August 2022

Todd Turner has been named CEO of OTO Development, taking over the role from fellow co-founder Corry Oakes, who passed away on August 7. Turner previously served as vice president/

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 14.3 percent in July to a level of 5,158. Year to date through the first seven months of 2022, the

The hospitality industry has its fair share of visitors, with guests and employees in the building 24 hours a day, seven days a week. Compared to other sectors, hospitality employe

AC Hotels by Marriott has opened the doors to its newest hotel in downtown Bethesda, Maryland, bringing the brand’s experience to an urban center near the nation’s capital. AC

Veronica M. Garcia, president and chief operating officer of the Miami-based extended-stay hotel development company Gold Coast Premier Properties Group, is among the women, who, a

ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical e

NEW YORK—The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality’s recently launched Hospitality Innovation Hub Incubator is collaborating with Phocuswri

In 2020, the average hotel in CBRE’s annual Trends in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes, depreciation, and amortizati

ATLANTA—Davidson Hospitality Group has been selected by Fairwood Capital to manage Royal Park Hotel in Rochester, Michigan, under its lifestyle operating vertical, Pivot. Situate

NEW YORK—Selina issued its inaugural Environmental, Social, and Governance (ESG) report, which showed tangible progress made in 2021. With environmental and social consciousness