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U.S. Millennial Travelers Prefer Hotels Over Homesharing

U.S. Millennial Travelers Prefer Hotels Over Homesharing

NEW YORK—According to a new report on the future of U.S. Millennial travel, U.S. travelers between the ages 20 and 36 prefer full-service hotels to a homesharing or owner-direct rental service like AirBnb. Resonance Consultancy—a real estate, tourism, and economic ...

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HotStats Report: U.S. Hotels End 2017 with Strong Growth

HotStats Report: U.S. Hotels End 2017 with Strong Growth

Demand from the commercial segment fell away during the end-of-the-year holidays, and U.S. full-service hotels recorded one of the lowest GOPPAR levels of 2017. Yet despite that, hotels still achieved one of the strongest year-over-year increases in profit per room in ...

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Terrapin Investments Buys Two Glenwood Springs Hotels

Terrapin Investments Buys Two Glenwood Springs Hotels

Denver, Colo.—HREC Investment Advisors has arranged the sale of the 65-guestroom Holiday Inn Express and the 70-room Hampton Inn, both located in Glenwood Springs, Colo. Terrapin Investments and Management Corp bought the properties and will also manage the hotels. Both hotels ...

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Microfiber Cloths

Microfiber Cloths

Microfiber cloths are made from fibers smaller than a strand of silk. Oftentimes, they are a blend of polyester and polyamide (nylon) that are combined in such a way that the fibers split, creating more fibers per surface area with ...

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