Holiday Inn Express

Pro-invest Group recipient of Aareal Bank’s largest green hotel portfolio loan in Asia-Pacific

Retrieved on: 
Wednesday, April 10, 2024
Holiday Inn Express, NABERS, Environment, Partnership, Aareal Bank, ESG, SPO, Adelaide city centre, Sydney Airport, Central railway station, Brisbane, Water, Social change, Renewable energy

Aareal Bank announced the first ever green loan governed by its Green Finance Framework in July 2021 with the financing of Pro-invest's Holiday Inn Express Macquarie Park in Sydney.

Key Points: 
  • Aareal Bank announced the first ever green loan governed by its Green Finance Framework in July 2021 with the financing of Pro-invest's Holiday Inn Express Macquarie Park in Sydney.
  • Approximately two and a half years later, following a strategic refinancing initiative of Pro-invest Group’s Fund I portfolio, a total of five hotels within this funding forms Aareal Bank’s largest green loan for a hotel portfolio in the APAC region.
  • Aareal Bank acted as the arranger and sole lender in the financing of this hotel portfolio.
  • The success of this green financing initiative has been supported by rigorous assessments and advisories, with Sustainalytics providing a Second Party Opinion (SPO) confirming the alignment of Aareal Bank’s Green Finance Framework with the Green Loan Principles 2023.

Aperture Hotels Adds 12 Hotels in 12 Months

Retrieved on: 
Monday, March 25, 2024
Commercial Building & Real Estate, Construction & Property, Lodging, Travel, Holiday Inn Express, VPS, Certification, Argosy University, RGI, CHBA, Growth, Starwood, Hampton by Hilton, Accounting, IHG, Aimbridge Hospitality, Aperture, University, Food, MBA, Woman, SpringHill Suites, Courtyard, Crestline Hotels & Resorts, Hotel

Officials of Aperture Hotels, a leading hospitality management provider specializing in premium lifestyle, compact full-service, select-service and extended stay hotels, today announced the company added 12 hotels to its portfolio over the past 12 months.

Key Points: 
  • Officials of Aperture Hotels, a leading hospitality management provider specializing in premium lifestyle, compact full-service, select-service and extended stay hotels, today announced the company added 12 hotels to its portfolio over the past 12 months.
  • Located from Florida to California, the 12 new properties are comprised of Hilton-, Marriott- and IHG-branded hotels, as well as some independent flags.
  • “We have enjoyed strong, steady growth over the past 12 months and plan to continue this trajectory moving forward,” said Charles Oswald, president and CEO, Aperture Hotels.
  • To accommodate its growth and drive operational execution, Aperture added multiple corporate executives over the past year.

Goodegg Investments Announces Acquisition of 2 Hotel Assets Via Its Goodegg Hotel Fund I and Goodegg Growth Fund II

Retrieved on: 
Thursday, November 30, 2023
Travel, Risk, Holiday Inn Express, Acquisition, Candlewood Suites, COVID-19, Military personnel, Hotel

Goodegg Hotel Fund I, just like the real estate firm’s Goodegg Diversification Fund II, which successfully achieved an 11.3% investor return in 2022, is designed to acquire prime, select-service hotel assets via a diversified fund.

Key Points: 
  • Goodegg Hotel Fund I, just like the real estate firm’s Goodegg Diversification Fund II, which successfully achieved an 11.3% investor return in 2022, is designed to acquire prime, select-service hotel assets via a diversified fund.
  • The unique location allows investors to capture hotel stays from government contractors, military personnel, and other business travelers.
  • With a minimum investment of $10,000, both hotels featured in Goodegg Growth Fund II are currently rated 4.5 stars on Tripadvisor across hundreds of reviews.
  • “Given the pent-up demand for travel post-COVID-19, both business and leisure travel have rebounded in a big way, leading to huge opportunities in hotel investments,” said CEO of Goodegg Investments Julie Lam.

Ault Alliance Announces TurnOnGreen Continues to Expand Its Electric Vehicle Charging Infrastructure Across The North America Hospitality Segment

Retrieved on: 
Friday, October 27, 2023
Vehicle Technology, Data Management, Automotive, Technology, Apps, Applications, Other Professional Services, Lodging, Business, Fintech, Travel, Blockchain, Metaverse, Alternative Energy, Energy, Professional Services, Artificial Intelligence, Other Technology, Networks, EV, Electric Vehicles, Hardware, Alternative Vehicles, Fuels, Amos, NYSE, Electric vehicle, Holiday Inn Express, American Hotel and Lodging Association, RFID, OTC, Best Western, Marriott Hotels & Resorts, Safety, American Hotel, Fireworks, Hotel

Users can activate these chargers via the TurnOnGreen App, RFID cards, or by scanning a unique QR code displayed on each EV charger.

