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Hospitality Trends Investors Need to Track in 2016

Hospitality Trends Investors Need to Track in 2016

Despite choppy growth, the current business cycle has lasted longer than average, surpassing 78 months. In 2014 and 2015, the economic growth rate was about 2.4 percent, and it’s expected to fall within the 2 to 2.5 percent range this ...

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Luxury Segment Remains Among Healthiest in Industry

Luxury Segment Remains Among Healthiest in Industry

All is well in the U.S. luxury hotel segment. For the first 11 months of 2015, chain affiliated luxury hotels sold over 27 million room nights, resulting in 76.3 percent occupancy. This is the highest year-to-date occupancy ever recorded, pointing ...

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Bellevue Kimpton to Open in 2019

Bellevue Kimpton to Open in 2019

SAN FRANCISCO—Kimpton Hotels & Restaurants has announced it has been selected by the Fana Group of Companies to manage a new, luxury boutique hotel in the upscale Seattle, Wash. suburb of Bellevue. The 120-room new-construction project is part of a ...

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HHM Acquires Best Western Tria

HHM Acquires Best Western Tria

PHILADELPHIA—HHM has announced that it now owns and manages the Best Western Tria in Cambridge, Mass., further expanding its private-investment platform and management footprint in the dynamic Boston market. The company plans to extensively renovate the 121-room property, with upgrades ...

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New Initiatives Come Out of Another Taxing Year

New Initiatives Come Out of Another Taxing Year

As we enter 2016, we look back to 2015 as a year filled with a whirlwind of activity related to tangible property capitalization policies in the hospitality industry. Financial executives and tax accountants alike wrestled with unfamiliar terms such as ...

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10 Noteworthy Hotel Openings: Winter 2016

10 Noteworthy Hotel Openings: Winter 2016

Though 2016 has just begun, it has already seen a number of interesting new and rebranded hotels join the market. Here are 10 noteworthy openings that recently took place: Axiom Hotel: The 152-room boutique hotel, managed by Kokua Hospitality and ...

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