LODGING Staff
Outsourcing Restaurant Operations in Hotels
Many hoteliers are reluctant restaurateurs, and for a good reason: Restaurants are even more labor intensive than hotels. A standalone restaurant is doing extremely well if it achieves a net operating income (NOI) of...
How to Calculate Housekeeping Times
Time is money. For the lodging industry, this is especially applicable when it comes to cleaning costs. Many facility managers assume they can multiply the number of guestrooms by some theoretical productivity rate to...
Priceline.com to Acquire KAYAK
NORWALK, Conn.—Priceline.com Incorporated announced that it has signed a definitive agreement for the Priceline Group to acquire KAYAK in a stock and cash transaction. Under the terms of the agreement, the transaction values KAYAK...
Marriott Completes Acquisition Of Gaylord Hotels Brand And Hotel Management Company
BETHESDA, Md.—Marriott International, Inc. has completed the transaction announced on May 31 with Gaylord Entertainment Company, now Ryman Hospitality Properties, Inc., to acquire the Gaylord brand and hotel management company for $210 million.
Gaylord Entertainment's...
New Hospitality Management and Development Company Announced
MILWAUKEE, Wis.—A partnership with experience in hotel ownership, development, operations and marketing has formed to create Aparium Hotel Group, LLC and Aparium Development Company, LLC. Chicago-based Kevin Robinson and Mario Tricoci have partnered with...