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Hot Outlook for Hotels During the Winter Months

Hot Outlook for Hotels During the Winter Months

NEW YORK—Hotels in major North American markets are continuing to experience steady growth in both rate and occupancy across all travel segments, according to data from the August 2014 TravelClick North American Hospitality Review (NAHR). “While summer may be coming ...

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Commune Hotels & Resorts to Bring Thompson Hotel to Nashville

Commune Hotels & Resorts to Bring Thompson Hotel to Nashville

SAN FRANCISCO, Calif.—Commune Hotels & Resorts continues to strategically expand the portfolio of Thompson Hotels in the country’s fastest growing cities. The lifestyle hotel brand is being ushered into Nashville by MarketStreet Enterprises, the master developer of Music City’s The ...

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Taking Advantage of New Hotel Tax Incentives

Taking Advantage of New Hotel Tax Incentives

Hotel owners now have a multitude of tax benefits available to them. These benefits come in the form of both conventional tax incentives like cost segregation, which has recently undergone changes, to incentives that help save energy, like alternative energy ...

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PKF: Caribbean Hotels Steadily Improving

PKF: Caribbean Hotels Steadily Improving

ATLANTA—PKF Consulting USA (PKFC), a CBRE company, announced today that the average Caribbean hotel enjoyed an 18.6 percent increase in net operating income (NOI) during 2013, according to its newly released 2014 edition of Caribbean Trends in the Hotel Industry. This ...

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Park Hyatt New York Debuts

Park Hyatt New York Debuts

NEW YORK—Hyatt Hotels Corporation announced today the opening of Park Hyatt New York, the flagship hotel of the Park Hyatt brand in the heart of Midtown Manhattan. Guests of Park Hyatt New York will enjoy its prime location at 153 ...

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