Hotel Industry News Archive for 2010

The world has been watching the extrication of the Chilean miners – one by one – in a rescue attempt since Tuesday night. This is high drama with all of us admiring the process and methodical planning of the drilling and rescue crews.

Pinot Noir or Cabernet? Chardonnay or Reisling? Chinese Merlot or Argentine Malbec? For some, a wine’s only duty is to taste good; but for others, discovering the true joy of a glass or two of wine with their favorite dishes rests in appreciating the nuances between the varietals and observing the service traditions.

The Swiss-based Company Plans to Open New Properties in Bangkok, Chiang Mai and Koh Samui and Operate Five Hotels in the Country by 2014

Gregory Ade, Erik McDonald to Play Important Roles in Company's Plan to Double in Size

The October 2010 edition of the Asia Pacific Economic Outlook gives a near-term outlook for China, Indonesia, Japan, and Thailand.

Viceroy Anguilla today announced that Starwood Capital Group has completed the purchase of the loan originally made to the developer of the property, Barnes Bay Development.

The Latino Hotel Association (LHA), a newly formed global organization dedicated to expanding Latino ownership, leadership and commerce in the hotel industry, today announced that it has formed a strategic alliance with STR, the hotel industry's leading data provider.

Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium branded select-service hotels, today announced that it successfully closed on its $85 million revolving secured line of credit.

estin Hotels New Eco-Friendly Guestrooms Embrace Natural Elements Sheraton Hotels Introduces a Classical Revival Scheme with a Modern Touch and Residential Feel

Chesapeake Lodging Trust (NYSE:CHSP) today announced it has completed its public offering of 9,085,000 common shares of beneficial interest, including 1,185,000 common shares sold as a result of the full exercise by the underwriters of their overallotment option, raising approximately $140.5 million of net proceeds, after deducting the underwriting discount and estimated offering costs.