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AH&LA Combats Fraudulent Hotel Sites, Airbnb

AH&LA is continuing to fight against deceptive entities in the hospitality space–namely, third-party OTAs and home-sharing companies that are growing networks of illegals hotels. At a press event this week, AH&LA CEO Katherine Lugar vowed that the association is making ...

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Hotel Transactions Off to Slow Start in First Quarter

Despite some hefty mergers and acquisitions in the news recently, 2016’s transaction activity is off to a slow start. According to Lodging Econometrics’ latest U.S. Transactions Trend Report, there were 252 hotel transactions in Q1–the lowest volume recorded since Q3 ...

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HVS’s Bill Sipple Dies

Bill Sipple, executive managing director of HVS Capital Corp., died on April 24. A graduate of the School of Hotel Administration at Cornell University, Sipple held previous positions with Ramada, Starwood, and Carlson before becoming executive managing director at HVS ...

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Hyatt Looks to Make More Deals

Following reports of the company’s Q1 earnings, it’s become apparent that Hyatt Hotel Corp is eager to continue its dealings in the hotel transaction market. According to Hyatt’s CEO Mark Hoplamazian, the company is more interested in “asset recycling” than ...

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Accommodations Sector Loses 1,200 Jobs in April

U.S. private-sector franchise jobs increased by 14,100 during the month of April, according to the ADP National Franchise Report. The restaurant segment drove franchise employment growth, adding 17,700 jobs, whereas the accommodations sector lost 1,200 jobs. In addition, private sector ...

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Healthy Demand Amid Construction Boom

Following nearly six years of solid RevPAR growth, new hotel construction is reaching record levels. According to hospitality experts, healthy demand should drive positive fundamentals for the next two to three years, but new construction projects could have an impact ...

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