Wednesday, June 11, 2008

Kimpton to invest recently closed fund in fourth Chicago hotel

SAN FRANCISCO (May 28, 2008) - Kimpton Hospitality Partners II, which recently closed a $246 million equity fund, announced this week it will in invest in the development of a new Hotel Palomar Chicago, the fourth hotel for Kimpton in Chicago. The newly constructed, full-service hotel, being developed in a partnership with The John Buck Company, will be the eleventh Hotel Palomar in the Kimpton collection of boutique hotels.
 
Scheduled to open in the fall of 2009, the 35-story, mixed-use tower will be located at 505 North State Street in Chicago's North Bridge district, two blocks west of the "Magnificent Mile" area of North Michigan Avenue. Above the hotel will be approximately 121 luxury corporate housing units operated by Bridgestreet Corporate Housing.
 
"Chicago has been such a great market for us since opening our first property there-Hotel Allegro-in 1998," said Kimpton CEO and President Michael Depatie. "Choosing to invest a  part of our own discretionary fund here is a  testament to this city which has proved to be a great market base for our product."
 
North America's largest and most established player in the boutique hotel segment, Kimpton already operates three other properties in Chicago including Hotel Monaco, Hotel Burnham and Hotel Allegro, which is currently undergoing a multimillion dollar makeover. Kimpton manages a total of 43 boutique hotels in the United States and Canada, with another 18 under development and scheduled to open in the next three years.
 
Hotel Palomar Chicago's front entrance and lobby will be predominantly visible on State Street facing an outdoor plaza shared with the adjacent office building. The hotel will feature 261 state-of-the-art guest rooms including 20 suites with one large presidential suite. The street-level, chef- driven restaurant and bar will be located at the corner of State and Illinois streets, and will feature additional outdoor terrace seating.
 
Based upon the results of more than 100,000 surveys conducted by the Harris Interactive, the 2007 Market Metrix Hospitality Index survey, recently ranked Kimpton the highest in customer satisfaction-exceeding all industry competitors and such luxury brands as The Ritz-Carlton, Four Seasons and Peninsula Hotels.
 
 Pioneering the boutique hotel movement for the past 27 years, Kimpton continues to define the fast-growing segment and has earned a reputation for its innovative and personalized approach to hospitality, providing a comfortable, one-of-a-kind experience for guests based on special attention and dedication to individuality in design, service, unique programs and amenities.  For more information about Kimpton visit www.kimptonhotels.com or call 1(800) KIMPTON.
 
ABOUT KIMPTON
San Francisco-based Kimpton Hotels & Restaurants is the first and leading collection of boutique hotels, throughout the United  States and Canada. Founded in 1981 by Bill Kimpton, every Kimpton hotel features personalized guest services, comforting in-room amenities, specialty rooms and suites, and provides a range of exciting culinary experiences through affiliated top-rated destination chef-driven restaurants. Kimpton takes pride in its commitment to social responsibility and leads the hospitality industry in ecological practices through its innovative EarthCare programs. Privately held, Kimpton received the highest ranking in customer satisfaction by the Market Metrix Hospitality Index for the entire year of 2007, exceeding all others in the upscale hotel segment. Among the company's newest properties is the Hotel Monaco Alexandria and Jackson 20 restaurant in Virginia, which opened in January 2008.  Additional projects are underway in Los Angeles, New York, Florida, Philadelphia and Virginia. For more information, please visit www.KimptonHotels.com or call 1-800-KIMPTON.

###

Contact:
Casey Adams
Allison & Partners
2 Pyramid Plaza
505 Sansome Street
Seventh Floor
San Francisco,  CA 94111
415-277-4928 (direct)
510-672-4606 (cell)
415-217-7503 (fax)
www.allisonpr.com

Monday, April 14, 2008

MINUTES: 2007 Summer Session

TRB 2007 SUMMER CONFERENCE: Pricing Outreach Subcommittee [ABE25(1)]

Renaissance Chicago Hotel; Monday, July 9, 2007; 10:00-11:45 a.m.

Summary Minutes

Attendees:

Elizabeth Bent, Kiran Bhatt, Ken Buckeye, Jeff Buxbaum, Rizwan Choudri, Patrick DeCorla-Souza, John Doan, Max Donath, Daniel Dornan, Damon Fordham, David Forte, Mark Fowler, Allen Greenberg, Robin Grier, Gary Groat, Ashad Hamideh, Roger Herz, Naveen Lamba, Adeel Lari, David Luskin, Jack Opiola, Randy Mullett, Lee Munnich (by phone), Mark Muriello, JungEun (Jen) Oh, Tyler Patterson, Justin Peters, Murali Ramanujam, Deborah Redmond, Ed Regan, Michael Replogle, Darrin Roth, Matt Schmit, Andrew Smith, Bill Stockton, Myron Swisher, Pete Teigen, David Ungemah (by phone), Joyce Wenger, Johanna Zmud

Introductions
Mark welcomed everyone to the meeting, thanked them for coming, and explained that he would be filling in for Lee Munnich.  Introductions followed.
 
