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Median Franchise Cost is 11.8 Percent of Rooms Revenue

Median Franchise Cost is 11.8 Percent of Rooms Revenue

The median franchise cost is 11.8 percent of rooms revenue, according to the 2014 United States Hotel Franchise Fee Guide from HVS. Franchise fees for full-service brands were mostly above the median franchise cost, while extended-stay brands were largely below ...

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U.S. Reviews Sale of Waldorf Astoria

U.S. Reviews Sale of Waldorf Astoria

Concerned about potential security risks, the U.S. government is taking a close look at the Oct. 6 sale of the Waldorf Astoria New York to Anbang Insurance Group, according to US News & World Report. The Beijing-based insurance group purchased ...

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AH&LA Appoints Matthew MacLaren Senior VP, Member Relations

AH&LA Appoints Matthew MacLaren Senior VP, Member Relations

The American Hotel & Lodging Association (AH&LA) today announced the appointment Matthew MacLaren as senior vice president of member relations. In this new role, MacLaren will oversee membership, partner state association relations, allied partnership and legal issues. Additionally, new executive ...

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