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While ADR could improve slightly over the next year, RevPAR growth likely will remain static, and hoteliers need to act now to preserve profitability.
As international travel to Cuba booms, the Paris-based company is bringing its SO/ brand to the Americas.
“If you build it, they will come” – but not unless developers secure the necessary financing to build a new hotel or convert an existing site to welcome guests…
The 125-room hotel formerly was the Hotel Central Fifth Avenue New York and is the first Citadines property in the United States.
Matthew Adams and Andrew Rubinacci were named EVP of operations and SVP of revenue management and global distribution, respectively.
The Red Lion Hotel Lake Buena Vista South opened following a 2.5-year, $20 million renovation.
Radisson Hotel Group is accelerating its growth in China with key appointments, hotel signings and new openings.
As investors seek “blue chip” locations to secure development financing, nervousness around Brexit has weighed on investment.
Rosewood Hotel Group has named four executives to key leadership positions to support its global growth and Asia expansion.
The St. Clair Hotel’s 208 modern, amenity-filled rooms have been revitalized, renovated and upgraded.
Clarion Point is meant to combine affordability with “premium elements” from the core brand.