Management
Strategies, trends and news about third-party management companies and owner/operators. A look at the costs, approaches and contracts for hotel and resort managers in the lodging industry.
Waldorf Astoria Stakes Heartland Claim
It’s bitterly cold in the appropriately named Windy City, a mid-February day best spent inside. Which makes a cozy suite in the recently rebranded Waldorf Astoria Chicago a particular pleasure....
Coast Hotels Looking to Expand in West
Shoppers who stay at the The Coast Bellevue Hotel in Bellevue, WA, can use their keycard as a discount pass for shopping at Macy’s department store. Hunters who stay at Alaska’s Coast International Inn have access to a walk-in freezer. Tourists ...
TRYP Coming to North America
Glass doors slide open to the lobby of the Tryp by Wyndham Hotel Quebec PUR. The deep charcoal and white lobby is austere, what Americans refer to as European or minimalist. Neutral shades carry the lobby, halls and rooms. Occasional pops of bright orange — a pillow here, a print there, the guest directory and even the desk pen — play with the eye....
AWH Holdings Primes Lane Hotels for Growth
Bill DeForrest admits it wasn’t an industry secret that Lane Hotels was on the market. With the third generation of the family now involved in the business, the Lanes were looking to...
Lone Star Court Introduces Retro Motor Court Concept
What’s old is new, again. And now, the motor court is back. “The idea came from passing by old motor courts that were kind of run down and saying, 'Wouldn’t it be fun to buy one and fix it up?’” says Doyle A. Graham Jr., president of Valencia Group. ...
Top Hotel Owners Survey
The June 2012 issue of Lodging Hospitality will include our Top Hotel Owners Survey. Please take a few moments to complete this short questionnaire....
Top Management Company Survey
The June issue of Lodging Hospitality magazine will include Lodging Hospitality’s annual Top Management Companies Survey. If you work for a management company, please take a few minutes to fill out this survey. ...
The Changing Landscape of Hotel Management Agreements
Just when the hospitality industry economy is starting to improve, there is a new threat to the business model: owners are literally throwing operators out—whether or not they have the contractual right to do so....
Denihan’s New President Aims to Double Portfolio
As the new president of 50-year-old Denihan Hospitality Group, David Duncan is the first non-family member in such a top leadership position. He joined the company as CFO in 2003 and has grown into the newly created position. There, he reports to Denihan co-CEOs and owners, Brooke Denihan Barrett and Patrick Denihan. ...
Marriott's Lasting Legacy
Don’t ask Bill Marriott about his retirement. He’s not retiring and has no plans to. Ever. “I’ve seen too many people retire, get bored and die,” he says. He then leans forward, for emphasis it seems, and adds, “That’s not what I plan on doing,” before letting out a hearty laugh. ...
Pillar Hotels Eyes Aggressive Growth
When Marriott was adding bistros to its Courtyard properties, it was no problem for management company Pillar Hotels & Resorts. The seven-year-old Irving, TX-based company has supervised enough capital improvements that it was more than ready to manage changes to the lobbies and food and beverage operations....
Top Owners & Operators
Here is a list of ownership and development companies and third-party management companies who focus on the lodging industry....
Carlson Rezidor Stays the Course
There was no major announcement, nothing like the bold Ambition 2015 strategy unveiled by Carlson Hotels in 2010, but one thing was noticeably different at last week’s global business conference: the company’s name was now Carlson Rezidor Hotel Group. ...
Understanding Market First Step to Turnaround
Tom Engel spent the 1980s helping launch brands like Embassy Suites, Crowne Plaza and Hawthorn Suites, then turned his attention to managing the hotel portfolio of AXA Equitable during the 1990s as an executive vice president of its $1.8 billion lodging and leisure group. Engel now often finds himself in between the brand and owner as an asset manager....
Is It Time to Change Hotel Management?
Change can be daunting. But for hotel owners and operators who suspect they’re not getting the most out of their property or properties, change can also be essential. Changing hotel management companies can have a potentially dramatic impact on your day-to-day operations, your long-term prospects and your bottom line. The big question, of course, is whether or not to make a change in the first place. ...
Final Words on ALIS: Rebound With a Question Mark
The 11th Americas Lodging Investors Summit, held last week in Los Angeles, featured a shiny new venue, controversial security procedures and some format changes. But what was most different from last year’s event held in San Diego was the intensity of industry optimism. Last year, the mood was irrational: many industry people were expecting an even more robust 2011 than ultimately developed. This year, the smart money was on bullishness with a healthy dose of concern, mostly about risks beyond control of the industry and individual owners and operators....
ALIS Returns to LA with Big Names, Numbers
The return of the Americas Lodging Investment Summit to Los Angeles and the new J.W. Marriott at LA Live brought out big numbers and even bigger names. The third largest crowd ever — approximately 2,400 — sat comfortably in the 7,000-seat Nokia Theatre for the opening of the event titled “Rebound!” Industry leaders, the chief economist for Wells Fargo Securities and legends Sam Zell and Bill Marriott took to the stage that has also hosted the Emmy Awards, the ESPYs and American Idol....
Capital Markets Key to Hotel Real Estate Rebound
Unlike the operating side of the hotel industry, the real estate recovery hasn’t been as clearly defined. Transaction volumes rose again in 2011, values have grown faster than anyone expected and overall industry sentiment appears positive starting the new year, yet the forecast for 2012 remains partly cloudy. ...
Lodging's Winding Road to Recovery
Vantage Hospitality President & CEO Roger Bloss was watching sports on TV last month when he discovered what might be the perfect metaphor for the hotel industry outlook in 2012. “Instead of football, I was watching a road rally and noticed that sport is a lot like what’s facing the economy and our business...
Marriott Retirement Heads List of Top Hotel Stories
Despite the relatively light volume of news this year, 2011 has produced a number of major stories. Yesterday we looked at the 10th through the sixth biggest stories of the year, and today we feature the five biggest....
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