Eight Startups to Compete for $5,000 Prize and Exposure to Industry Leaders
Source: hotelnewsresource.com
G7 commits to phasing out coal by mid 2030s following meeting in Turin
The Environment, Energy and Climate summit concluded today at the Palace of Venaria in Turin. G7 countries have agreed to phase out coal power during the first half of the 2030s.The Environment, Energy and Climate G7 meeting concluded on Tuesday at the Palace of Venaria in Turin.The focus of the summit was green transformation and addressing climate change, pollution, the energy crisis and … [Read More...]
Dreaming of eating at a Michelin-starred restaurant? These are the most affordable places to do it
A new study has found that many of the most expensive Michelin-starred restaurants worldwide are in Europe - but there are affordable options on the continent too. If you’re a foodie, you likely have a visit to a Michelin Star restaurant on your bucket list. However, many of them are prohibitively expensive for most of us.Since its launch 124 years ago in France, the Michelin Guide has … [Read More...]
Lufthansa sees losses extend in Q1 after airline figures weighed down by strikes
Despite a disappointing first quarter, the airline expects a record summer boosted by leisure as well as business travellers, leading to more plans to expand the company’s long-haul routes. German national carrier Lufthansa reported its first quarter 2024 earnings on Tuesday, clocking in an operating loss of -€849 million, a steep plunge from Q1 2023's loss of -€273 million euros. However, the … [Read More...]
UK's King Charles visits cancer charity in first public engagement since announcing illness
The monarch returned to public duties on Tuesday after several months receiving treatment in private. King Charles has returned to public duties after receiving medical treatment with a trip to a cancer charity.The event marks the king’s first formal public engagement since Buckingham Palace announced he was undergoing therapy for an undisclosed type of cancer.The UK’s National Health Service … [Read More...]
Swedish police to investigate reports of information leaks to violent gangs
Sweden has struggled with a surge in violence in recent years as gangs fight for control of drug markets. An investigation in Sweden has revealed that police employees have been leaking confidential information to gang members with whom they have had sexual relations.Swedish Prime Minister Ulf Kristersson on Monday admitted he was concerned about the “very serious” revelations by … [Read More...]
IHG opens first avid-Candlewood dual-branded property
IHG Hotels & Resorts (IHG) has opened its first dual-branded avid hotels and Candlewood Suites property in North Platte, NE, following the prototype’s launch in 2021. Operating under the ownership of Nightcap Management LLC, avid hotel and Candlewood Suites North Platte marks the first milestone in the growth trajectory for the dual-brand pairing, with more than 40 additional hotels in the … [Read More...]
Red Roof PLUS+ property opens in San Antonio
Red Roof has opened the 59-room Red Roof PLUS+ San Antonio Northeast. Owner ShreeGanesh Inc. has completed a number of renovations to the property, which included new paint throughout; updated guestroom and public bathrooms; new bedding; new guestroom and lobby furniture; new flooring throughout the hotel; and a new coffee bar. The pet-friendly property offers free WiFi, free expanded cable, a … [Read More...]
Walker & Dunlop arranges $55M refi for Denver Doubletree hotel
Walker & Dunlop (W&D) has arranged $55 million to refinance the DoubleTree by Hilton Hotel Denver, a 561-key, two-tower hotel located in the Central Park submarket. The W&D New York Capital Markets team led by Adam Schwartz, Aaron Appel, Jonathan Schwartz, Keith Kurland, Michael Diaz, Triston Stegall and Christopher de Raet arranged the loan on behalf of clients Taconic Capital … [Read More...]
LE: Canada’s hotel construction pipeline hits record-high project count
The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY). In Canada, there was a surge of projects that moved into the under construction stage … [Read More...]
HVMG promotes three executives
Hospitality Ventures Management Group (HVMG) has promoted three associates to leadership roles. Jamison Conrey was named VP. engineering, capital projects and risk management, while Androse Bell and Maggie Rose were both named GM/VP, operations. “Jamison, Androse and Maggie embody HVMG’s ‘Be Excellent’ culture, each distinguishing themselves as stellar leaders over several years,” said Robert … [Read More...]