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Apple Leisure Group Signs 10 Deals in 10 Months

Apple Leisure Group Signs 10 Deals in 10 Months

PHILADELPHIA—Apple Leisure Group has reported that it has signed 10 resort deals over the last 10 months, growing the company’s resort brand management portfolio by 15 percent in less than one year. This follows a record-breaking 2015 for the company, ...

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Virgin Hotels Breaks Ground in Dallas

Virgin Hotels Breaks Ground in Dallas

MIAMI—Virgin Hotels, the lifestyle hotel brand by Virgin Group founder Sir Richard Branson, marks a new milestone as Virgin Hotels breaks ground with Dunhill Partners and Gatehouse Capital on Virgin Hotels Dallas. The groundbreaking ceremony, held on location on Oct. ...

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Hyatt Centric Makes Times Square Debut

Hyatt Centric Makes Times Square Debut

NEW YORK—Hyatt Centric Times Square New York has debuted in the heart of New York City and joins Hyatt’s brand of lifestyle hotels that focuses on curating an intuitive, uncomplicated travel experience for the contemporary traveler. Previously known as Hyatt ...

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Lionstone Development CEO Talks Strategy

Lionstone Development CEO Talks Strategy

LODGING recently sat down with Lionstone Development CEO Diego Lowenstein to discuss the company’s growth strategy, how it selects the right brand, and more. Why is it important to build a diverse portfolio? When you’re in real estate, and particularly ...

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Upscale Chains Experience Strong Year

Upscale Chains Experience Strong Year

The U.S. lodging industry is in the later part of the economic cycle and questions about the longevity and health of the industry are being read in editorials and heard at conferences across the country. And indeed, we at STR ...

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Beating the Budget

Beating the Budget

Hotel managers achieved the winning formula in 2015—they exceeded their budgeted revenue projections while concurrently spending less than expected to operate their hotels. The result was a 2.2 percent profit surplus compared to budget. As general managers, controllers, and directors ...

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