JLL’s Hotels & Hospitality Group Closes Sale of Six Hyatt Place Hotels
ATLANTA—JLL's Hotels & Hospitality Group announced that it has closed the $55 million sale of six Hyatt Place branded select-service hotels totaling 754 keys...
Procaccianti Companies Acquires Newport Beach Hotel & Suites
PROVIDENCE, Rhode Island—Procaccianti Companies announced the acquisition of the Newport Beach Hotel & Suites.
The Newport Beach Hotels & Suites consists of two buildings, the...
Minibar Market Projected to be Worth $1.49 Billion by 2024
The global minibar market size is projected to reach $1.49 billion by 2024, owing to the transformation, growth, and emergence of the hospitality industry...
STR: U.S. Hotel ADR Reached Highest Level on Record
HENDERSONVILLE, Tennessee—STR's latest data through July 10, 2021, showed U.S. hotel occupancy continued to improve while average daily rate (ADR) reached the highest on...
JLL Hotels & Hospitality Arranges Financing for the Four Seasons Miami
MIAMI—JLL Hotels & Hospitality has arranged a $105 million acquisition financing for the 221-key Four Seasons Resort and Residences located in the Brickell Business...
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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