Marriott To Open More Than 30 Luxury Hotels Worldwide in 2019
Marriott International plans to open more than 30 luxury properties in 2019, adding to eight brand portfolios: The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W,...
Why Private Equity Firms Are Buying Boutique Hotels
In January 2017, Alvotel purchased the historic Gran Hotel de Sóller on the Spanish island of Mallorca for 10 million Euros. Built in the late...
Kimpton Launches 2019 “Off the Record” Concert Series
SAN FRANCISCO—Kimpton Hotels & Restaurants announced the launch of its 2019 "Off the Record" music program, which begins in Austin on March 16 and...
U.S. Lodging Outlook Good Through 2020, With Economic ‘Blip’ in 2021, Says CBRE
ATLANTA—A favorable economic outlook will lead to continued growth in U.S. hotel revenues and profits through 2020. However, an economic slowdown in 2021 will...
Chip Rogers Shares Two of His Biggest Goals as President and CEO of AHLA
Chip Rogers says that advocacy and education will be AHLA’s top two priorities, “as always,” but he has a couple of other lofty goals...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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