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La Quinta Announces Secondary Offering

La Quinta Announces Secondary Offering

La Quinta Holdings announced that certain selling stockholders affiliated with The Blackstone Group have commenced a secondary offering of 17,500,000 shares of La Quinta common stock. According to a news release, the underwriters will have a 30-day option to purchase ...

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Equity Funds Invest $7.4 Billion in 2014

Equity Funds Invest $7.4 Billion in 2014

In 2014, investment totaled $22 billion in the United States for hotels with a reported selling price, according to Lodging Econometrics. Equity funds were the most active investors, adding $7.4 billion in hotels, most of which were portfolio purchases. Publicly ...

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AH&LA Pushes Against Deceptive Online Booking Sites

AH&LA Pushes Against Deceptive Online Booking Sites

With nearly one third of all travel spending being done through online channels, Katherine Lugar, president and CEO of AH&LA, took to The Hill newspaper to stress the need to protect consumers from the “scams, rogue vendors, false advertising and consumer abuses” that ...

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U.S. Overtakes China as Top Real Estate Investment Market

U.S. Overtakes China as Top Real Estate Investment Market

The United States has overtaken China to become the world’s largest real estate investment market, according to research published by Cushman & Wakefield. With better relative economic growth, quantitative easing, and low interest rates all continuing to encourage investors to ...

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