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SpringHill Suites Opens in Quakertown, PA QUAKERTOWN, PA—A new 89-suite SpringHill Suites by Marriott has been opened here by Marriott International. Continued... Posted Today - 10:31:21 AM |
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Utah Gains First Hyatt Place SALT LAKE CITY, UT—The Hyatt Place brand has made its entrance into the state of Utah with the opening of the Hyatt Place Salt Lake City/Downtown/The Gateway here. Continued... Posted Today - 10:24:07 AM |
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Speakman Debuts Combination Shower Line NEW CASTLE, DE—Speakman Company is rolling out a full line of combination shower products Continued... Posted Today - 10:19:06 AM |
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Generation Co's To Manage NC Suburban Extended Stay Hotel RESEARCH TRIANGLE PARK, NC—The Generation Companies, LLC, based here, will manage the Suburban Extended Stay Hotel in Jacksonville, NC, which is currently under construction and slated to open early next year. Continued... Posted Today - 9:40:42 AM |
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Bungalow Hotel Opens In Long Branch, NJ LONG BRANCH, NJ—The Jersey Shore has gained its first luxury boutique hotel with the opening of Bungalow Hotel here. Continued... Posted Today - 9:06:03 AM |
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Hilton Returning To Panama With Four Properties BEVERLY HILLS, CA—Hilton Hotels Corp. has made a significant return to Panama with the signing of four multi-year agreements involving franchises and corporate management contracts. Continued... Posted 5/14/2009 - 12:17:52 PM |
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Kimpton Schedules Baltimore Debut BALTIMORE, MD—Kimpton Hotels & Restaurants enters the Baltimore market this summer with the opening of a 202-room Hotel Monaco. Continued... Posted 4/23/2009 - 7:33:08 AM |
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PKF Forecasts Deep, Long Recession For Hotel Industry ATLANTA—According to the latest report from PKF Hospitality Research, U.S. hotels have entered the initial stages of one of the deepest and longest recessions in the history of the U.S. lodging industry. Continued... Posted 12/10/2008 - 9:51:35 AM |
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Red Roof’s First NextGen Prototype Property Opens LOCUST GROVE, GA—Red Roof’s first new NextGen prototype property has made its premier here. The 64-room, newly constructed property is a franchise. Continued... Posted 4/16/2009 - 10:37:03 AM |
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HB ON THE SCENE:
At Annual Conference, NABHOOD Remains Bullish On Lodging Opportunities ATLANTA—While talk of recession blows across the lodging landscape, the mood remains positive and the attitude is one of can-do by the members of The National Association of Black Hotel Owners, Operators and Developers, Inc. (NABHOOD), who are holding their 12th annual International Multicultural Tourism/Hotel Ownership Summit and Trade Show here at the Atlanta Marriott Century Center. Continued... Posted 7/18/2008 - 7:28:45 AM |
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Starwood Appoints New Global Development President WHITE PLAINS, NY— Simon Turner has been appointed as the new president of global development for Starwood Hotels & Resorts Worldwide, Inc. Continued... Posted 4/22/2008 - 11:11:01 AM |
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Hilton Executive Changes Also Involve Carter, Keltner, Wang and Harvey BEVERLY HILLS, CA— In conjunction with its appointment of ex-Sunstone Hotel Investors President and CEO Steven Goldman as its new president of global development and real estate, Hilton Hotels Corp. has also promoted three other executives. Continued... Posted 3/7/2008 - 9:54:21 AM |
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HB ON THE SCENE: Investors, Lenders Analyze Credit Crunch At 2008 Meet The Money HENDERSON, NV— The affects of the credit crunch and the cyclical hotel industry downturn have been discussed across the lodging industry ad infinitum for the past few months, with doom and gloom scenarios the subsequent by product. Today, at the 18th annual Meet The Money conference here, it seemed as if the hotel investment and lending community finally came to grips with these facts and, more importantly, made the first proactive steps toward actually figuring out how to handle it all. Continued... Posted 5/8/2008 - 12:45:24 AM |
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Watermark, W.P. Carey Venture Seeks REIT Status NEW YORK—According to filings with the United States Securities and Exchange Commission, a newly formed venture between W.P. Carey and Watermark Capital Partners—Carey Watermark Investors Inc.—is seeking real estate investment trust (REIT) status in order to acquire, own and dispose of lodging and lodging-related properties. Continued... Posted 4/11/2008 - 5:02:10 PM |
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Sheraton To Open Another 54 Properties By 2009 WHITE PLAINS, NY— As part of Sheraton Hotels & Resorts’ expansion and brand revitalization initiative, the brand is now poised to open 54 hotels with 20,000 rooms by 2009. Furthermore, such an expansion will involve $2 billion worth of new hotel openings in North America moving forward. Continued... Posted 4/8/2008 - 9:49:45 AM |
- Featured News & Columns
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Recession Forecasting Issues Should Prompt Hoteliers To Do Own Homework The ongoing recession has created its share of challenges for the hotel industry and far too many to list in this space. But there is one aspect of the business that has become downright impossible—forecasting. Well, forecasting accurately that is. Continued... |






















