5 things to know: 5 March 2018
 
5 things to know: 5 March 2018
05 MARCH 2018 10:21 AM

From the desks of the Hotel News Now editorial staff:

  • Rebranded Radisson Hotel Group launches at IHIF
  • UK hoteliers discuss impending impact of Brexit
  • Interstate acquires management of 32 hotels
  • Edinburgh is UK's top hotel development hot spot
  • ‘Overlook Hotel’ Oscars ad a red herring for movie museum

Rebranded Radisson Hotel Group launches at IHIF: Carlson Rezidor Hotel Group announced the launch of its rebranding as Radisson Hotel Group, effective immediately, at the International Hotel Investment Forum in Berlin. The company had previously shared its intentions to rebrand itself during its Investor Day presentation.

“Today is the start of an exciting era for the Radisson Hotel Group, united by our new brand and long-term vision to become a top three hospitality company in the world,” Federico J. González, president and CEO of the Rezidor Hotel Group, said in a company news release to announce the launch.

“Our five-year operating plan includes initiatives that redefine our value proposition, optimize our portfolio, streamline operations, invest in new technology systems and align our team members to deliver on our signature, Every Moment Matters. ‘Every moment Matters’ is about how we do business at the Radisson Hotel Group and who we are at the core—a place of purposeful encounters. For everyone. Everyday. Everywhere. Every time. Our rebranding is just the beginning,” he said in the release.

For more coverage out of IHIF, check back with Hotel News Now and follow HNN Editorial Director Jeff Higley and Terence Baker, senior reporter, Europe, who are in attendance in Berlin.


U.K. hoteliers discuss impending impact of Brexit: Three United Kingdom-based hoteliers and two consultants weighed in on issues surrounding the U.K.’s exit from the European Union, or Brexit, during a virtual roundtable with HNN’s Terence Baker.

The sources agreed they must continue to implore government officials to see the potential harm to the hospitality and tourism industry and to take steps to lessen that impact.

“The U.K. hotel industry is hugely dependent on EU employees with the average 5-star hotel in London, for example, typically having 50 nationalities among their workforce,” said Chris Mumford, managing director at AETHOS Consulting Group. “I do not believe the government is blind to this heavy reliance on foreign labor, and the situation is not unique to the hospitality sector but can also be found, for example, in the (National Health Service) and in farming.”


Interstate acquires management of 32 hotels: In separate news releases, Arlington, Virginia-based Interstate Hotels & Resorts announced it has acquired management of a 20-hotel portfolio in the U.S. and 12 hotels internationally, including its first in France.

The U.S. hotels acquired from Gateway Hospitality Group encompass 2,544 rooms and include select-service properties “under top lodging brands including Hilton and Hyatt in addition to two luxury boutique hotels located in five states and the District of Columbia,” the release states.

The hotels added to Interstate’s international portfolio are through a long-term agreement with owner, development and lease partner Borealis Hotel Group, a Dutch hotel company. The partnership brings “continued expansion potential for the Netherlands, Belgium, Germany, France and additional Western European countries,” the release states.

No price was given for either deal.


Edinburgh is U.K.'s top hotel development hot spot: In Colliers International’s latest U.K. Hotels Market Index, the top spot for hotel development in the region is Edinburgh, which moved up four places from last year’s rankings, according to a news release.

Second place went to Bath, which moved up 10 spots in the rankings largely “as a result of strong (average daily rate) performance, combined with a lower active pipeline,” the release states. In third place is Belfast, which shot up 16 spots from last year.


‘Overlook Hotel’ Oscars ad a red herring for movie museum: Hoteliers who are movie buffs might have been surprised to see a commercial during the Oscars telecast for the infamous—and fictional—Overlook Hotel from the 1980s horror film “The Shining.” But, as AdWeek reports, the commercial revealed itself at the end to be a promotion for the Academy Museum of Motion Pictures, set to open in Los Angeles next year.

The haunted hotel featured in the film, and in the Stephen King novel of the same name the movie is based on, was inspired by the real-life Stanley Hotel in Estes Park, Colorado.


Compiled by Robert McCune.

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