COVID-19 Drives U.S. Hotel Transaction Volume Down 74 Percent
BROOMFIELD, Colo. — U.S. hotel transactions declined 74 percent year-over-year from March to May 2020, according to the newly released Hotel Transaction Almanac produced...
Is the Employment Outlook Really Better?
Although the latest employment numbers reported by the U.S. Bureau of Labor Statistics (BLS) were seen as encouraging by many, Doug Tutt, CEO of...
Microtel by Wyndham Debuts Moda Prototype
PARSIPPANY, N.J. — Wyndham Hotels & Resorts today announced the opening of the 63-room Microtel by Wyndham in George, Wash.—the first hotel in the...
Hilton Launches Program for Safe Meetings and Events
MCLEAN, Va. — To address safe group travel practices and evolve today’s event experience, Hilton today announced a global cleanliness and customer service program...
Baird/STR Hotel Stock Index Fell 5.3 Percent in June
HENDERSONVILLE, Tenn., and Milwaukee — The Baird/STR Hotel Stock Index fell 5.3 percent in June 2020 to a level of 3,060. Year to date...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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