U.S. Hotel Industry Proves Resilient in September
The third quarter ended on a high note for U.S. hotels, as September profit-per-room climbed year-over-year (YOY), an indication that the current cycle still...
Hotel Investors Proceed With Caution as Economic Outlook Shifts
With low unemployment rates and higher incomes, travelers booked trips more confidently in 2019. As a result, hotels across the country performed better this...
LakePoint Sports Plans $39 Million Hotel for Youth Athletes and Families
ATLANTA — LakePoint Sports, a youth sports destination, recently announced plans for a $39 million, 200-room hotel that will open in early 2021. Located...
RevPAR Growth Continues to Flourish for Independent Hotels
For the past five years, independent properties have outpaced branded properties in RevPAR growth. For the most recent trailing 12-month period ending July 2019,...
The Experience Economy Is Driving Investments in Resorts
CHICAGO — Buoyed by the rise of experience-driven travel and an affinity toward locally-inspired hotel offerings, resort assets remain a top target among investors....
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Enhancing Hospitality Excellence: The Vital Role of Device Monitoring
In the dynamic world of the hospitality industry, where customer satisfaction reigns supreme, every detail counts. From the moment a guest steps foot into...
DiamondRock Hospitality Takes On Leadership Changes
DiamondRock Hospitality Company announced leadership changes and a simplified organizational structure to drive continued business momentum:
Jeffrey Donnelly, previously executive vice president and chief financial...
Marriott Plans to Add 100 Properties in Europe Through 2026
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
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