CBRE Foresees Moderate Recession in 2023 U.S. Real Estate Outlook
DALLAS — CBRE foresees a moderate recession in 2023 that will bring declines in real estate investment and leasing activity, though inflation will recede...
Highgate Enters Definitive Agreement to Purchase Viceroy Hotels & Resorts
NEW YORK—An affiliate of the principals of Highgate announced that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts. The...
IHG Hotels & Resorts Partners With PPDS to Offer Philips MediaSuite TVs
PPDS announced a new partnership with IHG Hotels & Resorts, bringing its Chromecast built-in Philips MediaSuite hospitality TVs to deliver IHG’s next-generation in-room entertainment...
Aimbridge Hospitality Grows Select Service Division With Three Extended-Stay Hotels
PLANO, Texas—Aimbridge Hospitality continued its portfolio expansion with the addition of three extended-stay properties to its Select Service division. Located near airports in Mississippi,...
One-on-One with Chris Green
LODGING Editor-in-Chief Dennis Nessler sits down with Chris Green—the newly named president of Remington Hotels—to discuss the state of the Dallas-based third-party management company.
During...
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InterContinental Hotels Group Reports Q1 Trading Results
InterContinental Hotels Group reported its first-quarter trading results, highlighted by global RevPAR gains and significant system-wide growth. Specific highlights include the following:
● Q1 global...
Source Acquires Berman Purchasing, Inc., Expanding the FF&E Procurement Firm
Portland, Oregon-based Source announced its acquisition of 20-year-old Jupiter, Florida-based Berman Purchasing, Inc. The move creates a bicoastal women-led procurement firm with decades of...
AHLA Foundation Hosts Annual ForWard Conference to Advance Women in Hospitality
AHLA Foundation hosted nearly 1,000 attendees from across the hotel industry at the Hyatt Regency McCormick Place for the annual ForWard conference this week....
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