TAMPA, Fla.—Hampton Hotels announced the official opening of its newest property, the 110-room Hampton Inn & Suites Tampa Northwest/Oldsmar located in Tampa, Fla. The hotel is owned and operated by Double Fource Properties. It is the ninth Hampton property in Tampa, ahead of 17 more Hampton hotels slated to be opened in Florida and more than 250 Hampton properties in the pipeline in the U.S. The new hotel is expected to bring an estimated 25
ADR Growth Continues to Outpace Occupancy Growth for Hotels
Category: Industry News, Trends & Research
NEW YORK—Hotels continue to see a steady increase in revenue per available room (RevPAR) driven primarily by increases in rate, according to data from the March 2013 TravelClick North American Hospitality Review (NAHR). Occupancy remains steady for the remainder of the year. “Looking forward, we see signs that occupancy and Average Daily Rate (ADR) growth will continue to be positive,” said Tim Hart, executive vice president, TravelClick. “However, there are signs of weakness in the
SKANEATELES, N.Y.—The Mirbeau Inn and Spa at the Pinehills broke ground this week in Massachusetts. Linda and Gary Dower, principals of The Mirbeau Companies, and Tony Green, managing partner of Pinehills, LLC, were among those who joined in the ceremony and reception for the new hotel in Plymouth, Mass. Slated to open spring 2014, Mirbeau Inn and Spa at The Pinehills will be a 50-room property designed in the style of a French manor house.
CHICAGO—Hyatt Hotels Corporation, Noble Investment Group, and Interstate Hotels and Resorts announced the opening of HYATT house Atlanta/Cobb Galleria, the first HYATT house hotel in Georgia. “We are thrilled to bring HYATT house to this dynamic neighborhood. Our social and contemporary environment will help guests feel connected, welcome, and at home,” said Mark Luther, general manager, HYATT house Atlanta/Cobb Galleria. “HYATT house is everything the name represents – a welcoming and warm environment that encourages
DoubleTree by Hilton and Aimbridge Announce Houston – Greenway Plaza Hotel
Category: Openings, Renovations
MCLEAN, Va.—Aimbridge Hospitality and DoubleTree by Hilton announced the opening of the DoubleTree by Hilton Houston Greenway Plaza in Houston, Texas, which will soon undergo a $15 million dollar renovation. Formerly a Renaissance, the hotel is owned by Garrison Investment Group and will be managed by Aimbridge Hospitality. The DoubleTree by Hilton represents Aimbridge Hospitality’s fifth transaction with Garrison Investment Group, and the tenth DoubleTree by Hilton branded hotel in the Aimbridge Hospitality portfolio. It
