Braemar Hotels to closes on $120m Ritz-Carlton Lake Tahoe

01-22 10:48

Hotel real estate investment trust Braemar Hotels & Resorts has closed on its acquisition of the 170-room Ritz-Carlton Lake Tahoe, the Reno Gazette Journal reports. 【MORE+】

US hotel performance for December 2018

01-21 11:12

The U.S. hotel industry reported positive results in the three key performance metrics during December 2018, according to data from STR.【MORE+】

Hotels to boost revenue with outdoor spaces

01-17 08:34

As soon as the worst of winter passes, hoteliers will be looking for new ways to keep their guests entertained in outdoor spaces. 【MORE+】

Hoteliers to support Venice day-tripper taxes

01-16 10:02

Hoteliers are supportive of new tourism taxes that now can be imposed by Venice’s city government, according to sources.【MORE+】

The impact of opportunity zones on U.S. hotel development

01-15 11:12

Newly created opportunity zones encourage development in low-income areas through tax benefits, HNN’s Bryan Wroten writes, and while that might present some demand challenges for U.S. hotel owners, there are ways they can take advantage of this program. 【MORE+】

Hilton partners with M&C to expand LXR brand

01-14 11:30

Hilton is in the process of expanding its LXR Hotels & Resorts brand, and will debut the brand in Europe with the 308-room The Biltmore, Mayfair, in London through a partnership with Millennium & Copthorne, HNN’s Terence Baker writes. 【MORE+】

Hyatt to pilot new Google translation tool

01-11 08:10

Hyatt Hotels Corporation is collaborating with Google to pilot a new capability of the Google Assistant: Interpreter Mode.【MORE+】

American couple to serves up boutique hotel in Tuscany

01-10 08:13

George and Linda Meyers, the Washington, D.C.-based couple who founded three cooking schools (Cook In Tuscany, Cook In Mexico, and Cook In Cuba) have purchased a boutique hotel in Tuscany.【MORE+】

Advent International to buy stake in Aimbridge

01-09 13:55

Advent International, a global private equity investor, announced it has signed an agreement to acquire “a majority ownership interest” in Aimbridge Hospitality from private equity firm Lee Equity Partners and investment firm General Atlantic, according to a news release.【MORE+】

Tiny luxury hotels is coming in 2019

01-07 11:32

For travelers who aren’t fond of big chain hotels, there’s a handful of small luxury hotels opening this year across the globe, ranging from six rooms to 47, Forbes reports.【MORE+】

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