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IHG to Acquire Kimpton Hotels & Restaurants

IHG to Acquire Kimpton Hotels & Restaurants

In a blockbuster move announced last night, IHG has agreed to acquire Kimpton Hotels & Restaurants for $430 million in cash. “It’s a great brand with enormous potential for growth both within the U.S. and globally,” said Richard Solomons, IHG ...

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New Survey Reveals Top Trends in the Hotel Industry

New Survey Reveals Top Trends in the Hotel Industry

WASHINGTON, D.C.—The American Hotel & Lodging Association and its Foundation today released an industry survey examining the top trends in the hotel industry, which this year is marked by personal service, healthy lifestyles, and convenience. The survey, “The 2014 Lodging ...

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Job Gains in November Widespread Across Industries

Job Gains in November Widespread Across Industries

U.S. employers added 321,000 jobs in November, the biggest increase in jobs over a one-month span since 2012, the Labor Department reported on Friday. Employment gains were widespread across sectors, including hospitality and travel. The unemployment rate held steady at ...

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Loews Hotels Names IHG’s Kirk Kinsell as New CEO

Loews Hotels Names IHG’s Kirk Kinsell as New CEO

Loews Hotels & Resorts has named Kirk Kinsell, current president of the Americas at InterContinental Hotels Group (IHG), as its new chief executive officer. Kinsell will step down from his role at IHG on Feb. 13, 2015, and start his ...

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