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May 2023

STR: U.S. Weekly Hotel Performance Shows Mixed Year-Over-Year Comparisons

HENDERSONVILLE, Tennessee—U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR's latest data through May 13, 2023. U.S. Hotel Performance May 7-13, 2023 Percentage change from...

CBRE Raises Hotel Performance Forecast to Reflect Demand and Supply Growth

DALLAS—CBRE is again raising its forecast for hotel performance this year, as stronger-than-expected demand and more modest supply growth drive occupancy gains. CBRE has revised...
Hershey

Shaner Hotels Announces Acquisition of Hampton Inn & Suites by Hilton Hershey

HERSHEY, Pennsylvania—Shaner Hotels announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pennsylvania. Shaner also will operate the property...

Developmental Progress: Concord Hospitality’s Mark Laport on the Building Blocks of Growth

President and CEO Mark Laport founded Concord Hospitality Enterprises Company in 1985 as both a hotel management and development firm. He recently shared with...

Amadeus and Canary Technologies Form Partnership

Amadeus has partnered with Canary Technologies to help hospitality customers improve e-signature and payment processes. Hoteliers are now able to use electronic signature and...
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