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Showing posts from February 26, 2015

Optimism Returning to the Global Hotel Industry

Optimism about hotel development, financing and property values prevailed among the 2,000 delegates from 73 countries who attended the 17 annual International Hotel Investment Forum (IHIF)
which took place last week at the InterContinental Berlin. The positive tone was reflected in presentations by 200 speakers during the three-day event. There was consensus that property values are increasing, banks are more willing to lend at sensible loan-to-value ratios and substantial growth in the Asia Pacific region will continue to dominate the development agenda.

Questex Partners with Asia Hotel Forum to Expand Presence in China

Questex Hospitality + Travel, the largest multinational media, event and e-commerce company serving the global hospitality and travel industry, today announced it has teamed up with China-based Centre of Asia Hotel Forum (AHF), a leading hotel investment event organizer focused on the
Chinese market, to introduce the International Hotel Investment Forum (IHIF) Summit Series in China.

Lyon Marriott Hotel Cité International opens in France

Marriott Hotels, the signature brand of Marriott International, welcomed Lyon Marriott Hotel Cité International to its portfolio earlier.The hotel joins a further 23 Marriott Hotels in France.Situated in the heart of the renowned city, famous for its historical and architectural landmarks, the hotel offers 204 spacious guestrooms and suites along with an extensive wellness zone including a solarium
with views over the rolling hills of Caluire.

More upscale international hotels to open

PETALING JAYA: Malaysia is attracting more upscale international hotel names with the scheduled opening of a number of new properties in the country in the next few years.Industry observers said this development would spur greater depth and product offerings in the local hospitality sector.

Marriott Port-au-Prince Hotel Opens in Haiti

The new Marriott Port-au-Prince Haiti Marriott Hotel today checked in its first guests. Among the 200 new Haitian hotel workers who welcomed them were young people from disadvantaged backgrounds, and Haitian-Americans who want to share their hospitality skills to help boost Haiti’s tourism economy.

Monarch Casino & Resort, Inc. Reports Fourth Quarter Net Revenue of $45.9 Million and Adjusted EBITDA of $9.5 Million

Monarch Casino  Resort, Inc. (NASDAQ: MCRI) today reported operating results for the fourth quarter and full year ended December 31, 2014, as summarized below.
John Farahi, Co-Chairman and Chief Executive Officer of Monarch, commented: "We ended 2014 on a strong note, with fourth quarter financial results reflecting healthy revenue performance at both
Atlantis and Monarch Black Hawk.

EXCLUSIVE INTERVIEW | Luciano Scelza; Executive Assistant Manager/Deputy GM at Rotana

Luciano Scelza 

Executive Assistant Manager/Deputy GM 

at Rotana