This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
ARLINGTON, VirginiaThe U.S. hotel industry reported negative year-over-year comparisons, according to CoStars latest data through Feb. 8, 2025. U.S. Hotel Performance February 2-8, 2025 Percentage change from comparable week in 2024 Occupancy: 55.9 percent (down.5 percent) ADR: $156.03 (down 2.2 percent) RevPAR: $87.22 (down 2.7 percent) Among the Top 25 Markets, New Orleans reported the largest increases in each of the three key performance metrics: occupancy (up 13.6 percent to 74.2 percent),
NEWTON, MassachusettsSonesta International Hotels Corporation announced the execution of 23 new franchise agreements during the fourth quarter of 2024, representing growth at nine of the companys 13 brands. With 23 franchise agreements executed in Q4, Sonesta maintains strong momentum in expanding awareness and building valuable relationships with owners across the country, said Keith Pierce, executive vice president and president of franchise and development, Sonesta.
MCLEAN, VirginiaHilton Worldwide Holdings Inc. reported its fourth quarter and full year 2024 results. Highlights include: Overview Christopher J. Nassetta, president and CEO of Hilton, said, “We are pleased to report a strong fourth quarter, with both top and bottom line results exceeding our expectations. All segments drove RevPAR outperformance, with strong trends in leisure occupancy, as well as continued growth in business transient and group results, and we expect favorable trends to
BRUSSELSRadisson Hotel Group reported a record-breaking year in 2024 after adding almost 40,000 keys to its global brand portfolio, thereby achieving milestones and further strengthening its footprint. Elie Younes, executive vice president and global chief development officer, Radisson Hotel Group, said, “Despite global geopolitical shifts in 2024, we had a successful year thanks to our relentless efforts to serve our two key customers: the guest and the owner.
While acknowledging some of the economic headwinds the industry is facing, there is plenty of optimism for the year ahead based primarily on strong travel demand patterns, according to C-level executives at ALIS (Americas Lodging Investment Summit), which kicked off yesterday in Los Angeles, California. During an interview with LODGING, Anthony Capuano, president/CEO, Marriott International, emphasized the companys access to real-time consumer spending data from credit card partners as being ind
DALLAS, TexasCoury Holdings secured nine new hotel management agreements across California while growing its leadership team with the appointment of Bo Patel as chief operating officer. With more than two decades of experience in hospitality management, development, and investment, Patel will lead West Coast growth and operations, driving expansion, operations, and brand partnerships for Coury Holdings’ West Coast assets, with a focus on the Concert Hospitality division.
Marriott International, Inc. announced a year of global growth, with a record 123,000 gross rooms openings, net rooms growth of 6.8 percent for the full year 2024, and over 577,000 rooms in the companys development pipeline at year-end. Marriott continued to expand its product offerings across travel purposes and segments. 2024 was a year of incredible growth for Marriott, as we celebrated regional milestones, segment entries, brand expansions, market debuts, and more, said Anthony Capuano, [
ATLANTA, GeorgiaThe Asian American Hotel Owners Association (AAHOA) and the Energy & Environment Alliance (EEA) announced a partnership to help establish unified sustainability standards, benchmarks, and performance metrics tailored to the hotels and lodging sector. AAHOA’s 20,000 members own 60 percent of the hotels in the United States; the EEA’s membership represents around 45,000 hospitality assets globally.
MCLEAN, VirginiaIn a year when Hilton announced new partnerships and acquisitions and developed hotels worldwide, the company set records for growth. Hilton added 973 hotels and nearly 100,000 rooms in 2024, the single biggest increase in rooms in Hiltons more than 100-year history, achieving net unit growth of 7.3 percent. Hilton also strengthened its development pipeline, signing more than 1,430 hotels representing 154,000 rooms in 2024.
DALLAS, TexasA new report by SiteMinder found that hotel websites outperformed all other booking sources in driving revenue per booking in 2024 by as much as 60 percent. The report, SiteMinders Hotel Booking Trends, is based on more than 125 million reservations and showed that hotel websites produced an average of $519 per booking for hotels last year.
