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2015 Operating Performance Showed Growth, But Slowing

2015 Operating Performance Showed Growth, But Slowing

Every eight to ten years, two things occur in the U.S. lodging industry—a performance cycle comes full circle and revisions to the Uniform System of Accounts for the Lodging Industry (USALI) are implemented. Both of these factors influenced the information ...

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Canopy by Hilton Reveals Portland Property

Canopy by Hilton Reveals Portland Property

PORTLAND, Ore.—Canopy by Hilton,Hilton Worldwide’s hotel brand that redefines the lifestyle hotel category, and The Buccini/Pollin Group, unveiled plans for Canopy’s first hotel in Portland, Ore. Residing in the Pearl District on Portland’s Gallery Row, among cobblestone streets and stylish ...

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Extended-Stay Consistently Outperforming Other Tiers

Extended-Stay Consistently Outperforming Other Tiers

As the U.S. lodging industry continues to post healthy results, it is worth examining some niche products and their performance. Many extended-stay chains are now offering their guestsrooms with a full kitchen and, often, silverware and dishware that allow them ...

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Residence Inn Opens in Cedar Rapids

Residence Inn Opens in Cedar Rapids

CEDAR RAPIDS, Iowa—Hawkeye Hotels announces the opening of a newly constructed Residence Inn by Marriott in the hotel district on the south side of Cedar Rapids. This hotel opening will be the seventh property in the Creative Corridor for the ...

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Carey Watermark Acquires Le Méridien Arlington

Carey Watermark Acquires Le Méridien Arlington

NEW YORK—Carey Watermark Investors 2, Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the Le Méridien Arlington. The hotel is part of a mixed-use development ...

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Construction Begins on Conrad Washington, D.C.

Construction Begins on Conrad Washington, D.C.

WASHINGTON, D.C.—Hines, an international real estate firm, and Qatari Diar, the real estate development entity of the Qatar Investment Authority (the co-developers of CityCenterDC), Conrad Hotels & Resorts, Hilton Worldwide’s smart luxury hotel brand, and D.C. Mayor Muriel Bowser confirmed ...

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