Africas maturing hotel sector is no longer all about the luxury properties catering for high-end travelers.
The Baird/STR Hotel Stock Index increased 5.0% in November, closing the month at 4,732. Year to date through the first 11 months of 2017, the index was up 27.8%.
icensing of new midscale brand signals significant growth opportunity for IHG in Canada
Chatham Lodging Trust (NYSE: CLDT) today announced that it has acquired the 219-suite Embassy Suites by Hilton in Springfield, Virginia for $68 million, or approximately $310,000 per suite.
Starfleet Research, the leader in best practices IT research for the hospitality industry, has announced the availability of two new Smart Decision Guides on next-generation hotel and restaurant technologies. These authoritative 'must read' resources are: The 2017 Smart Decision Guide to Restaurant Management and POS Systems and The 2017 Smart Decision Guide to Hotel Property Management Systems.
Projected to open by the end of Q3 2018, the avid hotel Oklahoma CityQuail Springs will be a four-story, new-build hotel with 87 guest rooms, and will be owned and operated by Oklahoma-based Champion Hotels, the largest privately-held hotel operator in the U.S.