Approval of Minutes of January 2007 TRB Annual Meeting
Minutes were approved with no amendments.
 
Update from TRB staff
Martine Micozzi was unavailable for an update, but attended the full committee meeting and provided an update there.


By: Hotels Doubletree Hotel Chicago Hotels

Much has recently been written about the pros and cons of booking a hotel online via one of the many hotel booking engines and / or direct via a hotel’s own web site.

Travelling to Paris ? A simple google search on “Paris hotels” will give you thousands upon thousands of online agencies to choose from. It is overwhelming and where do you start ? And which company is reputable ? Do they want pre payment ? Are there hidden fees ? Can I speak with a person to discuss my travel requirements ?

To Book or not to Book ?

The question every traveller asks is ” where do I book this hotel ” ” who has the best rate” and “who will give me the best service” . Frankly, it can be very time consuming and also giving your personal credit card details online to a company you do not know makes travellers nervous.

Lets face it, today it’s not really about “the best rate” any longer. No one company can guarantee they have the lowest rates because they simply do not know. Even hotels do not know what rates wholesalers are selling their own hotel rooms for ? Otherwise, why would a hotel offer $50 off if you book direct with the hotel or offer a discount if you can find a lower rate at their hotel ? Not even the hotels are in control anymore of their own inventory anymore.

Most online travel services offer approximately the same rates at hotels in most of the popular destinations. A FBT can waste a lot of time in searching to save $10-$15, especially if the trip is long and spread across the world and the FBT has no real idea which hotels to select in each city. Where the hotel is located in relation to where they need to be. Easy if your a booking one hotel in one city, but most often this is not the case.

You can read all the articles saying that travellers are booking hotels direct more now than ever before. Why is this ? Confidence is one reason, and by dealing with a hotel ’s web site directly they think they will get the best rate and service. Well this can be true, but mainly only if the hotel is relatively empty. Ever tried to negotiate with a hotel for some discount or preferential treatment when they are nearly full !! Try to speak with the General Manager or Reservation Manager when the hotel is near full ? Hotels block out the internet free sale service and voice (phone) reservation service via their central reservations when they are near to full capacity. This enables them to manage the last few rooms they have left and get the highest rates possible. Normal practise of supply and demand. But how time consuming is all this for the FBT. Don’t you just want to hand this over to a experience travel planner or alternatively go to one internet web site offering a choice of hotels in one site with the least stringent terms to book.

In addition, you are hearing about top travel bookers entering into a war of promises, gifts, discounts, best rate guarantee or your money back ! Is this what the FBT wants ? If a hotel is offering “best rate guarantee or your money back” then aren’t they overcharging in the first place ? If a booker is offering $50 discount vouchers if you book through them or gift certificates, then where is this coming from ? Someone somewhere has to pay. They will get it back some way. Perhaps in hidden surcharges which are small and not always obvious. Ever seen that amount at the end of the voucher + $12.45 taxes, surcharge, tax recovery ??

Why can’t hotels simply just offer a fair rate, good service and a added incentives to repeat guests, for loyalty ? That is how it used to be. Bookers should lure their customers via a good selection of hotels internationally, good service which means the ability to contact ” a live person ” for advice and assistance and of course good rates with added benefits. What will always prevail is “service” a commodity which has sadly become almost a thing of the past. And “good service” remember that ? is a benefit that will always ensure your customers return. It’s not all about the biggest. Sometimes small is beautiful too. And of course small does not mean less inventory or less in the way of service. Sometime the reverse can be the case.

So back to basics, people who will answer a telephone, not a call centre, not a recorded message ” your call is important to us” how important can that call be if there are only robots there to service the loyal customers. Do we want super supermarkets, super factories to provide our travel services. After all we all know that the bigger the market, the more people will go through , the more products sold and more money made. But in this process it is simply not viable to “care” and spend time on customer “complaints” because in the process of the bigger the better the big companies know they will lose some along the way. But lure them in, sell them in bulk and move on.

So what is it all about then ? Confidence and service ! Time is the one commodity that we are all short of. So we need the confidence in using a broad, all around international service that can offer a good selection of international hotels worldwide, with good rates, and a personalised service that will make all bookings personally for those who do not want to waste the time on a long itinerary to do it themselves, personalised service when things go wrong, help in dealing with the hotels, ensuring all special requirements are met. A service that will always be on call, dealing with a person, not a call centre. Confidence in knowing that the booking will be confirmed with all the special requirements requested and not the worry of arriving at a hotel to find there is no room waiting.

