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Travel Franchise Industry News & Announcements

Franchising.com brings you the latest in Travel franchising news from around the web. As one of the most trusted news sources for the Travel franchise industry, Franchising.com streams hundreds of the latest news directly to your desktop.

Diplomat Resort & Spa Hollywood Launches New Era »

October 31, 2014 at 9:54AM PDT | Source: Hilton Worldwide

Thayer Lodging Group's 998-Room Iconic Resort Joins Curio – A Collection by Hilton
HOLLYWOOD, Fl. – Oct. 31, 2014 – The historic Diplomat Resort & Spa Hollywood, along with its 900-plus employees, joined Curio – A Collection by Hilton.
South Florida's premier beachfront resort and convention center, the Diplomat Resort was acquired last month by Thayer Lodging Group ("Thayer"), a Brookfield Company, and its institutional partners. The resort encompasses 998 rooms and suites, numerous restaurants and a spa, along with more than 200,000 square feet of meeting and convention space. Thayer previously announced the property would undergo a $100 million enhancement initiative to begin later this year.
The transition was marked with a ceremony attended by Diplomat, Thayer, Curio and Hilton Worldwide leaders, along with resort employees, city officials and South Florida influencers...

Wyndham Hotel Group Opens First Ramada Hotel In Guatemala »

October 31, 2014 at 7:06AM PDT | Source: Wyndham Worldwide

October 31, 2014 // Franchising.com // PARSIPPANY, NJ - Wyndham Hotel Group, the world’s largest hotel company with approximately 7,590 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the opening of the Ramada Tikal Isla de Flores, the brand’s first property in Guatemala.
Ramada Tikal Isla de FloresThe launch of this full-service hotel, which features pools, a bar and restaurant and which is conveniently located near Lake Petén Itzá, coincides with a significant milestone for the Ramada® brand – its 60th anniversary.
Part of a two-year development agreement with Ivers Trade, Inc. to bring four Ramada® properties to Guatemala, the newly constructed property plays a key role in Wyndham Hotel Group’s strategy to grow the Ramada brand throughout Latin America...

Wyndham Hotels And Resorts Makes Travel More Rewarding »

October 30, 2014 at 9:59AM PDT | Source: Wyndham Worldwide

Loyal guests can earn up to 10,000 Wyndham Rewards bonus points for upcoming stays.
October 30, 2014 // Franchising.com // PARSIPPANY, N.J. – To provide its most loyal guests with a more rewarding travel experience, the upscale Wyndham Hotels and Resorts® brand is giving guests the opportunity to earn up to 10,000 Wyndham Rewards® bonus points when they book and complete their upcoming stays.
Wyndham Hotels and Resorts Makes Travel More RewardingNow through January 13, 2015, Wyndham Rewards loyalty program members who book and complete a qualified stay of two or more nights at any participating Wyndham hotel can earn 1,000 Wyndham Rewards bonus points per night for up to 10 nights, earning up to 10,000 bonus points per stay...

Value Place Opens New Hotel In Dayton, Ohio »

October 30, 2014 at 9:32AM PDT | Source: Value Place

October 30, 2014 // Franchising.com // Dayton, OH - Value Place, the nation's largest economy extended-stay hotel brand, has announced the grand opening of a newly constructed hotel in Dayton, Ohio, located at 3787 Summit Glen Drive, at the intersection of Interstate 75 and Miamisburg Road. This will bring the brand's hotel count to 11 in Ohio, joining Value Place hotels in Cincinnati, Columbus, Akron, and Cleveland. This hotel opened to the public effective October 29, 2014.
"Value Place is expanding rapidly across the country as demand for economy extended-stay hotels is steadily increasing," said Kyle Rogg, President and Chief Operating Officer at Value Place. "This demand is especially strong in Dayton, where the population is continuing to grow and business professionals are traveling to the area to service the region's robust manufacturing sector...

Wyndham Hotel Group Appoints Mark Kukulski To Lead Hotel Management Company »

October 30, 2014 at 9:28AM PDT | Source: Wyndham Worldwide

October 30, 2014 // Franchising.com // PARSIPPANY, N.J. – Wyndham Hotel Group, the world's largest hotel company with approximately 7,590 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the appointment of Mark Kukulski as president of its management division, Wyndham Hotel Group Management.
Mark Kukulski, Wyndham Hotel Group ManagementIn this role, effective November 11, Kukulski will be responsible for the consistent execution of all hotel operations for the company's 46 domestic managed properties, including financial management, sales and marketing, guest satisfaction, associate and owner relations and compliance with quality standards. He will be based in Wyndham Hotel Group's Parsippany, N.J., offices...

