CoStar: U.S. Hotel GOPPAR Fell for Second Consecutive Month
WASHINGTON—U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month, according to CoStar's June 2023 P&L...
hihotels by Hospitality International Signs Four New Properties
ATLANTA—hihotels by Hospitality International continued its growth by signing four properties to the system: three Scottish Inns in Texas and a Red Carpet Inn...
Hyatt Reports Q2 2023 Financial Results
CHICAGO—Hyatt Hotels Corporation reported second-quarter 2023 financial results. Highlights include:
Net income was $68 million in the second quarter of 2023 compared to $206 million...
CoStar: U.S. Hotel Performance Declines From Previous Week
WASHINGTON—U.S. hotel performance declined slightly from the previous week but showed improved comparisons year over year, according to CoStar’s latest data through July 29,...
Lodging Econometrics: Marriott, Hilton, and IHG Lead U.S. Hotel Construction Pipeline
According to the most recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), in the second quarter of 2023, the franchise companies...
Most Popular
Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
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...
Advertisement