government update

A United Front: Hospitality Industry Leaders Weigh in on Advocacy at NYU 2021

On the second day of the 43rd annual NYU International Hospitality Industry Investment Conference at the New York Marriott Marquis in Manhattan, New York,...
Hotel Forecast Toolkit

STR, TE Update Forecast: U.S. Hotel Demand and ADR Will Near Full Recovery in...

NEW YORK — U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according...
M&A

CorePoint Lodging To Be Acquired by Joint Venture Between Affiliates of Highgate and Cerberus...

Irving, Texas — CorePoint Lodging Inc., a pure-play select-service hotel owner strategically focused on the midscale and upper-midscale segments, announced that it has entered...
Airport — air travel

Nearly 60 Percent of Americans Unlikely to Travel for Thanksgiving or Christmas

WASHINGTON, D.C. — While rising vaccination rates against COVID-19 have increased travelers’ comfort levels, most Americans are still opting to stay home this holiday...
merger

PM Hotel Group Announces Upcoming Merger with Paramount

Chevy Chase, Md. — PM Hotel Group today announced its merger with Paramount Management Associates. The combined company will manage a portfolio of 70...
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mattresses

An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement

A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
revenue management

Accor Releases Q1 2024 Results

The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta

Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation

STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia. The 110-room property...
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