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Inside Hotel-Online Today         January 16, 2018
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Here are the latest hospitality news headlines from Hotel-Online! To get the complete stories and more, visit our website:
 

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Sonnenblick-Eichner Company Arranges $60,000,000 of Financing for The St. Regis Deer Valley, Park City, Utah
The loan was used to refinance existing debt as well as provide for the development of the next phase of the resort, which will include additional condominium and hotel units, a destination restaurant and other resort amenities. 

Softscribe® Inc. Lists Top 5 Press Releases in 2017
Based on Reads, Clicks Back to Tech Client Websites: Electronic Door Locks, Energy Management, Direct Online Booking Lead the List

The Belvedere Hotel Trusts IDeaS' Advanced Technology to Optimize Revenue Strategy, Increase ADR
Independent hotel switches revenue technology to capture more demand and optimize revenue results with IDeaS G3 RMS

PwC: Global Economic Growth in 2018 on Track to Be Fastest Since 2011
The main engines of the global economy - the US, emerging Asia and the Eurozone - are expected to contribute almost 70% of economic growth in 2018 compared to their post-2000 average of around 60%.

30 Legendary Historic Hotels Inducted into Historic Hotels Worldwide in 2017
The oldest historic hotel inducted in 2017 is the NH Collection Porta Rossa which includes a building that dates back to the 13th Century.

What to Expect in 2018 from the Battle Between Hotels and Airbnb / Linchi Kwok
With a supply of more than 3 million listings, Airbnb has more available "rooms" than any hotel chain in the world.

Renovate to Innovate / Georges Panayotis
The hotel industry is one of the few sectors where the value added per hour worked has not changed over the last two decades, while it has been soaring in other sectors, such as new technologies as well as in traditional industries.

Live! Casino & Hotel Selects KEYPR as Guest Experience Technology Partner
New Live! Hotel to deploy KEYPR's cloud-based platform which brings the latest guest experience technology to the hospitality industry

Bartech Appoints Peter Kuzyk as Director of Sales in Support of Growth in North American Hospitality Market
Industry veteran with over 25 years of experience set to spearhead new business initiatives and sales strategies

Lulu Group's Twenty14 Holdings Acquires 241-Room Waldorf Astoria Edinburgh - The Caledonian in £85M Deal ($117.2M US)
Twenty14 Holdings intends to invest a further £20m in a programme that will see the iconic building on Edinburgh's Princes Street enhanced and expanded by 50 guest rooms, over a period of two years beginning from 2019.

The LCP Group, L.P. and Blue Vista Capital Management Acquire Fairfax Marriott at Fair Oaks
The 316-room property will be managed by Crescent Hotels & Resorts.

Camelback Resort Owners to Develop The Kartrite Hotel & Indoor Waterpark on Resorts World Catskills Campus
Set to open in early 2019, the luxury hotel will feature 324 guest suites.

Marcus Hotels & Resorts Rebranding Downtown Milwaukee's InterContinental as an Independent, Arts-Themed Hotel
The 221-room hotel, the future name of which hasn't yet been determined, arts-focused redesign is to expected to be completed by mid-2019.





 
YOTEL Launches New Extended Stay Brand, YOTELPAD, with Five Confirmed Projects
The first two YOTELPADs to be announced are in Park City (Utah) and Downtown Miami with additional projects in Europe and the Middle East.
 
NOVUM Hospitality and MERKUR Begin Construction on 144-Room niu Hotel in Stuttgart
Completion is scheduled for the autumn of 2019.
 
Owned by Prestige Group, New Conrad Bengaluru Opens in India
Conrad Bengaluru offers 285 guestrooms in Bengaluru’s Central Business District.
 
Wharf Hotels Opens The Murray, Hong Kong, a Niccolo Hotel, a Historic Landmark Preservation Project
The 336-room Murray is under the leadership of Managing Director Duncan Palmer.

Owned by Dreamcatcher and Managed by Sun Capital Hotels, Fairfield Inn & Suites by Marriott Now Open in Albuquerque, New Mexico
The Fairfield Inn & Suites Albuquerque North offers 89 rooms close to downtown.

Advance Management & Investment Opens Courtyard by Marriott Temecula Murrieta in California
The 183-room Courtyard Temecula Murrieta is led by General Manager Amy Batista.

Fairfield Inn & Suites Grand Mound Centralia Opens in Rochester, Washington with General Manager Curtis Crimmins at the Helm
The 88-room hotel is owned by Chehalis Tribal Enterprises and managed by InnSight Hotel Management Group.

Hollywood Casino St. Louis Completes $7.3 Million Renovation of Sunset Tower Hotel Rooms
The project follows on the heels of the $4.5 million 2016 renovation of the Rodeo Tower's 211 rooms, including 33 suites, bringing the 20-year-old hotel fully up to date.

The Atlanta Marriott Peachtree Corners Completes the Final Phase of an Extensive Multi-Million Dollar Transformation
The renovation of the hotel concluded with the remodeling of all 222 guest rooms which now feature Marriott’s freshly “redesigned” room concept. 

Hospitality Asset Managers Association (“HAMA”) Names 2018 Board of Directors
CHMWarnick's Maxine Taylor appointed president.

Matt Alexander Appointed President of Blackberry Farm
Matt has been a part of the Blackberry Farm team for 19 years, and has been serving as Executive Vice President for the last seven years.
 
Baros Maldives Appoints Ahmed Jihad-Jay as New General Manager
Having worked at Baros Maldives in 2010 as Operations Manager, Ahmed is coming ‘home’ to Baros, this time as General Manager, after gaining a wealth of experience in the Maldives. 

Hospitality Ventures Management Group (HVMG) Appoints Sam Woodworth to Newly Created Director of Acquisitions and Business Development Position
Prior to joining HVMG, Woodworth was manager of acquisitions and development for N.Y.-based Trump Hotels.

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