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september 2022

STR: U.S. Hotel Performance Dips From Previous Week

HENDERSONVILLE, Tennessee—U.S. hotel performance dipped from the previous week but continued to improve in comparison with 2019, according to STR's latest data through September...

Residence Inn by Marriott Begins Construction in Panama City Beach

PANAMA CITY BEACH, Florida—The St. Joe Company and InterMountain Management, LLC announced the commencement of construction on a new hotel in Panama City Beach,...

NewcrestImage Reaches Agreement to Purchase 45 Hotels

NewcrestImage has reached a definitive agreement to purchase 45 hotels from a private investment firm. The terms of the transaction were not disclosed. The portfolio...
Comings & goings

This Week’s Comings & Goings

Duetto announced the appointment of Jeff Nicholson to the role of chief marketing officer. Nicholson brings to the role more than 20 years of...
new extended-stay brand

Wyndham Hotels & Resorts Marks First Groundbreaking for New Extended-Stay Brand

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts celebrated the first groundbreaking of its new extended-stay brand, in Plano, Texas. The all new-construction brand, operating under...
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