The Sheraton Yankee Clipper Hotel, which is located in Ft. Lauderdale, Florida, is holding a special “Roll back the Clock” room deal to commemorate the hotel’s 50th anniversary.

According to the Directorate General of the Budget, Accounting and Statistics, prices for a night’s stay at a Taiwan hotel rose by about $4 this year when compared to last year.

Unfortunately, the occupancy rate is suffering. In a bit of irony, the occupancy rate is down 4 percent, which is almost the exact increase of the rates this year.

In 2005, a couple of twenty-something entrepreneurs created a company, in CitiStay, to build what they believed would be a new line of hotels that will better serve travelers in the 18-39 age group.

The New York based CitiStay Hotels LLC is finishing up their first hotel, which will be opened early 2007 in Miami’s South Beach.

According to a report from Al-Bawaba, the Four Seasons Hotels plans to open a new property at The Pearl-Qatar in Qatar.

The new property will feature 350 hotel rooms and will cater to the luxury market. It will be located in the Porto Arabia district.

This new property will be the Four Seasons’ second in Qatar, which puts Qatar on a special list of the few countries with multiple Four Seasons properties.

The Grand Hotel in Alabama, which was damaged in Hurricane Katrina, will be reopening at 5:30 a.m. Wednesday.

The Grand Hotel is owned by Marriott and was damaged in August 2005 when Hurricane Katrina came smashing ashore.

“We’ve spent million of dollars putting it back exactly like it was,” said David Clark, the general manager of the Grand Hotel Marriott Resort. $50 million was spent on the renovation.