Key Points: 
  • Users can activate these chargers via the TurnOnGreen App, RFID cards, or by scanning a unique QR code displayed on each EV charger.
  • TurnOnGreen’s EV charging hardware, management software, and network services allow municipalities, businesses, and homeowners to monetize, track and report EV charger usage.
  • TurnOnGreen charging systems maintain high standards in the market, are Energy Star Certified, and are backed by an internationally recognized certificate of safety and performance.
  • “TurnOnGreen continues to build strategic partnerships across a variety of industries that enable TurnOnGreen to build EV charging infrastructure in regions where it is needed most,” said Amos Kohn, TurnOnGreen’s Chief Executive Officer.

TurnOnGreen Continues To Expand Its Electric Vehicle Charging Infrastructure Across The North America Hospitality Segment

Retrieved on: 
Thursday, October 26, 2023
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Automotive, Other Technology, Other Automotive, Alternative Energy, Energy, Lodging, Travel, Amos, EVP, Holiday Inn Express, RFID, Best Western, Multimedia, Marriott Hotels & Resorts, Safety, American Hotel, Pedestal, Fireworks, Hunting, Hotel

TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), previously announced the expansion of electric vehicle (“EV”) charging infrastructure across multiple hotel properties in the United States and Canada.

Key Points: 
  • TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), previously announced the expansion of electric vehicle (“EV”) charging infrastructure across multiple hotel properties in the United States and Canada.
  • Today, the Company revealed that it has initiated projects at an additional 19 hotels and successfully activated 80 EV charging stations at 32 hotels across North America, thereby bolstering the Company's EV charging infrastructure in response to the expanding Electric Vehicle market.
  • Users can activate these chargers via the TurnOnGreen App, RFID cards, or by scanning a unique QR code displayed on each EV charger.
  • “TurnOnGreen continues to build strategic partnerships across a variety of industries that enable the Company to build EV charging infrastructure in regions where it is needed most,” said Amos Kohn, the Company’s Chief Executive Officer.

Equity International’s Portfolio Company, SAMHI Hotels Limited, Completes its IPO

Retrieved on: 
Friday, September 22, 2023
Professional Services, Commercial Building & Real Estate, Finance, Lodging, Construction & Property, Travel, Urbanization, BSE, IPO, Partnership, Equity International, Courtyard, Multimedia, History, NSE, Bombay Stock Exchange, National Stock Exchange, IHG, Holiday Inn Express, Security (finance)

View the full release here: https://www.businesswire.com/news/home/20230922306936/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230922306936/en/
    Equity International, a private equity firm founded by Sam Zell, made its first investment in SAMHI in 2011 and has been its largest shareholder for most of its history.
  • Ltd., an affiliate company of Equity International, has sold approximately 50% of its equity holdings in the company in conjunction with the IPO.
  • “Equity International’s investment was essential to SAMHI’s success,” said Ashish Jakhanwala, chairman, managing director and chief executive officer of SAMHI.
  • I have no doubt Sam is smiling and immensely proud of Ashish and the entire SAMHI management team on successfully completing this IPO,” said Tom Heneghan, chief executive officer of Equity International.

IHG HOTELS & RESORTS LAUNCHES NEW MIDSCALE CONVERSION BRAND GARNER™- AN IHG HOTEL

Retrieved on: 
Wednesday, August 16, 2023
IHG Hotels & Resorts, Snack, Feedback, Fruit, Element, IHG, Coffee, Growth, Holiday Inn, SVP, Character, Holiday Inn Express, Hotel, Tourism, Garner

ATLANTA, Aug. 16, 2023 /PRNewswire/ -- IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, today launched its new midscale conversion brand, Garner™ - an IHG Hotel. The brand will be the leading choice for guests wanting great value stays at high-quality properties, and for owners seeking higher returns in the midscale segment.

Key Points: 
  • Delivering an unrivalled commitment to quality and choice, new brand will be franchise-ready in early September
    ATLANTA, Aug. 16, 2023 /PRNewswire/ -- IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, today launched its new midscale conversion brand, Garner™ - an IHG Hotel.
  • Elie Maalouf, Chief Executive Officer, IHG Hotels & Resorts, said: "Garner is another exciting step forward in the transformation of our brand portfolio, bringing to the midscale market a brand we know owners and guests want from IHG.
  • Jen Gribble, SVP, Global Marketing Mainstream Brands, IHG Hotels & Resorts, said: "Garner will give owners and guests what they've been missing in the midscale space.
  • Key brand features and hallmarks include:
    Get comfortable for your stay: Guests can set the pace for their time at Garner hotels.

