Chains Versus Independents: The Segments Have Experienced Similar Recovery, But Different Supply Impacts
The booming industry recovery has touched chains and independent hotels alike, but the role of supply growth in that recovery has varied across the...
J.D. Power 2023 NAGSI Study Reports U.S. Hotel Occupancy Will Almost Reach Pre-Pandemic Level
TROY, Michigan—With average U.S. hotel occupancy on track to reach 63.8 percent in 2023, just shy of the pre-pandemic level of 65.9 percent, business...
AHLA: U.S. Adults More Likely to Stay in Hotels This Summer Than in 2022
WASHINGTON—This summer, most adults are more likely than they were in the summer of 2022 to stay in a hotel and take vacation trips,...
JLL: Investors Notice Rise in Luxury Hotel Supply
CHICAGO—The global luxury hospitality industry is undergoing a transformation as luxury hotels have risen in popularity in tandem with rising global wealth and consumers’...
Commercial Real Estate Lending Continued Slowing in Q1 2023
DALLAS—Stress in the banking system and financial market volatility continued to slow commercial real estate lending activity in the first quarter of 2023, according...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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