Archive for February, 2010

Feb
24
    
24-02-2010 » Hotel industry news

Same store revenue from owned hotels up 13% - Same store RevPAR down 7% in local currency, up 11% in US dollars

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Feb
24
    
24-02-2010 » Hotel industry news

EcoGreenHotel recognizes Caroma as a leader in smart technology for water conservation in the hospitality industry. If you are in the midst of planning a hospitality development or in preparation stage of a renovation you must consider Caroma dual flush toilets and high efficiency urinals to bring easy maintenance and easy water savings to your project.

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Feb
24
    
24-02-2010 » Hotel industry news

Donohoe Real Estate Services announces the sale of the District Hotel located in Washington, D.C. representing Braxton Hotel & Condominium, LLC, the Seller. Charlotte Seale, Associate Director of Donohoe Hotel Brokerage Group structured the sale of the District Hotel to Cherry Blossom Hospitality, LLC, the Buyer.

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Feb
24
    
24-02-2010 » Hotel industry news

Strategic Hotels & Resorts, Inc. (NYSE: BEE), announced that the company has entered into an amendment with Aareal Bank AG on the euro 104 million non-recourse loan securing the InterContinental Prague Hotel.

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Feb
24
    
24-02-2010 » Hotel industry news

Today, the JW Marriott San Antonio Hill Country Resort & Spa announced details of its special Grand Opening Salute Gala scheduled for March 20. To commemorate the launch of the world’s largest JW Marriott Resort, the San Antonio property will host a fundraising gala honoring America’s military service men and women who have been injured in the line of duty.

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Feb
23
    
23-02-2010 » Hotel industry news

In year-over-year measurements, the industry’s occupancy ended the month virtually flat with a 0.4-percent decrease to 45.1 percent. Average daily rate dropped 7.1 percent to finish the month at US$93.93. Revenue per available room for the month decreased 7.4 percent to finish at US$42.35.

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Feb
23
    
23-02-2010 » Hotel industry news

Wyndham Worldwide Corporation (NYSE: WYN) announced the pricing of the public offering of $250 million aggregate principal amount of its senior unsecured notes due 2020. The senior unsecured notes offering is expected to close on February 25, 2010.

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Feb
22
    
22-02-2010 » Hotel industry news

Pineapple Hospitality adds four new partners: CynerGreen, EcoGreenHotel, Advance Laundry Solutions and Cellmor

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Feb
20
    
20-02-2010 » Hotel industry news

For two decades Hospitality Financial and Technology Professionals (HFTP) has honored innovative individuals behind technology-driven developments in the hospitality industry with the International Hospitality Technology Hall of Fame.

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Feb
19
    
19-02-2010 » Hotel industry news

The first sign of the times, you ask? Perhaps it was back in 2006 when Ritz-Carlton looked in the mirror and realized that ‘Ladies and Gentlemen serving Ladies and Gentlemen’ didn’t exactly apply to a 32-year-old CEO in jeans and a t-shirt. In a nod to the changing demographics of those who consumed ‘luxury,’ Ritz loosened up a bit, recognizing the need for a generational component to its time-honored and revered operational and guest service standards.

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