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Meliá Hotels to Enter Iranian Market

Meliá Hotels to Enter Iranian Market

PALMA DE MALLORCA—Meliá Hotels International has announced its entry into the Iranian market with the first five-star branded hotel, which will be managed by an international hotel company, Gran Meliá Ghoo Hotel. The property will be located in the largest ...

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DoubleTree by Hilton Opens Second Colombia Hotel

DoubleTree by Hilton Opens Second Colombia Hotel

BOGOTÁ, Colombia—DoubleTree by Hilton, one of Hilton Worldwide’s 13 brands, has broadened its presence in Colombia today with the opening of DoubleTree by Hilton Bogotá—Calle 100. The hotel joins the recently-opened DoubleTree by Hilton Bogotá—Parque 93 as the brand’s first ...

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The Rising Cost of Money

The Rising Cost of Money

Troubling events in the global economy—stock market volatility, weak growth in China, and plunging oil prices, among others—coupled with a moderate slowdown in industry growth, have hoteliers more cautious regarding new business opportunities. However, hiccups in the global economy do ...

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Hilton Garden Inn Bucharest to Open in 2017

Hilton Garden Inn Bucharest to Open in 2017

BUCHAREST—Hilton Worldwide has reached a franchise agreement with SC Apex Alliance 1 S.R.L. to open Hilton Garden Inn Bucharest Old Town in 2017. The 201-room hotel will be located within an historic listed building in the prime city center location ...

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National Occupancy Reaching All-Time High

National Occupancy Reaching All-Time High

ATLANTA—The U.S. lodging industry is forecast to achieve another all-time record occupancy level in 2016, but an increasing number of local markets are starting to show the effects of growing competition. According to the March to May 2016 edition of ...

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