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Fitch Ratings Predicts Twilight of Upcycle

Fitch Ratings’s mid-year lodging outlook shows the U.S. lodging industry approaching the twilight of an upcycle that began in 2009, with positive RevPAR increases in the last 68 months. Lodging demand growth is declining, but U.S. GDP is accelerating. To watch ...

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How Will Overtime Rule Impact Hoteliers?

Today, it was announced that millions of more Americans will qualify for overtime pay under a final Labor Department regulation. According to The Wall Street Journal, the rule will increase the annual salary threshold that typically determines who qualifies for ...

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Hotel Equities Cuts Ribbon on Residence Inn Lake Charles

Hotel Equities Cuts Ribbon on Residence Inn Lake Charles

ATLANTA, Ga.—Atlanta-based Hotel Equities recently held a ribbon-cutting and grand opening celebration for the Residence Inn by Marriott Lake Charles. Hotel Equities is the management company for the hotel that is owned by the Lake Charles-based BDK Associates. Brandon Heidkamp ...

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Chinese Travel to U.S. Accelerates

Nearly 5 million Chinese travelers are forecast to visit the U.S. each year by 2020, with an annual growth rate of about 13 percent during the next five years, making China the largest international source market for the U.S., excluding ...

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Is Consolidation the New Norm for Boutiques?

Consolidation in the boutique and lifestyle hotel space has been gaining traction ever since InterContinental Hotels Group acquired Kimpton Hotels & Restaurants in early 2015 for $430 million. Since then, Commune Hotels & Resorts—the product of a 2011 merger between ...

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Best Western

Best Western

Unlike a traditional franchise operation, Phoenix-based Best Western International is a membership association that brings independent hotel owners together to promote their properties and increase profitability. Last year, the company launched Vīb, a boutique concept focused on convenience, technology, and ...

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