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Hyatt Regency Houston Galleria Opens

Hyatt Regency Houston Galleria Opens

CHICAGO—Hyatt Hotels Corporation and Songy HighRoads today announced the opening of Hyatt Regency Houston Galleria in Houston, Texas. The hotel, managed by Aimbridge Hospitality, marks the ninth Hyatt-branded hotel to open in the Houston area. The hotel is part of ...

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PKF: Historic Hotels Continue Strong Performance

PKF: Historic Hotels Continue Strong Performance

Washington, D.C.—The outlook for the U.S. lodging industry, particularly historic hotels, continues to be extremely strong, according to PKF Hospitality Research. For the second consecutive year, PKF Hospitality Research, a CBRE Company (PKF-HR) presented a Historic Hotels of America–PKF-HR five-year ...

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Increasing Occupancy Rates Boost Labor Costs

Increasing Occupancy Rates Boost Labor Costs

One of the most significant findings of the 2015 edition of Trends in the Hotel Industry was the 4.9 percent rise in operating expenses (ExPAR) for U.S. hotels during 2014. This is the greatest annual increase in ExPAR since 2007, ...

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Radisson Red is Coming to the Americas

Radisson Red is Coming to the Americas

MINNEAPOLIS—Carlson Rezidor Hotel Group today announced signings for the first four Radisson RED hotels in the Americas: Radisson RED Bogota, Colombia; Radisson RED Cali, Colombia; Radisson RED Campinas, Brazil; and the Radisson RED Minneapolis Downtown. Carlson Rezidor plans to open ...

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Marriott Divulges Plans for Latin American Expansion

Marriott Divulges Plans for Latin American Expansion

SAO PAULO—Tim Sheldon, president of Caribbean and Latin America operations at Marriott International, announced an expected 75 percent increase in Marriott’s Caribbean and Latin American distribution between 2015 and 2018, including a tripling of the company’s presence in Brazil with ...

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