Home / Finance + Development (page 27)

Category Archives: Finance + Development

Feed Subscription

Hotels Experience Healthy Growth in Both Bookings and Rate

Hotels Experience Healthy Growth in Both Bookings and Rate

The transient segment, which consists of individual business and leisure travelers, continues to be the driver of significant growth in the hotel market this summer season, according to data from the June 2014 TravelClick North American Hospitality Review (NAHR). However, ...

Read More »

U.S. Hotels in Profitable Portion of Recovery Cycle

U.S. Hotels in Profitable Portion of Recovery Cycle

Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in net operating income (NOI) during the year. Looking forward, the combination of rising average daily rates ...

Read More »

FHG Opens New Hyatt Place Hotel

FHG Opens New Hyatt Place Hotel

ROSEMONT, Ill.—Hyatt Hotels & Resorts and First Hospitality Group Inc. have opened Hyatt Place Champaign/Urbana. It is the first Hyatt-branded hotel to open in downtown Champaign. “As Champaign continues to grow, we are excited to add to the momentum by ...

Read More »
Scroll To Top