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Preferred to Launch 24 Properties in 2016

Preferred to Launch 24 Properties in 2016

CHICAGO—Preferred Hotels & Resorts, announces 24 new properties worldwide scheduled to launch before the end of the year, presenting options for travelers in both new and timeless destinations. Monument Hotel—Launching March 2016 This new five-star palace hotel housed in a ...

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Room Mate Hotels Opens in Milan, Malaga

Room Mate Hotels Opens in Milan, Malaga

MADRID—Room Mate Hotels continues its rapid global expansion plans with the launches of two new boutique properties in Europe: Room Mate Giulia in Milan and Room Mate Valeria in Malaga. The Madrid-based company has eight additional hotel openings planned for ...

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Starwood’s Element to Make Nashville Debut

Starwood’s Element to Make Nashville Debut

Starwood Hotels & Resorts Worldwide today announced its Element brand will debut in Nashville at oneC1TY, the health and mindful living-focused community west of downtown, in 2018. Owned by an affiliate of Cambridge Holdings, Element Nashville West End will feature ...

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Construction a Greater Threat to Lodging Sector CMBS Than Airbnb

Construction a Greater Threat to Lodging Sector CMBS Than Airbnb

NEW YORK—Supply-demand imbalance from over-building in the hotel sector poses a greater threat to U.S. traditional lodging sector fundamentals for hotels backing commercial mortgage-backed securities (CMBS) than peer-to-peer home renting platforms such as Airbnb, even as the latter continue to ...

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The Developing Story: Houston

The Developing Story: Houston

Home to more than 3,000 energy-related businesses, Houston, Texas, is well-known for its role as a hub for energy production in the United States. However, this market can be extremely volatile, and is currently in the midst of a downturn ...

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DoubleTree by Hilton Opens Second Colombia Hotel

DoubleTree by Hilton Opens Second Colombia Hotel

BOGOTÁ, Colombia—DoubleTree by Hilton, one of Hilton Worldwide’s 13 brands, has broadened its presence in Colombia today with the opening of DoubleTree by Hilton Bogotá—Calle 100. The hotel joins the recently-opened DoubleTree by Hilton Bogotá—Parque 93 as the brand’s first ...

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