Industry News

HENDERSONVILLE, Tennessee—U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR’s March 2023 P&L data release. U.S

WASHINGTON—Tennessee Governor Bill Lee signed a bill into law—the Protecting Tennessee Businesses and Workers Act. This legislation will prevent local governments from targetin

Ambitious entrepreneurs in lodging technology innovation are motivated by a passion to improve the industry, companies, people, and maybe even the world. Driven by a desire to succ

In the Q1 2023 U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), LE analysts report, that as a group, year-over-year the hotel construction pipeline ha

MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2023 financial results. Metrics from the results include: The post Hilton Reports Q1 2023 Financial Res

When it comes to hotel management, there is only one way to truly operate as an owner, according to Tyler Morse, chairman and CEO of MCR, and that is simply to be one. With that ph

ARLINGTON, Virginia—Knowland announced a Sales Leader Training Guide designed to provide sales leaders with tips for helping property-level sellers get results from the Knowland

The recently opened Pennywell St. Louis Downtown, a Hilton Hotel, pays homage to its historic home: the former Merchants-Laclede National Bank. Opened in 1885, the bank became an i

According to a 2021 McKinsey & Company report, companies who excel at personalization generate 40 percent more revenue from those activities than companies who are merely avera

Hyatt Hotels Corporation and Mr & Mrs Smith announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform offering direct booking access t