Industry News

While unpredictable for some time, the global business travel market is rebounding. This means there’s a light at the end of the tunnel for those who want, prefer, or need to tra

JLL’s Hotels & Hospitality Group announced that Americas CEO Kevin Davis has been named to the board of directors of Adai (Active Design Advisors, Inc.), an affiliate of The

WASHINGTON—More than two years into the pandemic, U.S. travelers report that gas prices and inflation will impact their summer travel decisions more than concerns about COVID-19,

NEW YORK—Dream Hotel Group announced plans to open Dream Frisco, a boutique 200-key hotel, part of the new Firefly Park mixed-use development in Frisco, Texas, 28 miles north of

ALAMOGORDO, New Mexico—Marcus & Millichap announced the sale of Suburban Extended Stay Hotel Alamogordo, a 58-room hotel located in Alamogordo, New Mexico, according to Bruc

DENVER—Hay Creek Hotels announced they have taken over the management of the Mountain View Grand Resort’s operations. This is a win for the company and its partners as the prop

While there’s still uncertainty in the hospitality industry, there is good news for travel and hospitality overall: travel is surging. Knowing that guests are back to traveli

Safety perceptions related to travel and social activities are at their highest point since the pandemic began, prompting many U.S. travelers to plan summer trips. However, amid re

Raines Company’s Vice President, Investments, Kristen Myers, observes that many investors sitting on the sidelines expecting distressed property bargains as a result of the pande

Over the past two years, class-level hotel occupancy has served as a proxy to track the recovery of different industry segments. The lower-tier, leisure-based classes have led occu