With multiple reports that travel this summer will exceed that of previous years by more than 30 percent, it is important to reconsider your hotel’s room type configuration. As a matter of affordability, organized tour groups, as well as families that travel for leisure or school or youth-related events, often seek out accommodations that offer more than one bed per guestroom. Hotels whose room mix is dominated by single king-bedded rooms and that typically market
Embassy Suites by Hilton Hampton Convention Center Completes Renovation
Category: Design, Renovations
HAMPTON, Virginia & ALPHARETTA, Georgia—The Embassy Suites by Hilton Hampton Convention Center in Virginia completed a six-month makeover. With newly renovated guest suites, the 295-key hotel is operated by Atrium Hospitality, which manages a portfolio of more than 80 hotels in 28 states. The Embassy Suites by Hilton Hampton’s redesigned guest suites and bathrooms—including two presidential suites—have new furniture and fixtures in a style complemented by textile coverings and wall art in neutral colors of
Knowland: Los Angeles Led Meetings and Events Volume in July
Category: Featured, Meetings & Events, Operations
ARLINGTON, Virginia—Knowland reports Los Angeles-Long Beach moved up to the lead spot in the United States over Chicago for July 2023 meetings and events volume. This is the first time this year that the Los Angeles market took the lead in event volume. Overall U.S. meeting and event volume for July 2023 was up 22.1 percent over July 2022. With an increase in event volume of 67 percent for this month, Los Angeles trends are
CoStar: U.S. Hotel Performance Continues Declining Week Over Week
Category: Finance, Finance & Development, Market Reports
WASHINGTON—U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data through August 12, 2023. U.S. Hotel Performance August 6-12, 2023 Percentage change from comparable week in 2022:Occupancy: 68.3 percent (flat)ADR: $156.47 (up 2.0 percent)RevPAR: $106.89 (up 2.0 percent) Among the Top 25 Markets, Los Angeles saw the largest year-over-year growth in each of the key performance metrics: occupancy (up 13.5 percent to 82.6 percent),
August marks a year since Todd Turner took over the reins as CEO of Spartanburg, South Carolina-based OTO Development following the untimely passing of longtime CEO Corry Oakes. Turner—who cofounded the company alongside Oakes in 2004 and previously oversaw OTO’s real estate division—recently spoke with LODGING in an exclusive interview to provide an update on the owner/operator as well as how he has adapted to his new role. The following Q&A represents a portion of
