occupancy Decline, slowdown, september 2019, october 2019, GOPPAR

U.S. Hotel GOPPAR Turns Downward in October

U.S. Hotels  Profit & Loss Performance Indicators October 2019 vs. October 2018 RevPAR: -2.1% to $190.93 TRevPAR: -0.9% to $300.54 Payroll: +2.3% to $98.64 GOPPAR: -2.8% to $126.97 Two consecutive months...
Noble has acquired the New Haven Hotel at Yale University. Located in the heart of downtown New Haven, Connecticut.

Noble Investment Group Acquires New Haven Hotel at Yale University

ATLANTA — Noble Investment Group this week announced the acquisition of the New Haven Hotel at Yale University in downtown New Haven, Connecticut. The commercial,...
Andaz Dubai The Palm - Hyatt luxury hotels

Hyatt to Open More Than 20 New Luxury Hotels by the End of 2020

CHICAGO — Hyatt Hotels Corporation expects to open more than 20 new luxury hotels and resorts by the end of 2020, boosting its luxury...
AHIP announced the planned acquisition of 12 premium-branded hotels for $191 million. (Photo courtesy of CNW Group/American Hotel Income Properties REIT LP)

AHIP Acquires 12-Hotel Portfolio for $191 Million

VANCOUVER — American Hotel Income Properties REIT LP (AHIP) has reached a definitive agreement to acquire a portfolio of 12 premium-branded hotels for $191...
Cambria Hotel Downtown Phoenix Convention Center

Cambria Opens Third Hotel in Arizona

ROCKVILLE, Md. — Cambria Hotels, an upscale brand franchised by Choice Hotels International, has opened its third hotel in Arizona: the Cambria Hotel Downtown...

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The State of Hotel Real Estate Development

Peter Berk, who has been president of PMZ Realty Capital LLC for more than 10 years, views the hospitality industry from the “glass three-fourths-full”...
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IHG Owners Donate $325,000 in FF&E Through Renovation Donation Initiative

ATLANTA — IHG owners across the United States and Canada are driving further impact in local communities through the brand's Renovation Donation Initiative (RDI)....
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Best Practices for Growing Direct Booking Revenue

Digital marketing has been around for more than 20 years, yet it still feels very disruptive, and for most organizations, is under-delivering on its...

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