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LODGING Staff1

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January 2021

Monthly P&L: U.S. GOPPAR Hits Highest Level Since October

BROOMFIELD, Colorado — In January 2021, U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the low single digits, according to STR's latest monthly P&L data...
The Foundry Hotel in Asheville, N.C.

Raines Rebrands and Launches Two New Divisions

FLORENCE, S.C. — Raines, a hospitality management, development, and investment group formerly known as Raines Hospitality, announced a complete rebrand, expanded service offerings, and new executives who will help lead the growing company. The...
Denver, Colorado map

Legendary Capital Acquires Courtyard by Marriott Denver-Aurora

AURORA, Colo. — Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, recently announced the sale of the newly constructed, four-story, 141-room Courtyard by Marriott...
U.S. Capitol

AHLA Urges Congress to Pass American Rescue Plan

WASHINGTON, D.C.—On Tuesday, the American Hotel & Lodging Association (AHLA) released a statement from its president and CEO, Chip Rogers, on the American Rescue Plan, which he called, "a vital step forward in helping...
AHLA

AHLA Adds New Members and Partner Organizations

WASHINGTON, D.C. — The American Hotel & Lodging Association (AHLA) recently welcomed several new members and partner organizations, continuing to grow the association’s reach at a critical time for the hotel industry. New members include...