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PwC: Room Rate Gains to Accelerate in 2015

PwC: Room Rate Gains to Accelerate in 2015

NEW YORK—An updated lodging forecast released today by PwC US anticipates room rate gains to accelerate and drive a revenue per available room (RevPAR) increase in 2015, as hotels achieve occupancy levels reflecting the solid lodging demand trends of recent ...

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Cobblestone Hotels Opens Second Pennsylvania Property

Cobblestone Hotels Opens Second Pennsylvania Property

NEENAH, Wis.—Cobblestone Hotels has once again brought its presence to Pennsylvania by opening Cobblestone Inn and Suites in the city of Corry. “Corry is a perfect fit for the Cobblestone family,” says Brian Wogernese, president of Cobblestone Hotels, LLC. “The ...

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Carey Watermark Acquires Staybridge Suites Savannah

Carey Watermark Acquires Staybridge Suites Savannah

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Staybridge Suites Savannah Historic District, a 104-room select service hotel located in Savannah, Ga. The hotel is located in Savannah’s Historic District, the largest National Historic Landmark District ...

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LINQ Hotel & Casino Welcomes First Guests

LINQ Hotel & Casino Welcomes First Guests

LAS VEGAS—The LINQ Hotel & Casino, the latest addition to Caesars Entertainment’s portfolio of Las Vegas resorts, is now open. “Our billion dollar transformation of the east side of the Las Vegas Strip is the result of the major transition ...

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