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HOTEL NEWS October 2013
HOTEL NEWS October 2013 TRANSACTIONS FOR SALE BRANDS TRENDS NEW OPENINGS DEVELOPMENT Welcome to our latest monthly round-up, highlighting a selection of key news and developments for the UK & Ireland. Transactions Swiss-based BSQ Investments has acquired the 4-star 774-bed Citywest Hotel & Golf Resort, Dublin for around €30M. The hotel, with conference facilities for over 4,000 delegates, was de- veloped by Mansfield Group in the 1990s but has been managed by Dalata since being placed in receivership last year. Michels & Taylor will shortly take over the management of the hotel. The Greater Manchester Pension Fund has acquired the 4-star 138-bed Novotel Cardiff Centre for £12.3M, reflecting a net initial yield of 6.3%. The former Hanover International hotel is leased to Accor until 2030 at the higher ofa minimum base rent of £822,000 p.a. or 23% of turnover. Savills has completed the sale of two hotels in York. The 91-bed Ibis York Centre, which is leased to Accor until 2023 with a follow on extension, was bought by Algonquin off a £6M guide price. The 200-bed Park Inn York was sold off a £18M guide price to an unnamed buyer and is leased to Carlson Rezidor until 2031. Canadian hotel group Northland Properties has acquired the 4-star 151-bed Ramada Plaza Lon- don Gatwick for a price well in excess of the £4.9M guide price set by Knight Frank on behalf of administrators, KPMG. Northland plan to reposition the hotel under their Sandman Signature brand, joining their other UK property, which opened in Newcastle in 2011. -
Connect Summer 2019 Read More
connectCWT’s business travel magazine | UK & Ireland | Summer 2019 TRAVELLER TRIBES How data profiling is helping travel managers Reinventing the workplace Why people are choosing stylish shared office space Captivating your audience Make a great impression on your next public appearance A city transformed Bogotá, a Latin American innovation gateway connect 2/2019 – Editorial 3 Welcome to the summer issue of Connect! he summer is finally here and I’m sure many of you are starting to accelerate your holiday plans as you prepare to head off some- where special over the next couple of months. Before you do, Thowever, we have a packed Connect for you to enjoy. As senior Director Solutions Group EMEA, my role is to lead the con- sulting team for the region. I’m proud to be the guest editor of this issue, which sees a focus on traveller profiling and features an in-depth interview with my Solutions Group colleague Marine Bergeron, director EMEA, CWT Solutions Group. We highlight some different traveller types and how to best manage them, though these overviews only scratch the surface of the types of profiles your organisation might deal with. We also give you the opportunity to download our new “Business Traveller Tribes” e-book (which you can access via the QR code found in the article.) In the book, you can enjoy taking our personality test to discover which tribe you belong to. We’ve got Located in amazing central London locations, we strive to In this issue, we travel to Colombia and its sprawling, high-altitude exceed our guests’ expectations capital, Bogotá, to find out how the city is becoming a major Latin in everything we do. -
U.S.-Cuba Trade and Economic Council, Inc. New York, New York Telephone (917) 453-6726 • E-Mail: [email protected]
U.S.-Cuba Trade and Economic Council, Inc. New York, New York Telephone (917) 453-6726 • E-mail: [email protected] Internet: http://www.cubatrade.org • Twitter: @CubaCouncil Facebook: www.facebook.com/uscubatradeandeconomiccouncil LinkedIn: www.linkedin.com/company/u-s--cuba-trade-and-economic-council-inc- If NH Hotel Group Is Sued Using Libertad Act, One Defendant Would Be Former U.S. Citizen Who Now Controls Company Madrid, Spain-based NH Hotel Group (2018 revenues approximately US$1.8 billion), which is 94.13% owned by Bangkok, Thailand-based Minor International Public Company Limited (2018 revenues approximately US$2 billion). LINK: https://www.minor.com/en NH Hotel Group manages