Ritz-Carlton Opens in Abu Dhabi
Category: Openings
ABU DHABI, United Arab Emirates—The Ritz-Carlton Abu Dhabi, Grand Canal has opened its doors. The 532-room luxury resort is the first Ritz-Carlton in Abu Dhabi and the ninth property in the Middle East for the luxury hotel operator. Inspired by 15th to early 17th century Renaissance architecture and the urban planning of the city of Venice, The Ritz-Carlton Abu Dhabi, Grand Canal is located at the waterfront and consists of ten buildings arranged in a
Marshall Hotels & Resorts Adds Three Management Contracts
Category: Boutique & Independent, Management
SALISBURY, Md.—Officials at Marshall Hotels & Resorts Inc. announced that it has added three management contracts. The properties include two in Manhattan and one in Mt. Laurel, N.J. “We are seeing increased hotel management opportunities as more hotels change hands and investors seek higher returns on their investments,” said Mike Marshall, president and CEO. “The two new Manhattan additions bring to five the number of properties we operate or are in pre-opening in the greater
LodgeNet Expanding Partnership With DirecTV After Emerging From Bankruptcy
Category: Acquisitions, Amenities, Finance & Development, Guest Experience, Real Estate
Colony Capital’s acquisition of LodgeNet is expected to close at the end of the month, and LodgeNet will exit bankruptcy protection and begin its restructuring plan under the control of the private equity firm, which is funneling $60 million into the recapitalization. As part if is restructuring process, LodgeNet has announced an expanded strategic relationship with DirecTV, one of LodgeNet’s largest unsecured creditors. The partnership will provide LodgeNet’s hospitality and healthcare customers with upgraded products
ATLANTA—IHG (InterContinental Hotels Group) announced a milestone for Candlewood Suites hotels as the brand celebrates the opening of two new properties—Candlewood Suites Birmingham/Homewood (Alabama) and Candlewood Suites Manhattan (Kansas)—and a portfolio now exceeding 300 hotels. The brand was purchased by IHG in 2003 and has since tripled in size. “We are excited to reach this major milestone,” said Robert Radomski, vice president brand leadership, Staybridge Suites and Candlewood Suites. “The Candlewood Suites brand has grown
LONDON—Marriott International announced plans to open a luxury resort on the private island of Sacca Sessola, located in the Venetian lagoon. The 266-room JW Marriott Venice Resort & Spa will operate under a management agreement with an affiliate of Aareal Bank AG and is expected to open in 2014. The resort will be the JW Marriott brand’s first hotel in Italy. “Introducing JW Marriott to Venice is an exciting time for the brand as the
