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Melbourne Vibes: TFE opens Docklands hotel and Flinders’ Street rooftop bar

Hotel Management

The 273-room hotel, formerly Four Points by Sheraton, is owned by MA Financial Group and operated by TFE Hotels. TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick; Senior Director of Operations ANZ, Tish Nyar; and Regional General Manager VIC, Stephen Moore, joined Hotel General Manager, Nigel Maxey, for the opening celebrations.

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Bruce Smith-Cordish JV to develop $1.4B mixed-use in Virginia

Hotel Business

Casino & Hotel Virginia. “An important part of our evaluation was to identify a development team with a proven track record in developing and operating mixed-use and casino properties, a long history of revitalizing cities across the country, and strong community engagement practices. . billion Live!

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IHG breaks ground on two Atwell Suites hotels

Hotel Business

Both hotels are projected to open in mid-late 2024 and join an expanding pipeline that will bring 35 additional properties and more than 3,500 rooms to the U.S. Located adjacent to both The Pass Casino and America First Center, Atwell Suites Henderson – at the Pass will anchor the ongoing redevelopment of the city’s Water Street district.

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IHG’s Garner brand opens two hotels, plots growth

Hotel Business

These properties include: Garner Hotel Macon West, operating under first-time IHG owner Sapphire 2021 LLC, features 63 rooms and is adjacent to Rhythm and Rally Sports and Events Center, the largest indoor pickleball facility in the world. alone over the next decade.

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Hotel Equities opens Courtyard in Nanaimo, BC

Hotel Business

The nine-story hotel is located adjacent to the Vancouver Island Conference Centre, and between Casino Nanaimo and the Nanaimo Museum. We look forward to utilizing these systems to provide sound support for property operations benefiting our associates, guests and ownership.”

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Hyatt exceeds 2023 net income, RevPAR outlook

Hotel Business

Comparable owned and leased hotels operating margin was 26.2% Pipeline of executed management or franchise contracts was approximately 127,000 rooms. Pipeline of executed management or franchise contracts was approximately 127,000 rooms. in the fourth quarter and 25.4% for the full year. in the fourth quarter and 15.3%

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Sonesta opens 13 properties in first half of ’23

Hotel Business

with a complete platform of franchise services, hotel operations and franchise support. As owners and operators ourselves, Sonesta has the expertise to open and run managed hotels such as The Nautilus Sonesta Miami Beach and to create a brand portfolio that is attractive to franchisees.

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