Home / Author Archives: Lodging Staff (page 5)

Author Archives: Lodging Staff

Feed Subscription

Virgin Hotels CEO Raul Leal on the Lifestyle Market

Virgin Hotels CEO Raul Leal on the Lifestyle Market

In January, the long-awaited Virgin Hotel Chicago opened its doors in the historic Old Dearborn Bank Building. Plans for the hotel were announced in the fall of 2011, more than a year after the four-star lifestyle brand launched. Now that ...

Read More »

Cornell Study Finds Hotel Guests Support Sustainability Efforts

Cornell Study Finds Hotel Guests Support Sustainability Efforts

ITHACA, N.Y.—Certain sustainability practices are nearly universal in the lodging industry, says a Cornell University study published by the Center for Hospitality Research (CHR). Water-conserving fixtures and linen-reuse programs, for instance, are widespread, based on the study of 100 U.S. ...

Read More »

La Quinta Announces Secondary Offering

La Quinta Announces Secondary Offering

La Quinta Holdings announced that certain selling stockholders affiliated with The Blackstone Group have commenced a secondary offering of 17,500,000 shares of La Quinta common stock. According to a news release, the underwriters will have a 30-day option to purchase ...

Read More »

ADR Projected to Grow in Coming Months

ADR Projected to Grow in Coming Months

NEW YORK—Hotels in major North American markets are continuing to experience growth driven by strong rates, according to data from the March 2015 TravelClick North American Hospitality Review (NAHR). While hotels continue to experience steady growth, group sales have decelerated. ...

Read More »

Lexington by Vantage Opens Klapa Resort in Bali

Lexington by Vantage Opens Klapa Resort in Bali

CLEVELAND—Lexington by Vantage has opened the 122-room Lexington Klapa Resort, which is the brand’s second property in the Pecatu Indah Resort area of Bali, Indonesia. Vantage Hospitality Group first entered Bali in 2013 with the 266-room New Kuta Hotel, part ...

Read More »
Scroll To Top