Noble Investment Group Acquires Courtyard by Marriott Jacksonville Beach Oceanfront
ATLANTA, Georgia—Noble Investment Group announced the acquisition of the Courtyard by Marriott Jacksonville Beach Oceanfront. Located on the shores of Jacksonville Beach, the hot
Help Wanted: AHLA Fights for Hotel Jobs on Several Fronts
Hotels face many hurdles to economic growth, but the toughest one might be finding enough employees to power that growth. America’s hotels are doing all they can to create good j
Sonesta Resort Hilton Head Island Completes First Phase of Renovation
HILTON HEAD ISLAND, South Carolina—Sonesta Resort Hilton Head Island recently completed phase one of a resort renovation program, showing its 340 redesigned guestrooms during a r
STR, TE Slightly Adjust 2024-2025 U.S. Hotel Forecast
NASHVILLE—STR and Tourism Economics made slight adjustments to the 2024-25 U.S. hotel forecast released at the 16th Annual Hotel Data Conference. For 2024, projected gains in
Hyatt Hotels Corporation Reports Q2 2024 Results
CHICAGO—Hyatt Hotels Corporation reported second quarter 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO of Hyatt, said, “We posted solid second quarte
GBTA and Cvent Study Finds an Opportunity for Tech Integration to Transform Business Travel
ALEXANDRIA, Virginia—The Global Business Travel Association (GBTA) and Cvent released a new study titled, “The Future Is Now: Technology Transformation in Corporate Travel.”
Visual Matrix’s MOP Tech Increases Adoption by 440 Percent
RICHARDSON, Texas—Visual Matrix increased the growth of its MOP technology by 440 percent since Visual Matrix acquired the technology in November 2021. MOP is now used at more th
IHG Hotels & Resorts Reports Half-Year Results
IHG Hotels & Resorts reported half-year results ending June 30, 2024. Highlights include company performance with operating profit from reportable segments (+12 percent) and Ad
Rigorous Revenue Management: AI Tech Tools Take Pricing and Forecasting Accuracy to the Next Level
Revenue management in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the develop
This Week’s Comings & Goings
Aimbridge Hospitality announced Christopher Tatum as the new divisional president of its Full Service division. Read more about the appointment here. Marriott International annou