LODGING Staff1
IHG Hotels & Resorts Opens Two New Hotels in British Columbia
TORONTO—IHG Hotels & Resorts announced the opening of two hotels in British Columbia—Holiday Inn Express & Suites Courtenay – Comox and Holiday Inn Victoria – Elk Lake—offering accommodations with amenities to meet the needs...
Doubletree by Hilton South Charlotte Tyvola Rebrands and Renovates
CHARLOTTE, North Carolina—Hilton announced DoubleTree by Hilton South Charlotte Tyvola has joined its portfolio following a multimillion-dollar renovation and rebranding. Formerly Hilton Charlotte Executive Park, the hotel is for both business and leisure travelers....
Knowland Makes Platform Available on Oracle Cloud Marketplace
ARLINGTON, Virginia—Knowland announced its platform is available on Oracle Cloud Marketplace and will enable integration with the Oracle Hospitality OPERA Sales and Event Management application. Oracle Cloud Marketplace is a repository of enterprise applications...
STR: U.S. Hotel Performance Increases But Shows Mixed Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, while year-over-year comparisons were mixed, according to STR's latest data through June 10, 2023.
U.S. Hotel Performance
June 4-10, 2023
Percentage change from comparable week in 2022:Occupancy:...
Baird/STR Hotel Stock Index Dropped 2.6 Percent in May 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index declined 2.6 percent in May to a level of 5,287.
“Hotel stocks were mixed in May—the Hotel REITs increased slightly and outperformed the real estate benchmark by...