Lodging Daily News

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Cornell Hotel Society Announces Hall of Fame Honorees

Posted by LODGING Staff on  October 30, 2023
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ITHACA, New York—The Cornell Hotel Society Hall of Fame Nomination/Selection Committee announced the 2023 honorees to enter the Cornell Hotelie Hall of Fame. The honorees will be celebrated during Hotelie Super Sunday on November 12, 2023, at The Pierre in New York City. The Hall of Fame inductees for 2023 are: James W. McLamore ’47 John Harney ’56 Harris Rosen ’61 Burton “Skip” Sack ’61 Annabella Santos Wisniewski ’65 Steve Rushmore ’67 James J. Eyster
Berkadia

Berkadia Arranges Refinancing for Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank

Posted by LODGING Staff on  October 27, 2023
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JACKSONVILLE, Florida—Berkadia’s Hotels & Hospitality team arranged the refinancing of the leasehold interest in the Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank, a 221-key, dual-brand hotel located in Jacksonville, Florida. Managing Director Michael Weinberg, Associate Director Alec Fox, and Senior Director Lindsey deButts of Berkadia Hotels & Hospitality secured the financing on behalf of Excel Group. A regional bank provided the five-year loan. “Excel has significantly improved the property’s performance through operational efficiencies since acquisition
Tempo by Hilton Times Square

Balancing Inspired Design with a Rigorous Fitness Focus

Posted by George Seli on  October 27, 2023
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Category: Design
Opened in August, the 661-room Tempo by Hilton Times Square is located within TSX Broadway, a new 46-story tower featuring retail and entertainment spaces including the historic Palace Theatre. Fitness and wellness are a priority at the hotel, whose communal lobby features a signature hydration station with alkaline filtered water. Nine wellness rooms are each outfitted with a Peloton bike, access to a digital library of fitness content, a yoga mat, and resistance bands. Peloton
first project H3
MCLEAN, Virginia, and KOKOMO, Indiana—Hilton announced the groundbreaking of the first Project H3 by Hilton hotel in Kokomo, Indiana, signifying the start of construction on its new studio apartment-style extended-stay hotel brand. Operating under a working title as Hilton navigates the final stages of the trademark process, the 137-room property is owned by Sun Management & Development Corporation. Beginning construction less than five months after the brand was first announced, the newest addition to Hilton’s
U.S. hotel performance
WASHINGTON—U.S. hotel performance increased from the previous week and showed improved year-over-year comparisons, according to CoStar’s latest data through Oct. 21, 2023. U.S. Hotel Performance October 15-21, 2023 Percentage change from comparable week in 2022Occupancy: 69.0 percent (down 0.8 percent)ADR: $165.32 (up 3.8 percent)RevPAR: $114.04 (up 2.9 percent) Among the Top 25 Markets, Seattle saw the largest year-over-year lift in occupancy (up 8.5 percent to 76.1 percent). Las Vegas posted the highest increases in ADR