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CoStar: U.S. Hotel Room Construction Reaches Highest Level Since February 2023

WASHINGTON—The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar's latest June 2024 data. U.S. Hotel PipelineJune...

Ahead of the Curve: Duetto’s New Partnership and New Product

Last month, GrowthCurve Capital acquired Duetto, a leading provider of revenue management software for the hospitality industry, from affiliates of Warburg Pincus and other...
Comings & goings

This Week’s Comings & Goings

McKibbon Hospitality promoted Stacy Royalty to regional vice president of operations, responsible for supporting a portfolio of hotels with operational strategy, budget planning, leadership...

IHG Hotels & Resorts Launches Low Carbon Pioneers Program

LONDON—IHG Hotels & Resorts announced the launch of its Low Carbon Pioneers program, which brings together energy-efficient hotels that have no fossil fuels combusted...

Raines Adds Sea Palms Resort to Management Portfolio

FLORENCE, South Carolina—Raines welcomed the Sea Palms Resort in St. Simons Island, Georgia, to its management portfolio. This addition, owned by RREAF Holdings, is...
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