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On the Move: This Week’s Comings & Goings

On the Move: This Week’s Comings & Goings

CHMWarnick has appointed Maxine Taylor senior vice president of asset management. In her new role, Taylor will oversee asset management operations from the company’s new San Francisco office. Prior to rejoining CHMW, Taylor held the positions of executive vice president ...

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Slow Growth Challenges U.S. Hotel Margins

Slow Growth Challenges U.S. Hotel Margins

NEW YORK—Hotel RevPAR will turn negative in the second half of 2017 as weak corporate and decelerating group demand challenge asset owners looking to offset expense growth, Fitch Ratings says. While lodging companies have cited relative leisure strength as an ...

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Thanksgiving Travel to Rise Nearly 2 Percent

This year’s Thanksgiving travel will reach a 9-year high, according to AAA. The company is forecasting that 48.7 million Americans will travel 50 or more miles away from home—a 1.9 percent increase. The increase could be attributed to economic improvements ...

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Expedia’s Hotel Search Service Trivago Plans IPO

Trivago, the hotel search platform majority held by Expedia, filed yesterday for an initial public offering of up to $400 million. In July, Expedia’s Chief Executive Dara Khosrowshahi told investors that it was agreed Trivago would be valued as a ...

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Hoteliers Foresee Ups, Downs of Trump Presidency

A week after the presidential election, hoteliers are considering the industry’s future. Across the board, it seems to be agreed that uncertainty is in the air, and it is difficult to gauge what will happen before Trump is inaugurated in ...

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