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U.S. Hotels Poised for Growth in 2014

U.S. Hotels Poised for Growth in 2014

ATLANTA, Ga.—After a slight deceleration in growth during the last half of 2013, U.S. hotels should see strong gains in revenues and profits in 2014 and 2015 according to PKF Hospitality Research (PKF-HR). According to the recently released December 2013 ...

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The Ritz-Carlton Opens First Hotel in Israel

The Ritz-Carlton Opens First Hotel in Israel

CHEVY CHASE, Md.—The Ritz-Carlton Hotel Company unveiled its first hotel in Israel, with the official opening of The Ritz-Carlton, Herzliya. “It is a privilege to bring The Ritz-Carlton legendary service to Israel at this beautiful seafront location in the greater ...

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SLS Hotel Heading to Philadelphia

SLS Hotel Heading to Philadelphia

PHILADELPHIA—SBE, a hospitality, lifestyle and real estate development company, and Dranoff Properties, a developer and owner of luxury apartments and condominiums, announced its plan to construct the SLS International Hotel and Residences at the high profile intersection of Broad and ...

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Hyatt Announces Plans for Hyatt Regency Sentul City

Hyatt Announces Plans for Hyatt Regency Sentul City

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with PT Eka Ilalang Suryadinamika for a Hyatt Regency hotel in Sentul City, Indonesia. Hyatt Regency Sentul City will be the sixth Hyatt-branded hotel in Indonesia. ...

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