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...
AHLA: Business Travel Revenue Projected to be Down $59 Billion by 2022
WASHINGTON—The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019, according to a new...
Sixty-Nine Percent of U.S. Travelers Are Planning to Take Fewer Trips
WASHINGTON—U.S. leisure travelers are paring back travel plans amid rising COVID-19 cases, with 69 percent planning to take fewer trips, 55 percent planning to...
Industry Establishes Arne Sorenson Social Impact Leadership Award
LOS ANGELES—The American Hotel & Lodging Association (AHLA), The American Hotel & Lodging Foundation, and The BHN Group announced a new award to recognize...
21 Out of 25 Top U.S. Markets Remain in Depression or Recession
Despite an uptick in leisure travel, a new report released by the American Hotel & Lodging Association (AHLA) shows that the road to recovery...
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Wyndham Hotels & Resorts Reports Q1 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
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