Wyndham and Platinum Equity

Wyndham to Sell European Vacation Rental Business

PARSIPPANY, N.J.—Wyndham Worldwide Corporation today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to...
Hilton Melbourne Rialto Place Florida

Buccini/Pollin Group Acquires Hilton Melbourne Rialto Place in Florida

Washington, D.C.—The Buccini/Pollin Group (BPG), a privately held, full-service real estate acquisition, development and management company, has acquired the 238-room Hilton Melbourne Rialto Place...
WoodSpring Suites Seattle Everett

Choice Completes WoodSpring Suites Acquisition

ROCKVILLE, Md.—Choice Hotels completed its acquisition of WoodSpring Suites' brand and franchise business for $231 million. First announced in December 2017, the deal adds nearly...
Mike Deitemeyer, president and CEO of Interstate Hotels & Resorts

Interstate and White Lodging Close Management Acquisition Deal

ARLINGTON, Va.—Interstate Hotels & Resorts has closed a deal—first announced in December 2017—to acquire the management agreements for 82 premium-branded, select- and full-service hotels,...
Glenwood Springs Hotels

Terrapin Investments Buys Two Glenwood Springs Hotels

Denver, Colo.—HREC Investment Advisors has arranged the sale of the 65-guestroom Holiday Inn Express and the 70-room Hampton Inn, both located in Glenwood Springs,...
La Quinta Inn and Suites -- the franchise business will be acquired by Wyndham Worldwide

Wyndham to Buy La Quinta for $1.95 Billion

PARSIPPANY, N.J. and IRVING, Texas—Wyndham Worldwide Corporation and La Quinta Holdings Inc. announced today that they have entered into a definitive agreement under which...
Advertisement
Four Seasons Hotels and Resort - Fortune Best Companies to Work For

Five Hotel Companies Among Fortune’s 100 Best Companies to Work For

Five hotel companies made the recently released 21st annual Fortune 100 Best Companies to Work For list, which is based on surveyed employee ratings...
New York City

Five Markets With the Most Hotel Construction

Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
Hotel security

12 Ways To Increase Hotel Security

Even when hotels have strong security policies and procedures in place, they are still vulnerable to cyber attacks, break-ins, theft, fraud, and other crimes....
Linens

What Are Your True Variable Costs Per Occupied Room?

Knowing the average, actual costs incurred per occupied guestroom enables a manager to make more prudent pricing and marketing decisions and to monitor expenses....
CLOSE
CLOSE