Marriott to Revamp Courtyard Brand
Marriott International is giving its Courtyard brand in North America a facelift, the company announced Wednesday. More than 375 of… Read More »
Puerto Rico hotels gain buyer appeal from tourism rise
Surging tourism in Puerto Rico has stirred reports that some of the island’s premier hotels may change hands. Hedge fund… Read More »
Signs of Silicon Valley hotel life seen in transactions
Three recent sales totaling $117.3 million in value indicate that California’s Silicon Valley hotel investment market is weathering the pandemic…. Read More »
Gaming and Leisure Properties buys 3 casinos in $1.8B deal
Gaming and Leisure Properties is acquiring three casino properties in a sale-leaseback transaction with the Cordish Cos. in a deal… Read More »
Strengthening stock lifts Marriott into elite
Marriott International’s Relative Strength Rating in the stock market inched up Tuesday as medical officials downplayed concerns that the Omicron… Read More »
Host Hotels & Resorts sells 5-asset portfolio for $551M
Host Hotels & Resorts has sold a portfolio of five hotels to Lone Star Funds for $551 million. The portfolio… Read More »
Hyatt’s non-alcohol option scores hit, will expand
Hyatt Hotels Corp. is responding to growing consumer demand for alcohol-free beverages by expanding an initiative called Zero Proof, Zero… Read More »
Saudi official says Hilton eyes adding 60 hotels
Saudi Arabia’s tourism minister said Tuesday that Hilton Hotels & Resorts plans to expand its 15-hotel Saudi Arabia portfolio to… Read More »
Travelers Are Putting a Focus on High-Quality Service
IHG Hotels & Resorts’ new voco brand is dedicated to delivering what travelers most desire as people resume taking trips…. Read More »
Travel Agents Hear From Top Executives During AMR Collection’s Event
Travel advisors attending AMResorts’ Amazing Agent Celebration were privy to learning first-hand about the company’s expansion plans and the strategy… Read More »
Accor defies COVID-19 with Paris cabaret purchase
French catering firm Sodexo has sold the famed Le Lido cabaret on the Champs-Elysees in Paris to French hotel chain… Read More »
Xenia Hotels to exit Chicago market with hotel sale
Xenia Hotels & Resorts has reached a deal to sell the Kimpton Hotel Monaco Chicago in a $36 million deal… Read More »
Wynn Reports plans events venue in Everett, Mass.
Las Vegas-based Wynn Resorts has filed plans to begin construction of an 1,800-seat events venue in Everett, Mass., next year…. Read More »
Hotels implementing environmentally friendly policies
Environmental sensitivity is a growing priority for travelers, and a number of hotels have been ahead of the curve. Marriott… Read More »
Some hotels shrinking rooms, expanding public space
Hotels are beginning to reinvent themselves, setting aside more space for remote workers and corporate travelers. As a result, hotel… Read More »
Hotels maintain guest approval rate despite struggles
The hotel industry’s guest satisfaction level last summer roughly matched 2020 and 2019 scores despite labor shortages and supply issues,… Read More »
Hyatt Launches Alcohol-Free Beverage Program
With more travelers deciding to forgo their usual beer, cocktail or other alcoholic beverage, Hyatt has introduced its Zero Proof,… Read More »
Coronavirus spurs 5 Banyan Tree brand additions
Growing consumer interest in resort adaptation, wellness, sustainability and community engagement, largely sparked by the pandemic, has inspired the creation… Read More »
Lodging, leisure slump keys poor Nov. jobs report
Hospitality and leisure added only 23,000 jobs in November, compared to 170,000 in October, as US employment grew by less… Read More »
Pebblebrook Hotel Trust buys Calif. hotel for $108M
Pebblebrook Hotel Trust made a $108 million deal to buy the Estancia La Jolla Hotel & Spa. The San Diego-area… Read More »
As travel gains altitude, so does Hotel Engine’s value
A comeback for business travel is reflected in rising investment, with one of the latest beneficiaries being booking platform Hotel… Read More »
Reno, Nev., land sale may lead to project with lodging
Nevada-based Station Casinos has continued its real estate asset reduction by selling 88.7 acres in Reno for $32.6 million. The… Read More »
Work to begin soon on $3.3B London Resort in England
Pierre-Yves Gerbeau, CEO of London Resort Company Holdings, announced that the 535-acre London Resort theme park project in Kent, England,… Read More »
What variants? China hotel pipeline hits all-time high
Any fright potential in coronavirus variants appears to be lost on hotel developers, who raised China’s pipeline to a record… Read More »
Ring In the New Year at Margaritaville Resort Times Square
Margaritaville Resort Times Square announces its full lineup of New Year’s Eve programming that will transport guests to a vacation… Read More »
Ideal Resorts for Your Romantic Winter Getaway
As the demands of everyday life cause the days to slip by at a rapid pace, couples often find themselves… Read More »