Related's development team includes Hilton Worldwide, Coastal Construction, Catafulmo Construction and Nichols Brosch Wurst Wolfe & Assoc. architecture.

Interval International and Marriott Vacation Club International signed a multi-year agreement that extends the relationship first established in 1990.

Hotel companies have taken a hard look at their balance sheets and are now implementing strategies on how to spend their cash. Executives from Starwood, Rezidor, Jumeirah, Marriott and Hilton talked development at the International Hotel Investment Forum in Berlin.

Asia accounts for more than half of all hospitality industry projects being completed by Hirsch Bedner Associates, with three projects alone in Shanghai.

Diane Morefield, previously CFO of Equity International, will assume her new responsibilities on April 12 in Chicago.

Green takes on many forms in hospitality. For the boutique hotelier, it can be a point of differentiation from powerful brands and other direct competitors.

A survey of 417 European hotel executives by law firm DLA Piper revealed weak industry confidence, with only 2 percent of respondents expecting a sustained upturn this year.

Small real estate footprints in high-cost cities like New York and San Francisco mean conversions are likely the most cost-effective option and financing still remains difficult. But developers who can find a way around these challenges may find opportunities to develop urban timeshare projects that are in demand by new sets of travelers and in a market with very little competition.

Roger Bootle, managing director of Capital Economics Ltd., told attendees at the International Hotel Investment Forum that the world should expect seven "quite profound" consequences of the economic recession.

Hotel investment players warn that issues looming outside the industry could further hamper the recovery.