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Sheraton Hotels Returns to the Dominican Republic

Sheraton Hotels Returns to the Dominican Republic

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide announced that Sheraton Hotels has returned to the Dominican Republic with the opening of Sheraton Santo Domingo Hotel. Formerly known as Melia Santo Domingo, the newly renovated hotel offers 255 rooms and suites with ...

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Broadway Columbia DoubleTree Opens in Missouri

Broadway Columbia DoubleTree Opens in Missouri

COLUMBIA, Mo. and MCLEAN, Va.—Hilton Worldwide and DoubleTree by Hilton have announced the opening of The Broadway Columbia – a DoubleTree by Hilton, a new LEED certified hotel located in the vibrant arts, college, and film district of Columbia’s Broadway ...

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Ritz-Carlton to Open Hotel in Perth, Australia

Ritz-Carlton to Open Hotel in Perth, Australia

HONG KONG—The Ritz-Carlton Hotel Company and Fast Consortium, an Asian residential apartment developer, have signed an agreement for the development of The Ritz-Carlton, Perth, heralding the much-anticipated return of the luxury hotel operator to Australia. Working closely with the Western ...

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Powering Down: Hotels Are Controlling Utility Costs

Powering Down: Hotels Are Controlling Utility Costs

According to the 2013 edition of PKF’s Trends in the Hotel Industry report, total operating expenses for the average U.S. hotel increased by 3.3 percent in 2012. During the year, all major expense categories posted an increase from 2011 except ...

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Shaner Hospitality Closes on $8.25 Million Investment

Shaner Hospitality Closes on $8.25 Million Investment

STATE COLLEGE, Pa.—Shaner Hospitality Finance, a financial services firm specializing in serving the hospitality industry, has announced the completion of an $8.25 million investment in the Southbridge Hotel and Conference Center in Southbridge, Mass. Shaner Hospitality Finance purchased the existing ...

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