Using Art to Bridge Age Gaps Among Guests
As the tension between millennials and baby boomers dominates the media, it’s easy to believe that there are no similarities between the generations. However,...
Increased Chinese Investment in Real Estate May Trigger Scrutiny
Hoteliers do not generally think of their properties as having national security implications, and in most cases, they are right. However, increased Chinese investment...
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...
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...
Cost Controls Drove Hotels’ Profit Growth in 2016
U.S. hoteliers enjoyed a seventh consecutive year of increasing profits in 2016 despite a slowdown in the rate of revenue growth. According to the...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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