Tag: finance & development
The Owner’s Advantage: MCR Chairman and CEO Reveals the ‘Secret Sauce’ to Healthy Profit...
When it comes to hotel management, there is only one way to truly operate as an owner, according to Tyler Morse, chairman and CEO...
A Contemporary Design That Embraces Banking History
The recently opened Pennywell St. Louis Downtown, a Hilton Hotel, pays homage to its historic home: the former Merchants-Laclede National Bank. Opened in 1885,...
STR: Two U.S. Hotel Performance Metrics Reach Second-Highest Yearly Levels
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through April 22, 2023.
U.S. Hotel Performance
April 16-22, 2023
Percentage change from...
Choice Brings Cambria to Peach State With Savannah Opening
SAVANNAH, Georgia—The recent grand opening of the Cambria Hotel Savannah Downtown Historic District was a natural choice for the brand’s first foray into the...
Wyndham Hotels & Resorts Releases Q1 2023 Financial Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2023. The results include:
Global RevPAR grew 12 percent compared...