The Latest

October 2021

STR: U.S. Hotel Occupancy Rises While Room Rates Dip

HENDERSONVILLE, Tennessee—U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR's latest data through...
Man using a tablet — technology concept

New Technology Releases, Partnerships, and Software

As the year draws to a close, the technology companies that provide solutions for the hotel industry are releasing new innovations to address pressing...
Comings and goings

This Week’s Comings & Goings

Sonesta International Hotels Corporation announced Len Wolin senior vice president of hotel operations. In this role, Wolin is overseeing Sonesta’s managed portfolio, which accounts...
Legendary Capital

Legendary Capital Sponsors the Acquisition of an avid Hotel

FARGO, North Dakota — Legendary Capital has announced it sponsored the acquisition of the 92-room avid in Southaven, Mississippi, in a $12 million all-cash...
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Openings

Operations

water heater

Intellihot Launched Intelligent Water Heater System telliBot_ai

GALESBURG, Illinois—Intellihot, the clean technology company creating solutions to transform the current environment, launched the telliBot_ai, the world’s first intelligent water heater systems analyzer....
marketing division

Charlestowne Hotels Integrates its Marketing Division Throughout its Portfolio

CHARLESTON, South Carolina—Charlestowne Hotels enhances its standards of hospitality management through its fully integrated strategic marketing division, a service not typically offered by third-party...
Hotel Forecast Toolkit

Centralized Data Hubs: How PMS Can Help on the Road to Recovery

Since the pandemic, innovations in technology have transformed hotel operations. The industry has experienced widespread adoption of contactless solutions, IoT-enabled guest amenities, AI-supported operational...
Business meeting - revenue roles

Knowland: U.S. Group Meetings Volume Increases by 17.2 Percent

ARLINGTON, Virginia—Knowland, a provider of data-as-a-service insights on meetings and events for hospitality, released its monthly meetings and events data for September. The numbers...
Hotel Operations Technology

Management Companies, Brand Mandates, and the Future of Hospitality

There was a push toward centralized operations even before the pandemic forced hotel companies to reduce staff sizes and shutter some properties. The trend...
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new breakfast program

Marriott Begins Rolling Out New Breakfast Program for Four Brands

BETHESDA, Maryland—With travelers back on the road, Marriott Bonvoy unveils a new breakfast program across four brands within its portfolio: Residence Inn by Marriott,...
Benchmark Pyramid

Benchmark and Pyramid Hotel Group Merge and Form Benchmark Pyramid

BOSTON and THE WOODLANDS, Texas—Two hotel and resort management companies have aligned forces, creating one organization strategically positioned for the future of the global...
Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after

Terrapin Hospitality Acquires K Partners

HOUSTON — Hotel management company Terrapin Hospitality announced the acquisition of K Partners, a third-party hotel management company located in San Antonio, Texas. With...

Products, Platforms, and Partnerships at HITEC Dallas 2021

HITEC Dallas 2021 is underway at the Kay Bailey Hutchinson Convention Center in Dallas, Texas, from September 27 through September 30, 2021. Many exhibiting...
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