Tag: growth
Sonesta Adds Nine Hotels and Launches Upscale Brand: Sonesta Select
Newton, Mass. — Sonesta International Hotels Corporation this week announced the addition of nine new hotels to its growing portfolio of U.S. destinations and...
IHG Added 65,000 Rooms Globally in 2019
This week, IHG reported its 2019 Preliminary Results, including net system size growth of 5.6 percent1, the strongest in over a decade with 65,000...
Top Executives on the Close of the Aimbridge-Interstate Merger
A scant two months after announcing their intention to do so, Aimbridge Hospitality and Interstate Hotels & Resorts completed their planned merger. Describing for...
Execs Discuss Wyndham’s Long Game at 2019 Global Conference
From September 25-27, more than 7,000 hoteliers, developers, vendors, and other hotel professionals convened at Mandalay Bay Resort & Casino in Las Vegas for...
HotStats: Profit Growth Continues for U.S. Hotels
Any concern over a weakening U.S. economy has not yet infiltrated U.S. hotel industry profits. GOPPAR increased 1.4 percent year-over year in August, matching...
