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Can Travel and Tourism Drive Peace?

With the attacks in Paris, Brussels, Turkey, and elsewhere, terror and security scares have filled many headlines in the past few months, raising challenges for the travel and tourism industry. The World Travel & Tourism Council (WTTC) has launched a ...

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AH&LA Combats Fraudulent Hotel Sites, Airbnb

AH&LA is continuing to fight against deceptive entities in the hospitality space–namely, third-party OTAs and home-sharing companies that are growing networks of illegals hotels. At a press event this week, AH&LA CEO Katherine Lugar vowed that the association is making ...

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Hotel Transactions Off to Slow Start in First Quarter

Despite some hefty mergers and acquisitions in the news recently, 2016’s transaction activity is off to a slow start. According to Lodging Econometrics’ latest U.S. Transactions Trend Report, there were 252 hotel transactions in Q1–the lowest volume recorded since Q3 ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Outrigger Enterprises has announced the appointment of Paul K. Richardson as executive vice president and chief operating officer responsible for the company’s global operations spanning the Asia Pacific, Oceania, and Indian Ocean regions. Richardson will oversee direct strategic operational leadership ...

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Fitch: U.S. Lodging in Twilight of Latest Upcycle

Fitch: U.S. Lodging in Twilight of Latest Upcycle

NEW YORK—The U.S. lodging industry is in the twilight of the current upcycle, according to Fitch Ratings. The recovery is now the second longest on record, with trailing 12-month (TTM) RevPAR positive for 68 consecutive months. Fitch is not forecasting ...

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Sage Hospitality Announces The Elizabeth Hotel Development

Sage Hospitality Announces The Elizabeth Hotel Development

FORT COLLINS, Colo.—McWhinney, a Colorado-based national real estate development company, and Sage Hospitality, a national hotel developer and operator, have announced The Elizabeth Hotel as part of a new downtown development currently in progress at 354 Walnut Street in Fort ...

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