Marcus Hotels & Resorts Forms a Joint Venture With Searchlight Capital Partners
MILWAUKEE—Marcus Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation, has formed a joint venture with funds...
U.S. Travel Association and Tourism Diversity Matters Form Partnership
WASHINGTON—The U.S. Travel Association and Tourism Diversity Matters announce a new strategic partnership that will strengthen the association’s focus and support of the industry...
Four Insights on Traveler Behavior Trends for 2022
As positive COVID case numbers wax and wane, variants evolve and change, and health-conscious fears subside and rise, traveler behaviors are constantly shifting, and...
CBRE Forecasts RevPAR to Recover by Mid-2023
DALLAS—According to CBRE, ADR gains and a 35.1 percent year-over-year increase in hotel occupancy in Q3 2021 showed that demand for U.S. hotel stays...
AHLA and HAMA Form a New Strategic Partnership
WASHINGTON—The American Hotel & Lodging Association (AHLA) and the Hospitality Asset Managers Association (HAMA) announced a new strategic relationship, effective January 1, 2022, with...
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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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