News on Accommodation Facilities and Services

Santa Rosa Hotels, California - Presenting Finest Lodging Experience

2010-03-17T10:28:29Z

Santa Rosa, located in the watershed of Santa Rosa Creek is the largest city in California's Wine Country.This beautiful city is surrounded by three mountains including Hood Mountain, Taylor Mountain and Sonoma Mountain.Hence, Santa Rosa houses wonderful mountainous sightseeing.Besides, it also offers many tourist attractions such as enthralling w...

Moody's may cut Hyatt senior unsecured rating

2010-03-10T11:30:16Z

<div id="subtitle">Moody's may cut Hyatt Hotels senior unsecured rating; worried about profit declines</div><div><p>Moody's Investors Service said Wednesday that it may cut Hyatt Hotel Corp.'s senior unsecured rating, citing profit declines and concerns over soft demand.<...

Marriott plans to double European properties: report

2010-03-08T17:45:09Z

<div><p>NEW YORK (Reuters) - Marriott International Inc <MAR.N> plans to more than double the number of its properties in Europe in the next few years, with an announcement from the hotel company expected Tuesday, according to the Reuters) - Starwood Hotels & Resorts Worldwide Inc <HOT.N> is raising the annual amount of stock and options that it gives board members who do not work for the company by 25 percent.</p><p>Those directors will get $125,000 in stock and stock options, ...

Blackstone, Hilton lenders agree on debt: source

2010-02-19T19:45:13Z

<div><p>NEW YORK (Reuters) - Private equity giant Blackstone Group <BX.N> has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday.</p><p>The agreement with Hilton's lende...

Feds file to halt Starwood-Hilton lawsuit

2010-02-22T08:15:10Z

&lt;div id="subtitle"&gt;Federal prosecutors intervene in Starwood-Hilton suit because of criminal investigation&lt;/div&gt;&lt;div&gt;&lt;p&gt;Federal prosecutors and agents are investigating possible charges including fraud and theft of trade secrets in a criminal probe of Hilton Hotels Corp. and two executives lured away from a competing hotel compa...

Marriott beats Wall Street estimates, lifts outlook

2010-02-22T10:08:12Z

<div><p>NEW YORK (Reuters) - Marriott International Inc &lt;MAR.N&gt; posted higher-than-expected fourth-quarter earnings and lifted its 2010 outlook on Thursday as business improved, especially at its international hotels.</p><p>The company said it expect...

Earns Marriott

2010-02-11T05:30:30Z

In this photo made Jan. 19, 2010, the Marriott New York Marquis hotel is shown in New York. Marriott Marriott International Inc. moved to a fourth-quarter profit as business travel improved and leisure travelers took advantage of promotions, the hotel operator said Thursday, Feb. 11, 2010.(AP Photo/Mark Lennihan)

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Wyndham profit beats estimates; triples dividend

2010-02-22T10:23:00Z

<div><p>NEW YORK (Reuters) - Wyndham Worldwide Corp &lt;WYN.N&gt;, franchiser of Days Inn, Ramada and Super 8 ...

Earnings Preview: Marriott International Inc.

2010-02-22T10:35:39Z

<div id="subtitle">Marriott to report 4th-qtr results as industry shows tepid signs of recovery in luxury segment</div><div><p>Marriott International Inc., owner of the Marriott and swanky Ritz Carlton hotel brands, reports its fourth-quarter results before the stoc...

Hoteliers likely to see flat 2010

2010-02-22T12:15:21Z

<div><p>NEW YORK (Reuters) - Hotel companies may not be earning any points with Wall Street this year, but many analysts expect 2011 will hold rich rewards.</p><p>In quarterly reports this month, the largest lodging companies are likely to signal that revenue per available room could fall slightly in 2010. Still, companies...

Private equity firm to buy Lodgian for $54M

2010-02-22T16:27:12Z

<div id="subtitle">Private equity firm Lone Star to acquire hotel chain Lodgian for $54 million cash, assume debt</div><div><p>Hotel operator Lodgian Inc. said Friday private equity firm Lone Star Funds will acquire the company for about $54.2 million in cash.</p><p>The price tag is about $2...

Starwood plans 2 new luxury hotels in China

2010-02-22T20:19:37Z

<div id="subtitle">Starwood Hotels to open 2 new upscale hotels in China under Luxury Collection brand</div><div><p>Starwood Hotels &amp; Resorts Worldwide Inc. said it plans to open two luxury hotels in China in the next two years.</p><p>The hotel...

Spanish Hotelier To Open Gay Hotel In New York

2010-02-23T00:31:23Z

<div id="subtitle">The Spanish hotelier Axel Hotels will bring its gay hotel chain to New York City in 2011</div><div><p> <p>The Spanish hotelier Axel Hotels will bring its gay hotel chain to New York City in 2011, 'On Top Magazine' has learned.</p> <p>Axel currently operates “hetero-friendly” hotels in Reuters) - Marriott International &lt;MAR.N&gt; said it expects North American hotels' revenue per available room will drop by 13 to 14 percent in the fourth quarter, a slight improvement over earlier projections.</p><p>In October, Marriott projected that Re...

French hotels polish up their star ratings

2010-02-23T09:01:42Z

<div><p>France, the world's top tourism destination, is polishing up its hotel star ratings and introducing a new luxury five-star category to help travellers know what to expect.</p><p>The new rating criteria will apply to 18,000 hotels across France, many of which are showing off stars awarded under the previous ranking system that dates back to 1986.</p><p>The upgrad...

Niagara Falls Hotels and Motels Guide

2010-02-23T12:18:04Z

Niagara is more than just home to the beautiful falls. This place in Canada also holds numerous hotels and motels that offer breathtaking views of the scenery.<br><br>There are many hotels and motels in Niagara Falls. Niagara is one of the famous wonders of the earth that has an average of at lea...

French luxury hotels reach for a star

2010-02-23T14:27:52Z

<div><p>PARIS (Reuters) - A cliche recipe for success is to aim for the stars. France's luxury hotels say they need to reach for just one more.</p><p>The world's largest tourism destination has introduced a five-star category to its hotel ranking system and the country's gilded establishments are flocking to apply, believing the upg...

Northern New England launches ski season

2010-02-23T16:19:45Z

<div id="subtitle">Slow economy secondary to snow as ski areas prepare for new season</div><div><p>As the economy lurches toward recovery, northern New England's ski industry is viewing the upcoming season with optimism, saying the amount of snow nature sends the region is a much bigger factor in determining how well the ski areas fare.</p><p>Imp...

Hotels Are Falling in Line With the Environmental Trend

2010-02-23T18:07:07Z

The world is going green and there is nothing that we can do about it. Companies that are refusing to get with the times risk losing a lot of business and proof positive of this is the environmental trend that many of the large hotel companies are starting to follow. An industry that was one epitomized by waste is quickly becoming a leader in how to create a better environment in the business world.<br><br>While there was a time when recycling and other safe enviro...