Eldorado Resorts agrees to sell property for $230M
Eldorado Resorts agrees to sell property for $230M

Hotel Management · 13 Jan

The company entered into a definitive agreement to sell the Eldorado Resort and Casino in Shreveport, La.

Marriott sells Sheraton Phoenix Downtown
Marriott sells Sheraton Phoenix Downtown

Hotel Management · 13 Jan

Marriott has been renovating the hotel since it acquired it in 2018 to create a showcase hotel for its new Sheraton brand vision.

India's Park files for IPO
India's Park files for IPO

Hotel Management · 12 Jan

Apeejay Surrendra Park Hotels, which owns and operates hotels under The Park brand, has filed a draft prospectus with the Securities and Exchange Boa

Hotel Management · 11 Jan

EasyJet Holidays was reported to be planning to bring forward its trade launch date to around February or March.

Radisson, Hyatt for Reykjavik
Radisson, Hyatt for Reykjavik

Hotel Management · 9 Jan

Radisson Hotel Group is to launch the Radisson Red in Iceland, with a hotel in Reykjavik, set to open in 2021.

EasyHotel looks to Europe with new CEO
EasyHotel looks to Europe with new CEO

Hotel Management · 7 Jan

EasyHotel has appointed FranSSois Bacchetta as CEO, replacing Guy Parsons, who left the company in November.

RLH Corp. sells Hotel RL Salt Lake City for $33M
RLH Corp. sells Hotel RL Salt Lake City for $33M

Hotel Management · 6 Jan

The transaction marked the second closing of four hotels that it announced in September 2019 as under contract to be sold.

Park Hotels sells 2 properties in transactions totaling $201M
Park Hotels sells 2 properties in transactions totaling $201M

Hotel Management · 3 Jan

Park Hotels & Resorts sold the 410-room Le Meridien New Orleans and the 182-room Ace Hotel Downtown Los Angeles in separate sales last month.

SiteMinder hits 2019 hotel booking milestone
SiteMinder hits 2019 hotel booking milestone

Hotel Management · 20 Dec

The company's 100 millionth booking takes the total revenue generated through SiteMinder's platform this year to $32.5 billion.

Geolo launches hospitality finance vertical
Geolo launches hospitality finance vertical

Hotel Management · 18 Dec

The private equity investment group has already closed investments in hotels in California and Georgia.

IHG signs new Holiday Inn for Australia
IHG signs new Holiday Inn for Australia

Hotel Management · 17 Dec

The property is scheduled to open in 2023 in an "inner suburb" of one of the country's biggest cities.

Accor to return EUR1 billion to shareholders
Accor to return EUR1 billion to shareholders

Hotel Management · 16 Dec

With the disposal of Orbis and the sale and management back of the MPvenpick leases, the company is moving to an asset-light structure.

Planning Europe growth, Cycas adds to finance team
Planning Europe growth, Cycas adds to finance team

Hotel Management · 16 Dec

Peter Habelitz has joined Cycas Hospitality's executive team as CFO along with three other recent financial recruits.

Marriott signs W for Cairo mixed-use development
Marriott signs W for Cairo mixed-use development

Hotel Management · 16 Dec

Slated to open in 2024, the W Cairo will be located in 1-Ninety, a 300,000-square-meter mixed-use development in the emerging New Cairo district.

Davidson adds Sheraton Grand in Nashville to portfolio
Davidson adds Sheraton Grand in Nashville to portfolio

Hotel Management · 13 Dec

The operator will manage the 482-room hotel for JRK Property Holdings.

3 hotels change hands in Florida
3 hotels change hands in Florida

Hotel Management · 13 Dec

Three hotels in Florida--a Howard Johnson by Wyndham, a Holiday Inn Express & Suites and a SpringHill Suites by Marriott--changed ownership recently.

Nashville hotels sing happy
Nashville hotels sing happy

Hotel Management · 13 Dec

The Music City is consistently reporting year-over-year growth in occupancy, rate and revenue per available room.

Kirkwood Collection adds 5th hotel to portfolio
Kirkwood Collection adds 5th hotel to portfolio

Hotel Management · 12 Dec

The boutique hotel brand plans to begin renovating the Garden Street Inn in San Luis Obispo, Calif., in late 2020.

Onomo Hotels gets majority stake in Africa's Bon Hotels
Onomo Hotels gets majority stake in Africa's Bon Hotels

Hotel Management · 12 Dec

The deal gives Onomo a presence in 15 countries with 4,300 guestrooms and a pipeline of an additional 3,000 rooms.

Bryan Peery returns to former role at Apple Hospitality REIT
Bryan Peery returns to former role at Apple Hospitality REIT

Hotel Management · 6 Dec

After six months as EVP/chief accounting officer, Peery will replace Rachael Rothman as the REIT's EVP/CFO.

6 legal risks hotels face during the holidays
6 legal risks hotels face during the holidays

Hotel Management · 4 Dec

The holiday season is quickly approaching, and it is a joyous time when many hotel employers are organizing holiday parties, decorating offices and h

Does the current U.S. hotel cycle have room to grow?
Does the current U.S. hotel cycle have room to grow?

Hotel Management · 3 Dec

It’s the question of the hour: Is a recession around the corner? And if so, how do hotel investors start preparing today? “The hospitality sector is

When it comes to lawsuits, focus on the facts
When it comes to lawsuits, focus on the facts

Hotel Management · 26 Nov

While truth has been devalued in some circles these days, not so in court! Juries and judges rely on witnesses’ assertions when making critical decis

Poydras Properties sells 1,193-room Hyatt Regency New Orleans
Poydras Properties sells 1,193-room Hyatt Regency New Orleans

Hotel Management · 22 Nov

According to ERG Enterprises, one of the property's new owners, the sale represents the largest hotel transaction in Louisiana history.

New study quantifies financial loss from cyber 'ripple events
New study quantifies financial loss from cyber 'ripple events

Hotel Management · 14 Nov

Multiparty loss events that impact thousands of downstream organizations result in 13 times larger financial loss than traditional single-party incid

Main Street Hospitality Group chooses new RMS
Main Street Hospitality Group chooses new RMS

Hotel Management · 12 Nov

The New England-based hotel company will implement the IDeaS G3 revenue-management system across its portfolio of independent properties.