LE: Global Hotel Construction Pipeline Hits All-Time High for Room Counts
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the total global pipeline hit an all-time high for room counts and highligh
McNeill Hotel Company Shares Renovation Details of Two Hotels
GERMANTOWN, Tennessee—McNeill Hotel Company announced renovations for two managed properties in Florida: the Home2 Suites by Hilton Destin and the Home2 Suites by Hilton Gainesvi
CoStar: U.S. Hotel Industry Continues to Show Mixed Weekly Results
The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year over year, according to CoStar’s latest data through May 25, 2024.
Stonebridge Names Rob Smith President and CEO
DENVER, Colorado—Stonebridge Companies, LLC announced the appointment of Rob Smith as president and CEO. Smith will join the company in July to oversee the operations of Stonebri
Hotelbeds and Palladium Hotel Group Update Partnership
PALMA, Spain—Hotelbeds formalized a strategic partnership with Palladium Hotel Group to update the distribution of its properties across Europe. The partnership will provide trav
Labor Pains: Rising Wages, Difficulty Finding Employees Among Top Hotel Company Concerns
While hotel executives concede that the labor market has improved since bottoming out during the pandemic just a few years ago, they still acknowledge that several challenges exist
LE: New York Leads Top 50 U.S. Markets in Under-Construction Hotels
Lodging Econometrics (LE) released the latest hotel development for the New York market before the NYU International Hospitality Industry Investment Conference (NYU Conference). In
Waramaug Hospitality Acquires Austin Marriott North
MIAMI, Florida—Waramaug Hospitality, in a joint venture with Franklin Real Asset Advisors, announced it acquired the Austin Marriott North, a 295-key full-service hotel located i
This Week’s Comings & Goings
WorldVue announced the addition of Scott Jamison as senior vice president and chief experience officer. Jamison has over 25 years of technical, management, executive, and business
New Labor Challenges: Analyzing the Impact of Higher Wage Rates and Workforce Trends in 2023
The scarcity of employees has long been the primary labor concern for U.S. hoteliers, even before the onset of the COVID-19 pandemic. Historically, jobs in the lodging industry hav