Page 20 - Interstate Hotels News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It has been confirmed that Interstate Hotels will be managing the hotel for the next 10 years. Work is also said to be continuing on the retail and office aspects of the major redevelopment scheme, which has a price tag of £12 million. Along with Garrison Barclay, the project has been part funded by the Welsh Government and Coutts Bank. Currently, the work is being carried out by a small team, and no concrete opening date has been put on the hotel aspect of the development. But Garrison Barclay’s spokeswoman revealed that the hotel could potentially be ready as soon as October, p...

• Completion of the previously announced acquisition of the 129-guestroom Homewood Suites by Hilton Aliso Viejo-Laguna Beach; • Acquisition of the 152-guestroom Hyatt Place Phoenix-Mesa; • Sale of the 150-guestroom Hyatt Place Atlanta Airport North; and • Receipt of proceeds from Hospitality Investors Trust, Inc. for the repayment of a $27.5 million loan. “We are thrilled with our ability to source unique acquisitions and the continued success of our capital recycling program,” said Chairman, President and Chief Executive Officer, Daniel P. Hansen. “In addition to the increa...

/PRNewswire/ -- Aimbridge Hospitality, a leading, multinational hospitality company, will assume ownership of Grupo Hotelero Prisma, the largest third-party...

Neil Grammer is a consultant for Strategic Solution Partners, CPA, and is the Executive Managing Member of Grammer & Associates, which provides accounting, audit, and advisory services to hospitality, healthcare and not- for-profit organizations.

By May 18, 2021 Remington Hotels manages the 226-room Le Pavillon Hotel in New Orleans for owner Ashford Hospitality Trust. Photo credit: Remington Hotels (Remington Hotels) Sloan Dean’s career has been all about playing the long game, although his version of the long game has taken much less time than most people’s. The president and CEO of Remington Hotels may be young—he’s 39—but he’s already acquired more experience than many people do in an entire career. “I’ve always tried to be very, very intentional. I’ve worked for large corporations, I’ve worked for private organ...