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Young Families Are Spending, Traveling Despite Projected Slowdown

NEW YORK– In a year of projected slowdown for travel, young families in the so-called "Millennial" generation are going to spend more and travel more than all other generational segments according to MMGY Global’s Portrait of American Travelers survey. This year’s survey predicts that the approximately 60 million traveling households in the U.S. will spend up to $5 billion less...

Value Place Debuts New Design Generation

WICHITA, Kan.—Value Place unveiled a refreshed property standard that delivers cost efficiency and convenience for operators and new room features for guests. The new “Value Place 2.0” offers enhancements that range from more energy-efficient lighting and appliances to improved locking systems and expanded storage and counter space. Value Place’s property in Alpharetta, Ga., is the first location to incorporate the...