Technology, Innovation, and the Future of the Hotel Industry
The future of the hospitality industry rests on technology. Using technology, hotels have the opportunity to realize continued growth and success. The adoption of...
Kalibri Labs Launches Predictive Tool to Support Recovery Planning
Rockville, Md.—Kalibri Labs recently announced upgrades to its database, including the ability to provide RevPAR, occupancy, and ADR for future dates and to create...
Industry Evolution: COVID Has Hoteliers Embracing Technology Like Never Before
Hoteliers have a reputation for being slow to incorporate new technology into their properties. Over the last 10 years, despite the astounding speed of...
Protect IT Investments in the Event of a Disaster
While the COVID-19 pandemic has made it a challenging year for the hospitality industry, hotels have made operational changes to help soften the blow,...
How Data and Technology Can Enhance Hotel Cleanliness
The COVID-19 pandemic sparked discussions around sanitation and cleanliness in hotels. Businesses are now navigating these shifts in their operations and accommodating all necessary...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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