THE THANKSGIVING CALENDAR shift boosted year-over-year performance comparisons for the U.S. hotel industry during the third week of November, according to CoStar. However, occupancy, RevPAR and ADR all declined from... Read More
Author: asiantrader
Five Star Group affiliates, Five Star Hospitality Management and Dream Capital, recently named Justin Patel senior associate, investments and asset management and Kimberly Rowell to executive vice president. Patel was... Read More
EXCEL GROUP, A Virginia-based private equity firm, acquired the 209-room Embassy Suites by Hilton Syracuse Destiny USA in Syracuse, New York. The hotel, one of the newest in... Read More
ONE IN EIGHT new jobs created over the next nine years will be in the hospitality and leisure sector, according to the Bureau of Labor Statistics. The U.S. hospitality industry... Read More
3H Group and LBA Hospitality recently opened their first dual-branded IHG hotels in Chattanooga, Tennessee: Candlewood Suites Chattanooga East and Holiday Inn Express Chattanooga East, adding 154 rooms to the... Read More
GRACESOFT, URBAN PARK Hotel Collection and LodgeTender have integrated their portfolios to create an independent hotel service and membership network. The alliance provides hotel management technology, revenue optimization, consulting and... Read More
WOODVALE, AN ATLANTA-based private equity firm, acquired three hotels in November: the dual-branded Courtyard and Residence Inn Memphis Southaven in Memphis, Tennessee, and the Fairfield Inn & Suites Atlanta Buford... Read More
VIRDEE AND HOTELKEY recently launched an improved guest relations platform with streamlined check-in and more support. Salt Lake City-based LivAway Suites is the first hotel chain to adopt the Virdee-HotelKey... Read More
AAHOA’S FINAL CHARITY Golf Tournament of 2024 took place on Nov. 6 at LPGA International in Daytona Beach, Florida. The event, held in the North and South Florida Regions, raised... Read More
INDIAN COUPLES ARE exploring new wedding locations and planning large, personalized celebrations, according to a study commissioned by Wyndham Hotels & Resorts. Wyndham conducted the survey of 1,000 recently engaged... Read More