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Chatham, Northstar to Acquire $1.1B Hotel Portfolio

PALM BEACH, Fla.—Chatham Lodging Trust today announced that it has acquired the recently re-opened 194-room Hyatt Place Denver/Cherry Creek for $32 million, or approximately $165,000 per room. In addition, the company has entered into...

For Franchisees, Seattle’s Minimum Wage Law Offers More Questions Than Answers

A line has been drawn in the sand. But for Seattle’s franchisees, including its flagged hotels, where that line exists depends on where the dust ultimately settles. The city’s new minimum wage ordinance, which,...

Gary Sims Joins Pyramid Resorts Group as SVP

BOSTON, Mass.—Officials of Pyramid Hotel Group today announced Gary L. Sims has joined the company as senior vice president of Pyramid’s Resort Group. He will be responsible for overseeing the company’s resort properties under...

Should You Worry About Airbnb?

Say what you will about Airbnb, the San Francisco-based company gets headlines. That’s largely because the online marketplace for short-term room rentals is sending a shot across the bow of the hospitality establishment. While...

Making the Brand: 8 Ingredients to Success

The Great Brand Bubble of 2007 saw the announcement of roughly 36 new hotel brands. Then came the Great Recession and the bursting of that bubble. For hoteliers, being part of these new brands...
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