Tag: growth
Extended-Stay Hotels Remain Attractive To Hoteliers and Guests
Hoteliers are continuing to enjoy strong performance in the extended-stay segment. These hotels’ home-like amenities are responsible for their rising popularity among travelers, and...
Upscale Climb: How the WorldHotels Collection Suits Best Western
As longtime president and CEO of Best Western Hotels & Resorts, David Kong has led the company’s growth to its current global portfolio of...
Magnuson Credits Distribution Platform for Occupancy Growth of 8 Percentage Points
London/Spokane, Wash.—Magnuson Hotels today reported a chainwide occupancy increase of 8 percentage points across its branded and soft-brand portfolios for the last six months...
Marriott Reports Fourth Quarter Earnings, Slow RevPAR Growth in North America
Yesterday, Marriott International reported the company's fourth quarter 2018 results, including an increase in global RevPAR for the fourth quarter and full year (1.3...
Red Roof Grows Footprint, Enters New York City Market
Columbus, Ohio—Red Roof ended the year with a 17 percent year-over-year increase in property openings across all brands, including Red Roof Inn, Red Roof...