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Generator CEO Resigns After Acquisition

Just last week after Queensgate Investments closed a $480 million acquisition of Generator Hostels, Generator CEO Fredrik Korallus resigned. Queensgate announced today that Alastair Thomann will serve as the new CEO and Andre Guettouche will serve as COO. Korallus said ...

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Rising Hotel Prices May Signal Inflation

Recent data from the producer price index (PPI) indicates that inflation may have returned. An April PPI jump of 0.5 percent (up 2.5 percent year-over-year) means that consumers may continue to pay more for goods and services—from food to hotels. ...

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Hospitality Embraces Wellness Architecture

Health-centric amenities in hotels are fairly commonplace these days—from fitness centers and classes to health-conscious food and beverage offerings. The trend has become a two-way street as athletic clubs forge partnerships with hotels, some even venturing into the hospitality game ...

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Hotel Construction Pipeline Continues Moderate Growth

PORTSMOUTH, N.H.—Lodging Econometrics reports that the Q1 2017 United States construction pipeline currently stands at 5,032 projects/602,034 rooms, up 13 percent by projects year-over-year (YOY). There are 1,511 projects/197,450 rooms under construction, up by 155 projects YOY or 11 percent. ...

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More Guests Are Seeking “Affordable Luxury”

While luxury hotels may have once been reserved for the wealthiest guests, an increasing number of customers with large disposable incomes are looking to stay at these high-end properties. Guests now have greater access and information to book luxury travel ...

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California Travel Spending Hits Record High

For the last seven years, California has seen growth in its tourism industry. In 2016, traveler spending was more than $126 billion, which grew 3.2 percent from the previous year, according to a report by the state’s tourism marketing agency—Visit ...

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