Hotel construction in the United States hit historic levels in the fourth quarter of 2024, according to Lodging Econometrics‘ (LE) latest Hotel Construction Pipeline Trend Report. The total pipeline reached 6,378 projects, a new project record, with 746,986 rooms, showing year-over-year (YOY) growth of 7 percent in projects and 8 percent in rooms.
Completed in January, the renovation of the Fairmont Kea Lani in Maui, Hawaii, utilized locally sourced materials and indigenous motifs in spaces such as the striking lobby. We wanted to create a design that was authentically Hawaiian and evoked the unique spirit of the island, said Regan McLean, NCIDQ, senior designer at Parker Torres Design Inc., who led the project.
CHARLOTTE, North CarolinaExtended Stay America celebrated its 30th anniversary of providing affordable accommodations for guests seeking long-term stays. Since opening its doors in 1995, Extended Stay America has committed to meeting the needs of extended-stay guests. For three decades, Extended Stay America has been exclusively dedicated to serving extended stay travelers with affordability, convenience, and genuine care, said Greg Juceam, president and CEO, Extended Stay America.
KANSAS CITY, MissouriAvion Hospitality, a nationally recognized hotel management company, today announced the company has been awarded management of the newly rebranded Hotel Savoy Kansas City, Tapestry Collection Hotel by Hilton. The former 21c Kansas City underwent a transformation to become part of Hiltons Tapestry Collection, a curated portfolio of unique and distinctive hotels known for their individuality, charm, and boutique experiences.
ATLANTA, GeorgiaOfficials of Woodworth Core Group (WCG), a leading provider of customized lodging research, valuation and advisory services, announced that Timothy J. Dick, PhD, has joined the firm in their Atlanta office as executive vice president. WCG Principal R. Mark Woodworth stated, We continue to focus on providing seasoned expertise to our clients.
AUSTIN, TexasKnowland by Cendyn released December monthly data findings to help hoteliers gain insight into the top locations selected by todays meeting planners. The company announced St. Louis, Missouri/Illinois ranked first in the top 25 markets with year-over-year (YOY) growth at 125.8 percent. Nashville came in second with growth at 28 percent.
MIAMI, FloridaDriftwood Capital has secured a total of $207 million in senior construction financing and Commercial Property Assessed Clean Energy (C-PACE) financing for its Westin Cocoa Beach Resort & Spa on Floridas Space Coast. After breaking ground in September 2024, the $420 million, 502-key resort is part of Driftwoods decade-long investment to grow the region’s hospitality profile and meet demand.
NEWTON, MassachusettsSonesta announced that it added 37 new franchised hotels to the companys global portfolio during the second half of 2024. The new hotels, with a total of more than 3,300 rooms, include (in order of opening): “The addition of 37 new franchised hotels in the second half of 2024 speaks to Sonestas impressive growth, driven by our commitment to excellence for our franchise partners across our brand portfolio,” said Keith Pierce, executive vice president […] The
RIU Hotels & Resorts announced it’s offering Upgrade’s Flex PayBook Now Play Later Options to its guests. RIU, which is owned by the Riu family, specializes in holiday resorts with over 80 percent of its establishments offering its All Inclusive by RIU service. The partnership gives travelers the ability to spread the cost of their vacation over time and provides RIUs guests with an all-inclusive vacation paid for in monthly installments through Flex Pay.
Grand Hyatt Scottsdale Resort announced the appointment of Stuart Evans as director of sales and marketing. Evans joined the property as it completed a renovation and recently served as vice president of sales at Visit Phoenix. Pendy West Hollywood announced the appointment of Mgeni Mpolo as director of sales and marketing. Mpolo will oversee all aspects of sales and marketing while working on brand awareness and revenue goals.
