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Bahamas High School Team Wins HTMP International Competition

Bahamas High School Team Wins HTMP International Competition

ORLANDO, Fla.—High school hospitality students from Anatol Rodgers High School in the Bahamas took home the international title at the 12th annual American Hotel & Lodging Educational Institute (AHLEI) HTMP International Competition held April 23-25 at the Rosen Shingle Creek ...

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Carey Watermark Acquires Dual-Branded Hilton Property

Carey Watermark Acquires Dual-Branded Hilton Property

NEW YORK—Carey Watermark Investors Incorporated announced that it has acquired the newly-built Hilton Garden Inn and Homewood Suites dual-branded hotel in Atlanta, Ga. The select-service and extended-stay property includes a total of 228 guestrooms and is located in Midtown Atlanta. ...

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Chesapeake Lodging Trust Acquires Ace Hotel Downtown

Chesapeake Lodging Trust Acquires Ace Hotel Downtown

ANNAPOLIS, Md.—Chesapeake Lodging Trust announced that it has closed on the acquisition of the Ace Hotel Downtown and The Theater at Ace Hotel, located in Los Angeles, Calif. for a purchase price of $103 million, or approximately $566,000 per key. ...

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First Quarter 2015 Results Roundup

Hilton Worldwide: Net income attributable to Hilton stockholders for the first quarter was $150 million, a 22 percent increase from the same period in 2014. Revenue rose 10 percent to $2.6 billion. System-wide comparable RevPAR increased 6.6 percent for the ...

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Hilton CEO Talks Organic Growth, New Midscale Brand

Hilton CEO Talks Organic Growth, New Midscale Brand

On Hilton Worldwide’s first quarter 2015 earnings call yesterday, analysts grilled CEO Chris Nassetta on whether the company had potential interest in acquiring Starwood Hotels & Resorts. In advance of its own earnings call, Starwood had announced its intentions to ...

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