Lodging Daily News

WASHINGTON—Improvement in group demand across the Top 25 Markets drove U.S. hotel revenue and profit growth, according to October P&L data from CoStar. October 2023 Per-available-room metrics Percent change from October 2022GOPPAR: $97.45 (up 3.7 percent)TRevPAR: $240.74 (up 4.0 percent)EBITDA PAR: $69.60 (down 1.2 percent)LPAR (Labor Costs): $74.48 (up 5.9 percent) The industry saw its largest year-over-year increases in GOPPAR and TRevPAR since March 2023. “The Top 25 Markets have showed an 11 percent jump

Timbers Company appointed Darrin Griffin as chief development officer. In his new role, Griffin is responsible for identifying opportunities aligned with the brand’s expansion goals and overseeing the company’s current expansion. Nobu Hotel Atlanta appointed Terry Buchholz as general manager. With over 25 years of experience in the hospitality industry, Buchholz will oversee the property’s daily operations, sales and marketing, and more. Waldorf Astoria Beverly Hills promoted Maykel Escalona to hotel manager, marking his second

SAN FRANCISCO, California—Uplift announced a partnership with Unique Travel Corp. (UTC), the worldwide representative of Sandals Resorts and Beaches Resorts, to provide their all-inclusive guests with the ability to spread out the cost of their booking over time. This new payment option allows guests to reserve an all-inclusive vacation and then pay for their trip in installments. Guests may access Uplift payment options via the Sandals and Beaches websites or their call center if they

WASHINGTON—American Hotel & Lodging Association President and CEO Chip Rogers released a statement after the Los Angeles City Council voted to withdraw from the March 2024 ballot a union-backed measure that would have required all hotels in the city to house people experiencing homelessness next to guests. The ballot measure was proposed by Unite Here Local 11, a union representing Los Angeles hospitality workers. Unite Here agreed to remove the ballot measure under pressure from

BETHESDA, Maryland—One year after announcing its intention to expand its presence into premium and luxury apartment-style accommodations, Marriott International, Inc. shared the location of its first Apartments by Marriott Bonvoy property. Casa Costera, Isla Verde, Apartments by Marriott Bonvoy in San Juan, Puerto Rico is expected to open its doors in the coming weeks. Located in the Isla Verde neighborhood of San Juan, the 107-unit property has a rooftop pool and is near the beach.