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Log In / Register | Nov 23, 2014

Hotel History: The Opening of the Current Waldorf-Astoria

In 1931, the new Waldorf-Astoria Hotel opened at Park Avenue between 49th and 50th Streets under Lucius Boomer's direction. The Art Deco style hotel, designed by architects Schultze & Weaver, dazzled thousands of onlookers when it was unveiled. With 42 stories and 2,200 rooms, the building was the largest hotel in the world at the time of its opening.

Hilton Terminates Las Vegas Franchise

Hilton Worldwide has notified Colony Resorts LVH Acquisitions LLC, owner and operator of the off-Strip Las Vegas Hilton, that its franchise agreement will be terminated as of January 1, 2012.

Blackstone Preps Hilton for Flotation

Back in August 2007, I wrote about Blackstone’s acquisition of Hilton. "If you want my considered opinion about the Blackstone acquisition of Hilton, just remember that private equity investors buy and sell companies usually with other people’s money," I declared. I continued:

Hilton’s Hands Slapped in Starwood Settlement

Ed Watkins, Editor-In-Chief of Lodging Hospitality, gets it right (as usual).

Why Is a Hampton Franchise No. 1?

Hampton Inn amidst farms outside a small town in rural Kentucky
A newer Hampton Inn franchise sits in rural Kentucky, photo/bmm

IRVINE, Calif. — A magazine explains how it decides what is the best franchise to buy. But what comes out is a clearer explanation of what franchisor shares to invest in.