Hotels fall short or honouring price guarantees
Tuesday, February 5th, 2008Hotels are failing to honour price guarantees, which are advertised on their websites, reports travel and hospitality industry digest, e-tid.
Hotels are failing to honour price guarantees, which are advertised on their websites, reports travel and hospitality industry digest, e-tid.
BOSTON (Thomson Financial) - Shares of Starwood Hotel & Resorts Worldwide Inc. rose slightly Tuesday after analysts reacted to news that real estate investor Sam Zell holds a 7.72% stake in the White Plains, N.Y.-based hotels and leisure company.
Global Hyatt Corp. is planning two Hyatt Place hotels for the Central Texas area.
Slowly, ever so slowly, hotels are recognizing that travelers who suffer from severe asthma and allergies triggered by dust mites, mold, smoke, pollen, chemicals and animal dander might like to stay in hypoallergenic rooms ? for a price.
The Caribbean, the ultimate destination for relaxation, and The Ritz-Carlton, the ultimate destination for luxury, offer the perfect summer escape this season. What better time to visit The Ritz-Carlton hotels of the Caribbean than when days are longest and rates are lowest?
Feb. 4 (Bloomberg) — Billionaire real estate developer Sam Zell bought a 7.7 percent stake in Starwood Hotels & Resorts Worldwide Inc. to become the company’s second-biggest shareholder, causing the shares to rise 4.8 percent.
Global Hyatt Corp. is planning to build two Hyatt Place hotels in the Austin area, one at Round Rock’s La Frontera development and another near Austin-Bergstrom International Airport.
IF there is anything that the recently concluded Commonwealth Heads of Government Meeting (Chogm) did for the hospitality industry, it was the boost it gave to indigenous hotels.
Sharjah hotels see 80% occupancy rate
According to the Sharjah Commerce and Tourism Development Authority (SCTDA), the emirate’s tourism regulatory agency, more than 1.45 million tourists stayed in hotels and hotel apartments in Sharjah in 2007, i.e., up 11% compared to 1.31 million in 2006.
A developer is launching a $6 million face-lift of a landmark hotel on Oakland’s waterfront that would position the inn to tap into a robust market for boutique hotels and bolster the revival of Jack London Square.
The Irish Hotels Federation today started a legal challenge to the way wages in the hotel sector are set by the Labour Court.
Affinity Media International Corp. , a special purpose acquisition company that previously announced a definitive agreement to acquire Hotels At Home, Inc., today announced that Hotels At Home has opened a distribution center in Dubai, United Arab Emirates to service Hotels At Home’s expanding international client base of hotel partners.
Omni Hotels is getting more serious about the spa business.
MUMBAI, Feb 4 - Indian real estate firm Parsvnath Developers said on Monday its unit Parsvnath Hotels had signed a deal with a unit of ITC Ltd to develop 50 hotels across India in the next three to five years with an initial investment of 25 billion rupees .
Hotels in Ras Al Khaimah achieved a phenomenal 93% occupancy level during 2007, reflecting the rising popularity of the emirate as an international tourism destination.
Three tourist hotels in Baringo District have closed down, due to the post-election violence.
Thai AirAsia plans to build budget hotels in all of its major tourist destinations in Thailand and serve 5….
Fairmont Hotels & Resorts (”Fairmont”), a global hospitality leader, today announced the deployment of Passkey’s online group reservation solution as a brand standard across more than 50 Fairmont hotels worldwide.
Parsvnath hotels, a subsidiary of Parsvnath Developers, has signed a memorandum of understanding with ITC Ltd?s Fortune Park Hotels to develop 50 hotels across the country in the next five years.
Although Valentine´s Day is when many couples rekindle the romance, Hilton Hotels & Resorts
Fortune Park to put Rs 2,500 cr in the venture to construct 4,000 rooms. Parsvnath Hotels, a subsidiary of Delhi-based Parsvnath Developers, has signed a memorandum of understanding (MoU) with ITC?s Fortune Park Hotels to manage 50 hotels across the country in five years.
Fairmont Hotels & Resorts (”Fairmont”), a global hospitality leader, today announced the deployment of Passkey’s online group reservation solution as a brand standard across more than 50 Fairmont hotels worldwide.
ITC-Welcom Group Hotel, Palaces and Resorts is testing waters for the medical tourism needs of India. Through its subsidiary, Fortune Park Hotels Ltd, the group would come up with its first property for the specialised tourism in Thane, near Mumbai, by August.
By JOHN HORN Manhattan will always have mega-hotels. And if you like staying at one, that’s fine. But a number of New York innkeepers have decided in the past few years that some travelers might want something else. They have started building — sometimes from the ground up, sometimes by converting existing structures — and opening more-intimate properties for guests. A few are in …
IHG has inked a franchise deal with Siraj Capital Ltd to develop 12 new Holiday Inn Express hotels in Saudi Arabia within the next five years. Hospitality Management Services will operate the individual properties.
Hart Hotels has sold a Holiday Inn Express Hotel and Suites on Dingens Street in Cheektowaga, and is focusing on two new hotel projects in Amherst and the Finger Lakes.
Given the quality of Starwood’s portfolio, we believe that a premium valuation to the peer group average is warranted.
REXBURG ? The change of the dedication date of the Rexburg Temple from Sunday to Feb. 10 has had an effect on area hotels, but the managers say flexibility is a normal part of their work.