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Investors Eye Starwood, Marriott Earnings

With the Marriott-Starwood merger looming, investors eagerly awaited fourth quarter 2015 results for both companies. Marriott International last night reported a slightly smaller-than-expected increase in revenue for its fourth quarter, while occupancy and daily average rates improved, according to MarketWatch. Fourth ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

New Orleans-based real estate developer HRI Properties has made major changes to its executive leadership team. The company has changed the roles of its owners, appointing co-founder Pres Kabacoff chairman of the board and current president Tom Leonhard as both president ...

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Investors Face Financing Challenges in 2016

Hotel owners and investors will likely face a more challenging environment for financing debt as 2016 goes on, with lenders responding to increased risk in debt capital markets as well as new regulations. No where is this more apparent than ...

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AH&LA Wary of New Online Travel Agency Program

In December, Expedia presented a demo of its new Accelerator program, a tool that gives hoteliers a different avenue by which they can move their listings up in Expedia’s search results (something that can already be done with advertising dollars). ...

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U.S. Mobile Payments to Reach $23 Billion in 2016

The U.S. market for mobile point-of-sale payments will increase to $23 billion this year–up more than 50 percent from 2015. According to market research publisher Packaged Facts, mobile payments are expected to rise dramaticaly through 2019 due to a continued ...

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