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Hotel Sale Prices Down in Q1, Expected to Rebound

According to analysts at Lodging Econometrics (LE), through March of this year there were 186 hotel transactions where selling prices were reported into the public domain for an Average Selling Price Per Room (ASPR) of $148,918, a 7 percent decline ...

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Turning Ordinary into Extraordinary

Marcus Hotels & Resorts is a leading national hotel management company that delivers custom, creative solutions and proven financial results for owners and investors. We create extraordinary guest experiences with award winning service, and have teams with extensive industry experience ...

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Marriott Details Starwood Deal to Shareholders

At Marriott International’s annual shareholders meeting on May 6, openly broadcast to the public, CEO Arne Sorenson updated shareholders and listeners about the highly talked-about Starwood deal. He said that the transaction still needs to clear regulatory hurdles, is expected ...

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Ashford Hospitality Prime Reports Q1 Growth

In line with the performance of the broader hotel industry, Ashford Hospitality Prime reported 2.1 percent RevPAR growth for Q1. Despite facing a relatively tough year-over-year comparison, Prime generated strong adjusted EBITDA and adjusted funds from operations per share growth ...

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Online Bookings Up, But So Are Booking Scams

Although online hotel booking numbers continue to grow, a study released in 2015 by AH&LA found that an estimated 15 million hotel bookings are fostered through fraudulent websites and call centers that have no affiliation to the hotel being advertised. ...

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Miami Hotel Demand Weakens

Miami hotels are now experiencing a lack of demand for the thousands of rooms developers added to the market in an attempt to take advantage of interested wealthy travelers. As a result, greater Miami’s revenue per available room has fallen ...

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