Advent International To Acquire Majority Stake in Aimbridge Hospitality
BOSTON—Advent International, a global private equity investor, today announced that it has signed a definitive agreement to acquire a majority ownership interest in North...
Hyatt Completes Two Roads Hospitality Acquisition
CHICAGO—Hyatt Hotels Corporation has completed the previously announced acquisition of Two Roads Hospitality, a lifestyle hotel management company with a collection of brands, properties,...
Cushman & Wakefield Acquires Colicchio Consulting
NEW YORK—Cushman & Wakefield has announced that Phil Colicchio and Trip Schneck, co-founders and principals of Colicchio Consulting, have joined the firm. The acquisition...
Bulk TV & Internet, DCI Design Communications, and EthoStream Merge and Become Allbridge
RALEIGH, N.C.—Bulk TV & Internet, DCI Design Communications, and EthoStream today introduced Allbridge, the new name and corporate identity of the recently merged entities....
Jin Jiang Completes Radisson Hospitality Acquisition
Minneapolis—Today, a consortium led by Jin Jiang International Holdings Co., Ltd (Jin Jiang International) announced that it has completed the acquisition of Radisson Hospitality,...
Hogan Hospitality Group Acquires Marin Management Inc.
HONOLULU—Hogan Hospitality Group (HHG), a hotel management company with flagship properties in the state of Hawaii, has obtained a majority interest in Marin Management...
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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...
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....
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...
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....
