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Hot hoteliers, listen up: Starwood is hiring!
Frits van Paasschen has resigned as president and CEO of Starwood Hotels. Director Adam Aron, 60, has been named the interim CEO while Starwood searches high and low (internally and externally) for Paasschen's replacement.
Paascchen was hired by Starwood in September 2007, despite not having any hospitality experience (he did, however, work on global expansion for Disney, Nike and Coors.) Just last week, Paasschen oversaw the earnings call for Starwood where he announced a new
unnecessary soft brand for Starwood. But despite that bit of news and despite the portfolio growth under Paasschen, Starwood has been underperforming compared to its rivals (cough, Marriott, cough) and thus, the board at Starwood decided it was time for a change.
Officially, Paasschen will "stay on as consultant" (#blessed) during the leadership transition but some of the remarks from his colleagues on his departure are way harsh. You can tell this did not end very well.
It's that time of year again: the 2014 HotelChatter Awards! Today and tomorrow, we'll be showcasing the best (and worst) of hotels over the past year. But we couldn't do it without you! Let us know your thoughts in the comments below, or shoot us an email. And the Award goes to...
Yeah, we said it. Millennials are this year’s hotelier(s) of the year. Why? Because this tech-savvy, design-appreciative, yet penny-pinching generation (which is anyone born after 1980) have been subconsciously dictating the choices hotels and hotel brands are making in their offerings.
Everyone in the hospitality world is out to please the millennials. We only have to look at the proliferation of new hotel brands that came out this year, specifically aimed at Millennials, such as:
Canopy by Hilton Hotels
Hotel Jen (from Shangri-La Hotels)
Vib by Best Western
The Pendry (from Montage Hotels)
Venu (from Jumeirah Hotels)
OE Collection (from Loews Hotels)
HTL Hotels (in Norway)
Hotel Woes / Hoteliers / Hot Hotelier News / Hotel News / Sam Nazarian / Viva Vegas / SLS Hotels / → All Tags
Last August was undeniably the peak of hotelier Sam Nazarian's career. After a few years of stagnancy followed by some fast and furious renovations, the worn down Sahara Las Vegas casino and hotel was set free from its Rat Pack history days and transformed into the modern, design-forward, and frankly, thrilling SLS Las Vegas.
We attended the opening (you can read that coverage here) and even though we knew Nazarian didn't single-handedly breathe new life into a rather depressing end of the Las Vegas Strip, he was the visionary behind everything that is now in place at the resort--from Chef Jose Andres Bazaar Meat restaurant to Philippe Starck's stylish guest rooms, Umami Burger, LiFE Nightclub, Griddle Cafe and a handful of retail boutiques from Fred Segal.
Making the opening night of the SLS more meaningful for Sam was that he and his dad rang in the SLS opening bell in a ballroom where Frank Sinatra and other legends once performed.
But now, those legendary moments are over. At least for Nazarian in Las Vegas.
Stockbridge Capital, the company that owns 90 percent of the SLS Las Vegas to Nazarian's SBE's 10 percent, announced yesterday that Nazarian will no longer be involved in the management of the SLS Las Vegas.
Hotel News / Ian Schrager / Hotel Hype / Hot Hotelier News / Public Hotels / Edition Hotels / Manhattan Hotels / Hotel Development / New York Hotels / → All Tags
When we checked in on Ian Schrager's hotel project at 215 Chrystie Street in the LES last month, we noted that the project was rumored to be a new Public hotel. Turns out those rumors were true as Page Six is reporting that Schrager has just confirmed that it will, in fact, become New York's first Public Hotel. Even though it seemed like forever and a day that we had to wait for the announcement, it actually lines up pretty nicely with Schrager's initial expansion plan (the locations have changed though.).
215 Chrystie St.
But, wait, that's not all. Page Six also reports that plans are already afoot for a second Public Hotel in NYC, located on "the far West Side."
Is this Schrager's new MO? Developing his brands two by two? It was just back in November, after all, that we reported that he was bringing two Edition Hotels to New York City within a year of each other. And what does this mean for London, where an Edition just opened?
But not like we have any complaints. Like the man says: Size doesn't matter.
[Photo: Karen Gardiner for HotelChatter]
It's been close to a year since hot hotelier Ian Schrager lay down $50 million to purchase a community garden at 215 Chrystie Street on Manhattan's Lower East Side. To the casual observer, not much has happened since then, but the Bowery Boogie last week reported that the Schrager had some unpleasant business with the neighbors to tie up first.
Sperone Westwater Gallery, which, as the Bowery boogie cheekily points out, is itself a relative newcomer to the area and "contributor to expedited change in the vicinity", opposed the development on the grounds that the development would negatively affect the character of the neighborhood. The gallery, in a complaint filed in January, said that the Board of Standards and Appeals failed to properly assess the environmental impact of such a large construction, and that the height of the building would hurt the gallery's property by blocking out sunlight.
