STR Adjusts U.S. Hotel Occupancy and RevPAR Forecast
STR and Tourism Economics have lowered growth expectations for 2023 and 2024 in their U.S. hotel forecast amid a “period… Read More »
Sonder Embraces Hotel Initiative in Response to Q2 Rate Decreases
Short-term accommodation provider Sonder’s second-quarter revenue per available room and average daily rate decreased year over year, while occupancy remained… Read More »
Karisma Hotels & Resorts Introduces “Beat the Heat” Sale for Vacationers
Karisma Hotels & Resorts’ Beat the Heat Sale is offering up to 65 percent off stays across the Caribbean when… Read More »
IHG Hotels & Resorts CEO Unveils Strategy for Upcoming Midscale Brand Launch
IHG Hotels & Resorts announced during a second-quarter earnings call that the company plans to launch a new midscale conversion… Read More »
Choice Hotels Sets Sights on International Growth Following Q2 Rate Increase
Choice Hotels International reported lean rate increases amid a dip in occupancy in the second quarter, while the company looked… Read More »
Growth in U.S. Hotel Q2 Pipeline as Marriott Maintains Top Position
The U.S. hotel pipeline in the second quarter increased 7 percent year over year, with 5,572 projects in the development… Read More »
Karisma Hotels & Resorts Becomes Industry’s First to Offer Autism Concierges
Karisma Hotels & Resorts has just proudly announced that it’s introducing the industry’s first-ever dedicated Autism Concierge at its various… Read More »
New York-New York Hotel & Casino’s Room Redesign Wrapping Up This Summer
A longtime institution on the iconic Las Vegas Strip, New York-New York Hotel & Casino last year launched a $63-million… Read More »