Global Hospitality Report (March 30, 2015)

Proliferation of Serviced Apartments, Nairobi, Kenya 
By Tim Smith

This article provides an overview of the serviced apartment segment of lodging in Nairobi, which HVS has been actively examining since 2011.

Let's Talk About Cost Controls 
By Kirby Payne

A hotel manager's most important tasks are making money for the owner and maintaining the asset. Satisfied guests and motivated employees are among the tools, but cost controls are also critical components of the formula.

Three Sessions to Watch Out For at the Hotel Investment Conference – South Asia (HICSA) | April 7-8, 2015 

One of the major highlights at HICSA this year, the ‘Global CEO Panel’ will showcase prominent industry leaders at the helm of some of the most respectable global organizations, including Arne M Sorenson, President & CEO, Marriott International; Gerald Lawless, President & Group CEO, Jumeirah Group; Rakesh Sarna, Managing Director & CEO, Taj Group and Thomas P Heneghan, Chief Executive Officer, Equity International, share their thoughts and future vision. ‘The Billion Dollar Roadmap: Savour, Spend or Splurge’ promises to be another exciting session that will see some of the most prominent names in the industry formulating and presenting their own strategic plans on how they would spend a billion US Dollars in the region’s hotel industry. Watch these industry experts discuss, debate, explore and challenge the how's and why's of where investments fetch the best returns and the risks associated with the same. Yet another session not to be missed is the ‘Judgment Day’, which will see the conventional hot topic at HICSA – ‘Management Contracts’, take an unusual twist, as three owners and three brand representatives face it off in a courtroom set-up with two renowned lawyers presenting cases from either side, making it an atypical yet thoroughly interesting forum.

Leading Developers and Brokers Announced as Speakers at HVS Central Florida Hotel Market Review | May 7, 2015 

The first annual Central Florida Hotel Market Review (CFHMR), scheduled for Thursday, May 7, will feature an impressive group of key industry executives active in today’s hospitality development scene in the Greater Orlando area.

Hotel Nikko Tokyo to be Rebranded as Hilton Tokyo Odaiba 

Hilton Worldwide announced the signing of a management agreement with Tokyo Humania Enterprise Inc. to rebrand Hotel Nikko Tokyo and manage the hotel as Hilton Tokyo Odaiba. On October 1, 2015, the property will be converted and unveiled as a new Hilton hotel, joining Hilton Worldwide’s existing portfolio of 11 hotels in Japan, including operating hotels and those in the pipeline, and expanding the global hospitality brand’s footprint in the country. The 15-storey Hilton Tokyo Odaiba will offer 453 guest rooms and suites, each with a private balcony that offers beautiful panoramic views of Tokyo Bay and the famous Rainbow Bridge. The hotel offers 10 food and beverage outlets including an all-day dining restaurant, a bar and eight specialty restaurants. Hilton Tokyo Odaiba has meetings and events facilities, including a ballroom spanning 1,200 square meters, a business center and two wedding chapels. The hotel also features a fitness club, a spa and an indoor pool. Hilton Tokyo Odaiba will become Hilton Worldwide’s sixth property in the Kanto area.

New Lifestyle Brand Planned for the UK  

A total of £100 million is to be invested in renovating and expanding a group of Starwood Capital Group-owned hotels across the UK in order to create a new chain of urban, lifestyle hotels. The hotels, which were all acquired by the US-based group over the last two years, are the 373-room Hotel Russell in London, the 167-room Royal York Hotel in York, the 100-room Blythswood Square and 230-room Grand Central in Glasgow, and the 49-room Bonham, the 249-room George and the 199-room Roxburgh, all in Edinburgh. Work has already begun on the George and the Royal York hotels, and renovations will start at the other properties later this year. The currently unnamed new brand is expected to be launched in 2016.


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