Tag: lodging daily news
HNA Turning Rezidor Hotel Group Into Global Chain
Rezidor's Chief Executive Officer Wolfgang Neumann says HNA Group, which in April agreed to buy a 51 percent stake in the hotel group, plans to...
Blackstone Allegedly Planning $1.1 Billion Sale
Blackstone Group is rumored to be selling hotels operated under Hilton Worldwide Holdings’ DoubleTree brand in London, Dublin, and Amsterdam for an estimated $1.1...
Sizing Up the U.S. Pipeline by Brand
At the end of April, the U.S. hotel industry had 407,413 branded guestrooms under contract, representing an 18 percent increase from the 2015 data....
How Millennials View Brand Loyalty
A recent survey shows that millennials typically use general travel comparison sites such as Google and booking sites when booking travel versus booking direct....
April RevPAR Growth Rebounds After Slow Q1
The U.S. hotel industry saw RevPAR increase 5 percent in April, with an occupancy of 68.1 percent, the highest April occupancy ever recorded. The...