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Fitch: 2016 Global Hotel Outlook Stable

Fitch: 2016 Global Hotel Outlook Stable

NEW YORK—The 2016 outlook for the global hotel industry is stable as favorable travel trends and stable financial policies should allow most issuers to operate within Fitch’s rating sensitivities, according to Fitch Ratings. Fitch expects global RevPAR growth will modestly ...

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Dream Hotels to Open West Coast Flagship in 2016

Dream Hotels to Open West Coast Flagship in 2016

LOS ANGELES, Calif.—Setting a new benchmark for hospitality in Los Angeles, Dream Hotels introduces Dream Hollywood, the brand’s West Coast flagship set to open in Q2 of 2016, which will anchor the extensive revitalization of the Hollywood neighborhood. The experiential ...

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AccorHotels Bolsters Portfolio in $2.9 Billion Acquisition

AccorHotels Bolsters Portfolio in $2.9 Billion Acquisition

AccorHotels today announced the signing of an agreement with the Qatar Investment Authority (QIA), Kingdom Holding Company (KHC) of Saudi Arabia and Oxford Properties, an Ontario Municipal Employees Retirement System (OMERS) company for the acquisition of FRHI Holdings Ltd (FRHI), ...

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PKF: Occupancy Will Remain High Through 2017

PKF: Occupancy Will Remain High Through 2017

ATLANTA, Ga.—U.S. hotel occupancy will remain at record levels through 2017 according to PKF Hospitality Research | CBRE Hotels (PKF-HR). In the recently released December 2015 edition of Hotel Horizons, PKF-HR forecasts that the growth in demand for lodging accommodations ...

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