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Property Improvement Plan

Property Improvement Plan

A property improvement plan (PIP) is required to bring a hotel in compliance with brand standards. According to HVS, an effective PIP should help owners gain market share, increase guest satisfaction, drive revenue performance, and enhance profitability. Elements like lighting, ...

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AC Hotel Coming to Cincinnati in 2015

AC Hotel Coming to Cincinnati in 2015

A 130-room AC Hotels by Marriott is slated to open in Cincinnati, Ohio, in fall 2015. It will be a key part of a planned $350 million major retail, residential, and office project named Liberty Center in northern Butler County. ...

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Nobu Hotel and Restaurant to Enter Chicago

Nobu Hotel and Restaurant to Enter Chicago

CHICAGO—Lifestyle group Nobu Hospitality LLC is proud to announce plans for the development of the luxury boutique Nobu Hotel and Restaurant Chicago with a leading U.S. real estate development firm. The property will be located in the West Loop area ...

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Luxury Boutique Hotel Hugo to Debut in Hudson Square

Luxury Boutique Hotel Hugo to Debut in Hudson Square

NEW YORK CITY—Fortuna Realty Group LLC, in partnership with real estate developer Matthew Moinian, announces the company’s latest project, Hotel Hugo, a luxury boutique property slated to open during spring 2014 in Manhattan’s Hudson Square neighborhood. Designed by Beverly Hills-based ...

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Hilton Garden Inn Portland Airport Completes Expansion

Hilton Garden Inn Portland Airport Completes Expansion

PORTLAND, Maine—Hilton Garden Inn Portland Airport has announced the completion of its lobby renovation. As part of the renovation, a 36-room expansion, including two large junior suites, was added to the existing 88-room hotel. Additional improvements will continue with upgrades ...

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