december 2021

STR: U.S. Hotel Performance Increases From Previous Week

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through December 11, 2021. U.S. Hotel Performance December 5-11, 2021 Percentage change...

Hôtel Barrière Forquet’s to Debut in the United States

NEW YORK—The luxury Hôtel Barrière Fouquet's will mark a new era for New York’s Tribeca district. Owned by Caspi Development and operated by the...
Dunes

Dunes Manor Hotel, Court & Suites Acquired by OTO Development

SPARTANBURG, South Carolina—OTO Development has acquired Dunes Manor Hotel, Court & Suites in Ocean City, Maryland. The deal adds a popular resort complex to...
The Mirage

Hard Rock International to Acquire Operations of The Mirage Hotel and Casino

Hard Rock International, a hospitality and entertainment company, announced its agreement to acquire the operations of The Mirage Hotel and Casino in Las Vegas...
The Beatrice

Bringing Back Boutique: The Beatrice in Providence, Rhode Island

The Beatrice, a boutique hotel located in Downtown Providence’s historic district, embodies the city's rich history, established art and dining scenes, and the elegant...
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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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