Tag: November
Roadmap to Recovery: Helping Hotels Access Millions in Relief Funds
In March, President Joe Biden signed into law the American Rescue Plan (ARP), a $1.9 trillion economic stimulus bill designed to speed the nation’s...
Charlestowne Hotels Announces Management of Four Boutique Hotels in Chicago
CHARLESTON, South Carolina—Hospitality management company Charlestowne Hotels announces a formal agreement with Avantgarde Hospitality and Reliance Capital Partners to oversee management of its four...
Sales Spend: Shifts in Marketing Department Expenditures Reveal Changes in Tactics
According to the 2021 edition of CBRE’s Trends in the Hotel Industry report, total operating revenue for the average hotel in the sample declined...
Sonesta Adds Royal Sonesta Minneapolis Downtown to its Portfolio
Sonesta International Hotels Corporation (Sonesta), a fast-growing hotel company in the United States, opened the brand's latest property in Minnesota: the Royal Sonesta Minneapolis...
Baird/STR Hotel Stock Index Increased in October 2021
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 6.8 percent in October to a level of 5,520. Year to date through the first...