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Pipeline Growth Continues in Houston and Dallas

With 169 projects/19,885 rooms in the total construction pipeline, Houston has the second largest pipeline in the country, following New York City, according to Lodging Econometrics. Of all markets, Houston has the most projects scheduled to start construction in the ...

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Trump Reportedly Eyed Cuban Hotels

President-elect Donald Trump was considering buying hotels in Cuba as recently as six months ago, according to the executive chairman of Grupo Iberostar. This is surprising, as it runs counter to Trump’s intentions to reverse President Obama’s moves to reopen ...

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Airbnb Settles Rental Lawsuit Against NYC

Airbnb has settled its lawsuit against New York City over a new law that imposes hefty fines on hosts who advertise illegal short-term rentals. Airbnb had voiced concerns that the law could expose online platforms like itself to significant penalties, ...

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Hilton Board Approves Spin-off of Park and HGV

Hilton Worldwide Holdings today announced that its board of directors has approved the distribution to its shareholders of all of the outstanding shares of Park Hotels & Resorts, which will become the holder of a portfolio of hotels and resorts ...

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Inauguration Bookings in D.C. Moving at a Slower Pace

Immediately following a presidential election, Washington, D.C.-area hotels typically experience a booking frenzy for January’s inauguration. This time around, however, reservations have been slower to come in, according to hotel managers in and near the District. Nearly all expect rooms ...

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Paris Tourism Still Struggling a Year After Attacks

This Sunday marks the one-year anniversary of the terrorist attacks in Paris that left more than 130 people dead, and the tourism industry has been suffering. Hotel occupancy in Paris from January to September 2016 is down 11 percent from ...

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