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Expedia Invests $26 Million in ALICE

Expedia Invests $26 Million in ALICE

New York–Hotel operations platform ALICE has secured $26 million in Series B funding from online travel giant, Expedia, Inc. The completed investment makes Expedia a majority shareholder in ALICE and deepens the commercial cooperation between the two companies that was ...

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Top Five U.S. Hotel Construction Pipelines to Watch

Top Five U.S. Hotel Construction Pipelines to Watch

Putting the right property in the right place can help maximize returns on hotel investments. Below are the top five U.S. cities for hotel construction pipelines, and what hotel owners and investors should watch for in these markets. 1. New York There ...

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When to Refurbish Guestrooms

When to Refurbish Guestrooms

Hotel owners are often hesitant to refurbish their guestrooms because of the significant expense that it entails. However, refurbishment is necessary at periodic intervals to ensure that quality is maintained, brand image is secured, and guests’ expectations are fulfilled. Investing ...

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