Group items matching

in title, tags, annotations or url

BANYAN INVESTMENT GROUP recently sold its Kimpton Goodland Hotel Fort Lauderdale Beach, Florida, to DiamondRock Hospitality Co. for $35.3 million. The sale is expected to bring a substantial return for investors in the Atlanta-based company, led by Andy Chopra as managing partner. The 96-room hotel is near Las Olas and Sebastian Street beach parks, Bonnet House Museum and Gardens, Sea Turtle OP Headquarters and multiple shops and eateries. Hotel amenities include an outdoor, heated pool, fitness center, loaner beach cruisers and beach items including boogie boards to folding chairs. F&B options include food and tiki-themed cocktails at Botanic at the Goodland or poolside drinks and snacks at the Good Bar. Originally the company was planning to hold the deal for a longer period, Chopra said. However, conditions changed to allow a deal that could generate a 49.4 percent internal rate of return for Banyan's investors.

Alot of people will be going on summer vacation soon. If you look up the word "vacation" in a dictionary, it means having fun and relaxing away from home. When adults have time off from work, they use it to relax and recharge their bodies. However, kids also require vacations to rest and grow. Research shows that family vacations are good for your health. They break your family out of their normal routine, open your minds to fresh cultures and foods, and make you more open-minded.

Why Children Need Summer Season Break

THE AMERICAN HOTEL & Lodging Association has launched Responsible Stay, an industry initiative to make meetings, events and guest experiences in U.S. hotels more environmentally and socially responsible. AHLA contends that the initiative is meant to unite major hotel companies, including at least two Asian American-owned companies, around sustainability priorities. Responsible Stay is focused on four areas: Energy efficiency: Optimizing energy efficiency through operational improvements and adoption of clean energy technologies Waste reduction: Investing in waste reduction programs and new, innovative alternatives to reduce, reuse and recycle waste across properties Water conservation: Ensuring the reduction of water usage by implementing water-efficient practices in core areas like laundry, food and beverage, and landscaping Responsible sourcing practices: Sourcing responsibly and prioritizing sustainability in supply chains to prevent harmful environmental and social impacts Under the initiative, AHLA and its members will strengthen environmental programs, education and resources to provide a "responsible stay" for guests, protect the future of the planet and support communities across the country, the statement added.

CHOICE HOTELS INTERNATIONAL has named its eight nominees for the board of directors for Wyndham Hotels & Resorts to be voted on in Wyndham's 2024 shareholder meeting. The nominees, including Jay Shah, executive chairman at Hersha Hospitality Trust, are expected to support Choice's bid to acquire Wyndham despite multiple rejections by the latter. In response, Wyndham said it will evaluate the nominees as part of its due diligence, but it also said the nominees were "hand-picked to push through their offer." Along with Shah, Choice's nominees are: Barbara Bennett, founder and principal executive of business consulting firm Bennett West LLC. Emanuel Pearlman, founder, chairman and CEO of investment management and financial consulting firm Liberation Investment Group. Fiona Dias, digital commerce consultant who served as the chief strategy officer of online shopping service ShopRunner from 2011 to 2014. James Nelson, CEO of real estate investment trust Global Net Lease, Inc. Nana Mensah, founder, chairman and CEO of food packaging and processing equipment exporter 'XPORTS Inc. Susan Schnabel, founder and co-managing partner of buyout fund advisor aPriori Capital Partners. William Grounds, principal of his advisory business Burraneer Capital Advisors LLC. "These nominees are proven leaders with wide-ranging expertise across relevant industries, including deep proficiency in the hospitality and franchising sectors," said Stewart Bainum, chairman of Choice's board of directors. "We are confident the nominees' industry, finance, governance and board experience will greatly benefit Wyndham shareholders. Most importantly, if elected, the nominees will exercise their independent judgment to serve Wyndham shareholders' best interests, which Choice believes is to move with urgency to maximize the value that could be created for them through a combination with Choice."

APPROXIMATELY 75 PERCENT of Americans plan to take road trips this summer, with about 33 percent intending to travel more than 250 miles from home, according to a recent study by WalletHub. However, choosing an affordable travel destination is challenging due to higher gas prices, currently averaging over $3.45 per gallon nationwide, and increased accommodation costs. The WalletHub study, which assessed all 50 U.S. states across 32 metrics to identify the most budget-friendly road-trip destinations, ranked Texas, Minnesota and New York as the top three states to visit this summer. "Taking a summer road trip can be a very exciting way to experience a new place, but with the prices of gas, food and accommodations heavily impacted by inflation, you'll want to be in a state that makes this type of vacation affordable," said Cassandra Happe, WalletHub's analyst. "Safe roads are also key, and so is having plenty of worthwhile attractions to stop at along the road. The best states for summer road trips therefore are those that keep costs low while providing the best driving experience and most fun activities."

Vacations are a time to have fun, and embracing those lovely moments either by yourself or with family and friends is absolutely memorable. These should be cherished, and taking such breaks also rejuvenates the zest for going on in life. The drudgery of life can get you and make you feel bogged down, but a vacation like this can help you bounce back to work at full throttle. Your vacation is over and it's time to go back home. You're going to miss your new friends, the food, and the sun. However, you can now make many more such trips with Teja travels. Making many memories and find that there is so many exciting places to explore and enjoy when you have well-planned trip and budgeted itinerary to follow.

TOCK, A RESERVATIONS and events platform for the hospitality industry, recently partnered with Curator Hotel & Resort Collection to enhance food and beverage operations and provide additional amenities to guests. The partnership will enable Curator member hotels and resorts to streamline operations, drive revenue and improve guests' experiences on a single system. "Tock provides a holistic solution that empowers our customers and we're thrilled to bring that to Curator's elite network of independent hotels and resorts," said Patrick Venn, Tock's head of hotels and enterprise. "This partnership aligns with our mission to empower hotels of all sizes with forward-thinking technology focused on revenue management. Together, we aim to help these properties not only in navigating today's competitive landscape, but also setting new standards in delivering extraordinary guest experiences." Tock's platform offers capabilities tailored for hotel operators, Tock said in a statement.

Looking for a fun and memorable family outing in Bangalore? Look no further! Explore the city's most exciting attractions and experiences with our curated list of family-friendly destinations: - Wonderla Amusement Park: Thrilling rides and water slides - Bangalore Zoo: Encounters with wildlife and conservation - Lalbagh Botanical Garden: Strolls through lush greenery and lakes - Children's Museum: Interactive learning and play - Cubbon Park: Picnics and relaxation in the heart of the city - Innovative Film City: Movies, games, and entertainment Create lifelong memories with your loved ones and enjoy: - Quality time with family - Age-appropriate activities for all - Delicious food and refreshments - Safe and secure environments - Endless fun and laughter! Plan your next family outing with tejas tours and travels and make the most of your time together! Link: https://www.tejastravels.com/blog/article/amazing-places-to-explore-for-family-outings-bangalore

Terror lurks in every corner as Universal Studios Singapore's Halloween Horror Nights 2 approaches!

Spend your honeymoon holiday in Vietnam? You are sure to be impressed by delicious food, comfortable boutique hotels and above all, the stunning scenery throughout the country.

Racking your brain for the perfect birthday present this October? Here's something for your consideration. WARNING: It's to die for.