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Lodging Staff

Lodging Staff
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Red Lion Hotels Selling Property in Pendleton, Oregon

SPOKANE, Wash.—Red Lion Hotels Corporation announced the company has listed for sale the Red Lion Hotel Pendleton in Oregon. "We have successfully sold three properties that, in turn, have resulted in three franchise agreements with...

U.S. Lodging Industry Capital Expenditures Continue To Accelerate

Following three years of limited capital expenditures beginning in 2009, U.S. lodging industry capital expenditures for existing hotels are accelerating. The forecast for the coming year is for capital expenditures of approximately $5.0 billion, a...

Second Quarter Hotel Performance Shows Healthy Growth Across Online Channels

NEW YORK—Second quarter hotel industry performance continued to strengthen with average daily rate (ADR) as the primary driver of revenue per available room (RevPAR) growth for the fifth consecutive quarter, up 5.3 percent in...

DoubleTree by Hilton Oradea Opens in Romania

ORADEA, Romania—DoubleTree by Hilton today announced the opening of its second property in Romania, in the historic city of Oradea. Guests of the newly built 147-bedroom hotel will be able to utilize the...

Summit Hotel Properties to Acquire Ten Hotels

SIOUX FALLS, S.D.— Summit Hotel Properties, Inc. (the “Company”) announced that it has entered into a definitive agreement to acquire a portfolio of eight unencumbered hotels containing an aggregate of 1,043 guestrooms (the “Hyatt...