the green hospitality industry.
This will be the first time that the hospitality industry will have a reliable and trustworthy site for their geen suply needs.
Scott Parisi, President of EcoGreenHotel said:” Over and over again, environmentally conscious hotel professionals have told us they wished they could simplify things and purchase their green supplies from one location…and so we set out to create the most comprehensive online source for environmentally friendly hospitality goods and services in the industry.”
If you wish to get more information about the online store, please visit the official website of Eco Green Hotel Store at www.ecogreenhotelstore.com
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ING Will Open in Mendoza, Argentina
IHG has recently signed an agreement for the new InerContinental Hotel in Mendoza, Argentina. The new hotel will be located in city renowned for its spectacular vineyards.
Mendoza is located northwest of Buenos Aires and it has a beautiful landscape to enjoy. The 15-story InterContinental Mendoza will have 218 guestrooms including 62 suites.
Alvaro Diago, COO, IHG, Latin America and Caribbean said: “We are delighted to announce yet another InterContinental hotel in Argentina. A presence in a city such as Mendoza furthers our growth in areas that not only attract business travelers, but are renown as a tourism destination.”
He also said:” In Mendoza’s case, the vineyards are a particular allure, and we look forward to meeting the needs of this broad-base of travelers.”
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NHH Hotels and Resorts Opens Cafe Zest
The NHH Hotels & Resorts opens a completely new restaurant concept that redefines hotel dinning. The Cafe Zest will be available at two of the branded-hotel locations: Embassy Suites Pittsburgh International Hotel and Doubletree Hotel Atlanta/Roswell-Alpharetta.
This development is in conjunction with the Puccini Group of San Francisco which “revolves around a casual dining style within a bright, airy environment seating 75 to 100 people.”
John J. DePaul, president and CEO of NHH Hotels & Resorts commented: “Cafe Zest is an exciting venture for us because it fills a huge need in the marketplace for fresh, wholesome food served in a comfortable, friendly atmosphere.”
He also said: “The restaurant’s personality is upscale yet very approachable. We wanted to create a venue that is complementary to our hotels, and offers a dining experience for both customers and local residents.”
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Marriott International Celebrates 20 Years
The prestigious chain of hotels Marriott International celebrates 20 years in Eastern Europe by signing 2 more hotels deals. Marriott International has signed Courtyard by Marriott in Kazan, Tartarstan, and Irkustk, Rusia.
Amy McPherson, president and managing director of lodging for Marriott International in Europe commented: “We are thrilled by the solid expansion and acceptance our brands portfolio has experienced in the region since we opened our first hotel in Warsaw 20 years ago.”
She also said:”With a footing in most of the region’s capital cities, not to mention six hotels in Moscow alone, we are pleased to see our expansion continue into secondary cities and provincial capitals in countries like Russia where we have established a strong presence. We are confident we are well positioned for continued growth in the region in the years to come.”
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Holiday Inn Express Expands in Baltimore
The Holiday Inn Express expands in Baltimore and it will be the fifth hotel to feature brand’s new sign. The IHG has recently announced that the Holiday Inn Express Baltimore-Downtown opened on September 4th brings 68 guests rooms and 24 job opportunities to downtown Baltimore.
Gina LaBarre, vice president, Brand Delivery, the Americas commented:”This particular location in Baltimore just one block away from the City Hall is an ideal site for the Holiday Inn Express brand to expand due to the proximity to several medical facilities, government buildings and educational institutions.”
She has also said: “We are excited to welcome another Holiday Inn Express hotel to the Baltimore market with the brand’s new sign and everything it represents.”
The Holiday Inn brand will have the largest relaunch in hospitality history. The global estate is expected to be relaunched by the end of 2010.
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W Hotels Worldwide Opens in Barcelona, Spain
The W Hotels Worldwide opens first Western European Hotel with the new W Barcelona in Spain. The 26-story W Barcelona is perpendicular to the dock, showcasing the sea and city view. Authorities from the hospitality industry are referring to the hotel as Barcelona’s very own “Copacabana”.
Eva Ziegler, Global Brand Leader, W Hotels Worldwide and Le Méridien commented: “Taking the W brand into the dynamic city of Barcelona, a European hub known for fashion, design and architecture, will mark a true milestone in W Hotels’ global expansion into the world’s most exciting and vibrant destinations.”
She also said: “W Barcelona offers stunning architecture and innovative design from Ricardo Bofill, a renowned architect. His leading-edge design will set a dramatic stage for the W brand’s unique lifestyle positioning, soon to become a true flagship hotel for the W brand, offering insider access to a world of Wow.”
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The Hotel Valuation Index Report
The 2009 publication of the HVI marks an unprecedented time for hotel values. The market has fluctuated a lot in the past year and a lot of banks bankrupted, hotels have closed and the average price for a room dropped.
The HVI tracks hotels in 65 major markets an in the United States. According to this year’s report, the hospitality industry has suffered more than other industries around the world. This report help hotels to check what they’ve been doing wrong during this time and they can make a change.
The hotel values has significantly decreased in this past year and it has left industry participants in limbo. The question that the HVI report sets is “When will this end?” A question that they encourage authorities from the hospitality industry to think about to make the change
