U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns
LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
Converting an Older Property Into an Extended-Stay Hotel
Who are the players converting older properties into extended-stay hotels?
"I have an opportunity to buy a hotel property that has closed due to competition...
Super Preparedness: What It Takes to Host High-Profile Events Like the Super Bowl
With its 653 guestrooms and suites, along with 35 meeting rooms and four ballrooms, hotels like Miami’s InterContinental are literally built to host large gatherings. However, as director of sales and...
Demographic Tailwinds: Extended-Stay Hotel Supply Shifts With Workforce
Extended-stay hotels are rounding a decade of unprecedented growth in the United States. Over the past 10 years, extended-stay supply has grown at a...
North American Exposure: Dream Hotel Group CEO on the Company’s Changing Focus
Dream Hotel Group has been around for more than 30 years. However, as its CEO Jay Stein told LODGING, until recently, its growth strategy...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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