Industry News

ATLANTA — Stonehill PACE completed approximately $150 million in commercial property assessed clean energy loans over the past 12 months for renewable energy and energy-efficient

SAN DIEGO — MIG Real Estate LLC, a national real estate investment company headquartered in Newport Beach, Calif., has purchased the Courtyard San Diego Old Town at 2435 Jefferso

ATLANTA — Hotel Indigo, the boutique hotel brand from IHG Hotels & Resorts, announced new hotel openings in Louisiana, Nebraska, and Colorado. Each hotel illuminates the wor

Understanding, measuring, and forecasting the recovery of U.S. hotel performance has been difficult at best amid the global pandemic. Unlike other cycles that were driven by econom

Speaking with LODGING at ALIS 2022 shortly after becoming CEO and president of Davidson Hospitality Group, where he’s spent his entire 34-year career, Thom Geshay reminds that th

PARIS — Accor recently revealed some of its newest properties and upcoming destinations around the world. More than 300 new hotels and resorts are expected to open in 2022. North

FOXHALL RESORT, GEORGIA — Foxhall Resort, a sporting and outdoor destination in Georgia, will build a five-story, 250-room Westin hotel with a 50,000-square-foot conference cente

SAN FRANCISCO — Medallia announced that more than 1,000 Hyatt properties will deploy Medallia Zingle’s messaging platform. In collaboration with Medallia Zingle, Hyatt gues

LONDON — Miami and Dubai led the major global markets in hotel profit recovery for 2021, according to STR’s full-year P&L data release. Miami’s gross operating profi

Although HotStats reports that 2021 had abnormalities, global hotel performance for the year ended on a stabilized note. The global hotel industry’s climb back to profitability h