Lodging Daily News

WASHINGTON—Following seasonal patterns, the U.S. hotel industry reported lower performance results from the previous month but improved comparisons year over year, according to August 2023 hotel performance data from CoStar. U.S. Hotel Performance August 2023 Percentage change from August 2022: Occupancy: 66.0 percent (down 0.3 percent)ADR: $153.60 (up 1.8 percent)RevPAR: $101.35 (up 1.5 percent) Among the Top 25 Markets, Oahu Island experienced the highest occupancy level (84.4 percent), which was up 3.4 percent year over

BWH Hotels has appointed Rod Munro to the role of managing director of operations for Australia and New Zealand. Munro will focus on expanding the brand’s presence in the region and fostering growth for the company. CBRE announced James Millon has been named president of U.S. debt and structured finance. Millon will steer CBRE’s U.S. DSF business and will be responsible for expanding the firm’s DSF capabilities nationwide. Rick Corcoran has been named general manager

LODGING is LIVE at the 2023 Lodging Conference. Watch here for our Monday recap and here for our Tuesday recap. The Lodging Conference kicked off on Sept. 18, 2023, with an opening session where executives discussed the ‘Golden Age of Travel,’ current development conditions, and the increased importance of brand families, among other things.   In a session entitled “Deals, Development, M&A,” panelists pointed to a number of reasons for optimism, including pent-up post-pandemic travel

avid hotels announced the opening of its first New York property in Brooklyn. Operating under the ownership of SUNSHINE BROOKLYN LLC, avid hotel Brooklyn – Dyker Heights is one of the new-to-market avid hotels opening this year. Karen Gilbride, vice president of avid hotels, Atwell Suites & Garner commented, “This year marks the fifth anniversary since we opened the first-ever avid hotels property in Oklahoma City – Quail Springs. The opening of avid hotel Brooklyn

WASHINGTON, D.C.—AHLA Foundation announced its new ForWard initiative to support the advancement of women into hotel industry leadership and ownership. The ForWard initiative represents the merger of ForWard—which began as an AHLA event—and the Castell Project into one brand offering a suite of resources, events, professional development opportunities, and community-building forums to develop a pipeline of women leaders in hospitality. The Castell Project, a legacy brand focused on accelerating the advancement of women leaders in