Industry News

In celebration of its 20th anniversary, Valencia Hotel Group is excited to announce a rebranding to Valencia Hotel Collection. VHC plans to continue its approach to hospitality and

CHICAGO—First Hospitality assumed management of Hotel Indy in Indianapolis, Indiana. The property marks First Hospitality’s first hotel with owner group KennMar. Since opening

WASHINGTON—The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure tra

WASHINGTON—U.S. hotel performance increased from the previous week and showed positive year-over-year comparisons, according to CoStar’s latest data through Nov. 11, 2023. U.S.

PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced the renovation of the Renaissance Boca Raton hotel, located in Boca Raton, Florida. The property encompasses 15,000 sq

ATLANTA—Hotel Indigo is launching an offering in the United States and the United Kingdom where those who live in the same zip code, or postcode, as a Hotel Indigo can now “bor

Artificial intelligence (AI) is revolutionizing the hospitality industry by optimizing operations, improving quality and safety, and enhancing the guest experience. AI’s rapid gr

MINNEAPOLIS—IDeaS released Future Forecast: Six Hotel Technology Predictions for 2024, which includes six hotel technology predictions that it believes will shape the year to com

Sage Hospitality Group announced the appointment of Don Li as executive vice president of business development and head of Asia Pacific. As part of the Sage Investments team, Li wi

NEW YORK—MCR Hotels, Island Capital Group, and JLL’s Hotels & Hospitality Group announced that MCR and Island have closed on a $260 million refinancing of the 1,780-key She