Industry News

March 31, 2022—Procaccianti Companies announced the acquisition of The Chatham Wayside Inn, located in Cape Cod. The 56-room independent property will be managed by Procaccianti&

HENDERSONVILLE, Tennessee—After falling to roughly $20.00 in January, gross operating profit for U.S. hotels reached nearly $59.00—the highest level in the metric since October

With COVID-19 restrictions beginning to lift globally, most hotels may soon have long-awaited full openings of dining, event, and common areas if no new variants crop up and cause

Hotels can implement new tech partnerships, platforms, and solutions to evolve with ever-changing consumer needs. In addition, tech-based solutions can also bring hotels forward in

Choice Hotels International, Inc. recently announced that its Suburban Extended Stay Hotel brand has been relaunched as Suburban Studios. Ron Burgett, senior vice president of deve

SANTA CRUZ, California—Wyndham Hotels & Resorts announced the opening of La Quinta Inn & Suites Santa Cruz in California. This opening marks the latest addition to the

D-EDGE Hospitality Solutions announced that they have been chosen by Accor to be the Central Reservation System (CRS) for their 5,300 hotels worldwide. With this move, Accor will b

TAMPA, Florida — Spirides Hotel Finance Company has provided and the borrower has officially closed $7 million in loans to refinance the existing mortgage debt and fund renovatio

MILL VALLEY, California—Auberge Resorts Collection introduces Enriching Lives, a social program that aims to help the lives of communities through education and learning where Au

NEW ORLEANS—Housed in the historic Miller & Rhoads department store, the 250-room Hilton Richmond Downtown announces the completion of a renovation. This includes a new lobb