New U.S. Hotel Construction Projects Up 20 Percent Year Over Year in Q2By Donna M. AiroldiA total of 372 new U.S. hotel projects with 45,084 rooms were announced in the first half of 2021, with 202 of those 25,653 rooms announced in the... KEEP READING
STR: June U.S. Hotel Occupancy, Rates Continue RecoveryBy Donna M. AiroldiThe U.S. hotel industry in June continued a recovery still led by leisure travel, with occupancy and revenue per available room each at their highest... KEEP READING
Acomodeo Partners with Booking.comBy Donna M. AiroldiFrankfurt, Germany-based serviced-apartment provider Acomodeo has partnered with Booking.com to add shorter-term lodging options to its platform for... KEEP READING
Buyers Look to Manage Traveler Expectations in New Hotel TerrainBy Donna M. AiroldiSome hotel amenities and services aren't at pre-pandemic levels, and travel managers are working to prevent an unpleasant surprise for travelers.... KEEP READING
Radisson Creates New Latin America, Caribbean Executive RoleBy Donna M. AiroldiRadisson Hotel Group Americas has appointed former Marriott International executive Paul Adan to the newly created role of managing director in Latin... KEEP READING
Oyo Raises $660M in Term Loan B FundingBy Donna M. AiroldiIndia-based hotel company Oyo Rooms has raised $660 million from global institutional investors in term loan B funding, the company announced. Oyo will... KEEP READING
J.D. Power Survey: Hotel Guests Want Breakfast BackBy Donna M. AiroldiOne major change at many hotel brands since the pandemic started has been the removal or downsizing of breakfast. This change has not gone over well... KEEP READING
Radisson Names Buoy Chief Commercial OfficerBy Donna M. AiroldiRadisson Hotel Group Americas has appointed former Extended Stay America executive Tom Buoy as EVP and chief commercial officer, the company announced.... KEEP READING
Choice Tightens Cancellation Policies, Following Other Hotel Cos.By Donna M. AiroldiThe days of eased cancellation policies for hotels and extensions for loyalty status are coming to an end. Choice Hotels this month announced that,... KEEP READING
Strong Demand for Meeting Space Could Trigger 2022 'Compression'By Donna M. AiroldiIt hasn't taken long after the rollout of Covid-19 vaccines for industry experts to start using the word "compression" when referring to negotiations... KEEP READING
Hilton Converts First Signia PropertyBy Donna M. AiroldiHilton Worldwide has renovated and converted the former Hilton Orlando Bonnet Creek to become the first property in the upper-upscale meetings-focused... KEEP READING
Pension Fund Sues Extended Stay America Over $6B SaleBy Donna M. AiroldiA Michigan pension fund shareholder of Extended Stay America has filed a lawsuit against the hotel company in connection with its acquisition by... KEEP READING
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