Arbor Lodging Partners Acquires 12-Hotel, 1,313-Room National Portfolio

first_imgCommercial Real Estate News Arbor Lodging Partners Acquires 12-Hotel, 1,313-Room National Portfolio STAFF REPORT Published on Monday, February 3, 2020 | 4:49 pm Make a comment Top Row: L-R Hilton Garden Inn Pasadena/Arcadia, Springhill Suites Pasadena/Arcadia, Hampton Inn Irvine/Lake Forest, Hilton Garden Inn Irvine/Lake Forest. Middle Row: L-R Hilton Garden Inn Bakersfield, Hilton Garden Inn Folsom, Hilton Garden Inn Roseville, Courtyard Inn Hartford/Farmington. Bottom Row: L-R Residence Inn Hartford/Rocky Hill, Homewood Suites Wallingford, Homewood Suites Somerset, Residence Inn Mount Olive.Arbor Lodging Partners, a Chicago-based hotel investment and management company, has acquired a 12-hotel portfolio, which includes the Hilton Garden Inn Pasadena/Arcadia and Springhill Suites Pasadena/Arcadia.Both hotels are located in Arcadia but largely serve the Pasadena area.The acquisition also includes Hampton Inn Irvine/Lake Forest, Hilton Garden Inn Irvine/Lake Forest, Hilton Garden Inn Bakersfield, Hilton Garden Inn Folsom, Hilton Garden Inn Roseville, Courtyard Inn Hartford/Farmington, Residence Inn Hartford/Rocky Hill, Homewood Suites Wallingford, Homewood Suites Somerset and Residence Inn Mount Olive hotels.The acquisitions are a joint venture with GFH Financial Group B.S.C.An Arbor Lodging Partners statement said with the acquisitions, its portfolio now expands to 37 full-service and select-service hotels consisting of nearly 5,000 rooms across 21 markets in 15 states, further establishing the company’s position as a leading national player in the hospitality industry.Going forward, the hotels will be managed by Arbor Lodging Partners’ affiliate, Arbor Lodging Management.“We are thrilled to have added 12 diverse and unique properties with industry-leading franchise affiliations to our portfolio in several key markets,” Vamsi Bonthala, CEO of Arbor Lodging Partners, said. “Consistent with our strategic investment plans, we are pleased to invest in high-performing hotel markets, while concurrently continuing our own growth as an influential hotel investment and management firm.”Arbor Lodging Partners will begin renovations at each property, to include modern updates to all guestrooms, guest bathrooms, lobbies and common areas, as well as meeting spaces and food and beverage outlets.“Each hotel is well-situated in its own community and has a long history of guest satisfaction,” Sheenal Patel, Arbor Lodging Management CEO, said. “We are excited to welcome many new associates to the Arbor Lodging family and will work closely with each property team to continue to drive success by improving operations where necessary and creating memorable and engaging experiences for guests.”Through affiliates, Arbor Lodging’s portfolio consists of a range of hotels under brands such as Curio Collection by Hilton, Marriott Hotels and Resorts, Courtyard by Marriott, Hilton Garden Inn, Residence Inn, Homewood Suites, and more.For more information, visit www.arborlodging.com. Subscribe Community News Your email address will not be published. Required fields are marked * First Heatwave Expected Next Week Top of the News More Cool Stuff Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy center_img Name (required)  Mail (required) (not be published)  Website  HerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyZac Efron Is Dating A New Hottie?HerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeauty Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Community News 2 recommendedShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Shannon airport exhibition cleared for take-off

