Analysts’ takes on hotel industry growth
Despite inflation fears, analysts at investment banks are optimistic about the hotel sector and expect ongoing recovery of travel will… Read More »
Hotel asset managers worry about labor, not RevPar
The biggest concerns of hotel asset managers heading into 2023 is the availability and cost of labor and the continued… Read More »
Dallas is in the lead for hotel construction
The Q3 Construction Pipeline report from Lodging Econometrics finds that Dallas is in the lead with 174 projects with 20,676… Read More »
Data drives loyalty programs for independents
Independent hotels have to compete with chains on many levels, making capturing guest loyalty especially important. Global Hotel Alliance provides… Read More »
Millennial hotel brand debuts on NYSE
Selina, which caters to millennials and Gen Z, made its debut as a publicly traded company last week. The company,… Read More »
Wyndham, Palladium form commercial alliance
Spain’s Palladium Hotel Group has joined Wyndham Hotels & Resorts ina “commercial alliance.” The partnership includes 14 all-inclusive resorts in… Read More »
Hotel prices skyrocket past 200%
The Family Vacation Guide has conducted a new survey of US-based hotel rooms and found prices have risen more than… Read More »
NYC’s new Ritz-Carlton goes all out on luxury
The new 50-story Ritz-Carlton New York Nomad, near Madison Square Park, is open with 219 rooms and 16 penthouse residences…. Read More »
Apple Hospitality REIT buys hotels for a total of $85M
Apple Hospitality REIT has acquired two hotels, spending a total of $85 million. It purchased the 134-room AC Hotel by… Read More »
Hilton CEO: Rates will rise as under supply meets demand
Hilton Hotels CEO Christopher Nassetta warns that as the travel sector continues to recover hotel rates will continue to climb… Read More »
How hotels are facing the rising cost of utilities
Though hotels’ utility costs declined during the pandemic shutdown, they are now rising as travel returns and are growing faster… Read More »
Biden goes after resort fees
President Joe Biden has pledge to eliminate “junk fees” charged by resorts, airlines and cable companies, urging transparency in pricing…. Read More »