A look at the sky news of the week:
“While hotels say this is what customers want, there is also a cost-savings. The big hotel chains don't own most of their properties but license out rights to them. And the owners and developers are pushing the parent companies to cut costs… That's one of the reasons Hilton's Tru will cost about $84,000 a room to build, compared to $110,000 for its Hampton Inn brand. And Best Western just launched a new brand, Glo, which will cost $65,000 per room for construction.