CBRE: U.S. Hotel Industry to Begin Multiyear Recovery in Q3
LOS ANGELES – After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the...
ALIS Reschedules In-Person Event for April 2021
COSTA MESA, Calif. — Northstar Travel Group and The BHN Group today announced the 20th edition of ALIS will be held April 19-21, 2021...
North America Sees Slight Improvement in New Bookings
The latest edition of Duetto’s Pulse Report, which assessed hotel metrics from July 27 to August 9, is showing a slight improvement in North...
Omni Explores Sale of Five Hotels as Part of Reinvestment Strategy
DALLAS, Texas — Omni Hotels & Resorts this week announced its strategic plan to enhance and continue its growth and brand offerings in resort...
Aimbridge Grows Portfolio by More Than 40 Properties
DALLAS — Aimbridge Hospitality, a third-party hotel management company with more than 1,400 branded and independent properties across 49 states and 20 countries, is...
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This Week’s Comings and Goings
Holiday Inn Club Vacations Incorporated has promoted John Staten to president and chief operating officer. In March 2019, Staten joined the company as chief...
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...
STR: August Hotel Performance Slightly Improved Over July’s
HENDERSONVILLE, Tenn.—In August 2020, the U.S. hotel industry showed slightly higher performance from the month prior, but at overall low levels, according to data...
