Tag: February 2025
DiamondRock Hospitality Completes Sale of Westin Washington, D.C. City Center
BETHESDA, Maryland—DiamondRock Hospitality Company announced that on Feb. 19, 2025, it completed the sale of the 410-room Westin Washington, D.C. City Center for a...
AHLA: Nearly Two-Thirds of Hotels Report Staffing Shortages
WASHINGTON—Hotels’ efforts including higher pay and a broadening range of benefits have improved staffing levels over the past year, but nearly two-thirds (65 percent)...
CBRE Forecast Shows RevPAR to Increase in 2025
DALLAS, Texas—CBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved...
Concord Hospitality Celebrates 40th Anniversary
RALEIGH, North Carolina—Concord Hospitality celebrated its 40th anniversary, commemorating four decades of contributions to the hospitality industry. Since its inception in 1985 in Ohio,...
JLL Report Shows Growth for Select-Service and Extended-Stay Segments
CHICAGO—JLL's Hotels & Hospitality Group released its U.S. Select-Service and Extended-Stay Hotel Outlook 2025 report, providing an assessment of recent market trends and evaluating...