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First Quarter 2015 Results Roundup

Hilton Worldwide: Net income attributable to Hilton stockholders for the first quarter was $150 million, a 22 percent increase from the same period in 2014. Revenue rose 10 percent to $2.6 billion. System-wide comparable RevPAR increased 6.6 percent for the ...

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Hilton CEO Talks Organic Growth, New Midscale Brand

Hilton CEO Talks Organic Growth, New Midscale Brand

On Hilton Worldwide’s first quarter 2015 earnings call yesterday, analysts grilled CEO Chris Nassetta on whether the company had potential interest in acquiring Starwood Hotels & Resorts. In advance of its own earnings call, Starwood had announced its intentions to ...

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McKibbon to Develop Tribute Portfolio Property in Asheville

McKibbon to Develop Tribute Portfolio Property in Asheville

TAMPA, Fla.—McKibbon Hotel Group announced it will partner with Starwood Hotels & Resorts on its newly launched Tribute Portfolio, a collection of four-­star, upscale independent hotels. The Vandre Nouveau Hotel, a Tribute Portfolio Hotel, in Downtown Asheville, N.C., will be ...

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Home2 Suites Debuts 50th Property

Home2 Suites Debuts 50th Property

AUSTIN, Texas and MCLEAN, Va.—Home2 Suites by Hilton has opened its 50th hotel, less than five years after welcoming its first guests, with the debut of Home2 Suites by Hilton Austin North/Near the Domain. Home2 Suites by Hilton is one ...

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DC Hospitality Names VP, Hotel Sales and Acquisitions

DC Hospitality Names VP, Hotel Sales and Acquisitions

DC Hospitality has added veteran brokerage specialist Kimberley Glover as vice president for hotel sales and acquisitions. The Atlanta-based hotel brokerage firm handles properties nationwide in all brands, sizes, and styles. Glover has more than 18 years of experience in ...

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