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IHG CEO Richard Solomons on Kimpton Deal and More

IHG CEO Richard Solomons on Kimpton Deal and More

Now that InterContinental Hotels Group has completed its $430 million acquisition of Kimpton Hotels & Restaurants, industry members and brand loyalists are eager to see how the integration will play out. Naturally, the blockbuster deal was front and center when ...

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ALIS: Don’t Worry, Be Happy with the Numbers

ALIS: Don’t Worry, Be Happy with the Numbers

The U.S. hotel industry experienced a record-breaking year in 2014, as occupancy rose 3.6 percent, average daily rate (ADR) increased 4.6 percent, and revenue per available room (RevPAR) went up 8.3 percent, STR data shows. With an increase of 4.5 ...

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