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AETHOS Consulting Evaluates Hospitality CEO Performance

AETHOS Consulting Evaluates Hospitality CEO Performance

NEW YORK—Using a proprietary pay-for-performance model, hospitality advisory firm AETHOS Consulting Group has just released its 2016 report evaluating the performance of top CEOs (from the previous year) in the hospitality, travel and entertainment industries. And the results are in: ...

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Pebblebrook to Sell Manhattan NYC for $217.5 Million

Pebblebrook to Sell Manhattan NYC for $217.5 Million

BETHESDA, Md.—Pebblebrook Hotel Trust today announced that it has executed a purchase and sale agreement to sell the 618-room, upper upscale, full-service Manhattan NYC in New York for $217.5 million to a third party. The sale of the Manhattan NYC ...

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Choice Opens Cambria Chicago Magnificent Mile

Choice Opens Cambria Chicago Magnificent Mile

ROCKVILLE, Md.—Choice Hotels International has converted the former MileNorth Hotel in Chicago into the Cambria Chicago Magnificent Mile. The partnership with Fillmore Capital Partners and Fillmore Hospitality marks the brand’s first official conversion as part of a strategy to bring ...

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Expense Preparedness in Development

Expense Preparedness in Development

Developers know that owning hotel assets means being ready for anything and everything. Having a clear plan when it comes to capital expenses can help to ensure the longevity of a property. Phil Miller, vice president of design and construction ...

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Sporadic Business Demand Increases Booking Competition

Sporadic Business Demand Increases Booking Competition

NEW YORK—As hoteliers in major North American markets round out 2016 and prepare for the New Year, the pace of new bookings, especially in the industry’s business sector, continues to decline, according to new data from TravelClick’s October 2016 North ...

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Apple Leisure Group Signs 10 Deals in 10 Months

Apple Leisure Group Signs 10 Deals in 10 Months

PHILADELPHIA—Apple Leisure Group has reported that it has signed 10 resort deals over the last 10 months, growing the company’s resort brand management portfolio by 15 percent in less than one year. This follows a record-breaking 2015 for the company, ...

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