North America Remains the Largest Consumer Market for Luxury Hotels
In 2017, the global luxury hotel market size was $171 billion and it is expected to reach $232 billion by the end of 2025,...
U.S. Hotels Are Operating at the Highest Level of Efficiency Since 1960
Atlanta–U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the...
How Hoteliers Can Take Advantage of 2018 Tax Reform
Not many people do things ahead of time. How many people or organizations beat deadlines by months or even years? Similarly, how many investors...
Here’s Where Hotels Spend the Most on Energy
Hoteliers all need their hotels to have enough energy to support guests' many electronics as well as all hotel operations. As technology and energy...
LODGING’s 2022 Guide to Lenders and Financial Service Providers
LODGING turns the spotlight on several lenders and financial service providers serving the hospitality industry and what hoteliers need to know to identify the...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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