Report: Q2 U.S. Extended-Stay Demand at Record High
Second-quarter demand for U.S. extended-stay room nights reached record levels not only for the category as a whole but also… Read More »
Hyatt to Acquire Apple Leisure Group, Double Resort Footprint
Hyatt Hotels Corp. has entered into an agreement to acquire Apple Leisure Group for $2.7 billion in cash, the company… Read More »
Texas city greenlights hotel/convention center project
City Council members in Abilene, Texas, have approved funding for an $82 million hotel project in the city’s downtown as… Read More »
$2.7B Apple Leisure buy will push Hyatt to luxury top
Hyatt Hotels Corp. is poised to command the world’s largest all-inclusive luxury report portfolio with its newly announced agreement to… Read More »
VICI “could not be more excited” about MGM Growth deal
VICI Properties CEO Edward Pitoniak says the REIT “could not be more excited” about the recent acquisition of MGM Growth… Read More »
Hotel workers, industry spar over pace of rehiring
As occupancy climbs from its pandemic trough, many employees and their union leaders accuse the hotel industry of undermining their… Read More »
Okla. casino-resort expands with hotel, gaming options
Choctaw Casino and Resort in Durant, Okla., has completed an expansion that includes a 21-story hotel, lounges and restaurants. The… Read More »
Hotel buyers must check out potential costs
Hotel investors hoping to snap up distressed properties in the pandemic’s wake face several caveats affecting the pocketbook, warns Richard… Read More »