Benchmark Pyramid to Acquire Provenance Hotels
BOSTON, THE WOODLANDS, and PORTLAND—Benchmark Pyramid and Provenance Hotels (Provenance) announced the signing of a definitive agreement under which Benchmark Pyramid will acquire Portland,...
Deloitte: Business Travel to Ascend But Will Not Reach 2019 Levels by Year End
Even as COVID-19 health concerns and travel restrictions subside, corporate travel faces a complex prognosis. Many companies are now implementing the return to office...
AHLA Finds Hotels to End 2022 Down in Business Travel Revenue
WASHINGTON (April 19, 2022)—According to a new report released by the American Hotel & Lodging Association and Kalibri Labs, U.S. hotel business travel revenue...
Remington Hotels Acquires Chesapeake Hospitality
DALLAS—Remington Hotels has acquired Chesapeake Hospitality’s hotel management expertise. With 65 years of experience helping hotel owners and real estate investors in the eastern...
Asia Pacific and the Americas Increase Hotel Pipeline Activity
HENDERSONVILLE, Tennessee—Two of the four world regions, the Americas and the Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end...
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CBRE: Commercial Real Estate Lending Market Slowed in Q1 2024
DALLAS, Texas—The commercial real estate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of...
Wyndham Partners With Decameron All Inclusive Hotels & Resorts
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts and Decameron All Inclusive Hotels & Resorts announced a newly formed alliance, giving Wyndham Rewards members access to...
Omni Hotels & Resorts Names Michael Innocentin as Chief Marketing Officer
DALLAS, Texas—Omni Hotels & Resorts announced the appointment of Michael Innocentin as its chief marketing officer. Innocentin will oversee the planning, development, and execution...
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