STR: U.S. Hotel Performance Shows Improvements Over 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance increased slightly from the previous week and showed improvements over 2019 comparable data, according to STR’s latest data
U.S. Hotel Profit from 2021 Reaches 52 Percent of Pre-Pandemic Levels
HENDERSONVILLE, Tennessee—Gross operating profit for U.S. hotels reached 52 percent of the comparable 2019 level, according to STR‘s full-year 2021 P&L data release. S
Hospitality Ventures Management Group Added 16 Hotels to its Portfolio in 2021
ATLANTA—Hospitality Ventures Management Group (HVMG) announced that it added 16 hotels to its nationwide portfolio, bringing it to a total of 56 hotels with approximately 9,000 t
This Week’s Comings & Goings
EOS Hospitality has announced the appointment of Jennifer Collins to executive vice president of operations. Collins will lead operations and guide the organization’s team member
Deloitte Shares Data from its Global State of the Consumer Tracker Report
After a slight increase last fall, consumer attitudes about travel are facing some turbulence spurred by the latest wave of the pandemic, according to Deloitte’s Global State of
avid hotels Opens 50th Property in Fort Lauderdale, Florida
avid hotels—part of IHG Hotels & Resorts (IHG)—announced its 50th property with avid hotel Ft. Lauderdale Airport-Cruise in Fort Lauderdale, Florida. This hotel is the thi
The Growth Mindset: Three Tips for New Revenue Managers
Finding the right revenue manager to match a hotel’s organization requires more than a strong knowledge of the inner workings of the hospitality industry; it requires an individu
First hotel in Gladstone opens its doors
A community desperate for lodging has had its wishes come to fruition. Gladstone’s first hotel has opened at 6901 N. Oak Trafficway. Not far from the city’s Linden Squa
She Has a Deal Launches the SHaD Prosperity Fund I
TYSONS CORNER, Virginia—Officials of She Has a Deal (SHaD), a real estate investment platform that creates pathways to hotel ownership and development for women, announced the la
Biran Patel Named VP and National Director for Marcus & Millichap’s Hospitality Division
CALABASAS, California—Marcus & Millichap announced the hiring of Biran Patel as senior vice president and national director of the firm’s hospitality division. Patel will
