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Patriarch Equities Purchases Affinia Manhattan Hotel

Patriarch Equities Purchases Affinia Manhattan Hotel

NEW YORK—Patriarch Equities, Sioni Group, and Highgate announced today that they have purchased the 618-room Affinia Manhattan NYC hotel through a joint venture. Highgate has also assumed management of the property as part of the transaction. Effective immediately, this upscale, ...

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2016 in Review: Hottest Hotel Deals

2016 in Review: Hottest Hotel Deals

It was the buzzword on many hoteliers’ lips this year: Consolidation. When Marriott International officially absorbed Starwood Hotels & Resorts in September to create a 30-brand megamerger, the industry was aflutter over what it could mean for the industry as ...

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JW Marriott Opens First Singapore Hotel

JW Marriott Opens First Singapore Hotel

SINGAPORE—JW Marriott Hotels & Resorts, the global luxury brand that is part of Marriott International’s luxury brands portfolio, has debuted the new JW Marriott Hotel Singapore South Beach—the brand’s first hotel in Singapore. Located in close proximity to the Marina ...

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The Link Between Loyal Customers and Market Share

The Link Between Loyal Customers and Market Share

Revenue Generated Index is the key performance measure used by hotel companies to track changes in market share relative to competitors. But equally important is to understand the key drivers of RGI, those underlying metrics that can be used by ...

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Germantown Inn Opens in Nashville

Germantown Inn Opens in Nashville

NASHVILLE, Tenn.—Nestled between the quaint homes and chic restaurants of Nashville’s historic neighborhood of Germantown sits the brand new Germantown Inn, which opened Dec. 16. Located in one of the oldest buildings in Germantown, a two-story, Federal-style house constructed in ...

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Increasing Efficiency of Hotel Retail Outlets

Increasing Efficiency of Hotel Retail Outlets

Historically, hotels have offered retail operations primarily for guest convenience and satisfaction. And the revenue generated by hotel retail outlets typically represents only a small part of total hotel revenue—of the properties in the Trends in the Hotel Industry database ...

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