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Hotel Industry Shows Demand and ADR Increases for Remainder of 2012

NEW YORK—Committed occupancy for August to December 2012 is up 5.4 percent and average daily rate (ADR) is up 5.0 percent. The growth is...

Battling Bacteria

Legionnaires’ disease has hospitalized, and in some cases killed, nearly 100 travelers in the United States, Spain, and Canada already this year. The disease...

Interstate Hotels & Resorts Announces Management of an Eight-Hotel Portfolio

ARLINGTON, Va.— Interstate Hotels & Resorts announced it has transitioned management of an eight-hotel portfolio owned by an affiliate of Investcorp International, Inc., a...

Starwood Hotels & Resorts Debuts Sheraton Fuzhou Hotel

FUZHOU, China—Starwood Hotels & Resorts Worldwide, Inc. announced the opening of the Sheraton Fuzhou Hotel in Fuzhou’s newly built, modern business district in China’s...

Strategic Hotels & Resorts Closes Acquisition Of The JW Marriott Essex House Hotel

CHICAGO—Strategic Hotels & Resorts, Inc. ("Company") announced that it has closed on the acquisition of the JW Marriott Essex House Hotel in New York...
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