August 2022

NEW YORK—PMZ Realty Capital LLC announced that it arranged acquisition financing for the Holiday Inn & Suites Albuquerque Airport, located in Albuquerque, New Mexico. The $9

CHARLESTON, South Carolina—Charlestowne Hotels announced its continued expansion in the Northeast with Hotel Marcel in New Haven, Connecticut, and the Lockwood Hotel in Watervill

In the recently released Q2 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise company leading the United States hotel construction

PHOENIX—Sheraton Phoenix Downtown completed a $4 million renovation of its meeting and event spaces in addition to debuting a new Sheraton Club. The renovations include enhanced

ARLINGTON, Virginia—Knowland released its monthly meetings and events data for July reporting a significant increase of 163.9 percent over July 2021. Although there was a 15.5 pe

CHARLOTTE, North Carolina—Extended Stay America announced that subsidiaries of ESH Hospitality, Inc. are converting more than 100 recently acquired WoodSpring Suites hotels to th

Best Western Hotels & Resorts announced the openings of six new properties across the United States. They include Best Western Morgan City Inn, SureStay Plus Hotel by Best Wes

HENDERSONVILLE, Tennessee—U.S. hotel performance dipped slightly from the previous week, which was the annual travel peak, according to STR’s latest data through July 30, 2

ATLANTA—IHG Hotels & Resorts released the company’s newest global marketing campaign, Guest How You Guest. Officially launched in the United States and United Kingdom, and

Spring and early summer brought a much-welcomed boost in hotel room demand as COVID-19 restrictions continued to ease in many parts of the world. STR’s Market Recovery Monitor in