The Luxury Collection Hotels & Resorts Celebrates Spice With Chefs From Around The World In New Assouline Book, Epicurean Journeys »

October 30, 2014 at 7:20AM PDT | Source: Luxury Collection Hotels & Resorts

Available for Holiday 2014, the Limited Edition Book will Retail with a Set of Custom Spices, Created by Lior Lev Sercarz and Inspired by Famed Global Explorers
NEW YORK - October 30, 2014 - (BUSINESS WIRE) - The Luxury Collection Hotels & Resorts, part of Starwood Hotels & Resorts, Inc. (NYSE:HOT), unveils its latest collaboration with Assouline: Epicurean Journeys, a hardcover collection of original recipes by renowned chefs, including: Chef Jose Andres, Geoffrey Zakarian, Stephanie Le Quellec, Daniele Turco, Manjit Gill and more. Available for Holiday 2014, the limited edition book will retail with set of five exclusive spices created by Lior Lev Sercarz, owner of La Boîte in New York City, and inspired by the brand's destinations around the world...

Starwood Hotels & Resorts Continues Expansion In Thailand With The Signing Of Sheraton Phuket Kalim Beach Resort »

October 30, 2014 at 4:56AM PDT | Source: Sheraton Hotels

Scheduled to Open in Early 2018, Sheraton Phuket Kalim Beach Resort Will Mark the Re-Entry of the Sheraton Brand into Thailand's Largest Island
PHUKET, Thailand - October 28, 2014 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced its global powerhouse Sheraton® brand will re-enter Phuket, Thailand's largest island, with the signing of Sheraton Phuket Kalim Beach Resort. Scheduled to open in early 2018, the agreement with Phuket Advance Development Ltd follows closely behind the recent announcement of the debut of the W® Hotels brand in Phang Nga Bay, representing Starwood Hotels' growing presence in the region.
"We are committed to growing Starwood's brands in Thailand and, as one of the kingdom's most popular resort destinations, we are excited to reintroduce the Sheraton brand in Phuket," said Lothar Pehl, Senior Vice President, Operations and Global Initiatives and Regional Vice President, Thailand, Cambodia and Vietnam; and Japan, Korea and Guam...

First Hyatt Place Hotel Opens In Panama »

October 30, 2014 at 4:36AM PDT | Source: Hyatt Place

Hyatt Debuts in Panama with Hyatt Place Panama City/Downtown
October 30, 2014 // Franchising.com // CHICAGO – Hyatt Hotels Corporation (NYSE: H) and Immobiliare Real Estate Development Group announced the opening of Hyatt Place Panama City/Downtown in Panama City, Panama. The hotel’s opening marks the first Hyatt-branded hotel to enter the Panamanian market and the continued expansion of the Hyatt Place brand throughout Latin America.
"We are delighted with the opening of Hyatt Place Panama City/Downtown because not only does it represent the first Hyatt-branded hotel in Panama, it marks the continued growth and development of the Hyatt Place brand," said Myles McGourty, vice president, Latin America and the Caribbean for Hyatt...

Hyatt Reports Third Quarter 2014 Results »

October 29, 2014 at 10:00AM PDT | Source: Hyatt Hotels & Resorts

October 29, 2014 // Franchising.com // CHICAGO - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported third quarter 2014 financial results as follows:

Adjusted EBITDA was $179 million in the third quarter of 2014 compared to $159 million in the third quarter of 2013, an increase of 12.6%.
Adjusted for special items, net income attributable to Hyatt was $30 million, or $0.20 per share, during the third quarter of 2014 compared to net income attributable to Hyatt of $36 million, or $0.23 per share, during the third quarter of 2013.
Net income attributable to Hyatt was $32 million, or $0.21 per share, during the third quarter of 2014 compared to net income attributable to Hyatt of $55 million, or $0...

Starwood Hotels & Resorts' Stylish Aloft Brand Opens In Liverpool Bringing A New Beat To The Heart Of The City »

October 29, 2014 at 4:25AM PDT | Source: aloft hotels

Aloft Liverpool brings cutting-edge design to one of Liverpool's most beautiful historical buildings.
LIVERPOOL, United Kingdom - October 29, 2014 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc.® (NYSE:HOT) today announced the opening of Aloft Liverpool, the second Aloft hotel in the UK. Set in the 110-year old Royal Insurance Building, Aloft Liverpool is an adaptive reuse project that is breathing new life into this historic building. Delivering urban-influenced design and an energetic guest experience at an affordable price point, Aloft Liverpool will feature 116 loft-like guest rooms and Aloft Hotel's signature W XYZ® bar, a buzzing social space where guests can mix and mingle, work or grab a drink with friends...