If a FBT visits a city on a regular basis they will most likely select their preferred hotel and stay at the same hotel each time. By now the FBT will know the staff, have a preferred rate, and most likely book direct to the hotel.

However today a FBT can travel the world frequently and often visit cities they may not be familiar with. Here the traveller will most likely try to find a hotel near to the offices/companies they are visiting for convenience. They will then select a hotel based on first location, then budget. They will of course want a five star property at the best available rate. They will most likely select a brand hotel that they are familiar with. To find this hotel they will most probably go to a hotel booking site which offers a selection of hotels in a given city base on location and price.

Remember, if you visit a hotel’s own web site you will of course only see their hotels, so the FBT will not be offered a choice of other good brands. This could then be the reason some well known international hotels are now becoming online travel agents/bookers without declaring their own brand name and of course pointing travellers in the direction of their brands.

So a international hotel booking service that offers you the choices of all major hotel brands and also smaller boutique hotels and at the same time the very important “personal service” is the way to go. But which one ? Some offer a good selection in USA but limited hotels in Europe, Asia and Middle East. Others give a broad selection of hotels worldwide but their conditions are such that pre payment is required, charges for changes and some cancellation terms are strict. So whilst a FBT may feel more confident booking direct via a hotel’s own web site, they still want the choices of all the hotel brands.

Is there a international hotel reservation service which offers choice to the FBT, and is not linked to a hotel or large travel conglomerate:

Can you find:

  • a choice of all international hotel brands from 2* to 5* in almost every city in the world ?
  • the ability to view the hotels and still be able to via the hotel’s own web site or the hotel’s
  • selected booking service, offering the same inventory as the hotel’s own web site ?
  • book a hotel without pre payment ?
  • book as many destinations, rooms as required at one time ?
  • amend bookings at no charge, and with no limit to the number of changes ?
  • use the personalised service for special requests, assistance, a complaint and deal with a qualified person, not a call center, and no you are dealing directly with the company ?
  • have confidence in using a company that has been servicing FBT for over 25 years and is recognised in the industry ?
  • search for international airlines, schedules and get quotes immediately ?
  • book rental cars worldwide from a broad selection of international car rental companies ?
  • find the best quotes on a range of travel insurance for worldwide and domestic trips ?
  • have all your bookings controlled by one person who will retain all relevant information/confirmation numbers
  • car transfer information and action your unique travel needs i.e. late check / early arrival etc.
  • The company is Association of Business Travellers (ABT) www.abt-travel.com

    ABT has been servicing travellers for over 25 years with a membership base of over 55,000 frequent international business traveller. The ABT concept is to provide personalised service, savings at hotels worldwide plus additional benefits and incentives for its members - the frequent international business traveller. Members join on a annual membership basis to enjoy special rates at partner hotels.

    Become a full member and enjoy extra services like tracing lost luggage, receiving a personalised membership card, receiving personalised hotel check in stickers (save time filling in those hotel registration forms each time. The check in stickers contain all your personal information and are self adhesive, just fix it to the registration form and sign! Members can book airport transfers, enjoy automatic enrolment in the ABT Bonus Point Programme, offering leather travel goods as gifts redeemed by simply booking your hotels via ABT.

    If you prefer not to join as a full member, you can still enjoy the ABT hotel reservation services and book your hotels with the confidence that you will be getting the best available rates and often even a complimentary upgrade at no charge. No pre payment and no hidden fees. You do not need to become a member for this service alone.

    Written by:
    Luisa Parker
    Travel Editor

    Sunday, April 13, 2008

    Room With an Anti-View: Uninspiring at Palmer House Hilton Chicago

    3/20/2008 at 9:30 AM 0 Comments - Add Yours --
    Tags: Anti-View, Hyatt Hotels, Chicago Hotels

    You know the scene. You open the door to your brand new hotel room, run over to the window, open the blinds and bam, you are hit with the anti-view. Maybe you are looking down a dirty alley, witnessing a drug deal, staring at an air shaft in the face, or seeing a brick wall. Whatever you are viewing it is not extremely pleasurable. Help out your fellow hotel mavens by uploading your anti-views to the HotelChatter/Flickr photo pool, or by sending the photo along to us. Remember to tell us the name of the hotel and the room number with the not-so-easy-on-the-eyes view.

    And today's award for an unspectacular, dreary view out of a hotel room window goes to: Palmer House Hilton Chicago. A Flickr photographer who goes by the name of scaryspice was sarcastic enough to describe this view with the phrase "amazing isn't it ..." and we agree: amazing that the buildings here which actually are potentially quite beautiful just end up looking so drab when you see them up too close.

