My Place Hotels of America and Rimrock Companies Enter Development Agreement

ABERDEEN, South Dakota—My Place Hotels of America entered into a two-phase franchise and development agreement with Rimrock Companies for 10 extended-stay hotels throughout the...
higher rates

Hoteliers Eyeing Interest Coverage: Challenge Increases This Year as Higher Rates Prevail in the...

According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery...
apartment

CoralTree Hospitality Grows Collection With The Peninsula Beach Resort

DENVER—CoralTree Hospitality is growing its collection of hotels and resorts in Texas with the addition of The Peninsula Beach Resort, a resort community along...
May 2023

STR: U.S. Hotel Occupancy Reaches Second Highest Level This Year

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR's latest data through May 20,...
Kā‘anapali Beach Hotel

OUTRIGGER Plans Acquisition of Kā‘anapali Beach Hotel

HONOLULU—OUTRIGGER Hospitality Group announced its plans to acquire Kā‘anapali Beach Hotel, a beachfront resort on the island of Maui. It is located on Kā‘anapali...
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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...
Origin Hotel

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...

Booking.com: Annual Research Shows New Challenges With Sustainable Travel

AMSTERDAM—Booking.com released research with insights gathered from more than 31,000 travelers across 34 countries and territories, exploring the latest consumer attitudes, priorities, and influences...
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