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Holiday Inn Express Surpasses 500 Hotels in Greater China

Lodging

SHANGHAI, China—IHG Hotels & Resorts recently announced Holiday Inn Express has surpassed 500 hotels in operation and pipeline in Greater China, marking a milestone for the upper midscale brand. Leveraging its offerings in ROI for owners, Holiday Inn Express has garnered attention from owners and investors since entering the market.

ROI 278
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Exclusive: quick, cost-saving strategies drive momentum for Choice

Hotel Management

Trent Conroy, Choice Hotels The Australasian greenfield development market continues to witness feasibility challenges, with elevated construction costs, inflation, and tighter lending conditions dampening new supply pipelines. Unlike ground-up developments, conversions require less capital, can be executed faster and deliver ROI sooner.

ROI 130
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Predicting Sales Success: As SIMPLE as 1-2-3-4-5-6-7

Anthony Cole Training

So, why isn't the ROI as good as it ought to be given the investment of time, money and resources put into obtaining this technology? The "coaching", as a result of a pipeline report, is "Your pipeline doesn't have enough in it - you need to see more people.". The selected system was created for finance instead of sales people.

Sales 247
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Park Hotels & Resorts sells Hyatt Centric Fisherman’s Wharf for $80M

Hotel Business

Proceeds from the sale will be used for ongoing ROI projects in Parks portfolio and for other general corporate purposes. Park Hotels & Resorts Inc. has closed on the sale of the 316-room Hyatt Centric Fishermans Wharf located in San Francisco for $80 million, or $253,000 per key. The sale price represents 64x 2024 EBITDA of the hotel.

Resorts 59
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Wyndham’s ECHO pipeline reaches 200+ hotels

Hotel Business

Wyndham Hotels & Resorts has revealed the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline. The post Wyndham’s ECHO pipeline reaches 200+ hotels appeared first on hotelbusiness.com.

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Resolute Road and Wyndham host extended-stay seminar

Hotel Business

“Since announcing ECHO Suites last year, our pipeline of ECHO Suites has rapidly grown to 265 hotels with some of the industry’s most successful extended-stay developers,” said Chip Ohlsson, chief development officer, Wyndham Hotels & Resorts. “Now

Events 116
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Knowland Announces Certification Program to Advance Sales Proficiency and Increase Hotel ROI

Hospitality Tech

Certification demonstrates achievement in Knowland’s standard of excellence for delivering results through data-driven pipeline generation best practices.

ROI 52