two properties in the Republic of Cuba: 220-room NH Capri La Habana and 31- room NH Collection Victoria La Habana and one property in the United States: 288-room NH Collection New York Madison Avenue. “William Heinecke is the chairman and CEO of hospitality group Minor International, the company he founded as a cleaning business when he was 17 — still a minor — four years after relocating to Bangkok with his family. Throughout his 20s and 30s, it evolved into one of Thailand’s leading hospitality chains, and Heinecke said he felt he owed it to the country that “adopted” him to show his dedication to doing business there. Eight years after becoming a naturalized Thai citizen in 1991, William Heinecke was 42 when he did something drastic: He walked into the U.S. embassy in Bangkok, handed over his passport and renounced his citizenship.” “He holds an Honorary Doctorate of Business Administration in Management from Yonok University, Lampang. -
Proposed Homewood Suites Atlanta Airport
SUMMARY MARKET STUDY Proposed Homewood Suites Atlanta Airport 3405 BOBBY BROWN PARKWAY ATLANTA, GEORGIA SUBMITTED TO:PR OPOSED PREPARED BY: Mr. Sachin Patel HVS Consulting and Valuation Services American Life Inc Division of Hotel Appraisals, LLC 2100 Parklake Drive North East, Suite P 369 Willis Avenue Atlanta, Georgia 30345 Mineola, New York 11501 +1 770 938-2060 +1 516 248-8828 December - 2013 December 20, 2013 Mr. Sachin Patel American Life Inc 2100 Parklake Drive North East, Suite P Atlanta, Georgia 30345 HVS NEW YORK Re: Proposed Homewood Suites Atlanta Airport 369 Willis Avenue Atlanta, Georgia Mineola, New York 11501 HVS Reference: 2013010798 +1 516 248-8828 +1 516 742-3059 FAX www.hvs.com Dear Mr. Patel: Atlanta Boston Pursuant to your request, we herewith submit our summary market study Boulder pertaining to the above-captioned property. We have inspected the real estate and Chicago analyzed the hotel market conditions in the Atlanta, Georgia area. We have studied Dallas the proposed project, and the results of our fieldwork and analysis are presented Denver in this report. We have also reviewed the proposed improvements for this site. Our Houston report was prepared in accordance with the Uniform Standards of Professional Las Vegas Appraisal Practice (USPAP), as provided by the Appraisal Foundation. Mexico City Miami Minneapolis We hereby certify that we have no undisclosed interest in the property, and our Nassau employment and compensation are not contingent upon our findings. This study is New York subject to the comments made throughout this report and to all assumptions and Newport limiting conditions set forth herein. -
Hotel-Map.Pdf
RADIOLOGICAL SOCIETY OF NORTH AMERICA 102ND SCIENTIFIC ASSEMBLY AND ANNUAL MEETING McCORMICK PLACE, CHICAGO NOVEMBER 27 – DECEMBER 2 DOWNTOWN CHICAGO HOTELS OLD CLYBOURN 1 Palmer House Hilton Hotel 28 Fairmont Hotel Chicago 61 Monaco Chicago, CORRIDOR TOWN 17 East Monroe 200 North Columbus Dr. A Kimpton Hotel 2 Hilton Chicago 29 Four Seasons Hotel 225 North Wabash 23 720 South Michigan Ave. 120 East Delaware Pl. 62 Omni Chicago Hotel GOLD 60 70 3 Hyatt Regency 30 Freehand Chicago Hostel 676 North Michigan Ave. COAST 29 87 38 66 Chicago Hotel and Hotel 63 Palomar Chicago, 89 68 151 East Wacker Dr. 19 East Ohio St. A Kimpton Hotel 80 47 4 Hyatt Regency McCormick 31 The Gray, A Kimpton Hotel 505 North State St. Place Hotel 122 W. Monroe St. 64 Park Hyatt Hotel 2233 South Martin Luther 32 The Gwen, a Luxury 800 North Michigan Ave. King Dr. Collection Hotel, Chicago 65 Peninsula Hotel 5 Marriott Downtown 521 North Rush St. 108 East Superior St. 79 Magnificent Mile 33 Hampton Inn & Suites 66 Public Chicago 86 540 North Michigan Ave. 33 West Illinois St. 78 1301 North State Pkwy. Sheraton Chicago Hotel Hampton Inn Chicago 75 6 34 67 Radisson Blu Aqua & Towers Downtown Magnificent Mile 73 Hotel Chicago 301 East North Water St. 160 East Huron 221 N. Columbus Dr. 64 7 AC Hotel Chicago 35 Hampton Majestic 68 Raffaello Hotel NEAR 65 59 Downtown 22 West Monroe St. 201 East Delaware Pl. 62 10 34 42 630 North Rush St. NORTH 36 Hard Rock Hotel Chicago 69 Renaissance Chicago 46 21 MAGNIFICENT 230 North Michigan Ave. -
