Tag: November 2022
Maverick Hotels and Restaurants Adds Two Illinois-based Hotels to Portfolio
CHICAGO—Maverick Hotels and Restaurants announced that it continues to expand its portfolio with the addition of two hotels in the metropolitan Chicago market. Robert...
STR: U.S. Weekly Hotel Performance Lowers Yet Shows Improvements Over 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week and showed improved occupancy and revenue per available room (RevPAR) comparisons to 2019,...
JLL’s Hotels & Hospitality Group Closes Sale of Six Hyatt Place Hotels
ATLANTA—JLL's Hotels & Hospitality Group announced that it has closed the $55 million sale of six Hyatt Place branded select-service hotels totaling 754 keys...
Arrivalist: 51 Million U.S. Travelers Will Use an Automobile During the Thanksgiving Holiday Weekend
NEW YORK CITY—Location data company Arrivalist estimates 51 million U.S. travelers will use an automobile during the Thanksgiving holiday (Wednesday through Sunday). Volume is...
Expedia Group Reports 2023 Trends Across the Broader Travel Industry
SEATTLE—Expedia Group unveiled a comprehensive view of trends across the broader travel industry in 2023. Sourced from the company’s first-party data and from custom research...