HotStats: U.S. GOPPAR Slips for First Time in 2019
April was the first month of the year during which U.S. hotels reported a year-over-year (YOY) decline in profit per room, as a drop...
Off on the Right Foot
Whether to keep up with the Joneses or to comply with ever-evolving brand standards, hotel owners and operators are racing to improve their properties...
Deal Report: Daly Seven Acquires 40th Hotel, Hunter Hotel Advisors Completes Two Transactions, and...
Daly Seven Acquires 40th Hotel
Daly Seven, a family-owned hotel development and management company, recently acquired its 40th hotel—the Hilton Garden Inn Roanoke. The 80,000-square-foot,...
U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose
BROOMFIELD, Colo.—Industrywide, U.S. hotel house profit reached a record-breaking $80 billion in 2018, even as labor costs grew at a higher rate than revenues,...
Maintaining an 80-Year-Old Vessel-Turned-Hotel
The Queen Mary has had a long and rough history of exposure to the elements—from first setting sail across the Atlantic more than 80...
Most Popular
HITEC Update: Eight Hotel Tech Launches and Integrations
SONIFI Introduces SORA, Partners With NEOU and TraknProtect
SONIFI Solutions has introduced its new SORA platform, a visual complement to a guest's overall stay that...
RLH Corporation Launches AI Virtual Agent for Central Reservations
DENVER—RLH Corporation announced today that the company has deployed an industry-first artificial intelligence (AI) virtual agent for central reservations to support all of its...
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...
Our View