All Securities Law, Franchise Law, and Take-Over Law Filings for 3/28/2021 Through 4/3/2021
All Securities Law, Franchise Law, and Take-Over Law Filings for 3/28/2021 through 4/3/2021 Securities Law Registration Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received Capital Impact Partners Arlington, VA 3/30/2021 863527-02 Registered Number of Registration Filings: 1 Securities Law Exemption Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received Life Point Christian Fellowship San Tan Valley, 3/31/2021 863617-08 Not Disallowed D/B/A Lifepoint Church AZ Number of Exemption Filings: 1 Securities Law Federal Covered Security-Investment Company Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received AMG Funds III AMG GW&K High Greenwich, CT 4/2/2021 863525-03 Filed Income Fund Class I Ei. Ventures, Inc. Kihei, HI 4/2/2021 863624-25 Filed Epilog Imaging Systems, Inc. San Jose, CA 4/2/2021 863623-25 Filed 1WS Credit Income Fund Class New York, NY 4/1/2021 863521-59 Filed A-2 Shares Advisors Series Trust First Milwaukee, WI 4/1/2021 863520-03 Filed Sentier American Listed Infrastructure Fund Class I FS Series Trust FS Real Asset Philadelphia, PA 4/1/2021 863523-03 Filed Fund Class A FS Series Trust FS Real Asset Philadelphia, PA 4/1/2021 863524-03 Filed Fund Class I Morgan Stanley Institutional New York, NY 4/1/2021 863522-03 Filed Fund, Inc. Emerging Markets Leaders Portfolio Class IR Aspiriant Risk-Managed Capital Milwaukee, WI 3/30/2021 863622-59 Filed Appreciation Fund Aspiriant Risk-Managed Real Milwaukee, -
Minor Hotels Management Companies
Minor Hotels Management Companies Area Company Name Registered Address Asia Minor Hotel Group Limited 12th Floor, 88 The PARQ Building, Ratchadaphisek Road, Khlong Toei, Bangkok 10110, Thailand Asia MHG IP Holding (Singapore) 2 Alexandra Road, #05-04/05, Delta House, Singapore 159919 Pte Ltd. Asia Minor Hotel Management 102B9, No. 318 Huangzhao Road, Pudong New Area, Shanghai (Shanghai) Limited City, People’s Republic of China Asia Lodging Management Level 15(A1), Main Office Tower, Financial Park Labuan, Jalan (Labuan) Limited Merdeka, 87000 Labuan FT, Malaysia Asia Minor International Level 15(A1), Main Office Tower, Financial Park Labuan, Jalan (Labuan) Limited Merdeka, 87000, F.T., Labuan, Malaysia Asia M&H Management Limited 10th Floor, Standard Chartered Tower, 19 Cybercity, Ebene, Mauritius Asia MHG International Holding 10th Floor, Standard Chartered Tower, 19 Cybercity, Ebene, (Mauritius) Mauritius Asia PT Lodging Management Equity Tower 49th Floor, Jl. Jend Sudirman Suite 49 BCF, Kav Indonesia 52-53 SCBD Sudirman, Jakarta Selatan – 12190 Indonesia Asia MHG Management (India) Regus Centre Saket Private Limited, Rectangle-1, D-4, District Private Limited Centre,Saket Commercial Complex New Delhi - 110019, Delhi, India Asia Kalutara Luxury Hotel and Hemas House, No. 75. Braybrooke place, Colombo, Sri Lanka Resort (Private) Limited Africa Minor Hotel Group South 15 Alice Lane, Sandton, Sandton Gauteng, 2196, South Africa Africa (PTY) Limited Africa MHG Management Tunisia 6, Rue Ibn Hazm, Cité Jardins, Le Belvédère, 1002, Tunis, SARL Tunisia Australia Oaks Hotels & Resorts Level 5, 26 Duporth Avenue, Maroochydore, Queensland, Limited Australia 4558 Australia 187 Kent Pty Ltd Level 5, 26 Duporth Avenue, Maroochydore, Queensland, Australia 4558 Australia 361 Kent Pty Ltd Level 5, 26 Duporth Avenue, Maroochydore, Queensland, Australia 4558 Australia Accom (Vic) Pty Ltd Level 5, 26 Duporth Avenue, Maroochydore, Queensland, Australia 4558 Australia Accom Melbourne Pty Ltd Level 5, 26 Duporth Avenue, Maroochydore, Queensland, Australia 4558 Australia A.C.N. -
Federico J. González
