Data-Driven OPEX Energy Upgrades Manage Risk During Economic Downturns
Predictability is good for business, yet remains rare in the hospitality industry where volatility is legendary. While hoteliers have enjoyed a decade of transformational...
Marriott, Hilton, and IHG Lead the U.S. Hotel Construction Pipeline
PORTSMOUTH, N.H.—In the Lodging Econometrics (LE) year-end report for 2018, analysts detailed the leading franchise companies and their brands in the U.S. construction pipeline. Marriott...
ALIS 2019: Four Issues Facing the Hotel Industry
This week, thousands of hotel executives, investors, developers, and hospitality professionals from across the country gathered at the JW Marriott & Microsoft Theater in...
Kona Village, a Rosewood Resort, To Open in 2022 After Renovation
Rosewood Hotels & Resorts has been appointed by global real estate investment company Kennedy Wilson to manage Kona Village, A Rosewood Resort, which is...
Red Roof Grows Footprint, Enters New York City Market
Columbus, Ohio—Red Roof ended the year with a 17 percent year-over-year increase in property openings across all brands, including Red Roof Inn, Red Roof...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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