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Full-Service Hotel GOPPAR Levels Hit 2017 High in October

Full-Service Hotel GOPPAR Levels Hit 2017 High in October

Fueled by year-over-year growth across all revenue departments, profit levels at full-service U.S. hotels hit a year high of $135.08 per available room in October 2017, according to the latest worldwide poll of full-service hotels from HotStats. Hotels achieved year-over-year ...

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AHLA Urges Congress to Support Brand USA

AHLA Urges Congress to Support Brand USA

Citing that the program drives $21 billion in business sales and 2 million jobs, the American Hotel & Lodging Association (AHLA) on Tuesday urged Congress to support Brand USA, a public-private partnership that promotes international travel to the U.S. “Travel ...

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Inauguration Bookings in D.C. Moving at a Slower Pace

Immediately following a presidential election, Washington, D.C.-area hotels typically experience a booking frenzy for January’s inauguration. This time around, however, reservations have been slower to come in, according to hotel managers in and near the District. Nearly all expect rooms ...

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D.C. Attracts Record Number of Tourists

According to data released by Destination D.C., 21.3 million people visited Washington, D.C., in 2015. These tourists brought in more than $7 billion in revenue and about $757 million in taxes. Chinese tourists, the fastest growing group, accounted for more ...

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RLHC to Enter Joint Venture to Acquire The Quincy in D.C.

RLHC to Enter Joint Venture to Acquire The Quincy in D.C.

SPOKANE, Wash.—A subsidiary of RLHC (Red Lion Hotels Corporation) will enter into a joint venture with an affiliate of Shelbourne Capital to acquire The Quincy hotel in downtown Washington, D.C., for an undisclosed amount. A definitive agreement has been signed ...

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