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Interstate Hotels & Resorts Acquires Chardon Management

Interstate Hotels & Resorts Acquires Chardon Management

ARLINGTON, Va.—Interstate Hotels & Resorts announced today the acquisition of Chardon Management, an independent management company in the United Kingdom, elevating Interstate’s total U.K. portfolio to 47 hotels either open or under development. On the heels of the Company’s entrance ...

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Transaction Action: Lodging Conference Recap

Transaction Action: Lodging Conference Recap

The lodging industry is riding the tailwinds of low supply, increasing demand, rising hotel values, higher average daily rate, and healthy transaction volume. To date this year, U.S. hotel values have surpassed the 2006 peak and will continue to grow. ...

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Hilton Garden Inn Toronto Airport Achieves LEED Certification

Hilton Garden Inn Toronto Airport Achieves LEED Certification

TORONTO, Canada—Hilton Garden Inn Toronto Airport achieved LEED Certification, as recognized by the Canada Green Building Council (CaGBC). It is the first Hilton Garden Inn hotel in Canada to earn this recognition for sustainable building design, construction, and operations. “We ...

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Homewood Suites by Hilton Opens Hotel in DuBois, Pa.

Homewood Suites by Hilton Opens Hotel in DuBois, Pa.

MCLEAN, Va.—Homewood Suites by Hilton, Hilton Worldwide’s brand of upscale, all-suite, extended-stay hotels, announced the opening of its newest property in DuBois, Pa. Creating 30 permanent jobs, the four-story, 106-suite hotel is owned by Rama Tika Developers, LLC., and will ...

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