MONTERREY, MexicoKimpton, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, announces plans for a new boutique luxury hotel and branded residences in the bustling urban destination of Monterrey. As the brands sixth property planned for Mexico, Kimpton Monterrey will be located in the new-build mixed-use Torre Rise, set to be the tallest tower in Latin America.
AUSTIN, TexasShiny, a leading provider of associate engagement and retention software, today released its second annual report on tipping for the hospitality industry.Entitled Harnessing Tipping Data to Empower and Motivate Hospitality Workers, the report offers a comprehensive analysis of tipping behaviors and patterns across a diverse sample of hotels utilizing Shiny’s digital tipping software.
Hotel properties have a continuous flow of guests, which necessitates safeguarding everyone on the premises with comprehensive security measures. Trying to balance a warm and welcoming environment with security that is non-disruptive to guests is challenging to hotel security teams with the ebb and flow of people and activities occurring every day at all hours.
NASHVILLE—STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 percentage points to +1.5 percent and down 0.6 ppts to +1.4 percent, respectively. Occupancy for the year was lowered 0.1 percentage point to 62.9 percent, after the previous forecast projected the metric to remain steady from 2023.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. announced two new contracts as part of its Supporting Ownership Access and Representation (SOAR) program, which aims to help empower and support hotel ownership for underrepresented entrepreneurs. The new contracts—a WoodSpring Suites in Truth or Consequences, New Mexico, and a Rodeway Inn in Effingham, Illinois—are part of the 17 SOAR contracts signed year-to-date.
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a.5 percent increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2 percent in August.
DALLAS, Texas—SiteMinder has released its Changing Traveler Report 2025, which reported that 37 percent of U.S. travelers plan to book their 2025 stays directly, either via a hotel’s website (23.5 percent) or by contacting the property by phone or email (13 percent). This figure exceeds the global average of 27 percent, and rises to 57 percent among those over the age of 60.
With both fraudsters and guests engaging in bad behavior, chargebacks are becoming all too common for hotels—to the point where many merchants have given up the fight in combatting them. But now more than ever, hoteliers have the tools to protect and earn back revenue, and it starts with proactive preparation. Missteps can affect a merchant’s bottom line, but easy changes can have a significant impact.
While “big box” hotels and major resorts often employ dedicated security personnel, the staff budget for smaller properties typically does not allow for those roles, especially with the rising wages brought about by the labor shortage. Thus, building a “security culture” among all onsite staff is even more critical at smaller hotels. Advocating this method is Klaudio Simic, vice president of operations for Practice Hospitality.
The new Hotel Polaris at the U.S. Air Force Academy, managed by CoralTree Hospitality, is preparing for takeoff on Nov. 14. In the spirit of its landmark location, the 375-room resort-style hotel promises to be an ever-modern experience where the grandeur and magnitude of the Academy and Rocky Mountains are accessible to all visitors. Guests can pilot their own unique experiences as the hotel will feature the only immersive flight simulators at a hotel in […] The post Hotel Polaris at the
The laundry room is a major hub of housekeeping operations, and highly efficient washers and dryers can save labor time and costs, while supporting sustainability initiatives. Founded in Germany in 1899, Miele, Inc. is one of the world’s most venerable manufacturers of commercial laundry equipment, with 125 years of experience in the European market and about 41 years in the U.S. market through Princeton, New Jersey-based Miele USA.
SAN DIEGO, California—Cloudbeds has released plans to connect every facet of hotel operations into a single intelligence network, powered by causal and multimodal AI. The technology provider’s “smart hospitality engine,” Cloudbeds Intelligence, will sit at the core of its platform, giving hoteliers real-time insights and actionable recommendations across their operations.
ATLANTA—Atwell Suites announced the expansion of its U.S. presence with the upcoming openings of three new hotels in Kansas City, Missouri, Henderson, Nevada, and Fort Worth, Texas. These additions build upon previously opened properties in Miami, Florida; Denver, Colorado; and Austin, Texas, further expanding IHG Hotels & Resorts’ all-suites, upper-midscale hotel brand.
