InterContinental Hotels Group is seeking at least $1 billion from the sale of the InterContinental Hong Kong Hotel, according to a Bloomberg report. The company hired Jones Lang LaSalle to find a buyer for the Hong Kong hotel, people with ...

Hospitality is still an industry where the dishwasher can make it to the top—literally. In 2008, Lodging queried dozens of the industry’s top CEOs, asking them one question: What was your first job? Close to half cited dishwashing in restaurants ...

The New York lodging sector is among the highest performing markets in the world. Hotel occupancy among upper-tier hotels went nearly uninterrupted during the economic downturn, and, as a result, RevPAR increases have been driven mostly by rate growth, says ...

After teetering on the brink of extinction only a few years ago following the downturn in 2008, Commercial Mortgage-Backed Security (CMBS) loans are now making a big comeback and all signs indicate that the timing couldn’t be better for would-be ...

Could the City of Brotherly Love the next hot hotel market? Philadelphia might be known for its arts and entertainment, restaurants, history, and passionate sports fans, but now it’s also being recognized for its bustling hotel activity, with red-hot openings ...