Christine Killion
From Drain to Gains
Food and beverage need not be a guaranteed drain on hotel profitability, according to Larry Spelts, president of Lodging & Lifestyle Adventures at Indigo Road Hospitality Group. “The biggest and most common mistake made...
Auric Road Grows Its Portfolio of Petite Properties
Paul Makarechian has visited nearly every continent over the past four decades. Wherever his travels took him, he observed a noticeable difference between resorts abroad compared to those back home in the United States....
LODGING Exclusive: My Place Hotels Strikes a Balance with New Tech Initiatives
Hoteliers are frequently looking for ways to streamline their operations, keep expenses down, and boost their bottom line—especially in today’s challenging economic climate. With this top of mind, My Place Hotels of America, a...
Extending Stays: Hyatt Launches First Upper-Midscale Brand in the Americas
In April, Hyatt joined the ranks of hotel companies expanding into the extended-stay space with the launch of its newest select-service brand, Hyatt Studios. LODGING caught up with Jim Chu, chief growth officer at...
Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas, Texas-based company is well on its way to acquiring 100...