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Pebblebrook Hotel Trust Acquires The Redbury Hotel

Pebblebrook Hotel Trust Acquires The Redbury Hotel

BETHESDA, Md.—Pebblebrook Hotel Trust announced that it has acquired the award-winning Redbury Hotel for $34 million. The 57-room, all-suite, luxury, full-service hotel is located in the center of Hollywood, Calif. The property will continue to be managed by sbe Hotel ...

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Best Western International Continues to Grow Premier Brand

Best Western International Continues to Grow Premier Brand

PHOENIX—Best Western International introduced its Best Western Premier branded hotel to North America in 2011. With more than 150 Premier hotels worldwide in gateway cities like Barcelona, Beijing, Brussels, Istanbul, London, Melbourne, Nairobi, Paris, Seoul, Stockholm, and Zurich, Best Western ...

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Home2 Suites by Hilton Opens 248-Room Hotel in Philadelphia

Home2 Suites by Hilton Opens 248-Room Hotel in Philadelphia

PHILADELPHIA—Home2 Suites by Hilton announced the opening of its 20th U.S. hotel in Philadelphia, Penn. Co-developed by Philadelphia-based Wurzak Hotel Group and Parkway Corporation, and owned by a joint venture that includes DoveHill Partners, Parkway Corporation, and New York-based investment ...

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Best Western Focuses on Caribbean Expansion

Best Western Focuses on Caribbean Expansion

Best Western International is steadily building its reputation in the Caribbean since the openings of the Best Western Premier Petion-Ville in Haiti and the Best Western Plus Condado Palm Inn and Suites in San Juan, Puerto Rico, earlier this year. ...

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Rethinking Strategic Revenue Management

Rethinking Strategic Revenue Management

The main function of revenue management is to maximize income through operational decision making, primarily around price and inventory control. It has played a critical role in travel, hospitality, and transportation industry marketing departments since the mid-1990s. In many cases, ...

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