Lodging Staff
WalletHub Names Best Hotel Loyalty Programs of 2018
WalletHub has released its 2018 Hotel Rewards Report evaluating loyalty programs at the 10 largest U.S. hotel chains. The personal finance website compared 21 key metrics—such as the average value of a point, point...
GSP Secures $115 Million To Develop 326-Key Radisson Blu Hotel in Anaheim
Anaheim, Calif.—George Smith Partners, a commercial real estate capital markets advisor, has secured a $115 million non-recourse senior construction loan for the ground-up development of a 326-key, four-star Radisson Blu hotel in Anaheim, California. The...
Cushman & Wakefield Acquires Colicchio Consulting
NEW YORK—Cushman & Wakefield has announced that Phil Colicchio and Trip Schneck, co-founders and principals of Colicchio Consulting, have joined the firm. The acquisition of this team is in recognition of the significance of...
Study Reveals How Marketers Can Cater To Gen Z Travelers
Bellevue, Wash.—New findings from Expedia Group Media Solutions, the advertising arm of Expedia Group, illustrate the behaviors, attitudes, and influences of younger travelers around the world, and shine a light on how Generation Z is...
World Series Boosts Boston Hotel Performance in October
Key Performance Indicators
October 2018 vs. October 2017
RevPAR: +5.0% to $315.16
TRevPAR: +5.1% to $429.56
Payroll: -0.2 pts. to 26.0%
GOPPAR: +5.5% to $225.23
U.S. hotels recorded their highest level of profit per room for the year in October,...
Lendlease and IHG Army Hotels Open Candlewood Suites on Fort Drum
NASHVILLE—Lendlease, a public-private community developer, and IHG Army Hotels have opened a new Candlewood Suites on Fort Drum in upstate New York. The property is the second mid-sized hotel in the country constructed using...