A Crash Course in Hotel Revenue Management for Non-Revenue Managers
With widespread furloughs, downsizing, and consolidation across the hotel industry, everyone is multitasking these days, and revenue management is no exception. At some hotel...
STR: U.S. Occupancy Declines Going Into October
HENDERSONVILLE, Tennessee—In the final days of September and heading into October, U.S. hotel occupancy decreased slightly from the previous week, according to the latest...
Service Properties Trust to Transfer Branding and Management of 98 Hotels to Sonesta
NEWTON, Mass. — Service Properties Trust (SVC) today announced that it has terminated the management agreements for 122 hotels with Marriott International effective January...
Baird/STR Hotel Stock Index Drops 7.1 Percent in September
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 7.1 percent in September 2020 to a level of 3,329. Year to date through the...
Fredric Washington to Develop Six Choice Hotels in Florida
ROCKVILLE, Md.—Choice Hotels International, Inc.'s emerging markets franchise development program announced this week that it awarded a contract to Fredric Washington to develop six...
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Indigo Road Adds The Skyline Lodge, Plans Renovations for the Boutique Property
CHARLESTON, S.C. — The Indigo Road Hospitality Group recently added The Skyline Lodge in Highlands, N.C., to its growing portfolio of F&B-driven boutique hotels....
‘This Is Our Time’: AHLAF Scholarship Recipients Plan for a Future in Hospitality
Quanifah Williams and her mother would cook together when she was growing up. Cooking was always a happy part of her day and allowed...
Wyndham Sales SVP Talks Pandemic Strategies and Initiatives
Carol Lynch, senior vice president of sales at Wyndham Hotels & Resorts, says being able to keep the company’s sales team in place during...