January 2021

STR: New Year’s Travel Boosts Weekly Occupancy

HENDERSONVILLE, Tennessee—Thanks to a travel boost leading into the New Year’s holiday, U.S. weekly hotel occupancy improved noticeably from the previous week, according to...
The Monastery Boutique Hotel in Wheeling, West Virginia

Saira Hospitality to Launch Its First Permanent Hospitality School in West Virginia

Saira Hospitality, a 501c3 nonprofit, announced this week that its first permanent hospitality school will launch in spring 2021 in collaboration with The Monastery...
Citizen M Los Angeles

Stonehill Closes on Nine CPACE Loans Totaling $100 Million in Q4

ATLANTA — Officials of Stonehill today announced the company’s PACE Division closed on nine Commercial Property Assessed Clean Energy (CPACE) loans totaling $100 million...
John Murphy, founding president of Evolution Hospitality, and David Parsky, founder of Arris Investments, announced this week their new venture, Triton Hospitality Group

Evolution Hospitality and Arris Investments Founders Launch Triton Hospitality Group

SANTA MONICA, Calif. — John Murphy, founding president of Evolution Hospitality, and David Parsky, founder of Arris Investments, announced this week their new venture,...
Holiday Inn Resort in Wrightsville Beach, North Carolina

Holiday Inn Resort in Wrightsville Beach, North Carolina, Sold for $30.25 Million

WRIGHTSVILLE BEACH, N.C. — Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, recently announced...

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COVID-19 vaccine

More Than 50,000 Hotels Offered as Vaccine Administration Sites

On Thursday, the American Hotel & Lodging Association (AHLA) sent a letter to the Biden Administration transition team, the Centers for Disease Control and...
Meeting attendees wear face masks

Knowland Releases U.S. Meetings and Events Data for December

ARLINGTON, Va. — December U.S. monthly meetings and events volume decreased 39 percent over the previous month, according to the latest data from Knowland,...
A woman watches TV in a hotel room

TV Viewership Increases 49.3 Percent in Occupied Hotel Rooms During Pandemic

PLANO, Texas — U.S. technology provider Enseo recently released a whitepaper analyzing guest television viewership during the COVID-19 pandemic, revealing a 49.3 percent increase...