Choice Hotels Shares Q3 2023 Results

ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its Q3 2023 results. Highlights include: Total revenues were $425.6 million for the third quarter of 2023, a third-quarter...

Embassy Suites Gulf Shores Commences Development

GULF SHORES, Alabama—DD Partners, LLC of Birmingham, Alabama, and Marietta, Georgia, Peachtree Group of Atlanta, and Woodbine Development Corporation of Dallas announced the development...
Brooklyn Bridge New York City

Tru by Hilton Surpasses 250 Open Hotels and Announces First New York City Property

MCLEAN, Virginia—This October, Tru by Hilton welcomed new hotels in North Carolina, South Carolina, Texas, and Virginia. Together, the five new Tru by Hilton...
Houston

Sonesta Essential NW Houston Opens

NEWTON, Massachusettes—Sonesta International Hotels Corporation announced the opening of Sonesta Essential NW Houston, a 99-room upper-midscale hotel. The hotel is near Route 290 and...

Hyatt Reports Q3 2023 Financial Results

CHICAGO—Hyatt Hotels Corporation reported third quarter 2023 financial results. Highlights include: Net income was $68 million in the third quarter of 2023 compared to $28...
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Choice Hotels Publishes 2023 ESG Report

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
Mr & Mrs Smith

World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith

CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
hotel construction

Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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