WASHINGTON—The American Hotel & Lodging Association (AHLA) and World Wildlife Fund (WWF) announced a revamped Hotel Kitchen platform that will help hoteliers around the country prevent food waste, protect the environment by diverting food from landfills, and reduce operating costs. The revamped Hotel Kitchen platform will make it easier to reach the goal of cutting U.S. food waste in half by 2030.
WASHINGTON—The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s latest September 2024 data. The post CoStar: U.S. Hotel Rooms Under Construction Increases for Seventh Consecutive Month appeared first on LODGING Magazine.
Having assembled a diverse lineup of extended-stay flags over the past several years through both brand development as well as acquisition, Choice Hotels International is celebrating the opening of its 500th property in the popular segment. The company recognized the milestone at the newly opened Everhome Suites in Glendale, Arizona, which represents the sixth property for the new construction midscale extended-stay brand launched in 2020.
Hoteliers have a lot to consider this budget season. The effects of inflation and the higher interest rates tasked with taming it are being felt by guests, with STR projecting a 6 percent decline in real RevPAR for U.S. hotels compared to 2019. This and other closely related headwinds around the globe have led hoteliers to make difficult decisions regarding their budgets, and they are relying on technology to determine where to strategically reallocate resources […] The post Leveraging Rev
Themed “Accelerate,” the BWH Hotels 2024 Annual Convention began yesterday with a Welcome Reception at the NASCAR Hall of Fame in Charlotte, North Carolina, and continued this morning with the General Session at the Charlotte Convention Center. “My racing analogy applies to every one of you in your hotels. Every day at your hotel is a race to win. … You have to accelerate—accelerate your team’s performance, accelerate your revenue,” urged BWH Hotels President & […] The post Revving Up:
BRECKENRIDGE, Colorado—Hotel Alpenrock Breckenridge, Curio Collection by Hilton, is planned to debut this winter. The 205-room hotel will be located along the base of Peak 9, steps from both the slopes of the Breckenridge Ski Resort and the historic downtown. Hotel Alpenrock will draw inspiration from the high-altitude surroundings including the Rocky Mountains.
Marriott International, Inc. announced the launch of Connect Responsibly with Marriott Bonvoy Events (Connect Responsibly), a program designed to help meeting planners embed sustainability into their events at participating hotels in the Marriott Bonvoy portfolio. Connect Responsibly plans to offer meetings and events customers access to Meeting Impact Reports to measure the environmental impact of their events and select options to purchase carbon credits.
WASHINGTON—The American Hotel & Lodging Association (AHLA) and Procure Impact announced a milestone in the implementation of their Dignity of Work Pledge. Twenty-three hospitality companies have pledged over $7.4 million in purchases to reach the Dignity of Work Pledge goal of 100,000 hours of paid employment for people who face barriers to work.
Marriott International, Inc. and MGM Resorts International announced plans to convert a property on the Las Vegas Strip to the W Hotels brand within the Marriott Bonvoy portfolio, continuing the brand’s evolution. Anticipated to complete its conversion later this year, W Las Vegas marks the latest step in the companies’ long-term licensing agreement announced in July 2023.
For such a small item, a lost key can wreak havoc on hotel security and profitability. Rekeying can cost thousands of dollars, and if theft is involved, factor in the cost of replacing stolen inventory items. Although electronic keys have replaced traditional hotel room keys, there are still hundreds of physical keys on site at any hotel belonging to housekeeping, facilities, security, shipping and receiving, restaurant services, and a variety of other departments.
Having long ago carved its niche within the South Carolina region with a number of full-service properties, Brittain Resorts & Hotels is expanding its management footprint with its sights set on further growth. The Myrtle Beach, South Carolina-based management firm—which was launched in 1943—recently partnered with Provident Hotels & Resorts to third-party manage its portfolio of eight hotels and resorts located throughout Florida.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
245 
Let's personalize your content