CBRE: Commercial Real Estate Lending Market Shows Stabilization
DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even...
Hilton to Accelerate Expansion in Lifestyle Category With Addition of Graduate Hotels
Hilton announced an agreement with Adventurous Journeys Capital Partners (AJ Capital) to acquire the Graduate Hotels brand, adding a growth opportunity for the global hospitality...
STR, TE Lift ADR and RevPAR Predictions in Final U.S. Hotel Forecast Revision of...
HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S....
Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion...
A Balancing Act: Most F&B Revenues Are Up From Last Year, but So Are...
For hotels in the upper tier of the market, a successful conference and group season involves a healthy contribution from F&B departments. If the...
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Hotelbeds Renews Partnership With Choice Hotels
PALMA, Spain—Hotelbeds announced the renewal of its strategic agreement with Choice Hotels for the next three years, adding Radisson Americas properties to the TravelTech...
PM Hotel Group Publishes Sixth Annual Sustainability Report
CHEVY CHASE, Maryland—PM Hotel Group announced the publication of its sixth annual sustainability report. Topics include the strides made in the company's environmental and...
AHLA: U.S. Hotels Added 1,200 Jobs in April
WASHINGTON—U.S. hotels added 1,200 jobs to their payrolls in April, according to the latest government data that shows employment in the industry is still...
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