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HERSHA HOSPITALITY TRUST and KSL Capital Partners, LLC, have finalized KSL's acquisition of the REIT for approximately $1.4 billion. As of Nov. 28, Hersha became a private company and was delisted from the New York Stock Exchange. The companies entered a definitive merger agreement on Aug. 27 under which affiliates of KSL acquired all of the outstanding common shares of Hersha for $10 per share in an all-cash transaction. The companies filed paperwork with the Securities and Exchange Commission on Nov. 28 to make it official. The independent transaction committee of Hersha's board of trustees recommended the merger and the board unanimously approved it, according to Hersha. A special meeting of shareholders was held Nov. 8 to give final approval to the deal.

The HRM 498 FINAL EXAM guide with the sample is available in the following link https://www.academia.edu/7209290/HRM_498_FINAL_EXAM

The HRM 498 FINAL EXAM guide with the sample is available in the following link https://www.academia.edu/7209290/HRM_498_FINAL_EXAM

U.S. HOTEL CONSTRUCTION increased slightly in December after 25 consecutive months of decline, according to STR. Projects in the later stages of development saw a reversal in their decline and luxury projects were up. There are 159,344 rooms in construction during the month, up 0.3 percent, over Dec. 2021. As many as 213,066 rooms are in the final planning state, an increase of 15 percent over last year. STR pipeline data added that 240,092 rooms are under planning, a decline of 15.6 percent. New York City, Phoenix and Dallas are set to see the largest supply percentage increases from current construction. The luxury and upscale segments would see the most supply. "While the overall pipeline continued to contract year over year, December showed strength in the later phases of development," said Alison Hoyt, STR's senior director of consulting. "Over the past year, we've seen late-stage pipeline rooms consistently decline from 2021 levels, while rooms in the planning phase often showed double-digit growth. We started to see a change in this pattern in November, when final planning rooms significantly jumped year over year and planning rooms came down pretty firmly. The same occurred in December, with the only difference being construction increasing slightly over 2021. When looking strictly at volume, the in-construction phase has been fairly stable throughout the year, remaining under 160,000 rooms and showing month-over-month increases from July through October and again in December."

NEWCRESTIMAGE RECENTLY FINALIZED its purchase of the LaQuinta Inn & Suites Los Angeles International Airport in Los Angeles, the final part of the company's acquisition of four LaQuinta-branded hotels in a joint venture between Highgate and Cerberus. The company closed on the other three hotels in the deal in August. The 281-room, 10-floor hotel, which will be managed by Highgate Hotels, along with the other hotels in the deal, will add 696 rooms to NewcrestImage's portfolio. The other hotels are the LaQuinta Inn & Suites Irving DFW North in Irving, Texas; LaQuinta Inn & Suites Anaheim in Anaheim, California; and LaQuinta Inn Phoenix North in Phoenix. "These four hotels symbolize our company's strategy of investing in properties and in markets that are well-positioned for long-term growth and prosperity," said Mehul Patel, managing partner and CEO of NewcrestImage.

U.S. HOTEL PERFORMANCE improved in the final week of 2022 compared to the week before due to favorable side of a holiday calendar shift, according to STR. When compared to the same period in 2019 performance also increased in the last week of December. According to STR, the comparable week in 2019 covered Dec. 29 to Jan. 4. Occupancy was 54.2 percent for the week ending Dec. 31, up from 43.9 percent the week before and increased 10.4 percent from 2019. ADR was $167.21 during the week, a steep increase from $132.29 the week before and up 21.7 percent from three years ago. RevPAR reached $90.63 in the final week of December, rose from $58.04 the week before and up 34.3 percent from 2019.

THE NUMBER OF U.S. hotel rooms under construction in June reached its highest level in 16 months, according to CoStar. The construction volume increased year-over-year for four consecutive months, with upscale and upper midscale segments dominating pipeline activity. "The number of rooms in construction has grown year-over-year for four consecutive months," said Isaac Collazo, STR's vice president, analytics. "While upscale and upper midscale continue to dominate, accounting for about 50 percent of all rooms in the final phase of the pipeline, the pace of activity in these segments has slowed compared to last year. Midscale and economy have shown the most growth, up 42 percent and 34 percent, respectively, with newer brands and extended-stay accounting for most of the new construction across the midscale segment." Approximately 157,713 rooms were under construction in June, up 5.5 percent from the same month last year. Additionally, 266,619 rooms were in the final planning phase, a 9.8 percent increase from June 2023. The planning stage saw 333,827 rooms, a rise of 38.7 percent compared to the previous year.

In case you do not have a US passport or an enhanced driver's license. This is the time to apply for one. As US Homeland Department has announced the final implementation date for Real ID Act (January 22, 2018), all US citizens would need to follow the Real ID requirements for domestic flights. What is Real ID Act and why every US citizen need to be aware of it? Read the post to get complete information.

In case you do not have a US passport or an enhanced driver's license. This is the time to apply for one. As US Homeland Department has announced the final implementation date for Real ID Act (January 22, 2018), all US citizens would need to follow the Real ID requirements for domestic flights. What is Real ID Act and why every US citizen need to be aware of it? Read the post to get complete information.

