IHG’s avid and voco Brands Reach Development Milestones
IHG Hotels & Resorts this week announced that its avid and voco brands have reached new development milestones: The 30th avid hotel opened in...
STR: U.S. Occupancy Hits Highest Level Since March 2020
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy jumped almost seven points from the previous week to the highest level the country has seen since...
STR: U.S. Hotel Performance Shows Improvement in February 2021
HENDERSONVILLE, Tennessee—The U.S. hotel industry showed higher performance levels in February 2021 versus the prior month, according to STR data.
Occupancy in February 2021 declined...
Soul Community Planet Acquires Hilo Seaside Hotel in Hawaii
San Juan Capistrano, Calif. — Soul Community Planet (SCP) announced the purchase of the 138-room Hilo Seaside Hotel in Hilo, Hawaii. The hotel will...
Maximizing Asset Value: Three Ways Modern Revenue Management Is Changing Hospitality
Hospitality, at its core, is undergoing a transformation. Hoteliers who joined the industry to provide service and interact with guests are learning to adapt...