Tag: Inn

How to safely stay at a hotel, motel or Holiday Inn

 <span class="copyright">(Ross May / Los Angeles Times; Getty Images)</span>
(Ross May / Los Angeles Times; Getty Images)

There’s no place like home. But with care, you can reduce the risks that come with spending a night in a hotel or motel. Half of the battle occurs before arrival, when you choose a location, then choose a room. The other half comes with your decisions and actions on the scene.

  • Whether you’re staying in a fancy hotel or a budget motel, ask for a room with windows that open. A patio or a balcony is a plus too. A door that opens directly to the outdoors means you don’t have to navigate the lobby or use the elevator.

  • On arrival, wipe down surfaces you know you’ll be using, such as light fixtures and doorknobs. The fewer objects you touch, the better. In the halls and staircases, don’t touch handrails unless you feel unsteady. Don’t take an elevator unless you have it to yourself.

  • No maid or housekeeper should enter your room between your first night and your second. Chances are that management will tell you that upfront. I also say no to housekeeping after the second or third night. If you need towels, collect them at the desk.

  • Don’t linger in the lobby. If you’re staying someplace upscale, expect sanitation performances every 30 to 60 minutes. This is when employees spray or wipe down the furniture with disinfectant or hit it with ultraviolet light. In Honolulu a few weeks ago, my hotel put all the lobby seating behind crime-scene tape so guests couldn’t hang out.

  • Consider staying in a chain hotel or motel. Chain hotels often have less character. But they often have more uniform cleaning standards than independents, along with more resources and perhaps more accountability.

  • Many hotel chains are big on touchless transactions. If you’re not tech-inclined, this means you’ll need to improve your cellphone skills. Before long, you will use your phone as your room key. Many Marriott and Hilton hotels were transitioning to that before the pandemic.

  • Before this year is over, you may order a restaurant meal or hotel room service without touching a paper menu. Instead you’ll use your phone’s camera to read a QR code that will take you to an online menu.

This story originally appeared in Los Angeles Times.

Source Article

Continue reading

Two charged after Brantford police called for armed man at Comfort Inn hotel

Two Brantford men are facing firearm charges after police were called about an armed man at a hotel Thursday afternoon.

The incident near King George Road and Wood Street sent St. Pius X School into hold and secure as a precaution as police investigated, Brantford police said.

Police were called to the Comfort Inn around 1 p.m. for a report of an armed man. On scene, officers evacuated the hotel and around 2:20 p.m. arrested two men. A gun and ammunition where seized.

Two Brantford men — a 32-year-old and a 34-year-old — face charges of possession of a firearm, possession of a firearm while prohibited, careless storage of a firearm, weapons dangerous to the public peace and carrying a concealed weapon. The 32-year-old faces an addition charge of failing to comply with a court order.

Source Article

Continue reading

Leaf Inn hotel in Whitfield becomes Holiday Inn

The former Leaf Hotel Dover, in Whitfield has been rebranded the Holiday Inn, Dover.

The last eight months have seen an extensive overhaul of the hotel by owner Mr Kanagaratnam Rajamenon.

Kanagaratnam Rajamenon of Dover Leaf Hotel has invested in the hotel by rebranding it Holiday Inn
Kanagaratnam Rajamenon of Dover Leaf Hotel has invested in the hotel by rebranding it Holiday Inn

All guest rooms have been refurbished, the public areas totally reconfigured and facilities have been upgraded at the hotel in Singledge Lane.



Among these new facilities are, a Bella Italia restaurant which opened on Monday, October 19, the Junction Bar and Lounge, serving meals, cocktails and Sunday lunches.

A new function room known as the Octagon Suite and the coffee lounge now serving Starbucks coffee.

Mr Rajamenon said: “I am extremely gratefully to our staff and local building teams for their efforts in revitalizing the hotel to give the Dover district a first class hotel delivering a premium service to our guests.”

Mr Rajamenon’s confidence in the district and its opportunities fuelled his drive to invest.

A spokesman said Holiday Inn is responding to the challenges of the second lockdown and adhering to government guidelines.

Take-away services are available at the eateries.

Read more: All the latest news from Dover

Source Article

Continue reading

Summit Hotel Properties Inc (INN) Q3 2020 Earnings Call Transcript

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Summit Hotel Properties Inc (NYSE: INN)
Q3 2020 Earnings Call
Nov 4, 2020, 9:00 a.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Good morning, and thank you for standing by. Welcome to the Summit Hotels Property Inc. Third Quarter 2020 Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded.

