by Alissa Ponchione | Sep 5, 2013 | News
André Balazs has sold a majority interest in the Standard hotel brand. 

 Under the terms of the private placement, Balazs will remain as active chairman and a significant shareholder, and he will continue to serve in an...
by Alissa Ponchione | Sep 5, 2013 | News
Michael Gross has stepped down from his position as CEO of Morgans Hotel Group Co. Jason Kalisman, the company’s chairman of the board of directors, has been named CEO on an interim basis. Since March 2011, Kalisman has been one of the company’s...
by Alissa Ponchione | Sep 5, 2013 | News
In the September edition of Hotel Horizons, a quarterly industry report, PKF Hospitality Research, LLC predicted continued strong performance within the U.S. lodging industry. “It is very rare for us to say we have no concerns about the near-term...
by Alissa Ponchione | Sep 4, 2013 | News
Four Seasons Hotels and Resorts is set to debut in South Korea with the Four Seasons Hotel Seoul. Currently under construction, the hotel is projected to open in May 2015. Singapore-based LTW, New York-based AvroKO, and Hong Kong-based AFSO are finalizing designs in...
by Alissa Ponchione | Sep 4, 2013 | News
INDEX: Designs to Improve Life has selected the winners of its 2013 design awards. Worth $777,150, the award is given only to designs that improve people’s lives and wellbeing.The winners of INDEX: Award 2013 have been selected by a professional, international...