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Philly Hotels Best Rated in the Country, Survey Shows

Philly Hotels Best Rated in the Country, Survey Shows

According to a recent survey from TravelMag.com, hotels in Philadelphia have earned the distinction of being the best rated in the United States. The survey compared 30 main destinations in the United States using the customer reviews their hotels have ...

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IHG Reportedly Turns Down Takeover Bid

IHG Reportedly Turns Down Takeover Bid

InterContinental Hotels Group has rejected a secret takeover offer from an unknown bidder, according to Sky News. The report states that IHG’s board met a few weeks ago to consider the offer, but dismissed it on the grounds that it ...

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Brookfield Acquires Thayer Lodging Group

Brookfield Acquires Thayer Lodging Group

Toronto-based Brookfield Asset Management has acquired Thayer Lodging Group Inc., a privately held hotel investment company. Since forming its first private equity fund more than two decades ago, Thayer completed 43 hotel investments with a total acquisition cost of approximately ...

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Carlson Sells TGI Fridays to Sentinel Capital Partners

Carlson Sells TGI Fridays to Sentinel Capital Partners

Carlson announced that it has entered into a definitive agreement for the sale of TGI Fridays Restaurants to Sentinel Capital Partners and TriArtisan Capital Partners. The Wall Street Journal reported that the sale of the global restaurant chain values Fridays at ...

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New Subpoena Issued in New York Airbnb Case

New Subpoena Issued in New York Airbnb Case

A day after a New York judge ruled the state’s request for information on Airbnb hosts was too broad, New York attorney general Eric Schneiderman issued a revised subpoena in it’s ongoing probe of the short-term online rental marketplace. According ...

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