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Ashford Trust Enters Into Nine New Franchise Agreements

Ashford Trust Enters Into Nine New Franchise Agreements

DALLAS—Ashford Hospitality Trust announced that as part of the company’s ongoing asset management initiatives, it has entered into a franchise agreement to convert the 258-room, Crowne Plaza Beverly Hills to a Marriott after the expiration of the existing Crowne Plaza ...

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Rethinking Strategic Revenue Management

Rethinking Strategic Revenue Management

The main function of revenue management is to maximize income through operational decision making, primarily around price and inventory control. It has played a critical role in travel, hospitality, and transportation industry marketing departments since the mid-1990s. In many cases, ...

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Detroit Hotel Market is Shifting Gears

Detroit Hotel Market is Shifting Gears

Following three years of consecutive RevPAR growth and occupancy gains, Detroit has repositioned itself as a key hotel market. With the ongoing recovery of the auto industry and revival of the downtown corridor, hoteliers are starting to see Detroit as ...

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