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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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IHG Introduces Direct-Booking Incentive

IHG Introduces Direct-Booking Incentive

InterContinental Hotels Group has announced the global roll out of Your Rate by IHG Rewards Club, an exclusive rate offered to IHG Rewards Club members when they book direct. It is part of the ongoing evolution of IHG Rewards Club, ...

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