All Eyes on Operating Costs: Lessons Learned in 2024 and Cost-Control Advice for 2025
Hotel profit margin, which measures profits as a percent of revenue, is considered a good indicator of the efficiency of hotel operations. In 2023...
CoStar: U.S. Hotel Industry Continues to Report Mixed Yearly Comparisons
ARLINGTON, Virginia—The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through May 24.
U.S. Hotel PerformanceMay 18 - May 24, 2025Percentage...
Berkadia Negotiates Sale of Freepoint Hotel Cambridge, Tapestry Collection by Hilton
CAMBRIDGE, Massachusetts—Berkadia announced the successful sale of the 121-room Freepoint Hotel Cambridge, Tapestry Collection by Hilton, located in Cambridge, Massachusetts.
Managing Director Denny Meikleham and...
Hotel Wren Opens in Twentynine Palms
TWENTYNINE PALMS, California—Hotel Wren, a reimagined 1940s roadside motel, is now open in Twentynine Palms at the gateway to Joshua Tree’s north entrance. The...
A-1 Hospitality Breaks Ground on AC Hotels by Marriott Property in Kennewick, Washington
KENNEWICK, Washington—A-1 Hospitality Group announced the groundbreaking for the new 163-room AC Hotels by Marriott in Kennewick, Washington. Located at the Three Rivers Convention...
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The Trail Hotel Officially Opens in Bardstown, Kentucky
BARDSTOWN, Kentucky—The Trail Hotel, the world’s first bourbon-infused luxury hotel, is now welcoming guests in Bardstown, Kentucky. The 95-room hotel invites guests to experience Kentucky’s...
IHG’s Conversion-Friendly Brands Fuel Growth
ATLANTA, Georgia—IHG Hotels & Resorts (IHG) has seen a steady increase in conversion activity in recent years, with its total global conversion signings nearly doubling...
Hyatt Announces Unscripted by Hyatt, a New Upscale Collection Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced Unscripted by Hyatt, the newest brand in its growing Essentials portfolio. Unscripted by Hyatt hotels will bring to life...
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