AH&LA Applauds Complete Support from Florida Congressional Delegation
Washington, June 10, 2015— The American Hotel & Lodging Association (AH&LA), the sole national association representing all segments of the 1.8 million-employee lodging industry, today praised...
View ArticleAnother Take on Hospitality Trends for 2015
By Jana LoveWhat are Millennials? According to, Wikipedia, Millennials (also known as the Millennial Generation or Generation Y) are the demographic cohort following Generation X. There are no precise...
View ArticleWestern Europe Business Travel Spend on Solid Footing, Growth Expected in...
Spain Surprises With Strong Business Travel Performance in 2014 LONDON, June 11, 2015—The GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), today...
View ArticleINNCOM by Honeywell Brings The Future of Guest Experience To HITEC 2015
INNCOM Shows Money-Saving Global Solutions, Analytics Services and Innovation that Ensure Today’s Technology Investment Supports Tomorrow’s Requirements At HITEC Visit INNCOM in Booth #1411 June 15 to...
View ArticleFlorida Supreme Court Rules in Favor of Online Travel Agents
Online travel innovators help support Florida’s $76 billion tourism economy; 1.1 million jobs Tallahassee, FL – June 11, 2015 – The Travel Technology Association (Travel Tech), the national trade...
View ArticleA Readers Response to Rich Siegel’s Siegel Sez Airbnb Commentary: Rich is...
by Randy Hulce Rich, first, let me remind you that I am a big fan of yours and always find your Siegel Sez observations, musings and expert commentary enlightening and entertaining. However, I would...
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Sabre Releases New Travel Trend Report: The Future of Hotel Booking - A Guide...
Report evaluates emerging retailing trends and offers actionable insights to help hoteliers win more customers with an interactive, intelligent, connected retailing strategy SOUTHLAKE, Texas - June 11,...
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Low Oil Prices and Oil-Dependent Canadian Lodging Markets
By Jason WightJun 11, 2015 Helping Investors Understand Oil-Dependent Lodging Markets in Canada. After three years of stable oil prices, the energy sector was thrown into a tailspin when oil prices...
View ArticleHVS Design and JN+A Release 2015 Hotel Cost Estimating Guide
June 11, 2015HVS Design and Jonathan Nehmer + Associates (JN+A) are proud to announce the completion of the 2015 Hotel Cost Estimating Guide. The Guide is a comprehensive listing of capital expenditure...
View ArticleShift4 to Celebrate 10th Anniversary of First Payment Data Tokenization at...
Largest Independent Payment Gateway Company to Showcase TrueTokenization at the World’s Largest Hospitality Technology Show LAS VEGAS – June 11, 2015 – With the frequency of data breaches and credit...
View ArticleSix Senses Qing Cheng Mountain in China Appoints Brett Model as Resort Manager
QING CHENG MOUNTAIN, China - June 11, 2015 - Brett Model has been appointed resort manager at Six Senses Qing Cheng Mountain, which opens in mid-2015. Model brings 13 years of experience in Asia...
View ArticleCarrie Stremsterfer Joins Hyatt Regency St. Louis at The Arch as Associate...
ST. LOUIS (June 11, 2015) – Hyatt Regency St. Louis at The Arch is pleased to announce the appointment of its new Associate Director of Sales, Carrie Stremsterfer, who will be responsible for large...
View ArticleDevelopers plan condo-hotel project for Mid-Beach
June 12—Developers are planning to turn one of the last vacant pieces of land in Mid-Beach into a 70-unit, low-rise, condo-hotel. “It’s a neighborhood with a lot of the infrastructure for tourism,”...
View ArticleChinese developer files to build $500 million project next to Angel stadium
June 12—ANAHEIM—A Chinese development company filed an application Thursday to build a $500 million residential, hotel and commercial complex that relies on using Angel Stadium parking. But the Angels...
View ArticleAloft South Beach adds modern building to midcentury motel site in Miami Beach
June 12—The Aloft Miami Beach is a hybrid on many fronts: part historic, part new; off-beach but waterfront; brand-affiliated but full of one-of-a-kind touches. “They really allowed us to play with...
View ArticleTeamsters get back into Pennsylvania Convention Center
June 12—In yet another complicated twist to the Pennsylvania Convention Center saga, members of the Teamsters local that had lost the right to work in the building are back in the building working....
View ArticlePebblebrook Hotel Trust Acquires The Tuscan Fisherman’s Wharf in San...
BETHESDA, Md.—Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it has acquired The Tuscan Fisherman’s Wharf, a Best Western Plus Hotel (“The Tuscan”) for $122.0 million. The...
View ArticleAshford Trust Completes Acquisition of the Le Pavillon Hotel in New Orleans,...
Acquisition Highlights: •Purchase price (after adjusting for key money) equates to an estimated forward 12-month cap rate of 7.8% and an estimated forward 12-month EBITDA multiple of 11.4x •Excellent...
View ArticleAshford Trust To Acquire The W Atlanta Downtown Hotel For $56.8 Million
DALLAS, June 11, 2015—Acquisition Highlights: •Purchase price represents an estimated forward 12-month cap rate of 7.2% and an estimated forward 12-month EBITDA multiple of 11.6x •Ideal Downtown...
View ArticleAshford Prime To Acquire The Bardessono Hotel And Spa For $85 Million
DALLAS, June 11, 2015 Acquisition Highlights: •Premier asset in Napa Valley, one of the strongest and most desirable lodging markets in the country with very high barriers to entry and minimal new...
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