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On this day in Hotel Business history...
Management

LBA, StepStone add to management portfolios

August 11, 2021By Hotel Business2 Mins Read

LBA Hospitality has added two Hilton-branded hotels in Statesboro, GA, to its portfolio of managed…

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Finance

Peachtree Hotel Group acquires more than $1B of stressed and distressed assets

August 11, 2021By Hotel Business1 Min Read

Peachtree Hotel Group, a real estate private equity investment firm, has acquired more than $1…

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Acquisitions

Vacasa to integrate Meyer Vacation Rentals

August 11, 2021By Hotel Business2 Mins Read

Vacation rental management platform Vacasa has made a deal with Meyer Vacation Rentals to double…

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Brands

Vail Resorts reveals CEO succession plan

August 11, 2021By Hotel Business4 Mins Read

Vail Resorts Inc. has revealed that Kirsten Lynch, the company’s current chief marketing officer, will…

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Research

Expedia: Search volumes continue upward trajectory

August 11, 2021By Hotel Business4 Mins Read

Building on the momentum seen in Q1, monthly global search volumes continued to grow in…

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Events

AAHOACON20 Day 1: Advocacy, Resilience Are Key During Crisis

August 11, 2020By Adam Perkowsky4 Mins Read

NATIONAL REPORT—On the opening day of AAHOACON20, Chairman Biran Patel welcomed guests (viewers) to the…

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Brands

ESA Reports Some Positives for Q2

August 11, 2020By Gregg Wallis4 Mins Read

CHARLOTTE, NC—In an earnings season that has seen a lot of negatives, Extended Stay America…

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Finance

IHG Q2 Global RevPAR Drops 75%; July Shows Improvement

August 11, 2020By Adam Perkowsky9 Mins Read

LONDON—For the second quarter of 2020, IHG recorded a global RevPAR decline of 75%, including…

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Finance

Sotherly Reports its Worst Financial Operating Quarter; Sees Hope in Leisure Segment

August 11, 2020By Hotel Business5 Mins Read

WILLIAMSBURG, VA—Sotherly Hotels Inc. has reported its consolidated results for the second quarter ended June…

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Research

Latin America’s Hotel Construction Pipeline Shows Continuing Decline at the Close of Q2

August 11, 2020By Hotel Business3 Mins Read

PORTSMOUTH, NH—Analysts at Lodging Econometrics (LE) state in the “Q2’20 Latin America Hotel Construction Pipeline…

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Brands

Marriott Remains Optimistic as Demand in China Improves in Q2

August 11, 2020By Hotel Business4 Mins Read

BETHESDA, MD—Marriott International Inc. has reported second quarter 2020 results. Comparable systemwide constant dollar RevPAR…

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Brands

Choice Hotels Onboards 50+ Luxury, All-Inclusive AMResorts Offerings

August 11, 2020By Hotel Business2 Mins Read

ROCKVILLE, MD—Choice Hotels International Inc. has completed onboarding more than 50 AMResorts-branded properties to its…

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Expert Insight

Human Trafficking Lawsuits and the Hotel Industry

August 11, 2020By Hotel Business6 Mins Read

By Emily Adams and Shubhra Mashelkar Dozens of hotel- and motel-related entities are currently defending…

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Ownership

Home2 Suites by Hilton Properties Open in TX, VA

August 11, 2017By Cj Arlotta1 Min Read

MCLEAN, VA—Hilton has opened two Home2 Suites by Hilton properties: the 91-suite Home2 Suites by…

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Operations

Strand Hospitality Services Assumes Management of Atlanta Property

August 11, 2017By Cj Arlotta1 Min Read

LITHIA SPRINGS, GA—Strand Hospitality Services has assumed management of the SpringHill Suites Atlanta Six Flags.…

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Ownership

sbe Unveils Mondrian Brand in New York

August 11, 2017By Hotel Business2 Mins Read

NEW YORK—The Mondrian Park Avenue is scheduled to open here this fall. Initially conceived as…

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Brands

Best Western Adds First Premier Hotel in Michigan

August 11, 2017By Hotel Business1 Min Read

PHOENIX—Best Western Hotels & Resorts has added the Best Western Premier Detroit Southfield Hotel to…

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Brands

Residence Inn Makes Its Debut in London

August 11, 2017By Hotel Business1 Min Read

BETHESDA, MD—Marriott International Inc. has opened the Residence Inn London – London Bridge, marking its…

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Ownership

Hilton Edinburgh Carlton Opens in Scotland

August 11, 2016By Hotel Business2 Mins Read

MCLEAN, VA—The Hilton Edinburgh Carlton has opened, marking the 16th property in the Hilton Worldwide…

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Design

First DoubleTree Coming to Lithuania

August 11, 2016By Hotel Business2 Mins Read

MCLEAN, VA—Hilton Worldwide and Vičiūnai Group have signed a franchise agreement to bring the DoubleTree…

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Design

Stone Brewing to Launch Speciality Beer Hotel

August 11, 2016By Hotel Business2 Mins Read

ESCONDIDO, CA—Stone Brewing, a craft brewery, and San Diego-based hospitality collective, Untitled Hospitality, have partnered to…

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Ownership

Dream Hotel Group Adds to Leadership Team

August 11, 2016By Hotel Business2 Mins Read

NEW YORK—Dream Hotel Group has appointed Rika Lisslö as VP of development & acquisition and…

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Cambria Hotels & Suites Expands to Anaheim, CA

August 11, 2016By Hotel Business2 Mins Read

ROCKVILLE, MD—Choice Hotels International, Inc., has signed an agreement with franchise partner Nexus Companies to…

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Casas del XVI Expands Hotel Collection

August 11, 2016By Hotel Business1 Min Read

HOUSTON—Casas del XVI, managed by locally based Prohotel International, will add to its hotel collection…

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WoodSpring Secures $275M to Refinance Portfolio

August 11, 2016By Hotel Business1 Min Read

WICHITA, KS—WoodSpring Hotels has secured $275 million to refinance a portfolio of their WoodSpring Suites…

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