InterContinental® Hotels & Resorts Named North America's Leading Hotel Brand By The World Travel Awards »

October 28, 2014 at 11:46AM PDT | Source: InterContinental Hotels Group

October 28, 2014 // Franchising.com // ATLANTA – InterContinental Hotels & Resorts, the global luxury brand of parent company InterContinental Hotels Group (IHG), has been named as "North America's Leading Hotel Brand" for the first time by the World Travel Awards (WTA). The WTA is one of the most prestigious award programs in the travel industry, and it celebrates organizations within the tourism sector that are pushing the boundaries of industry excellence. The InterContinental brand earned this recognition for its adherence to superior standards of quality and service at its hotels in the United States and Canada.
Simon Scoot, vice president, Global Brand Leader, InterContinental Hotels & Resorts, IHG commented: "We are proud that our InterContinental hotel brand is known as a leader in the North American hospitality industry...

Holiday Inn® Brand And HLN Collaborate On New Television Series Growing America: A Journey To Success »

October 28, 2014 at 11:36AM PDT | Source: Holiday Inn

Series Follows Three MBAxAmerica Teams as They Embark on Extraordinary Journeys
October 28, 2014 // Franchising.com // ATLANTA – The iconic Holiday Inn® brand, part of InterContinental Hotels Group (IHG), and HLN (a Turner Broadcasting network), today announced the production of the six-episode original series, Growing America: A Journey to Success, premiering on Sunday, November 16th at 9:00 pm EST on HLN. Hosted by Ty Pennington, (known for Trading Spaces, Extreme Makeover: Home Edition, On The Menu), the documentary series follows teams of MBA students from the MBAs Across America (MBAxAmerica) program, who are given one week to use their expertise to transform businesses and positively affect communities in cities across the U...

Hilton Worldwide’s DoubleTree By Hilton Brand Sails Into Venice »

October 28, 2014 at 9:35AM PDT | Source: Doubletree Hotels, Suites, Resorts

203 Guestroom Hotel to Open in November 2014
October 28, 2014 // Franchising.com // VENICE, Italy and MCLEAN, Va. - Hilton Worldwide has reached an agreement to convert a 203-guestroom hotel in the greater Venice region under its upscale DoubleTree by Hilton brand. Upon completion of the conversion in November this year, the hotel will be known as DoubleTree by Hilton Venice North, and join three DoubleTree by Hilton hotels operating in the Italian market. The hotel will operate under a franchise agreement with owner DHotels.
Patrick Fitzgibbon, senior vice president, development, Europe & Africa, Hilton Worldwide, said, "The enduring appeal of Venice as an international leisure destination makes this hotel an exciting addition to our burgeoning portfolio in Italy...

Microtel Inn & Suites By Wyndham Offers 20 Percent Off Suites »

October 28, 2014 at 7:28AM PDT | Source: Microtel Inns & Suites

New Promotion Celebrates Second Consecutive, Highest in Segment, J.D. Power Ranking
October 28, 2014 // Franchising.com // PARSIPPANY, N.J. – In celebration of its recent J.D. Power ranking as "Highest in Guest Satisfaction among Economy/Budget Hotel Chains," the Microtel Inn & Suites by Wyndham® hotel brand is showing its appreciation to travelers nationwide with the launch of a new "Thanks 2 You" promotion, offering 20 percent off suites at participating hotels.
Microtel Inn & Suites by WyndhamThis latest award marks the second consecutive year that the brand has ranked highest in its segment in J.D. Powers’ North America Hotel Guest Satisfaction Index StudySM.
"Achieving this ranking for a second consecutive year is a tremendous honor for our brand," said Patrick Breen, brand senior vice president for Microtel Inn & Suites by Wyndham...

Starwood Reports Third Quarter 2014 Results »

October 28, 2014 at 5:49AM PDT | Source: Starwood Hotels & Resorts

STAMFORD, Conn. - October 28, 2014 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today reported third quarter 2014 financial results.
Third Quarter 2014 Highlights

Excluding special items, EPS from continuing operations was $0.66. Including special items, EPS from continuing operations was $0.59.
Adjusted EBITDA was $298 million.
Excluding special items, income from continuing operations was $121 million. Including special items, income from continuing operations was $109 million.
Worldwide Systemwide REVPAR for Same-Store Hotels increased 7.4% in constant dollars (7.5% in actual dollars) compared to 2013. Systemwide REVPAR for Same-Store Hotels in North America increased 9...

