8 Lodging Brand Resources to Increase Revenues - By Bradly Sax
We are increasingly called upon by mortgage holders to aid hotels that are facing financial troubles. Sometimes we are called in anticipation of a foreclosure action to begin arrangements for a receivership and at other times we are called in when the mortgage holder is exercising its rights under the terms of its loan to interject professional management. Fortunately, we are noticing a new and developing trend from alert hotel owners who are aware that things 'aren't quite right' and don't understand why their hotel is not producing the revenues it should....more
PerfectTablePlan Seats It's Two Millionth Guest
Oryx Digital announced today that their seating planner software, PerfectTablePlan, has now been used to seat an estimated two million guests at gala dinners, fundraisers, weddings receptions, bar mitzvahs, award ceremonies and other events. ...more
World's Tallest Building To Include Hotel
Inspired by Islamic design and geometry, master developer Nakheel announced today that it is building Dubai's capital, Nakheel Harbour & Tower. The new community was launched at a VIP event hosted by His Excellency Sultan Ahmed bin Sulayem, Chairman of Dubai World....more
Shares of hotel REITs drop amid global sell-off
Shares of hotel real estate investment trusts dropped further on Monday amid a global market sell-off, after a gloomy forecast by Marriott International Inc. last week heightened investors' worries about the already-battered industry....more
Mandarin Oriental, Boston Opens Its Doors
A celebratory ribbon cutting and feng shui ceremony marked the hotel's grand opening on October 6, officiated by the Mayor of Boston, the Honorable Thomas M. Menino, and attended by 150 distinguished guests, development partners and Mandarin Oriental executives from around the world....more
Access Hotels & Resorts has earned a reputation as an innovator in managing, asset managing, consulting, marketing, and developing distinctive lodging destinations.
