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AH&LA Reacts to State of the Union Address

WASHINGTON, D.C.—President and CEO Katherine Lugar of the American Hotel & Lodging Association (AH&LA) issued this statement following President Barack Obama’s State of the Union address: “Tonight, by hailing the progress of economic growth and robust job creation, President Obama ...

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IHG Very Optimistic About Hotel Growth In China

Richard Solomons, CEO of IHG, stopped by Bloomberg Television’s “The Pulse” to discuss the company’s growth, especially in the booming Chinese hospitality marketplace. “The Chinese are traveling more on business, they’re traveling more on leisure as the country opens up,” ...

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100,000 New Rooms Coming to U.S. Hotel Market

The lodging industry is booming! There are at least 865 hotels, with more than 103,230 rooms, scheduled to open in the United States in 2016, according to STR. With record breaking demand and revenue, building activity has increased dramatically—there are ...

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Signs of Recession in the Air

In the Financial Times, Larry Summers asks the question on everyone’s mind: “How much should forecasters and policymakers look to speculative markets as indicators of future prospects? And how alarmed should they be about the prospect of a global slowdown?” While ...

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