The Ace put out a statement on their blog today that simply said:
Yesterday Alex Calderwood passed away.
Alex was our teacher, mentor, guru and most importantly our dear friend.
We will miss him.
No more details were given. Calderwood started Ace Hotels in Seattle back in 1999 and went onto to open more locations in Portland, Palm Springs and New York. But it was the NYC hotel that really made the hotel industry take notice of this hipster hotel brand. The Ace NYC has multiple retail shops, the hot Breslin restaurant and Stumptown coffee, along with a lobby scene that just won't quit. The Ace is pretty much responsible for a bunch of copycat hotels coming to the area too.
As Ace continues with its expansion plans (Los Angeles is opening in January, more locations are on the horizon), we wonder how they will move forward without Calderwood's vision guiding them.
[Photo: NY Mag]
Hotel Openings / Hotel News / Edition Hotels / Marriott Hotels / London Hotels / Ian Schrager / Hot Hotelier News / → All Tags
While the opportunity to scope out The London Edition on opening day would have been more than enough to lure us to the city’s Fitzrovia neighborhood last week, there was more: Ian Schrager was there to talk us through his thinking on the hotel, the Edition brand, and collaborating with industry giant Marriott.
Key things we picked up? It takes him mere hours (hours!) after arriving in a city to come up with the overall idea of how his new hotel is going to work. Each Edition will be different, combining the aspects of the building, local geography and customs, and popular culture, but with the same Edition attitude. Aside from London, New York, and Miami, there is Los Angeles, as well as “advanced discussions” in Paris. Over in Asia, Tokyo, Hong Kong, Beijing, Shanghai, Wuhan, and Sanya are all in the pipeline, as well as Bangkok (jenga!) of course. Then there is India and the Middle East on the list. While he is not directly involved in newcomer Moxy, he does offer his opinion if he has one – which we don’t doubt he does. Read on for more.
That Sean MacPherson is a busy man. On top of getting his new hotel, The Marlton ready for its projected grand opening next month, look what else he's been getting up to: shooting ads for Apple's new iPhone.
(He's at the 17-second mark. But if you can't watch it, here's a screen grab)
Andre Balazs may have hit a bump with his planned hotel for the TWA terminal at JFK but he's already got another project lined up--The Riverfront Spa and Beach Club, a new hospitality concept which will debut at the SuperPier complex at West 15th Street in Hudson River Park.
Developer Youngwoo & Associates got final approval from the city this past April to restore and redevelop Pier 57, which was originally constructed in 1957 but has been abandoned since 2003. They are now working on turning the space into a mixed retail spot featuring new and upcoming talent.
Balazs himself gave more details on the spa today to NY Times, saying they are going in the same direction as the Standard Miami spa. The spa and beach club (there will also be a restaurant too) will not be under the Standard brand and sadly, there is no hotel component. But we're quite excited to see Balazs try his hand at doing just a spa.
Aside from Balazs' hotel, SuperPier will also be anchored by a food bazaar; Opening Ceremony the ultra- hip clothing store which will actually feature "Incuboxes”, repurposed shipping containers retrofitted and designed for concept shops; as well as Brooklyn Boulders, a rock-climbing facility.
The SuperPier should open in 2015.
[Rendering: Credit: Pandiscio Co. / QuickHoney ]
TWA Hotel / Hot Hotelier News / Andre Balazs / New York Hotels / New Hotels / Airport Hotels / Hotel Hype / → All Tags
Balazs is currently in talks to transform the old Eero Saarinen-designed TWA terminal at JFK airport into a 150-room hotel. There's just one problem: Saarinen was a giant of the architectural world, and the TWA Terminal was one of his masterworks.
Hot Hotelier News / Sean MacPherson / Eric Goode / Greenwich Village Hotels / New Hotels / Hotel News / → All Tags
It's been a long time since we've heard of hotelier Sean MacPherson working on a new hotel in NYC. But it's true. The man behind The Bowery Hotel and The Jane is working on a new hotel in Greenwich Village to be called The Marlton Hotel. No, not the Carlton. The Marlton which we told you about back in September 2011.
It's been a while since we've heard of hotelier Klaus Ortlieb, the man behind several hip NYC hotels like Cooper Square-now-Standard East Village Hotel, the excellent LES spot, THOR and even the super skinny Gotham Hotel on 46th Street. But at last we've got some new chatter on KO.
We've learned he's taken his hotel magic to Reykjavik in Iceland for the Hlemmur Square Hotel.
The hotel is described as "affordable yet stylish hostel accommodations" but the joint also promises "luxurious hotel rooms" under the same roof. Bu-bu-but how can that possibly be? Well, it just simply is. The hotel explains on their website:
To us it makes perfect sense, we are able to bring a little luxury to the world of hosteling and a bit of that “get to know your fellow man and buy him a drink” feeling to an upscale hotel. Iceland is the best place for it, always willing to experiment with pushing boundaries.