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American Hotel Income Properties REIT's (AHOTF) CEO Robert O'Neill on Q3 2016 Results - Earnings ...

Edit Seeking Alpha 10 Nov 2016
American Hotel Income Properties REIT LP (OTC.AHOTF) Q3 2016 Earnings Conference Call November 9, 2016 4.00 PM ET ... Welcome to American Hotel Income Properties REIT LP’s Third Quarter 2016 Financial Results Conference Call ... states to end the third quarter at 80 hotels, totaling 7,119 guestrooms, 35 branded hotels totaling 3,330 guestrooms and 45 Rail Hotels, Oak Tree Inns, totaling 3,789 guestrooms ... hotel industry ... hotel industry....

Have money but can't spend, tourists stumped by cash googly

Edit The Times of India 10 Nov 2016
But how do we make the payment to our hotel is what I cannot fathom," said Lakhi Talukdar, who is also worrying about how she will undertake the return journey . With only top hotels and restaurants in the town accepting plastic money , most tourists are in a quandary . Hotels too are unable to fathom what to do ... We are hoping banks will exchange the money when they reopen," said Kamal Banerjee, manager of hotel Sonar Bangla....

Designs revealed for $300m 'Sandstones' Hotel (NSW Department of Finance and Services)

Edit Public Technologies 10 Nov 2016
Sydney's landmark Lands and Education buildings on Bridge Street - known as 'The Sandstones' - are one step closer to being transformed into a world-class hotel, featuring grandly proportioned suites and rooms, retail, dining, gardens and rooftop lounges ... More than 250 hotel rooms and suites are included in the plans for the two buildings....

Jet Luxury at Vdara Condo Hotel in Vegas from $85 per night w/code GETAWAY18

Edit CNET 10 Nov 2016
CheapTickets via goSeek offers 3-Night Stays at Jet Luxury at the Vdara Condo Hotel in Las Vegas, NV, with prices starting from $255.84 via coupon code "GETAWAY18" ... Additional fees and blackout dates may apply. This 5-star hotel near Fashion Show Mall has an Expedia rating of 84% based on 147 reviews, and TripAdvisor ranks it #9 out of 267 hotels in Las Vegas ... ....

DiamondRock Hospitality's (DRH) CEO Mark Brugger on Q3 2016 Results - Earnings Call Transcript

Edit Seeking Alpha 10 Nov 2016
In fact in the third quarter, hotel demand and supply growth hit a point of equilibrium both at 1.6% ... These strong results were the product of our asset management initiatives at the hotels strategically take groups with a stronger bakery contribution, and an intense focus on controlling food and liquor cost ... The hotel continues to ramp up from its re-branding and renovation to a luxury collection brand....

‘India needs at least 500 culinary schools’

Edit The Hindu 10 Nov 2016
Manjit Singh Gill, president of the Indian Federation of Culinary Associations (IFCA) and senior corporate chef, ITC Hotels, said on Wednesday that the country needs at least 500 schools imparting quality education in the culinary arts ... of any hotel management school or institute before joining it....

Hawaii's Outrigger Hotels being sold to investment firm

Edit Omaha World-Herald 10 Nov 2016
HONOLULU (AP) — A Hawaii-based family-owned hotel chain, Outrigger Hotels and Resorts, will be sold to a Denver-based private equity investment firm, a spokeswoman for Outrigger said Wednesday ... ....

Silicon Valley city bumps up hotel tax

Edit Business Journal 10 Nov 2016
The cost of a hotel stay in Los Gatos is going up a tick. On Tuesday night, more than 80 percent of voters in the wealthy community approved Measure T, which raises the city's Transit Occupancy Tax from 10 to 12 percent. The increase in the hotel tax, which is based off of room rates, will generate an additional $350,000 to $400,000 in general fund revenue each year, according to city estimates ... The… ... ....

Confusion rules day one of demonetisation

Edit The Hindu 10 Nov 2016
Apart from triggering discussions in the streets over its pros and cons, the union government’s decision to demonetise Rs. 500 and Rs ... An employee from a hotel in K.K ... “Tourists, particularly from foreign countries, staying in the hotel panicked as they did not have cash to eat,” he added. Another person running a small hotel, said that his employees demanded their daily salary be paid in Rs. 100 denomination currencies....

Business transactions hit

Edit The Hindu 10 Nov 2016
500 and Rs. 1,000 notes from circulation ... Devaraj Urs Road ... 500 and Rs ... Mr ... Hotels too complained of a dip in business ... But, were accepting the high denomination notes only from customers whose bill was in excess of Rs 300,” said an employee of a hotel in Lakshmipuram. Mr Kundar, who runs a hotel near Shivarampet in the City, said their business too came down as they refused to serve customers with only high denomination notes ... ....

Space capsules offer cheap HK housing

Edit China Daily 10 Nov 2016
Hong Kong is widely known for its high rents and tiny homes ... We do everything for you.". A pre-sales consultant from Micane Technology told China Daily that it mainly sells capsule pods to mainland hotels, with each pod starting from 2,990 yuan ($446). As it's relatively cheap to invest in a hotel in the mainland, the landlords can generally break even in one year ... As early as 2012, a capsule hotel was about to open in the same district....

Wads of notes in wallet, but foreigners go hungry, fail to get medical help

Edit The Times of India 10 Nov 2016
KOLKATA. Foreigners on Sudder Street and Free School Street faced a curious problem as they walked out of their hotels to have breakfast ... "They can give us credit for a day ... But Davina Lilley was lucky she watched news on Tuesday night in her room at Fairlawn Hotel ... We are lucky our hotel has a good restaurant and room service and we do not have to pay for food immediately ," said the social worker from London who works for the homeless....

Kolhapur district hoteliers cooperate with tourists

Edit The Times of India 10 Nov 2016
KOLHAPUR. The Kolhapur district hotel owner organisation lends a helping hand to the tourists from others districts and state until the problem of currency is not solved. Kolhapur is a major tourist destination in western Maharashtra ... Therefore, the noble step taken by the hotel owners to cooperate with the tourists will help them a lot ... RELATED. From around the web....
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