Tag: 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...
Holiday Inn Express Breaks Ground in Downtown Washington, D.C.
IHG has announced the groundbreaking of a new-build Holiday Inn Express hotel in downtown Washington, D.C. Scheduled to open in Q4 2020, the 247-room...