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Investment in Uber-Lux Hotels Ramps Up

Investment in Uber-Lux Hotels Ramps Up

Travelers’ increased desire for a unique hotel experience has given way to the uber-lux hotel, a brand-associated luxury property that provides guests with a distinct stay. Teresa Goebel, a partner in Goodwin Procter’s Business Law Department and a member of ...

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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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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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Fitch: Softer Transient Demand Subdues Confidence

Fitch: Softer Transient Demand Subdues Confidence

NEW YORK—The U.S. lodging upcycle remains solidly intact notwithstanding the litany of concerns that have overtaken investor sentiment this year, according to Fitch Ratings. Falling stock prices (since January), selected guidance cuts (late summer), weak August industry RevPAR data, and ...

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PwC: ADR Growth Lags, Despite Peak Occupancy Levels

PwC: ADR Growth Lags, Despite Peak Occupancy Levels

NEW YORK—An updated lodging forecast released today by PwC US expects revenue per available room (RevPAR) growth in 2015 to be driven more by occupancy than previously expected, as average daily rate (ADR) growth continues to look for a firm ...

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