Commonwealth Hotels Appoints Joshua Gentry as Director of Sales and Marketing of the Hampton Inn I-75 Lexington Hamburg

Retrieved on: 
Tuesday, August 15, 2023
Knowledge, Commonwealth, Hampton by Hilton, Aimbridge Hospitality, Marketing, Holiday Inn Express, Eastern Kentucky University, Hotel, Suite

COVINGTON, Ky., Aug. 15, 2023 /PRNewswire/ -- Commonwealth Hotels announced today that Joshua Gentry has been appointed the director of sales and marketing of the Hampton Inn I-75 Lexington Hamburg .

Key Points: 
  • COVINGTON, Ky., Aug. 15, 2023 /PRNewswire/ -- Commonwealth Hotels announced today that Joshua Gentry has been appointed the director of sales and marketing of the Hampton Inn I-75 Lexington Hamburg .
  • Mr. Gentry brings over 15 years of hospitality experience to his new role as director of sales and marketing, having previously served as the director of sales for the Hyatt Place Airport Cincinnati/Florence.
  • Most recently prior to joining the Hampton Inn Lexington, Mr. Gentry served in various hospitality leadership roles including the dual director of sales for Aimbridge Hospitality, the sales and marketing manager for Musselman Hotels at the Holiday Inn Louisville, Kentucky, and the assistant general manager for MKP Management at the Holiday Inn Express and Suites in Lexington, Kentucky.
  • An experienced leader in both sales and operations, Mr. Gentry built his career by inspiring vision and generating best-in-class hospitality.

Wego and IHG Hotels & Resorts Ink Global Partnership

Retrieved on: 
Wednesday, July 26, 2023
Even Hotels, IHG Hotels & Resorts, Partnership, Travel, InterContinental, Crowne Plaza, Regent Hotels & Resorts, Kimpton Hotels & Restaurants, Hotel Indigo, Traveler, Staybridge Suites, IHG, Candlewood Suites, Commercial, Holiday Inn Express, Hotel, Wego

DUBAI, UAE, July 26, 2023 /PRNewswire/ -- Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), inked a global partnership with IHG Hotel & Resorts, one of the world's leading hotel companies to provide its users with a wider array of hotel offerings across the globe.

Key Points: 
  • Through this collaboration, Wego users will be able to search and book 15 of IHG's 18 brands - worldwide - Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels, Atwell Suites, Staybridge Suites and Candlewood Suites.
  • Commenting on this strategic partnership, Craig Hewett, Chief Hotels Officer and Co-Founder, Wego, said: "Partnering with one of the world's leading hotel companies, IHG Hotels & Resorts, reflects our commitment to provide our users with global hotel offerings and deals.
  • Through this partnership, we will promote IHG Hotels & Resorts to our large user base in the MENA region and aim to convert more bookings to IHG's global network of hotels."
  • James Britchford, Vice President Commercial, India, Middle East and Africa at IHG Hotels & Resorts, said: "We are delighted to partner with Wego, the number one travel app in MENA for flight search and booking.

Wego and IHG Hotels & Resorts Ink Global Partnership

Retrieved on: 
Wednesday, July 26, 2023
Even Hotels, IHG Hotels & Resorts, Partnership, Travel, InterContinental, Crowne Plaza, Regent Hotels & Resorts, Kimpton Hotels & Restaurants, Hotel Indigo, Traveler, Staybridge Suites, IHG, Candlewood Suites, Commercial, Holiday Inn Express, Hotel, Wego

DUBAI, UAE, July 26, 2023 /PRNewswire/ -- Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), inked a global partnership with IHG Hotel & Resorts, one of the world's leading hotel companies to provide its users with a wider array of hotel offerings across the globe.

Key Points: 
  • Through this collaboration, Wego users will be able to search and book 15 of IHG's 18 brands - worldwide - Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels, Atwell Suites, Staybridge Suites and Candlewood Suites.
  • Commenting on this strategic partnership, Craig Hewett, Chief Hotels Officer and Co-Founder, Wego, said: "Partnering with one of the world's leading hotel companies, IHG Hotels & Resorts, reflects our commitment to provide our users with global hotel offerings and deals.
  • Through this partnership, we will promote IHG Hotels & Resorts to our large user base in the MENA region and aim to convert more bookings to IHG's global network of hotels."
  • James Britchford, Vice President Commercial, India, Middle East and Africa at IHG Hotels & Resorts, said: "We are delighted to partner with Wego, the number one travel app in MENA for flight search and booking.