Report: LaSalle group going to Blackstone for $4.8B | Luxury hotels finding demand in Shanghai | Coppola: Hotel development means telling a story
May 21, 2018
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Report: LaSalle group going to Blackstone for $4.8B
Blackstone Group will reportedly buy luxury hotel owner LaSalle Hotel Properties for $4.8 billion. The deal comes three days after Blackstone agreed to give up the last of its Hilton stake and represents a premium of nearly 35% above LaSalle's share price on March 27, the day before Pebblebrook Hotel Trust announced a proposed all-stock bid for LaSalle.
Bloomberg (tiered subscription model) (5/21) 
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The Concierge Desk
Luxury hotels finding demand in Shanghai
Shanghai has added about 10 luxury properties over the past year, among them the St. Regis Shanghai Jingan and W Shanghai -- The Bund.
TTG Asia (5/21) 
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Coppola: Hotel development means telling a story
Celebrated film director Francis Ford Coppola owns the Family Coppola Hideaways hotel collection. He says developing hotels is "storytelling."
Travel Weekly (5/21) 
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Hyatt gains presence on Ctrip
Hyatt and Ctrip have started a partnership that will give more than 300 million Ctrip members the ability to book stays at Hyatt properties in China and eventually worldwide.
Breaking Travel News (5/21) 
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Hospitality Trends and Technology
ALICE the app keeps Cape Town's One&Only guests in touch
A free smartphone app that affords wide-ranging real-time communication between guests, staff and management has been unveiled by the One&Only hotel in Cape Town, South Africa. Called ALICE ("A life-improving customer experience"), the feature offers access to TripAdvisor as well as the hotel's amenities.
Business Report (South Africa) (5/20) 
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Spotlight on Development
Fairmont Maldives Dirru Fen Fushi opens its doors
The Fairmont Maldives Dirru Fen Fushi has opened to guests with 112 villas. The property's Willow Stream Spa features a serenity pool.
Spa Opportunities (5/18) 
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Historic mansions to form boutique hotel in Pa.
The historic Sayre Mansion and Wilbur Mansion in Bethlehem, Pa., are joining forces to create a 55-key hotel and event center.
The Morning Call (Allentown, Pa.) (5/17) 
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International Update
Marriott Autograph Collection arrives in South Africa
Marriott's Autograph Collection is making its South Africa debut with the rebranding of five African Pride properties.
Hotelier Middle East online (United Arab Emirates) (5/20) 
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Lodge makes home inside Vietnam national park
Topas Ecolodge features 33 bungalows inside Vietnam's Hoang Lien National Park. The property added an infinity pool last year.
Forbes (5/18) 
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ILHA News
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Get food photos that sizzle
How to highlight your culinary offerings with style. Read article.
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Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people will not feel insecure around you.
Marianne Williamson,
writer
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