Managing Expectations: Leading Owner/Operators Outline Expectations During BITAC® Symposium
Leading Owner/Operators Outline Expectations During BITAC® Symposium
Thursday, September 14, 2017: Dennis Nessler
A handful of chief executives from top owner/operators convened during the recent BITAC® Symposium 2017 to discuss current industry conditions and provide a glimpse into what they see in the near-term future.
A panel entitled “What Lies Ahead For The Lodging Industry” (featured right to left in photo) Rob Winchester, President and COO, Waterford Hotel Group., Inc.; Rick Takach, Chairman and CEO, Vesta Hospitality Group; Mike Marshall, President and CEO, Marshall Hotels & Resorts, Inc.; and Mike Hines, Chairman and CEO, HP Hotels, Inc.
The executives were in full agreement that RevPAR growth has slowed considerably with each of their individual company projections for the remainder of 2017 and 2018 falling in the 2 to 4 percent range.
Vesta Hospitality a New Corporate Partner for Columbia Springs
Vesta Hospitality is pleased to become a new corporate partner for Columbia Springs, a nonprofit environmental education center based in Vancouver, WA. Columbia Springs provides science-based education to thousands of children in Clark County each year. Vesta’s partnership with Columbia Springs reflects our commitment to supporting excellence in education in our community.