STR: U.S. Hotels Report Positive Results for February
HENDERSONVILLE, Tenn. — In its final month before feeling the impact of the COVID-19 pandemic, the U.S. hotel industry reported positive results in the...
STR: U.S. Hotel Occupancy Dropped to 53 Percent During Second Week of March
HENDERSONVILLE, Tenn. — Showing further COVID-19 impact, the U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week...
Waramaug Acquires Orlando’s Castle Hotel
BOCA RATON, Fla. — Waramaug Hospitality acquired the Castle Hotel, Autograph Collection, located in Orlando, Florida.
The 214-room lifestyle getaway property, part of the Autograph...
Survey: Lodging Leaders on the Impact of COVID-19 on Hotel Investment
DENVER — Members of the Lodging Industry Investment Council (LIIC), a hotel industry think tank, completed a flash survey on March 15, 2020, to...
Indigo Road Adds The Savvy in Savannah, Georgia to Portfolio
CHARLESTON, S.C. — The Indigo Road Hospitality Group has added The Savvy in Savannah, Ga. to its growing portfolio of lifestyle hotels. The hotel...
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Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
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