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Positive YOY Results for US Hotel Industry for Q2 2017

In the second quarter of 2017, the U.S. hotel industry reported occupancy rose 0.5% to 69.5%, ADR increased 2.2% to $127.43 and RevPAR rose 2.7% to $88.58 when compared to Q2 2016.

Posted on: 20 July 2017 | 9:33 am

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Hersha Hospitality Trust Coses on the Sale of Three Suburban Extended Stay Hotels - Acquires the Westin Philadelphia

Hersha Hospitality Trust Completes 24 Month Capital Recycling Campaign

Posted on: 20 July 2017 | 9:29 am

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Allan Federer Named Managing Director of Grand Wailea on Maui

Federer will oversee the operations of the 40-acre resort on the island of Maui, Hawaii, including 776 guest rooms, seven restaurants and 110,000 square feet of meeting space, reporting directly to Pascal Duchauffour, area vice president of operations-Luxury Hotels, The Americas.

Posted on: 20 July 2017 | 5:18 am

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Fazoli's Announces 17 Straight Quarters Of Same-Store Sales Growth

Fazoli's announced yesterday a 1 percent same-store sales increase for its franchised locations during the second quarter of 2017 – marking the 17thconsecutive quarter of same-store sales growth.

Posted on: 20 July 2017 | 5:15 am

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Ryan Zink Named Chief Financial Officer for Good Times Restaurants

Good Times Restaurants Inc. (NASDAQ: GTIM) yesterday announced the resignation of Jim Zielke as Chief Financial Officer and the hiring of Ryan Zink as its new Chief Financial Officer. Mr. Zielke’s resignation as Chief Financial Officer will take effect on July 31, 2017.

Posted on: 20 July 2017 | 5:11 am

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