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Mergers Create Hotel Giants, But Few Are Complaining

Consolidation has been a recurring theme in hospitality in the last couple years. Despite some major deals, such as Marriott absorbing Starwood to create one 30-brand hotel company, antitrust watchdogs have been less concerned about hotel mergers than airlines, banks, ...

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AETHOS Consulting Evaluates Hospitality CEO Performance

AETHOS Consulting Evaluates Hospitality CEO Performance

NEW YORK—Using a proprietary pay-for-performance model, hospitality advisory firm AETHOS Consulting Group has just released its 2016 report evaluating the performance of top CEOs (from the previous year) in the hospitality, travel and entertainment industries. And the results are in: ...

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Hyatt Regency Coral Gables Unveils Renovation

Hyatt Regency Coral Gables Unveils Renovation

MIAMI, Fla.—The Hyatt Regency Coral Gables, the premier business hotel located in the heart of Miami, revealed today its highly-anticipated four-month renovation to all of the hotel’s mezzanine level rooms and various boardrooms. Also included in the renovations is the ...

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Hotel Equities to Manage Fairfield Inn Memphis

Hotel Equities to Manage Fairfield Inn Memphis

ATLANTA—Atlanta-based Hotel Equities recently announced its selection as the management firm for the new Fairfield Inn & Suites by Marriott as part of a development in downtown Memphis, Tenn. Goodlettsville-based EPIQ Hotels, Inc. and MNR Hospitality, under the leadership of ...

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Pebblebrook to Sell Manhattan NYC for $217.5 Million

Pebblebrook to Sell Manhattan NYC for $217.5 Million

BETHESDA, Md.—Pebblebrook Hotel Trust today announced that it has executed a purchase and sale agreement to sell the 618-room, upper upscale, full-service Manhattan NYC in New York for $217.5 million to a third party. The sale of the Manhattan NYC ...

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Hotel Industry Responds to Human Trafficking Crisis

Hotel Industry Responds to Human Trafficking Crisis

ORLANDO, Fla.—Human trafficking of children and adults continues to be a serious issue for the global hospitality industry, as traffickers sometimes use hotels to carry out their illegal operations. The American Hotel & Lodging Association (AHLA), in partnership with Marriott ...

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