New Midscale Brand Prototypes Share Common Ground
Despite a strong overall recovery in the hotel industry, the midscale and upper midscale tiers have lagged behind in revenue growth. According to data...
U.S. Hotels in Profitable Portion of Recovery Cycle
Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in...
Jim Merkel Shares Rockbridge’s Investment Strategy
When he was 25, Jim Merkel co-founded Rockbridge alongside his first boss, Ron Callentine. Since 1994, the Columbus, Ohio-based private equity firm has strategically...
The New Cambria Targets Gen Y, Business Travelers
Fresh from the recent announcement of Cambria Suites’ new positioning and visual identity, Michael Murphy, SVP of upscale brands for Choice Hotels, details some...
The New ABCs of Hotel Financing
The fundamentals of hotel investing have never been better, and opportunities abound for getting deals done. The current funding landscape isn’t as crazy as...
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4 Advances in Sanitization Treatments and Technologies
The pandemic effectively increased sanitization awareness in the hospitality industry, with guests becoming more attuned to antivirus, antimicrobial, and hypoallergenic treatments and features in...
HEI Hotels & Resorts Adds Beacon Hotel & Corporate Quarters to Portfolio
NORWALK, Connecticut—HEI Hotels & Resorts added Beacon Hotel & Corporate Quarters to its growing portfolio of luxury, upper-upscale, and upscale independent and branded hotels...
Sheraton Grand Nashville Downtown Completes Property-Wide Renovation
NASHVILLE, Tennessee—The Sheraton Grand Nashville Downtown, owned by Dreamscape Companies and Centerbridge Partners, announced the completion of a comprehensive property renovation. The project marks...
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