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Marriott International to Transfer to NASDAQ Stock Market

Bethesda, Md.—Marriott International announced it will voluntarily transfer the listing of its common stock to The NASDAQ Global Select Market (NASDAQ) from the New York Stock Exchange (NYSE). Trading of Marriott’s shares on NASDAQ is expected to commence on October ...

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Embassy Suites Saratoga Springs Breaks Ground

Embassy Suites Saratoga Springs Breaks Ground

McLEAN, Va.—Embassy Suites Hotels and DCG Development Co., an owner/developer of commercial property in Saratoga County, announced that construction has begun on the 149-suite Embassy Suites Saratoga Springs. The hotel, scheduled to open in the third quarter of 2014, will ...

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Hyatt South Beach to Open in 2015

Hyatt South Beach to Open in 2015

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a franchise agreement with an affiliate of Robert Finvarb Companies to develop Hyatt South Beach, a hotel to be located at 1600 Collins Avenue in Miami Beach, Fla. An ...

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Denver Best Western Unveils Dinosaur Theme

Denver Best Western Unveils Dinosaur Theme

PHOENIX—Visitors to Denver will now be able to spend a night in the museum thanks to a $4 million prehistoric makeover at the Best Western Denver Southwest. Continuing the trend of truly innovative design within the Best Western International hotel ...

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Transient Continues to be Key Driver of Hotel Growth

Transient Continues to be Key Driver of Hotel Growth

NEW YORK—As hotels experience growth in both occupancy and average daily rate (ADR), the transient segment —made up of individual business and leisure travelers—continues to drive this growth, according to data from the September 2013 TravelClick North American Hospitality Review ...

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