The extended-stay segment of the hotel market continues to prove why it is a favorite among developers. While the segment posted its first RevPAR decline in six years in 2008, it still outperforms the rest of the industry in a number of key ways...

In an ironic twist, amid one of the bleakest economic periods in Detroit's history the city is celebrating the restoration of two landmark hotels downtown that are powerful reminders of its prosperous past. It's a welcome feel-good story for the...

One of the coolest joints for an overnight stay in Boston is the $150 million, 298-room Liberty Hotel, a converted jail that has attracted a slew of celebrities from Paris Hilton and Bruce Willis to British billionaire Richard Branson, who founded...

People like Simon Turner. And he likes them back. Starwood Hotels & Resorts Worldwide's new president of global development, British native Simon Turner, has built the reputation of an executive who stays calm under pressure; a 30-year veteran...

Greg Dillon, long-time Hilton executive, close confidant of Barron Hilton and legend in the hotel real estate industry, died Wednesday at his home in Los Angeles at age 86...

Staff report from Lodging Hospitality

A dismal performance for the U.S. economy in the fourth quarter of 2008 led to a weak showing for the nation’s top 25 hotel markets, according to Smith Travel Research, providing further evidence that the recession is taking a toll on the...

With erratic interest-rate spreads and flatlining issuance volume, the CMBS market is fading fast. Is investor confidence the antidote?

In the dead of January under gray skies and gloomy headlines, savvy hotel investors see a glimmer of light off in the not-too-distant future. The growing consensus among hotel experts is that in the third or fourth quarter, the wrappings will come...