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Travelodge Owners Looking to Sell

Travelodge has appointed Deutsche Bank to advise on the £1 billion ($1.5 billion) sale or stock market float of the company, according to The Telegraph. Goldman Sachs and two hedge funds, GoldenTree Asset Management and Avenue Capital, have owned the ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

After opening her first boutique hotel in 1982, Yvonne Lembi-Detert has stepped down as chief executive officer and president of Personality Hotels and Engage Hospitality. Former chief operating officer David Chin succeeded her in May. He has been with the ...

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FTC Cautions Against Online Booking Scams

FTC Cautions Against Online Booking Scams

On July 14, the Federal Trade Commission posted two articles cautioning consumers against rogue booking websites and explaining how avoid scams. A post on the FTC’s Business Blog details how online customers can be better informed by taking steps such ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Vantage Hospitality has announced two new appointments in an effort to expand the Canadas Best Value Inn brand. Arun Deo, president of South Pacific Management Marketing Services, has been named an authorized development director in the West. He will work ...

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CCA Bahamas Comments on Baha Mar Bankruptcy

CCA Bahamas Comments on Baha Mar Bankruptcy

Following the announcement reported by Forbes that the Baha Mar resort has filed for Chapter 11 bankruptcy protection due to construction slowdowns, the project’s contractor, CCA Bahamas, Ltd., has responded to the allegation. “Baha Mar Ltd.’s decision to file for ...

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