How Soft Brands Stack Up
The number of soft-branded hotels has risen dramatically over the last decade, growing from just two brands and 22 properties in 2010 to 12...
Deloitte: CFOs Anticipating a Slowdown, But Not a Recession
Deloitte today released the results of its CFO Signals survey for Q1 2019, which tracks the thinking and actions of CFOs who work for...
Loews Hotels & Resorts Purchases Loews Ventana Canyon Resort
NEW YORK, N.Y.—Loews Hotels & Resorts today announced that the company completed the purchase of the of the 398-room Loews Ventana Canyon Resort, which...
CoStar: U.S. Hotel Performance Declines From Previous Week
WASHINGTON—U.S. hotel performance declined slightly from the previous week but showed improved comparisons year over year, according to CoStar’s latest data through July 29,...
Average Selling Price Per Room on the Rise
The competition for properties in certain markets is heating up among buyers, as REITs and private equity groups with similar strategic objectives compete for...
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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
Wyndham Hotels & Resorts Reports Q1 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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