Accor Releases Q1 2022 Revenue Report
Accor’s business has rebounded every quarter since Q2 2021. The outbreak of the Omicron variant caused only a brief hiccup in January, and the...
Marriott, Hilton, and IHG Lead the U.S. Hotel Construction Pipeline
PORTSMOUTH, New Hampshire—In the recently released Q1 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest...
STR: U.S. Hotel Performance Increases From the Previous Week
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through April 23, 2022.
U.S. Hotel Performance
April 17-23, 2022
Percentage change from...
Wyndham Hotels & Resorts Reports Q1 2022 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2022. Highlights include:
Global RevPAR grew 39 percent compared...
Marcus & Millichap Announces Sale of Quality Inn & Suites Hardeeville
HARDEEVILLE, South Carolina—Marcus & Millichap announced the sale of Quality Inn & Suites Hardeeville, South Carolina. The 99-room hospitality property sold for $5.15 million,...
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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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