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 driven by the transient segment with an occupancy increase of 5.6 percent and an ADR increase ...

Legionnaires’ disease has hospitalized, and in some cases killed, nearly 100 travelers in the United States, Spain, and Canada already this year. The disease is a form of pneumonia that stems from legionella bacteria growth in commercial water systems, including ...

ARLINGTON, Va.— Interstate Hotels & Resorts announced it has transitioned management of an eight-hotel portfolio owned by an affiliate of Investcorp International, Inc., a leading provider and manager of alternative investment products. The portfolio aggregates to 2,096 rooms and consists ...

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 Fujian province. The hotel is owned by the Zhonggeng Group. “We’re excited to bring the Sheraton ...

CHICAGO—Strategic Hotels & Resorts, Inc. (“Company”) announced that it has closed on the acquisition of the JW Marriott Essex House Hotel in New York City for a gross purchase price of approximately $362.3 million. Strategic Hotels has established a joint ...

PARSIPPANY, NJ—Wyndham Worldwide announced that its subsidiary, Wyndham Vacation Ownership (WVO), has acquired privately held Shell Vacations LLC (Shell) and its subsidiaries. Shell is one of the largest independent vacation ownership club and property management groups, serving approximately 115,000 members ...