Thursday, June 3, 2010

“Five White Lodging Managed Hotels Ranked as World's Best Hotels on Expedia® Insiders' Select(TM) List” plus 3 more

“Five White Lodging Managed Hotels Ranked as World's Best Hotels on Expedia® Insiders' Select(TM) List” plus 3 more


Five White Lodging Managed Hotels Ranked as World's Best Hotels on Expedia® Insiders' Select(TM) List

Posted: 03 Jun 2010 02:33 PM PDT

Message from Five Filters: If you can, please donate to the full-text RSS service so we can continue developing it.

MERRILLVILLE, Ind., June 3 /PRNewswire/ -- Expedia® travelers have ranked five properties managed by White Lodging as being among the world's best hotels on this year's Expedia Insiders' Select(TM) list. The Marriott Louisville Downtown, Marriott Auburn Hills/ Pontiac Michigan, Marriott Boulder Colorado, Springhill Suites Fishers Indiana and the Homewood Suites Tampa/Brandon, Florida. The list formally recognizes individual hotels worldwide that consistently deliver excellent service, a great overall experience and a notable value. The full list represents only a small percentage of the world's top hotels from the more than 110,000 hotel properties offered on Expedia.

"We are excited that our hotels have been selected by Expedia Travelers for providing outstanding service. We look forward to extending our high level of services to future and repeat guests," says Robert Morse, White Lodging Senior Director of Corporate Revenue Management.

The 2010 Expedia Insiders' Select(TM) list is compiled based on the more than one million Traveler Opinions hotel reviews collected by Expedia, combined with a value rating and the local market expertise of more than 400 Expedia employees in local markets worldwide, resulting in an easy-to-browse list that provides travelers with a powerful way to find the perfect hotel using the trusted insight of other travelers like them. The list showcases the diverse selection of travel destinations and hotel properties.

For more information, visit www.expedia.com/insidersselect.

White Lodging Services Corporation was established in 1985 and is headquartered in Merrillville, Indiana. White Lodging is a fully integrated hotel ownership, development, and operations company - a recognized leader that has defined and cultivated the ability to achieve consistent, sustainable growth among mid- to large-scale hotels across the country. Their current portfolio consists of 148 hotels in eighteen states and encompasses representation of the following leading brands: Marriott International, Inc., Hilton Hotels Corporation, Hyatt Hotels and Resorts, Starwood Hotels and Resorts, InterContinental Hotel Group, and Carlson Hotels Worldwide.

SOURCE White Lodging

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Five White Lodging Managed Hotels Ranked as World's Best Hotels on Expedia® Insiders' Select List

Posted: 03 Jun 2010 02:27 PM PDT

Message from Five Filters: If you can, please donate to the full-text RSS service so we can continue developing it.

MERRILLVILLE, Ind., June 3 /PRNewswire/ -- Expedia® travelers have ranked five properties managed by White Lodging as being among the world's best hotels on this year's Expedia Insiders' Select™ list. The Marriott Louisville Downtown, Marriott Auburn Hills/ Pontiac Michigan, Marriott Boulder Colorado, Springhill Suites Fishers Indiana and the Homewood Suites Tampa/Brandon, Florida.  The list formally recognizes individual hotels worldwide that consistently deliver excellent service, a great overall experience and a notable value.  The full list represents only a small percentage of the world's top hotels from the more than 110,000 hotel properties offered on Expedia.

"We are excited that our hotels have been selected by Expedia Travelers for providing outstanding service.  We look forward to extending our high level of services to future and repeat guests," says Robert Morse, White Lodging Senior Director of Corporate Revenue Management.

The 2010 Expedia Insiders' Select™ list is compiled based on the more than one million Traveler Opinions hotel reviews collected by Expedia, combined with a value rating and the local market expertise of more than 400 Expedia employees in local markets worldwide, resulting in an easy-to-browse list that provides travelers with a powerful way to find the perfect hotel using the trusted insight of other travelers like them. The list showcases the diverse selection of travel destinations and hotel properties.

For more information, visit www.expedia.com/insidersselect.

White Lodging Services Corporation was established in 1985 and is headquartered in Merrillville, Indiana. White Lodging is a fully integrated hotel ownership, development, and operations company – a recognized leader that has defined and cultivated the ability to achieve consistent, sustainable growth among mid- to large-scale hotels across the country. Their current portfolio consists of 148 hotels in eighteen states and encompasses representation of the following leading brands: Marriott International, Inc., Hilton Hotels Corporation, Hyatt Hotels and Resorts, Starwood Hotels and Resorts, InterContinental Hotel Group, and Carlson Hotels Worldwide.

Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

InterContinental’s Indigo Boutique Hotel Brand to Expand in NYC

Posted: 03 Jun 2010 06:24 PM PDT

Message from Five Filters: If you can, please donate to the full-text RSS service so we can continue developing it.

By Nadja Brandt

June 4 (Bloomberg) -- InterContinental Hotels Group Plc's Hotel Indigo brand plans to open a second location in New York as part of the upscale boutique chain's strategy to expand in the biggest lodging markets.

Indigo will build a property on 38th Street on Manhattan's West Side, Janis Cannon, vice president of global brand management, said in an interview yesterday at Bloomberg's Los Angeles office. The company aims to complete the 175-room hotel by the end of 2012, she said. The brand already has a venue on 28th Street in the city's Chelsea neighborhood.