[Operator Instructions] I would now like to hand the conference over to your speaker today, Adam Wudel, Senior Vice President of Finance and Capital Markets. Please go ahead.

Adam WudelSenior Vice President of Finance & Capital Markets

Thank you, Sarah, and good morning. I am joined today by Summit Hotel Properties’ Chairman, President and Chief Executive Officer, Dan Hansen and Executive Vice President and Chief Financial Officer Jon Stanner.

Please note that many of our comments today are considered forward-looking statements as defined by federal securities laws. These statements are subject to risks and uncertainties, both known and unknown, as described in our 2019 Form 10-K and other SEC filings. Forward-looking statements that we make today are effective only as of today, November 4th, 2020 and we undertake no duty to update them later.

You can find copies of our SEC filings and earnings release, which contain reconciliations to non-GAAP financial measures referenced on this call on our website at www.shpreit.com.

Please welcome Summit Hotel Properties’ Chairman, President and Chief Executive Officer, Dan Hansen.

Daniel P. HansenChairman, President & Chief Executive Officer

Thanks, Adam, and thank you all for joining us today for our third quarter 2020 earnings conference call. The third quarter was, again, challenging for our industry, as leisure travel continued to serve as the primary demand source. However, we were encouraged by the continued sequential demand improvements, which led to operating results that were considerably better than the second quarter.

RevPAR improved each month of the quarter across our portfolio. And importantly, this trend continued into October, which provided us with some level of reassurance of the sustainability of demand in the weeks following Labor Day, a period of significant uncertainty heading into the quarter.

Occupancy increased each month of the quarter peaking at 47% in September, which led to third quarter RevPAR of $47, a 63.5% decline year-over-year, but that was a significant improvement from the second quarter RevPAR of $23.

Market share gains were substantial, once again, in the third quarter as we finished with 151% RevPAR index, an increase of approximately 39 percentage points compared to the third quarter of last year and an 8 percentage point increase relative to last quarter. These gains reflected tremendous work done by our in-house asset and revenue management teams, along with the tireless efforts of our management company partners to capture the limited demand that currently exist in the market.

We have clearly been successful capturing our fair share of very short term leisure demand, but our results have been further aided by capitalizing on certain unique piece

Continue reading

Summit Hotel Properties, Inc. (INN) CEO Dan Hansen on Q3 2020 Results – Earnings Call Transcript

Summit Hotel Properties, Inc. (NYSE:INN) Q3 2020 Earnings Conference Call November 4, 2020 9:00 AM ET

Company Participants

Adam Wudel – SVP of Finance

Dan Hansen – Chairman, President and CEO

Jon Stanner – EVP and CFO

Conference Call Participants

Michael Bellisario – Baird

Neil Malkin – Capital One Securities

Austin Wurschmidt – KeyBanc Capital Markets

Dany Asad – Bank of America Merrill Lynch

Chris Woronka – Deutsche Bank

Bill Crow – Raymond James

Operator

Good morning, and thank you for standing by, and welcome to Summit Hotel Properties Inc. Third Quarter 2020 Earnings Conference Call. At this time, all participants’ lines are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded [Operator Instructions].

I would now like to hand the conference over to your speaker today, Adam Wudel, Senior Vice President of Finance and Capital Markets. Please go ahead.

Adam Wudel

Thank you, Sarah, and good morning. I am joined today by Summit Hotel Properties, Chairman, President and Chief Executive Officer, Dan Hansen; and Executive Vice President and Chief Financial Officer, Jon Stanner.

Please note that many of our comments today are considered forward-looking statements as defined by Federal Securities Laws. These statements are subject to risks and uncertainties both known and unknown as described in our 2019 Form 10-K and other SEC filings.

Forward-looking statements that we make today are effective only as of today, November 4, 2020, and we undertake no duty to update them later. You can find copies of our SEC filings and earnings release, which contain reconciliations to non-GAAP financial measures referenced on this call on our website at www.shpreit.com.

Please welcome, Summit Hotel Properties, Chairman, President and Chief Executive Officer, Dan Hansen.

Dan Hansen

Thanks, Adam. And thank you all for joining us today for our third quarter 2020 earnings conference call. The third quarter was again challenging for our industry as leisure travel continued to serve as the primary demand source. However, we were encouraged by the continued sequential demand improvements, which led to operating results that were considerably better than the second quarter.

