IHG Hotels & Resorts Announces Q3 2023 Trading Update
IHG Hotels & Resorts announced its Q3 2023 trading update through September 30, 2023. Highlights include:
Q3 group RevPAR up 10.5 percent versus 2022,...
CoStar: U.S. Hotel Performance Continues to Increase, Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, and year-over-year comparisons remained mixed, according to CoStar’s latest data through Oct. 14, 2023.
U.S. Hotel...
CoStar: U.S. Hotel Performance Increases With Positive Year-Over-Year Comparisons
WASHINGTON—U.S. hotel performance increased from the previous week and year-over-year comparisons were mostly positive, according to CoStar’s latest data through Oct. 7, 2023.
U.S. Hotel...
Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography
Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626...
Baird/STR Hotel Stock Index Dropped in September 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 2.0 percent in September to a level of 5,739.
“Hotel stocks were down again in September,...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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