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AHLA Urges Congress to Support Brand USA

AHLA Urges Congress to Support Brand USA

Citing that the program drives $21 billion in business sales and 2 million jobs, the American Hotel & Lodging Association (AHLA) on Tuesday urged Congress to support Brand USA, a public-private partnership that promotes international travel to the U.S. “Travel ...

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Red Roof PLUS+ Aims to Bring Consistency to Economy

Red Roof PLUS+ Aims to Bring Consistency to Economy

Red Roof CEO Andy Alexander knows a thing or two about TripAdvisor reviews. About 25,000 of them are delivered to his phone each year, he says. The website’s user reviews help many economy and midscale travelers determine where to book. ...

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Hotel Construction Pipeline Continues Moderate Growth

PORTSMOUTH, N.H.—Lodging Econometrics reports that the Q1 2017 United States construction pipeline currently stands at 5,032 projects/602,034 rooms, up 13 percent by projects year-over-year (YOY). There are 1,511 projects/197,450 rooms under construction, up by 155 projects YOY or 11 percent. ...

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Economy Chains Face Lack of Demand

Economy Chains Face Lack of Demand

In the rapidly expanding room pipeline of the U.S. hotel industry, one segment seems to have fallen out of favor with developers. In June 2016, STR counted 166,000 rooms under construction. However, only 1,000 of these rooms were in the ...

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U.S. Economy Grew 1.2 Percent in Q2

In the second quarter of 2016, the U.S. economy expanded less than anticipated at 1.2 percent. Economists initially predicted a 2.5 percent increase. However, Fed policymakers, who left interest rates unchanged earlier this week, said risks to the U.S. outlook ...

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Despite Struggles, Economy Grows Faster Than Expected in Q4

The U.S. economy grew at a faster pace in the fourth quarter than previously expected. The revised 1.4 percent increase is higher than the Commerce Department’s initial 1 percent increase. While slightly better than anticipated, corporate profits dropped in 2015 ...

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