RevPar improved each month of the quarter across our portfolio. And importantly, this trend continued into October which provided us with some level of reassurance of the sustainability of demand in the weeks following Labor Day, a period of significant uncertainty heading into the quarter.

Occupancy increased each month of the quarter peaking at 47% in September, which led to third quarter RevPar of $47, a 63.5% decline year-over-year. But that was a significant improvement from the second quarter RevPar of $23.

Market share gains were substantial once again in the third quarter, as we finished with 151% RevPar index, an increase of approximately 39 percentage points compared to the third quarter of last year, and an 8 percentage point increase relative to last quarter. These gains reflect a tremendous work done by our in house asset and revenue management teams, along

Continue reading

Summit Hotel Properties, Inc.’s (INN) CEO Dan Hansen On Q3 2020 Results – Quick Version Earnings Call Transcript

Summit Hotel Properties, Inc. (NYSE:INN) Q3 2020 Earnings Conference Call November 4, 2020 8:50 AM ET

Company Participants

Adam Wudel – Senior Vice President of Finance and Capital Markets

Dan Hansen – Chairman, President and Chief Executive Officer

Jon Stanner – Executive Vice President and Chief Financial Officer

Conference Call Participants

Michael Bellisario – Robert W. Baird & Co.

Neil Malkin – Capital One Securities, Inc.

Austin Wurschmidt – KeyBanc Capital Markets

Dany Asad – Bank of America Merrill Lynch

Chris Woronka – Deutsche Bank

Bill Crow – Raymond James

Disclaimer: *NEW* We are providing this transcript version in a raw, machine-assisted format and it is unaudited. Please reference the audio for any questions on the content. A standard transcript will be available later on the site per our normal procedure. Please enjoy this timely version in the interim.

Operator

[00:00:05] Good morning and thank you for standing by and welcome to the Summit Hotel Properties Inc third quarter Twenty twenty earnings conference call. At this time, all participants want to listen almost after the speakers presentation, they’ll be a question and answer session. Ask the questions on the session, you need to first start the one on your telephone, please be advised that today’s conference is being recorded. If you require any further assistance, please press star zero. I would now like to hand the conference over to your speaker today. Adam Wudel, senior vice president of finance and capital markets. Please go ahead.

Adam Wudel

[00:00:43] Thank you, Sarah. And good morning, I am joined today by someone Hotel Properties Chairman, President, Chief Executive Officer Dan Hansen and Executive Vice President and Chief Financial Officer John Stanner. Please note that many of our comments today are considered forward looking statements as defined by federal securities laws. These statements are subject to risks and uncertainties, both known and unknown, as described in 2019 form 10K and other SCC filings. Forward looking statements that we make today are effective only as of today, November 4th, Twenty twenty, and we undertake no duty to update them later. You can find copies of our SEC filings and earnings release, which contain Reconciliation’s to non-GAAP financial measures referenced on this call on our website w w w that reads Dotcom, please welcome some hotel properties. Chairman, President and Chief Executive Officer Dan Hanson.

Dan Hansen

[00:01:44] Thanks, Adam, and thank you all for joining us today for our third quarter Twenty twenty earnings conference call, the third quarter was again challenging for our industry as leisure travel continued to serve as the primary demand source. However, we were encouraged by the continued sequential demand improvements, which led to operating results that were considerably better than the second quarter. Rev par improved each month of the quarter across our portfolio. And importantly, this trend continued into October, which provided us with some level of reassurance of the sustainability of demand in the weeks following Labor Day, a period of significant uncertainty heading into the

Continue reading

Summit Hotel Properties (INN) Reports Q3 Loss, Misses Revenue Estimates

Summit Hotel Properties (INN) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to FFO of $0.31 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of 23.08%. A quarter ago, it was expected that this real estate investment trust specializing in higher end hotels would post a loss of $0.20 per share when it actually produced a loss of $0.25, delivering a surprise of -25%.

Over the last four quarters, the company has surpassed consensus FFO estimates just once.

Summit Hotel Properties, which belongs to the Zacks REIT and Equity Trust – Other industry, posted revenues of $52.41 million for the quarter ended September 2020, missing the Zacks Consensus Estimate by 0.17%. This compares to year-ago revenues of $133.69 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management’s commentary on the earnings call.

Summit Hotel Properties shares have lost about 55.3% since the beginning of the year versus the S&P 500’s gain of 2.5%.

