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Residence Inn Announces Presence in 50 States

Residence Inn Announces Presence in 50 States

BETHESDA, Md.—Marriott International has announced that its extended-stay brand, Residence Inn, now touts a presence in all 50 states due to its latest opening in Wyoming. The growth milestone underscores the brand’s popularity with customers and the hotel investment community ...

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Global Hotel Construction Pipeline Shows Modest Growth

The total global pipeline has 11,547 projects/1,953,784 rooms, up 6 percent by projects and 4 percent by rooms year-over-year (YOY) according to the recent Global Construction Pipeline Trend Report from Lodging Econometrics (LE), who tabulates the Construction Pipeline and Census ...

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Expedia Enables Hotel Bookings on Skype

Expedia has launched a Skype bot, allowing users of the messaging service to make or change aspects of their travel plans. Bot users can search for and make hotel bookings, as well as manage flight or hotel confirmations and cancellations. ...

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Why Lodging REITs Are Back in Style

Lodging real estate investment trust stocks are being tapped as a viable investment option moving forward, with analysts saying that these hotels are attractive in the later stages of the lodging cycle. Their high margins, consistent cash flows, and potential ...

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KSL Officially Closes on Outrigger Acquisition

KSL Officially Closes on Outrigger Acquisition

WAIKIKI, HAWAII—The Kelley family and KSL Capital Partners, LLC (KSL) announced today that an affiliate of KSL has completed the acquisition of Outrigger Hotels and Resorts (Outrigger). The sale includes all of Outrigger’s holdings, including its portfolio of 37 multi-branded ...

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2016 in Review: Hottest Hotel Deals

2016 in Review: Hottest Hotel Deals

It was the buzzword on many hoteliers’ lips this year: Consolidation. When Marriott International officially absorbed Starwood Hotels & Resorts in September to create a 30-brand megamerger, the industry was aflutter over what it could mean for the industry as ...

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