Although Marriott’s not even halfway to its year-end goal of 25 members for its new Autograph Collection, Kip Vreeland, the collection’s vice president, is confident the number is within reach. Hotel Duval, a 117-room...
Many of the usual suspects are back on top of this year’s North America Hotel Guest Satisfaction Index Study from J.D. Power and Associates, but what is somewhat surprising is overall guest satisfaction increased in...
Although the biggest and most expensive distressed hotel assets have garnered the lion’s share of attention over the past 18 months, in reality it’s the upscale and midscale hotels without food and beverage that have...
Over the past two weeks, three separate foreclosure lawsuits have been filed on behalf of bondholders against properties owned by Red Roof Inns, clouding the future of one of the leading players in the lodging...
MGM Mirage CEO Jim Murren called CityCenter’s opening a “game changer.” So did Bill McBeath, the president and CEO of Aria and Vdara. Rick Fedrizzi, the founder and CEO of the U.S. Green Building Council, called it ...
Mixed amid the recent wave of bankruptcies, defaults and foreclosures, there has been a trickle of hotel transactions sparking hope that distressed assets can and will be sold.
On Dec. 8, the W Hotel Union Square in...
Bharat Patel got right to the point about three minutes into the opening general session of the second annual Midwest Lodging Investors Summit earlier this week. Rates are still skidding, according to the chairman and...
Phil Gordon has simple advice for hotel owners looking to refinance today: "Go take a long nap." The head of the hotel and leisure practice group at law firm Perkins Coie says money is not currently available, but the...
