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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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Can Travel and Tourism Drive Peace?

With the attacks in Paris, Brussels, Turkey, and elsewhere, terror and security scares have filled many headlines in the past few months, raising challenges for the travel and tourism industry. The World Travel & Tourism Council (WTTC) has launched a ...

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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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