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Second-Half Outlook Positive for Lodging

The lodging industry had a volatile second quarter in terms of weekly and monthly RevPAR. However, outlook remains positive for the second half of the year, with the industry likely meeting year-end projections, according to researchers from JP Morgan. For ...

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Senators Ask FTC to Investigate Airbnb

Three U.S. senators have approached the Federal Trade Commission with a request to investigate the impact of Airbnb and other home-rental sites on housing markets. The senators are specifically concerned about the reliability of the data provided by home-rental companies ...

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Convention Host Cities See Huge Spike in Hotel Searches

As Cleveland and Philadelphia prepare to host the Republican and Democratic National Conventions, both cities are seeing a huge spike in their share of hotel searches. According to data from Hipmunk, an online travel company, total searches going to Cleveland ...

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CWI 2 Acquires San Jose Marriott for $154 Million

CWI 2 Acquires San Jose Marriott for $154 Million

NEW YORK—Carey Watermark Investors 2 Incorporated (CWI 2) has acquired the San Jose Marriott. The recently renovated hotel includes 510 guestrooms and is located in downtown San Jose, Calif., one of Silicon Valley’s strongest lodging markets. The acquisition price was ...

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On the Move: This Week’s Comings & Goings

On the Move: This Week’s Comings & Goings

James E. Mikolaichik has been appointed chief financial officer of Hilton Grand Vacations by Hilton Worldwide Holdings. Mikolaichik will oversee the company’s finance and accounting organizations and will play a key role in the development and implementation of HGV’s corporate ...

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