Industry News

FORT LAUDERDALE — Adache Group Architects has announced construction will begin on the new 14-story Aloft Hotel in Fort Lauderdale. “We are excited to begin construction on Alo

PHOENIX—Best Western Hotels & Resorts’ (BWHR) loyalty program—Best Western Rewards—is launching Pay with Points. BWR members can reserve their next hotel stay using ac

DALLAS—NewcrestImage has reached a definitive agreement to purchase nine hotels in Arizona from G6 Hospitality—six branded Motel 6 and three branded Studio 6. The transaction i

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 12.7 percent in December 2021 to a level of 5,744. For 2021 as a whole, the stock index was up 25.

Merrillville, Indiana — White Lodging, one of the largest independent hotel development and management companies in the United States, has named Jean-Luc Barone the CEO of the ho

NEWTON, Massachusetts—Service Properties Trust announced that it reached an agreement with Sonesta International Hotels Corporation to amend its existing management agreements ef

ARLINGTON, Virginia—Knowland, a provider of data-as-a-service insights on meetings and events for hospitality, released its monthly meetings and events data for December. Althoug

MINNEAPOLIS, Minnesota—Radisson announced the opening of Radisson Hotel Philadelphia, following a multi-million-dollar renovation showing the brand’s signature Scandinavian des

The resilience hoteliers, tech vendors, and venue operators have shown since the beginning of the COVID-19 pandemic will be the topic of future case studies of hospitality schools

TAMPA, Florida—Current Rocky Point LLC, a special purpose entity affiliated with Tampa-based Caspers Company, has purchased The Current Hotel, an Autograph Collection hotel by Ma