    [Photo: scaryspice]

    Saturday, April 12, 2008

    Hotel High Tea Death Match: The Ritz-Carlton Greenhouse Trumps The Drake

    3/20/2008 at 3:11 PM 0 Comments - Add Yours --
    Tags: High Tea Hotels, Ritz-Carlton Hotels, Chicago Hotels, Four Seasons Hotels

    [Ed. Note: Hotel Maven and High Tea enthusiast JetSetCD gives us her recommendation for Chi-town's finest tea hour. Enjoy.

    Indeed the master of the Chicago institution of Hotel High Tea is, surprisingly, not The Drake. Only a few blocks away and tucked just off Michigan Ave sits the Ritz Carlton (which is actually a Four Seasons property), and at its 12th Floor Greenhouse you can expect the best High Tea in the Windy City.

    Set at $27 per person for a complete service of seasonal pastries and choice of tea, they also offer a selection of rare and iced teas for a little extra $.

    The Ritz Carlton service absolutely requires reservations, as the seating is true English style in arrangements of plush floral-print chairs and couches around a quiet fountain, and the staff is strict on the number in your party so as to seat you best. Settle in and you'll note the Frette linens, Wedgwood China, and silver service stamped with the Ritz Carlton insignia.

    No skimping on the "proper way" here.

    Friday, April 11, 2008

    John Legend Hearts the James Chicago's Penthouse Loft

    4/07/2008 at 3:26 PM 2 Comments - Add Yours --
    Tags: John Legend, Celebrity Scoop, Hotel News, Sweet Suites, Chicago Hotels

    Now we know where Grammy-award winning R&B singer John Legend likes to stay in Chicago-- The James.

    The singer was in town for the Common Threads' World Festival--a foodie sort of extravaganza--over St. Patty's day and dug his digs in the hotel's penthouse loft so much that he came back for a repeat stay on Thursday.

    And what successful recording singer with tons of cash wouldn't love the 1,400sq.ft. penthouse loft which features two bedrooms, a living and a dining room, plenty of plasma TVs and killer views? Perhaps the cost of $2,500 would scare us regular folk away but apparently not John Legend.

    Now we wonder--will he pass on the hotelrecommendation to his friend Kanye West?

    Thursday, April 10, 2008

    Annual dinner will feature Mike Ditka

    The Better Business Bureau of Chicago & Northern Illinois will hold its 81st annual dinner meeting on Thursday, March 27 at the Hilton Chicago Hotel. Headlining the program this year will be well-known businessman and TV football analyst Mike Ditka, who will be the featured speaker.

    Mike Ditka will speak on the BBB's vision to enhance and support an ethical marketplace where buyers and sellers can trust each other. In addition, he will discuss the BBB mission of being the leader in advancing marketplace trust and the fact that ethical business is good business are especially important in the current economic climate.

    The BBB during its annual business meeting will highlight an increase in services to business and consumers of 15 percent in 2007 and an over 700 percent increase in just the last seven years. Also an increase in complaints was seen last year and that was 18 percent over the previous year. We have helped consumers and businesses settle almost 80 percent of those. In addition, a new BBB national branding campaign resulted in the updating of the logo and standardizing of the materials throughout the international BBB system.

    The 81st annual meeting will be emceed by Anna Davlantes, NBC 5 Chicago news anchor and reporter, with the dinner followed by the awarding of the coveted Torchbearer of the Year Award to Howard Medley, president of Medley Moving and Storage. Medley is a veteran member of the BBB Board of Directors with over two decades of service and will accept this award, which is presented annually by the BBB to recognize the efforts of an individual business leader in our community.

    The BBB Torchbearer Award honors an individual that makes a demonstrable effort to promote ethical business practices while assisting the BBB in its self-regulating work.

    Several other award presentations will be made. The Diogenes Award for Excellence in Media twill be given to Lisa Parker to honor her exceptional work on the Target 5 segment of the NBC News, which helps to educate consumers in our community. We have worked together on dozens of consumer issues since 1996 and I have found Lisa Parker to be most supportive of the BBB mission and especially effective in educating the public on companies with questionable business practices.

    Also recognized at the meeting will be Kevin Wendorf as Arbitrator of the Year for the BBB. Wendorf's efforts are being recognized for his volunteering to do volume arbitrations and his ability to author thoughtful decisions in very difficult cases.

    In addition, Charter One Bank will serve as presenting sponsor of this year's event. Bronze Sponsors are ABT Electronics, ComEd (An Exelon Company), Grant's Appliances TV & Audio, HSBC, R.H. Donnelley, The Pampered Chef, Ltd. and many other dedicated supporters.

    The BBB services are available at www.bbb.org or by calling (312) 832-0500.

    Steve Bernas, president and CEO of the Better Business Bureau, welcomes comments and questions via e-mail at: steve@chicago.bbb.org