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Fitch Ratings: U.S. Leisure Unsustainable

Fitch Ratings: U.S. Leisure Unsustainable

NEW YORK—Fitch Ratings expects mid-single digit U.S. leisure transient lodging demand growth to decelerate to the low single digits against the backdrop of heightened geopolitical risk, U.S. dollar (USD) strength, growth in alternative lodging accommodations and Zika-virus related health concerns. ...

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Four Seasons Hotel New York Downtown Opens

Four Seasons Hotel New York Downtown Opens

Four Seasons Hotel New York Downtown is now open. Located in Tribeca just steps from Wall Street, the World Trade Center, and the new Oculus, it’s also close to designer shopping in Soho, nightlife in the Meatpacking District, and the ...

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The Tilden Hotel to Open in October

The Tilden Hotel to Open in October

The Tilden Hotel will be housed in a handsome historic 1928 building, formerly known as The Hotel Mark Twain. The extensive renovation will include: A completely new lobby/social hub that blends together simple, modern furniture, expansive archways and warm wood paneling; ...

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MJM Group to Build Dual-Brand Marriott in Charlotte

MJM Group to Build Dual-Brand Marriott in Charlotte

CHARLOTTE, N.C.—MJM Group, a leading Marriott developer based in Raleigh, N.C., will develop a new 188-room dual-brand hotel that includes a 94-room Courtyard by Marriott and a 94-room Marriott Residence Inn. Construction is expected to begin this September, and the ...

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Hyatt Centric Continues Expansion

Hyatt Centric Continues Expansion

CHICAGO—Hyatt Hotels Corporation has announced three hotels are transitioning to the Hyatt Centric brand from the Hyatt brand, accelerating the Hyatt Centric brand’s growth. The three hotels include Hyatt Centric French Quarter New Orleans, Hyatt Centric Times Square New York, ...

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RLHC to Acquire Vantage Hospitality Group

RLHC to Acquire Vantage Hospitality Group

SPOKANE, Wash. and CORAL SPRINGS, Fla.—Red Lion Hotels Corporation, a growing hospitality company that operates and franchises upscale, midscale, and economy hotels, has announced it has entered into a definitive agreement to acquire the global brands and brand operations of ...

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