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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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Average Selling Price Per Room on the Rise

Average Selling Price Per Room on the Rise

The competition for properties in certain markets is heating up among buyers, as REITs and private equity groups with similar strategic objectives compete for large, high-end hotels in the central business districts of major cities—key areas that have experienced a ...

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Foli Looks to Digitally Deliver Hotel Newspapers

Foli Looks to Digitally Deliver Hotel Newspapers

It used to be that having a newspaper dropped at a guestroom doorstep was an essential amenity, especially for business travelers. Nowadays, with so many guests getting their news online, newspaper delivery just seems like a lot of money to ...

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