Latest Hotel Industry News

Marriott's Acquisition Of Starwood Receives Antitrust Approval In China

2016-09-20 12:51:35 +0200 | Source: Hotel News Resource

Marriott And Starwood Expect To Become Combined Company On September 23 - Starwood Anticipates Delisting of its Shares from Trading on the NYSE Before Market Open on September 23 Read more

Hawaii Prince Hotel Waikiki Undergoes $55.4 Million Redevelopment And Repositioning

2016-09-20 12:36:40 +0200 | Source: Hotel News Resource

Hawaii Prince Hotel Waikiki and Golf Club has embarked on an extensive $55.4 million redevelopment and repositioning aimed at attracting the next generation of travelers heading to the Aloha State for leisure and... Read more

Cathay Pacific Airways And Hyatt Launch Global Inflight Dining Partnership

2016-09-20 12:06:28 +0200 | Source: Hotel News Resource

The global collaboration, which was announced in June, marks the most expansive inflight dining experience of its kind for both Cathay Pacific and Hyatt and also includes menus designed by chefs from Grand Hyatt Hong... Read more

Christine Lawson Named Senior Vice President for Loews Hotels Sales Organization

2016-09-19 14:40:48 +0200 | Source: Hotel News Resource

Industry Expert to Take the Sales Helm of the Company's Three Distinct Brands Read more

Jim Chu Named Global Head of Select Service and Franchise Strategy for Hyatt

2016-09-19 13:33:18 +0200 | Source: Hotel News Resource

In addition, Hyatt announced Susan Santiago has been selected as senior vice president, global select service and franchise operations. She will report to Chu. Read more

Recession in Hotel Profits Forecast for US Hoteliers

2016-09-19 12:08:14 +0200 | Source: Hotel News Resource Releases August Monthly Hotel Forecasts for Total US Read more

Mark Jeffery Named General Manager for the Sheraton Needham Hotel

2016-09-19 11:06:16 +0200 | Source: Hotel News Resource

Waterton, a U.S. real estate investor and operator, last week announced it has appointed Mark Jeffery as general manager of the Sheraton Needham Hotel in Needham, Mass. A 30-year veteran of the hospitality industry,... Read more

U.S. Hotel Construction Pipeline for August 2016 Up 23.9 Percent over 2015

2016-09-15 11:34:16 +0200 | Source: Hotel News Resource

In the In Construction stage, the U.S. reported 170,221 rooms in 1,306 projects, a 28.6% increase in year-over-year comparisons. Read more

Sheila Gerbig-Hussey Named General Manager for the Royal Kahana Maui by Outrigger

2016-09-15 11:17:36 +0200 | Source: Hotel News Resource

At the OHANA Maui Islander, Gerbig-Hussey was owner liaison manager and at the Outrigger Aina Nalu, assistant general manager and most recently general manager. Read more

US Hotel Occupancy Down 1.4 Percent to 62.8 Percent - Week Ending September 10th - 2016

2016-09-15 11:07:34 +0200 | Source: Hotel News Resource

Average daily rate up 1.8 Percent to US$118.58 Read more

Canadian Hotel Occupancy Down 2.1 Percent to 68.7 Percent For Week Ending 10 September 2016

2016-09-15 11:04:51 +0200 | Source: Hotel News Resource

Revenue per available room up 3.6 Percent to CAD$108.49 Read more

Morgans Hotel Group Takeover

2016-09-15 10:09:43 +0200 | Source: Hotel News Resource

Morgans Hotel Group Co. (MHGC) yesterday announced that it has received a letter dated September 13, 2016 from the group identified in Morgans' proxy materials as 'Bidder V.' This letter reconfirms the interest of... Read more

Middle East Hotel Development Pipeline Under Contract Up 20.1 Percent YOY for August 2016

2016-09-15 08:05:26 +0200 | Source: Hotel News Resource

Among the countries in the Middle East and Africa, Saudi Arabia reported the most rooms In Construction with 35,611 rooms in 79 hotels. United Arab Emirates followed with 28,082 rooms in 97 hotels. Read more

London Hotels Report Nearly Flat Occupancy and Lower Rates for August 2016

2016-09-14 12:40:25 +0200 | Source: Hotel News Resource

Despite the year-over-year decline, the absolute RevPAR level was the third-highest on record for an August in London. The all-time RevPAR high for August (GBP129.77) came in 2012 when the UK capital hosted the Summer... Read more

Munich Hotels Report 24.2 Percent Decline in RevPAR for August 2016

2016-09-14 12:27:57 +0200 | Source: Hotel News Resource

Despite performance declines in August, year-to-date data through July showed that Munichs RevPAR was up 6.2% compared with the first seven months of last year. STR analysts note that the months performance declines... Read more

The Parisian Macao Opens

2016-09-14 09:49:09 +0200 | Source: Hotel News Resource

Amid fanfare and celebration, The Parisian Macao opened its doors to the public for the first time on Tuesday, Sept. 13 at 8:18 p.m. (CST). Read more

Singapore Hotel Industry Reports 4.1 Percent Occupancy Drop for August 2016

2016-09-14 09:28:05 +0200 | Source: Hotel News Resource

STR analysts note that August has been one of Singapores strongest months over the last several years, but August 2016 occupancy and ADR were each pressured by the 5.2% increase in supply. The last time supply... Read more

Hotels in Melbourne Report Flat RevPAR for August 2016

2016-09-14 09:21:24 +0200 | Source: Hotel News Resource

Occupancy Also Flat at 82.9 Percent Read more

Stuart Foster Named Vice President, Global Brand Marketing for Hilton

2016-09-13 16:14:56 +0200 | Source: Hotel News Resource

Foster takes over reins as vice president, global brand marketing for Hilton Hotels & Resorts, DoubleTree by Hilton and Curio A Collection by Hilton brands Read more