Tag: finance
New Group Business Continues Positive Trend into 2016
NEW YORK—Heading deeper into 2016, properties in major North American markets are continuing to experience strong increases in bookings, with 20 of the...
Fitch: U.S. RevPAR Growth Forecast Lowers
NEW YORK—Fitch Ratings has lowered its 2016 U.S. RevPAR growth forecast to 4-5 percent from 4-6 percent. RevPAR growth will not likely exceed 5...
The Urban Hotel Market Challenge
The U.S. hotel industry finished 2015 at its highest occupancy ever. Hotel demand continues to outpace supply, and although the industry is experiencing firmer...
Interstate Invests in 10 Marriott Hotels
ARLINGTON, Va.—Interstate Hotels & Resorts, along with Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets through the United States, announced...
Credit Default Swaps on the Rise
The market for credit default swaps, the tools banks and fund managers use to hedge against losses on corporate and government debt, is on the...