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Tag: February 2024

U.S. hotel performance

CoStar: U.S. Hotel Performance Shows Slight Decrease From Previous Week

WASHINGTON—U.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Feb. 3, 2024. U.S. Hotel...

Davidson Hospitality Unveils New Initiatives, Partnerships for DE&I Council

Looking to build on a longstanding commitment to diversity, equity, and inclusion, Davidson Hospitality Group has unveiled some new initiatives and partnerships designed to...
16-hotel portfolio

MCR Refinances 16-Hotel Portfolio

NEW YORK—MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the...

Auditing PTO Policies: Ensuring Compliance Amid State Variations

As the dynamics of workforce management evolve, the landscape of managing paid time off (PTO) and various leaves is undergoing a significant transformation. The...
Houston

Sonesta Essential Houston Hobby Airport Opens

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Houston Hobby Airport. Situated in Houston, Texas, the 131-room upper-midscale hotel is located...
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