Tag: January 2023
JLL’s Hotels & Hospitality Group Closes Sale of Three Hotel Portfolio
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of a portfolio of three recently renovated independent hotels totaling 169 keys...
AHLA Foundation Announces 2023 Board of Trustees
WASHINGTON—The AHLA Foundation announced its newly elected 2023 Board of Trustees, which includes senior leaders from across the hotel industry. Tom Bardenett, chief operating...
Tru by Hilton Opens First Property in Mexico
MCLEAN, Virginia—Tru by Hilton announced the opening of its first property in Mexico and its second in the Caribbean and Latin America. Tru by...
Peachtree Hospitality Management Forms Partnership With HOS Management
ATLANTA—Peachtree Hospitality Management (PHM) has formed a long-term partnership with Savannah-based HOS Management (HOS) to operate nine of its hotels with the potential for...
AHLA: Hotel Industry Projected to Surpass Pre-Pandemic Levels in 2023
WASHINGTON—The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue, and state and local tax revenue, while inching...