Hospitality
Top stories summarized by our editors
6/22/2018

A new mobile app called EazyO facilitates speedy delivery of food, beverages and other items to hotel guests at beachfront and poolside. CEO Brett Benza counts several major hotels and resorts among clients for the GPS-based service.

6/22/2018

Denihan Hospitality has sold the James Chicago hotel in the city's Magnificent Mile for $83 million after purchasing it for $136.6 million, according to Cook County records. The buyer, Junius Real Estate Partners, used a $67.5 million loan from ACORE Capital for financing and partnered with boutique hotel and art museum chain 21C Museum Hotels.

6/22/2018

Revival of the 112-year-old, long-derelict Gateway Hotel in downtown El Paso, Texas, represents the American dream come true for South Korean immigrant Howard "Danny" Yun. The 72-year-old owner, who came to the US 40 years ago, reopened part of the historic hotel this month after three years of cleaning and renovation.

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El Paso Times (Texas)
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S. Korea
6/22/2018

A study by Euromonitor International finds that "travel and tourism continue to remain on track, outperforming the global economy, with arrivals set to grow by 3.7% and inbound receipts at a stronger rate of 4.1% over 2017, compared to world GDP at 3.5%." At the same time, luxury brands are responding to evolving consumer sensibilities and the sharing economy.

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Forbes
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Euromonitor International
6/22/2018

Lindsey Ueberroth is the latest member of the Ueberroth family to helm Preferred Hotels & Resorts, taking over the role from her father, John, in 2014. She led the group through a rebranding initiative that included giving the company its current name.

6/22/2018

In recent years, AccorHotels has become what CEO Sebastien Bazin calls a "first mover" in hospitality investments, focusing on startups despite the fact there will be some failures. By Bazin's estimation, 20% to 50% "will be remarkable. A third will be average. This is the name of the game when you enter into unknown territories," he said.

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Skift
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AccorHotels, Sebastien Bazin
6/22/2018

The Otis Hotel in Spokane, Wash., has resumed restoration work after a delay of three months. When it reopens, the property will be called Hotel Indigo Spokane, part of InterContinental Hotels Group.

6/22/2018

InterContinental Hotels Group has reached the 1,000-hotel milestone for its portfolio covering Europe, the Middle East, Asia and Africa. The company has eight brands in the region.

6/21/2018

In a new partnership with Marriott International, Amazon will make its Echo voice-controlled device available for a range of guest services. The feature will debut this summer at select properties and other hotel chains will be invited as well, Amazon said.

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Reuters
6/21/2018

Staying in the same role without learning is a career death sentence, even if it feels easier than taking a risk and learning new things, writes LaRae Quy. "It's essential that you realize your comfort zone is a tremendous enemy of peak performance," she writes.

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SmartBrief/Leadership
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LaRae Quy