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Green Hotels Lower Environmental Impact, Increases Profits

Green Hotels Lower Environmental Impact, Increases Profits

Hotels certified in the sustainable building program Leadership in Energy and Environmental Design (LEED) helps the environment and boosts revenue for the hotel, according to a new Cornell University School of Hotel Administration study. By comparing 93 LEED certified U.S. ...

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Park Hyatt Returns to New York

Park Hyatt Returns to New York

At the Park Hyatt New York grand opening last week, Hyatt Hotels Corp. President and CEO Mark Hoplamazian expressed confidence that the hotel would “set the luxury lodging standard in New York.” The Park Hyatt brand hadn’t had a flag ...

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PKF-HR Forecasts Record Occupancy for 2015

PKF-HR Forecasts Record Occupancy for 2015

ATLANTA—The U.S. lodging industry will achieve 65 percent occupancy in 2015, the highest national occupancy rate since STR Inc. began reporting data in 1987, according to the recently released September 2014 edition of PKF Hospitality Research’s (PKF-HR) Hotel Horizons. By ...

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