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Event ROI: Understanding the Basics and the Details

As you think about how to demonstrate your event ROI, it’s necessary to understand the full range of costs and benefits. Most planners just look at the basics – direct costs and direct revenue, which

Summit Hotel Properties Completes Sale of Six Hotels for $135 Million

Summit Hotel Properties, Inc. reported today that it has completed the disposition of six hotels totaling 815 guestrooms for an aggregate gross sales price of $135.0 million which resulted


Marriott to Build World's Tallest Modular Hotel in Manhattan

This unusual style of construction has been gaining popularity over the past few years. Still, despite its advantages, upfront costs and limited factory size could make more widespread adoption slow

New Skift Strategy Deck: RethinkA Hotelier's Guide to Thriving in an Era of Disruption

Hoteliers are under pressure to deliver high profit margins, but are saddled with bulky legacy revenue systems. While transforming all operations might appear daunting, having the right technology

Arbor Lodging Partners Acquires Six-Hotel Portfolio for $135 Million

Chicago-based hotel investment and management company Arbor Lodging Partners announced today its $135 million acquisition of six hotels from Summit Hotel Properties. The portfolio includes: Hampton

CBRE Forecasts Growth for Austin Hotel Market

In 2018, demand in the Austin hotel market remained steady, although it declined slightly from 2017, with an overall rise in average daily room rates, according to CBRE Hotels Research. Experts

Tripoto brings in $3.7M to boost community and travel search platform

Tripoto has doubled its investment raised to date following a $3.7 million capital injection from a group of high-profile backers. The India-based travel community secured the round from Orchid India