Tag: economy
Is the Perfect Storm Brewing for Hospitality Properties?
At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the...
Is the Industry Upcycle Ending?
After a strong decade of growth in the hospitality sector, coupled with recent trade wars and monetary policy changes, the question at the top...
Super 8 Adopts the Spirit of Sharing with ROOM8
Super 8 by Wyndham is launching its new ROOM8 design concept based on the submission of ROOM8 Design Challenge winner Candice Buttars, an undergraduate...
Chic, Not ‘Cheap’: Fledgling Indian Hospitality Company Brings Concept To the United States
Only 25 now, Ritesh Agarwal, founder and group CEO, OYO Hotels & Homes, recognized the need for affordable and good-quality hotels in the unbranded...
AHIP Sells 45 Economy Hotels for $215.5 Million To Focus on Premium-Branded Portfolio
VANCOUVER—American Hotel Income Properties REIT LP (AHIP) has agreed to sell its economy lodging portfolio of 45 hotel properties to an affiliate of VCM,...