Tag: May
CoStar Reports Steady U.S. Hotel Industry Performance Results in May
ARLINGTON, Virginia—U.S. hotel performance remained mostly steady year over year, according to May 2025 data from CoStar.
U.S. Hotel PerformanceMay 2025Percentage change from May 2024Occupancy: 65.3...
JLL Arranges Refinancing for the Fairmont Orchid
NEW YORK CITY, New York—JLL’s Hotels & Hospitality Group announced that it has arranged a $136 million refinancing for the Fairmont Orchid, a 540-key luxury...
The Trail Hotel Officially Opens in Bardstown, Kentucky
BARDSTOWN, Kentucky—The Trail Hotel, the world’s first bourbon-infused luxury hotel, is now welcoming guests in Bardstown, Kentucky. The 95-room hotel invites guests to experience Kentucky’s...
IHG’s Conversion-Friendly Brands Fuel Growth
ATLANTA, Georgia—IHG Hotels & Resorts (IHG) has seen a steady increase in conversion activity in recent years, with its total global conversion signings nearly doubling...
Hyatt Announces Unscripted by Hyatt, a New Upscale Collection Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced Unscripted by Hyatt, the newest brand in its growing Essentials portfolio. Unscripted by Hyatt hotels will bring to life...