Wyndham’s Board Encourages Shareholders Not to Tender Shares to Choice Offer
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced that its Board of Directors, following a review with its outside financial and legal advisors, has unanimously deter
Capitalizing on Conversion: Taking the Project to the Finish Line with Strategic Planning and Partnerships
LODGING brings you the second installment of our three-part Ownership Series, providing owner perspectives on various hot topics and industry trends. We speak with Kunal Dave of L
CBRE Releases 2024 U.S. Real Estate Outlook
DALLAS, Texas—CBRE foresees economic growth slowing in 2024, though a recession may be avoided and real estate transaction values will decline further, creating compelling buying
CoralTree Hospitality Names Mike Everett EVP
DENVER—Tom Luersen, president of CoralTree Hospitality, announced that Mike Everett has joined the company as executive vice president. Everett will lead the business development
WorldVue Partners With ProSafe for Secure Hotel Environments
HOUSTON—WorldVue announced a partnership with ProSafe to provide a more secure environment for hotel employees at properties throughout the world. This partnership expands the sa
CoStar: U.S. Hotel Performance Continues Increasing Week Over Week
WASHINGTON—U.S. hotel performance increased from the previous week, according to CoStar’s latest data through Dec. 9, 2023. U.S. Hotel Performance December 3-9, 2023 Percentage
TownePlace Suites by Marriott Marks 500th Hotel Opening
TownePlace Suites by Marriott marked its 500th hotel with the opening of TownePlace Suites Richmond Colonial Heights in Virginia, the state where the brand debuted its inaugural ho
Uplift Forms Partnership With Grupo Xcaret
SAN FRANCISCO—Uplift announced a partnership with Grupo Xcaret. Through this partnership, guests will have the ability to spread the cost of their bookings over time. “At Grupo
Stayntouch Receives Growth Equity Financing From Sixth Street Growth
NEW YORK—Stayntouch announced it has secured $48 million in financing in a strategic growth equity investment led by Sixth Street Growth, the technology growth investing arm of S
My Place Hotels of America Shares the Passing of Ron Rivett
ABERDEEN, South Dakota—My Place Hotels of America announced the passing of Ron Rivett, the company’s co-founder and chairman. He leaves a 50-year legacy that includes co-foundi