Tag: hospitality business news

Refurbished Tygart Hotel reopens in Elkins

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From left- Robbie Morris, David Clark, Gayle Manchin and Jerry Marco ELKINS, W.Va. — The Tygart Hotel in downtown Elkins has reopened following a $18 million renovation project spearheaded by Woodlands Development & Lending and community leaders. The project is funded largely through tax credit investments, investors, and financing from Davis Trust Company, Pendleton Community Bank, and Freedom Bank. The building was built in 1907 and boasted many prominent guests as Hotel Gassaway, including a ten-year stay by US Senator Jennings Randolph, according to Woodland Development & Lending executive director David Clark. The effort to bring the Tygart Hotel back…
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Hilton acquires Graduate Hotels in USD 210 Million deal, marking first brand acquisition in over two decades

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According to Reuters, on Thursday, Hilton announced its acquisition of Graduate Hotels from Adventurous Journeys Capital Partners for USD 210 million, marking its first brand purchase in over 20 years amid growing pressures in the hotel industry, creating opportunities for consolidations. Hilton sees significant potential in the Graduate brand, which primarily caters to locations near major colleges and universities in the United States and the United Kingdom, estimating a global market of 400-500 hotels. “University towns tend to have steady demand, from students, parents, and visiting academics, largely unconnected to the global economy,” commented Richard Clarke, an analyst at Bernstein.…
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February hotel success « Euro Weekly News

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THE Tourism Councillor, Ana María Muñoz, has revealed that hotel occupancy in Nerja during February reached 77.40 per cent, with some establishments even surpassing 90 per cent. Nerja Tourism Council Reports Record February Occupancy Last year’s February hotel occupancy was 66.56 per cent. Muñoz highlighted Nerja’s consistent leadership in hotel occupancy in the province of Málaga, starting the year with 73.66 per cent in January, according to data from the Hotel Entrepreneurs Association of the Costa del Sol (Aehcos). Most Read on Euro Weekly News Nerja Tourism Outlook Bright: Easter Reservations Strong Looking ahead to Easter, Muñoz expressed optimism, citing…
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Senior dog finds forever home after winning hotel guest’s heart

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HIGHLANDS, NC (WLOS) – One senior dog found his forever home with a guest visiting a North Carolina hotel that fosters shelter dogs in an effort to get them adopted. The Park on Main in Highlands is not only a dog-friendly hotel, but it has also fostered dogs from the Cashiers-Highlands Humane Society since 2015. The dogs get a chance to live in the lap of luxury while also getting exposure to multiple guests , each one a possible adoptee. “The hotel is dog-friendly. It’s dog-forward, I would say,” said Devon Allio, the hotel’s general manager. Calhoun, an 8-year-old hound…
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