Hotel construction pipeline poised for rebound
The US had nearly 5,000 hotels and more than 620,000 rooms in its first-quarter construction pipeline, marking a slight year-over-year… Read More »
New Denver hotel needs no warmup for MLB All-Star Game
The Rally Hotel was more than ready when Major League Baseball moved its July 13 All-Star Game from Atlanta to… Read More »
Short-term rental startup Sonder to merge with SPAC
Sonder, which transforms apartments and hotel rooms into short-term rentals, is merging with special purpose acquisition company Gores Metropoulos II,… Read More »
New outlook from Moody’s brightens for hospitality
Moody’s has ungraded its global hospitality forecast from stable to positive, characterizing the rebound as strong but uneven. The outlook,… Read More »
Sunstone buys Calif. luxury hotel for $265M
Sunstone Hotel Investors has acquired the 130-room Montage Healdsburg hotel in California’s Sonoma County for $265 million, or around $2… Read More »
Happy homes for hefty prices offered by NYC hotels
Upscale hotel brands in Manhattan are drawing big spenders into the big-city good life by adding full-service residences to their… Read More »
Hotels face long road back for business travel
Drastic cutbacks in corporate travel in favor of remote conferencing will continue weighing down hotel recovery for many months, experts… Read More »
Hotel makes history with debut of Ronald McDonald House
The Marriott Springhill Suites in Albuquerque, N.M., is host to the first Ronald McDonald House built inside a hotel. The… Read More »
LPs take their turn at hotel near Univ. of Texas
The Otis Hotel in Austin, Texas, sports a collegiate, dorm-esque look in keeping with the neighboring University of Texas campus,… Read More »
Pandemic took estimated $4.3B toll on Disneyland
The 13-month pandemic shutdown that ended Friday cost California’s Disneyland resort $4.3 billion in revenue, an analyst estimates. Another study… Read More »
Full recovery by 2023 seen by half of execs in survey
Half of hotel asset managers expect revenues per room to return to 2019 levels by 2023 and only 10% by… Read More »
Homeless people to benefit from new Nashville hotel
Local organizations serving the homeless will receive a share of each night’s revenues at the Gallatin Hotel, which will make… Read More »
Sedona, Ariz., resort addition blends form, function
A new visitor center and gathering spot called Trail House at the upscale Enchantment Resort in Sedona, Ariz., features a… Read More »
Barcelona, Spain, hopes to lure US visitors back
Officials in Barcelona, Spain, hope to convince US tourists to return to the city as they roll out new promotional… Read More »
Choice Hotels’ Bainum said to bump up Tribune offer
Choice Hotels International Chairman Stewart Bainum Jr. is offering to add another $200 million of his own money in his… Read More »
Legoland theme park with hotel to debut soon in N.Y.
The media got a sneak peek Wednesday on the $500 million Legoland New York theme park in Goshen ahead of… Read More »
Labor gap may set back hospitality’s comeback
Hotels and casinos face a labor shortage as they gear up from the pandemic, prompting concerns that curtailed customer service… Read More »
Hawaii lawmakers pass reporting requirement for REITs
The Hawaii Legislature has passed a bill including certain tax reporting and notification requirements for REITs. However, Scott Winer of… Read More »
Hotel sector embraces sustainability
Hotels are responding to demand for green practices, especially by younger guests who are increasingly prioritizing sustainability in their decisions… Read More »
MGM Resorts CEO: Las Vegas occupancy rates on the rise
MGM Resorts International CEO Bill Hornbuckle said during a call with investors this week that he thinks the Las Vegas… Read More »
Spa at Beverly Hills Hotel updates look
The Beverly Hills Hotel Spa in California has reopened after an extensive design update. “The fresh and stylishly elegant new… Read More »
Marriott to add new hotel in UAE
Marriott International will be adding The St. Regis Downtown Dubai to its luxury footprint in the United Arab Emirates after… Read More »