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Lodging Econometrics: U.S. Pipeline Growth Accelerates

Lodging Econometrics: U.S. Pipeline Growth Accelerates

With 3,645 projects/460,551 rooms, the 2014 total U.S. construction pipeline stands at its highest level in six years, Lodging Econometrics reports. After a three-year bottoming formation, the pipeline has now posted five consecutive quarters of double-digit year-over-year (YOY) growth. In ...

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The Setai Miami Beach Announces New Ownership

The Setai Miami Beach Announces New Ownership

Miami Beach, Fla.—The Setai Miami Beach has announced new ownership by Nakash Holdings and the von Furstenberg family. Nakash Holdings is a privately held investment company controlled by the founders of Jordache Enterprises, of designer jeans fame. Financier Alex von ...

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Mandarin Oriental Confirms Credit Card Breach

Mandarin Oriental Confirms Credit Card Breach

Mandarin Oriental has confirmed that the credit card systems in an isolated number of its hotels in the United States and Europe have been accessed without authorization, according to a company statement. None of the company’s hotels in Asia were ...

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