Hotel News Resource
October, 17 2019
 
 
 
Bellagio Sold to Blackstone for $4.25 Billion
 
Bellagio Sold to Blackstone for $4.25 Billion
 
MGM Resorts International (NYSE: MGM) announced that it has entered into a definitive agreement to form a joint venture with Blackstone Real Estate Income Trust that values the real estate of Bellagio at $4.25 billion, which represents a purchase price multiple of 17.3x rent. Read More
 
Market Report Abu Dhabi
Abu Dhabi Hotels Report Significant Demand Growth for September 2019
Abu Dhabi Hotels Report Significant Demand Growth for September 2019
 
Hotels in Abu Dhabi, United Arab Emirates, reported occupancy rose 8.3% to 72.9%, ADR increased 1.2% to 341.72 Emirati dirhams ($93.05) and RevPAR rose 9.6% to 249.03 dirhams ($67.81). Read more
 
Market Report Sydney
Sydney Hotel Industry Reports Lower Performance for September 2019
Sydney Hotel Industry Reports Lower Performance for September 2019
 
Hotels in Sydney reported occupancy fell 3.5% to 79.6% in September, according to preliminary STR data. ADR decreased 2.6% to 205.44 Australian dollars ($138.60) and RevPAR declined 6.1% to AU$163.60 ($110.37). Read more
 
Property Management System For Independents
Myrtle Beach Seaside Resorts Optimizes Revenue and Loyalty at 7 Mixed-Use Condo Hotels with Centralized Maestro PMS Multi-Property Solution
 
Maestro Balances Revenue Management with High Occupancy to Drive Success for Multi-Property Resort Company Read more
 
Voice Search
Vizergy Continues to Innovate Technology with Voice Search Optimization Enhancement
Vizergy Continues to Innovate Technology with Voice Search Optimization Enhancement
 
This newest enhancement allows clients to optimize for voice search in an automated fashion using structured data, also known as schema markup. The structured data, which is in the latest JSON-LD format recommended by Google, enables rich results for your website and is embedded into website code to help it become more easily discovered by search engines and help optimize your website content for voice search. Read more
 
Integrated Hospitality Management Platform
INTELITY and Maxxton Join Forces to Offer a Seamless Property Management Experience
 
With the rollout of this integration, hoteliers and property managers can use the two solutions in tandem to optimize efficiency for staff and provide a superior experience for guests. Read more
 
Hotel Transaction Las Vegas
MGM Resorts International Sells Circus Circus Las Vegas For $825 Million
MGM Resorts International Sells Circus Circus Las Vegas For $825 Million
 
MGM Resorts International (NYSE:MGM) today announced that it has entered into a definitive agreement to sell Circus Circus Las Vegas for $825 million to an affiliate of Treasure Island owner Phil Ruffin. For the 12 months ending June 30, 2019, the property reported Adjusted Property EBITDA of $62 million. Read more
 
Hotel Development Brisbane
Wyndham Garden to Make Australian Debut in Brisbane
Wyndham Garden to Make Australian Debut in Brisbane
 
The 120-room Wyndham Garden Suites Spring Hill Brisbane, scheduled to open in September 2021 Read more
 
HFTP Cancún-Riviera Maya Chapter
HFTP Cancún-Riviera Maya Chapter Hosts Successful First Meeting
 
Inaugural Chapter Meeting Draws 150 Area Hospitality Professionals Read more
 
Sprout Social Platform
Lodging Interactive Becomes Sprout Social Agency Partner
 
The Sprout Social platform enables the Company to efficiently create content, schedule posts, size images, and engage with followers. The platform is equipped to accommodate every large social media platforms such as Facebook, Twitter, Instagram, Pinterest and LinkedIn. Read more
 
Hotel Opening Venice
St. Regis Venice Hotel Opens On Venice’s Grand Canal
St. Regis Venice Garden Terrace
 
St. Regis Hotels & Resorts today announced the debut of The St. Regis Venice, located steps away from Piazza San Marco and boasting the largest waterfrontage in Venice. The opening follows a two-year, full-scale renovation, restoring the grandeur of the former Grand Hotel Britannia, which opened in 1895. Read more
 

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In Brief...
 

Hotel Plus - HDE
The 29th Hotel Plus - HDE to Be Held in Shanghai from 27 to 29 April 2020

Backlinks
The Power of Backlinks for Your Hotel Business

Hotel Opening Kingdom Of Bhutan
Six Senses Gangtey Opens in Bhutan

Hotel Opening Dominica
Range Developments Opens Cabrits Resort & Spa Kempinski, Dominica

Hotel Opening Aruba
Hyatt Place Aruba Airport Hotel Opens

Hotel Opening Florida
Three Choice Brands Open Hotels On The Same Sarasota Campus

 
 
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