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Hurricane Season 2018: Tips to Protect Properties

Hurricane Season 2018: Tips to Protect Properties

The 2017 Atlantic hurricane season showed the hospitality industry just how much damage these massive storms can create. The cost of damage caused by hurricanes and tropical storms has increased during the 10-year period between 2007 and 2017, according to ...

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Castell Project Debuts Inaugural Women Speakers in Hospitality List

Castell Project Debuts Inaugural Women Speakers in Hospitality List

ATLANTA—Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, announced its inaugural Women Speakers in Hospitality (WSH) list of female hoteliers and hospitality real estate executives with the ...

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La Quinta-Wyndham Merger Expected at the End of May

La Quinta-Wyndham Merger Expected at the End of May

IRVING, Texas—La Quinta Holdings Inc.’s Board of Directors has approved the spin-off of CorePoint Lodging in connection with previously announced plans to merge with Wyndham Worldwide. The board approved the distribution to its stockholders of all of the outstanding shares ...

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Top Franchise Companies and Brands in the U.S. Construction Pipeline

According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are: Marriott with 1,383 projects/177,926 rooms Hilton with 1,337 projects/149,075 rooms IHG with 923 projects/94,296 rooms These 3 ...

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10 Lodging Investment Trends and Challenges in 2018

10 Lodging Investment Trends and Challenges in 2018

The Lodging Industry Investment Council (LIIC) released its annual survey of the think tank’s members and developed a list from the results that highlight major hotel investment opportunities and challenges for the coming year. More than half of the hotel ...

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Mumford Company Closes Seven Transactions

Mumford Company Closes Seven Transactions

Newport News, Va.—Mumford Company, a full-service hospitality brokerage advisory firm, announced it has closed seven transactions involving properties across the United States in the last few weeks. The hotels—located from Montana to Virginia—all sold in individual transactions and represent a ...

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