Industry News

Event planners believe 2024 is looking up for hospitality, though they aren’t reporting increasing rates of optimism as much as they were a few months ago. They’re also plannin

As of year-end 2022, the average hotel in CBRE’s Trends in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by 1.5 percent. This was achieved even tho

DENVER, Colorado—Crescent Hotels & Resorts announced the addition of The Source Hotel & Market Hall to its Latitudes: Lifestyles by Crescent portfolio. The Source is a bo

PORT CHARLOTTE, Florida—The Sunseeker Resort Charlotte Harbor opened and welcomed its first guests. The independently flagged property has 785 guestrooms including 189 Sunsuites

SHANGHAI, China—IHG Hotels & Resorts recently announced Holiday Inn Express has surpassed 500 hotels in operation and pipeline in Greater China, marking a milestone for the u

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced that its Board of Directors, following a review with its outside financial and legal advisors, has unanimously deter

LODGING brings you the second installment of our three-part Ownership Series, providing owner perspectives on various hot topics and industry trends. We speak with Kunal Dave of L

DALLAS, Texas—CBRE foresees economic growth slowing in 2024, though a recession may be avoided and real estate transaction values will decline further, creating compelling buying

DENVER—Tom Luersen, president of CoralTree Hospitality, announced that Mike Everett has joined the company as executive vice president. Everett will lead the business development

HOUSTON—WorldVue announced a partnership with ProSafe to provide a more secure environment for hotel employees at properties throughout the world. This partnership expands the sa