Tag: January 2024
Marriott Breaks Ground on Inaugural StudioRes Hotel
BETHESDA, Maryland—Marriott International, Inc. celebrated the groundbreaking of its inaugural StudioRes hotel, as Concord Hospitality began construction of its first property in Fort Myers,...
U.S. Travel Predicts International Inbound and Domestic Business Travel to Remain Low
WASHINGTON—The U.S. Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic...
CoStar: U.S. Hotel Performance Reached Highest ADR and RevPAR on Record in 2023
WASHINGTON—The U.S. hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from...
In Good Company Partners With Hotel Equities on Pilot Program
ATLANTA, Georgia—In Good Company announced it has entered into a new partnership with Hotel Equities to focus on a pilot program in Georgia involving...
This Week’s Comings & Goings
Valencia Hotel Collection announced the promotion of Roy Kretschmer to the position of chief operating officer – Valencia Hotel Group. Kretschmer was previously executive...
