Archive for the 'Hotels' Category

Express Hotelier:
The Kairali Group, which runs ayurvedic health resorts, spas and centres in India and abroad, plans to expand presence in the US, UK, Poland and Russia. Ram Mohan, its VP (marketing & PR), said, “All our international spas will run on a franchisee basis.

We will be launching one in London by June this year. […]

Franchising.com:
Red Lion Hotels Corporation today announced that it has entered into an agreement to acquire the fee simple interest in the 478-room Radisson Hotel Denver Southeast for $25.3 million. The company has waived its due diligence inspection contingency, and the acquisition is expected to close in the second quarter of 2008, subject to usual closing […]

Hotel Interactive:
Continuing its impressive expansion, NYLO Hotels LLC announced plans today for a fifth hotel, this one in Overland Park, Kan., a fast-growing suburb of Kansas City. This will be the new loft lifestyle hotel brand’s first property in the Midwest. The company will break ground on the hotel in mid 2008 and open in […]

Earthtimes:
Choice Hotels International today announced that its board of directors has appointed Stephen P. Joyce (48) as a director. Effective May 1, 2008, Mr. Joyce will serve as president and chief operating officer of Choice Hotels International.

“Steve Joyce brings extensive domestic and global experience in franchising, development, and operations to our board of directors,” […]

Hotel Interactive:
One of the hotel industry’s most comprehensive and affordable insurance programs has been introduced to franchisees of Atlanta-based America’s Best Franchising Incorporated.
‘In today’s business environment, where medical costs are high and legal actions are unpredictable, it’s essential that all hoteliers and the assets they work so hard to create are properly protected,’ […]

Franchise International:
Choice Hotels International, a US based hotel company, added 40 new franchisees to its US network last year. The company, which owns 10 hotel brands, has completed franchise agreements for all of its brands in 17 states across the US.

Brian Parker, Choice Hotels‘ Vice President of emerging markets and new business development, said: ‘We […]

4Hoteliers:
New development announcements include the company’s record-setting pipeline of international hotels which has grown to nearly 40,000 rooms and 150 properties.

In Dubai during a whirlwind trip including high-level meetings, visits with company employees and a major speech, the head of Marriott International, Inc. also took the next steps to ultimately more than double the […]

CREFeed:
MHI Hospitality Corporation has acquired the former Radisson Hotel in Hampton, Va., for $7.75 million. The seller was Hampton Economic Development Corp., according to Hampton property records.
The hotel, which sold for $45,000 per room, is located at 700 Settlers Landing Rd. It sits on 3.5 acres and contains 172 rooms. The property also features 21,000 […]

ModernAgent:
Carlson Hotels Worldwide announced leadership appointments and a new structure in business development that supports a renewed focus to grow its portfolio of owned and managed hotels, in addition to expansion of its franchise system.

‘This restructuring places renewed emphasis on the importance of property acquisitions and management in our growth strategy,’ said Paul Kirwin, president […]

Tampa Tribune:
University Area Value Place wants to build a 4-story, 124-room hotel at the northeast corner of Fletcher Avenue and 12th Street, which would be the first for the extended-stay chain in the Tampa Bay area.

Liberty VP Fletcher LLC, a franchisee for Value Place, is seeking rezoning of the 2.92-acre site and the approval of […]