Home / Author Archives: Lodging Staff (page 8)

Author Archives: Lodging Staff

Feed Subscription

GOPPAR Increases For Branded Full-Service U.S. Hotels

Branded full-service hotels in the U.S. recorded a 2.4-percent increase in gross operating profit per available room (GOPPAR) year-to-date April compared with the same period in 2016, according to HotStats—a monthly hotel profit-and-loss benchmarking service that has recently launched its platform in ...

Read More »

Hospitality Deals and Acquisitions from June 2017

Hospitality Deals and Acquisitions from June 2017

Mission Capital Advisors announced that its Debt and Equity Finance Group has arranged an $80-million, non-recourse, structured loan for the Chicago Athletic Association hotel, a historic 241-key lifestyle hotel located at 12 South Michigan Avenue in Downtown Chicago. Mission Capital’s ...

Read More »

Online Booking Scams Cost Nearly $4 Billion Each Year

Online Booking Scams Cost Nearly $4 Billion Each Year

Washington, D.C.–New research by the American Hotel and Lodging Association (AHLA) reveals that online scams and fraudulent sites are on the rise. Every 60 seconds, Americans make 500 hotel bookings online. In 2015, just 6 percent of American travelers reported having booked ...

Read More »

Expedia Launches Tool To Showcase Hotels’ Local Landmarks

Expedia Launches Tool To Showcase Hotels’ Local Landmarks

Seattle, Wash.–Expedia, Inc., the world’s largest online travel company, today announced EPC Points of Interest, a new tool available in Expedia Partner Central (EPC) which allows properties to create a custom list of cultural landmarks, activities, and experiences in their ...

Read More »

Midas Hospitality Breaks Ground On Two Hotels in Minnesota

Midas Hospitality Breaks Ground On Two Hotels in Minnesota

ST. LOUIS—Hotel management group Midas Hospitality has broken ground on two hotels in Brooklyn Park, Minn., an area that hasn’t had a newly built hotel since 1998. The $28 million development with a 100-room Hampton Inn and a 107-room Home2 Suites will open in the ...

Read More »

Wyndham Joins CEO Action for Diversity & Inclusion

Wyndham Joins CEO Action for Diversity & Inclusion

PARSIPPANY, N.J.–Wyndham Worldwide this week joined more than 150 of the world’s leading companies in signing on to the CEO Action for Diversity & Inclusion, the largest CEO-driven business commitment to advance diversity and inclusion in the workplace. Recognizing that ...

Read More »
Scroll To Top