Hotel News

Nov. 6, 2009--Chicago-based Hyatt Hotels Corp. made a strong showing Thursday in its trading debut.

Miami, FL, November 5, 2009 More than nine out of ten active leisure travelers in the United States report they are familiar with the concept of timesharing, reinforcing the wide-spread belief that this form of vacationing has established itself as a recognized, understood, and increasingly popular alternative to more traditional lodging ...

St. Regis NEW YORK CITY-GFC Fifth Avenue LLC, an investment group led by Crown Acquisitions, Goldman Properties and the Feil Organization, has acquired the retail portion of the St.

The Woodlands , Texas, November 2009 ... Benchmark Hospitality International has announced the appointment of Robb A. Rybicki as director of catering for Eaglewood Resort & Spa of Itasca, Illinois, in the Chicagoland area.

Part of the struggle for Las Vegas casinos to overcome is eroding convention business.

Worldwide, Inc. announced today that it has priced an underwritten public offering of $250 million of 7.150% Senior Notes due 2019.

The Ritz-Carlton Destination Club, an equity-based, luxury destination club, and Marquis Jet, the leader in private jet cards, have forged a new partnership.

The casino licensing for CityCenter has warranted its own separate hearing from Nevada gaming regulators.

Starwood Hotels & Resorts Worldwide Inc. said Thursday it closed on the sale of St.

Elvis is coming to The Strip - Cirque du Soleil style. Cirque du Soleil announced Thursday that its new show in Las Vegas will be called "Viva ELVIS." The show will be a tribute to the life and music of Elvis Presley.

Nov. 5 -- David Menlow, president of IPOfinancial.com, talks with Bloomberg's Carol Massar and Adam Johnson about Hyatt Hotels Corp.'s initial public offering.

In this photo made Tuesday, Oct. 20, 2009, MGM Mirage casino properties including the MGM Grand,... In this photo made Tuesday, Oct.

Hyatt Hotels Corp., the chain controlled by Chicagoa s Pritzker family, climbed in its first day of trading after raising $950 million in the third-largest U.S. initial public offering this year.

Real estate investor Barry Sternlicht is betting the Greenwich housing market is making a comeback.

Same-store RevPAR for all managed hotels in the third quarter of 2009 decreased 20.8 percent to $78.97. Average daily rate declined 15.1 percent to $115.29, and occupancy was off 6.7 percent to 68.5 percent.

There's talk of infighting among its founder's heirs and a sluggish appetite for hotel reservations around the globe.

TORONTO, ONTARIO; Nov 03, 2009 Committed to providing anticipative service and a personalized luxury experience that its guests have come to know and expect, Fairmont Hotels & Resorts has expanded its partnership with BMW to offer members of the brand's guest loyalty program, Fairmont President's Club , complimentary access to BMW X5 xDrive 35d ...

Starwood Hotels and Resorts Worldwide, Inc. has opened Aloft Abu Dhabi, the first Aloft to open in the Middle East and the second Aloft to open outside of North America.

The Las Vegas Chamber of Commerce says MGM Mirage Chief Executive Jim Murren and "Superfreakonomics" author Steven Levitt will speak to business leaders in southern Nevada at a conference in January.

Steiner Leisure Limited today announced that it has entered into an agreement for the acquisition of all the issued and outstanding capital stock of Bliss World Holdings, Inc.