Lodging Daily News

CHICAGO—First Hospitality assumed management of Hotel Indy in Indianapolis, Indiana. The property marks First Hospitality’s first hotel with owner group KennMar. Since opening in 2021, Hotel Indy has 90 keys; two restaurants, The Hulman and The Cannon Ball Lounge; and 1,200 square feet of meeting space. The Hulman is open daily and serves breakfast, lunch, and dinner. The Cannon Ball Lounge is the new rooftop bar and serves Indy-inspired cuisine, cocktails, and coffee. “The addition

WASHINGTON—The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure travelers to stay in hotels. According to a survey commissioned by the American Hotel & Lodging Association and conducted by Morning Consult, 68 percent of U.S. adults whose jobs involve travel said they were likely to travel overnight for business during the last three months of 2023, up

WASHINGTON—U.S. hotel performance increased from the previous week and showed positive year-over-year comparisons, according to CoStar’s latest data through Nov. 11, 2023. U.S. Hotel Performance November 5-11, 2023 Percentage change from comparable week in 2022Occupancy: 64.8 percent (up 0.8 percent)ADR: $156.01 (up 4.0 percent)RevPAR: $101.13 (up 4.9 percent) Among the Top 25 Markets, Denver saw the largest year-over-year occupancy lift (up 9.0 percent to 69.3 percent). Dallas reported the largest increases in ADR (up 12.6

PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced the renovation of the Renaissance Boca Raton hotel, located in Boca Raton, Florida. The property encompasses 15,000 square feet of conference and meeting spaces and began its exterior and interior property renovation last November. “We’ve taken a whole new approach with the design direction of this property to reflect the renaissance that we see happening in the neighborhood,” said Ben Perelmuter, president, TPG Hotels & Resorts. “The property

ATLANTA—Hotel Indigo is launching an offering in the United States and the United Kingdom where those who live in the same zip code, or postcode, as a Hotel Indigo can now “borrow” everyday necessities at no cost. The program, Borrowed by Hotel Indigo, which comes on the heels of the brand’s marketing campaign, The World’s Neighborhood Hotel, will aim to foster connection and build community. People no longer borrow from neighbors as much as they