The latest global hospitality and hotel news selected with care on a daily basis. To share a relevant or interesting, hospitality or hotel related, news article then please use the Submit news button on the left side of this page.
Starwood’s Newest Hotel Brand Launches This Summer Making It Chic and Easy To Be Eco-Friendly 5 May 2008 - WHITE PLAINS, N.Y., - Rock stars notoriously trash their hotel rooms, but you don’t have to be Sid Vicious to leave your room in disarray. In fact, it’s your everyday traveler’s…
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Choice Hotels Welcomes Over 270 European Properties into Rewards Program 5 May 2008 - SILVER SPRING - Choice Hotels International announced today that the company’s award-winning rewards program Choice Privileges, will now expand to include over 270 Choice brand properties in Europe, effective May 5. Choice Privileges members can now…
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5 May 2008 - Philadelphia - Hersha Hospitality Trust (NYSE: HT) owner of nationally franchised premium select service and full service hotels, today announced earnings for the first quarter ended March 31, 2008. Financial Highlights for the First Quarter 2008 * Adjusted FFO (“AFFO”) Increased 66.7% to $0.15 Per Diluted…
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4 May 2008 - UAE. Speaking at the Arab Hotel Investment Conference on 4 May, industry experts underlined the strength of the regional market and called for an end to the speculation that the hotel boom in Dubai and its neighbours was part of a temporary ‘bubble’. Veteran hotelier, Gerhard…
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MAY 03, 2008—Expedia Corporate Travel’s growth remained strong despite the economic slowdown as its growth rate exceeded parent company Expedia Inc.’s 25 percent revenue increase and 20 percent gross bookings sales increase in the first quarter of this year compared with the first quarter of 2007, the company today announced…
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Dubai, UAE; May 2, 2008: Emaar Hospitality Group, the hospitality & leisure business subsidiary of Emaar Properties PJSC, has revealed plans to launch and operate its own five star premium global brand of world-class hotels and resorts under the brand name, The Address Hotels & Resorts. Set to redefine the…
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Two out of ten hotels plan renovation of guest rooms – Strong modernization continues in foodservice industry 1 May 2008 - Hamburg/Germany, In Germany, the focus of guest’s attention on clean and well designed hotel rooms and trendy restaurants push the investments in renovation and modernization. According to a new…
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1 May 2008 - Columbia, Maryland… MICROS Systems, Inc. (Nasdaq:MCRS), a leading supplier of information systems to the hospitality and retail industries, today announced the results for its fiscal 2008 third quarter ended March 31, 2008. FINANCIAL HIGHLIGHTS * On February 5, 2008, the Company effected a two-for-one stock split…
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30 April 2008 - MEXICO CITY | With a portfolio of 104 hotels and 19,042 guestrooms in fifty of the most sought after beach and city destinations throughout Mexico, Brazil, Argentina and Chile, Grupo Posadas has well established its positioning as Latin America’s leading hotel operator. After successfully launching seven…
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SILVER SPRING, Md., April 30 /PRNewswire-FirstCall/—Choice Hotels International, Inc., (NYSE: CHH) today reported the following highlights for first quarter 2008: * Diluted earnings per share ("EPS") for first quarter 2008 increased 25% to $0.30 compared to $0.24 in the same period of the prior year. First quarter 2007 results included…
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