Summit Hotel Properties Inc. has entered into a definitive contribution and purchase agreement to acquire…
Author: Hotel Business
Marriott International Inc., in the third quarter ended Sept. 30, reported net income of $220…
Both Graduate and UMusic Hotels have new leadership, while Interstate has named a new EVP.…
IHG Hotels & Resorts has launched franchise sales in the U.S. for its newest brand,…
Hotels in resort destinations are changing hands—including an entire Northeast portfolio—plus other deals and financing.…
Tripadvisor’s new Winter Travel Index has revealed where Americans are heading for the next season.…
American Express Global Business Travel (GBT), a leading business partner for managed travel, has completed…
Getaway, the hospitality company that offers lodging in tiny cabins located in nature, will open…
Hyatt Hotels Corporation has completed the previously announced acquisition of Apple Leisure Group (ALG), a…
Financing and transactions are happening across the country, including two loans for the construction of…
Recent openings include a Thompson hotel close to New York City’s Central Park, a Royal…
Australian hotels sales have surged to almost $2 billion this year—hitting a five-year high and…
Service Properties Trust (SVC) has reached an agreement with a subsidiary of Radisson Hospitality Inc.…
Analysts at Lodging Econometrics (LE) report that, in the third quarter, Canada’s hotel construction pipeline…
Pebblebrook Hotel Trust for the third quarter ended Sept. 30 reported same-property RevPAR of $142.48,…
Wyndham Hotels & Resorts and CLC World Resorts & Hotels, one of Europe’s largest independent…
Two new properties are under construction in the South. Here’s a look. The Indigo Road…
Three boutique properties have new owners, including a Napa Valley inn with roots to the…
This week’s Partner News is highlighted by Radisson Hotel Group Americas forming a partnership with…
Hospitality companies continue to fill executive leadership roles, including a new COO for Flâneur Hospitality.…
Accor, for the third quarter ended Sept. 30, reported that RevPAR improved by 20 percentage…
Wyndham Hotels & Resorts reported net income of $103 million for the three months ended…
Commercial real estate finance firm Eastern Union has launched a hospitality group and has named…
According to the third-quarter report by analysts at Lodging Econometrics (LE), Marriott has the largest…
Hilton, for the third quarter ended Sept. 30, reported net income of $240 million. The…