profit

2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges

While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...

Brand CEOs Identify Top Challenges, Industry Disruptors During AAHOA Panel

As a handful of major brand CEOs assembled during AAHOACON ’24 to weigh in on key industry issues, a major focal point was increased...

Compound Success is the Goal For AAHOA as It Looks Forward After 35-Year Milestone

AAHOA Chairman Bharat Patel kicked off AAHOACON ’24 by highlighting a number of examples of the progress and increased clout of the association as...
NoMad Hotels

Hilton to Grow NoMad Hotels Brand With Sydell Group Majority Interest Acquisition

MCLEAN, Virginia, and MIAMI, Florida—Hilton announced it has acquired a majority controlling interest in Sydell Group to expand the NoMad Hotels brand from its...
WaterWalk

Wyndham Enters Upscale Extended-Stay Segment With WaterWalk

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts is expanding into the upscale extended-stay segment, launching a strategic relationship with WaterWalk. The deal adds 11 hotels...
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Choice Hotels Publishes 2023 ESG Report

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
Mr & Mrs Smith

World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith

CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
hotel construction

Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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