Bill Shaw has seen a lot in his 37 years in the hospitality industry. When he joined Marriott in 1974, the company was a mid-size conglomerate. Today, it is the most-respected lodging-focused company in the world, and...
It may not be, as ALIS organizer Jim Burba suggests, “finally heaven in 2011,” but the lodging industry’s operational performance and financial health are finally back on track. That was the consensus of a panel of...
A unique partnership between the Savannah College of Art and Design and IHG’s Staybridge Suites brand has born fruit. The first hotel in the brand’s portfolio to open with designs created by interior design students...
Lodging is the most management-intensive segment of the commercial real estate industry. And while location and financial structure are critical, operating performance may be the primary driver of value in a hotel...
John Russell is writing a new chapter in his long career in the hotel industry. He and a team of other American lodging veterans are partnering with Auromatrix , a 20-year-old Indian hospitality and technology company...
The extended-stay segment is leading the lodging industry back to prosperity. The third quarter was the best in the history of the segment, according to a report from The Highland Group, an Atlanta-based consulting...
Boutique and lifestyle hotels have come of age in the eyes of an increasing number of lenders. Debt financing, in particular, has become more consistently available in recent months, said several panelists during a...
Despite opposition from Republicans, Congress recently passed and President Obama signed into law the Small Business Jobs and Credit Act of 2010. The legislation could prove to be a boon for some hotel real estate...
A first-of-its-kind Courtyard by Marriott has opened near Pittsburgh. The 124-room property in suburban Settlers Ridge is the brand’s first LEED-certified hotel developed from a prototype created by Concord Hotels...
