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M&A

AHLA: Nearly Two-Thirds of Hotels Report Staffing Shortages

WASHINGTON—Hotels’ efforts including higher pay and a broadening range of benefits have improved staffing levels over the past year, but nearly two-thirds (65 percent)...

Concord Hospitality Celebrates 40th Anniversary

RALEIGH, North Carolina—Concord Hospitality celebrated its 40th anniversary, commemorating four decades of contributions to the hospitality industry. Since its inception in 1985 in Ohio,...
Hotel guest arriving in guestroom.

JLL Report Shows Growth for Select-Service and Extended-Stay Segments

CHICAGO—JLL's Hotels & Hospitality Group released its U.S. Select-Service and Extended-Stay Hotel Outlook 2025 report, providing an assessment of recent market trends and evaluating...
california wildfires

Hilton Donates 20,000 Hotel Room Nights to Support People Impacted by Wildfires

With its ties to the Los Angeles community—encompassing 70 years of history, including 40 years as the company’s headquarters—Hilton partnered with American Express to...
ruby

IHG Acquires 20th Brand, Ruby, to Further Global Expansion

InterContinental Hotels Group PLC (IHG) acquired the Ruby brand and related intellectual property for an initial purchase consideration of €110.5 million (~$116 million) from...