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RLJ Lodging Completes SpringHill Suites Houston Transformation

RLJ Lodging Completes SpringHill Suites Houston Transformation

BETHESDA, Md.—RLJ Lodging Trust (the “company”) (NYSE:RLJ) today announced that it has opened its 167-room SpringHill Suites Houston Downtown/Convention Center (the “hotel”) following an extensive conversion of an 82-unit apartment building. The hotel was acquired by the company in 2013 ...

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Tribute Portfolio Launches in Europe

Tribute Portfolio Launches in Europe

Starwood Hotels & Resorts Worldwide, Inc. announced today the debut of its 10th brand, Tribute Portfolio, in Europe with the signing and conversion of the Great Northern Hotel, a Tribute Portfolio Hotel. Having launched in April this year, Tribute Portfolio ...

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AC Hotel to Make Portland Debut

AC Hotel to Make Portland Debut

PORTLAND, Ore.—McWhinney and Sage Hospitality, along with Mortenson Development and Mortenson Construction, have partnered to develop and build the 13-story AC Hotel by Marriott in downtown Portland, on the corner of SW Third Avenue and Taylor Street, planned to open ...

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Tokyo’s Hotel Okura Closes for Demolition

Tokyo’s Hotel Okura Closes for Demolition

Hotel Okura, the modernist 1962 hotel in Tokyo, has closed its doors. The property, which has hosted a number of public figures in its 53 years, will be given a major makeover to create a highrise hotel, according to The ...

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PwC: ADR Growth to Drive RevPAR Through 2016

PwC: ADR Growth to Drive RevPAR Through 2016

NEW YORK—An updated lodging forecast released today by PricewaterhouseCoopers U.S. (PwC) expects average daily rate (ADR) to drive revenue per available room (RevPAR) increases in a more meaningful way through the second-half of 2015, and into 2016. Recent performance of ...

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