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Shilo Inns Latest Brand To Go Smoke Free PORTLAND, OR—As of Jan. 1, 2009, all Shilo Inns properties across the U.S. will be 100% smoke free. Continued... Posted Today - 3:50:13 PM |
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Starwood To Expand Middle East Portfolio WHITE PLAINS, NY—Starwood Hotels & Resorts Worldwide will develop three new hotels in Saudi Arabia under its Four Points by Sheraton and Aloft brands as part of a long-term management agreement with the Ahokair Group. Continued... Posted Today - 12:16:08 PM |
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Abaco Club Adds Fractional Ownership Component ABACO, THE BAHAMAS—The Abaco Club on Winding Bay, which is managed by The Ritz-Carlton Hotel Co., has opened a number of newly built fractional ownership units. Continued... Posted Today - 10:16:48 AM |
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Doubletree Passes 200-Property Mark Worldwide LONDON—Doubletree Hotels has opened its 200th property—and fifth in Europe—a 112-room hotel here in Central London. Continued... Posted Today - 10:10:47 AM |
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Tharaldson Opens SpringHill In Suburban Sacramento ROSEVILLE, CA—Tharaldson Property Management has opened a 124-suite SpringHill Suites by Marriott here. Tharaldson is the hotel’s owner and operator. Continued... Posted Today - 9:56:59 AM |
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HB ON THE SCENE:
At Annual Conference, NABHOOD Remains Bullish On Lodging Opportunities ATLANTA—While talk of recession blows across the lodging landscape, the mood remains positive and the attitude is one of can-do by the members of The National Association of Black Hotel Owners, Operators and Developers, Inc. (NABHOOD), who are holding their 12th annual International Multicultural Tourism/Hotel Ownership Summit and Trade Show here at the Atlanta Marriott Century Center. Continued... Posted 7/18/2008 - 7:28:45 AM |
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Encore Hospitality Acquires Sterling Resorts, Realty DALLAS—Encore Hospitality, a subsidiary of Encore Enterprises, has acquired Destin, FL-based Sterling Resorts, LLC and Sterling Realty, LLC from The Sterling Companies via a stock purchase agreement. Continued... Posted 9/11/2008 - 12:09:44 PM |
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IHG's Steve Porter Dies NEW YORK—Stevan Porter, who had served as president, the Americas, for InterContinental Hotels Group, has died. He was 53. Continued... Posted 8/8/2008 - 1:20:02 PM |
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ING Clarion Closes On $200M Fund Targeting Hotels, Other Asset Types NEW YORK—ING Clarion Partners, LLC has closed on its new ING Clarion Development Ventures III fund, which is the third fund in a series and has raised more than $200 million from seven institutional investors. Continued... Posted 9/30/2008 - 11:28:17 AM |
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IHG's 'Critically Ill' Stevan Porter Relinquishes Position NEW YORK—HOTEL BUSINESS® has learned that Stevan Porter, who serves as president, the Americas, for InterContinental Hotels Group, has been reported as critically ill following several weeks of hospitalization, with a condition described as deteriorating. Continued... Posted 7/14/2008 - 10:35:55 AM |
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Starwood Appoints New Global Development President WHITE PLAINS, NY— Simon Turner has been appointed as the new president of global development for Starwood Hotels & Resorts Worldwide, Inc. Continued... Posted 4/22/2008 - 11:11:01 AM |
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Hilton Executive Changes Also Involve Carter, Keltner, Wang and Harvey BEVERLY HILLS, CA— In conjunction with its appointment of ex-Sunstone Hotel Investors President and CEO Steven Goldman as its new president of global development and real estate, Hilton Hotels Corp. has also promoted three other executives. Continued... Posted 3/7/2008 - 9:54:21 AM |
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HB ON THE SCENE: Investors, Lenders Analyze Credit Crunch At 2008 Meet The Money HENDERSON, NV— The affects of the credit crunch and the cyclical hotel industry downturn have been discussed across the lodging industry ad infinitum for the past few months, with doom and gloom scenarios the subsequent by product. Today, at the 18th annual Meet The Money conference here, it seemed as if the hotel investment and lending community finally came to grips with these facts and, more importantly, made the first proactive steps toward actually figuring out how to handle it all. Continued... Posted 5/8/2008 - 12:45:24 AM |
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Watermark, W.P. Carey Venture Seeks REIT Status NEW YORK—According to filings with the United States Securities and Exchange Commission, a newly formed venture between W.P. Carey and Watermark Capital Partners—Carey Watermark Investors Inc.—is seeking real estate investment trust (REIT) status in order to acquire, own and dispose of lodging and lodging-related properties. Continued... Posted 4/11/2008 - 5:02:10 PM |
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Sheraton To Open Another 54 Properties By 2009 WHITE PLAINS, NY— As part of Sheraton Hotels & Resorts’ expansion and brand revitalization initiative, the brand is now poised to open 54 hotels with 20,000 rooms by 2009. Furthermore, such an expansion will involve $2 billion worth of new hotel openings in North America moving forward. Continued... Posted 4/8/2008 - 9:49:45 AM |
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IH/M&RS Remains Key Venue For Reaching Owners/Developers Year after year industry pundits continue to question the importance of the International Hotel/Motel & Restaurant Show (IH/M&RS). Once again, these so-called experts couldn’t have been more wrong. Continued... |




















