Budgeting

Budgeting Accuracy: Why U.S. Lodging Performance Fell Short of 2017 Expectations

In 2017, the actual achieved levels of 
occupancy, average daily rate (ADR), total revenue, and profits for U.S. hotels were less than their respective...
Ritz-Carlton Lake Tahoe Resort

Braemar To Acquire The Ritz-Carlton Lake Tahoe for $120 Million

DALLAS—Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California. In addition, the...
Asheville, N.C.

Third-Tier Growth Spurt

With suburban hotel performance surpassing the growth rate for urban properties, many hoteliers are turning to secondary and tertiary markets to meet the demand...
La Quinta Inn & Suites Opelika-Auburn, Ala.

La Quinta by Wyndham Opens Seven New Hotels in Q3 2018

PARSIPPANY, N.J.—Wyndham Hotels & Resorts bolstered its midscale offerings in the third quarter of 2018 with the opening of seven La Quinta hotels across...
Construction pipeline

These Hotel Brands Are Dominating the U.S. Construction Pipeline

According to the third quarter report by analysts at Lodging Econometrics, the three hotel franchise companies with the largest construction pipelines in the United...
Resident Inn Norfolk Downtown, Virginia

MCR and BLT Joint Venture Close $647.5 Million Portfolio Financing for 53 Hotels

NEW YORK—A joint venture of MCR and Building and Land Technology (BLT) has completed a $647.5 million financing across a 5,958-guestroom national portfolio of...

Most Popular

Hotel marketing

Five Ways To Streamline Guest Data and Better Target Marketing Messages

A guest signs up for a loyalty membership and then, six months later, receives a request to sign up for the same program. Another...
The Hotel Zags Portland

The Hotel Zags Portland Opens as Part of Pebblebrook’s Unofficial Z Collection

Portland, Ore.—The Hotel Zags Portland is a new boutique hotel in Portland's Fountain District that explores the relationship between nature, art, and play through...

Eight Ways Hotels Are Practicing Sustainability This Earth Day

People around the world are celebrating Earth Day, and hotels are no exception. From cleaning up their communities to implementing more environmentally friendly practices,...

Our View

CLOSE
CLOSE