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Has the Lodging Recovery Stalled?

Has the Lodging Recovery Stalled?

July 28, 2016

Introduction Lodging was the property sector most affected by the recession, but has shown a remarkable comeback during the recovery. After closing 2015 with...

Concord Hospitality Positions for Future Growth

Concord Hospitality Positions for Future Growth

July 28, 2016

Data-Focused Strategy and Centralized Budgets Deliver Accurate Daily Performance Forecasts to Optimize Profitability for Concord’s 90+ Chain and...

Agilysys Announces General Availability of Groundbreaking rGuest® Buy Self-Service Kiosk Solution

Agilysys Announces General Availability of Groundbreaking rGuest® Buy Self-Service Kiosk Solution

July 28, 2016

Next-Generation POS Kiosk Extends Agilysys’ Leadership in Cloud-Based POS Solutions ALPHARETTA, GA. — July 28, 2016 — Agilysys, Inc....

A Singular Venue, an Inspiring Vision:  Top 10 Factors That Distinguish UCLA’s Meyer & Renee Luskin Conference Center

A Singular Venue, an Inspiring Vision:  Top 10 Factors That Distinguish UCLA’s Meyer & Renee Luskin Conference Center

July 28, 2016

Los Angeles,  California, July 2016 …The resources of a great university, unparalleled technical sophistication and connectivity, a commitment to...

Marriott International Reports Q2 2016 Net Income of $247 million, a 3% Increase Over Prior Year Results

Marriott International Reports Q2 2016 Net Income of $247 million, a 3% Increase Over Prior Year Results

July 28, 2016

Highlights: Second quarter reported diluted EPS totaled $0.96, a 10 percent increase over prior year results. Excluding transition and transaction costs...

Hersha Hospitality Trust Reports Q2 2016 Net Income of $102.2 million Compared to $15.6 million in the Prior Year

Hersha Hospitality Trust Reports Q2 2016 Net Income of $102.2 million Compared to $15.6 million in the Prior Year

July 28, 2016

- Comparable Portfolio RevPAR Growth of 2.6% - - Sells 7 Hotels to Cindat at a 5.4% Capitalization Rate - - Issues Preferred Shares at Lowest Coupon in...

Extended Stay America Reports Q2 2016 Net Income of $64.1 million Compared to $64.8 million for Same Period in 2015

Extended Stay America Reports Q2 2016 Net Income of $64.1 million Compared to $64.8 million for Same Period in 2015

July 28, 2016

Second Quarter Net Income of $61.4 million Second Quarter Adjusted EBITDA1 of $164.7 million Second Quarter Total Revenues of $332.8 million Second Quarter...

AccorHotels Reports Solid First-Half 2016 Results Driven by Transformation Plan

AccorHotels Reports Solid First-Half 2016 Results Driven by Transformation Plan

July 28, 2016

Revenue up 2.0% (LFL) to €2,598 million EBIT down 4.0% (LFL) to €239 million Net profit, group share of €74 million * * * Full-year 2016...

Duetto Brings its Revenue Strategy Solutions to Dream Hotel Group

Duetto Brings its Revenue Strategy Solutions to Dream Hotel Group

July 28, 2016

Ten Luxury Hotels in Unique Destinations Benefit from Open Pricing to Drive Better Pricing Decisions New York, July 28, 2016 – Duetto, the market...

Pan Pacific Hotel Seattle Bringing Mobile Power to Guests Outside of Guestrooms with Kube Systems

Pan Pacific Hotel Seattle Bringing Mobile Power to Guests Outside of Guestrooms with Kube Systems

July 28, 2016

The Kube 5 Portable mobile device charging system is in constant use at this Forbes four-star luxury boutique hotel in the restaurant and bar, lobby, outdoor...

American Hotel & Lodging Educational Institute Honors Christine Saldanha as Outstanding Distance Learning Student

American Hotel & Lodging Educational Institute Honors Christine Saldanha as Outstanding Distance Learning Student

July 28, 2016

Orlando, Florida, July 2016—The American Hotel & Lodging Educational Institute (AHLEI) has named Christine Saldanha, executive housekeeper at the...

Worst Practices In Revenue Management – Part Two

Worst Practices In Revenue Management – Part Two

July 28, 2016

By Jean Francois Mourier The hotel industry is very competitive and it’s crucial that hoteliers stand out and attract the attention of consumers online....

HNA Sends Letter to NH Hotel Shareholders

HNA Sends Letter to NH Hotel Shareholders

July 28, 2016

MADRID -- HNA Group ("HNA") today issued the following letter to NH Hotel Group (“NH Hotel”) (BME:NHH) shareholders: Dear Fellow...

South Africa’s Hotel and Tourism Sector Set for Steady Growth as Visitor Numbers Continue to Grow

South Africa’s Hotel and Tourism Sector Set for Steady Growth as Visitor Numbers Continue to Grow

July 28, 2016

The new visa regulations had a sharp impact on the South African tourism industry JOHANNESBURG, South Africa, July 28, 2016 -- South Africa’s hotel...

Hospitality Ventures Management Group (HVMG) Acquires Marriott and Embassy Suites in Winston-Salem, North Carolina

Hospitality Ventures Management Group (HVMG) Acquires Marriott and Embassy Suites in Winston-Salem, North Carolina

July 28, 2016

ATLANTA, Ga. (July 28, 2016) – Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel ownership and management company, today...

Hersha Hospitality Trust Acquires The Envoy Hotel in Boston’s Seaport for $112.5 Million

Hersha Hospitality Trust Acquires The Envoy Hotel in Boston’s Seaport for $112.5 Million

July 28, 2016

PHILADELPHIA -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of upscale hotels in urban gateway markets,...

A Fresh Start for U.S. Hotel Brands in Cuba?

A Fresh Start for U.S. Hotel Brands in Cuba?

July 28, 2016

Behind the colonial facades of Havana’s historic hotels, times are changing as Cuba and the United States start to rebuild their fractured relationship....

Omni Frisco Hotel Celebrates Topping Out Nine Months After Groundbreaking

Omni Frisco Hotel Celebrates Topping Out Nine Months After Groundbreaking

July 28, 2016

FRISCO, TX (July 27, 2016) – Today, executives from Omni Hotels & Resorts, the Dallas Cowboys, along with Frisco Mayor Maher Maso, commemorated the...

Caroline Beteta and Christopher J. Nassetta to Join U.S. Travel Hall of Leaders

Caroline Beteta and Christopher J. Nassetta to Join U.S. Travel Hall of Leaders

July 28, 2016

WASHINGTON (July 28, 2016)—Longtime travel industry leaders Caroline Beteta and Christopher J. Nassetta are the 2016 inductees into the U.S. Travel Hall...

Michele Caniato Joins sbe as Chief Brand Officer

Michele Caniato Joins sbe as Chief Brand Officer

July 28, 2016

LOS ANGELES, July 28, 2016 -- sbe, the Los Angeles-based leading lifestyle hospitality company that develops, manages and operates award-winning...

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