Novotel Opens in Bulgarian Capital of Sofia

Accor has announced the first Novotel 4-star hotel has opened in Sofia, Bulgaria. Installed in a 15-story glass building, the hotel features 178 rooms....

Orient Express to Reopen El Encanto in March

The restored El Encanto will reopen in Santa Barbara in March 2013 as part of the iconic Orient-Express portfolio. The 20th-century resort enjoys views of...

TMI Hospitality Opens Montgomeryville Staybridge Suites

FARGO, N.D.—TMI Hospitality, a hospitality management company based in Fargo, N.D., has opened the Montgomeryville Staybridge Suites in North Wales, Pa. The 105-room hotel...

Hilton Hotels & Resorts Opens Hotel in Zhongshan, China

ZHONGSHAN, GUANGDONG PROVINCE, China—Hilton Hotels & Resorts announced the opening of its newest property in the Pearl River Delta - Hilton Zhongshan Downtown. Operated...

LEGOLAND Hotel Opening in April

CARLSBAD, Calif.—LEGOLAND Hotel at LEGOLAND California Resort in Carlsbad is ahead of schedule and just announced an opening date of April 5, 2013. The three-story,...

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Residence Inn by Marriott Waco/South in Texas

HVMG to Manage Upcoming Residence Inn by Marriott Waco/South

WACO, Texas — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership, and management company, recently announced it was awarded management of...
coronavirus economic impact

HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...

LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
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Hospitality Companies and Their Lenders: Preparing for Difficult Conversations

In a sudden reversal of generally expansionary trends, the hospitality business has been among the most immediate and badly hit economic sectors as a...

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