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30 September 2011
From the desks of the HotelNewsNow.com editorial staff:
• HVS says Germany hotels are leading Europe’s recovery;
• PhoCusWright: new Chinese traveler trending toward OTAs;
• Blog: Are you fit for a hotel makeover reality show?;
• U.S. consumer spending slowed in August; and
• U.S. initial weekly unemployment claims fall by 37,000.
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2.
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By Stephanie Wharton, HotelNewsNow.com contributor
30 September 2011
TV chef Gordon Ramsay and a mystery hotel expert will be checking into failing hotels in two new shows that are currently casting.
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3.
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By Bob Cotton, HotelNewsNow.com columnist
02 February 2009
At the Tourism Summit, the prime minister asked for a list of key areas in which government could take action to benefit U.K. tourism. In the six-point list we drew up, it’s clear that they could also apply, perhaps with some adaptation, to the tourism industry of any country.
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4.
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HNN Newswire
05 November 2009
The company paid a one-time fee of US$2 million in exchange for the removal of the covenant.
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5.
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HNN Newswire
07 August 2009
The facility’s size was reduced from $220 million to $125 million and the full $125 million is currently available to be borrowed.
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6.
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By Shawn A. Turner, Finance Editor
21 December 2012
Pinnacle Entertainment’s CEO said its acquisition of Ameristar allows it to be less dependent on existing markets in the gaming company’s portfolio.
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7.
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By Stacey Mieyal Higgins, News Editor-International
24 October 2008
There is still money to be had for hotel financing, but banks are looking for the best transactions. Participants in a session that addressed lending solutions at the International Hotel Conference in Rome last week shared their perspectives on the matter.
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8.
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By Jeff Higley, Editorial Director
06 December 2011
Speaking during last month’s European Hotel Investment Conference, several luxury-hotel executives said properties in key gateway cities are performing well, and they’re looking forward to a robust 2012.
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9.
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By Jeff Higley, Editorial Director
28 September 2012
While there are many potential buyers waiting in the wings, banks continue to have stringent underwriting requirements for providing debt to hotels in Europe.
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10.
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HNN Newswire
26 November 2008
Morgans Hotel Group Co. announced a series of extensions of the third-party financing totaling US$112 million for Mondrian in South Beach, an unconsolidated joint venture owned 50 percent by Morgans.
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