According to the new PKF Trends survey, the U.S. lodging industry produced a 12.7% profit growth in 2011.  80.5% of participating hotels enjoyed an increase in total revenue while 72.3% achieved growth in profits. 

With the addition of the following eighteen new brands, I have now reported on more than 108 new hotel announcements in the past 24 months:

The Asian American Hotel Owners Association's January 27, 2012 letter of appreciation to Choice Hotel’s President & CEO Steve Joyce is less than it appears.  Apparently, Joyce has agreed to the following:

Back in the mid-1970’s, Patels from Africa and Asia began to emigrate to the United States where any immigrant willing to invest $40,000 in a business could apply for permanent residence, the first step to citizenship.  There were limited opportunities for such investments.

The 114-Year-old Belleview Biltmore hotel in Belleair, Florida is on its last legs.