BETHESDA, Maryland—Stayntouch announced a partnership with Skipper. Stayntouch’s cloud PMS integrated with Skipper to facilitate higher-margin conversions through digital wallets and embedded shopping on the hotel’s website. Stayntouch PMS transforms hotel operations and service standards for independent properties and hotel chains. With automation, multi-property management tools, and a user-friendly interface, Stayntouch lets staff operate and give time to guest interactions. Skipper complements these capabilities by integrating a configurable booking engine that optimizes conversions, cross-selling, and
U.S. Hotel Performance Lowered in January 2024
Category: Finance, Finance & Development, Market Reports
WASHINGTON—The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar. January 2024 Percentage change from January 2023: Occupancy: 51.9 percent (down 1.7 percent)ADR: $146.33 (up 2.7 percent)RevPAR: $75.99 (up 0.9 percent) Among the Top 25 Markets, Oahu Island experienced the highest occupancy level (79.0 percent), which was up 6.2 percent year over year. Markets with the lowest occupancy for the month included Minneapolis (40.7 percent) and St.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its fourth quarter and full-year 2023 results. Highlights include: Total revenues grew 10 percent to $1.5 billion for full-year 2023 compared to the same period of 2022. Net income was $258.5 million for full-year 2023, representing diluted earnings per share (EPS) of $5.07. As a result of one-time items, including Radisson Hotels Americas integration costs, due diligence, and transaction pursuit costs in 2023; gains from the sale of
This Week’s Comings & Goings
Category: Comings & Goings, People
Aptech recently appointed Jill Wilder as company president. Wilder previously served as vice president, and in this role, she will take the helm of the company and aims to tap new technology opportunities. MacArthur Place Hotel & Spa announced the appointment of Justin Wilson as its new general manager. Wilson will oversee operations and team culture, branding and strategy, and community engagement. Cameron House appointed Michael Lavizani as resort director. In this position, he will
WICHITA FALLS, Texas—Best Western Hotels & Resorts announced the opening of the Best Western North Side Inn located in Wichita Falls, Texas. The hotel is owned by Nitin Chanana and has 94 guestrooms. The property recently underwent a renovation and offers updated amenities throughout the guestrooms and common areas. The new look follows a classic Best Western motif with greys, mauves, and eggshell shades throughout the building, and a Scandinavian meets mid-century modern aesthetic. Each
