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Will SBE’s Morgans Hotel Acquisition Ever Happen?

Billionaire investor Ron Burkle and Sam Nazarian’s SBE Entertainment were unable to close on their acquisition of Morgans Hotel Group by the original deadline of Nov. 9, but the deal still has a shot to go through. The parties have ...

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Travel Industry Voices Concerns Over Trump Presidency

Hospitality faces a new reality after the announcement that Donald Trump is the president elect of the United States. Just a day before the election, the travel industry contemplated what the Trump administration would mean for tourism. For destinations like ...

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HNA’s Hilton Purchase Alters Ownership Landscape

HNA Group’s 25 percent, $6.5 billion purchase of Hilton Worldwide Holdings is shaking up its previous acquisitions of European assets. HNA’s ownership stakes in Western companies include or will soon include 100 percent of Carlson, 28.5 percent of NH Hotels, and ...

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HSMAI Unveils Revenue Management Report

The Hospitality Sales & Marketing Association International has released the findings of its Portrait of Revenue Management Leadership report. The study says the shift from traditional management to predictive analytics is the most significant strategic change that will take place ...

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Boutique Hotels Entering Small Towns

Boutique hotels are moving into secondary and tertiary markets such as Bethlehem, Pa., and Sewanee, Tenn., to attract younger, experience-seeking travelers. While boutiques in major cities like New York might have 200 to 300 rooms, properties in smaller towns only ...

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