Tag: October 2023
F&B Trends Since COVID: Changes in Service Have Influenced Hotel Financial Performance
The 2020 COVID-influenced lodging industry recession resulted in some noticeable changes to the way hotels provide food and beverage (F&B) service. Social distancing regulations...
The Ritz-Carlton, Dallas Completes Property-Wide Renovation
DALLAS—The Ritz-Carlton, Dallas announced the completion of a multi-million dollar renovation. Led by Texas-based design firm Rottet Studio, the hotel’s reimagination includes updates to...
Driftwood Capital Refinances the Scottsdale McCormick Ranch
MIAMI—Driftwood Capital refinanced the Scottsdale McCormick Ranch, a resort property located in Scottsdale, Arizona. MetLife Investment Management, the institutional asset management business of MetLife,...
CoStar: U.S. Hotel Performance Continues to Increase, Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, and year-over-year comparisons remained mixed, according to CoStar’s latest data through Oct. 14, 2023.
U.S. Hotel...
Minor Hotels Moves Properties to Oracle OPERA Hospitality Cloud
AUSTIN, Texas and BANGKOK, Thailand—Minor Hotels upgraded 100 of its properties to Oracle OPERA Hospitality Cloud. By moving to the cloud, the hotel owner,...
