Lodging Daily News

ARLINGTON, Virginia—Knowland and Amadeus present the metrics from the companies’ Hospitality Group and Business Performance Index for the second quarter of this year. The Index, which combines event data from Knowland with hotel booking data from Amadeus to give both individual and aggregate views of the key drivers of hotel performance, was first launched in June and is updated on a quarterly basis. With its Q2 2023 data release, the Index includes data for the
13 hotels
NEWTON, Massachusetts—Sonesta announced that it added 13 hotels to the company’s global portfolio during the first six months of 2023. The new hotels, with a total of more than 1,000 rooms, include (in order of opening): Sonesta Nouba—Aswan Egypt Americas Best Value Inn Laurel—Laurel, Maryland, United States Grand Z Hotel Casino by Red Lion Hotels—Central City, Colorado, United States Signature Inn Houston—Houston, Texas, United States Americas Best Value Inn Carlisle—Carlisle, Pennsylvania, United States Red Lion
acquisitions
BOISE, Idaho—Braintree Group announced the acquisition of three properties, adding 330 rooms to its growing hospitality portfolio. Resolute Road Hospitality will manage all three assets. The properties include the Courtyard by Marriott Lehi at Thanksgiving Point and the SpringHill Suites by Marriott Lehi at Thanksgiving Point, both in Lehi, Utah, and the Hilton Garden Inn Las Vegas/Henderson, in Henderson, Nevada. “These three properties fit well into our investment criteria and are well positioned in their

Marriott International Reports Q2 2023 Results

Posted by LODGING Staff on  August 1, 2023
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Marriott International, Inc. reported second-quarter 2023 results. Highlights include: Second quarter 2023 comparable systemwide constant dollar RevPAR increased 13.5 percent worldwide, 6.0 percent in the United States and Canada, and 39.1 percent in international markets, compared to the 2022 second quarter; Second quarter reported diluted EPS totaled $2.38, compared to reported diluted EPS of $2.06 in the year-ago quarter. Second quarter adjusted diluted EPS totaled $2.26, compared to second quarter 2022 adjusted diluted EPS of

Data-Driven Partnership: Knowland and Amadeus Provide Respective Insights to Benefit Hotel Industry

Posted by Ellen Meyer on  July 31, 2023
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At the recent HITEC 2023 conference in Toronto, executives from Knowland and Amadeus spoke to LODGING about the partnership their two companies formed to deliver new data insights that will allow the industry to understand key trends, measure performance, and plan for the future. Noting that meetings and events now are “back with a vengeance,” Patricia Shea, Knowland’s senior vice president, sales & customer success, and Katie Moro, Amadeus’ vice president of data partnerships, separately described how