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Luxury Collection Restores St. Anthony Hotel

Luxury Collection Restores St. Anthony Hotel

SAN ANTONIO—The Luxury Collection Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc., today announced, together with its owner partner BC Lynd, the completion of a multi-million dollar restoration of the historic St. Anthony hotel. Built in 1909 ...

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Why the Hotel Industry Is Not Afraid of Airbnb

Although Airbnb is worth more than any current hotel chain at $25 billion, hotels are not too frightened by the threat it poses for a number of reasons, according new research from Morgan Stanley. One reason is that the hotel ...

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FelCor’s Rick Smith Ready to Go on the Offensive

FelCor’s Rick Smith Ready to Go on the Offensive

When Rick Smith became chief financial officer of FelCor Lodging Trust in 2004, the Irving, Texas-based company owned a lot of assets that didn’t make sense in a REIT model. These 25- to 30-year-old, side-of-the-road hotels in secondary and tertiary ...

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Sheraton Names First North American Sheraton Grand Hotels

Sheraton Names First North American Sheraton Grand Hotels

STAMFORD, Conn.—Sheraton Hotels and Resorts, part of Starwood Hotels & Resorts Worldwide, Inc., today announced the designation of both the Sheraton Phoenix Downtown Hotel and the Sheraton Chicago Hotel & Towers as Sheraton Grand properties. Both hotels join the brand’s ...

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