Tag Archives: secondary markets

IHG to Open First Internationally Branded Hotel in Changanassery with Holiday Inn Express by 2027

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(IN SHORT) IHG Hotels & Resorts has signed an agreement with KGA International Trades Private Limited to open Holiday Inn Express Kottayam Changanassery in Kerala by early 2027. It will be the city’s first internationally branded hotel and part of the under-construction KGA Mall. The hotel will offer 90 rooms and an array of facilities… Read the full news article

Preferred Hotels & Resorts Outperforms Competitors and Drives Cost Savings, Reveals New Performance Report

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(IN SHORT) On Independent Hotel Day, Preferred Hotels & Resorts revealed a U.S. Performance Report conducted by HVS, showcasing the strong performance of its 92 affiliated hotels in North America from 2021 to 2023. The report highlights how Preferred-affiliated properties outperformed their competitors in RevPAR penetration across primary, secondary, tertiary, and resort markets. Resort hotels… Read the full news article