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U.S. Travel Market Experiences Gains in 2015

Lodging has pushed past air to become the largest segment of the U.S. travel market at $144 billion, according to a new report from Phocuswright. Lodging revenue increased 8 percent in 2015 following a 9 percent rise the year prior, ...

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Chinese Tourists Spent $229 Billion in 2015

The Chinese markets might be all over the place, but the country’s GDP is still forecast to grow about 7 percent, which is on track with Beijing’s target of 6.5 percent GDP growth through 2020. While China’s full GDP report will ...

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Hotel Zeppelin San Francisco Set for Spring Opening

Hotel Zeppelin San Francisco Set for Spring Opening

SAN FRANCISCO—Viceroy Hotel Group announces the launch of Hotel Zeppelin San Francisco, a progressive hideaway that reflects the heart and soul of the City by the Bay. Set in an historic building, two blocks from Union Square, Hotel Zeppelin rebelliously ...

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Deal Roundup: The Latest Sales and Acquisitions

Deal Roundup: The Latest Sales and Acquisitions

Earlier this month, Hong Kong-based Mandarin Oriental International announced it will be acquiring Mandarin Oriental Boston. The 148-room hotel and 85-unit luxury condominium building in the Back Bay will be purchased for $140 million, a price equal to $945,945 per ...

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SLS Lux Hotel & Residences Coming to Washington, D.C.

SLS Lux Hotel & Residences Coming to Washington, D.C.

WASHINGTON, D.C.—The Peebles Corporation, a national real estate development and investment company with $5 billion in completed and current developments, has selected sbe, the Los Angeles-based leading lifestyle hospitality company to debut SLS Lux Hotel & Residences, Washington D.C.’s first ...

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