NewcrestImage Becomes a Minority Shareholder in Aimbridge Hospitality
DALLAS, Texas — NewcrestImage, a hotel development company based in Dallas, announces it will transfer its existing hotel management agreement rights to Aimbridge Hospitality, a global hospitality company, and the two companies have identified new growth opportunities together. Specifically, the companies will build on their respective strengths, with NewcrestImage developing and acquiring new hotels and Aimbridge further building on its services. NewcrestImage has acquired minority ownership in Aimbridge Hospitality. “We are excited to grow with […]
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U.S. Hotel Results for Week Ending Dec. 14
WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, a
WaterWalk Holding Company Completes Successful Sale of WaterWalk Phoenix
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MMGY: U.S. travel demand reaches four-year high
Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appet
