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...
Uniguest Acquires Voice-Based Engagement Software Volara
Uniguest, a provider of digital engagement technology to multiple end markets, announced the acquisition of Volara, a market leader in voice-based engagement software.
Already managing...
Hyatt Hotels Corporation Completes Acquisition of Apple Leisure Group
CHICAGO—Hyatt Hotels Corporation announced that it has completed the previously announced acquisition of Apple Leisure Group (ALG), a luxury resort-management services, travel, and hospitality...
Lodging Econometrics: Marriott Leads the U.S. Construction Pipeline
PORTSMOUTH, New Hampshire—According to the third quarter report by analysts at Lodging Econometrics (LE), the franchise companies leading the U.S. construction pipeline with the...
Lodging Econometrics: Dallas Led the U.S. Construction Pipeline in Q3 2021
PORTSMOUTH, New Hampshire—In the third quarter of 2021, analysts at Lodging Econometrics (LE) report that the top five markets with the largest total hotel...
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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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