first_imgNo vaccines in Limerick yet RELATED ARTICLESMORE FROM AUTHOR Linkedin TAGSBob Hopefeaturedfull-imageGene KellyMarilyn MunroeNiall MaloneyShannon airportShannon Group First Irish death from Coronavirus Twitter WhatsApp Advertisement Email Facebookcenter_img Previous articlePet dog puts homeless man out in the cold in LimerickNext articleLimerick city’s antisocial behaviour problem is raised with Taoiseach Editor Print Surgeries and clinic cancellations extended Shannondoc operating but only by appointment Pictured at the Shannon airport exhibition are Shannon Group Chairman Rose Hynes and Shannon Airport Operations Director Niall Maloney.MARILYN Monroe and Bob Hope will be among the faces that will greet passengers flying out of Shannon from now on.The Hollywood stars are among a sea of famous faces who have passed through the airport since the first commercial flight set down 70 years ago.Sign up for the weekly Limerick Post newsletter Sign Up And the Shannon Group is now set to clear a collection of memorabilia for take-off in the transit lounge.The collection is one of the initiatives to mark the 70th anniversary later this year of the first commercial flight to land at Shannon.  It will be the first step towards developing a wider celebration of Ireland’s most historic airport.Among the items in the collection, which is already open for viewing,  will be various guest visitors’ books signed by global leaders and other VIPs who flew in and out of Shannon over the decades.It will also include an array of model aircraft, including those from the early days of commercial aviation when Shannon was the first European gateway to the United States.The collection will also include photographs and video footage taken of some of the world’s most famous people over the last century as they flew in and out of Shannon, among them stars of silver screen including Gene Kelly, Marilyn Monroe, Bob Hope and some of the world’s best known political and religious leaders.The items will be drawn from the airport’s own archive collection, while members of the public, including former staff and their families who may also have suitable items for inclusion in the gallery, are being invited to donate/loan them to the gallery.Airport Operations Director Niall Maloney said, “Shannon Airport’s significance in the world of aviation is unrivalled for an airport of its size and it’s only right that we would begin developing a collection that captures this.  When you think of all the firsts that came out of Shannon, from being the original transatlantic gateway between Europe and the US to the home of duty free, there’s incredible history here and this initiative will help recognise that.”Anyone with items they wish to have included in the collection such as photographs, autographs, posters and souvenirs purchased at the airport, should contact Dorothy Quinn, Terminal Operations, Shannon Airport. Tel. 061 712218 or email [email protected] Proceedures and appointments cancelled again at UHL Walk in Covid testing available in Limerick from Saturday 10th April NewsShannon airport exhibition cleared for take-offBy Editor – April 2, 2015 1465 last_img read more

Watch Sarah Steele and Austin McKenzie Rise Up in Speech & Debate

first_imgSarah Steele in ‘Speech & Debate’ View Comments Tony winner Stephen Karam’s Speech & Debate is heading to the screen, and it’s mandatory viewing for anyone who’s showed up to a Broadway convention in cosplay, rebelled against a drama teacher or ran a musical theater blog. Take a look at the trailer below which features appearances from stars Austin McKenzie (Deaf West’s Spring Awakening) and Liam James, as well as Roger Bart, Skyler Astin, Darren Criss and Lin-Manuel Miranda as a Genie. The standout superstar, however is Sarah Steele, who reprises her off-Broadway performance as teenage drama queen Diwata. Watch below to see her rap Hamilton, spew blood, rock a Miss Saigon tee, and execute Spencer Liff choreography in a nude bodysuit. The film will premiere in select theaters and on demand on April 7.last_img read more

