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ALIS Panelists Weigh in on Demand Trends

While 2015 marked the strongest U.S. lodging year on record, many panelists at last week’s Americas Lodging Investment Summit voiced concern that North American demand is due for a slowdown, Travel Weekly reports. From global stock market volatility to the ...

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Hyatt Place Houston Galleria Opens

Hyatt Place Houston Galleria Opens

HOUSTON—Atlanta-based Songy Highroads has opened Hyatt Place Houston Galleria, a new 157-room, select-service hotel located across from the world-renowned Galleria shopping center. The 12-story hotel, situated at 5252 W. Alabama St., is managed by Aimbridge Hospitality. It contains three floors ...

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Hospitality Execs Raise $1 Million Addiction Awareness

Hospitality Execs Raise $1 Million Addiction Awareness

NEW YORK—Hospitality industry executives at The Americas Lodging Investment Summit (ALIS) in Los Angeles raised more than $1 million this week to draw attention to the national epidemic of drug and alcohol addiction. More than 150 hotel executives rappelled down ...

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Chesapeake Lodging Trust Reportedly Considering Sale

Chesapeake Lodging Trust maybe be exploring the possibility of a sale, says Globe St. The REIT would join three other public-to-private REIT transaction closings that have taken place in the past week–Blackstone’s closing on the acquisition of BioMed Realty Trust; ...

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Millennials Spending More on Leisure

Millennials–the generation focused on gaining experiences over material goods–are slowly but surely changing the stock market. Leisure and travel-related stocks, such as pubs and airlines, have been consistently topping retailers since recovery from the recession began. According to Bloomberg, this ...

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The Highland Dallas Reveals Renovation

The Highland Dallas Reveals Renovation

The Highland Dallas has unveiled its recent multi-million dollar renovation. The project is inspired by the hotel’s iconic past—it’s the original home of Dallas’ Hilton Inn, known in the 1960s for Trader Vic’s “tiki room” and for lively pianists at ...

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