Hotel News Resource
January, 9 2018
 
 
 
St. Regis Hotel Coming to Hong Kong Early 2019
 
St. Regis Hotel Coming to Hong Kong Early 2019
 
St. Regis Hotels & Resorts today announced a collaboration with China Resources Property which is slated to bring the St. Regis brand to Hong Kong by early 2019. Marriott International has nine properties in Hong Kong, but this will be the first property for the St. Regis brand in the city. Read More
 
Market Report U.S.
January Online Room Rates Are Up 0.8% from a Year Ago
 
Hotel room rates in the top-25 most popular U.S. destinations average $173.35 this January, down from $176.93 in December, according to hotel online room rates derived from real time global multi-provider database of reservations maintained by e−forecasting.com. Read more
 
Market Report U.S.
US Hotel Business Gains Momentum
 
HIP's six-month growth rate, which has historically confirmed the turning points in US hotel business activity, posted a positive rate of 2.2% in November, following a positive rate of 2.1% in October. This compares to a long-term annual growth rate of 2%, the same as the 40-year average annual growth rate of the industry's gross domestic product. Read more
 
Market Report Europe
GOPPAR Growth Continues For Hotels in Europe Despite Profit Challenges in Germany
 
European Chain Hotels Market Review - November 2017 Read more
 
Market Report U.S.
US Hotel Occupancy Down 5.4 Percent to 51.6 Percent - Week Ending December 30th - 2017
 
Average daily rate down 0.5 Percent to US$131.56 Read more
 
Market Report Canada
Canadian Hotel Occupancy Drops 6.6 Percent to 44.7 Percent For Week Ending 30 December 2017
 
Revenue per available room down 7.2 Percent to CAD$73.09 Read more
 
Hotel Development Atlanta
Hospitality Ventures Management Group Sells Embassy Suites Atlanta – Galleria
Embassy Suites Atlanta  Galleria
 
Hospitality Ventures Management Group (HVMG) today announced it has sold the 261-suite Embassy Suites by Hilton Atlanta – Galleria to an unaffiliated third party and retained management of the property. Read more
 
Hotel Transaction Indiana
Condor Hospitality Trust Sells Comfort Inn & Suites Warsaw, IN for $5.0 Million
Comfort Inn & Suites Warsaw, IN
 
Condor Hospitality Trust, Inc. (NYSE American:CDOR today announced the closing on the sale of a legacy hotel asset, the 71-room Comfort Inn & Suites located at 3328 East Center Street, Warsaw, IN 46582 for $5.0 million. Read more
 
Hotel Development London
The London Gantry, Curio Collection by Hilton Hotel Announced for 2020
 
The London Gantry, an 18-storey Curio Collection by Hilton hotel with 285 guestrooms, will include extensive neighbourhood bar and restaurant spaces and an impressive sky bar with views across the Queen Elizabeth Olympic Park and beyond to London's dramatic skyline. Read more
 
Hotel Opening Saint Lucia
Harbor Club Hotel Opens in Saint Lucia
Harbor Club Hotel Opens in Saint Lucia
 
Harbor Club offers contemporary cabin-style rooms, reminiscent of luxury cruise cabins, and suites with a nautical-inspired design, including the bespoke swim-up room enclave with its own private pool. Read more
 

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In Brief...
 

U.S. Employment Trends
U.S. Unemployment Rate Unchanged At 4.1%

Hotel Development Illinois
Milmark Hotel/Motel Investments, LLC Adds Illinois License

Hotel Development China
Carlson Rezidor Hotel Group Signs Radisson Zhengzhou, China

Hotel Transaction Kentucky
Huff, Niehaus & Associates Structures Sale of the Microtel Inn & Suites, Florence, Kentucky

Management Appointment Four Seasons
Thomas Krooswijk Named Hotel Manager for the Four Seasons Hotel Amman

AHLA Executive Appointment
Brian Crawford Named Senior Vice President and Department Head of Governmental Affairs for AHLA

HSMAI 2018 Events
HSMAI Announces Calendar of 2018 Events

Hospitality Job Descriptions
HFTP Releases Sample Hospitality Job Descriptions for Industry Professionals' Use

Hotel Opening Tennessee
Hyatt Place Knoxville/Downtown Hotel Opens

Hotel Opening China
Wanda Vista Beijing Hotel Opens

Hotel Opening Chicago
Country Inn & Suites By Carlson, Hoffman Estates, IL Opens Near Sears Centre Arena

 
 
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