The White Plains, N.Y. -
based hotel company is selling the hotels in an effort to boost its share price and to concentrate on the growth of its other international brands.
The London -
based hotel company has a large amount of cash to spend and has been on a voracious search for acquisition opportunities this year.
Breaking Travel News talks to Omer Kaddouri, chief executive, Rotana Hotel Management, as the Dubai -
based hotel company unveils its latest hotel, in Oman.
Located on the crescent of Palm Jumeirah and scheduled to open in 2015, this 323 - room resort marks double landmark «firsts» for the Hong Kong -
based hotel company: it is the group's first foray into the Middle East and the first resort in its global collection.
Urgo Hotels is a Bethesda, Maryland -
based hotel company that develops, owns and / or operates 34 distinctive and unique hotels and resorts with an aggregate of more than 4,900 rooms in major markets and resorts in the United States, Canada and the Caribbean.
About Pyramid Hotel Group Pyramid Hotel Group is a privately held, Boston -
based hotel company with over 100 hotels and resorts under hotel management and asset management, comprising more than 22,000 - plus rooms and over 10,000 employees.
Not exact matches
• Bluegreen Vacations Corporation (NYSE: BXG), a Boca Raton, Fla. -
based vacation ownership
company, today acquired The Éilan
Hotel and Spa in San Antonio, Texas for approximately $ 34.3 million.
The
company will split into Wyndham
Hotel Group,
based in Parsippany, New Jersey, and Wyndham Vacation Ownership, headquartered in Orlando, Florida, the
company said Wednesday.
Executives from Nuinsco Resources, a Toronto -
based mineral exploration
company, recently checked in to the Corinthia
Hotel in the Sudanese capital of Khartoum.
As soon as we sold the
company to Expedia, which is
based in Seattle, I moved, like, literally that week, and I worked at Expedia and I managed the
hotel business for Expedia, Hotwire, and Hotels.com.
Company: Telegraph Hill Robes, San Francisco Customer
Base: Upscale
hotels and spas Old Sales Cycle: Six months to two years New Sales Cycle: Three months
Its global acquisitions included Minnesota -
based Carlson
Hotels, owner of the Radisson and Park Plaza
Hotels; a 25 % stake in Hilton Worldwide Holdings; a 9.9 % stake in Deutsche Bank; the aircraft leasing arm of the New York financial firm CIT Group; and Ingram Micro, the Irvine -
based company that is the world's largest distributor of technology products.
In the $ 164 billion U.S. lodging market, booking fees are now nearly split between online travel agencies such as Expedia, with $ 39 billion, and
hotels, with $ 38 billion, according to Phocuswright, a New York -
based travel market research
company.
A
company insider told TTG Asia while it's true that smaller
companies like Movenpick would benefit from a larger chain's distribution, clustering, procurement, HR strategies, customer retention, loyalty programmes, cash for key money to secure a trophy
hotel in a key destination and so on, the source believed the sale was triggered by Kingdom Holding, which holds 33.3 per cent in Movenpick, not Swiss -
based Movenpick Holding.
Airbnb has faced regulatory and insurance hurdles on a state - by - state
basis, while simultaneously battling
hotel companies that see the young
company as a growing threat.
The Berkshire, England —
based InterContinental
Hotels Group (IHG) conducted its audit across the entire
company.
Fosun Group, the Shanghai -
based company behind the $ 725 million acquisition of One Chase Manhattan Plaza is setting its sights on more prime New York real estate, including office,
hotel and apartment properties.
About Concord Hospitality Concord Hospitality Enterprises
Company, an award - winning hotel management and development company based in Raleigh, N.C., manages more than 90 hotels offering more than 13,000 guest rooms in 22 states and two Canadian pro
Company, an award - winning
hotel management and development
company based in Raleigh, N.C., manages more than 90 hotels offering more than 13,000 guest rooms in 22 states and two Canadian pro
company based in Raleigh, N.C., manages more than 90
hotels offering more than 13,000 guest rooms in 22 states and two Canadian provinces.
