STR: U.S. Hotel Performance Increases But Shows Mixed Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, while year-over-year comparisons were mixed, according to STR’s latest data through June 10, 202
E-Bikes: An Emerging Amenity for Hotels
In today’s competitive lodging environment, hoteliers must think outside the box to reignite guest excitement, implementing new experiential amenities to deliver memorable servic
Baird/STR Hotel Stock Index Dropped 2.6 Percent in May 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index declined 2.6 percent in May to a level of 5,287. “Hotel stocks were mixed in May—the Hotel REITs incr
Quore Recreates Reporting Engine App
FRANKLIN, Tennessee—Quore announced the recreation of its Reports app, or “Reporting Engine.” The recreation includes new report options, flexibility, and capabilities like s
Blackstone Completes Cvent Acquisition
TYSONS, Virginia—Cvent Holding Corp. announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, repres
AHLA Works With SBA to Secure PPP for Hotels
WASHINGTON—U.S. hotels can benefit from an update to the Paycheck Protection Program (PPP). Following months of collaboration with the American Hotel & Lodging Association an
This Week’s Comings & Goings
Main Street Hospitality announced key appointments including the promotion of Greta Kipp as chief operating officer. In addition, Brian Smith and Suzi Darre joined the company as r
Toast Makes Restaurant Technology Available for Marriott’s Select-Service Hotels
BOSTON, Massachusetts—Toast, a digital technology platform built for restaurants, announced an agreement with Marriott International, Inc. to make its Toast for Hotel Restaurants
Kirkwood Collection Welcomes Three Palm Springs Properties
BEVERLY HILLS, California—Continuing the momentum from its most recent acquisition in November 2022, Kirkwood Collection announced it has acquired three historic properties in Pa
Hotel Equities Adds Wyndham Moline to Management Portfolio
ATLANTA—Hotel Equities (HE) announced the addition of the Wyndham Moline on John Deere Commons in Moline, Illinois, to its management portfolio. The 163-room hotel is located on