 | Newswire
Hotel group, vacation ownership growth drive Wyndham Worldwide's Q1 performance 24 Apr, 2013
Wyndham Hotel Group posted first quarter 2013 revenue of $222 million, in increase of 20 percent compared to the same quarter in 2012. EBITDA was $58 million, an 18-percent jump over Q1 2012. According to Wyndham Worldwide, results reflect RevPAR gains, a larger system size and revenue associated...More>>
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 | Newswire
Survey closes Friday! Take our 2013 Franchise Fees Survey today 22 Apr, 2013
Hotel Management's 2013 Franchise Fees Survey will be open until Friday, May 10, and results will be published in the June issue of Hotel Management magazine. This survey is open to hotel brands that are franchised in the U.S. Data submitted should reflect U.S. numbers only. Take it today; it's...More>>
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 | Newswire
Starwood's plan to unload $3B in hotels 4 Apr, 2013
Starwood Hotels & Resorts Worldwide, like many other global hotel companies, is vocal about its long-term goals to go asset-light and focus on management of its hotels rather than ownership. CEO Frits van Paasschen reiterated that goal today to Bloomberg as the company wrapped up its monthlong...More>>
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 | Newswire
More hotel brands look to expand in Iraq 27 Mar, 2013
Several international hotel chains, including Marriott, Hilton and InterContinental Hotels, are targeting the Kurdistan region, with several openings slated over the next two years. Notably, Hilton has signed a management agreement with Kurdonia Company for Tourism & Hospitality Ltd., owned fully...More>>
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 | Newswire
Exclusive: Interstate's Jim Abrahamson on Sanguine portfolio acquisition 1 Mar, 2013
Today, Interstate Hotels & Resorts announced it acquired the management platform of the U.K.-based Sanguine Hospitality. As part of the transaction, Interstate will take management of 14 hotel properties in the U.K. comprising more than 1,900 guestrooms. Interstate's CEO Jim Abrahamson spoke...More>>
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 | Article
ALIS: Hoteliers are optimistic and this time they really mean it 23 Jan, 2013
LOS ANGELES – No doubt about it, “optimism” was the word of the day as the 2013 Americas Lodging Investment Summit kicked off here. Hoteliers and developers seem to have shed the cloak of uncertainty that characterized 2012’s election year and are ready to embrace recovery head-on by taking...More>>
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 | Newswire
ALHI adds new member hotels in Sydney, Czech Republic 3 Dec, 2012
The Langham, Sydney joins as ALHI’s first member hotel in that global destination, and as ALHI’s second member hotel in Australia, joining The Langham, Melbourne. Meanwhile, the Augustine Hotel Prague in Prague becomes ALHI’s first member hotel in that city in The Czech Republic.More>>
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 | Newswire
Groupe Germain brings ALT to Ottawa 14 Nov, 2012
Groupe Germain Hospitalite, with developer Broccolini Construction, will bring a 148-room ALT Hotel to downtown Ottawa, Canada, set to open in 2014 as part of a mixed-use development. More>>
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 | Article
The Lodging Conference: Brand execs talk straight on the election, technology, financing and more 3 Oct, 2012
PHOENIX—Hotel brand executives kicked off the discussion at this week’s Lodging Conference at the Arizona Biltmore by sharing their thoughts on everything from politics to hotel financing, with some surprising results. More>>
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 | Article
Best Western to enter extended-stay segment 1 Oct, 2012
Best Western will dip its toe into the extended-stay hotel segment next year, according to Mark Williams, VP of North American Development for Best Western International. The company hosted media at its Phoenix headquarters yesterday and shared early details of the new prototype, which calls for a...More>>
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