Tag: economy
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,...
Three Reasons the Economy Sector of Hospitality Is So Profitable
Rob Palleschi, CEO of G6 Hospitality, the parent company of Motel 6 and Studio 6, shares some of the reasons the economy sector of...