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Hotels

by Hotel News
Spotlight - Battle For Real Estate

Interview and discussion with Barry Sternlicht of the Starwood Capital Group. He talks about how he end up with real estate business and the challenges they overcome.

Spotlight - Winter And Summer For Four Seasons

Interview and discussion with the Four Seasons Chairman and C.E.O., isadore Sharp.

Priority Club Rewards Launches "Points & Cash"

IHG's Priority Club Rewards, the world's largest hotel loyalty program, today announced the launch of "Points & Cash," a new program feature that allows members to redeem points with cash for reward night stays at any of IHG's more than 4,200 hotels worldwide.

MGM Mirage, Egyptian partner to build Cairo resort

Casino operator MGM Mirage said that it is teaming with an Egyptian developer to build a resort outside Cairo.

Radisson takes over Grand Bahama resort

Radisson Hotels & Resorts expanded its Caribbean portfolio with the addition of the Radisson Our Lucaya Resort, Grand Bahama Island.

Hotel Loan Defaults in U.S. Jump to $17 Billion as Recession Curbs Travel

As many as one in five U.S. hotel may default on their loans by the end of 2010 as the recession forces companies to spend less on travel and perks, according to Kenneth Rosen , an economist at the University of California.

Sheraton Hotel Planned Near Wal-Mart HQ in Bentonville

Starwood Hotels & Resorts Worldwide Inc. plans to build its second Arkansas property in a premium spot - across the street from the headquarters of the world's largest retailer.

Hotel stocks trade mixed after sector downgrade

Hotel companies' shares were mixed on Wednesday afternoon after a Barclays Capital analyst, calling herself "extremely bearish," downgraded the lodging sector and said an industry recovery is likely to lag far behind an economic recovery.

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