About Coastal
Hotel Group Coastal Hotel Group is a privately held, Seattle - based hotel hospitality management company specializing in distinctive luxury hotels, resorts, inns, and lo
Hotel Group Coastal
Hotel Group is a privately held, Seattle - based hotel hospitality management company specializing in distinctive luxury hotels, resorts, inns, and lo
Hotel Group is a privately held, Seattle -
based hotel hospitality management company specializing in distinctive luxury hotels, resorts, inns, and lo
hotel hospitality management
company specializing in distinctive luxury
hotels, resorts, inns, and lodges.
The Berkeley -
based company started baking its artisan bread for restaurants, grocery stores and
hotels in a small space using traditional baking techniques and processes that had been on the wane in the industry for years.
The Bronx, N.Y. -
based company is a wholly owned subsidiary of The Chefs» Warehouse, a group of specialty food
companies across the country that have been sourcing products to restaurants,
hotels, caterers, manufacturers and gourmet stores for more than 20 years.
The Tempe, Ariz. -
based company began in 1984 as a citrus packinghouse adjunct that made orange and grapefruit juice for local restaurants and
hotels.
With locations in British Columbia, Edmonton and Ontario, the Canada -
based company has more than 5,900 employees and operates 26 gaming properties with 282 tables, more than 9,500 slot machines, 68 restaurants and bars, as well as 272
hotel rooms.
Dedicated restaurants make up a small part of Towne Park's overall client
base, but the valet
company provides services to many world - class
hotels, such as Fontainebleau in Miami, known just as much for its fine dining as its exquisite rooms.
The meat distributing
company works to provide the safest, most environmentally friendly, all - natural, locally grown organic meat products to its
base of customers in the
hotel, restaurant and retail industries.
Stone Brewing, the 10th largest craft brewery in the U.S., and San Diego -
based hospitality collective, Untitled Hospitality, announced their partnership to develop Stone
Hotel — the companies» first - ever brewery h
Hotel — the
companies» first - ever brewery
hotelhotel.
Windsor Court
Hotel has teamed up with Tesla Motors and EnviroSpark Energy Solutions, a Georgia -
based charging station installation
company, to provide an increasingly desirable luxury amenity to its guests and restaurant patrons: complimentary electric - vehicle charging
based on availability.
The
hotel is developed by the Denver -
based real estate
company NuovoRE and is the first Baltimore property under Two Roads Hospitality's Joie de Vivre brand.
A consummate entrepreneur with a magic touch, he has also been instrumental in the successful expansion of a notable Southern California -
based pizza
company, and was one of the co-founders of the luxury boutique
hotel brand Shade
Hotels.
The San Francisco -
based company manages more than 40
hotels and resorts across Asia, North America, and Europe, and is expanding its portfolio internationally.
The Lodge and Spa at Callaway Gardens is operated by Interstate
Hotels & Resorts (www.interstatehotels.com), the leading U.S. -
based global
hotel management
company.
Melia
Hotels International, the Spanish -
based owners of ME London
hotel, has signed a global agreement with the International Union of Food, Agricultural and Hotel Workers to promote ethical standards, including the right of workers to organise collectively but Unite say that the company is now refusing to recognise the u
hotel, has signed a global agreement with the International Union of Food, Agricultural and
Hotel Workers to promote ethical standards, including the right of workers to organise collectively but Unite say that the company is now refusing to recognise the u
Hotel Workers to promote ethical standards, including the right of workers to organise collectively but Unite say that the
company is now refusing to recognise the union.
The manager of the
hotel in which the restaurant is
based disputes this however, and the
company has since sent Politics.co.uk a receipt for a meal bought during that time period showing the service charge included.
The mall development
company founded by Robert Congel as an offshoot of his Syracuse -
based Pyramid Cos. is proposing to build a $ 48 million, 209 - room
hotel at the southeast corner of Hiawatha Boulevard and Solar streets.
