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  • Ashford Hospitality Trust Announces Plan to Spin-off Hotel Portfolio

    Ashford Hospitality Trust, Inc. (NYSE: AHT) announced that the Company's Board of Directors approved a plan to spin-off an 80% ownership interest in an 8-hotel portfolio, totaling 3,146 rooms (2,912 owned rooms), to holders of Ashford Trust common stock in the form of a taxable special distribution. Ashford Hospitality Trust, Inc. (NYSE: AHT) announced that the Company's Board of ...

  • ADAC Reisemonitor - Germans Are As Keen on Travel As Ever

    Germans are as keen on travel as ever – almost 50 per cent plan a second trip besides their main annual holiday – according to the latest ADAC Reisemonitor survey Italy and Austria have become increasingly popular for extra breaks Almost 50 per cent of Germans have already made up their minds to take an extra break in addition to their main annual holiday. According to the findings of a ...

  • Sage Hospitality Adds San Antonio Eilan Hotel Resort to Portfolio

    The Éilan Hotel Resort & Spa is part of Éilan - San Antonio's new 120-acre mixed-use development that contains luxury residences, restaurants, retail outlets, and office space. Sage Hospitality announced it has added the Éilan Hotel Resort & Spa to its Premier and Lifestyle Division. The ...

  • Hyatt to Develop Nine Hyatt Place Hotels in Brazil

    The hotels will be located in key cities and towns that have established commercial and industrial infrastructure and will help meet the growing demand for quality accommodation across Brazil. It is anticipated that the first of these new properties will open in 2016. Hyatt Hotels Corporation today announced the execution of an agreement to form a joint venture between a Hyatt affiliate and ...

  • EB-5 Financing - Using Guest Expenditures to Calculate Job Creation for Hotels

    Because financing for new hotel development is still difficult to obtain, many hotel developers clients have found EB-5 financing to be a valuable source of alternative financing. One of the first things a hotel developer wants to know when considering EB-5 financing for the first time is: What percentage of the total cost of the project can be provided with EB-5 investments? The answer to ...

Movie Review

Halloween 5: The Revenge of Michael Myers [DVD]

Halloween 5: The Revenge of Michael Myers [DVD]

The problem with Halloween 5: The Revenge of Michael Myers is that it's a bridge movie, linking Halloween 4: The Return of Michael Myers (1988), which jump-started the series back into existence after a long hiatus with the introduction of Jamie Lloyd (Danielle Harris), Michael's niece, and Halloween 6: The Curse of Michael Myers (1995), which answers the mystery left at ... ...

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  • Asia Pacific Hotel Development Pipeline For May 2013 Increases to 1828 Hotels

    Year-to-date, 188 hotels have opened in the region with 32,667 rooms. In the remainder of 2013, 451 hotels are planned to open with 91,318 rooms. The Asia/Pacific hotel development pipeline comprises 1,828 hotels totalling 394,856 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning ...

  • Courtyard by Marriott Waikiki Beach Acquired for $75.3 Million

    RLJ Lodging Trust announced that it acquired the long-term leasehold interest in the 399-room Courtyard by Marriott Waikiki Beach for a purchase price of $75.3 million, or approximately $189,000 per key. The purchase price represents a forward capitalization rate of approximately 7.8% based on the Hotel’s projected 2014 net operating income. RLJ Lodging Trust announced that it acquired the ...

  • PKF Survey Finds Optimism In Hotel Investments

    Rising profits, limited supply growth and improved access to capital make 2013 and 2014 an excellent time to invest in the U.S. lodging industry. This is the sentiment expressed by participants in the recently released 2013 edition of PKF Consulting USA, LLC’s (PKFC) Hospitality Investment ...

  • Strategic Hotels Shareholder Retains Financial Advisor

    Orange Capital, a New York-based investment firm, today announced that it has retained Houlihan Lokey as its financial advisor to coordinate buyer interest in Strategic Hotels & Resorts. Orange Capital LLC, beneficial owner of approximately 3.65 percent of Strategic Hotels & Resorts, issued the following statement today regarding its investment in the Company: Orange Capital, a New ...

  • HSMAI Nor1 Announce White Paper on Upselling As a Sales and Marketing Tactic

    Nor1 , the technology leader in upsell solutions, today released a new white paper entitled, "When More is More: Exploring Upselling as a Sales & Marketing Tactic." Authored by well-known expert and speaker on e-commerce and internet marketing, Tim Peter, founder of the consulting firm bearing his name, the paper asserts that employing upsell strategies can drive significant ...

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