U.S. Hotel Industry Reached 83.2 Percent of Pre-Pandemic RevPAR in 2021
HENDERSONVILLE, Tennessee—With improved performance as 2021 progressed, the U.S. hotel industry reported total-year revenue per available room (RevPAR) that was 83.2 percent of the...
Remington Hotels Assumes Management of SpringHill Suites Austin West/Lakeway
DALLAS—Remington Hotels has assumed management of the SpringHill Suites Austin West/Lakeway by Marriott in Lakeway, Texas.
The 88-room property opened in August 2020 as a...
CBRE Arranges Financing for the Hotel Indigo Houston at the Galleria
HOUSTON—CBRE has arranged financing for the purchase of the Hotel Indigo Houston at the Galleria, a 131-key hotel located in Houston’s uptown submarket. The...
Los Angeles Hotel Rates to Reach Second-Highest Super Bowl Level
BROOMFIELD, Colorado—Hotel average daily rate (ADR) and revenue per available room (RevPAR) in the Los Angeles market are projected to reach the second-highest levels...
PTM Partners and DoveHill Capital Management to Develop the Edge Collective
ST. PETERSBURG, Florida—PTM Partners and DoveHill Capital Management announced their joint venture partnership on the Edge Collective. The mixed-use opportunity zone development will feature...
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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...
Booking.com: Annual Research Shows New Challenges With Sustainable Travel
AMSTERDAM—Booking.com released research with insights gathered from more than 31,000 travelers across 34 countries and territories, exploring the latest consumer attitudes, priorities, and influences...
Marriott Verifies Emissions Reduction Targets With SBTi
Marriott International, Inc. has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). SBTi is a global...
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