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Every large publicly traded hotel company that provides forward-looking projections lowered their full-year outlooks for revenue per available room.
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Hotels and travelers are stakeholders in the blockchain system. Hotel rooms become currencies that can be exchanged.
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Executives from Dream Hotel Group, the Trump Organization and other hotel companies say food and beverage concepts make up a large share of their revenue.
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Hotel fundamentals are strong in Philly, but not quite as much as other NE markets.
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Sotherly Sprucing Up Georgian Terrace for Nearly $6M;
Xenia Refis Andaz San Diego;
Omni Hotels To Flag SunTrust Park Hospitality;
Starwood Hotels & Resorts Worldwide and Bosa Properties marked the grand opening of Element Vancouver Metrotown, a hotel "built green from the ground up."
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