Industry News

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 10.5 percent in December to a level of 6,760. For 2023, the stock index was up 38.4 percent. “Ho

HILTON HEAD ISLAND, South Carolina—The Westin Hilton Head Island Resort & Spa announced that the completion of its renovation, in which the team reimagined the resort’s exi

COLUMBUS, OHIO—Red Roof announced its latest fully woman-owned franchise since launching its RIDE with Red Roof initiative. The HomeTowne Studios Madison, Alabama, formerly known

CHICAGO, Illinois, and ORLANDO, Florida—Scarlett Hotel Group and Everwood Hospitality Partners announced a partnership to leverage their combined resources and knowledge of the h

DALLAS—G6 Hospitality renewed and expanded its efforts to combat human trafficking and raise awareness around the issue. This month, G6 Hospitality will launch a new version of i

WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through Jan. 6, 2024. U.S. Hote

ATLANTA, Georgia—Noble Investment Group announced that it held the final closing for Noble Hospitality Fund V, L.P. (Noble Fund V). This is the fifth of Noble’s flagship series

ASPEN, Colorado—Aspen Meadows Resort launched its partnership with the Salamander Collection brand, opened West End Social, and implemented an updated arrival experience. Salaman

ARLINGTON, Virginia—Knowland released the top market performance numbers for December, citing San Diego as having the highest meeting volume improvement with 29.2 percent year-ov

BELLEVUE, Washington—Staypineapple launched an electric vehicle (EV) car-sharing service in partnership with Zipcar. Exclusive for Staypineapple guest use, Zipcar EVs are now ava