(H) Hyatt to Revisit Puerto Rico
Hyatt Hotels Corporation (H) recently announced that a Hyatt affiliate entered into a management agreement with an affiliate of Island Hospitality Partners, LLC to unveil Hyatt Place Bayamón and El...
View Article(HOT) Starwood Hotels & Resorts Worldwide Continues Brand Conversion
Starwood Hotels & Resorts Worldwide Inc. (HOT) recently announced the brand conversion of a former 150-room Four Points by Sheraton property to Aloft Tucson University. The property will undergo a...
View Article(H) Hyatt Hotels Boosts Latin American Presence
Chicago, Illinois-based, Hyatt Hotels Corporation (H) recently announced that one of its affiliates has completed the earlier announced acquisition of Hotel Nikko Mexico for approximately $190 million....
View Article(OEH) Orient-Express Hotels Limited Replaces Interim CEO
Hamilton, Bermuda-based, Orient-Express Hotels Ltd. (OEH) recently announced the appointment of board member Philip R. Mengel as the Chief Executive Officer (CEO) on an interim basis. Mengel replaces...
View Article(HOT) Starwood Hotels & Resorts Worldwide Beefs Up Luxury Collection
Starwood Hotels & Resorts Worldwide Inc. (HOT) recently revealed that it remains on track to unveil 10 new Luxury Collection Hotels & Resorts globally in the near term. The company has...
View Article(HOT) Starwood Hotels & Resorts Worldwide to Overhaul High-end W Brand
Starwood Hotels & Resorts Worldwide Inc. (HOT) announced that more than 10 North American properties of one of its high-end brands, W, will undergo extensive makeover in the coming 18 months. The...
View Article(HOT) Starwood Hotels & Resorts Worldwide Opens 4th Aloft in India
Stamford, Connecticut-based Starwood Hotels & Resorts Worldwide, Inc. (HOT) recently announced the opening of a hotel – ‘Aloft Chandigarh Zirakpur’ – under its Aloft brand in Chandigarh, India. The...
View Article(H) Hyatt Hotels Boosts Caribbean Presence
An affiliate of Chicago, Illinois-based Hyatt Hotels Corp. (H) recently entered into a management agreement with Range Developments for developing a hotel under the Park Hyatt brand in the island of...
View Article(H) Hyatt Hotels Boosts Indian Presence
Chicago-based Hyatt Hotels Corporation (H) recently announced that one of its affiliates has entered into management contracts for two new hotels in India. Financial terms of the deal were not...
View Article(RLH) Red Lion Signs Franchise License Agreement With WR Management for...
Spokane, Washington-based Red Lion Hotels Corporation (RLH) recently announced the signing of a franchise license agreement with WR Management Co. for a hotel — Quality Inn & Suites Date Palm — in...
View Article(HOT) Hotel and Lodging Stock Outlook – August 2012
The year 2012 started on a positive note for the hotel & lodging industry, with lodging performance indicators witnessing considerable improvement in most regions of the world. However, global...
View Article(MAR) Marriott International Reports In Line – Increases EPS Guidance
Marriott International Inc. (MAR) reported second quarter 2012 earnings of 42 cents per share, in line with the Zacks Consensus Estimate. However, earnings in the reported quarter were 24% higher than...
View Article(H) Hyatt Hotels Debuts In Southwest China
Consistent with its expansion activity, Hyatt Hotels Corporation (H) recently announced the opening of the hotel – Hyatt Regency Chongqing – under its Hyatt Regency Brand. The opening marks the debut...
View Article(PEB) Pebblebrook Hotel Trust Acquires West Los Angeles Hotel
Pebblebrook Hotel Trust (PEB), a real estate investment trust (REIT), has recently acquired W Los Angeles – Westwood – a 258-room luxury full-service hotel in the Westwood neighborhood of Los Angeles,...
View Article(H) Hyatt Hotels Expanding in Puerto Rico
Hyatt Hotels Corporation (H) recently announced that a Hyatt affiliate inked a management agreement with an affiliate of Island Hospitality Partners, LLC to unveil Hyatt Place Manatí, Puerto Rico in...
View Article(HOT) Starwood Hotels & Resorts Worldwide to Unveil W in Panama City
Starwood Hotels & Resorts Worldwide Inc.(HOT) recently announced that it is on track to introduce a W brand hotel in Panama City. This will mark the entry of W, one of the high-end brands of...
View Article(RLH) Red Lion Hotels Opens Denver Airport Location
Red Lion Hotels Corporation (RLH) recently inked a franchise license agreement with the owners of a hotel located at the Denver International Airport. The 87-guestroom property will now become the Red...
View Article(HOT) Starwood Hotels and Resorts Worldwide Introduces W in Singapore
In order to ramp up its presence in the flourishing Singaporean market, Starwood Hotels and Resorts Worldwide Inc. (HOT) recently debuted its W brand at Sentosa Cove, Singapore in collaboration with...
View Article(MAR) New Look for Marriott St. Louis
As a part of its continued brand-revitalization, Marriott International Inc. (MAR) has decided to go forward with an extensive makeover plan for its St. Louis Airport property for around $15 million....
View Article(MAR) Marriott Adds JW Marriott in Mexico
In order to further ramp up its presence in Mexico, JW Marriott Hotels & Resorts brand, one of the world class luxury brands of Marriott International, Inc. (MAR), recently struck a deal with...
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