Industry News

THE LATEST HOSPITALITY NEWS

STR: Thanksgiving Holiday Affects U.S. Weekly Hotel Performance

HENDERSONVILLE, Tennessee—Due to the Thanksgiving holiday, U.S. hotel performance came in lower than the previous week and showed mixed comparisons to 2019, according to STR’s latest data through November 26, 2022. U.S. Hotel Performance November 20-26, 2022 Percentage change from comparable week in 2019: Occupancy: 50.4 percent (down 0.5 percent)

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SureStay Hotel Group Surpasses 400 Properties Worldwide

PHOENIX—BWH Hotel Group announced that SureStay Hotel Group has surpassed 400 properties around the world with 250 hotels now open in North America. In the premium economy segment, SureStay Hotel Group is expanding its presence across markets and offers a selection of hotels with different features and amenities. Launched six

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The Morrow Hotel, Curio Collection by Hilton, Opens in Washington, D.C.

WASHINGTON, D.C.—The Morrow Hotel, Curio Collection by Hilton, has opened its doors. The hotel brings art-based accommodations, dining, and nearly 12,000 square feet of meetings and events space to NoMa, one of Washington, D.C.’s creative districts. From Trammell Crow Company and MetLife Investment Management, The Morrow marks a new era

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This Week’s Comings & Goings

IHG Hotels & Resorts appointed Peter Palli as senior vice president, property owner, and stay experience products and platforms. In this role, Palli will lead the team responsible for developing technology solutions that enhance the on-property experience. McKibbon Hospitality has announced the promotion of two corporate leaders: Lynn Prater has

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STR: Thanksgiving Holiday Affects U.S. Weekly Hotel Performance

HENDERSONVILLE, Tennessee—Due to the Thanksgiving holiday, U.S. hotel performance came in lower than the previous week and showed mixed comparisons to 2019, according to STR’s latest data through November 26, 2022. U.S. Hotel Performance November 20-26, 2022 Percentage change from comparable week in 2019: Occupancy: 50.4 percent (down 0.5 percent) ADR: $135.49 (up 20.4 percent) RevPAR: $68.27 (up 19.9 percent) Among the Top 25 Markets, Minneapolis reported the largest occupancy increase over 2019 (up 7.6

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SureStay Hotel Group Surpasses 400 Properties Worldwide

PHOENIX—BWH Hotel Group announced that SureStay Hotel Group has surpassed 400 properties around the world with 250 hotels now open in North America. In the premium economy segment, SureStay Hotel Group is expanding its presence across markets and offers a selection of hotels with different features and amenities. Launched six years ago, SureStay Hotel Group has remained a fast-growing brand that offers travelers consistent levels of comfort, cleanliness, and service. “Economy hotel development has proven

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The Morrow Hotel, Curio Collection by Hilton, Opens in Washington, D.C.

WASHINGTON, D.C.—The Morrow Hotel, Curio Collection by Hilton, has opened its doors. The hotel brings art-based accommodations, dining, and nearly 12,000 square feet of meetings and events space to NoMa, one of Washington, D.C.’s creative districts. From Trammell Crow Company and MetLife Investment Management, The Morrow marks a new era for NoMa’s 3rd Street District, which is a hub of culture, culinary options, and experiences for locals and guests alike. “We set out, along with

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Mumford Company Completes Sale of Two Limited-Service Hotels in Virginia

NEWPORT NEWS, Virginia—Mumford Company completed the sale of two limited-service hotels in Virginia’s Shenandoah Valley. In two separate transactions, Mumford Company represented Dominion Lodging, Inc, in the sale of the Sleep Inn of Staunton, Virginia, to HWY81 Hotel, LLC, and the nearby Best Western of Staunton to North Star BW Staunton, LLC. Both purchasers are regional hotel owners and operators with portfolios across the mid-Atlantic region. Each property will retain its current brand affiliation after

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Benchmark Resorts & Hotels Reports 2023 Outlook for Group and Meeting Trends

BOSTON and THE WOODLANDS, Texas—From the demand for outdoor meeting spaces to less prescriptive social gatherings, Benchmark Resorts & Hotels, the independent division of Pyramid Global Hospitality, has tapped over 60 of its properties to gauge their outlooks for meetings in 2023 and find the trends driving group travel. Per Eric Gavin, chief commercial officer of the luxury & lifestyle division of Pyramid Global Hospitality, “There has been a huge surge in group demand for

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This Week’s Comings & Goings

IHG Hotels & Resorts appointed Peter Palli as senior vice president, property owner, and stay experience products and platforms. In this role, Palli will lead the team responsible for developing technology solutions that enhance the on-property experience. McKibbon Hospitality has announced the promotion of two corporate leaders: Lynn Prater has been promoted to executive vice president of revenue generation, and Michael Thomas has been promoted to vice president of business intelligence and technology. In addition,

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