Hotel Business 12/15/2012 : Page 3
H otel Business THE NEWSPAPER FOR LODGING DECISION MAKERS ® ICD Publications ® VOL. 21 NO. 21 DECEMbER 15, 2012 BRIEFS Four Seasons Opens in Africa The 77-room Four Seasons Safari Lodge Serengeti has opened in Serengeti, Tana-nia, the first Four Seasons property in Sub-Saharan Afri-ca. The brand plans two more properties in Sub-Saharan Africa: one in the Ngorong-oro Conservation Area; the second, a beach resort on the island of Zanzibar. Opening dates for the two upcoming properties weren’t disclosed. Blackstone inks deal for Apple REIT Six B y B ruCe S erlen NEW YORK—When an affiliate of The Blackstone Group agreed to acquire Richmond, VA-based Apple REIT Six, Inc. last month for approximately $1.2 billion, it was the third major lodging industry acquisition by a private equity firm announced since May. That month, another affiliate of the same Blackstone fund agreed to purchase the Motel 6 and Studio 6 brands continued on page 37 The blackstone Group private equity firm has agreed to acquire Apple REIT Six, Inc. for $1.2 billion. Included in the 66-property portfolio is the Homewood Suites by Hilton in Fort Worth, TX. Hilton Expands in Egypt Hilton Hotels & Resorts, based in McLean, VA, will open its second hotel in Al-exandria, Egypt. The brand signed a management agree-ment with Delta for Tourism & Hotels Company to open a new 158-room, conversion property, the Hilton Alexan-dria Corniche. It is expected to open in 2013. This will be the 19th Hil-ton Worldwide property in Egypt. Encotel to launch Vintro Hotel brand in FL B y S tefani C. O’C OnnOr MIAMI BEACH, FL—Oenophiles, rejoice! That’s the not-so-subtle message a new hospi-tality venture is looking to get across to guests searching for an urban hotel experience with a viticulture twist. The ownership group is so confident in the premise of the concept, dubbed Vintro Ho-tel, that it has, out of the gate, not one, but two hotels in development and hopes to ulti-mately turn Vintro into a brand. Family-held real estate concern Encotel, LLC, with interests in Latin America, is us-ing Florida as a launch pad for the hotels, the first of which is slated to open by fall 2013 in South Beach, with a second property on the drawing board for Fort Lauderdale in 2015. Family member Luis Amighetti is serving as continued on page 40 U.S. Hotel Industry at a Glance October 2012 RevPAR ADR Demand Occupancy Supply 4.2% 3.0% 2.6% 0.4% 6.9% the stat corner As it steps up its development plans for Africa, Starwood Hotels & Resorts Worldwide last month opened a 172-room, luxury St. Regis Resort & Spa on Mauritius, an island nation off the southeast coast of Africa. Starwood places priority on Africa growth B y B ruCe S erlen LE MORNE PENINSULA, MAURI-TIUS—When the 172-room St. Regis Mauritius Resort & Spa opened last month on this island nation in the In-dian Ocean about 1,200 miles off the southeast coast of Africa, it was signifi-cant on at least three counts. First, it helped to establish Mauritius as a luxury travel destination. Second, it was the latest evidence of the St. Re-gis brand’s parent, Starwood Hotels & continued on page 27 Sponsored by Powered by FLEXIBLE RELIABLE ADAPTABLE ‘s new Keycard Encoder is now available to the hospitality industry.
Blackstone Inks Deal For Apple REIT Six
Encotel To Launch Vintro Hotel Brand In FL
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