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Red Lion Closes Acquisition of Vantage Ahead of Schedule

SPOKANE, Wash.—Red Lion Hotels Corporation today announced that it closed its acquisition of Vantage Hospitality Group, based in Coral Springs, Fla., on Sept. 30, a month ahead of schedule. As a result of the acquisition, the company acquired approximately 1,000 ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Philippe Zuber has been appointed president and chief operating officer of One&OnlyResorts, Kerzner International Holdings Limited announced. In his role, he will lead the strategic development of the brand. He joins the company with over 20 years of industry experience. ...

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Commercial Real Estate Prices to Decline

The Federal Reserve’s interest-rate hike for the first time in nearly a decade has ensured that values are not likely to climb in the new year. For commercial real estate investors, this means the good times may be over, reports ...

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Global Revenue to Rise in 2016

Hotel Management has released its outlook on the hospitality trend report for 2016, and the predictions look healthy for the industry. Global hotel industry revenue is expected to reach $550 billion in 2016, up from $457 in 2011. Additionally, increased ...

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New York Hotels Agree to Cut Greenhouse Gases

Sixteen New York hotels, including the Waldorf-Astoria New York, the Lotte New York Palace, the Pierre-A Taj Hotel, and the Crowne Plaza Times Square, have pledged to cut greenhouse gases from their buildings by 30 percent or more in the ...

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