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Caesars CEO Gary Loveman to Step Down

Caesars CEO Gary Loveman to Step Down

Caesars Entertainment Corporation has announced that Gary Loveman, chairman and chief executive officer, will begin transitioning management of the company at the end of the first quarter. Loveman will continue to serve as chairman of Caesars Entertainment and of Caesars ...

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Hotel Development Costs Escalating, HVS Survey Shows

Hotel Development Costs Escalating, HVS Survey Shows

Increases in development costs are affecting the feasibility of new hotel construction, according to the U.S. Hotel Development Cost Survey 2014/15 from HVS. Hotel construction costs have steadily escalated in the past three years in markets such as New York, ...

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Marriott, AH&LA Withdraw FCC Wi-Fi Petition

Marriott, AH&LA Withdraw FCC Wi-Fi Petition

Marriott International and the American Hotel & Lodging Association have withdrawn their petition seeking direction from the FCC on legal Wi-Fi security measures. According to a statement from Bruce Hoffmeister, Marriott’s global chief information officer, the company’s intent was to ...

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Benchmark’s Former COO James Simkins Dies

Benchmark’s Former COO James Simkins Dies

James Simkins, who was until recently Benchmark’s chief operating officer for Personal Luxury Resorts & Hotels and instrumental in the successful launch of the Personal Luxury brand, died Jan. 16 following a struggle with cancer. A native of Johannesburg, South ...

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Marriott Set to Buy Delta Hotels and Resorts

Marriott Set to Buy Delta Hotels and Resorts

Marriott International Inc. has reached an agreement to purchase Canada’s Delta Hotels and Resorts, which has 38 properties in 30 Canadian cities, for approximately $135 million, the Wall Street Journal has reported. With this deal, Marriott will acquire the brand, ...

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