Collecting relevant information about a place we intend to visit is something most people do prior to finalizing their plans. Planning ahead not only saves a lot of your time but it also helps you decide about the sights and places that you would not want to miss visiting. In this article, you will learn about some of London's most amazing places for tourists.

Delhi is the final destination for travelers looking for three star hotels at reasonable cost & we are the best service provider to assist them while booking 3 star hotel in New Delhi.

Spring breaks are around the corner and you must be ready for a great spring vacation this year with your family. Destination is final and your flight tickets are booked. Is there anything you are missing? Your perfect travel plan can be ruined just by one small element. To have a smooth travel experience either through domestic flights or international, you need to make sure that you and your family is ready with all the required travel documents. Not sure about all the requirements? Check out the pro travel guide here to know all the document requirements including passports, visas, and IDs.

What goes on behind the stage of first homegrown theatrical spectacular? RWS Facebook fans were treated to an exclusive Fans Special before Voyage de la Vie takes its final curtain call on 16 July!

Journey starting through the city of seven capitals (Delhi), heading towards for the Romance of Taj (Agra) and then finally relishing India´s Pink city (Jaipur) render us the travel trademark tour of India, The Golden Triangle Tour. A Great love cruelly ended, a lifetime of mourning , and a magnificent monument for the world to see- this is the story of Taj Mahal, an exquisite shrine built by Emperor Shah Jahan in memory of his beloved wife Mumtaz Mahal. When it´s the call for India by the first time visitors to India, for sure it´s the call for the Golden triangle tour.

In a cutthroat market, to keep going - every business needs to have a competitive edge over contenders. The scenario in the Hospitality and tourism sector is nothing different, where lot of players can be seen battling for customers and for the bigger market share. Unlike before, with too many Hotels around competing with each other, the customers have a lot on platter to choose from and almost everyone today has the tendency to select nothing but the best service providers in the market. Price was, has been and would always be a prime concern for customers. Earlier when the choices were limited (in terms of service providers), the customers had no option than going for whatever they used to get in the market at the FIXED price asked by the suppliers. However, with the change in market scenario and entry of new players (and the trend is continuing), the customers have the power and they are the ones that have the final say in everything. In such a scenario (in an exclusive buyer's market), it becomes imperative for Hotels (companies) to be flexible in/with their approach towards customers. Irrespective of income group or standard of living, every customer has concerns about pricing. Who does not like best deals in anything? The customers would always look for highest quality products/services that come with the best price tag. The Hotels that befit the requirement of customers with respect to quality and pricing have fair chance of winning them, at the first place. In order to price better and win customers to their business, the Hotels need to know what their competitors are doing and what their pricing or customer strategies are. Watching and following business rivals is very important, because if both (hotels) are offering similar quality services and if one has a better pricing then customers would go with that supplier where they are getting better deals. Hence, to avoid losing customers to business rivals, hotels need to stay ahead of competitors and t

he game enables Monopoly fans from all over the world to meet, chat in chatrooms and play together. Players can also use game's online ranking system to find out how well they are doing, and to track their progress. Galactic Magnate is based on Monopoly, but a few rules have been changed to deepen the strategy and minimize the impact of luck. To win the game, players must use their wits and employ strategic thinking. Although the game is extremely easy to learn, it takes a lifetime to master. "Finally, there is an online Monopoly game having all the features that a player needs to play comfortably. The new rules are well thought out and make the game much more interesting. It is amazing that this entire job was done by a single person who was so benevolent to offer the game for free" - said Stephen Gardner, a delighted player. Kresimir Cosic, the only developer of Galactic Magnate is dedicated to continue improving the game, adding even more features in the future, and listening to suggestions posted by players on Galactic Magnate forums.

There are sure to be a myriad of options in terms of cheapest airline tickets; including smaller duration flights, longer duration flights, flights that serve food or alcohol, as well as flights that have to be changed once in order to reach the final destination.

Renjo La Pass trek is a combination of the Gokyo Lake, Renjo La and the Everest Base Camp. Renjo La pass trekking offers a walk through the most vivid scenery and wonderful views of the mountain range in the region. Our goal is to reach Kalapathar which is the challenging high altitude, two passes of Renjo la and Cho La and visit lakes of Gokyo and Everest base camp as well. The Gokyo Peak (5360m) climb is the one of the tourist attraction areas. Here, we have incredible scenery, including magnificent views of Everest (8848m), Makalu, Cho Oyo (8153m) and Lhotse (8511m) finally reach the Everest base camp.

Beautifully designed by the Persian architect Mirak Mirza Ghiyath, Humayuns Tomb in New Delhi is the final resting place of the Mughal Emperor Humayun. The tomb was built in the year 1569. Considering its architectural beauty and historic significance, it was recognized as a World Heritage Site by UNESCO in the year 1993.

Finally here's the ultimate listing of the best Beach Club one should visit while on holiday in St Tropez