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Hotel News

Hotels news continually updated from thousands of sources around the net.

2 hrs ago | Ledger-Enquirer.com

MGM finalizes purchase of 2 Springfield properties

City and casino officials confirmed Friday that the Las Vegas-based casino giant closed on the former Zanetti School and the historic Springfield State Armory building Thursday.

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Related Topix: House Party, MGM Mirage, Media

3 hrs ago | Business Journal

Destination Hotels acquires contract for Scottsdale Resort

Destination Hotels & Resorts announced on Aug. 1, 2014, that it acquired the contract to operate the Scottsdale Resort and Conference Center in the Phoenix area.

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Related Topix: Destination Hotels and Resorts, Scottsdale, AZ, Life, Holidays, Lughnasadh, Phoenix, AZ, Tempe, AZ

3 hrs ago | Hotel Online

Hilton Worldwide Reports Q2 2014 Net Income of $209 million: RevPAR Increased 6.7%

MCLEAN, Va.--Hilton Worldwide Holdings Inc. today reported its second quarter 2014 results and raised its full year 2014 outlook.

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Related Topix: Hilton Hotels Corporation, McLean, VA

6 hrs ago | Business Journal

Hilton boosts forecast

In a strong second quarter, Hilton added 8,000 new rooms. The brand has several hotels in the region, including the Hilton Albany, pictured here and located in the heart of downtown.

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Related Topix: Albany, NY, Marriott International

7 hrs ago | AmericanBankingNews.com

Starwood Hotels & Resorts Worldwide Inc Announces Special Dividend of $0.65

Starwood Hotels & Resorts Worldwide announced a special dividend on Friday, August 1st, Analyst Ratings Network reports.

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Related Topix: Travel/Tourism, Starwood Hotel and Resorts Worldwide, Apparel, Raymond Ltd

11 hrs ago | Business Journal

MGM forges ahead with $800 million Springfield plan despite threat of voter action against casinos

Although a vote this November could repeal the entire law legalizing casino gaming in Massachusetts, MGM Resorts International is continuing to work to break ground on its estimated $800 million casino in Springfield's South End.

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Related Topix: Springfield, MA, Media, MGM Mirage

15 hrs ago | Grist Magazine

Using Airbnb is greener than staying in hotels

Airbnb recently scored surprise props from Marriott CEO Arne Sorenson, a hotel-industry competitor.

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Related Topix: AirBnB, Marriott International

Thu Jul 31, 2014

Business Journal

Matchmaker for businesses, foreign investors, expands to Twin Cities

North Dakota/Minnesota EB-5 Regional Center helps businesses find funding through the federal government's EB-5 program.

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Related Topix: Minnesota, Marriott International

Hotel News Resource

Indian Hotel Chain Improves Online Sales with ERevMax

All properties of the group are using RateTiger for availability, rates and inventory updates across online sales channels including reservation delivery .

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Related Topix: World News, India, Asia,

Business Journal

Extended Stay checks in Q2 with increased profit, revenue

Charlotte-based hotel chain Extended Stay America Inc. reported a 15.1 percent jump in its net income for shareholders and a 9.6 percent rise in revenue for the second quarter.

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Related Topix: ESA

Business Journal

Host Hotels & Resorts boosts net income with higher room rates

Same song, different singer in the hotel business. Host Hotels and Resorts, like Marriott before it , reports higher revenue, net earnings and revenue per available room for its latest quarter.

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Related Topix: Startups, HST, Arlington Hospitality

GlobeSt.com

Starwood Hotels Takes Westin to China

ZHOUSHAN, China- Starwood Hotels & Resorts Worldwide, Inc. has completed the opening of The Westin Zhujiajian Resort, Zhoushan , marking the Westin brand's debut in the city of Zhoushan in the Zhejiang province of China.

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Related Topix: Travel/Tourism, Starwood Hotel and Resorts Worldwide, Life, Food, Dining

Hotel News Resource

Accor Announces Senior Appointments Within HotelServices in Europe

Steven Daines is appointed CEO HotelServices United Kingdom, Ireland, Benelux, Switzerland and Russia.

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Fodor's

10 Hotels with Hands-On Food Experiences

Fodor's may use your e-mail address to send you relevant information on site updates, account changes, and offers.

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Related Topix: Life, Food, Dining, Travel/Tourism, Four Seasons Hotels, Home Gardening, Home, Africa, South Africa Travel, Africa, Mali Travel, Africa Travel, Mali Travel, Travel, South Africa Travel

Wed Jul 30, 2014

Hotel News Resource

New Heritage Hotel Announced for Albuquerque New Mexico

Plans have been finalized for a new multi-million dollar hotel in the heart of Old Town, Albuquerque, according to Heritage Hotels and Resorts, Inc. Plans have been finalized for a new multi-million dollar hotel in the heart of Old Town, Albuquerque, according to Heritage Hotels and Resorts, Inc. The 118-room project will break ground by late fall ... (more)

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Related Topix: New Mexico, Albuquerque, NM

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

This report provides an overview of the company's servicing operations and a discussion of the areas evaluated ... )--Brookline Bancorp, Inc. today announced net income of $10.0 million, or $0.14 per basic and diluted share, for the second quarter of 2014, co... )--Belmond Ltd. , owners, part-owners or managers of 45 luxury hotel, restau...

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Related Topix: Brookline Bancorp, Banking, Financial Services, Travel/Tourism, OrientExpress Hotels, Financial Markets

Hotel Online

Marriott International Reports Q2 2014 Net Income of $192 million with RevPAR Gains of 5.8%

Second quarter adjusted diluted EPS totaled $0.71 , a 25 percent increase over prior year reported results.

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Related Topix: Marriott International

Hotel News Resource

Best Western Patong Beach to Open in Phuket

The new BEST WESTERN Patong Beach which will open in October is located close to the heart of Phuket's main tourist area, less than 1km from the famous white sands of Patong Beach and a multitude of bars, restaurants and entertainment venues.

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Related Topix: World News, Thailand

Hotel Business

JW Marriott Hotels & Resorts Opens New Property in China

JW Marriott Hotels & Resorts expanded its luxury portfolio in China with the recent opening of the 416-room JW Marriott Hotel Zhengzhou in Henan Province.

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Related Topix: Marriott International, World News, China, Asia,

Barron's

Wynn: Q2 VIP Gaming, Staff Bonus; Analysts Lower TP

Encouraged by better-than-expected Las Vegas performance in the second quarter, investors brushed away the poor performance at Wynn Resorts 's Macau operations and pushed Wynn's shares up 3.1% yesterday.

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Related Topix: Destination Hotels and Resorts, Gaming, Wynn Resorts, Banking, Deutsche Bank AG, Financial Services

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