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U.S. Hotels Bring in Record Revenue in 2015

2015 was a good year for hospitality. Last year, the hotel industry’s revenue and profit margin reached historic highs. According to STR’s 25th annual HOST Almanac, hospitality’s house profit reached $73 billion last year–passing a peak that had not been ...

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Navigating Markets in Flux

Navigating Markets in Flux

While there are plenty of industry folks forecasting the imminent end of the current lodging cycle, the street-corner nature of this business means that the particular dynamics driving this cycle feel very different from one area to the next. In ...

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Fitch: U.S. Lodging in Twilight of Latest Upcycle

Fitch: U.S. Lodging in Twilight of Latest Upcycle

NEW YORK—The U.S. lodging industry is in the twilight of the current upcycle, according to Fitch Ratings. The recovery is now the second longest on record, with trailing 12-month (TTM) RevPAR positive for 68 consecutive months. Fitch is not forecasting ...

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Sage Hospitality Announces The Elizabeth Hotel Development

Sage Hospitality Announces The Elizabeth Hotel Development

FORT COLLINS, Colo.—McWhinney, a Colorado-based national real estate development company, and Sage Hospitality, a national hotel developer and operator, have announced The Elizabeth Hotel as part of a new downtown development currently in progress at 354 Walnut Street in Fort ...

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Granada Hotel Coming to Downtown Morgan Hill

Granada Hotel Coming to Downtown Morgan Hill

IRVINE, Calif.—International firm KTGY Architecture + Planning has announce that the Granada Hotel, a new four-story, contemporary-style boutique hotel with 60 guest rooms situated in the heart of downtown Morgan Hill, Calif., was unanimously approved by the city’s planning commission ...

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