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A Sweet Spot for Choice Hotels

A Sweet Spot for Choice Hotels

After a breakthrough 2015 marked by record revenue, operating income, and net income performance, as well as the launch of a new brand identity, Choice Hotels International intends to keep the momentum going across its 11 brands. At the company’s ...

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Installing Energy Storage at Your Hotel

Installing Energy Storage at Your Hotel

Recent advancements in battery technology, rising electricity demand rates, and the advent of no/low-risk financing models have made energy storage systems a financially attractive option for hoteliers. However, critical questions remain for hotel managers and owners even after they have ...

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Negotiating Management Contracts

Negotiating Management Contracts

When negotiating management contracts, both hoteliers and management companies have a single, simple goal in mind: Finalizing a deal that is fair and satisfying to both parties. But what if a hotelier is new to the management company game? What ...

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Commercial Rental Activity Rising in Chicago

Commercial Rental Activity Rising in Chicago

WASHINGTON, D.C.—The American Hotel & Lodging Association (AH&LA) today released a new study that provides a detailed analysis of the rise in commercial activity taking place in Chicago on Airbnb, one of the most trafficked short-term rental websites. The study ...

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Indura Beach & Golf Resort Joins Curio

Indura Beach & Golf Resort Joins Curio

TELA, Honduras—Hilton Worldwide has announced the signing of Indura Beach & Golf Resort in Honduras to Curio—A Collection by Hilton. Curio’s global set of distinctive upscale and luxury hotels is hand-picked for travelers seeking local discovery and authentic experiences. The ...

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Kohlberg Acquires Interstate Hotels & Resorts

Kohlberg Acquires Interstate Hotels & Resorts

ARLINGTON, Va. and NEW YORK—Kohlberg & Company, a private equity firm headquartered in New York, has acquired Interstate Hotels & Resorts from Thayer Lodging and Jin Jiang International Hotels. The transaction provides Interstate with a new strategic partner and positions ...

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