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In the fall of 2010, when U.S. hotel managers were preparing 2011 budgets, most industry participants were pleasantly surprised at the strong pace of the recovery in lodging demand. By year-end 2010, the occupancy level for U.S. hotels increased by ...

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Rising Residence Inn

New developments, especially those of the large-scale variety, are hard to come by these days. But in Chicopee, Mass., near Springfield, BK Investments and Waterford Hotel Group are teaming up to build a new Residence Inn by Marriott to be ...

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Kent State University Foundation Developing 95-Room Hotel

KENT, Ohio—A unique public/private partnership, that includes $9 million in New Markets Tax Credits (NMTC) from Finance Fund, and $6.5 million from Development Fund of the Western Reserve (DFWR), will enable the Kent State University (KSU) Foundation to fund an ...

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Hilton Hotels & Resorts Set To Debut On Istanbul’s Asian Side

ISTANBUL—Hilton Worldwide today announced the signing of a franchise agreement with Emaytaş Turizm Gayrimenkul Yönetim Hizmetleri Sanayi ve Tic A.Ş. to open Hilton Worldwide’s first Hilton Hotels & Resorts branded property on the Asian side of Istanbul. Hilton Istanbul Kozyataği ...

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Pullman Opens 14th Property in China

Pullman, Accor’s upscale hotel brand, announced the opening of Pullman Anshan Time Square, in downtown Anshan, the city dubbed China’s “Capital of Iron and Steel.” This new opening, in the north-eastern Liaoning Province, illustrates Pullman’s expansion in China, which ranks ...

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