Lodging Daily News

TYSONS, Virginia—Cvent and Sabre Corporation have expanded their partnership to provide two new integrations. The integrations aim to streamline group booking capabilities for event organizers and independent properties and chains worldwide. Cvent has integrated its Cvent Instant Book (for small meetings) and Cvent Passkey (room block management) tools with Sabre Hospitality’s SynXis Central Reservation System (CRS). These integrations enable a journey from venue sourcing and booking, to guest room fulfillment on Cvent’s platform, providing a

Extended stay is the place to be if you’re in the hotel space these days. Fortunately for Extended Stay America (ESA), the segment that has significantly outperformed the overall lodging industry in recent years is where the company has resided since its inception, and it’s now leveraging that singular focus and experience to accelerate its growth momentum despite an increasingly crowded market. The Charlotte, North Carolina-based company has built the portfolio of Extended Stay America

GRAYSON, Kentucky—The SureStay by Best Western Grayson has opened its doors in Grayson, Kentucky. The SureStay by Best Western Grayson has 60 guestrooms with new linens and terry cloths, flat-screen televisions, in-room microwaves, and mini-fridges, with some rooms offering hot tubs. The SureStay by Best Western Grayson also has a heated indoor pool with a skylit ceiling offering sunlight into the swimming area; a business center with printing and faxing; daily hot breakfast and 24-hour

NEWPORT NEWS, Virginia—Mumford Company announced it completed the sale of the Tru by Hilton Rockwall Dallas, located in Rockwall, Texas. “It was our pleasure to have once again had the opportunity to represent McNeill family interests in the sale of the Tru by Hilton,” said David Mumford, senior principal, Mumford Company. “For over 30 years, across many transactions as both sellers and buyers, we have enjoyed working with Mr. McNeill, his family, and investor groups

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index grew 8.2 percent in July to a level of 6,074. “Hotels stocks outperformed again in July with the global hotel brands leading the way higher,” said Michael Bellisario, senior hotel research analyst and director at Baird. “For the last few months, broader stock market momentum and investors’ risk-on appetite have bolstered the hotel stocks’ performance; additionally, continued international strength and recovering cross-border travel have benefitted the global