Home / Finance + Development (page 3)

Category Archives: Finance + Development

Feed Subscription

How Red Roof Plans to Break Into City Centers

How Red Roof Plans to Break Into City Centers

Red Roof recently announced plans to expand the Red Collection, a portfolio of upper-economy to midscale hotels in city centers that the company launched last year. The company’s first and only soft brand aims to attract cost-conscious travelers who want ...

Read More »

Best Western’s Unique Entry into the Economy Segment

Best Western’s Unique Entry into the Economy Segment

About a year ago, Best Western saw some white space in the lodging industry—there weren’t a lot of options out there for travelers in the upper-economy/lower-midscale segment. This led the company to enter that space with SureStay Hotel Group. Best ...

Read More »

The Hotel Group Opens Hilton Garden Inn Bellevue Washington

The Hotel Group Opens Hilton Garden Inn Bellevue Washington

SEATTLE—The Hotel Group (THG), a national hotel management and investment company, opened the Hilton Garden Inn Seattle Bellevue Downtown in Washington. The 254-room property is located in close proximity to downtown Seattle and several Fortune 500 businesses including Microsoft, Clearwire, Expedia, Symetra, ...

Read More »

Wyndham’s Board Approves Spin-Off of Hotel Business

Wyndham’s Board Approves Spin-Off of Hotel Business

PARSIPPANY, N.J.—Wyndham Worldwide Corporation’s Board of Directors has approved the previously announced spin-off of its wholly-owned subsidiary Wyndham Hotels & Resorts, Inc., which has more than 8,300 franchised hotels globally. The distribution is expected to occur after the market close ...

Read More »
Scroll To Top
CLOSE
CLOSE