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Wyndham to Sell European Vacation Rental Business

Wyndham to Sell European Vacation Rental Business

PARSIPPANY, N.J.—Wyndham Worldwide Corporation today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to Platinum Equity for approximately $1.3 billion. In conjunction with the sale, the European vacation rental business ...

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CBRE Forecasts Positive Performance for U.S. Historic Hotels

CBRE Forecasts Positive Performance for U.S. Historic Hotels

WASHINGTON, D.C.–The outlook for the U.S. lodging industry, particularly historic hotels, continues to be extremely strong, according to CBRE Hotels’ Americas Research (CBRE). CBRE Hotels’ Americas Research presented its two-year forecast at the Historic Hotels of America annual conference. CBRE ...

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AHLA Releases Statement on DACA

AHLA Releases Statement on DACA

WASHINGTON, D.C.–The American Hotel & Lodging Association (AHLA) released a statement from its President and CEO, Katherine Lugar regarding the Deferred Action for Childhood Arrivals (DACA) program. “The hotel industry is fundamentally an industry of people. Our employees are as ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Phillip Yi was appointed to a newly created position, vice president of digital commerce and corporate strategy, by Omni Hotels and Resorts. He will work with senior leadership to improve everyday business, is responsible for digital marketing, and will work ...

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Hilton Reports 2017 Earnings and Gives 2018 Outlook

Hilton Reports 2017 Earnings and Gives 2018 Outlook

MCLEAN, Va.—Hilton today reported its fourth quarter and full year 2017 earnings as well as the company’s outlook for the year ahead. Last year, Hilton hit a record pipeline of 345,000 rooms and opened about 400 properties. On top of ...

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