Hotel Industry News

Rudi Jagersbacher to Replace the Retiring Jean-Paul Herzog at the Beginning of 2011 - More

International tourist arrivals are estimated to have grown by 7% in the first half of 2010. While growth was modest in April as a consequence of the closure of European airspace following the eruption of a volcano in Iceland, results were strong in May (+10%) and June (+8%). Data available for July indicates that growth is set to continue at a s... - More

The Company funded the acquisitions with borrowings under its senior unsecured credit facility and from available cash, including cash from operations, the sale of Seaview and approximately $75.0 million in net proceeds from prior issuances of common shares under the Company's at-the-market offering program. - More

The Rezidor Hotel Group has opened the Radisson Blu Resort Split in Croatia, a luxurious hotel right on the Adriatic coast with panoramic views over the Mediterranean Sea and the island Brac. - More

Modern Facility Showcases Green Technology, is Gateway to PA Wilds Region - More

Hotels.com has revealed an increase in approval ratings for airport hotels. - More

The SPG® App for BlackBerry Smartphones Allows Guests to Book Stays, Access Their Accounts, Check Reservations, Get Directions and More - More

Caribbean Hotel and Tourism Association President Josef Forstmayr has called for urgent action by all Caribbean governments for a sustainable cooperative marketing and promotion fund and regional integration and removal of barriers for intra-Caribbean travel. At the same time, he urged the citizens and governments of all Caribbean nations to sup... - More

This extends the network to a total of more than 1,400 rooms in the country, including two Novotel brand hotels (Mexico City and Monterrey) and eight units under the leading economy hotel brand ibis in Mexico City, Monterrey (2), Guadalajara, Aguascalientes, Merida, Chihuahua, and most recently, Hermosillo. - More

LaSalle Hotel Properties (NYSE: LHO) today announced that in three separate transactions it acquired the Hotel Monaco San Francisco for $68.5 million, the Westin Philadelphia for $145.0 million and the Embassy Suites Philadelphia - Center City for $79.0 million. - More