Home / Author Archives: Lodging Staff (page 18)

Author Archives: Lodging Staff

Feed Subscription

On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Outrigger Enterprises has announced the appointment of Paul K. Richardson as executive vice president and chief operating officer responsible for the company’s global operations spanning the Asia Pacific, Oceania, and Indian Ocean regions. Richardson will oversee direct strategic operational leadership ...

Read More »

Fitch: U.S. Lodging in Twilight of Latest Upcycle

Fitch: U.S. Lodging in Twilight of Latest Upcycle

NEW YORK—The U.S. lodging industry is in the twilight of the current upcycle, according to Fitch Ratings. The recovery is now the second longest on record, with trailing 12-month (TTM) RevPAR positive for 68 consecutive months. Fitch is not forecasting ...

Read More »

Sage Hospitality Announces The Elizabeth Hotel Development

Sage Hospitality Announces The Elizabeth Hotel Development

FORT COLLINS, Colo.—McWhinney, a Colorado-based national real estate development company, and Sage Hospitality, a national hotel developer and operator, have announced The Elizabeth Hotel as part of a new downtown development currently in progress at 354 Walnut Street in Fort ...

Read More »

Kohlberg Acquires Interstate Hotels & Resorts

Kohlberg Acquires Interstate Hotels & Resorts

ARLINGTON, Va. and NEW YORK—Kohlberg & Company, a private equity firm headquartered in New York, has acquired Interstate Hotels & Resorts from Thayer Lodging and Jin Jiang International Hotels. The transaction provides Interstate with a new strategic partner and positions ...

Read More »

HVS’s Bill Sipple Dies

Bill Sipple, executive managing director of HVS Capital Corp., died on April 24. A graduate of the School of Hotel Administration at Cornell University, Sipple held previous positions with Ramada, Starwood, and Carlson before becoming executive managing director at HVS ...

Read More »

Online, Mobile Bookings Strengthen Hotel Performance

Online, Mobile Bookings Strengthen Hotel Performance

NEW YORK—Hotel industry performance is strengthening, with Q1 2016 revenue per available room (RevPAR) increasing 1 percent year-over-year, fueled by online and mobile bookings. According to data from TravelClick’s North American Distribution Review (NADR), bookings through online travel agents (OTAs), ...

Read More »
Scroll To Top