Tag: Washington D.C.
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.,...
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...
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...
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...