DoubleTree By Hilton Debuts New Philadelphia Airport Hotel  »

October 27, 2014 at 9:26AM PDT | Source: Doubletree Hotels, Suites, Resorts

Following $3 Million Property-Wide Renovations; DoubleTree by Hilton Philadelphia Airport Offers Modern Comforts and Convenient Access to City’s Business and Leisure Attractions
October 27, 2014 // Franchising.com // PHILADELPHIA, Pa. and MCLEAN, Va. – DoubleTree by Hilton and Hilton Worldwide today announced the opening of DoubleTree by Hilton Philadelphia Airport, located adjacent to the Philadelphia International Airport, just off Interstate 95 and only six miles from the heart of historic Philadelphia. Formerly a Hilton hotel, the nine-story, 331 room property remains within the Hilton Worldwide portfolio of hotels as it joins the DoubleTree by Hilton brand following a dramatic $3 million property-wide renovation that includes modern updates throughout the hotel’s lobby, guest rooms, restaurant and bar areas, and banquet and meetings areas...

Wyndham Rewards Offers Members Chance At Dream Hawaiian Getaway »

October 27, 2014 at 8:42AM PDT | Source: Wyndham Worldwide

Adds Hawaiian Airlines as Newest Earning and Redemption Partner
October 27, 2014 // Franchising.com // PARSIPPANY, N.J. – Wyndham Rewards®, the only hotel loyalty program to offer guaranteed rewards after just one qualified stay, is offering members the chance to win a five-night Hawaiian getaway, in celebration of the loyalty program’s newest earning and redemption partner, Hawaiian Airlines.
Available to all Wyndham Rewards members who are legal residents of the U.S., the "Wyndham Rewards Hawaiian Getaway Sweepstakes" runs through December 27, 2014 and one lucky winner, to be randomly chosen from all eligible entries, will win two round trip airline tickets, courtesy of Hawaiian Airlines, and a five-night stay at the Koloa Landing at Poipu Beach Wyndham Grand Resort in Koloa, Hawaii...

Hyatt Regency Houston Galleria To Open In 2015 »

October 27, 2014 at 7:51AM PDT | Source: Hyatt Hotels & Resorts

CHICAGO - October 27, 2014 - (BUSINESS WIRE) - Hyatt Hotels Corporation (NYSE:H) today announced that a Hyatt affiliate has entered into a franchise agreement with Songy HighRoads, a commercial real estate development firm based in Atlanta, Ga., to develop Hyatt Regency Houston Galleria. The hotel will be managed by Aimbridge Hospitality and is scheduled to open in fall 2015.
"The Galleria area is one of Houston's most important commercial sub-markets, and we are delighted to be bringing the Hyatt Regency brand, in tandem with Aimbridge Hospitality as our hotel manager, to business and leisure travelers visiting the area."
Hyatt Regency Houston Galleria is being built near the Houston Galleria shopping mall at 2626 Sage Road, on the northwest corner of Sage Road and West Alabama Street...

Wyndham Worldwide Reports Third Quarter 2014 Earnings »

October 24, 2014 at 9:41AM PDT | Source: Wyndham Worldwide

Adjusted Diluted EPS Growth of 18%Additional One Billion Dollar Share Repurchase Authorization
PARSIPPANY, N.J. - Oct. 24, 2014 /PRNewswire/ - Wyndham Worldwide Corporation (NYSE:WYN) today announced results for the three months ended September 30, 2014.
Third Quarter Highlights

Adjusted diluted earnings per share (EPS) was $1.67, an increase of 18% from adjusted diluted EPS of $1.41 in the third quarter of 2013.  Reported diluted EPS was $1.64, compared with $1.40 in the third quarter of 2013.
Revenues increased 6% compared with the third quarter of 2013.
Adjusted EBITDA increased 11% compared with the third quarter of 2013.
The Company repurchased 2.0 million shares of its common stock for $161 million during the quarter...

Choice Hotels International Reports A 9% Increase In Third Quarter Domestic RevPAR And Royalties »

October 24, 2014 at 9:05AM PDT | Source: Choice Hotels

Company Raises Full-Year OutlookThird Quarter Franchising EBITDA Increases 8%
ROCKVILLE, Md., Oct. 24, 2014 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) today reported the following highlights for the third quarter of 20141:

Franchising revenues for the three months ended September 30, 2014 totaled $99.4 million, an increase of 8 percent from the same period of 2013.
Earnings before interest, taxes, depreciation and amortization ("EBITDA") from franchising activities for the three months ended September 30, 2014 totaled $74 million, an increase of 8 percent from the same period of 2013. 
Franchising margins for the three months ended September 30, 2014 were 72...



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