Extended Stay America Names Greg Juceam President and CEO
CHARLOTTE, North Carolina—Extended Stay America and its affiliated entities (ESA) announced the appointment of Greg Juceam as president and CEO, effective immediately. Juceam brings...
HotStats: Global Hotel Performance Stabilized by the End of 2021
Although HotStats reports that 2021 had abnormalities, global hotel performance for the year ended on a stabilized note. The global hotel industry’s climb back...
U.S. Hotel Profit from 2021 Reaches 52 Percent of Pre-Pandemic Levels
HENDERSONVILLE, Tennessee—Gross operating profit for U.S. hotels reached 52 percent of the comparable 2019 level, according to STR's full-year 2021 P&L data release.
Strong holiday...
Castell Project Releases 2022 Women in Hospitality Industry Leadership Report
ATLANTA—Officials of Castell Project, Inc., released the 2022 Women in Hospitality Industry Leadership report. Now in its fifth year, the report details women’s progress...
Lodging Econometrics: Marriott Leads the U.S. Construction Pipeline
PORTSMOUTH, New Hampshire—As seen in the Lodging Econometrics (LE) Q4 2021 United States Construction Pipeline Trend Report, the franchise companies with the largest U.S....
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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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