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Apple Hospitality REIT Goes Public

Apple Hospitality REIT Goes Public

Richmond, Va.-based Apple Hospitality REIT announced today that its common shares have been listed and have begun trading on the New York Stock Exchange. In connection with its listing on the NYSE, Apple Hospitality has commenced a modified “Dutch auction” ...

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Hotels Ramp Up Sex Trafficking Awareness Training

In an effort to combat sex trafficking in Omaha, Neb., Magnolia Hotel has become the first participant in a pilot project that trains hotel staff to spot and address victims, according to Omaha.com. The project, helmed by the Coalition on ...

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Hilton REIT Spinoff Seen More Likely

Hilton REIT Spinoff Seen More Likely

Shares of Hilton Worldwide Holdings fell more than 1 percent on Monday after the company announced that certain selling stockholders affiliated with the Blackstone Group have commenced a secondary offering of 90 million shares of Hilton common stock. The move ...

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Judge Rules Against L.A. Wage Injunction Request

U.S. District Judge Andrew Birotte denied a motion filed by AH&LA and AAHOA for a preliminary injunction that would prevent a $15.37 per hour minimum wage increase targeted at hotel workers in Los Angeles from taking effect this summer. Writing in response ...

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