News

Standard International Announces 15 New Hotel Projects Across the Globe

Standard International Announces 15 New Hotel Projects Across the Globe

NEW YORK -- Standard International, parent company of Standard Hotels and the Bunkhouse Group, today announced its global growth pipeline of fifteen new projects including its first European property, The Standard, London opening this Spring in Kings Cross.

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 Ashford Reports 140% Total Revenue Increase for 2018

Ashford Reports 140% Total Revenue Increase for 2018

DALLAS—Ashford Inc. reported a 140% increase in total revenue for the year ended December 31, 2018, as well as a 72% increase in the fourth quarter.

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Marriott Reports Fourth Quarter Earnings, Slow RevPAR Growth in North America

Marriott Reports Fourth Quarter Earnings, Slow RevPAR Growth in North America

Yesterday, Marriott International reported the company’s fourth quarter 2018 results, including an increase in global RevPAR for the fourth quarter and full year (1.3 percent and 2.6 percent, respectively), with slower RevPAR growth in North America (0.2 percent and 1.5 percent, respectively). Comparatively, RevPAR outside North America grew 4 percent in the fourth quarter and 5.5 percent for the full year 2018.

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Topland Sells Hallmark Hotels Business for £250m

Topland Sells Hallmark Hotels Business for £250m

The Zakay brothers' Topland Group has sold its Hallmark Hotels business to a consortium of overseas investors for around £250m.

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Residence Inn Hotel To Open In Midtown Tulsa With The Brand’s New Design

The 106-suite Residence Inn by Marriott in Tulsa, Oklahoma is set
to open today with its upscale, stylish décor that offers flexibility, while creating a unique
environment. Located at 4522 East Skelly Drive, the all-suite Residence Inn Tulsa Midtown will
operate as a Marriott franchise, owned by Sunny Investment Properties LLC & Development
and managed by Champion Hotels of Oklahoma City, Oklahoma.

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