by Alissa Ponchione | Feb 6, 2014 | News
Lodging Econometrics (LE) reports that the hotel industry reached an investment of $21.8 billion in 2013, the highest level since 2009. Last year, 1,171 hotels were sold or transferred, a decrease of 19 percent year-over-year. Average selling price per room was...
by Alissa Ponchione | Feb 6, 2014 | News
Meliá Hotels International has signed an agreement to manage three new hotels in the Saidia Med region of Morocco. The properties include: A 396-room beach hotel featuring a spa, four restaurants, three bars, convention center, and beach club, slated to open in...
by Alissa Ponchione | Feb 6, 2014 | News
Farm-to-table salad shop Sweetgreen will open its third New York City location this summer in Brooklyn’s Williamsburg neighborhood. Designed by Leong Leong, the restaurant will feature green elements such as furniture made from reclaimed materials and LED light...
by Alissa Ponchione | Feb 5, 2014 | News
Outdoor furniture manufacturers Gloster and Dedon have teamed up to form a new company called DK Furniture Brands. Design, sales, and management structures will remain unchanged within the new partnership, which is headquartered in Zurich. Founded in 1990 by Bobby...
by Alissa Ponchione | Feb 5, 2014 | News
The Beverly Hills Hotel has introduced the first of its refurbished guestrooms and suites, designed by Adam D. Tihany as part of an overall restoration to the landmark property. Slated for full completion by year’s end, the 135 guestrooms and suites will be a...