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The Real Value of Dual-Brand Hotels

The Real Value of Dual-Brand Hotels

The pace of new hotel construction is picking up. According to STR, there were 1,003 hotels under construction in the United States as of January 2015, up 31.8 percent from January 2014. The most active under-construction segments of the hotel ...

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Hampton/Homewood Chicago Downtown Celebrates Grand Opening

Hampton/Homewood Chicago Downtown Celebrates Grand Opening

CHICAGO, Ill.—Chicago-area VIPs gathered last week to celebrate the official grand opening of the new dual-branded Hampton Inn and Homewood Suites Chicago Downtown/Magnificent Mile, winner of Hilton Worldwide’s 2013 Best Conversion award. Local business leaders joined Hilton Worldwide and property ...

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Hilton Worldwide Reaches 700,000th Room Milestone

Hilton Worldwide Reaches 700,000th Room Milestone

MCLEAN, Va.—Hilton Worldwide today announced the opening of the dual-branded, 352-room Hampton Inn and Homewood Suites by Hilton Chicago Downtown/Magnificent Mile, which also marks the company’s 700,000th room globally and Homewood Suites’ 350th hotel opening. “This hotel opening is not ...

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The New ABCs of Hotel Financing

The New ABCs of Hotel Financing

The fundamentals of hotel investing have never been better, and opportunities abound for getting deals done. The current funding landscape isn’t as crazy as the Wild West days of 2007, but a rebounding economy and rosy RevPAR optimism, coupled with ...

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