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Inn at Avila

The Mogharebi Group Arranges Sale of the Inn at Avila

COSTA MESA, California—The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast...
SpringHill Suites Lancaster

Twenty Four Seven Hotels Assumes Operations of SpringHill Suites in Lancaster, California

LANCASTER, California—Twenty Four Seven Hotels announced that it assumed operations of the 94-suite SpringHill Suites in Lancaster, California, on behalf of ownership, Ramji, LLC. “The...
Yorktowne Hotel

Tapestry Collection by Hilton Celebrates 100th Hotel Opening: The Yorktowne Hotel

YORK, Pennsylvania—The Yorktowne Hotel, Tapestry Collection by Hilton, operated by GF Hotels & Resorts, recently announced the reopening of the 100-year-old hotel, marking the...

A Brighter Outlook: CBRE Forecasts Enhanced RevPAR Growth in 2023 Despite Economic Headwinds

Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons forecast calls for a 5.9 percent RevPAR increase in...
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Openings

Operations

Budget season

Revenue Insight Leaders: Turning Data Into Compelling Stories

Hotel revenue managers face increasing expectations to drive outcomes through true data-based decision-making. The pandemic supercharged these expectations. Influencing outcomes requires process and intent...
Boardroom Meeting Business Technology

Knowland: Q4 2022 U.S. Meetings Volume Outperforms Forecast

ARLINGTON, Virginia—Knowland released the quarterly update to its U.S. Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25) realizing strong...
board

Knowland: U.S. Monthly Meetings & Events Data Exceeds Pre-Pandemic for Second Month

ARLINGTON, Virginia—Knowland released its final U.S. monthly meetings and events data benchmarked against 2019, reporting December 2022 achieved 103.1 percent of December 2019 volume,...

Knowland and ConferenceDirect Survey Reports 2023 Meeting Insights

ARLINGTON, Virginia—Knowland and ConferenceDirect announced the results of a survey entitled 2023 State of the Meetings Industry. The collaboration reports insights to help industry...

Knowland: U.S. Monthly Meetings Exceed Pre-Pandemic Levels for First Time

ARLINGTON, Virginia—Knowland released its U.S. monthly meetings and events data for November, reporting that November 2022 achieved 103.1 percent of November 2019 volume, passing...
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RevPAR

Gaining Momentum: ALIS Panel Projects Continued Gains Despite Economic Headwinds

Despite the potential of a looming recession, RevPAR is expected to continue to grow for U.S. hotels in 2023, albeit more modestly than in...
investing

Event Coverage: STR, TE Upgrade 2023 U.S. Hotel Forecast With Adjusted Projections

LOS ANGELES—STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast at the 2023 Americas Lodging Investment Summit (ALIS) in...
Construction

Lodging Econometrics: U.S. Hotel Construction Pipeline Experienced Positive Growth in Q4 2022

In the most recent Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the...