What’s Next for Summit Hotel Properties?

While Summit Hotel Properties has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Summit Hotel Properties was unfavorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is -$0.12 on $57.82 million in revenues for the coming quarter and -$0.36 on $244.16 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust – Other is currently in the bottom 9% of the 250 plus Zacks

Continue reading

The Holiday Inn Holidome, the hotel amusement park of yesterday

Indoor pools, recreation facilities and even business centers.



Holiday Inn Holidomes boasted heated pools and mini golf at many of their facilities.


© Provided by CNN
Holiday Inn Holidomes boasted heated pools and mini golf at many of their facilities.

Those are common amenities at many hotels today, but it wasn’t too long ago that they were considered luxuries. One of the first hotel chains in the country to bring those comforts and conveniences to the masses was Holiday Inn.

Beginning in the 1970s, Holiday Inn was looking to reinvent their hotels and further cater to traveling families and business clientele.

Enter the Holiday Inn Holidome: a climate-controlled indoor space that housed everything from tiki bars to shuffleboard. Instead of traveling across the country to a tropical destination, vacationers had to look no further than their own backyard.

It was a minivacation for the family, but it was also a great place to hold business events, said writer and producer Ross Walton, a historian for the University of Southern Mississippi Center for Oral History and Cultural Heritage.



a truck is parked in front of a sign: The iconic Holiday Inn sign frequently accompanied the holidome.


© IHG
The iconic Holiday Inn sign frequently accompanied the holidome.

The large, open space also made a great venue for class reunions and proms. The ability to hold these types of events transformed Holiday Inn into a destination instead of another hotel for travelers to rest their heads for the night.

A solution for swimming pools

One of the first inspirations for the Holidome came out of necessity, said George Falls, who was a vice president at Holiday Inn from 1960 to 1980.

“Swimming pools are just useless, particularly in the North, nine months out of the year or more,” Falls said.

A Holiday Inn in North Dakota built one of the first Holidomes to solve that problem, though it wasn’t called a Holidome until Holiday Inn later adopted the idea at their other hotels. With a large covered space to hold a pool and other amenities, locals could now enjoy swimming in a pool year-round.



a group of people posing for the camera: George Falls cut the ribbon for the opening of the holidome at Holiday Inn of North Platte, Nebraska, in 1974.


© George Falls
George Falls cut the ribbon for the opening of the holidome at Holiday Inn of North Platte, Nebraska, in 1974.

Although the Holidomes were popular in colder states, Walton said Holiday Inn’s most popular Holidomes were in Florida.



a group of people sitting at a table in front of a building: Skylights were built into the ceiling of many holidomes to let natural light in.


© IHG
Skylights were built into the ceiling of many holidomes to let natural light in.

“There’s nothing worse than taking your kids on vacation in Florida and it rains for the whole week,” Walton said. “This is a bit of vacation insurance for a lot of people.”

In the 1970s, Holidomes began sprouting up all around the country. This particular project allowed the franchisee owners a lot of creative freedom, which quickly turned into a competition.

“They were competing with each other to see who could have bragging rights for the biggest Holidome or the most elaborate production,” Walton said.

One such franchisee owner was DeWitt Hardin in White River Junction, Vermont. He opened his Holiday Inn in 1971 and later constructed a Holidome for it, which was completed in 1978.

Unlike the tropical oasis many of the

Continue reading

Holiday Inn hotel group sees revenue fall as Covid-19 keeps people at home

The owner of the Holiday Inn, InterContinental Hotels Group, suffered a sharp drop in revenue in the third quarter as fresh Covid-19 restrictions kept travellers at home.



the tower of the city: Photograph: Naomi Baker/Getty Images


© Provided by The Guardian
Photograph: Naomi Baker/Getty Images

The company, which also owns the Crowne Plaza, Regent and InterContinental chains, reported a 53.4% fall in revenue per available room (RevPAR) in the third quarter.

Around 3% or 199 of IHG’s hotels were still closed at the end of September. The company operates more than 5,900 hotels in about 100 countries.

While the fall in revenue was smaller than the 75% decrease in the second quarter, it is the latest sign that the travel and hospitality industry is still struggling, as a second wave of coronavirus cases this autumn led to fresh restrictions on travel and gatherings.

“As government-mandated closures and travel restrictions partially eased, leisure-related demand led to the rate of RevPAR decline improving in July and August, before weakening in September,” IHG said in its earnings update.

