Hotel Industry News

Hotel Industry Leading Indicator - HIL - Up In April

Purchases the Radisson Plaza San Jose and the Embassy Suites Palm Desert

Jekyll Oceanfront Hotel, LLC (JOFH) and New Castle Hotels & Resorts today broke ground on the $41 million Westin Jekyll Island, a 200-room, convention-class, beachfront hotel that will open in September 2014 as part of the Jekyll Island Beach Village project.

sbe and Larry Levy, Founder and Chairman of Levy Restaurants, and Bob Heyat today announced their partnership to launch The Redbury Hotel South Beach.

ADR increases 3.8% to US$110.02

To kick off the program, 24 Houston students will participate in a three-day hospitality camp starting July 8th at the University of Houston's Hilton College. Program participants will be matched up with a personal mentor from the hospitality industry; a one-year internship at a local Hilton Worldwide-branded hotel managed by American Liberty Hospitality; and, will receive financial support towards a hospitality degree.

The American Hotel & Lodging Educational Institute (EI) honored the Navy Lodge program with the first Military Certification Excellence Award during the Navy Lodge annual conference on April 26.

Mecca currently has 12 new luxury hotels with a total number of more than 6,000 rooms in the hotel construction and development pipeline.

Announces agreement to take over the management of the Green Hill Hotel, a property located in the heart of Myanmar’s largest city, Yangon.

To date, almost 71 million US dollars have been invested in the hotel with the opening scheduled for summer 2014.

Jay Patel, CEO/CFO of Asha Companies announced the purchase of 10 new hotels consisting of 860 guest rooms located within North Dakota, Montana, Wyoming, and Texas.

The new 177-room hotel in the midtown west Manhattan area, at 538 West 48th St., is the closest hotel to the Manhattan Cruise Terminal.