President takes a jab at Chavez

first_img In the hope that success in the global talks would invigorate the FTAA’s chances, Bush said he agrees with Brazilian President Luiz Inacio Lula da Silva that the United States must drop agriculture subsidies so it is easier for farmers in the developing world to compete. Bush said the United States promises to reduce and then eliminate those “trade-distorting subsidies” – as long as Europe does the same. “Only an ambitious reform agenda in agriculture, and manufactured goods, and services can ensure that the benefits of free and fair trade are enjoyed by all people in all countries,” Bush said. Bush’s five-day trip, which concludes with a visit to Panama on Sunday and today, comes as there is growing mistrust in Latin America about the United States. The U.S.-led invasion of Iraq revived memories of the “gunboat diplomacy” era of U.S.-Latin American relations of a century ago. There also has been deep concern about the failure to find the weapons of mass destruction that Bush alleged Iraq had. Disclosures of prisoner abuse by U.S. soldiers in Iraq and elsewhere added strains. “I fully understand there’s, at times, a view of America that is, in my opinion, not an accurate view,” Bush said earlier in the day at a round-table with young Brazilian leaders. Bush had good reason to make his push for freer trade, a better image for the United States and democracy here. Brazil has influence with Venezuela and in Bolivia, where the leading candidate in the Dec. 4 presidential election is the founder of the Movement Toward Socialism political party. Evo Morales has pledged to decriminalize the coca crop and end the U.S.-backed drive to end its cultivation. Chile also holds its presidential elections in December and Brazil has balloting in October 2006. “Only a generation ago, this was a continent plagued by military dictatorship and civil war,” Bush said. “The successful democracies of the 21st century will not be defined by blood and soil. Successful democracies will be defined by a broader ideal of citizenship – based on shared principles, and shared responsibilities, and respect for all.” The president’s visit was also expected to cement relations with Silva, the leader of a country that represents a lucrative market for U.S. products that Bush would like to expand. “We carry on tranquil and mature discussions on specific issues that always come up as part of any partnership on this scale,” Silva said after they met and before they dined on what Bush called an “unbelievably good” Brazilian barbecue of beef, lamb, oxtail and some cheese. Silva at first was distrusted by Washington because of his leftist origins. But he surprised many by curbing spending and bringing inflation down to less than 6 percent a year. He also enacted programs to distribute food and boost education among the poor. Despite their opposing political leanings, the two share personal chemistry. Bush joked that Silva promised to take him fishing, but not until after he leaves office because the “entourage is a little big to go fishing while I’m president.” Heavily armed police officers wearing bulletproof vests outnumbered the 150 demonstrators who protested with banners saying “Fora Bush” (Get Out Bush) at the retreat’s entrance. About 40 students also participated in a sit-in at a local McDonald’s that they called a symbol of U.S. capitalism. “We will remain here until Bush disappears from the planet or leaves Brazil, whichever comes first,” said one demonstrator, Rosa Marques, a history student at the University of Brasilia. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “The other seeks to roll back the democratic progress of the past two decades by playing to fear, pitting neighbor against neighbor and blaming others for their own failures to provide for the people,” he said. “We must make tough decisions today to ensure a better tomorrow.” Bush also urged Brazil, the continent’s largest economy, to use its considerable regional influence to prod into reality a U.S.-backed Free Trade Area of the Americas. Bush believes such a free-trade zone stretching from Alaska to Argentina would create jobs and lift the region’s 220 million poor to better lives. That could be a tall order for Brazil. At the Americas summit, the United States and 28 other countries supported setting a date to restart negotiations on creating the trading bloc. But because Brazil and four other nations preferred to wait for world trade negotiations to take place in December, no agreement was reached on new talks. So Sunday, Bush appeared determined to move on from the divisions over the FTAA talks and focus on those World Trade Organization negotiations in Hong Kong. The talks are aimed at cutting tariffs worldwide. BRASILIA, Brazil – In a clear jab at Venezuelan President Hugo Chavez, President Bush called on Latin Americans on Sunday to boldly defend strong democratic institutions and reject any drift back to the days of authoritarian rule. Bush’s remarks came after Chavez, the leftist leader and friend of Cuba’s Fidel Castro, spent the past two days hurling criticism at the United States at the Summit of the Americas in Argentina. Eyeing three upcoming presidential elections in Latin America, Bush said citizens must choose “between two competing visions” for their future. One, he said, pursues representative government, integration into the world community and freedom’s transformative power for individuals. last_img read more