Video: Zoom Growth Booms With 355% Revenue Gain in Second Quarter (Bloomberg)

Zoom Growth Booms With 355% Revenue Gain in Second Quarter

UP NEXT

UP NEXT

Europe was one of the group’s worst-performing regions, with per-room revenue tumbling 72% in the three months to September. That was compared to a 23% drop in China, where occupancy rates have improved to 57% from 32% in the second quarter and less than 10% in February.



the tower of the city: A Holiday Inn in Southampton that was closed in April due to the coronavirus restrictions.


© Photograph: Naomi Baker/Getty Images
A Holiday Inn in Southampton that was closed in April due to the coronavirus restrictions.

IHG and rivals including Premier Inn-owner Whitbread have already been forced to slash costs as a result of lockdown measures imposed earlier this year. IHG is aiming to reduce costs by around $150m by the end of 2020.

However, the chief executive, Keith Barr, reported a slight improvement in overall occupancy levels, which was 44% compared to 25% in the second quarter – thanks in part to domestic travel. “Domestic mainstream travel remains the most resilient, and our industry-leading Holiday Inn brand family positions us well to meet that demand as it slowly returns,” he said.

The company also continued to add new hotels, adding 82 sites and 11,000 rooms to its portfolio. But Barr said he did not expect a quick recovery from the crisis: “A full industry recovery will take time, and uncertainty remains regarding the potential for further improvement in the short term, but we take confidence from the steps taken to protect and support our owners and drive demand back to our hotels as guests feel safe to travel.”

IHG shares were down 2.2% in afternoon trading.

Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said IHG had fared better than many of its rivals, given that it does not own many of its hotels outright, and usually licences brands to hotel owners.

“While it’s offered support to its franchisees through the crisis, not being on the hook for hotel running costs has certainly

Continue reading

North Port Hampton Inn & Suites to host job fair

Earle Kimel
 
| Sarasota Herald-Tribune

NORTH PORT — Hampton Inn & Suites by Hilton is hosting a job fair from 10 a.m. to 3 p.m. today through Saturday to hire staff in anticipation of opening the hotel in early December.

The 100-room hotel at 5664 Tuscola Boulevard will be the first new hotel in North Port since 1973.

“What we’re looking forward to and me specifically, I’m looking forward to bringing people in, putting them to work here in town, getting this hotel open and really providing something for the community,” said General Manager Dan Harrison, who is looking forward to the way the new hotel can help shape the city’s economic development path. “We want to be able to provide jobs, we want people to have a great place to work and a great place to stay.”

The hiring event will be conducted outdoors and follow all COVID-19 social distancing protocols. All attendees must wear masks.

The hotel will be hiring full-time positions for housekeeping, front desk and food and beverage jobs, including people to staff the breakfast service and bartenders.

More: North Port may part ways with embattled city manager

More: North Port is sued for alleged Sunshine Law violation

Medical, dental and vision insurance, a flexible spending account, as well as a 401K, employee travel and vacation, sick and holiday pay are offered.

Most of the interest so far has come from the local community, Harrison said.

That’s no surprise to Virginia Haly, president of Visit Sarasota County, who noted that a lot of people who work in the hospitality industry throughout Sarasota County already live in North Port and could cut their commute to work down to 10 to 15 minutes.

“They’ll have a lot of appeal,” she said.

The anticipated early December opening is welcome news to Haley, too.

“You know how long I have wanted to have a national branded hotel in North Port and it’s almost here!” she said.

Lodgco Hospitality, a Mount Pleasant, Michigan-based family-owned hospitality chain, actually took a bit of a chance in deciding to build in North Port, since traditional economic formulas call for more homes in the area.

But that was somewhat offset when the Atlanta Braves relocated its spring training complex to CoolToday Park in the Wellen Park neighborhoods of the city.

On top of that, the North Port City Commission both crafted an ordinance to allow Lodgco to defer paying city impact fees for up to two years and waived some design standards that may have otherwise pushed construction costs too high for investors.

The four-story hotel is a new prototype for Hilton. Lodgco currently operates three other properties in the area, including a Home2 Suites in Nokomis and Hyatt Place hotels in Lakewood Ranch and near Sarasota-Bradenton International Airport.

More: North Port commission candidates offer visions for future at League of Women Voters forum

One example of a new service available in North Port is that the dining area adjacent to a 12-place bar in

Continue reading