CoStar: U.S. Hotel Occupancy Reaches Highest Level Since 2019
WASHINGTON—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through July 22, 2023.
U.S....
OUTRIGGER Finalizes Acquisition of Kā’anapali Beach Hotel
HONOLULU—OUTRIGGER Resorts & Hotels finalized its acquisition of the Kā‘anapali Beach Hotel, situated on Kā‘anapali Beach. The 11-acre, 432-room property will be under the...
Wyndham Hotels & Resorts Reports Q2 2023 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2023. Highlights include:
Global RevPAR grew 7 percent compared to...
Hilton Reports Q2 2023 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its second quarter 2023 results. Highlights include:
Diluted EPS was $1.55 for the second quarter, and diluted EPS, adjusted...
STR: June Reports Higher U.S. Hotel Performance Than May
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported higher performance from the month prior but lower year-over-year percentage changes, according to June 2023 data from STR.
U.S....
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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