Global Hotel Construction Pipeline Continues to Grow
PORTSMOUTH, N.H.—The global hotel construction pipeline stands at 14,779 projects/2,412,736 rooms, according to the latest report from Lodging Econometrics (LE). Year over year (YOY),...
U.S. Hotel Occupancy Falls to Three-Week Low
HENDERSONVILLE, Tenn. — U.S. hotel occupancy fell to a three-week low during the week of August 16-22, 2020, according to the latest data from...
HotStats: Global Hotel Industry Makes Monthly Strides in July
LONDON — According to July profit and loss data from HotStats, the global regions continue to accrue negative months of profitability, with the exception...
ALIS Reschedules In-Person Event for April 2021
COSTA MESA, Calif. — Northstar Travel Group and The BHN Group today announced the 20th edition of ALIS will be held April 19-21, 2021...
STR: U.S. Monthly GOPPAR Turned Positive for the First Time Since February
BROOMFIELD, Colorado—U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February, according to STR's latest monthly...
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InterContinental Hotels Group Reports Q1 Trading Results
InterContinental Hotels Group reported its first-quarter trading results, highlighted by global RevPAR gains and significant system-wide growth. Specific highlights include the following:
● Q1 global...
Source Acquires Berman Purchasing, Inc., Expanding the FF&E Procurement Firm
Portland, Oregon-based Source announced its acquisition of 20-year-old Jupiter, Florida-based Berman Purchasing, Inc. The move creates a bicoastal women-led procurement firm with decades of...
AHLA Foundation Hosts Annual ForWard Conference to Advance Women in Hospitality
AHLA Foundation hosted nearly 1,000 attendees from across the hotel industry at the Hyatt Regency McCormick Place for the annual ForWard conference this week....
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