A Brighter Outlook: CBRE Forecasts Enhanced RevPAR Growth in 2023 Despite Economic Headwinds
Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons forecast calls for a 5.9 percent RevPAR increase in...
LivAway Suites Arranges Debt Financing for First National Locations
SALT LAKE CITY, Utah — LivAway Suites, a new economy extended-stay concept, has arranged $85 million in debt financing through Keystone National Group for...
JLL’s Hotels & Hospitality Group Closes Sale of Three Hotel Portfolio
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of a portfolio of three recently renovated independent hotels totaling 169 keys...
The Year of Recovery in Review: Nearly All Markets Approached, Matched, or Exceeded Pre-Pandemic...
Considering an Omicron start to the year, the rise of inflation, and concerns around a recession ahead, it is remarkable that the U.S. hotel...
STR: U.S. Hotel Performance Lowers From Previous Week
HENDERSONVILLE, Tennessee—With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR's latest data...
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Hospitality Industry Public Relations Leader David “Jerry” Daly Dies at 78
ASHBURN, Virginia — Officials of DG Public Relations, LLC, today announced the death of company co-founder, David “Jerry” Daly on January 11, 2023, due...
Aspen Meadows Resort Reimagines Guest Suites
ASPEN, Colorado — Aspen Meadows Resort has unveiled a guest suite renovation that pays a primary color homage to the resort's Bauhaus design roots.
Blending...
Leveraging Experience: Veterans Dowling, Maher Detail New Roles With Horwath During ALIS
With an eye on “raising its brand to a more premium level,” global advisory firm Horwath HTL recently secured two accomplished industry brand veterans...
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