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Cost Controls Drove Hotels’ Profit Growth in 2016

Cost Controls Drove Hotels’ Profit Growth in 2016

U.S. hoteliers enjoyed a seventh consecutive year of increasing profits in 2016 despite a slowdown in the rate of revenue growth. According to the 2017 edition of Trends in the Hotel Industry, total operating revenue, driven by a 0.2 percent ...

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LODGING Insider: Chip Ohlsson Talks Wyndham

LODGING Insider: Chip Ohlsson Talks Wyndham

LODGING Magazine sits down with Chip Ohlsson, Chief Development Officer at Wyndham Hotel Group as part of the LODGING Insider video series to talk acquisitions, brand development, and working with franchisees. LODGING‘s coverage of Chip Ohlsson and Wyndham will continue ...

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Wyndham Plans To Spin Off Timeshare Business

Wyndham Plans To Spin Off Timeshare Business

PARSIPPANY, N.J.—Wyndham Worldwide announced plans to spin off the company’s timeshare business from its hotel business, resulting in two separate, publicly traded companies. Wyndham Hotel Group, with headquarters in Parsippany, N.J., will become a new, publicly traded pure-play hotel company ...

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