OTO Development Acquires Oceanfront Hotel in Myrtle Beach, South Carolina
Development is growing once again with its fifth waterfront location, the purchase of the South Bay Inn & Suites in Myrtle Beach.
Development is growing once again with its fifth waterfront location, the purchase of the South Bay Inn & Suites in Myrtle Beach.
Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it completed its acquisition of the Tropicana Evansville casino operations from Caesars Entertainment, Inc. (NASDAQ: CZR). As part of the transaction, Bally's also acquired the unencumbered rights to the Evansville operations' sports betting and iGaming skins, which will provide the Company with greater access to the growing Indiana gaming market.
According to STR, Boston’s revenue per available room (RevPAR) fell by more than $100 last year, from $147 in 2019 to $42 in 2020, recording a 71.3% decline that was severe by any measure, but also when compared with that of other major metropolitan areas. Per STR, the Top 25 U.S. markets’ RevPAR fell by 57.6% in 2020. The key reasons for the disproportionate impact on the Boston hotel market follow.
Established third-party management company Sightline Hospitality has joined forces with woman-owned developer, Z Life Company, to debut the first of many efficiently designed and constructed hotel developments in Las Vegas, Nevada this fall. Affiliated with Marriott’s Tribute Portfolio soft brand and located in the vibrant Arts District, the 74-room hotel with destination bar and restaurant is a rollout of Z Life’s proprietary M8TRIX building model, utilizing a pre-engineered modular wall system that provides the building’s entire structural support.
Sonesta International Hotels Corporation (Sonesta) today announced the addition of five hotels to the Sonesta Select hotel brand and its global hotel portfolio. All the hotels are owned by Service Properties Trust (Nasdaq: SVC) and were transferred to Sonesta as of June 2, 2021.
The new Mar Monte Hotel has today completed the final phase of its multi-million-dollar reimagination, with the much-anticipated opening of costa Kitchen & Bar, a modern take on coastal Mediterranean cuisine, served with ocean views right on America's own riviera. As Santa Barbara's newest lifestyle boutique hotel and part of The Unbound Collection by Hyatt brand, known for experiences that inspire guests to create their own stories and elevated yet unscripted service, Mar Monte welcomes guests back to all new guest rooms, and programming that reflects the distinct rhythm of the California coast. The 200-room hotel serves as a gateway to the American Riviera and is situated across the street from East Beach, just minutes from downtown Santa Barbara and the famed Funk Zone.
JW Marriott Nashville, Nashville's first true luxury hotel brand, today announced the appointment of Fabrizio Calvo as the General Manager. The 20-year veteran of the industry is joining the property as it leads the revival of the Nashville tourism market with its blend of luxury accommodations, great food and beverage, and central location. Calvo will oversee the day-to-day operations of the property including all aspects of the visitor experience, as well as staff management and deployment. Calvo will also be involved in strategic planning, budgeting, and sales and marketing for the property.
Peachtree Hotel Group ("Peachtree") announced the grand opening of its newest hotels, the dual-flag Hilton Garden Inn Orlando Downtown and Home2 Suites by Hilton Orlando Downtown. The property is located in Orlando's downtown central business district across from the Orange County Courthouse and close to all major downtown attractions: Amway Center, Camping World Stadium and Exploria Stadium.
Kimpton Hotel Fontenot had their ribbon cutting celebration for the new hotel located at 501 Tchoupitoulas Street in New Orleans' Central Business District. And we wanted to pass along some images from the event, in case you'd like to use them with coverage.
LNW Hospitality and New Castle Hotels & Resorts, the team that developed the successful Westin Jekyll Island and Hampton Inn & Suites Jekyll Island, today opened the 209-room oceanfront Residence Inn/Courtyard by Marriott at 178 S. Beachview Dr. on Georgia's famed Jekyll Island.
Graduates from the classes of 2020 and 2021 from Morehouse School of Medicine received more than their degrees when they walked across the stage at the 37th Commencement Exercises on May 15. With a shared focus on celebrating the diversity of their workforces, travelers, guests, and communities, American Airlines and Hyatt are coming together to provide MSM graduates with complimentary Executive Platinum elite status in the American Airlines AAdvantage® loyalty program and Globalist elite status in Hyatt’s World of Hyatt loyalty program for one year.
The Clift Royal Sonesta Hotel has several exciting reasons to welcome guests anew as it reopened. Celebrating a storied past, the recently completed renovation incorporates excellently updated guest rooms, a chic, modern lobby and a nod to a buoyant San Francisco emerging post COVID-19. As a hotel that was originally designed for splendor, the all-new Clift Royal Sonesta has adapted to the new age in which it will be operating.
Boosted by the Friday and Saturday of Memorial Day weekend, U.S. weekly hotel occupancy reached its highest level since late-February 2020, according to STR‘s latest data through 29 May.
The Opus, Westchester, an Autograph Collection Hotel debuted April 15th with its newly appointed General Manager, luxury hospitality veteran Elizabeth Andrews, at the helm. In her new role, the former modern dancer turned hotel operator will oversee all aspects of the new luxe, artistically forward urban retreat and its daily operations including the 146 guestrooms and 38 luxury suites, food and beverage offerings, immersive programming, indoor rooftop pool and 10,000 square feet of meeting space. Andrews will also have a key role in the training, learning and development of The Opus team.
PebbleBrook Hotel Trust (PEB) is pleased to announce the appointment of Laurayne Croke to Complex Director of Sales & Marketing for the Southernmost Beach Resort and The Marker Key West Harbor Resort, both located in Key West, FL. In this role, Croke will be responsible for all sales and marketing efforts in addition to managing all public relations and social media efforts. Both resorts are managed by Highgate.
106 Jefferson, a Curio Collection hotel by Hilton, managed by Valor Hospitality Partners announced today the appointment of Mary Beth Lewis as director of sales and marketing.
106 Jefferson, a Curio Collection hotel by Hilton, managed by Valor Hospitality Partners announced today the appointment of Hugo Reyes Duran as general manager.
HRI Lodging, LLC, a leading third-party management company, will assume management of the Aloft Santa Clara in San Jose, California.
From the very beginning of Airbnb, hosting has provided not only a means for our global community of guests to travel and experience new destinations, but also an economic opportunity for the people who live in those destinations, especially in the wake of the hardship caused by the COVID-19 pandemic.
Hyatt Regency La Jolla at Aventine announces today the completion of its property-wide, multiphase $10 million dollar renovation. Debuting a fresh, elevated design inspired by the surrounding locale, the celebrated San Diego property introduces a remodeled exterior and interior with a transformed lobby, social and event spaces.