Accor to Take Full Ownership of SBE Hospitality GroupBy Chris DavisAccor has acquired the remaining 50 percent of the SBE hospitality group it didn't already own, the companies announced Tuesday, and will take full... KEEP READING
For IHG, SME Focus Offers an EdgeInterContinental Hotels Group in 2018 introduced its Business Edge product, geared toward small and midsize companies, and the company says it has... KEEP READING
Extended Stay America Adds Seven Properties to Its PortfolioBy Donna M. AiroldiExtended Stay America has added seven new properties to its portfolio through conversions, bringing the total number of hotels in its system to 647, the... KEEP READING
STR: U.S. Hotel Performance Shows Continued Slippage in OctoberBy Donna M. AiroldiU.S. hotel industry performance metrics showed continued slippage in October compared with September, according to STR. Occupancy increased a tick to... KEEP READING
IHG Reorganizes Global Sales Team with New AppointmentsBy Donna M. AiroldiInterContinental Hotels Group is reshuffling its global sales team with new appointments, effective Dec. 1, according to the company. ... KEEP READING
Apartment-Style Provider Domio Under 'Financial Re-Engineering'By Donna M. AiroldiShort-term apartment-style lodging provider Domio remains open for business, according to a statement that the company posted on its website late... KEEP READING
Choice Appoints New European CEO, Ascend HeadBy Donna M. AiroldiChoice Hotels has appointed former Wyndham Destinations and InterContinental Hotels Group executive Jonathan Mills as CEO for Choice Hotels Europe,... KEEP READING
Airbnb Files to Go PublicBy Dawit HabtemariamAirbnb on Monday released a prospectus filed with the U.S. Securities and Exchange Commission in preparation for its initial public offering.... KEEP READING
Some Meeting Changes Are Here to Stay, Say Hospitality ExecsBy Donna M. AiroldiGroup business is key to a full recovery of the hospitality industry, but when that will happen remains an open question, according to hospitality... KEEP READING
STR's Final 2020 U.S. Hotel Forecast Adjusted Slightly UpwardBy Donna M. AiroldiNew U.S. hotel industry forecasts from both STR and HVS anticipate that the full-year occupancy level will end the year at around 42 percent, according... KEEP READING
Report: U.S. Economy Extended-Stay Q3 Occupancy Nearly Matches 2019By Donna M. AiroldiThe U.S. extended-stay lodging tier reported improved third-quarter results compared with record lows of the second quarter, according to a report... KEEP READING
Extended Stay America Turns Q3 ProfitBy Donna M. AiroldiExtended Stay America turned in a relatively positive third-quarter performance, finishing $31.5 million in the black and reporting a comparable... KEEP READING
Lyric to Exit Apartment-Style Rental SpaceBy Donna M. AiroldiApartment-style lodging provider Lyric essentially will leave the hospitality rental space after its lease agreement at 70 Pine St. in New York City is... KEEP READING
Mint House to Expand to NYC, Sees Growth Accelerate During PandemicBy Donna M. AiroldiApartment-style lodging provider Mint House, which mainly targets business travelers, is set to open its first New York City location at 70 Pine St. in... KEEP READING
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