High travel demand is continuing to drive growth for InterContinental Hotels Group, with the company’s stock price starting 2024 by building o…
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Hospitality entrepreneur Davonne Reaves just acquired two hotels with Nassau Investments—the Staybridge Suites Indianapolis-Fishers in Indiana and a Hampton Inn & Suites in Scottsburg, Indiana, a package deal totaling about $18 million.
Tired of the same-old-same-old hotels? New hotel concepts are checking into the scene with greater frequency as business travel heats up with the economy. Some of these new hotel players are independents, while others are younger, hipper, more urbane properties rolled out by legacy brands like Hilton, Hyatt, Best Western and Red Lion. Here's a brief look at what's new on the franchise side of hospitality.