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5 things to know: 26 August 2014

• PwC expects 2015 US occupancy at highest level since ‘95 • US hotels to collect record amount in fees, surcharges • Shangri-La launches new brand Hotel Jen • Accor reports first-half revenue growth • China establishes $3.3b aviation fund

Really? Condo-hotels are back

Perhaps it will be different this time, but news of the return of condo-hotel development brings back bad memories of the past decade’s debacle.