The Baird/STR Hotel Stock Index increased 5.0% in November, closing the month at 4,732. Year to date through the first 11 months of 2017, the index was up 27.8%.
Members of the lodging industry can join in as industry expert Doug Kennedy presents an overview of management action steps your leaders should take to maximize conversions and also foster upselling to higher-rated accommodations.
Hospitality Ventures Management Group (HVMG) today announced it has completed the sale of the 146-suite Embassy Suites located in downtown Winston-Salem, N.C. HVMG will retain management of the property.
A 300-room Crowne Plaza will be owned by M/s Mall Hotel Ltd, a subsidiary of JHV and will accommodate guests filtering in through the business traffic at Mall Road. The 180-room Holiday Inn will be owned by M/s HLA Hotels Ltd, a subsidiary of JHV and is located well to serve the Buddhist Circuit and will offer excellent connectivity to the airport.