Tag: April
Preferred Hotels & Resorts Adds 11 New Member Properties
NEW YORK—Preferred Hotels & Resorts announced that 11 new member properties have joined its global portfolio between January 1 and March 31, 2022. Ranging...
U.S. Travel: Most Business Travelers Plan to Attend a Work Trip in the Next...
WASHINGTON—Findings from a new survey revealed that 84 percent of business travelers expect to take at least one trip to attend conferences, conventions, or...
Quirk Hotels Selects Retro Hospitality as Manager
RICHMOND, Virginia—Retro Hospitality has announced that it has been selected as the management company for Quirk Hotel Richmond and Quirk Hotel Charlottesville, starting April...
Procaccianti Companies Acquires The Chatham Wayside Inn
March 31, 2022—Procaccianti Companies announced the acquisition of The Chatham Wayside Inn, located in Cape Cod. The 56-room independent property will be managed by...
STR: U.S. Hotel Profitability Rises Following Omicron Variant Dip
HENDERSONVILLE, Tennessee—After falling to roughly $20.00 in January, gross operating profit for U.S. hotels reached nearly $59.00—the highest level in the metric since October...