HotStats: U.S. Hotel Performance Hit a New Low in April
LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell...
HVMG to Manage Upcoming Residence Inn by Marriott Waco/South
WACO, Texas — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership, and management company, recently announced it was awarded management of...
HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...
LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
AHLA Applauds Introduction of Bipartisan Per Diem Bill in House
WASHINGTON, D.C. — On Tuesday, the American Hotel & Lodging Association (AHLA) expressed support for H.R. 6995, bipartisan legislation introduced by Florida Representatives Bill...
Montage and One Medical to Provide Digital Health Services to Guests and Employees
SAN FRANCISCO — One Medical, a digital health and primary care organization, and Montage International are partnering to provide 24/7 virtual care services to...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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