Tag: growth
Red Roof President Andrew Alexander Reflects on this Year’s Brand Conference
Earlier this month, Red Roof hosted its 2019 Brand Conference in Nashville, Tenn. LODGING caught up with Red Roof’s president, Andrew Alexander, to talk...
La Quinta Details Expansion Plans One Year After Joining Wyndham
NEW YORK—One year after joining Wyndham Hotels & Resorts, La Quinta by Wyndham continues to expand its portfolio of hotels, today announcing plans to...
CBRE Forecasts Gradual Slowdown in U.S. Hotel Performance
ATLANTA—The U.S. lodging supply will increase at an annual pace greater than the long-run average through 2022, according to CBRE Hotels Research’s latest report....
U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose
BROOMFIELD, Colo.—Industrywide, U.S. hotel house profit reached a record-breaking $80 billion in 2018, even as labor costs grew at a higher rate than revenues,...
Interstate Adds 18 Hotels To Management Portfolio
ARLINGTON, Va. — Interstate Hotels & Resorts, a third-party hotel and resort management company, recently announced that it added 18 properties with nearly 3,000...