Duetto: More than 60% of hoteliers to increase tech budget
Hospitality revenue management software provider Duetto has unveiled its 2025 hospitality trends report, revealing that increased costs, AI, personalization, evolving revenue metri
U.S. hotel results for week ending Jan. 11
The U.S. hotel industry reported negative year-over-year (YOY) comparisons for the week ending Jan. 11, according to CoStar data. The performance was impacted by shifts in the Mart
Avion Hospitality adds Hotel Savoy Kansas City
Hotel management company Avion Hospitality has been awarded management of the newly rebranded Hotel Savoy Kansas City, Tapestry Collection by Hilton. Formerly the 21c Kansas City,
Denver Union Station and The Crawford Hotel Complete Renovation
DENVER, Colorado—Denver Union Station and The Crawford Hotel recently completed a refresh, including updates to the Great Hall and each of the hotel’s 112 guestrooms. Originall
Cendyn: Secondary Markets Surpass Primary Markets for YOY Meetings Growth
AUSTIN, Texas—Knowland by Cendyn released December monthly data findings to help hoteliers gain insight into the top locations selected by today’s meeting planners. The company
CoralTree Hospitality Adds Two Utah Hotels to Managed Portfolio
DENVER, Colorado—CoralTree Hospitality announced the addition of Black Desert Resort and Red Mountain Resort in southwest Utah to its management portfolio. The two properties, ow
CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Jan. 11, 2024. Performance was impacted by shifts in
Aimbridge Hospitality Enters Restructuring Support Agreement
PLANO, Texas—Aimbridge Hospitality announced that it has entered into a Restructuring Support Agreement (RSA) with support from its first and second lien lenders and its existing
Reeco Secures $15 Million in Series A Funding
MIAMI, Florida—Reeco announced it secured $15 million in Series A funding. This investment will fuel the company’s growth initiatives, including the advancement of the Reeco pl
Crestline Assumes Management of Five Senses Hospitality Portfolio
FAIRFAX, Virginia—Crestline Hotels & Resorts LLC announced it has assumed management of Five Senses Hospitality’s portfolio, which includes 13 hotels in three states totali