Extended Stay America Grows Franchise Portfolio by 20 Percent
CHARLOTTE, North Carolina—Extended Stay America announced its growth outlook through franchising, following the momentum from a year of milestones, including 20 percent growth of...
Hotel Equities Forms Partnership With PPC Enterprises
ATLANTA—Hotel Equities has formed a strategic partnership with private equity firm PPC Enterprises. The partnership looks to invest in future mergers, strategic alliances, JV...
Sonesta Announces Execution of 65 New Franchise Agreements in 2023
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 65 new franchise agreements in 2023, spanning 12 of the company’s 17 brands. The new...
Hyatt Shares Expected Growth Trajectory for 2024, Includes Pipeline of 127,000 Rooms
CHICAGO—Hyatt Hotels Corporation updated its projected growth for 2024 and beyond. In 2023, Hyatt's pipeline resulted in 127,000 rooms worldwide at year-end, which is...
Red Roof Adds Next Woman-Owned Franchise Since Launching New Initiative
COLUMBUS, OHIO—Red Roof announced its latest fully woman-owned franchise since launching its RIDE with Red Roof initiative. The HomeTowne Studios Madison, Alabama, formerly known...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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