Stock analyst: Hyatt positioned for growth | Hyatt charts fast growth path for select-service properties in China | Va. trust buys Portland, Maine, Residence Inn
October 20, 2017
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Stock analyst: Hyatt positioned for growth
Stock analyst Conrad Schickedanz says Hyatt is in a position to ride the growth that has been seen in the luxury and airline sectors.
Seeking Alpha (free registration) (10/18) 
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Business Update
Hyatt charts fast growth path for select-service properties in China
Hyatt plans to increase its network of select-service hotels in China, going from seven to 40 in the next three years. The select-service segment is growing at twice the pace of full-service hotels in China.
Hotels online (free registration) (10/18) 
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Va. trust buys Portland, Maine, Residence Inn
Apple Hospitality REIT Inc. of Richmond, Va., has acquired the Residence Inn Portland Downtown/Waterfront hotel in Maine for an undisclosed price. The five-story hotel has an assessed value of $15.5 million.
Portland Press Herald (Maine) (10/18) 
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Other News
Market Trends
Pod hotel trend reaches Brooklyn, N.Y.
Brooklyn, N.Y., is joining Manhattan as a pod hotel site with next week's scheduled opening of Pod BK in the Williamsburg neighborhood. With their compact rooms, minimalist design and affordable prices, microhotels are growing in popularity with younger travelers.
Brooklyn Daily Eagle (N.Y.) (10/18) 
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Westin New York's Times Square location to offer guests $1,000 bagel
The Westin New York in Times Square is putting its $1,000 bagel back on the menu for a limited time following its debut a decade ago. The bagel's toppings include gold flakes and white truffle cream cheese.
San Francisco Chronicle (tiered subscription model)/The Associated Press (10/18) 
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Maldives' Conrad Hilton Resort helps guests' social media status
The Conrad Hilton Resort on the Maldives' island of Rangali created an Instagram butler service to guide guests to the best spots for taking photos to post on social media.
The Independent (London) (tiered subscription model) (10/18) 
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Best Practices
Nashville, Tenn., hotel customizes rooms for music-makers
Nashville, Tenn., hotel customizes rooms for music-makers
The Hutton Hotel in Nashville, Tenn., has transformed extra space into guestrooms for songwriters. Country singer Dierks Bentley and OneRepublic's Ryan Tedder served as design consultants.
WTVF-TV (Nashville, Tenn.) (10/19) 
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