Africas maturing hotel sector is no longer all about the luxury properties catering for high-end travelers.
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%.
Chatham Lodging Trust (NYSE: CLDT) today announced that it has acquired the 219-suite Embassy Suites by Hilton in Springfield, Virginia for $68 million, or approximately $310,000 per suite.
icensing of new midscale brand signals significant growth opportunity for IHG in Canada