Tag: November
Summit Hotel Properties to Acquire NewcrestImage Portfolio
AUSTIN, Texas—Summit Hotel Properties, Inc. announced that it has entered into a definitive contribution and purchase agreement to acquire a 27-hotel portfolio totaling 3,709...
IHG Hotels & Resorts Opens 45th avid hotel Macon North
One of IHG Hotels & Resorts’ (IHG) newest and growing brands, avid hotels, recently announced its 45th new hotel in Macon, Georgia—the latest in...
STR: U.S. Hotel Performance Dropped Week Over Week
HENDERSONVILLE, Tennessee—As anticipated ahead of Halloween, U.S. hotel performance fell week over week, according to STR‘s latest data through October 30, 2021.
U.S. Hotel Performance
October...
Water Features and Landscaping Can Add Value to Hotels
As the pandemic-induced travel lull abates and hotel occupancy increases, hospitality owners and operators are looking ahead to the sector’s next potential big challenge:...
Lodging Econometrics: Canada’s Hotel Construction Pipeline Updates
PORTSMOUTH, New Hampshire—Analysts at Lodging Econometrics (LE) report that, in the third quarter of 2021, Canada’s hotel construction pipeline stands at 257 projects/34,167 rooms....