March 2024

The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion in assets were trade

CHICAGO—Hyatt Hotels Corporation, together with Rio Hotel & Casino, announced that World of Hyatt members can earn and redeem points at the Hyatt-affiliated hotel, which is i

MILWAUKEE—Marcus Hotels & Resorts announced that it, Hempel Real Estate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The property will be

What initially inspired you to get into the hospitality business? I worked my way through college and early in my career to supplement income within the restaurant industry. A few

DALLAS—Ashford Hospitality Trust, Inc. announced that it has signed a definitive agreement to sell the 390-room Hilton Boston Back Bay in Boston, Massachusetts, for $171 million

ARLINGTON, Virginia—Knowland announced an increase of 50 percent in convention and conference center platform usage in 2023. This speaks to the impact of data-driven insights in

WASHINGTON—U.S. hotel performance showed mixed results over the previous week, according to CoStar’s latest data through Feb. 24, 2024. U.S. Hotel Performance February 18-24, 2

WASHINGTON—The American Hotel & Lodging Association (AHLA) brought together hotel and sustainability leaders in Washington to discuss the hotel industry’s commitment to pro

What initially inspired you to get into the hospitality business? When I was 18, I worked as a hostess at a restaurant my Uncle Vince managed. I did not like the restaurant busines