Lodging Daily News

As one of the largest renovations to be completed in the Phoenix-metro area this year, The Scottsdale Resort & Spa, a Curio Collection Resort by Hilton emerges as a full-service luxury retreat, captivating both global travelers and Valley locals, with the completion of a $40 million renovation encompassing all guestrooms and public spaces, including Luna Spa and the introduction of four new distinct dining destinations. Marking the largest renovation in the property’s 50-year history, The Scottsdale Resort’s new residential-style

The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of hoteliers to own their own businesses and achieve the American Dream. That dream has been under attack by government agencies intent on undermining small-business ownership by changing the legal definition of “employer.” The National Labor Relations Board (NLRB) enacted a new rule to intentionally conflate liability for franchisees and franchisors to

DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million ($95,300 per key). The sale price represented a 6.0 percent capitalization rate on trailing 12-month net operating income through March 2024. All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. The company also announced the transfer of the company’s

The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines were led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. Next is Atlanta, with an all-time high of 153 projects with 17,929 rooms, then Nashville with 127 projects/16,199 rooms. Phoenix follows with 123 projects/16,198 rooms, and the

ATLANTA—Valor Hospitality Partners expanded its North American portfolio through a recent management acquisition with DoubleTree Suites by Hilton Hotel Huntsville South in Huntsville, Alabama. With hotel management experience in the southeastern region of the United States, Valor will implement strategies and operations aimed at driving revenue growth and guest satisfaction in this new location. The move marks Valor’s continued commitment to expanding its footprint in the southeast with a total of five properties in the