Tag: April 2024
Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
Valor Hospitality Partners Adds DoubleTree Suites Huntsville South to Management Portfolio
ATLANTA—Valor Hospitality Partners expanded its North American portfolio through a recent management acquisition with DoubleTree Suites by Hilton Hotel Huntsville South in Huntsville, Alabama....
Sonesta Opens Red Lion Inn & Suites Elk Grove, IL
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Red Lion Inn & Suites Elk Grove, a 47-room, midscale property in Elk Grove, Illinois.
“The...