Author: asiantrader

SMALL LUXURY HOTELS of the World, the London-based independent hotels chain, recently entered the Indian market through a partnership with The MRS Group of Hotels, which owns and operates luxury... Read More

MOST AMERICANS PLAN to keep spending at least the same on travel, according to a recent Jenius Bank report. The report indicates that consumers view “richness” as balancing expense management... Read More

THE NUMBER OF U.S. hotel rooms under construction in June reached its highest level in 16 months, according to CoStar. The construction volume increased year-over-year for four consecutive months, with... Read More

APERTURE HOTELS AND Satori Collective recently reopened the 120-room Hilton Garden Inn in Columbus, Georgia, following a multimillion-dollar renovation. The updates included public spaces, guestrooms, meeting space and fitness center,... Read More

IHG HOTELS & RESORTS recently launched the “Low Carbon Pioneers” program to unite energy-efficient hotels that do not use on-site fossil fuel combustion and supported by renewable energy. This first-of-its-kind... Read More

PEACHTREE GROUP RECENTLY originated its first commercial property assessed clean energy financing in Tennessee, providing a $10.7 million loan for a Class-A office development in Nashville. Nashville’s Division Street Development is... Read More

THE FIRST PROPERTY representing Wyndham Hotels & Resorts’ ECHO Suites Extended Stay by Wyndham brand opened recently in Spartanburg, South Carolina. Among the attendees at the grand opening, along with... Read More

PRICES FOR TRAVEL goods and services decreased by 1.4 percent in June for the second consecutive month, outpacing the overall economy’s 0.1 percent decline, according to the latest Consumer Price... Read More

AAHOA IS OFFERING a free educational webinar, “Essential Training for Hotel Owners: Managing Guest Misconduct and Ensuring Safety,” on July 17. The initiative follows the death of an AAHOA member... Read More

LAS VEGAS LED meeting volume growth in June for the second consecutive month with a 22.2 percent year-over-year increase, according to Knowland. St. Louis ranked second with a 12 percent... Read More