Most Clicked AH&LA SmartBrief Stories

1. RLJ Lodging Trust gains $240M from portfolio sale

AH&LA SmartBrief | Feb 25, 2015

RLJ Lodging Trust has divested 24 underperforming assets for $240 million. The company said the proceeds from the sales will be used as capital for future hotel purchases. American City Business Journals (02/24)

2. Hotel CEOs address changes in the hospitality industry

AH&LA SmartBrief | Mar 02, 2015

Changes in consumer behavior and attitudes offer opportunities to improve the way hotels engage travelers, Hyatt Hotels CEO Mark Hoplamazian says. For Six Senses CEO Neil Jacobs, keeping up with technological innovations is "a very expensive part of what we do every day." Skift (03/01)

3. PwC: Driven by rate, revenue per available room to rise by 7.4% in 2015

AH&LA SmartBrief | Feb 24, 2015

PwC has updated its lodging outlook for 2015 to reflect an expected 7.4% increase in revenue per available room, with more than 80% buoyed by increases in average daily rate. Real ADR is expected to return to peak 2007 levels this year as demand continues to outpace supply and hoteliers increasingly use rate management strategies to maximize their margins. Hotel Management online (02/23)

4. Starwood links its loyalty program to Uber travel

AH&LA SmartBrief | Feb 27, 2015

Members of the Starwood Hotels & Resorts loyalty program can now earn "Starpoints" for their rides on the Uber car service. Members of the Starwood Preferred Guest program can earn 1 point for every dollar spent on Uber, once the two accounts are linked. Business Insider (02/25)

5. Virgin Hotels aims for 20 hotels in 10 years

AH&LA SmartBrief | Feb 25, 2015

Virgin Hotels hopes to have 20 hotels in its portfolio by 2025. Plans for several more U.S. properties will be announced this year as the company explores opportunities in international markets including London, Paris, Mexico City and Barcelona, CEO Raul Leal said. (U.K.) (02/24)

6. FelCor continues to reposition its hotel portfolio

AH&LA SmartBrief | Mar 02, 2015

FelCor Lodging Trust is set to sell six more hotels as it continues to reposition its portfolio. Three of those properties are currently under contract. "Our portfolio repositioning efforts are largely complete. ... We exceeded the high end of our expectations for (revenue per available room) and (earnings before taxes, depreciation, amortization and depreciation) growth," FelCor President and CEO Richard Smith said. (02/27)

7. Tourists are flocking to Fla. Keys

AH&LA SmartBrief | Feb 25, 2015

Key West, Fla., is emerging as one of the most popular resort destinations in the U.S., with visits increasing by 6% a year, prompting new luxury developments such as The Marker boutique hotel. Forbes (02/23)

8. La Quinta sees strong Q4 performance amid portfolio growth

AH&LA SmartBrief | Feb 26, 2015

La Quinta Holdings reported an 8.4% increase in revenue per available room in the fourth quarter as average daily rate and occupancy rose 3.3% and 296 basis points, respectively. The company continues to expand its global portfolio, having opened 45 hotels last year and two properties last month. La Quinta also expects to launch the first property under its new Del Sol prototype in March. (02/25)

9. $1B in Four Seasons properties are coming to south Fla.

AH&LA SmartBrief | Feb 26, 2015

Fort Capital Management and partners are investing $1 billion on three Four Seasons hotels in south Florida, with the possibility for a fourth under way. "It has more prestige and greater client recognition," said Fort Capital owner Nadim Ashi of the Four Seasons brand. Wall Street Journal (tiered subscription model), The (02/24)

10. Loews Hotel makes its debut in Chicago

AH&LA SmartBrief | Mar 02, 2015

American City Business Journals (02/27)

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