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La Quinta Set for Continued Growth After Strong 2014

La Quinta Set for Continued Growth After Strong 2014

Coming off its successful initial public offering in April, La Quinta had a solid performance across the board in 2014, including an 8 percent increase in system-wide revenue per available room (RevPAR) and 8 percent growth in its franchise unit ...

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Proper Hospitality Unveils Plans for Second Hotel Brand

Proper Hospitality Unveils Plans for Second Hotel Brand

LOS ANGELES—Proper Hospitality has announced plans for its second hotel brand, Avalon Hotels, as it assumes management of the Avalon Hotel Beverly Hills and the Viceroy Palm Springs this month. The recently-formed hospitality company, which launched its Proper Hotels brand ...

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Carlson Rezidor Hotel Group Reports Strong 2014 Results

Carlson Rezidor Hotel Group Reports Strong 2014 Results

Carlson Rezidor Hotel Group reported strong 2014 results with 57 openings, 84 signings, and system wide revenues of $7.8 billion, a 4 percent increase compared to last year. “It was an exciting and successful year with tremendous growth, development momentum, ...

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Choice Hotels Opened 478 Hotels in 2014

Choice Hotels Opened 478 Hotels in 2014

ROCKVILLE, Md.—Choice Hotels International opened 478 domestic and international properties in 2014. Choice’s outlook for future growth is also robust, based on the 566 new domestic franchise agreements signed by the company last year. Of those signed contracts, 159 were ...

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