The membership of the council includes representatives from tourism - related industries including travel and vacation businesses, convention bureaus, cultural institutions, theme parks and attractions,
hotels and motels, restaurants, water -
based recreation businesses, campgrounds, ski facilities, wineries, halls of fame, travel agents, and transportation
companies.
The laborers rallied outside of the the Roosevelt
Hotel, where the American Wind Energy Association investor conference was being held in New York City, protesting EDF Renewable Energy's hiring practices, the California -
based company involved in the wind farm project.
The Buffalo -
based company owns the former Ramada Inn, located at 150 W. Fourth St.. The group is currently planning a $ 14.2 million renovation of the
hotel into a full - service DoubleTree by Hilton.
The publication, printed in part with the support of NYC &
Company, the City's official destination marketing organization, is available as a 44 - page booklet to be distributed through Manhattan and Bronx -
based visitor's centers, institutions, and top - tier
hotels.
The
hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 3.5 percent to 39.8 percent in December from 38.5 percent a year prior, according to STR, a Tennessee —
based hotel market data and analytics
company.
The
company's asset
base includes residential, commercial,
hotels, parking garages, and convenience stores.
High - end
hotels are mostly operated by brand management
companies with fees
based on a percentage of total revenue; most less expensive
hotels are franchised, and their fees are
based on room revenue only.
Both firms are subsidiaries of Schoeller Holdings Ltd, a closely - held shipping and
hotel company based in Limassol, Cyprus.
Hotel Team Uniform Collection Sketches Unveiled as Part of Crowne Plaza Accelerate Plan InterContinental Hotels Group (IHG), one of the world's leading hotel companies, announces at New York Fashion Week that Timo Weiland, New York based Womens and Menswear brand, has been appointed as Style Director for the Crowne Plaza ® brand in the Americas and will design a new collection of hotel team member unif
Hotel Team Uniform Collection Sketches Unveiled as Part of Crowne Plaza Accelerate Plan InterContinental
Hotels Group (IHG), one of the world's leading
hotel companies, announces at New York Fashion Week that Timo Weiland, New York based Womens and Menswear brand, has been appointed as Style Director for the Crowne Plaza ® brand in the Americas and will design a new collection of hotel team member unif
hotel companies, announces at New York Fashion Week that Timo Weiland, New York
based Womens and Menswear brand, has been appointed as Style Director for the Crowne Plaza ® brand in the Americas and will design a new collection of
hotel team member unif
hotel team member uniforms.
Nearby, at boutique
Hotel Lago, Stephen Longbottom, acting concierge manager, is anxiously awaiting the arrival of the board of directors for Silken Pleasures, a multimillion dollar
company based in New York and specializing in high end cosmetics, fragrances and lingerie.
Even though The James
Hotels already has locations that welcome pet guests, the hospitality chain decided to take its animal amenities one step further by partnering with The Holistic Home
Company, a home and pet goods company based in Brooklyn
Company, a home and pet goods
company based in Brooklyn
company based in Brooklyn, N.Y..
Dubai -
based hospitality firm JA Resorts &
Hotels has announced the appointment of Anthony Ross as the
company's new chief executive.
Rosewood
Hotels & Resorts has been appointed by Vancouver -
based property development
company, Replay Destinations, to manage Rosewood Half Moon Bay Antigua.
Dubai -
based JA Resorts &
Hotels, owned by the Dutco Group of Companies, is an international hospitality company with over 30 years» experience in managing and operating resorts and h
Hotels, owned by the Dutco Group of
Companies, is an international hospitality
company with over 30 years» experience in managing and operating resorts and
hotelshotels.
New World Wealth, the wealth intelligence
company, conducted a survey, as per which it rated the
hotels and train on the
bases of the votes that were casted by the multi-millionaires.
TIME
Hotels Management (TIME), the new Dubai -
based hospitality
company, has announced that it will participate for the first time in Arabian Travel Market (ATM) this year, which runs from April 30 - 3 May at the Dubai International Convention and Exhibition Centre.