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Lu F. Sacharski, director of project management for Chatham Lodging Trust, gives us an inside look at the company’s new build strategy.

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Today in the news

STR: U.S. hotel pipeline rose 9.2% in April
posted on May 17 13

The April 2013 STR Pipeline Report indicates a 9.2 percent increase in the number of hotel rooms in the total active development pipeline in the United States, according to TravelPulse. The U.S. luxury segment showed the largest growth in rooms in the active pipeline, at 60.5 percent.

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Record-setting pipeline for Four Points by Sheraton
posted on May 17 13

Four Points by Sheraton will have more than 120 locations in North America this year, and the brand will have a global pipeline of about 200 hotels by 2014, according to TravelPulse. The brand accounted for more than 25 percent of Starwood Hotels & Resorts‘ openings last year and will sign more deals this year than ever recorded.

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Kroger aims to stay competitive with Marketplace stores
posted on May 16 13

Kroger isn’t sitting idly by while rival Wal-Mart moves further into the grocery business, according to The Blade. Kroger has built 78 Marketplace stores since launching the first in 2004. In addition to groceries, the 125,000-square-foot stores offer expanded general merchandise, and they have increasingly added new features from gourmet coffee shops to jewelry stores.

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Smoothie King shifts gears from strictly franchise model
posted on May 16 13

About 200 of the new stores New Orleans-based Smoothie King plans to open during the next five years will be corporate units, a shift from the franchise model that will let the chain test new products and practices for success before requiring franchisees to make changes, according to SmartBrief/SmartBlog.

 

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Retail sales report surprising April growth
posted on May 15 13

Retail sales rose 0.1 percent in April, beating analysts’ forecasts for a 0.3 percent decline, as stronger sales of building materials, cars and clothing helped offset lower gas prices, according to a Reuters’ story. Clothing stores booked a 1.2 percent increase, their biggest monthly increase in more than a year, and sales rose in nine of 13 major categories.

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