Marriott International to Acquire 31st Brand: City Express
Marriott International announced that it has reached an agreement with Hoteles City Express, S.A.B. de C.V. to acquire the City Express brand portfolio, marking...
HAMA Releases Fall 2022 Industry Outlook Survey Results
CHICAGO—The Hospitality Asset Managers Association (HAMA) released the results of its Fall 2022 Industry Outlook Survey. The semi-annual report collected the opinions, experiences, and...
Aimbridge Hospitality Bolsters Portfolio With Five Extended-Stay Hotels
PLANO, Texas—Aimbridge Hospitality announced the expansion of its portfolio and growth of its Select Service Division with the addition of five extended-stay hotels recently...
U.S. Travel Association Releases Latest Business Travel Tracker
WASHINGTON—The latest Business Travel Tracker from the U.S. Travel Association found U.S. companies paring back pandemic-era restrictions on business travel amid developing challenges in...
AHLA: U.S. Hotel Leisure Travel Revenue to End 2022 14 Percent Above 2019
WASHINGTON—U.S. hotel leisure travel revenue is projected to end 2022 14 percent above 2019 levels, while hotel business travel revenue is expected to come...