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Chicago hotel market

Experiential Hospitality Brand Selina Is Expanding to Five New Markets

NEW YORK — Selina, the experiential hospitality brand targeting Millennial and Gen Z travelers, plans to open five new properties in Chicago, Washington D.C.,...
Banneker Hotel guestroom

The Banneker Hotel to Open in D.C. in Early 2021

WASHINGTON, D.C. — Kemmons Wilson Hospitality Partners recently announced plans to open the 144-room Kimpton Banneker Hotel in the heart of Washington, D.C. in...
Downtown, Washington DC is empty during the COVID-16 global pandemic.

HotStats: U.S. Hotel Performance Hit a New Low in April

LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell...
occupancy Decline, slowdown, september 2019, october 2019, GOPPAR

U.S. Hotel GOPPAR Turns Downward in October

U.S. Hotels  Profit & Loss Performance Indicators October 2019 vs. October 2018 RevPAR: -2.1% to $190.93 TRevPAR: -0.9% to $300.54 Payroll: +2.3% to $98.64 GOPPAR: -2.8% to $126.97 Two consecutive months...

Hodges Ward Elliott Expands Hotel Group With Ten New Additions Nationwide

New York - Hodges Ward Elliott (HWE), an independent hotel brokerage and investment-banking firm with offices in New York, Atlanta, Los Angeles and London, announced the strategic hiring of...
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