Hersha Hospitality Trust Closes Sale of Hotel 373

PHILADELPHIA—Hersha Hospitality Trust announced that the company has closed on the previously-announced sale of Hotel 373 in midtown Manhattan for $37 million, or approximately...
Top 25 Markets

Hotels Continue to Invest in People and Technology

The introduction of technology has influenced the duties of on-site hotel sales personnel over the years. The Internet, sophisticated revenue management programs, and social...

Leisure Travel Leads the Charge in Booking and Rates

NEW YORK—The hotel industry saw a healthy start to the year and is continuing to show gains in both demand and average daily rate...

Lodging Enters Expansionary Phase of Real Estate Cycle

In 2013, the lodging industry reached an estimated total investment of $21.8 billion, the highest level since 2009. This is expected to accelerate higher...

PKF Forecasts Double-Digit Gains in NOI Through 2015

ATLANTA, Ga.—According to the 2014 edition of Trends in the Hotel Industry, an annual report recently released by PKF Hospitality Research LLC (PKF-HR), hotel...
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14 Hotel Companies Among 2019 Best Employers for Diversity

Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
cockroach pests

How to Spot and Get Rid of Common Household Pests in Hotels

Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...
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...
Women in LODGING 2018

15 Women Moving Up Hospitality’s Career Ladder

Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...
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