Is the Industry Facing a CapEx Depletion Syndrome?
In 2020, as the pandemic swept through the United States, many of its nearly 58,000 hotels remained solvent in part by deferring planned capital...
Marriott Names Anthony Capuano as CEO and Stephanie Linnartz as President
BETHESDA, Md. — Marriott International’s Board of Directors announced today that Anthony “Tony” Capuano has been appointed CEO and has joined the company’s Board...
Deloitte: Perception of Travel Safety Improves, Net Spending Intent Hits Pandemic High
Through the pandemic, Deloitte has been conducting a series of weekly surveys around the United States to better understand the interplay between personal safety...
Castell Project Reports on Board Diversity Among Public Companies in Hospitality Industry
ATLANTA — Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, today...
Marriott Announces Passing of Arne Sorenson
BETHESDA, Md. — Marriott International today announced the unexpected passing of Arne M. Sorenson, president and CEO, on February 15, 2021.
In May 2019, the...
Most Popular
Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
Advertisement