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Extended Stay America Donates Rooms to Cancer Patients

Extended Stay America Donates Rooms to Cancer Patients

In a potentially lifesaving partnership with the American Cancer Society, Extended Stay America (ESA) is providing 40,000 room nights over two years to cancer patients receiving treatment away from home. With the program, called Keys of Hope, ESA offers half ...

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Hoteliers Continue to be Sharp with Budgeting Accuracy

Hoteliers Continue to be Sharp with Budgeting Accuracy

It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive year, management’s projections of revenues, expenses, and profits contained in their budgets have been extremely accurate. ...

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La Quinta Remains Agile While Focusing on Growth

La Quinta Remains Agile While Focusing on Growth

Going public in April is just another milestone in La Quinta’s steady transformation from regional player to national brand. In La Quinta’s first earnings call since the IPO, the company reported a profit of $17.5 million and raised its full-year ...

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Shashi Group Shares Advice for First-Time Franchisees

Shashi Group Shares Advice for First-Time Franchisees

Shashi Group’s technology-savvy founders, Dipesh Gupta and Manish Gupta, recognized early on the significant hotel supply-and-demand gap in Silicon Valley, says Narayanan Karu, vice president of finance and asset management. Top Fortune 500 technology companies, including Apple, Google, Facebook, and ...

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Lodging Industry Attracts New Blood, Fresh Ideas

Lodging Industry Attracts New Blood, Fresh Ideas

Developer Tim O’Reilly may not have grown up in the lodging industry, but his family knows a thing or two about delivering good old-fashioned hospitality and first-rate customer service. In 1957, his great-grandfather and grandfather founded O’Reilly Automotive, which started ...

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