It’s Official: Microsoft and Yahoo Announce Search Deal

first_imgA Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting Tags:#Features#news#NYT#web Related Posts The term of the agreement is 10 years; Microsoft will acquire an exclusive 10 year license to Yahoo!’s core search technologies, and Microsoft will have the ability to integrate Yahoo! search technologies into its existing web search platforms; Microsoft’s Bing will be the exclusive algorithmic search and paid search platform for Yahoo! sites. Yahoo! will continue to use its technology and data in other areas of its business such as enhancing display advertising technology. Yahoo! will become the exclusive worldwide relationship sales force for both companies’ premium search advertisers. Self-serve advertising for both companies will be fulfilled by Microsoft’s AdCenter platform, and prices for all search ads will continue to be set by AdCenter’s automated auction process. Each company will maintain its own separate display advertising business and sales force. Yahoo! will innovate and “own” the user experience on Yahoo! properties, including the user experience for search, even though it will be powered by Microsoft technology. Microsoft will compensate Yahoo! through a revenue sharing agreement on traffic generated on Yahoo!’s network of both owned and operated (O&O) and affiliate sites. Microsoft will pay traffic acquisition costs (TAC) to Yahoo! at an initial rate of 88% of search revenue generated on Yahoo!’s O&O sites during the first 5 years of the agreement. Yahoo! will continue to syndicate its existing search affiliate partnerships. Microsoft will guarantee Yahoo!’s O&O revenue per search (RPS) in each country for the first 18 months following initial implementation in that country. At full implementation (expected to occur within 24 months following regulatory approval), Yahoo! estimates, based on current levels of revenue and current operating expenses, that this agreement will provide a benefit to annual GAAP operating income of approximately $500 million and capital expenditure savings of approximately $200 million. Yahoo! also estimates that this agreement will provide a benefit to annual operating cash flow of approximately $275 million. The agreement protects consumer privacy by limiting the data shared between the companies to the minimum necessary to operate and improve the combined search platform, and restricts the use of search data shared between the companies. The agreement maintains the industry-leading privacy practices that each company follows today. 8 Best WordPress Hosting Solutions on the Market frederic lardinois Why Tech Companies Need Simpler Terms of Servic… A few months from now, Yahoo’s search engine will be “powered by Bing.” After months of back and forth between Microsoft and Yahoo, the two companies finally announced a deal today that will bring Microsoft’s search engine to Yahoo’s properties, while Yahoo will become the sales force for both companies’ premium search advertisers. Barring any roadblocks from industry and government regulators, this deal will grant Microsoft an exclusive license to Yahoo’s core search technologies for 10 years. Yahoo expects that this deal will increase the company’s cash flow by about $275 million.Microsoft Gains Market Share for Bing, But What’s in it for Yahoo?At its core, this agreement means that Yahoo has given up on its search engine business. Microsoft will be able to increase its market share in the search engine and search advertising market. Yahoo will receive revenue from Bing searches generated on Yahoo’s sites and become “the exclusive worldwide relationship sales force for both companies’ premium search advertisers.” What remains to be seen, though, is what will happen to Yahoo’s investments in interesting search technologies like BOSS and Search Monkey. Integrating these technologies, which are tied to Yahoo’s search engine, could prove rather difficult for Microsoft. We will also have to wait and see what’s going to happen to Yahoo’s search APIs.If anything, the Yahoo Search team will probably not be too happy to hear Yahoo suggest on its blog that Yahoo used to offer a “great” search experience but that Bing will offer an “awesome” one. In a call earlier this morning, Yahoo CEO Carol Bartz announced that some employees from the Yahoo search team will move to Microsoft, while others will move to the display business.Creating Competition for GoogleAs we pointed out before, we think Bing is a worthy competitor to Google’s search engine, which both Microsoft and Yahoo try not to mention in all their press materials but whose shadow obviously looms large over this deal. Advertisers aren’t likely to spend a lot of money on a search engine that only commands less than 10% of the market, but once combined with Yahoo Search, Bing could easily reach 20% or more. At this point, advertising on Bing becomes far more interesting.In a taped video statement Microsoft’s CEO Steve Ballmer argues that the agreement will bring choice back to consumers (a Silverlight version is embedded below, a WMV version is available for download here). We can’t help but note that consumers always had lots of choices with regards to search engines – in the past, most just didn’t make the choice Ballmer would have preferred.It’s important to note, though, that neither Microsoft nor Yahoo seem to have worked out all the details of this deal, and that users won’t see any changes before early 2010. The companies expect the agreement to be reviewed by industry and government regulators before this.The DetailsHere are the details of the search/ad pact between the two companies, according to this morning’s press release:last_img read more


Rep Price hosts local first responders in Michigans Capitol building

first_img10Sep Rep. Price hosts local first responders in Michigan’s Capitol building PHOTO CUTLINE: State Rep. Amanda Price, R-Park Township, hosted Captain Valerie Weiss of the Ottawa County Sheriff’s Department and Chief Kurt Gernaat of the Blendon Township Fire Department at the state Capitol for a ceremony honoring local heroes. First responders and soldiers from across Michigan were welcomed by legislators to attend a ceremony to mark the anniversary of terrorist attacks that shook the United States in 2001. The names of 14 first responders and servicemen from Michigan who died in the line of duty during the past year were read during the ceremony. Also pictured: state Rep. Roger Victory, R-Hudsonville, and Sergeant Jeff Steigengei.### Categories: Newslast_img