The Hospitality Show Experiences Year-Over-Year Growth
SAN ANTONIO, Texas—The Hospitality Show wrapped up its second annual event at The Henry B. González Convention Center with three days of insights, networking opportunities, and
Hyatt Hotels Corporation Reports Q3 2024 Results
CHICAGO, Illinois—Hyatt Hotels Corporation reported Q3 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO, Hyatt, said, “We reported solid third-quarter r
Motel 6: Travelers Are More Likely to Drive Rather Than Fly for the Holidays
DALLAS, Texas—U.S. travelers would rather drive than fly this holiday season as they seek familiar, flexible, and budget-friendly travel options. New data from Motel 6 and Studio
PM Hotel Group and Sightline Hospitality Announce Strategic Merger
CHEVY CHASE, Maryland—PM Hotel Group and Sightline Hospitality announced a strategic merger. This partnership marks a development in PM Hotel Group’s growth trajectory, specifi
Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches New All-Time High
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stood at 6,211 projects/722,821 rooms, up 9 percent b
Davidson Hospitality Group Enters Partnership With Nautic Partners
ATLANTA, Georgia—Davidson Hospitality Group announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partne
Sonesta Executed 30 Franchise Agreements in Q3 2024
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 30 new franchise agreements during the third quarter of 2024, representing growth at sev
Access Point Financial Closes Investment in Hotel Portfolio Refinance
ATLANTA, Georgia—Access Point Financial announced the successful closing of a $133.1 million investment in Goldman Sachs’ recent $985 million hotel portfolio refinance. Goldman
CoStar: U.S. Hotel Industry Continues to Post Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26, 2024. U.S. Hotel PerformanceOctober 20-26, 2
AHLA Announces Appointment of Rosanna Maietta as President and CEO
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced that Rosanna Maietta has been selected to serve as the association’s next president and CEO, effective