News

Hilton Worldwide Reports Strong Profits, Room Growth for 2014

Hotels are ambitiously opening new rooms, entering new markets, and increasing rates in order to take advantage of growing outbound travel, however, their growth should be tempered by memories of what too much supply and too little demand felt like during the downturn.

Starwood Says CEO Pushed Out Due to Too Slow Growth

Starwood is a leader in the lifestyle sector, but its international footprint and select-service room volume falls short of its competitors' at a time when the entire industry is looking forward to greater growth and profits.