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January 25, 2013
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News for luxury hospitality professionals

  • Loews Hotels aims to expand global portfolio to 50 in 3 years
    Loews Hotels & Resorts is looking to ramp up its property construction and acquisition efforts around the world to reach its goal of having 50 hotels by 2016, says Troy Furbay, Loews' chief investment officer. "We're likely to grow five hotels a year, which won't get us to the goal of 50 that we want to have in three years, so along the way there will be a company acquisition or portfolio acquisition to get us up to scale that way. The right size [of portfolio] for us would be to buy 10, a dozen or 15 hotels in one deal," Furbay said. (1/24) LinkedInFacebookTwitterEmail this Story
  The Concierge Desk 
  • Peninsula hotels to celebrate Chinese New Year
    Chinese New Year begins on Feb. 10, and hotels in Beijing, Shanghai, Hong Kong and elsewhere will be celebrating. Peninsula hotels will decorate lobbies with red flowers, pink-blossomed plum trees and kumquat bushes -- all symbols of prosperity. In guest rooms, travelers will find more signs of prosperity such as melon seeds, tangerines, dumplings and chocolate coins, this feature says. Los Angeles Times (tiered subscription model) (1/24) LinkedInFacebookTwitterEmail this Story
  • Other News
  Hospitality Trends and Technology 
  • Lodging industry posted growth in Q4, STR reports
    Data released by STR indicate that revenue per available room at U.S. hotels rose 6.5% in the fourth quarter. Average daily rate during the same period increased by 4%, while occupancy was up 2.4%. "We expect this pattern will continue in 2013, as demand growth slows somewhat and ADR traction holds. Room supply growth is gaining momentum -- up 0.7% in the quarter -- but we don't expect new hotel room capacity will be a major drag on overall 2013 industry performance," said Bobby Bowers, a senior vice president at STR. TravelPulse (1/24) LinkedInFacebookTwitterEmail this Story
  • Convenience boosts the numbers of medical spas
    Convenience and a more intimate setting are two reasons why medical spas have grown by 80% in the past two years, according to The Boston Globe. Most offer facials, chemical peels and other spa fare, but also include medical procedures to reduce wrinkles and tighten skin. "For us, the spa is integral with the medical practice. We now have the full spectrum to offer patients, ranging from microdermabrasion all the way to surgery," said plastic surgeon Dr. Matt Concannon. Columbia Business Times (Mo.) (1/24) LinkedInFacebookTwitterEmail this Story
  • Other News
  Spotlight on Development 
  • Cosmopolitan unveils new events center project
    Work is under way on a 3,000-seat events center at the Cosmopolitan of Las Vegas. The theater, which will be called the Chelsea, is expected to open by the end of the year. CEO John Unwin said the facility would help the hotel get larger convention bookings. "You'll be having the keynote speaker from Google or Apple addressing their group in here one day, and the next day maybe you'll have a general session in here for a convention, and then the next day you'll have a big concert or boxing," Unwin said. Las Vegas Review-Journal/The Associated Press (1/23) LinkedInFacebookTwitterEmail this Story
  • Colo.'s Stanley Hotel offers a spooky stay
    The Stanley Hotel in Estes Park, Colo., has been featured on popular ghost-hunting television shows. The public can take ghost tours of the historic property, or spend a night in the hotel. Some of the most haunted spots in the main hotel are rooms 217, 401, 407, 418, 428, and room 1302 in the lodge, this feature says. USA Today (1/24) LinkedInFacebookTwitterEmail this Story
  Luxury Hoteliers News 
  • Sales Manager needed in Dubai
    A luxury boutique hotel and villa rental group based in Dubai is looking for a Sales Manager from the luxury market, ideally with villa rental sales experience. Package includes accommodation and medical. Read more here. LinkedInFacebookTwitterEmail this Story
  • Working on integrity
    In a world where the true value of success is often measured by the final achievement, not the process itself, dishonesty and a lack of integrity can creep in, especially when you think no one is watching. Trust can be broken in moments and a reputation ruined forever. Take note of some good advice in this article on how to do the right thing. Read more. LinkedInFacebookTwitterEmail this Story
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Austrian writer

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