News

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Miami’s first Hyatt Place Hotel brand begins construction

As reported by Shaun Bevan, South Florida Business Journal The construction of Hyatt’s first Place Hotel brand in Miami has begun. The 135-room hotel near Miami International Airport is expected to open in the fourth quarter of 2014. The $21 million Hyatt Place is the brainchild of Miami-based MIA LeJeune LLC, a joint venture led …

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Miami Market Growth Revs Up

BOULDER, Colorado—While much of Florida continues to struggle with soft average-daily-rate growth, the Miami market is hot, surpassing previous peak revenue-per-available-room levels and still climbing fast, according to data from STR, the parent company of Hotel News Now.

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Tips for Choosing the Right Management Company

It isn’t easy to run a hotel, and operational expertise has become more vital to bottom lines than ever before. With all the technology requirements and systems, the human resources demands, and the strategic capabilities necessary to remain competitive, professional management companies have become a required point of entry for many properties. Posted by: Lodging Staff in Featured, Smart Strategy

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COURTYARD HOTEL TO OPEN IN KNOXVILLE, TENNESSEE

Courtyard by Marriott is scheduled to open its doors in Knoxville, Tennessee on Thursday, November 26, 2013. Featuring an innovative lobby space as well as Courtyard’s latest contemporary room design, the new hotel provides flexibility and choices that allow guests to optimize and elevate their travel experience.

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Concord Hospitality Names Dean Thompson Executive Chef For Renaissance Raleigh Hotel (Award-Winning Chef to Compete for Top Chef in N.C.)

Officials for Concord Hospitality Enterprises, one of the top-ranked hotel operators in North America, today announced the promotion of Dean Thompson to executive chef for the Renaissance Raleigh Hotel, in the company’s headquarters of Raleigh, N.C. Previously, Thompson served as the hotel’s executive sous chef, under Dean Wendel, Concord’s recently appointed corporate director of food …

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ROCKBRIDGE ANNOUNCES ACQUISITION OF MARRIOTT CRABTREE VALLEY

Rockbridge Partners, a division of Rockbridge, today announced the acquisition of the Raleigh Marriott Crabtree Valley, a 375-room, full service hotel located in Raleigh (Crabtree), NC. Jim Merkel, president and CEO of Rockbridge, made the announcement. The full service, six story Marriott will undergo an extensive $23 million renovation that will dramatically change the overall …

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LAURUS CORPORATION ACQUIRES RENAISSANCE CHICAGO O’HARE

LOS ANGELES, CA – Laurus Corporation, a U.S.-based private real estate investment and development firm, has announced the acquisition of the Renaissance O’Hare Hotel in Chicago, Illinois. The 362-suite upscale property is located on a 3.08-acre lot three miles from O’Hare International Airport, one of the busiest travel hubs in the country transporting more than
66 million people per year, and is situated in one of the most prominent office markets in Chicago. Opened in 2005, the 15-story hotel features more than 15,000 square feet of meeting space and amenities, including a fitness center, business center, pool, concierge and an airport shuttle.

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