Copyright 1995-2010 Hsyndicate.com http://www.hsyndicate.org/ Top Stories - Latest Hospitality and Hotel Industry News and Events en-us Fri, 12 Mar 2010 03:42:11 GMT content@hsyndicate.com davy@hsyndicate.com Hsyndicate RSS FeedGenerator 5 http://www.hsyndicate.org/news/4045791.html http://www.hsyndicate.org/news/4045791.html Thu, 11 Mar 2010 16:21:44 GMT The Hong Kong Polytechnic University (PolyU) today (11 March) hailed the topping-out for the redevelopment of its former staff quarters Pak Sui Yuen in Tsimshatsui East. The new premises, which is scheduled for completion in late 2010, will be home to its world-renowned School of Hotel and Tourism Management (SHTM) and a unique teaching hotel. With its distinct design and prominent location by the side of Cross-Harbour Tunnel’s Kowloon entrance, the new infrastructure is set to become a new icon in the heart of the city. http://www.hsyndicate.org/news/4045790.html http://www.hsyndicate.org/news/4045790.html Thu, 11 Mar 2010 16:18:59 GMT Today, Scandic signed an agreement to purchase Hotel Linnea, Hotel Rivoli and Hotel Salpaus from Next Hotels Finland Oy. The deal also covers an amazing new hotel that will be built in conjunction with the Paasitorni Congress Centre in Helsinki. These four new hotels effectively strengthen Scandic’s position in Finland, and prove the hotel chains ambition to continue the expansion in Finland. http://www.hsyndicate.org/news/4045788.html http://www.hsyndicate.org/news/4045788.html Thu, 11 Mar 2010 16:05:25 GMT HVS has released a survey documenting U.S. hotel transactions in calendar year 2009. The HVS Survey of Major and Mid-Market U.S. Hotel Transactions in 2009 details hotel sales of $10 million and above (major) and hotel sales between $3.0 and $9.99 million (mid-market). http://www.hsyndicate.org/news/4045787.html http://www.hsyndicate.org/news/4045787.html Thu, 11 Mar 2010 12:12:37 GMT J.W. Marriott, Jr., Chairman and CEO of Marriott International, today received the Lifetime Achievement Award at the 13th annual International Hotel Investment Forum (IHIF) in Berlin, Germany. The IHIF Lifetime Achievement Award is presented to a business leader who, over his or her lifetime, has made a significant difference in the hospitality industry. http://www.hsyndicate.org/news/4045786.html http://www.hsyndicate.org/news/4045786.html Thu, 11 Mar 2010 11:45:10 GMT Accor, the largest international hotel operator in Vietnam, announces today its strategic expansion plans for Vietnam. This plan includes additional hotels within the Novotel, Mercure hotel brand, launching of the ibis brand and MGallery label and the ambitious goal of doubling the number of rooms under management in the Vietnam by 2012. http://www.hsyndicate.org/news/4045785.html http://www.hsyndicate.org/news/4045785.html Thu, 11 Mar 2010 11:38:30 GMT Always like to make sure you know about the best hotel bars in the USA, even if it means waiting in line? If you answered yes, then you might want to check out Nightclub & Bar magazine's first annual "best hotel bar" award. The magazine just gave the title to the W Hotel's POV bar in Washington D.C. - one of the district's hottest bars. http://www.hsyndicate.org/news/4045784.html http://www.hsyndicate.org/news/4045784.html Thu, 11 Mar 2010 11:27:59 GMT From Paris Fashion Week, W Hotels Worldwide, the hotel category buster and industry innovator, tonight celebrates an industry first, the appointment of international stylist and fashion authority Amanda Ross as the brand’s first ever Global Fashion Director. For more than 10 years, W has continually broken new ground through innovative and first-of-its-kind fashion initiatives and programs. As W Hotels continues to grow globally, on track to increase its footprint to more than 50 hotels by 2011, Ross will serve as a strategic fashion advisor to the brand, providing global insight and guidance for an integrated, cutting-edge approach to fashion. http://www.hsyndicate.org/news/4045782.html http://www.hsyndicate.org/news/4045782.html Thu, 11 Mar 2010 10:45:17 GMT Experts from HVS, the word’s leading hotel consultancy and appraisal firm, will contribute to a panel on hotel valuation techniques and host a booth at the 22nd annual Hunter Hotel Investment Conference. The conference will be held March 17-19 at the Atlanta Marriott Marquis. http://www.hsyndicate.org/news/4045781.html http://www.hsyndicate.org/news/4045781.html Thu, 11 Mar 2010 10:34:08 GMT In a strategic move designed to take the Lexington Collection of hotels, plaza hotels, boutique hotels, and resorts to the next level, Vantage Hospitality Group, Inc., announced that Bill Hanley will now serve as the managing director of the only membership brand in the upper-mid and upscale lodging segments. http://www.hsyndicate.org/news/4045779.html http://www.hsyndicate.org/news/4045779.html Thu, 11 Mar 2010 10:09:45 GMT Most hotel owners are uncertain how to do deal with a hotel loan in distress. This is understandable—their skill is in buying, building and operating hotels. The problem is that they think because they are good at hotel development and management, they will also be good at working out their loan's problems with their lender. As a result, they often don’t consult with anyone with real expertise in negotiating troubled loans with lenders. Here are 10 pointers to consider before picking up the phone to call your lender.