Industry News

WASHINGTON—U.S. hotels are projected to generate record levels of federal, state, and local tax revenue this year while paying employees historic totals of wages, salaries, and o

ORLANDO, Florida—Texas hotelier Miraj S. Patel, MBA, CHO, CHIA, was named the newest Chairman of the AAHOA (Asian American Hotel Owners Association) 2024-25 Board of Directors, a

While there are still many unknowns regarding the economy, STR’s data points to further stabilization for the U.S. hotel industry. Aligned with record highs in ADR and RevPAR, to

BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley, Ari

BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii. W

ATLANTA—Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, announced it will open a new boutique hotel in Santo Domingo. Markin

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of two new upper-midscale Sonesta Essential hotels in March. Sonesta Essential Morgantown is

ARLINGTON, Virginia—Knowland reported that the St. Louis, Missouri-Illinois market led the top 25 markets in March for meetings and events growth with 24.3 percent year-over-year

When hoteliers aim to enhance sustainability, energy and water conservation typically come to mind first, as those are the most well-trodden paths to both operational savings and e

WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through March 30, 2024. U.S. Hote