Tag: lodging daily news
The Backstory of the Marriott-Starwood Merger
The Marriott-Starwood merger was one of the biggest hospitality stories of 2015. However, most people don’t know the long and winding road it took...
End of 2015 Sees Strong Employment Numbers
Franchise employment growth finished strong in December, adding the second most jobs of any month in 2015. According to the ADP National Franchise Report,...
Goldman Sachs Invests in Indian Hotel Firm
Goldman Sachs has invested 4.4 billion rupees ($66 million) for a significant minority stake in Indian hotel investment and development firm Samhi Hotels, the...
Global Markets Recover After Big Drop
Stock markets around the world are recovering today with Asian stocks closing slightly down, and European and New York markets opening higher. This was...
Could the Economy Tank in 2016?
Last month, the Federal Reserve raised short-term interest rates for the first time in nearly a decade as the unemployment rate continues to decline....