LODGING Staff1
COVID Relief Now Coalition Submits Open Letter to Congress
On Friday, the COVID Relief Now Coalition—a group of more than 300 public and private sector groups—sent an open letter to Congress calling for additional economic relief amid the COVID-19 pandemic. The letter follows...
Hyatt and Banyan Cay Development Announce Plans for Florida’s First Destination Hotel
CHICAGO—Hyatt Hotels Corporation recently announced that a Hyatt affiliate has entered into a franchise agreement with Banyan Cay Development (BCD) to develop Banyan Cay Resort & Golf, a Destination Hotel. Expected to open in...
HospitalityMD Launches Hotel Management and Hospitality Consultation Services Company
CHICAGO—Amidst the COVID-19 pandemic, HospitalityMD recently launched as a one-stop-shop for hotel management and hospitality consultation services. The company's co-founders, Kyle Allison and Greg Fregoso, Jr., joined forces after years of working in hotel...
Aimbridge Adds John Caparella as President of Evolution Hospitality
DALLAS—Third-party management company Aimbridge Hospitality and its wholly-owned subsidiary Evolution Hospitality this week announced the appointment of John Caparella to president of Evolution Hospitality. In his new role, Caparalla is responsible for managing all...
Baird/STR Hotel Stock Index Jumped 31 Percent in November
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index was up 31 percent in November 2020 to a level of 4,354. Year to date through the first 11 months of 2020, the stock index was...