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Paramount Hotels Partners with Preferred Hotel Group

Paramount Hotels Partners with Preferred Hotel Group

DUBAI—Paramount Hotels and Resorts has partnered with Preferred Hotel Group to support its entry into the hotel industry, as announced at Arabian Travel Market today. The global relationship begins with an agreement for the first Paramount-branded hotel—DAMAC Towers by Paramount—to ...

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Boston Hotels Stay Strong After Bombing

Boston Hotels Stay Strong After Bombing

Located on the corner of Boylston and Exeter Streets, the Lenox Hotel had a front row seat to the Boston Marathon bombings on April 15. Law enforcement officials evacuated the 214-room property shortly after the blasts and the entire area ...

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PKF: Hotels Struggle to Grow Other Revenue Sources

ATLANTA, Ga.—Now that the national hotel occupancy rate is approaching its long run averages and scarcity has returned in certain markets and property types, guests have to pay more to rent rooms. However, after the guests have checked in, managers ...

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