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Industry Giants Confident More Growth is Yet to Come

Industry Giants Confident More Growth is Yet to Come

With occupancy, room demand, average daily rate, and revenue per available room achieving record highs, the travel industry is surely booming, and hoteliers who spoke at the 37th annual NYU International Hospitality Industry Investment Conference this week at the Marriott ...

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Industry Execs Address Issues at AAHOA Convention

Industry Execs Address Issues at AAHOA Convention

Speaking as part of the opening panel at the Asian American Hotel Owners Association annual convention last week in Long Beach, Calif., Raj Trivedi, EVP and chief development officer, La Quinta Inns & Suites, offered a pragmatic take on the ...

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Starwood Looks at Strategic Options to Boost Value

Starwood Looks at Strategic Options to Boost Value

In tandem with posting better-than-expected overall results for the first quarter, Starwood Hotels & Resorts announced plans to explore strategic and financial alternatives to increase shareholder value. According to Bruce W. Duncan, chairman of the board, no option is off ...

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March Jobs Report Shows Slowdown in Hiring

March Jobs Report Shows Slowdown in Hiring

In the wake of a harsh winter in many parts of the country, job gains in several sectors of the labor market have slowed, including accommodations and travel. Mark Zandi, chief analyst at Moody’s Analytics, observed that overall employment gains ...

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