Colony Capital to Sell Six Hospitality Portfolios Totaling 197 Hotels to Highgate
LOS ANGELES — Colony Capital, Inc., announced it has entered into a definitive agreement to sell six of its hospitality portfolios to Highgate, a...
HotStats: August Proves Positive Month for Regions Outside U.S.
LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...
STR: Improvements in U.S. Hotel Profitability Slow in August
BROOMFIELD, Colorado—Improvements in U.S. hotel profitability metrics slowed in August 2020, according to STR‘s latest monthly P&L data release.
In a year-over-year comparison with August...
STR: Occupancy Flattens in Third Week of September
HENDERSONVILLE, Tennessee—U.S. hotel occupancy was nearly flat from the previous week, according to the latest data from STR for the week of September 13-19,...
New Rules: Rewriting the Hotel Development Playbook
This time last year, some of the biggest challenges facing hotel developers were high labor costs, brand fatigue, and market competition. The industry’s circumstances...
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Choice Hotels Hosts “SOAR” Seminar to Attract, Mentor and Educate Underrepresented Groups
Ahead of its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, hosted its SOAR (Supporting...
Powering Ahead: All Indicators Are Strong for Meetings and Events
As we welcome the new year, the hospitality industry is buzzing with optimism and hope. According to the most recent Planner PULSE Survey, the...
HVMG Promotes Three Senior Leaders
Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today announced that the company has promoted three associates to leadership roles. ...
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