If you ask Lindsey Ueberroth how she got her start in the lodging industry, the president and CEO of Preferred Hotels & Resorts would say she grew up in it. With a flight-attendant mother and a father who worked in ...
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Feed SubscriptionXenia Sells Hyatt Regency Orange County for $137 Million
ORLANDO—Xenia Hotels & Resorts, Inc. has announced that it has sold the 656-room Hyatt Regency Orange County in Garden Grove, Calif. for a price of $137 million. The sale price represents an 11.8x multiple on the hotel’s 2015 forecast EBITDA ...
Read More »Digital Concierge App Provides Insider Content
NEW YORK—Porter & Sail has a new digital app that combines smart mobile functionalities with dynamic, customized city guides. Aimed at leading lifestyle hotels, the app turns guests’ off-property experience into the hotel’s newest amenity. The Porter & Sail app ...
Read More »Publication Names Katherine Lugar Among Top Lobbyists
The Hill has named Katherine Lugar, president and CEO of the American Hotel and Lodging Association (AH&LA), among the top lobbyists of 2015. She earned the honor for increasing the AH&LA’s focus on advocacy and for achieving record PAC contributions. ...
Read More »AH&LA Supports Protecting Local Business Opportunity Act
WASHINGTON, D.C.—The American Hotel & Lodging Association (AH&LA) issued the following statement supporting the U.S. House Education and the Workforce Committee mark-up of HR 3459, Protecting Local Business Opportunity Act, which would reestablish a clear and concise definition of a ...
Read More »Hyatt Reportedly Interested in Buying Starwood
Another hat has been thrown into the ring to potentially buy Starwood. Hyatt Hotels is in talks to purchase the company, reports CNBC. The deal could be as little as one week away. If the deal were to move forward, ...
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