Industry News

Terrapin Hospitality CEO Tony Sherman is growing the company he created to manage his own hotels by taking on third-party management contracts. The company’s portfolio of such co

HENDERSONVILLE, Tennessee—With lower Spring Break travel volume, U.S. hotel performance dipped slightly from the previous week, according to STR’s latest data through March

Radisson Hotel Group is making a commitment to decarbonize its business by setting emission reduction targets to be net zero by 2050, in line with the SBTi Net-Zero Standard, as th

ATLANTA—IHG Hotels & Resorts (IHG) and Sunview Companies officially opened the world’s first Atwell Suites property with the 90-room Atwell Suites Miami Brickell. The dual

Valor Hospitality Partners announced the expansion of their corporate leadership roster with the addition of Dwayne Marshall as chief development officer. As chief development offi

DENVER—Mission Hill Hospitality, a KSL Capital Partners portfolio company, announced it has acquired the Inn at Naples, Tapestry Collection by Hilton, a 100-key property in Naple

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HotStats reported that February was a stronger month all around for the global hotel industry, but escalating line item expenses could derail what’s already a fragile profit rebo

Choice Hotels’ upscale brands continue to show growth by performing well in their chosen markets. Janis Cannon, senior vice president, upscale brands, and Mark Shalala, senio

ATLANTA—Hunter Hotel Advisors (HUNTER) closed a sale in its hometown of Atlanta. Led by Senior Vice President Tim Osborne, HUNTER brokered the sale of the Residence Inn by Marrio