THE CONVERSATION Radisson Hotel Group FEDERICO J. GONZÁLEZ The hotel group’s Chairman of the Global Steering Committee tells Andy Hoskins about his company’s transformation and its grand aspirations ighteen months have passed since “Jinjiang is very focused on hotels whereas segment that are competing against each Federico J. González joined the [current owners] HNA are more dispersed other in the same town or neighbourhood. E Radisson Hotel Group and he has in different sectors, so I think you can Our investors and hotel owners know they already overseen a re-brand of the two expect to see significant growth across all won't be competing against another Radisson arms of the company (based in Brussels our brands in China,” says González. in the same segment in the same town.” and Minneapolis) and implemented a And in a world of big brand mergers and If the group has a weakness it is perhaps five-year plan to “transform the company acquisitions, could Radisson and Jinjiang up its relatively uneven distribution of brands, in terms of revenue and reputation”. the ante? “I think so. We have a very strong, with Radisson Blu and Park Plaza strong in Previously known as the Carlson Rezidor aggressive five-year growth plan but that is Europe, for example, while Radisson hotels Hotel Group, the change of title brought the without factoring in any acquisitions. There and Country Inn and Suites are abundant Radisson name – its best-known brand – is already a significant amount of revenue across North America. to the fore, ditching the incongruous and profit potential in the existing business. -
City of Edinburgh Hotel Development Schedule 2019
City of Edinburgh Hotel Development Schedule 2019 Planning, City of Edinburgh Council, March 2020 Contents Commentary Graph 1 - Hotel developments in Edinburgh 2019 Graph 2 - Historic trends Summary of hotel developments (no. of rooms) by area Table 1 - Schedule of developments completed in 2019 Table 2 - Schedule of developments under construction at year end 2019 Table 3 - Schedule of developments that gained planning consent in 2019 Table 3a - Schedule of other developments with planning consent at year end 2019 Table 4 - Schedule of developments awaiting planning determination at year end 2019 Table 5 - Schedule of closures occurring in 2019 Explanatory notes Whilst reasonable efforts have been made to verify the information in this report, the City of Edinburgh Council are unable to provide an assurance as to the accuracy, currency or comprehensiveness of tables and commentary. Users should undertake their own checks before using the data in this report as an input to policy or investment decisions. This schedule has been prepared by Planning, City of Edinburgh Council. contact: Simon Antrobus ([email protected], 0131-469-3597) Commentary Development summary Market analysis This is the thirteenth hotel schedule to be produced by the City of Edinburgh Council. It has been developed in response to the The hotel sector in Edinburgh continues to display strong signs of growing demand for hotel space in the city and the consequent growth. There was planning consent for 1,530 rooms at the end of increase in hotel planning applications and developments. The 2019. Occupancy levels for the year decreased slightly from 83.6% schedule details completions, properties under construction, to 82.9%. -
A Special Benefit for HSMAI Members
A Special Benefit for HSMAI Members The more you know, the better ROI you can provide to your employer or prospective employer, the more you can improve your company’s bottom line, and the better you can position yourself in your chosen discipline. Written by hoteliers for hoteliers, these books are the study guides for the Certified Revenue Management Executive (CRME) certification and the Certified Hospitality Digital Marketer (CHDM) certification. Learn more about the CRME and the CHDM and what they can bring to you and your organization. Normally $60 each for HSMAI members, please take advantage of the free access to these resources to upskill, re-skill, and stay skilled during this uncertain time. Taking a deep dive into the fundamentals, cross- This book will help hoteliers — in disciplines as disciplinary partnerships, and emerging elements wide ranging as marketing, revenue management, impacting revenue optimization, this book is an distribution, and ownership — get and stay current indispensable handbook for all sales, marketing, and on the most up-to-date and forward-looking revenue optimization professionals. information on digital marketing best practices. Watch for an updated 6th edition in Summer 2020! HSMAI is providing resources that will help hotel industry professionals stay informed about the impact of the coronavirus outbreak on sales, marketing, and revenue optimization, and put crisis management techniques into play. Evolving Dynamics: From Revenue Management to Revenue Strategy THE STUDY GUIDE FOR THE CERTIFIED -
