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Hilton Announces REIT and Timeshare Spinoffs

Hilton Worldwide made it official today, declaring its intention to spin off the bulk of its real estate holdings as a separate REIT and its timeshare business, Hilton Grand Vacations, as a standalone company. As part of its earnings release ...

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R.D. Olson Breaks Ground on Irvine Spectrum Marriott

R.D. Olson Breaks Ground on Irvine Spectrum Marriott

IRVINE, Calif.—R.D. Olson Development broke ground on its latest hotel development, the 271-room, full-service Irvine Spectrum Marriott at 7905 Gateway in Irvine, Calif. Executives from R.D. Olson Development, Irvine Company, Joseph Martelli Real Estate Investments, Inc., project general contractor R.D. ...

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Residence Inn Chicago Downtown/Loop Names Exec Chef

Residence Inn Chicago Downtown/Loop Names Exec Chef

CHICAGO—A zest for living and eating combined with a wealth of culinary experience has earned Marshall Ziehm the title of executive chef at Residence Inn Chicago Downtown/Loop, home to Roanoke Club and a soon-to-be-opened restaurant. Guests staying at the Chicago ...

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Trending: Smaller Guestrooms

With a stronger emphasis on common areas where guests can meet, mingle, and hang out, many hoteliers are scaling back when it comes to where the guests actually sleep. While the average size of a hotel guestroom in the United ...

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Airbnb Admits to New York Data Purge

After weeks of speculation, Airbnb has admitted in a pair of letters sent to state legislators and Airbnb users in New York that it purged roughly 1,500 listings ahead of releasing data  to regulators. According to Bloomberg, Airbnb reportedly kicked off 622 hosts in a ...

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