UK Provinces Outpace London Hotels’ Profit Growth

London hotels reported a slight increase in gross operating profit per available room (GOPPAR) in the month of November, but the UK provinces continued to show much more positive year-on-year movements, with Eastern hoteliers recording a 27.7 percent surge in gross...

Starwood Hotels & Resorts Expands in Croatia

Starwood Hotels & Resorts has signed an agreement to open a new Sheraton hotel in Dubrovnik, Croatia. Scheduled to open in the second quarter of 2015, Sheraton Dubrovnik Riviera Hotel will mark Starwood’s entry into the city and the company’s fourth hotel in...

Millennials Predicted to Travel More in 2015

Millennials will travel more than their older counterparts in 2015, according to Hotwire’s 2014 American Travel Behavior Survey. More than any other age group, approximately one-third of Millennials intend on traveling more in 2015. Those aged 18-34 are more likely...

Aspen Skiing Co. to Build a Limelight Hotel

Alpine Skiing Co. (ASC) has closed on a property in Ketchum, Idaho, which will be developed as a new Limelight Hotel, modeled after the company’s existing property in Aspen. The property is located near Sun Valley’s River Run base of Bald Mountain. ASC purchased the...