TownePlace Suites by Marriott Opens in Marion, Iowa
Marion, Iowa—Marriott International’s TownePlace Suites by Marriott Cedar Rapids/Marion is now open for business. The new hotel will operate as a Marriott franchise owned...
HotStats: Dallas Hotels Increase GOPPAR in April
Dallas hotels provided a bright spot in a generally sour month of performance across the United States in April, recording a 1.1 percent increase...
STR: 2019-20 School Break Timing To Impact Leisure Demand
HENDERSONVILLE, Tennessee—The 2019-20 School Break Report from STR shows notable shifts in school calendar dates and subsequent periods of high hotel leisure demand, with...
Financing News: Embassy Suites Atlanta Secures $83.5 Million, Le Meridien Arcadia Secures $43.5 Million
PMZ Realty Capital Arranges $83.5 Million for Embassy Suites Atlanta
PMZ Realty Capital LLC, a boutique real estate investment banking firm, arranged an $83.5 million...
Poised to Sell: Mumford Executive on Getting the Best Bang for Your Investment Buck
Burton Brooks, a principal in Mumford Company’s Atlanta office, has been involved in the sale of more than 100 properties representing aggregate volume approaching...
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RateGain Acquires BCV, Creates Guest Experience Cloud Platform
CHICAGO—RateGain has acquired hospitality-focused social media provider BCV. The combined companies will now offer a guest experience cloud platform with proprietary digital products designed...
IHG Uses AI To Track and Reduce Food Waste in Hotels
InterContinental Hotels Group (IHG) has announced a partnership with technology company Winnow to help its hotels automatically track, measure, and reduce food waste for...
Extended Stay America Tops Off New Prototype Hotel in Florida
Charlotte, N.C.—Extended Stay America announced today the “topping off” of its new hotel—the Extended Stay America Tampa-Gibsonton-Riverview in Florida—signifying the final beam has been...
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