Radisson to Launch Hotel for Millennials - Radisson Red Plans to Be Operating 60 Hotels by 2020 | wsj.com
"Several of the brands are trying to anticipate the future and are putting in a lot of time, resources and energy," says Cathy Enz, a professor at the Cornell University School of Hotel Administration. Some hospitality analysts say big brands face a challenge in trying to achieve cost efficiencies through scale and scope while also creating new hotels that feel local.