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September 2021

STR: U.S. Hotel Occupancy Hits a Four-Week High

HENDERSONVILLE, Tennessee—According to STR's latest data, U.S. hotel occupancy reached a four-week high from September 12-18, 2021. U.S. Hotel Performance September 12-18, 2021 Percentage change from 2019 comparable week: Occupancy: 63.0 percent (down 11.6 percent) ADR: $131.04 (down 2.6...
Arash Azarbarzin

Arash Azarbarzin Named CEO of Highgate

Highgate, a real estate investment and hospitality management company, announced the appointment of industry pioneer Arash Azarbarzin to CEO. The hire signifies Highgate's focus on team building and expanding its luxury and lifestyle capabilities. As...
Person using tablet

ProfitSword Integrates BI Platform Through Partnership With Duetto

ALPHARETTA, Georgia and SAN FRANCISCO, California—ProfitSword, a developer of business intelligence and data integration software, announced the integration of its BI platform with Duetto, an advanced revenue management technology for the hospitality industry. Properties...
Comings and goings

This Week’s Comings & Goings

CHMWarnick has named Mark VanStekelenburg senior vice president, and in this role, he is serving as a senior member of the company’s hospitality advisory team, leading strategic investment decisions, and selecting brands and management....
business partnership

Yonder Associates, a Hospitality Consulting Firm, Launches

Hospitality industry veterans Anouska Biswas and Nathan Crisp announced the launch of Yonder Associates, a hospitality consulting firm that specializes in advising on revenue management optimization, sales lead generation, distribution, hospitality finance, and hands-on...