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Hotel owners pick Saints: The Saints aren’t making their marching plans as quickly as hotels would like, but signs point to a strong New Orleans showing for the Super Bowl. Not so for the Colts.
For South Florida’s 10th Super Bowl, the dominant colors will almost certainly be black and gold.
Fans of the New Orleans Saints appear to be dominating the market for Super Bowl hotel rooms and tickets this week, easily outpacing anemic demand from Indiana. The early reports confirm doubts that Indianapolis would show much interest in traveling [...]
Pegasus Solutions closes debt restructuring transaction
Pegasus Solutions, provider of technology and services to hotels and travel distributors, has closed a private debt restructuring transaction with the holders of nearly 99% of the company’s Senior Notes. The terms of the debt restructuring received the consent of 100% of Pegasus’s syndicated lenders.
“We believe the successful restructuring of our notes is another indicator [...]
Starwood slated to open more than 80 hotels in 2010
From the American Lodging Investment Summit (ALIS) in San Diego, Starwood Hotels & Resorts Worldwide, Inc. announced it expects to open another 80-100 high quality new-build and conversion hotels in 2010, coming off of the 83 opened and 77 new deals signed in 2009. Of these new hotels, roughly 70 percent will be outside of [...]
Two Wyndham hotels to open in Singapore for first time
Wyndham Hotel Group, the world’s largest hotel company with more than 7,000 hotels and 11 brands, today announced that its Ramada and Days Inn brands will enter Singapore with the development of two hotels: the 391-room Ramada Singapore at Zhongshan Park and the 405-room Days Hotel Singapore at Zhongshan Park.
Both new-build properties will be developed [...]
Portman to design new five-star hotel in Beijing
John Portman & Associates is pleased to announce that the firm has been selected by Zhong Lian Run Shi Investment Company, Ltd. to design a new 5-star, 550-room hotel across from the United States Embassy in Beijing’s Chaoyang District.
With a dynamic building form and a dramatic atrium, The Zhong Lian Run Shi Hotel will be [...]
Courtyard Marriott’s new look
The lobby of the Courtyard Marriott at 474 Main Ave. has received a $1 million facelift and hotel staff want to show off the transformation.
To that end, the hotel will hold a grand reopening at 5 p.m. today to unveil its ultra modern, state-of-the-art lobby. The new lobby includes a bistro, home theater, lounge, fireplace, [...]
India Works Hard to Woo Foreign Tourists
India, which saw a three percent drop in foreign tourist arrivals last year, is working hard to fix its infrastructure, create better connectivity and build more hotel rooms, to attract more people to visit the culturally rich country, the tourism minister said on Monday.
Kumari Selja said that while the drop in arrivals was lower than [...]
37 killed in attacks on Baghdad hotels
Suicide bombers struck almost simultaneously at three landmark Baghdad hotels Monday, killing 37 people, nearly half of them after a shootout between security guards and militants outside the residence of several major Western news organizations.
The midafternoon attacks — which authorities quickly blamed on Al Qaeda associates and loyalists of the Baath Party that ruled Iraq [...]
Internet use in leading hotels skyrocketed in 2009
-Hilton Worldwide announced today that, building on the record year the company had in terms of development in 2008, the next best year in the company’s 91-year history was 2009.
“Despite the serious challenges resulting from the macroeconomic environment, last year was an outstanding year for our company in many significant ways,” said Christopher J. Nassetta, [...]
Amex Reports Corporate Travel Sales Stabilizing After Deep 2009 Drop
Reflecting the depths reached by the corporate travel industry in 2009, American Express’ global corporate travel sales shrunk 30 percent year over year to $14.6 billion, the company announced late yesterday in its fourth-quarter earnings call. That slide, however, seems to have stabilized as its global corporate travel sales were $4.1 billion in the quarter, [...]
