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Hotel Minibars on the Way Out

Ahhhh, the hotel minibar—the overpriced dinosaur that still takes up space in hotel rooms around the world. In recent years, hotel companies have tried to get creative with their approach to minibars—adding gourmet items and local flavor—but most consumers still ...

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North Korean Ski Resort Close to Opening

When he isn’t busy ordering the execution of relatives, North Korean leader Kim Jong-un spends his time and money building lavish new leisure facilities including a new water park, an amusement park, and a horse riding club. And in 2014, ...

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La Quinta Confidentially Files for IPO

Following the huge Hilton IPO, Blackstone is continuing its momentum by filing an initial public offering for La Quinta. According to this post from Bloomberg, the prospectus was prepared under the Jumpstart Our Business Startups, or JOBS Act, which allows ...

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Hilton Reportedly Exploring Launch of Boutique Brand

The Hilton news just keeps on coming. Following a record-breaking IPO launch that brought in $2.35 billion, Hilton told the Wall Street Journal that expects to launch a new boutique and lifestyle brand in 2014. During an interview at the ...

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