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Vail Resorts Reports Higher-Than-Expected Profits

Vail Resorts has reported higher-than-expected profits and revenue in the latest quarter. Benefiting from increased visitation and higher prices, the ski-resort operator saw a rebound at its Tahoe properties and growth at its Colorado and Park City resorts. Vail has ...

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Heated Primary Election Drives Demand

Primary election season is on fire this year, and it would seem room demand is, too. Data from STR indicates that there is a relationship between room demand increases and the race’s level of competition. If both parties are selecting ...

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Major Markets Thrive While Battling Strong U.S. Dollar

Moderate economic growth and decreasing unemployment rates helped buoy the U.S. travel and tourism sector in 2015. Domestic arrivals grew by 2.4 percent with 2.2. billion trips, according to a report from Canadean. Due to a stronger U.S. dollar, outbound travel ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Sbe Hotel Group announced the appointment of Jason Hsiang as senior vice president of development. Hsiang will pursue management contracts and investment opportunities throughout the United States and select international markets, and in his newly created role will oversee the ...

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Teaneck Marriott Completes Renovation

Teaneck Marriott Completes Renovation

TENNECO, NJ—Alfred Sanzari Enterprises, owner and developer of Glenpointe, and hotel management company White Lodging have announced the completion of an extensive multimillion dollar renovation to the 353 guestrooms at the Teaneck Marriott at Glenpointe. The renovation includes updates to ...

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Redmont Hotel Birmingham Joins Curio

Redmont Hotel Birmingham Joins Curio

BIRMINGHAM, Ala.—Following a multimillion dollar renovation, Redmont Hotel Birmingham—a historic hotel with a storied past dating back more than 90 years–has joined Curio – A Collection by Hilton as the brand’s second hotel in Alabama, following the recent opening of ...

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