Select Financial Performance - By Robert Mandelbaum and Steven Nicholas CHA
The great investment return that the limited-service segment can provide is probably the worst kept secret in the hospitality business. Gone are the days that any hospitality professional will say, 'No one will stay at a hotel without all the bells and whistles of a full-service hotel.'...more
Canadian Occupancy, ADR, RevPAR - Week Ending June 14, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada....more
New Name For HFTP's Guestoom of the Future Announced
After a successful third year at Hospitality Industry Technology Exposition and Conference (HITEC(R)), Hospitality Financial and Technology Professionals (HFTP(R)) announced a new name for its innovative model hotel room exhibit. GUESTROOM 2010 will now be called G2X (GUESTROOM 20X). ...more
La Quinta Announces Temple H. Weiss as Chief Financial Officer
La Quinta announces Temple H. Weiss has been selected as executive vice president and chief financial officer to succeed Robert Harshbarger, who retired in May. Mr. Weiss will report to Wayne Goldberg, La Quinta's president and chief executive officer....more
Rezidor Announces the Park Inn Graz
The Rezidor Hotel Group (STO:REZT) announces the Park Inn Graz - the 194-room property is scheduled to welcome the first guests in Q3 2010. ...more
Staybridge Suites Debuts Outside The Americas
Liverpool home to the UK's first Staybridge Suites - Launch of Staybridge Suites Cairo CityStars this weekend - Expansion to Russia as first two Staybridge Suites hotels signed...more
American Hotel Development Partners Break Ground on Holiday Inn Express Savannah
American Hotel Development Partners, LLC announced today that they celebrated groundbreaking on their Holiday Inn Express Inn & Suites project located in Savannah, Georgia. Executives from American Hotel Development Partners (AHDP) were joined by local dignitaries for the June 19th ground breaking ceremony and reception....more
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