First Hospitality Group Chosen to Manage New Kenosha Hotel

First Hospitality Group, Inc. (FHG) has been selected to manage the new Fairfield Inn & Suites by Marriott in Kenosha/Pleasant Prairie, WI, which is scheduled to break ground in late 2015. Located in the southeast quadrant of highway 165 and I-94, the Fairfield Inn & Suites by Marriott Kenosha will feature 108 guestrooms throughout four […]

Top MSAs Lead Industry to Record Occupancy Levels

By year-end 2014, the 55 major U.S. markets covered by the PKF-HR Hotel Horizons forecast reports are projected to achieve an all-time record high occupancy level. PKF-HR is forecasting an aggregate occupancy of 70.4 percent in 2014 for these major markets, eclipsing the previous peak level of 69.0 percent reported by STR in 1996. For […]

US Industry Ends ’14 With a Bang

2014 was a record-breaking year for the United States hotel industry, setting the scene for continued growth in the years to come. Here are five things you need to know about the year-end data from STR, parent company of Hotel News Now. Continue Reading

Strong Hospitality Climate Boosts Minneapolis Convention Center to Record Year

The ” Best. Summer. Ever.” turned into the ” Best. Year. Ever.” for the Minneapolis Convention Center. The convention center generated $16.6 million in 2014 revenue, an all-time high according to year-end statistics tracked by Meet Minneapolis, the city’s official convention and visitors association. July’s MLB All-Star Game at Target Field and the USA Volleyball […]

Hotel Room Rates May Be Hiked ‘Aggressively’

Hotel owners across the U.S. are expected to be told later Monday they should be able to “aggressively” raise room prices this year, with one consultancy already forecasting the national average room rate to rise 5.4 percent. One of the lodging industry’s most prominent forecasters is expected to share room price details at the Americas […]