While Indigo's original focus was on smaller markets, it is now seeking growth in metropolitan areas, including Los Angeles, Boston and Washington, according to Cannon. Indigo altered its marketing to build a more luxury image, "bumping up in some markets against upper-upscale" to differentiate itself from midscale brands such as IHG's Holiday Inn chain, she said.

"We are currently rebalancing our portfolio," Cannon said. "While the original strategy to focus on secondary markets was right, in those markets you can never achieve" the same level of revenue per available room as in bigger markets.

At Hotel Indigo, rooms feature dark hardwood floors, murals and tall beds loaded with decorative pillows. Prices at the Athens, Georgia, location start at $179 a night for a standard room and $255 for a suite for the week of June 14. That compares with $299 for a standard room and $699 for a suite at the New York hotel, according to the chain's website.

1980s Formula

The world's largest hotel companies are seeking to capitalize on a formula popularized in the 1980s, when small, individual properties with luxury amenities, designer interiors and quirky decor gained in popularity among travelers.

Starwood Hotels & Resorts Worldwide Inc., the third-biggest U.S. lodging company, owns the W Hotel and Aloft boutique brands. Marriott International Inc., the largest U.S. hotel chain, is working on its own boutique brand named Edition. IHG, based in Windsor, England, started Indigo in 2004 in Atlanta.

Boutique hotels have been hurt by a decline in business and leisure travel during the U.S. recession. Loans backing Morgans Hotel Group Co.'s Hudson New York hotel in Manhattan and its Mondrian Hotel in Los Angeles were sent to a special servicer because of imminent default, Fitch Ratings said last month. The W New York Union Square hotel was put into bankruptcy in March.

Indigo currently has 34 hotels in operation and about 10 will be added this year, Cannon said. In November, she had predicted as many as 15 openings in 2010.

A total of 53 hotels are in the pipeline, and Indigo aims to increase the number of hotels to 600 in the "long term," Cannon said.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net.

Last Updated: June 3, 2010 19:11 EDT

Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Inland American Real Estate Trust Acquires Four Marriott Hotels

Posted: 03 Jun 2010 03:30 PM PDT

Message from Five Filters: If you can, please donate to the full-text RSS service so we can continue developing it.

OAK BROOK, Ill. -- Inland American Lodging Group, Inc. (IALG), a wholly owned subsidiary of Inland American Real Estate Trust, Inc. (Inland American), announced today that it has acquired a portfolio of four Marriott-branded hotels from Moody National Companies for a total purchase price of $80 million. The hotels will continue to be managed by Concord Hospitality Enterprises, which had existing management contracts that were extended to run through 2020. The portfolio contains the following properties:

"We believe they are well-positioned for growth as the economy recovers and business and leisure travel return to more normalized levels. Targeted capital expenditures will further enhance these hotels during Inland American's first few years of ownership."

Property Name                                City, State, Rooms
Courtyard Pittsburgh Downtown           Pittsburgh, PA 182
Courtyard Pittsburgh West Homestead  Pittsburgh, PA 94
Courtyard West Palm Beach Airport     West Palm, FL 103
Marriott West Des Moines                    Des Moines, IA 219
TOTAL 598

"This is a strong portfolio of Marriott-branded hotels that sustained moderate rate and occupancy declines compared to the national average, throughout the economic downturn," said Marcel Verbaas, president and CEO, Inland American Lodging Advisors, Inc. "We believe they are well-positioned for growth as the economy recovers and business and leisure travel return to more normalized levels. Targeted capital expenditures will further enhance these hotels during Inland American's first few years of ownership."

Following this acquisition, Inland American Real Estate Trust has 15,584 hotel rooms, including 54 hotels under the Marriott brand.

"We believe this portfolio will be a strong addition to Inland American's diverse portfolio of real estate assets," said Lori Foust, chief financial officer, Inland American Business Manager & Advisor, Inc.

About Inland American Lodging Advisor, Inc.

Inland American Lodging Advisor, Inc., located in Orlando, FL, focuses on acquiring and asset managing a diversified portfolio of lodging properties on behalf of Inland American Real Estate Trust, Inc. Inland American Lodging Advisor, Inc. currently oversees 107 hotels branded under various Marriott, Hilton, Starwood, Hyatt, IHG and Choice brands that are managed either by the brands managers or independent third-party management companies.

About Inland American Real Estate Trust, Inc.

Inland American Real Estate Trust, Inc. focuses on acquiring and developing a diversified portfolio of commercial real estate including retail, multi-family, industrial, lodging, office and student housing properties, located in the United States and Canada. The company also invests in joint ventures, development projects, real estate loans and marketable securities. As of March 31, 2010 Inland American owned, directly or indirectly through joint ventures in which it has a controlling interest, 975 properties, representing approximately 47.1 million square feet of retail, industrial and office properties, 10,153 multi-family units and 14,856 lodging rooms. Inland American is one of five REITs that are, or have been, sponsored by affiliates of The Inland Real Estate Group of Companies, Inc. For further information regarding Inland American, please refer to the company website at www.inland-american.com.


Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

0 comments:

Post a Comment