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Hotels Hold Pricing Power Against Airbnb

Amid Airbnb’s robust supply growth, hotels have largely maintained compression nights and rate growth, new research from STR shows. While Airbnb and hotel occupancy were generally highest in the same markets, hotels achieved significantly higher occupancy levels. For more findings, click ...

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My Place Hotels to Build Presence in Salt Lake City

My Place Hotels to Build Presence in Salt Lake City

WEST JORDAN, Utah—My Place Hotels will soon double its presence in Salt Lake City’s metropolitan area only 10 months after making its debut in the heart of Salt Lake Valley. West Jordan’s newest hotel is located in the Jordan Landing ...

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The Williamsburg Hotel Opens

The Williamsburg Hotel Opens

NEW YORK—The Williamsburg Hotel opens its doors with a warm welcome to guests and locals alike in the heart of Brooklyn’s vibrant neighborhood. Located at the prime corner of Wythe Ave and North 10th St., this eight-story, 150-room Heritage Equity ...

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The Shifting Management Landscape

The Shifting Management Landscape

The hotel management business is fundamentally changing, according to Euan McGlashan, co-founder and managing partner of Valor Hospitality Partners. It’s more common today for management companies like Valor to align themselves with large equity group that are actively buying, selling, ...

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Forbes Travel Guide Releases Luxury Trend Report

Forbes Travel Guide Releases Luxury Trend Report

Forbes Travel Guide’s team of anonymous inspectors constantly travel the globe gathering firsthand knowledge of the latest innovations and service enhancements at the world’s finest properties. These observations are critical to the company’s exclusive set of 890 objective standards, the ...

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