An apartment hotel (also aparthotel and apartel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can “check-out” whenever they wish. Continue reading →
Boutique hotels are typically hotels with a unique environment or intimate setting. Some hotels have gained their renown through tradition, by hosting significant events or persons, such as Schloss Cecilienhof in Potsdam, Germany, which derives its fame from the Potsdam Conference of the World War II allies Winston Churchill, Harry Truman and Joseph Stalin in 1945. The Taj Mahal Palace & Tower in Mumbai is one of India’s most famous and historic hotels because of its association with the Indian independence movement. Some establishments have given name to a particular meal or beverage, as is the case with the Waldorf Astoria in New York City, United States where the Waldorf Salad was first created or the Hotel Sacher in Vienna, Austria, home of the Sachertorte. Others have achieved fame by association with dishes or cocktails created on their premises, such as the Hotel de Paris where the crêpe Suzette was invented or the Raffles Hotel in Singapore, where the Singapore Sling cocktail was devised. Continue reading →
Abandoned by the company that proposed it and left for dead by many observers, the massive Gaylord Aurora convention hotel project has found a second shot at life.
Aurora officials told the Colorado Economic Development Commission on Thursday that Area Property Partners of New York will arrange financing for the $824 million project and that Rida Development Corp. of Houston will develop the 1,500-room hotel.
“We never gave up,” said Wendy Mitchell, president and CEO of the Aurora Economic Development Council.
Marriott International, which will manage the property in conjunction with four existing Gaylord convention hotels, was key to getting the stalled project going.
Rida and Area are developing a $350 million, 1,000-room hotel in Houston that will operate as a Marriott Marquis. They also financed and built the 1,400-room Hilton Orlando and renovated a 1,200-room Hyatt Regency in New Orleans after Hurricane Katrina.
“They are both strong companies, plus coupled with Marriott, it makes a good three-part team to move the project forward,” said Kenneth Free, owner of Straightline Advisors, which provides consulting services on developing hospitality real estate.
Still, Free said the project is a large one and carries substantial risks. Continue reading →
A hotel is an establishment that provides lodging paid on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms and air conditioning or climate control. Additional common features found in hotel rooms are a telephone, an alarm clock, a television, a safe, a mini-bar with snack foods and drinks, and facilities for making tea and coffee. Luxury features include bathrobes and slippers, a pillow menu, twin-sink vanities, and jacuzzi bathtubs. Larger hotels may provide additional guest facilities such as a swimming pool, fitness center, business center, childcare, conference facilities and social function services.