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U.S. Judge Denies Baha Mar’s Bankruptcy Filing

U.S. Judge Denies Baha Mar’s Bankruptcy Filing

A U.S. bankruptcy judge has largely dismissed megaresort Baha Mar’s Chapter 11 filing, The Wall Street Journal reports. The latest hit to the stalled $3.5 billion project comes nearly two months after a judge in the Bahamas also denied the ...

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Kimpton to Manage Luxury Tempe Hotel

Kimpton to Manage Luxury Tempe Hotel

SAN FRANCISCO—Kimpton Hotels & Restaurants announced today it has been selected to manage a new, luxury boutique hotel in Tempe, Ariz. The 237-room, new build hotel is part of One|Hundred|Mill, a major, mixed-use development scheduled to break ground in November ...

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Asheville Foundry Inn Joins Hilton’s Curio Collection

Asheville Foundry Inn Joins Hilton’s Curio Collection

MCLEAN, Va.—Hilton Worldwide has announced that The Asheville Foundry Inn in North Carolina will join Curio – A Collection by Hilton. Construction of the new-build 92-room hotel at Eagle and South Market streets will preserve existing buildings in the downtown ...

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Cities Adding Rooms to Attract Conventions

Despite continuous updates to downtown areas, many cities are finding that improvements are rendered meaningless to meeting planners without a convention hotel present, says The New York Times. A recent example is Kansas City, which did not make the cut ...

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Study Reveals CEO Turnover Rates

AETHOS Consulting Group has released the findings its 2015 Hotel CEO Turnover Study, revealing that 2014 experienced the lowest turnover rate since 2004. According to the report, the low turnover rate is the result of companies settling into a better ...

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Tech Mogul Drops $71.6 Million on Palo Alto Hotel

Larry Ellison, co-founder of Oracle Corp., has purchased a California hotel for $71.6 million–roughly $832,500 per room, according to Silicon Valley Business Journal. The Epiphany Hotel, located in downtown Palo Alto, has 86 rooms. This buy is the latest in ...

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