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Revenue Management

DiamondRock Hospitality Completes Sale of Westin Washington, D.C. City Center

BETHESDA, Maryland—DiamondRock Hospitality Company announced that on Feb. 19, 2025, it completed the sale of the 410-room Westin Washington, D.C. City Center for a...

CBRE Forecast Shows RevPAR to Increase in 2025

DALLAS, Texas—CBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved...

Choice Hotels Reports Q4 and Full-Year 2024 Results

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its fourth quarter and full-year 2024 results. Net income increased 16 percent to $299.7 million for full-year 2024,...

Sonesta Essential Blue Springs Opens in Overland Park, Missouri

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Blue Springs, an 83-room, upper-midscale hotel in Overland Park, Missouri. The hotel is...
Sandpiper Hospitality's two new extended-stay properties

Sandpiper Hospitality Opens Two Extended-Stay Properties

RICHMOND, Virginia—Sandpiper Hospitality expanded its reach with the opening of two new hotels: an ECHO Suites Extended Stay by Wyndham in Richmond, Virginia, and...