McLean, Va.—Homewood Suites by Hilton announced the opening of its newest property in Coralville – Iowa River Landing, Iowa. Creating 20 permanent jobs, the six story, 95-suite hotel is owned by Cantilever Hotels, LLC / Lincoln and Lisa McIlravy and managed by Sagacity Inc. General Manager Matthew Traetow has been in the hotel industry for 15 years, and is supported by Sales Manager Kimberly Morgan. “Part of the brand new mixed-use Iowa River Landing development,
Marriott International signed an agreement with Jamuna Builders Limited to operate the 700-room JW Marriott Hotel Dhaka. The hotel will be part of a mixed-use development that will also include retail and office components, and construction of the hotel is already under way. Speaking at the signing in Dhaka Simon Cooper, Marriott International’s president and managing director Asia Pacific, said: “We are delighted to be working with Jamuna Builders Limited to open this wonderful JW
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 more than 20 percent, since the norm is 10 percent or less. Add these two elements together, which is the exact scenario we have in full-service hotels, and your NOI is negatively impacted from the drag caused by the food and
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 determine the time and resources needed to clean their hotels, but the results are generally inaccurate. Workloading, which involves calculating time standards for each task and area within the facility, is a reliable way to determine cleaning times. Before benchmarking performance
In January 2012, David Duncan assumed the role of Denihan Hospitality Group’s president after serving as its chief financial officer since 2003. And it was a fruitful year, as the boutique owner-operator launched a West Coast development office, signed management agreements for the Mansfield, Franklin, and Shoreham hotels in New York City, and opened the James Royal Palm in Miami. Duncan recently spoke with Lodging Managing Editor Megan Sullivan about Denihan’s recent accomplishments and growth