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Showing Lawmakers the Heart of the Industry

Showing Lawmakers the Heart of the Industry

“Tell your stories about how you are job creators and how you employ people in your communities… Share your desires to hire more people and expand your business, and tell them about how many people you employ in their district.” ...

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Looking Back on 40 Years of LODGING

Looking Back on 40 Years of LODGING

As the official publication of the American Hotel & Lodging Association (AH&LA) for the last 40 years, LODGING magazine has seen its fair share of industry change. The rise of global hotel companies, major growth in the hospitality sector, and ...

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FelCor’s Rick Smith Ready to Go on the Offensive

FelCor’s Rick Smith Ready to Go on the Offensive

When Rick Smith became chief financial officer of FelCor Lodging Trust in 2004, the Irving, Texas-based company owned a lot of assets that didn’t make sense in a REIT model. These 25- to 30-year-old, side-of-the-road hotels in secondary and tertiary ...

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Revenue Premiums Offset Great Costs in Historic Hotels

Revenue Premiums Offset Great Costs in Historic Hotels

When old hotels age gracefully and purposefully, they are able to achieve “grande dame” status. These properties typically compete in the luxury or upper-upscale market segments and frequently outperform the contemporary competition when it comes to occupancy and average daily ...

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Marriott Scoops Up Starwood

Marriott Scoops Up Starwood

Marriott International announced this morning that it has agreed to buy Starwood Hotels & Resorts Worldwide for approximately $12.2 billion in stock and cash to create the world’s largest hotel company. Combined, the companies operate or franchise more than 5,500 ...

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The Developing Story: Nashville

The Developing Story: Nashville

Due to its vibrant country music scene, Nashville, Tenn., is known to many as “Music City.” However, this booming metropolis is home to more than just successful singers and songwriters. Health care, banking, insurance, and religious printing and publishing companies ...

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