Beyond Rooms Revenue: Profit Growth Continues, Despite Falling Margins
This year, STR’s host P&L program collected P&L data for over 10,000 hotels globally, with more than half of the sample coming from the...
Holiday Inn Express Breaks Ground in Downtown Washington, D.C.
IHG has announced the groundbreaking of a new-build Holiday Inn Express hotel in downtown Washington, D.C. Scheduled to open in Q4 2020, the 247-room...
STR Strategy Officer Elizabeth Randall-Winkle Talks Slowdown Strategies
As chief strategy officer at STR, Elizabeth Randall-Winkle is responsible for the development and execution of the organization’s strategic initiatives. Randall-Winkle reviewed for LODGING...
U.S. Hotels Report Mostly Positive Performance for Q2 2019
HENDERSONVILLE, Tenn.—The U.S. hotel industry reported mostly positive results in three key performance metrics during Q2 2019, according to data from STR. In a...
NexPoint Hospitality Trust To Acquire Condor Hospitality Trust for $318 Million
BETHESDA, Md. — NexPoint Hospitality Trust (NHT) and Condor Hospitality Trust announced the execution of a definitive agreement under which NHT's operating partnership, NHT...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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