GOPPAR July Chart

U.S. GOPPAR Gains in July Illustrate Resiliency of Market

Hotels in the U.S. achieved their sixth month of YOY profit growth for 2019, underpinned by a strong increase in revenue across the board,...

First Hotel by Sandestin Investments Opening in 2020

MIRAMAR BEACH, FL– Sandestin Investments, LLC is launching its family-owned hotel, set to debut in early summer of 2020. Hotel Effie Sandestin is now...

Banyan Investment Group Acquires Illinois Fairfield Inn & Suites

PEORIA, Ill. — Banyan Investment Group, an Inc. 5000 recognized hotel investment and management company that acquires and manages select-service hotels in the United States,...

Hotel Horizons – 2020 Performance Decelerates, But 2021 Improves

ATLANTA – According to the September 2019 edition of Hotel Horizons, CBRE’s forecasts for RevPAR changes in 2019 and 2020 have been adjusted slightly downward,...

Procaccianti Companies Acquires Two San Francisco Bay Lifestyle Hotels

Providence, RI - Procaccianti Companies has acquired two landmark Northern California hotels: The Lodge at Tiburon and Toll House Hotel located in Los Gatos....
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utility costs

Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...

Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...

The Bentley Hotel Southampton to Join JdV by Hyatt Brand

CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
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Gale Miami Hotel and Residences Partners With Stayntouch

BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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