Marriott International Breaks Ground On Future Downtown Bethesda Headquarters

Marriott International Breaks Ground On Future Downtown Bethesda Headquarters

The Bernstein Companies and its joint venture partner Boston Properties marked a significant milestone yesterday as they broke ground on the future Marriott International headquarters and Marriott Hotel in downtown Bethesda, Maryland. The Bernstein Companies and its joint venture partner Boston Properties marked a significant milestone yesterday as they broke ground on the future Marriott International headquarters and Marriott Hotel in downtown Bethesda, Maryland. J.W. Marriott Jr., Executive Chairman and Chairman of the Board of Marriott International, opened the ceremony by welcoming Maryland Governor Larry Hogan, Montgomery County Executive Isiah Leggett and other public and private dignitaries to celebrate the Read more »

European Hotel Industry Reports Increases Across All Performance Metrics for April 2018

European Hotel Industry Reports Increases Across All Performance Metrics for April 2018

Italy occupancy reaches all-time high for April – Switzerland posts lowest April ADR on record – Poland performance comparisons positive due to Easter calendar shift Europe’s hotel industry reported increases across the three key performance metrics during April 2018, according to data from STR. Euro constant currency, April 2018 vs. April 2017 Europe • Occupancy: +1.5% to 73.2% • Average daily rate (ADR): +2.9% to EUR108.03 • Revenue per available room (RevPAR): +4.4% to EUR79.13 Local currency, April 2018 vs. April 2017 Italy • Occupancy: +1.1% to 72.9% • ADR: +1.6% to EUR149.96 • RevPAR: +2.8% to EUR109.32 STR analysts Read more »

376 Key Best Western Premier Cam Ranh Seahorse Beach Resort Announce

376 Key Best Western Premier Cam Ranh Seahorse Beach Resort Announce

Best Western Hotels & Resorts has accelerated its expansion plans in Vietnam with the signing of an upscale beach resort in Cam Ranh. Best Western Premier Cam Ranh Seahorse Beach Resort will be nestled on an idyllic stretch of golden sand on Vietnam’s south-central coast, overlooking the azure East Sea. Ideal for all types of travelers, from families seeking a beachfront vacation to corporate groups planning memorable meetings, this world-class resort, residence and convention center will be located just five minutes from Cam Ranh International Airport and 20 minutes from the popular resort town of Nha Trang. The signing ceremony Read more »