Tag: December 2022
Banyan Investment Group Completes Sale of Holiday Inn Express Bluffton @ Hilton Head Area
BLUFFTON, South Carolina—Banyan Investment Group (BIG) announced the completed sale of the 112-room Holiday Inn Express & Suites Bluffton @ Hilton Head Area in...
STR: Overall U.S. Weekly Hotel Performance Strengthens
HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week but showed weakened comparisons to 2019, according to STR's latest data through December...
Financing in an ‘Unfinanceable World’
Throughout the first three quarters of 2022, the capital markets, in general, have deteriorated, and the market for hospitality financing has cratered. While this...
Hyatt Survey Finds Holiday Season Travelers Prioritize Connecting With Loved Ones
CHICAGO—Travelers are prioritizing experiences and connections this holiday season with rooms revenue pacing 30 percent ahead of 2019 for resort locations worldwide, according to...
Knowland: U.S. Monthly Meetings Exceed Pre-Pandemic Levels for First Time
ARLINGTON, Virginia—Knowland released its U.S. monthly meetings and events data for November, reporting that November 2022 achieved 103.1 percent of November 2019 volume, passing...