PwC: ADR Growth Lags, Despite Peak Occupancy Levels
NEW YORK—An updated lodging forecast released today by PwC US expects revenue per available room (RevPAR) growth in 2015 to be driven more by...
Best Western Signs Largest Multi-Hotel Deal in 70-Year History
PHOENIX—Best Western Hotels & Resorts today announced major activity in Thailand, with the signing of the largest-ever multi-hotel agreement in the company’s storied 70-year...
AmericInn Signs Minnesota Hotel
BAXTER, Minn.—AmericInn, the largest mid-scale hotel brand in the upper Midwest, today announced that it is expanding yet again in 2016, this time into...
Hoteliers Continue to be Sharp with Budgeting Accuracy
It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive...
Louvre Hotels Group Buys Majority Stake in Sarovar
Louvre Hotels Group has acquired a majority stake in Sarovar Hotels, an independent Indian hotel chain. This marks the European hotel group's first...
Most Popular
Omni Las Colinas Completes $33 Million Property-Wide Renovation
DALLAS, Texas—Omni Las Colinas Hotel announced the completion of a $20 million renovation across all 421 guestrooms, including 111 luxury suites, and the Las...
Margaritaville Kansas City Hotel Officially Opens
KANSAS CITY, Kansas—Margaritaville Hotel Kansas City is officially open, as the new resort-style hotel is welcoming overnight guests starting immediately. Located in Kansas City,...
Procaccianti Companies Secures Final Approvals for The Bellevue Hotel in Newport, Rhode Island
PROVIDENCE, RHODE ISLAND—Procaccianti Companies announced that it has obtained all required approvals to develop and construct The Bellevue Hotel, a 91-key luxury boutique property...
Advertisement