Hotel News Resource

The properties acquired are the Courtyard by Marriott and Residence Inn by Marriott, both in Baton Rouge. The hotels have a total of 229 keys.

ADR increases 3.7% to US$109.93

The Baird/STR Hotel Stock Index reported a 0.4-percent increase in April to 2,784. Year-to-date 2013, the Baird/STR Hotel Stock Index is up 13.7 percent. The index ended 2012 at 2,448.

Ruling echoes January 2013 D.C. Circuit Court of Appeals Ruling

Celebrating its 300th milestone and entry into Manhattan, SpringHill Suites by Marriott opened the doors today of its new 173-suite Midtown Manhattan hotel, located at 25 West 37th Street.

Increases the number of contracts between White Lodging and RLJ Lodging Trust to 106.

The Steigenberger Hotel will take up seven storeys of an 18-storey hotel and residential tower, providing 175 guest rooms and suites.

Hotels are bagging traditional room service. Don't expect your room service meal to arrive underneath stainless-steel plate covers on rolling tables at many hotels across the country. Your grub may show up on paper trays or brown paper bags, albeit sturdy ones embellished with hotel logos or designs. The fare is upscale even if the delivery method is not. No-frills room service is increasingly showing up at high-end hotels known for their frilly approach to everything else.

This marks the brand’s first institutional investor, underscoring the confidence developers and Choice Hotels have already expressed for the emerging brand’s performance potential.

Baker & McKenzie's analysis of tax issues in Australia's 2013-14 Federal Budget