Lodging Econometrics Creates New Programs to Bolster Hotel Acquisition Initiatives

Distressed Hotel Asset and Halted Construction Project reports with monthly update subscription services offer prime investment opportunities ...more

Marriott International to Add Resort in Mulu, Malaysia in 2011 When Royal Mulu Resort Converts to Marriott Brand

118-room property will be reflagged following completion of a comprehensive refurbishment program ...more

Wyndham Hotels and Resorts Welcomes Florida's Quorum Hotel-Tampa

Continuing its expansion in key markets, Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide (NYSE: WYN), today announced that one of Florida's most widely known hotels, the 272-room Quorum Hotel-Tampa, will join the Wyndham® system in late May. ...more

IHR Forms Strategic Alliance with International Hotel Investments Ltd (IHI Ltd)

Interstate Hotels & Resorts announced that it has formed a strategic alliance with IHI Ltd, an affiliate of Harte Holdings, to operate and selectively invest in hotels in Europe. Interstate already manages six hotels for affiliates of Harte Holdings in the U.S. and Europe, four of which are owned by a joint venture between the two organizations. The new alliance will expand Interstate’s third-party hotel management platform throughout the EU. ...more

Formosa International Hotels Confirms Acquisition of Regent

Formosa International Hotels Corporation (FIHC) confirmed that it has entered into definitive agreements with affiliates of the Carlson Companies and The Rezidor Hotel Group AB to acquire the Regent hotel business. Closing of the master purchase agreement executed on Friday, Taipei time, should occur during the next three to four weeks. ...more

Benchmark Hospitality Int'l Opens New Home Office,The Woodlands,Texas

Benchmark Hospitality International has opened new corporate offices in The Woodlands, Texas, outside of Houston. After nearly 30 years in the previous location, Benchmark outgrew the premises, necessitating the move. During the past few years in the previous location, the company had grown to occupy two floors. ...more

Hotel REITs: Hot Deal or Suckers' Bet?

Lodging real estate investment trusts (REITs) have been on a tear, generating total returns, including dividends, of about 25% so far this year. But the group's high-speed run may soon hit a road bump — or even a blowout — as money managers increasingly believe the rally is premature and that a significant rebound in the hotel business is still more than a year away. ...more

Hotel Group Best Western To Promote The Individuality Of Its Hotels In Rebrand

Best Western has launched an integrated marketing campaign to promote its new positioning, which centres on the individuality of its hotels. The campaign was developed to differentiate the group from the generic nature of some hotel chains. It includes PR, social media, direct mail, a website re-launch and its first ever TV advertising. ...more

Best Western Adds To Georgia Portfolio With Atlanta Northwest Hotel

Best Western International announces the addition of the Best Western Atlanta Northwest Hotel, located at 1200 Winchester Parkway in Smyrna, Ga. Owned by Paddy Rao, the hotel offers 117 guest rooms. ...more

Best Western Removes Branding from Pecatu Hotel in Bali

Best Western International announces New Kuta Condotel will no longer carry the Best Western branding, with immediate effect. All association between the hotel and Best Western has been terminated. ...more

Travel Tripper Takes Bigger Bite of the Big Apple with Apple Core Hotels

Early leader in online hotel distribution selects Travel Tripper’s RezTrip 2.0 booking engine to help drive online sales for its five Mid-Manhattan properties. ...more

Innovative, Art-Themed Hotel Matilda Opening Sept. 2010 In San Miguel De Allende

Fuses Contemporary Art, International Luxury & Lifestyle Experiences To Create A One-Of-A-Kind Boutique Hotel ...more

Starwood Hotels & Resorts Marks a Milestone in the Middle East with Plans to Debut Second St. Regis Hotel in Abu Dhabi

Ideally Located on the Waterfront of Abu Dhabi’s Corniche, The St. Regis Abu Dhabi Joins a Growing Portfolio of St. Regis Hotels in the Middle East ...more

Starwood Hotels Completes Sale of W New York - The Court and W New York - The Tuscany for $78 Million

The two hotels, both located on 39th Street near Lexington Avenue, will no longer be affiliated with the W Hotels brand or Starwood Hotels & Resorts. ...more