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U.S. Hotel Revenue Growing, But Slowing

U.S. Hotel Revenue Growing, But Slowing

ATLANTA—U.S. hotel revenue growth is slowing down, while expenses are on the rise. According to CBRE Hotels’ Americas Research’s 2016 edition of Trends in the Hotel Industry, operating performance continued to improve in 2015, but at a much slower pace. ...

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Planet Hollywood Debuts Condo-Hotel Brand

Planet Hollywood Debuts Condo-Hotel Brand

ORLANDO, Fla.—Planet Hollywood International is expanding its lodging division by contributing to the upscale condo-hotel market with its first-to-market luxury brand—ph Premiere. The brand will debut with a flagship property ph Premiere Resort-Residences Orlando, located just minutes from Orlando. To ...

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Tru by Hilton Breaks Ground on Second Property

Tru by Hilton Breaks Ground on Second Property

MCLEAN, Va.—On Friday, less than four months after Tru by Hilton’s public debut, Hilton Worldwide broke ground on the brand’s second property, located in Oklahoma City. The celebratory event swapped out hard hats and shovels for 3D artwork of the ...

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Choice Partners with Boys & Girls Clubs of America

Choice Partners with Boys & Girls Clubs of America

ROCKVILLE, Md.—Choice Hotels International announced today a new relationship with Boys & Girls Clubs of America. To kick off the partnership, Choice Hotels volunteers, including several members of senior leadership, will renovate the Germantown Branch of Boys & Girls Clubs ...

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Sharing Economy to Triple by 2020

The sharing economy will be worth more than $20 billion a year by 2020, which is three times its worth in 2015, according to Juniper Research. Revenues in the “space rental” sector, which includes Airbnb, are set to surpass ride-sharing by 2019. ...

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Marriott Shaping Up As An Attractive Takeover Target

Even before the Starwood Hotels & Resorts acquisition is completed, Marriott International continues to dominate the market, as evidenced by its positive first quarter 2016 results. Over the longer term, Marriott is shaping up as an attractive takeover target for a ...

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