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1. Memphis Consultant Says Airport Area ‘Gone’ for Hotel Development
- Saturday, May 07, 2016
One of the last remaining hotels near Memphis International Airport has sold in foreclosure for the second time in less than five years.
Chuck Pinkowski, a local hotel consultant with Pinkowski & Co., said that a multimillion-dollar renovation couldn’t save the Holiday Inn from a declining hotel market.
2. Homewood Suites Proposed For Vance Area of South Main
- Wednesday, January 06, 2016
A six-story Homewood Suites hotel is the latest new development proposed in the South Main Historic District.
The application to the Land Use Control Board for the hotel at 139 Vance Ave., between Mulberry and Second streets, is from NPH Investments on a lot owned by Henry and Cheri Rudner. The proposed site sits two blocks north of the National Civil Rights Museum and three blocks south of FedExForum.
3. Downtown Agency Looks to Tighten Up Hotel Tax Breaks
- Monday, December 21, 2015
To keep tourists flowing to Downtown, the Center City Revenue Finance Corp. grants tax breaks, or payment-in-lieu-of-tax incentives, for hotel developers. Such readily available incentives have helped create a market with 15 hotels and 3,000 rooms in Downtown Memphis.
4. Memphis Tourism Officials: Limit Hotel Tax Breaks
- Tuesday, July 21, 2015
A wave of Downtown hotel plans has officials pumping the brakes on using public incentives for smaller, limited-service hotels.
With up to a dozen Downtown hotel projects in the development pipeline, the Memphis Convention and Visitors Bureau has asked the Downtown Memphis Commission to explore limiting incentives to large, full-service hotels.
- Saturday, May 30, 2015
In the beginning, there was Splash – the first legal casino in Tunica County following the Mississippi Legislature’s passage of the 1990 law legalizing “dockside” casinos in the state.
6. Fewer Reservations
- Monday, December 30, 2013
The Memphis hotel market is being classified as somewhat sluggish in 2013 because of slower than anticipated convention traffic, but hotels such as the Memphis Marriott East and Downtown’s Madison Hotel reported busier second halves of the year.
7. Room Race
- Saturday, July 06, 2013
To illustrate the stiff competition Memphis faces in landing conferences and conventions because of hotel room capacity available in the city, Memphis-based hotel consultant Chuck Pinkowski points to a formidable foe just three hours away.
8. Imre Named Assistant Controller at Makowsky Ringel Greenberg
- Wednesday, January 23, 2013
Nancy Imre has joined Makowsky Ringel Greenberg LLC as assistant controller. Imre is responsible for the real estate management company’s accounting department, overseeing investor reporting and preparation of corporate financial statements.
9. Memphis Hotel & Lodging Association Elects 2013 Officers
- Wednesday, January 23, 2013
The Metropolitan Memphis Hotel & Lodging Association recently elected its slate of officers to serve in 2013, and the group now ramps up for a busy year, including the 14th annual MMHLA Lodging Industry Update on Feb. 22 at the Hilton Memphis.
10. Room Service
- Monday, February 27, 2012
The good news for the local hotel industry is that last year notched the most rooms ever sold on a daily basis with 4.8 million – 115,628 more than 2010 and 76,780 more than the previous high set in 2007.
11. Binkley Promoted to VP at Boyle
- Wednesday, January 04, 2012
Les Binkley has been promoted to vice president at Boyle Investment Co.
12. Four-Star Forecast
- Friday, December 16, 2011
Recovery continues in the local hotel market, fueled in part by several Downtown luxury hotels that have experienced healthy business in 2011 and anticipate an even stronger performance next year.
Overall occupancy rate year-to-date for all hotels in the Mid-South is 59.4 percent, up from 57.6 percent last year at this time, according to third-quarter statistics from Smith Travel Research. The market’s average daily rate (ADR) has held steady since last year, hovering near $76, while revenue per available room (RevPAR) has jumped to $45.14, up from $43.81.
13. Hoteliers Seek New Identities, Better Branding
- Thursday, October 06, 2011
Several Mid-South hotels are in the midst of rebranding, and more are anticipated through next year.
The hotel rebranding trend has taken off since 2010 and includes reflagging to completely new brands as well as conversions to new identities within the same brand.
14. Summit Touts Return of Demand
- Friday, August 26, 2011
“Demand is back” was the theme at the ninth annual Southern Lodging Summit held Downtown this week at The Peabody hotel and the Memphis Cook Convention Center.
Hoteliers and industry execs gathered for the 2011 Summit, which was organized by the Metropolitan Memphis Hotel & Lodging Association and hotel consulting firm Pinkowski & Co.
15. Reservation Rebound
- Friday, July 29, 2011
The Memphis hotel and lodging market is experiencing increased demand and rising occupancy rates thanks to no new hotel construction and flat supply.
“Memphis is pretty much a mid-scale market, and the market is doing better right now than it was at this time last year,” said Chuck Pinkowski of the hotel consulting firm Pinkowski & Co. “With the improving economic situation, both commercial and leisure travel are coming back.”
16. Hotel Turnaround
- Friday, February 25, 2011
Memphis’ lodging industry officials might be breathing a sigh of relief, as the worst of the hotel industry’s slump seems to be in the rearview mirror.
The feeling coming out of this month’s annual Metropolitan Memphis Hotel and Lodging Association industry update is optimism for a strong 2011, buoyed by increased demand and a lack of new construction.
17. Carriage Crossing Invites Patrons to Eat, Shop - and Sleep - With New Hotel
- Tuesday, November 21, 2006
Collierville used to be a sleepy country town, but it soon will turn into a good place for travelers to get some sleep.
Southern Hospitality LLC plans to begin construction on a 131-room Courtyard by Marriott hotel in early 2007 that will become the third anchor of The Avenue Carriage Crossing outdoor mall in Collierville, the Memphis suburb with an estimated 44,000 residents.
18. Hyatt Place HotelPlanned for Germantown
- Tuesday, October 31, 2006
Plans are in the works for a $22 million, 122-room Hyatt Place Hotel on a 10.8-acre site at Winchester and Forest Hill-Irene roads.
The Silver Cos., which has offices in Washington and
19. A Place to Stay - for Days and Days
- Wednesday, July 12, 2006
An Arkansas-based commercial real estate firm is adding two new hotels to Memphis' real estate landscape. More specifically, they're hotels of the extended stay, quasi-apartment variety.
Whitt Properties Inc. is building seven extended stay properties under the national Value Place brand in four states, two of which will be built in Memphis. One, at Riverdale Road and Tenn. 385, will open later this month. The other, at 5787 Shelby Oaks Drive, will open in early 2007.
20. Hotel Chisca Faces Possible Demolition
- Friday, June 09, 2006
Toward the end of the public tour visitors get to take of Sun Studio, the tour guide punches a button on a large piece of recording equipment, sending the wound-up voice of deejay Dewey Phillips howling through the speakers.
21. Hotel Industry Responds to Winds of Change
- Monday, October 03, 2005
Since it opened in 1907, the opulent Plaza Hotel in New York City has hosted kings and presidents, figured prominently in the novel "The Great Gatsby" and been the setting for such Hollywood productions as "North by Northwest."
22. Archived Article: Calendar
- Monday, November 17, 1997
Nov Nov. 17 The Fayette County Chamber of Commerces West Fayette chapter will hold its Night on the Grow celebration at the Oakland Deposit Bank at 6 p.m. Admission is free. For more information, call 465-8690. Nov. 18 The National Association of Wo...