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Below are the latest press releases from STR. Please select a headline to read the full article. To see the complete archive of press releases, please click here.  For all other news on the hotel industry please go to www.HotelNewsNow.com.

 

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    A roundup of independent hotel news

    This month’s roundup of news from the independent hotel sector includes: the opening of New York’s famed Adelphi Hotel; a new boutique coming to Phoenix; and people on the move. 

    5 things to know: 18 October 2017

    From the desks of the Hotel News Now editorial staff:

    • Blackstone to buy HI Partners, 14 Spanish resorts
    • As California wildfires burn, hotels set bar for hospitality
    • Trump travel ban receives further setback
    • Work restarts on North Korea’s mega Ryugyong Hotel
    • Australian competition authority looks at Accor deal

    Wine country hotels navigate ongoing wildfires

    The ongoing wildfires in California’s wine country have posed a danger to hoteliers and their guests, but the situation has also opened up the opportunity to show the true definition of hospitality.

    Global hotel pulse: Europe news

    In this roundup of news from Europe: Aprirose buys QHotels portfolio; AccorHotels to obtain a 50% stake in Orient Express and announces offer to acquire Mantra; Starwood Capital takes a 30% stake in Yotel; and more. 

    5 things to know: 17 October 2017

    From the desks of the Hotel News Now editorial staff:

    • HNA touts plan for $7.6-billion investment in tourism
    • Resorts World awards $400m of contracts on Vegas asset
    • For UK hotel market, good signs are abundant
    • Storm Ophelia causes widespread damage in Ireland
    • Hotel demand surges ahead of Thailand king’s funeral

    Protecting hotel assets before, after the storm

    The nature of natural disasters, like the hurricanes that struck Florida and Houston, is that they are unpredictable. But hoteliers can take steps to insulate their assets before, during and after the storms. 

    US hotel transactions list

    Updates to this list include: Xenia Hotels & Resorts acquisitions; a Ritz-Carlton rebranding; and more.

    5 things to know: 16 October 2017

    From the desks of the Hotel News Now editorial staff:

    • Lugar named to federal task force on apprenticeships
    • Prepared hoteliers best set to outride downturns
    • China orders Wanda to close two resort golf courses
    • Yellen predicts rate increases with strong economy
    • Pentahotels taps Staal as president

    Consultants offer advice for getting ahead of downturn

    Hotel owners, operators and developers should focus on basics while not overemphasizing key metrics as they plan for an industry downturn, according to International Society of Hospitality Consultants who participated in a roundtable discussion.