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2015 in Review: Noteworthy Renovations

2015 in Review: Noteworthy Renovations

As 2016 approaches, it is time to reflect on the most notable happenings in hospitality in 2015. There were many expertly executed renovations in the last year, from modernized lobbies to complete guestroom makeovers. Here is just a taste of ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Starwood Hotels & Resorts has named a new CEO, effective Dec. 31, following the resignation of interim CEO Adam Aron, who is leaving the company to become chief executive officer and president of AMC Entertainment Holdings. He has held the ...

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The Logan Philadelphia Joins Curio

The Logan Philadelphia Joins Curio

PHILADELPHIA and McLEAN, Va.—The Logan Philadelphia, a luxurious and modern hotel located in the heart of Logan Square, today joined Curio—A Collection by Hilton following a multi-million dollar renovation. With 391 inviting, sophisticated guest rooms—as well as spacious suites complete ...

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Blackstone Group Invests $170 Million in IBS

Blackstone Group Invests $170 Million in IBS

Global travel, transportation, and logistics technology major IBS Software announced today that it will receive $170 million private equity investment from the Blackstone Group in exchange for a minority shareholding. The transaction is expected to be complete within a month, ...

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Federal Reserve Votes to Raise Interest Rates

For the first time in nearly ten years, the Federal Reserve has raised interest rates. Bloomberg reports that the Federal Open Market Committee unanimously voted to set the new target range for the federal funds rate at .25 percent to ...

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