Controlling Telecommunications Costs: Rise in Telecom-Related Expenses
To gain a better understanding of telecommunication expenditures at U.S. hotels, CBRE analyzed the costs of phone and internet service within the information and...
STR: U.S. Hotel Occupancy Reaches Highest Weekly Level Since 2019
HENDERSONVILLE, Tennessee—According to STR's latest data through June 12, 2021, U.S. hotel occupancy has reached its highest weekly level since early November 2019.
U.S. Hotel...
The Eddy Taproom & Hotel Opened in Golden, Colorado
GOLDEN—The Eddy Taproom & Hotel, located where the Great Plains meet the Rockies in Golden, Colorado, recently opened. Managed by Denver-based CoralTree Hospitality Group,...
Blackstone and Starwood Capital Group Acquire Extended Stay America
CHARLOTTE, North Carolina—Extended Stay America, Inc. (ESA) and its paired-share REIT, ESH Hospitality, Inc. (ESH and, together with ESA, Extended Stay) announced the completion...
Tru by Hilton Spokane Valley Added to The Hotel Group’s Portfolio
SEATTLE—The Hotel Group (THG), a national hotel management and investment company, added the 92-room Tru by Hilton Spokane Valley in Spokane Valley, Washington, to...
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Marriott Plans to Add 100 Properties in Europe Through 2026
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership
When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just...
Cvent Passkey to Integrate With Maestro’s PMS Solution
TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution....
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