Hotel

Under the deal, each FelCor share will be converted into 0.362 shares of newly issued shares of RLJ common stock in a taxable merger.

Limited-service hotels tend to be cheaper to build, without the cost of developing and maintaining a commercial kitchen and dining area. 

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While most market experts agree that the hotel sector will experience slightly lower occupancy rates in the year ahead as new supply catches up to demand, there seems to still be enough fuel for revenue per available room (RevPAR) growth in the...

Hotels had another great year in 2016, even though developers keep on opening new properties. For the whole year of 2016, the occupancy rate for hotels averaged 65.5 percent in the U.S., according to hotel data firm STR...

(Bloomberg)—Donald Trump’s new Washington hotel, located just blocks from the White House, owes electricians, wood workers and a plumbing and heating business more than $5 million for unpaid labor, according to liens filed against the...