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Wyndham Brand Expands in Florida with Jupiter Hotel

Wyndham Brand Expands in Florida with Jupiter Hotel

PARSIPPANY, N.J.—Wyndham Hotel Group expanded the footprint of its upscale Wyndham Hotels and Resorts brand in Florida with the opening of the newly constructed, 179-room Wyndham Grand Jupiter at Harbourside Place, the brand’s fourth Wyndham Grand property in the state. ...

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Starwood Hotels & Resorts Sells St. Regis, Rome

Starwood Hotels & Resorts Sells St. Regis, Rome

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide Inc. has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for approximately $150.7 million. Starwood will continue to operate the hotel under the St. Regis brand flag as part of ...

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HMC Continues Expansion in Texas

HMC Continues Expansion in Texas

DALLAS, Texas—Hospitality Management Corporation (HMC) has opened a newly built, 82-room Microtel Inn & Suites by Wyndham in Midland, Texas, located 12 miles from the Midland International Airport. The hotel is located nearby corporate offices, including IBM, Halliburton, and Patriot ...

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Median Franchise Cost is 11.8 Percent of Rooms Revenue

Median Franchise Cost is 11.8 Percent of Rooms Revenue

The median franchise cost is 11.8 percent of rooms revenue, according to the 2014 United States Hotel Franchise Fee Guide from HVS. Franchise fees for full-service brands were mostly above the median franchise cost, while extended-stay brands were largely below ...

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