Hotel News Resource
August, 3 2017
Outsourcing Your Accounting and Why this is a Stupid Idea
Outsourcing Your Accounting and Why This is a Stupid Idea - By David Lund
Outsourcing your hotel accounting is an unintelligent move, that is my opinion and I am going to make my case right here. When I refer to outsourcing, I am talking about a third party provider, not a centralized function. Read More
Market Report Middle East
Mixed Profit Performance for Middle East & Africa Hotels During Ramadan 2017
MENA Chain Hotels Market Review - June 2017 Read more
North American Meeting Trends
Chicago, Orlando, DC Top North American Meeting Planner Locations
Chicago, Orlando, DC Top North American Meeting Planner Locations
Meeting planners gravitate toward Chicago (67%), Orlando (67%) and Washington, D.C. (66%), followed by San Diego (64%) and Las Vegas (62%), according to STR's DestinationMAP study. Read more
Market Report Europe
Budapest Leads the Way As Hotel Profit Grows Across Europe in June
European Chain Hotels Market Review - June 2017 Read more
Hotel Guest Experience Management
Webinar Replay - Hotel Guest Experience Management: Everything You Need to Know
Last Thursday, July 27, in a live webinar featuring Jeff Zabin, Research Director at Starfleet Research, and hosted by Agilysys, a leading provider of hospitality software and solutions for hotels, resorts and restaurants, industry experts shared their knowledge and insights on how next-generation technologies are being deployed to help manage the hotel guest experience. Read more
Hotel Development California
Kokua Hospitality Adds Carmel Mission Inn to Hotel Portfolio
Carmel Mission Inn pool and guestroom patios.
The coastal boutique property features 165 guestrooms, over 4,500 square feet of meeting space, a restaurant and bar, a fitness center, as well as an outdoor pool, Jacuzzi, and private gardens. Read more
Hotel Development Moscow
Pentahotel Moscow - Arabat to Open in Time for 2018 Fifa World Cup
pentahotel Moscow - Arabat to Open in Time for 2018 Fifa World Cup
Pentahotel Moscow - Arbat will be situated within one of the four famous "'Book Houses" located on Novy Arbat, around one mile from the Red Square. As part of 'Arbat, 15 Building', the new hotel will be located at the intersection of tourism, government and commercial districts. Read more
Hotel Development Taiwan
The Okura Prestige Taichung Hotel to Open 2021 in Taiwan
Rendering of The Okura Prestige Taichung
The Okura Prestige Taichung will be situated in a commercial complex of offices and hotels located in the heart of Taichung. The city’s 7th Redevelopment Zone, where the commercial complex will be developed, is becoming Taichung’s new business and commercial center. The hotel will be close to cultural attractions such as the National Taichung Theater and the new Taichung City Government. Read more
Hotel Transaction Manhattan
Royalton New York Hotel Sold for $55 Million
Royalton New York Hotel Sold for $55 million
FelCor Lodging Trust Incorporated (NYSE: FCH) yesterday announced that it has sold its 168-room Royalton New York hotel to a joint venture between Rockpoint Group and Highgate for gross proceeds of $55 million. Read more

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In Brief...

U.S. Employment Trends
U.S. June Jobless Rates Down over the Year in 336 of 388 Metro Areas; Payroll Jobs Up In 342

China's Anbang Ordered To Sell Assets
China's Anbang Ordered to Sell Assets Like Waldorf=Astoria New York and Other Hotels - BoardingArea

Hotel Development Oregon
Canopy by Hilton Portland Pearl District Celebrates Topping Off Ceremony

Management Appointment John Paul
Amber Treshnell Named Chief Executive Officer Americas for John Paul

Choice Hotels Results
Choice Hotels International Reports A 16-Percent Increase In Second Quarter Diluted Earnings Per Share

Chesapeake Lodging Trust Results
Chesapeake Lodging Trust Reports 3.7 Percent RevPAR Decrease for Second Quarter

Chatham Lodging Trust Results
Chatham Lodging Trust Announces Second Quarter 2017 Results

Hotel Opening Alabama
Dual Branded Hilton Garden Inn & Home2 Suites by Hilton to OpenThis September in Birmingham, Alabama

Hotel Opening Chile
Hotel Santiago Now Mandarin Oriental Hotel Group’s First Property In South America

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