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  • Cooperation can boost Myanmars tourism

    tourism said. "We have regulated our foreign investment law, which is very user-friendly to international investors," U Htay Aung, minister of hotels and tourism, told China Daily. Singapore and Thailand now top the list of foreign investors in Myanmar's tourism ...

  • Torture tourism is reminder of cruelty through ages

    You may think that the endless security lines at the airport are torturous - but they are child’s play compared with what heretics and criminals faced in the Middle Ages. Medieval torture was used both to extract confessions and to punish the convicted before execution. Torturers had a huge tool kit with which to practice their bleak black art. Nowadays, ridiculous torture exhibits are ...

  • In Transit Blog Advice to Visit Turkey Cautiously

    Turkey over the future of an Istanbul park may have given some travelers pause about going to the country this summer.But James Bainbridge, an author of "Lonely Planet Turkey," said last week that tourists need not cancel their trips, no matter the resolution of the dispute between Prime Minister Recep Tayyip Erdogan, who has overseen plans to convert Gezi Park, in Taksim Square, into ...

  • Ashford Hospitality Trust Announces Plan to Spin-off Hotel Portfolio

    Ashford Hospitality Trust, Inc. (NYSE: AHT) announced that the Company's Board of Directors approved a plan to spin-off an 80% ownership interest in an 8-hotel portfolio, totaling 3,146 rooms (2,912 owned rooms), to holders of Ashford Trust common stock in the form of a taxable special distribution. Ashford Hospitality Trust, Inc. (NYSE: AHT) announced that the Company's Board of ...

  • ADAC Reisemonitor - Germans Are As Keen on Travel As Ever

    Germans are as keen on travel as ever – almost 50 per cent plan a second trip besides their main annual holiday – according to the latest ADAC Reisemonitor survey Italy and Austria have become increasingly popular for extra breaks Almost 50 per cent of Germans have already made up their minds to take an extra break in addition to their main annual holiday. According to the findings of a ...


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Movie Review

Because I Said So

Because I Said So

Because I Said So is a desperate comedy whose frequently acute insights into tense, but loving mother-daughter relationships is constantly hamstrung by ill-advised forays into physical humor and too much reliance on Diane Keaton's mania. Keaton trades a little too heavily ... ...

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  • Sage Hospitality Adds San Antonio Eilan Hotel Resort to Portfolio

    The Éilan Hotel Resort & Spa is part of Éilan - San Antonio's new 120-acre mixed-use development that contains luxury residences, restaurants, retail outlets, and office space. Sage Hospitality announced it has added the Éilan Hotel Resort & Spa to its Premier and Lifestyle Division. The ...

  • Hyatt to Develop Nine Hyatt Place Hotels in Brazil

    The hotels will be located in key cities and towns that have established commercial and industrial infrastructure and will help meet the growing demand for quality accommodation across Brazil. It is anticipated that the first of these new properties will open in 2016. Hyatt Hotels Corporation today announced the execution of an agreement to form a joint venture between a Hyatt affiliate and ...

  • EB-5 Financing - Using Guest Expenditures to Calculate Job Creation for Hotels

    Because financing for new hotel development is still difficult to obtain, many hotel developers clients have found EB-5 financing to be a valuable source of alternative financing. One of the first things a hotel developer wants to know when considering EB-5 financing for the first time is: What percentage of the total cost of the project can be provided with EB-5 investments? The answer to ...

  • Asia Pacific Hotel Development Pipeline For May 2013 Increases to 1828 Hotels

    Year-to-date, 188 hotels have opened in the region with 32,667 rooms. In the remainder of 2013, 451 hotels are planned to open with 91,318 rooms. The Asia/Pacific hotel development pipeline comprises 1,828 hotels totalling 394,856 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning ...

  • Courtyard by Marriott Waikiki Beach Acquired for $75.3 Million

    RLJ Lodging Trust announced that it acquired the long-term leasehold interest in the 399-room Courtyard by Marriott Waikiki Beach for a purchase price of $75.3 million, or approximately $189,000 per key. The purchase price represents a forward capitalization rate of approximately 7.8% based on the Hotel’s projected 2014 net operating income. RLJ Lodging Trust announced that it acquired the ...

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