Knowland: August U.S. Meeting and Event Volume Jumps 21 Percent Over 2022

ARLINGTON, Virginia—Knowland reported that overall U.S. meeting and event volume for August 2023 was up 21 percent over August 2022. Las Vegas led the...
Tesla

Hilton and Tesla Agreement Brings Charging Stations to 2,000 Hotels

McLEAN, Virginia—Through an expanded agreement with Tesla, Hilton announced that, beginning in early 2024, up to 20,000 Tesla Universal Wall Connectors are slated to...
fall

Tripadvisor: U.S. Travel to Remain Strong This Fall

NEEDHAM, Massachusetts—Tripadvisor released the next in its Seasonal Travel Index series, revealing data and trends about what to expect for travel this fall. Although the...
commercial real estate investment

CBRE Reports H1 2023 Global Real Estate Capital Flows

According to CBRE, global cross-regional capital flows totaled $30.5 billion in H1 2023, down by 52 percent from H1 2022 and the second consecutive...
August 2023

CoStar: U.S. Hotel Performance Continues to Follow Seasonal Patterns

WASHINGTON—Following seasonal patterns, U.S. hotel performance declined from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through...
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utility costs

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,...
technology

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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