Radisson Hotel Group Builds on Successful 2020 Signings; Looks Ahead to a Dynamic 2021 with 30 Openings Across EMEA
Brussels, March 1st 2021 Radisson Hotel Group builds on successful 2020 signings; looks ahead to a dynamic 2021 with 30 openings across EMEA Radisson Hotel Group looks ahead to 2021 with 30 planned hotel openings or 5,000 rooms across EMEA, building on the Group’s 40+ signings announced in 2020. The Group’s 2020 expansion included the introduction of the Radisson Individuals brand and the announcement of ambitious plans to double its portfolio of Serviced Apartments by 2025. 2021 expected openings also include seven exciting new openings of the Group’s premium lifestyle Radisson Collection brand in France, Italy, Spain, Turkey, and Saudi Arabia. In 2020, Radisson Hotel Group signed over 40 new hotels, resorts and serviced apartments across EMEA with 7,700 rooms and opened over 20 properties as the group continues to optimize its new brand architecture. Key signings included Radisson Blu Sheffield in the UK, Radisson RED Innsbruck in Austria, Radisson RED Cologne, Radisson Blu Resort Santorini in Greece, Radisson Hotel & Convention Centre Johannesburg in South Africa, Radisson Residences Heidelberg in Germany Radisson Beach Resort The Palm in Dubai, the UAE, Cour des Loges Lyon, A Radisson Collection Hotel in France and Henrietta House, a member of Radisson Individuals in Bath, UK. In 2020 Radisson Hotel Group also launched a new brand, Radisson Individuals, a conversion brand offering independent hotels and local, regional chains the opportunity to be part of the global Radisson Hotel Group platform, benefiting from the Group’s international awareness and experience, with the freedom to maintain their own uniqueness and identity. In addition, 2020 marked the Group’s expansion of its Serviced Apartment portfolio which will be developed as a brand extension to cater to the different segments from midscale to luxury. -
The Millennial Shift in Hotel Brands by Brett Russell | December 2015
The Millennial Shift in Hotel Brands By Brett Russell | December 2015 The past ten years have ushered in the introduction of more new hotel brands than any time in modern history. Most of these are geared toward the Millennial Lifestyle Hotels Generation, with hotel companies creating concepts to capture this vital segment of The modern lifestyle hotel has its demand. roots in the success of Starwood’s W Hotels, which launched in 1998. As of The U.S. hotel industry is in the midst of its latest, greatest up-cycle in recent year-end 2014, there were 26 W Hotel memory, with performance figures going skyward year after year. This is part of properties with 8,182 rooms in the reason that major hotel brands, as well as smaller niche companies, have been operation. Hotel Indigo, a lifestyle taking a chance on innovative hotel concepts. Most of these have been engineered brand from InterContinental Hotels to identify with the so-called Millennials, identified as people in their mid- Group (IHG), launched in 2004 and twenties to late thirties. Millennials are seen as the fresh face of travel, and hotels now features 39 hotels spanning 4,551 geared toward the tenets of their lifestyle—that is, with an emphasis on health rooms. and wellness, personality and technology—stand to capture more of the generation’s demand. The successful introduction of both brands allowed their parent companies to expand further into the lifestyle segment. Starwood’s Aloft hotels offer a more streamlined, lower-priced concept, with 63 hotels accounting for 9,382 rooms.