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CBRE Forecasts Mixed Levels of Success for Hotels in 2017

CBRE Forecasts Mixed Levels of Success for Hotels in 2017

ATLANTA—The 2017 outlook for U.S. hotels offers mixed blessings, with near record occupancy levels projected while average daily room rates (ADR) are expected to continue leveling off. According to the recently released December 2016 Hotel Horizons forecast report, CBRE Hotels’ ...

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Tribute Portfolio Opens Sthala Hotel in Bali

Tribute Portfolio Opens Sthala Hotel in Bali

DENPASAR, Indonesia—Tribute Portfolio, a collection of aspirational independent hotels and resorts from Marriott International, has announced its debut in Bali with the opening of Sthala, A Tribute Portfolio Hotel, Ubud Bali. Owned by PT. Anugrah Anadya Nirmana, Sthala marks the ...

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Destination Hotels Projects 2017 Meeting Trends

Destination Hotels Projects 2017 Meeting Trends

ENGLEWOOD, Colo.—Destination Hotels has released key findings on 2017 meetings trends today from its fifth annual “State of the Meetings Industry” survey. By analyzing the responses of more than 400 corporate, association, government, and independent planners, Destination Hotels has gleaned ...

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Shaner Hotel Group to Manage TownePlace Miami Homestead

Shaner Hotel Group to Manage TownePlace Miami Homestead

STATE COLLEGE, Pa.—Shaner Hotel Group has been awarded the management contract for the just opened TownePlace Suites by Marriott—Miami Homestead. The five-story, 97-room hotel features a number of high-end guest amenities, spacious room design, meeting and recreational facilities, and a ...

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