Baird/STR Hotel Stock Index Dropped 3.4 Percent in March
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 3.4 percent in March to a level of 5,355. “Hotel stocks declined in March as investors digest
Ask Anthony: How Can Hotels Take Advantage of AI Technology?
I keep hearing about AI technologies like ChatGPT in the news. How can hotels best take advantage of this new technology?* As a veteran of the hospitality industry, I’ve seen how
BWH Hotel Group Fortifies Commitment to Portfolio-Wide Environmental and Social Responsibility
PHOENIX, Arizona—BWH Hotel Group is doubling down on its commitment to environmental and social responsibility across its global portfolio. Alongside its engagement with the Sust
This Week’s Comings & Goings
Highgate announced the appointment of Matt Greene to executive vice president, luxury residences. In addition, Highgate also announced the appointment of Elizabeth Redmond as chief
LCP and Safanad Provide Loan for Dream Hollywood
NEW YORK, New York—The LCP Group, L.P., in a joint venture with Safanad, announced they provided a $33.3 million senior mortgage loan to an affiliate of the Relevant Group for th
Extended Stay America Updates Extended Perks Membership Program
CHARLOTTE, North Carolina—Extended Stay America formally announced new benefits and savings to its Extended Perks membership program. At the center of the program is the Exclusiv
Owner-First: Update on Wyndham’s Women Own the Room and Programs That Support Franchisees
Speaking with LODGING at AAHOACON 2023, Wyndham Hotels & Resorts’ executive vice president and chief marketing officer, Lisa Checchio, provided an update on Wyndham’s initi
STR: Upper-Upscale Hotels Well Represented in Development Pipeline
HENDERSONVILLE, Tennessee—Upper-upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of proj
Hyatt’s Newest Brand Hyatt Studios Continues Transformational Growth and Expansion
CHICAGO—Hyatt Hotels Corporation announced plans for Hyatt Studios, the newest addition to Hyatt’s portfolio of brands. The brand, which marks Hyatt’s entry into upper-midsca
Hotels Grab Opportunity for F&B Profits, Guest Satisfaction Through ‘To Go’ Markets
As hotels continue to move away from traditional full-service food & beverage outlets in the wake of the pandemic, Grab & Go markets or food pantries have emerged as the