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Indianapolis Records Record Tourism Spending

Indianapolis Records Record Tourism Spending

INDIANAPOLIS–Visitors to Indianapolis have boosted the region’s economy with record spending for six consecutive years, according to research conducted by Rockport Analytics on behalf of Visit Indy, Indianapolis’ official destination marketing organization (DMO). A record 28.6 million visitors added $5.2 ...

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Slowing Revenue Growth Offset by High Occupancy and ADR

Slowing Revenue Growth Offset by High Occupancy and ADR

In 2016, the strong growth levels enjoyed by the U.S. lodging industry for the past few years experienced a significant slowdown. Moderate rate growth and flat occupancies were the norm for most hotels. Similarly, total revenues and overall profitability showed ...

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Six Things To Consider When Choosing a Franchise

Six Things To Consider When Choosing a Franchise

Choosing a franchise is no simple task. Hotel owners must consider everything from their targeted market segment to the status of the hospitality company with which they will be entering a long-term agreement. LODGING spoke with Michael Tall, president and ...

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Navigating Markets in Flux

Navigating Markets in Flux

While there are plenty of industry folks forecasting the imminent end of the current lodging cycle, the street-corner nature of this business means that the particular dynamics driving this cycle feel very different from one area to the next. In ...

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Investors Show Concern for Chicago Hotel Market

Despite record occupancy in 2015 and new growth, Chicago’s downtown hotel market is sending mixed signals to investors. Concerns about oversupply, an expected slowdown in convention bookings, and the recent volatility in the financial markets have made investors more cautious. ...

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