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On this day in Hotel Business history...
Brands

Raffles Hotels & Resorts plots growth

August 5, 2021By Hotel Business4 Mins Read

With newly appointed CEO Stephen Alden at the helm, Raffles Hotels & Resorts is on…

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Finance

Hyatt boosted by demand increase in second quarter

August 5, 2021By Hotel Business6 Mins Read

Hyatt Hotels Corporation, for the second quarter ended June 30, reported a net loss of…

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Research

Survey: 72% of travelers have already traveled domestically

August 5, 2021By Hotel Business3 Mins Read

Nearly three-quarters of travelers (72%) have already taken their first multi-day domestic trip of the…

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Acquisitions

DiamondRock makes two acquisitions for $108.6M

August 5, 2021By Hotel Business3 Mins Read

DiamondRock Hospitality Company has acquired the Bourbon Orleans Hotel, a lifestyle boutique hotel on Bourbon…

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Finance

Choice performs close to 2019 levels in second quarter

August 5, 2021By Hotel Business7 Mins Read

Choice Hotels International Inc., for the second quarter ended June 30, reported net income increased…

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Events

HB on the Scene: AAHOA members have significant economic impact and industry influence

August 5, 2021By Hotel Business2 Mins Read

DALLAS—AAHOA revealed the results of a new study conducted in partnership with Oxford Economics, that…

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Events

Pelosi Optimistic New Stimulus Package Will Get Done

August 5, 2020By Adam Perkowsky6 Mins Read

NATIONAL REPORT—Speaker of the House Nancy Pelosi (D-CA) joined Pat Pacious, president/CEO of Choice Hotels…

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Brands

Hyatt Encouraged by China Recovery

August 5, 2020By Gregg Wallis5 Mins Read

CHICAGO—Hyatt Hotels Corporation reported a $236 million loss in its Q2 earnings call, but is…

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Brands

HB Exclusive: Cambria Launches Podcast Series

August 5, 2020By Gregg Wallis4 Mins Read

ROCKVILLE, MD—Cambria Hotels, an upscale brand franchised by Choice Hotels International has launched its first-ever…

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Finance

Accor Relies on Asset-Light Model to Boost Recovery

August 5, 2020By Hotel Business5 Mins Read

PARIS—Accor has reported its half-year results, revealing that its RevPAR was down 59.3%. This decline…

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Research

Kalibri Labs: Demand Growth Continues to Be Soft, More Industry Trends

August 5, 2020By Hotel Business1 Min Read

NATIONAL REPORT—Kalibri Labs has released updated data from its COVID-19 Industry Health Dashboard, which is…

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Management

Marshall Assumes Management of Five Hotels

August 5, 2020By Hotel Business3 Mins Read

SALISBURY, MD—Marshall Hotels & Resorts has taken over management of five hotels, including the 100-room…

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Events

HB ON THE SCENE: Benefits of Doing Social Good

August 5, 2019By Gregg Wallis3 Mins Read

COLUMBUS, OH—Hospitality companies have made social enterprise and philanthropy an integral part of their daily…

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Brands

LE: Marriott, Hilton, IHG Lead U.S. Hotel Construction Pipeline

August 5, 2019By Hotel Business2 Mins Read

PORTSMOUTH, NH—In the Lodging Econometrics (LE) second quarter report for 2019, the franchise companies leading…

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Research

U.S. Unemployment Rate Remains Steady at 3.7%

August 5, 2019By Hotel Business1 Min Read

NATIONAL REPORT—The U.S. economy added 164,000 jobs in July, and the unemployment rate was unchanged…

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Industry

Hotels Open in California

August 5, 2019By Hotel Business3 Mins Read

NATIONAL REPORT—Hotels are opening up and down the California coast. Here’s a look: Hotel E…

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Research

Global Travel Pricing Set to Slow Down in 2020

August 5, 2019By Hotel Business5 Mins Read

MINNEAPOLIS—After posting sharp rises in 2019, prices in the global travel industry are likely to…

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Finance

Ashford’s Actual RevPAR Up 2.8% for All Hotels in Q2

August 5, 2019By Hotel Business3 Mins Read

DALLAS—In the second quarter, Ashford Hospitality Trust’s strategy consisted of an opportunistic focus on upper-upscale,…

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Industry

Four Comings and Goings in Hospitality

August 5, 2019By Hotel Business3 Mins Read

NATIONAL REPORT—Executives are on the move in the hospitality industry. Recent personnel changes have occurred…

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Finance

Ashford Hospitality Trust’s RevPAR Up 2.3% in Q2

August 5, 2018By Hotel Business2 Mins Read

DALLAS—Ashford Hospitality Trust Inc. achieved an increase in RevPAR, up 2.3% for the second quarter,…

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Acquisitions

Buying & Selling: Six Hotel Deals to Know

August 5, 2018By Hotel Business3 Mins Read

NATIONAL REPORT— Who’s buying and selling? Here’s a look at the latest hotel deals made…

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Design

Newly Open, These Two Hotels Showcase Thoughtful Design

August 5, 2018By Hotel Business2 Mins Read

INTERNATIONAL REPORT—History, local culture and businesses are inspiring hotel design and venues around the globe.…

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Research

Study: Marriott Claims Top Spot in Brand Health

August 5, 2018By Hotel Business2 Mins Read

NATIONAL REPORT—YouGov has released its annual review of the overall brand health of 1,630 brands…

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Guest Services & Programs

More Brands to Ditch Plastic Straws

August 5, 2018By Hotel Business2 Mins Read

INTERNATIONAL REPORT—Plastics are being phased out in the hospitality industry with a push toward more…

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Accenture Helps Meliá Hotels With New Digital Transformation Strategy

August 5, 2016By Hotel Business3 Mins Read

PALMA DE MALLORCA—Accenture has collaborated with Meliá Hotels International to implement a new digital transformation…

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