Franchising.com: The Southeastern hotel chain, Key West Inns, Inc. has hired Mr. Rick Patel as the chain Brand Manager. Now with 21 locations, Key West Inns will focus on chain growth while offering assisting the current hotel franchisees. As a former Key West Inn franchisee, Rick Patel brings seven years of successful KWI operations back […]
Key West Inns, Inc. Hires Rick Patel As Brand Manage Read More »
Market Wire: Royal Host Real Estate Investment Trust has declared a distribution of $0.055 per unit, payable February 13, 2009, to Unitholders of record on January 30, 2009. This distribution is the 135th consecutive monthly distribution to Unitholders and brings the total funds distributed to $9.09 per unit since Royal Host’s inception. Royal Host is
Royal Host REIT Announces Distribution Of $0.055 To Unitholders Read More »
The Financial: InterContinental Hotels Group (IHG) has signed a franchise agreement with Foremost Hospitality GmbH to introduce 20 new Holiday Inn and Holiday Inn Express properties across the country’s key cities by 2016. Speaking about the signing Karl-Heinz Pawlizki, IHG’s director of operations, Germany, said: “As IHG’s sixth biggest market globally by number of rooms
IHG In Franchise Deal For 20 New Holiday Inns In Germany Read More »
Times Now.tv: Hilton Hotels Corporation today said it has entered into an agreement with real estate player JMD to set up the first Doubletree brand of hotel in the country. “With more than 200 hotels in some of the most desired business and leisure destinations worldwide, our entire brand team looks forward to expanding our
Hilton In Pact With JMD To Set Up Doubletree Brand Of Hotels Read More »
Franchise Key: Last month, Choice Hotels International, Inc. announced that the Roberts Hotels Group is now the company’s largest African-American franchisee with an inventory of almost 1,000 Choice Hotels rooms. Roberts Hotels Group, it says, is also the largest African American owned and managed hotel group in the United States. Brian Parker, vice president of
Roberts Hotels Group Becomes Choice Hotels Largest African-American Franchisee Read More »
Franchising.com: aloha! Starwood Hotels & Resorts Worldwide, Inc.® and its much-anticipated new lifestyle brand, Aloftsm hotels, opens its doors today in Charlotte, making Aloft Charlotte Uptown at the EpiCentre the first Aloft to open in North Carolina. Developed by owner and operator Noble Investment Group, the new Aloft Charlotte Uptown at the EpiCentre, is located
ALOHA! Charlotte, North Carolina Read More »
Franchise Key: Tour operators, Thomas Cook, are planning to launch a new hotel brand, Sentido, this winter. According to a report in the magazine, fvw soll, Sentido is to be operated via franchising. Just recently, competitors TUI had announced that they are intending to launch a franchise hotel chain called Sensimar next summer. The Sentido
Thomas Cook Planning New Franchise Hotel Chain Read More »
Franchise Key: According to a report published by the Allgemeine Hotel- und Gaststättenzeitung (AGHZ), the first Hilton Garden Inn has been opened up in Russia in the City of Perm. The new hotel is being operated as a franchise hotel by the Hilton Hotel Corporation and the Hotels of Ural Ltd. Information in the report
Hilton Expands In Russia Via Franchising Read More »
American City Business Journals: While profits have been down that doesn’t mean hotel expansion is coming to a standstill. Lima, Peru newspaper El Comercio is reporting that several hotel chains, including Marriott International, Inc., and Hilton Hotels Corp. are planning to build new luxury properties in Peru. Third-quarter profits at Bethesda-based Marriott International were down
Marriott, Hilton Planning New Hotels Read More »
MSNBC: U.S. stocks plunged in 2008 as both consumers and businesses cut back on travel spending. Demand for hotel rooms weakened in the spring and summer as soaring gas prices, the housing market crisis and broader worries about the economy helped make the “staycation” — a vacation spent at home — a new trend for
US Hotel Shares Suffer In Year Of The ‘Staycation’ Read More »
