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Revenue Acquisition Costs Outpaced Hotel Revenue Growth

Revenue Acquisition Costs Outpaced Hotel Revenue Growth

BOSTON—Officials of the Hospitality Asset Managers Association (HAMA) today announced the results of a multi-year study that demonstrates that revenue acquisition costs outpaced hotel revenue growth from 2009 through 2012. The results were presented in “The Rising Costs of Customer ...

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Interstate Expands Reach to 12 Countries

Interstate Expands Reach to 12 Countries

ARLINGTON, Va.—Interstate Hotels & Resorts announces eight new hotels recently opened or signed in growing European and CIS markets, including the United Kingdom, the Netherlands, Bosnia and Herzegovina, Belarus, and Kazakhstan, all under top international franchise brands. With established scale ...

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IHG Celebrates Staybridge Suites Brand’s 200th Hotel Opening

IHG Celebrates Staybridge Suites Brand’s 200th Hotel Opening

ATLANTA—InterContinental Hotels Group today announced the 200th hotel opening for its Staybridge Suite brand. The opening of the 102-room Staybridge Suites Denver-Stapleton hotel expands the brand’s Denver, Colo., portfolio to five properties and creates 30 new jobs in the community. ...

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Dow Named Manager of DoubleTree Valley Forge

Dow Named Manager of DoubleTree Valley Forge

VALLEY FORGE, Pa./SEATTLE, Wash.—The Dow Hotel Company has been named the manager of the DoubleTree by Hilton Hotel Philadelphia-Valley Forge. As part of its responsibilities, Dow will oversee an approximately $1 million upgrade of the hotel’s 25,000-square-feet of meeting space ...

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Luxury Resort Opening in Cleveland in September

Luxury Resort Opening in Cleveland in September

CLEVELAND—The former AmeriTrust tower and historic Cleveland Trust Rotunda have been transformed into The 9, a luxury resort scheduled to open in September. It houses the new Metropolitan Hotel for travelers and Concierge Living apartments for local residents. The locally ...

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