The Latest
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Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
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Global hotel transaction volume reaches $42B in Q3: JLL
Strong group travel demand, impending debt maturity and other factors will catalyze hotel investment for the remainder of the year and beyond.
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What hospitality providers can expect this holiday travel season
Travelers plan to take more and longer trips this holiday season, though how they travel — and what they prioritize at hotels — is changing.
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Historic Fairmont hotel reopens in Southern California
The 185-room Fairmont Breakers Long Beach opened after a multimillion-dollar transformation of a landmark property.
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Las Vegas’ Rio Hotel & Casino joins Destination by Hyatt
Following the first phase of a $340 million renovation, the luxury resort — in a “vibrant” location for leisure, convention and group travel — has transitioned under Hyatt’s Independent Collection.
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Hotel Tech-in: An ROI calculator for green renovations
Hotels often need to make a business case for retrofits and renovations that would reduce their emissions. Schneider Electric designed a calculator to make it easier for them to do that.
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Grand Hyatt brand opens in Utah ski destination amid strategic growth
The opening of Grand Hyatt Deer Valley in Park City comes as Hyatt aims to bring luxury and lifestyle offerings to new leisure and business markets.
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Driftwood Hospitality Management appoints execs to specialized leadership roles
The hotel management company appointed a chief operating officer, a chief strategy officer and a vice president of operations following the creation of specialized divisions.
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San Francisco hotel labor disputes continue following more strike votes
Some 500 Marriott hotel workers voted to authorize further strikes in the California city, which already has 2,000 union workers off the job.
Updated Nov. 26, 2024 -
STR, Tourism Economics downgrade 2024 RevPAR growth outlook
Based on current economic conditions, upper-tier hotels will continue to drive industry performance, but the changing presidential administration could alter 2025 growth patterns.
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LuxUrban to get $7M capital infusion following year of legal, financial troubles
The company plans to form a joint venture with Lockwood Development Partners and Bright Hospitality Management that will bring investment and property enhancements to two of its New York City properties.
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Are hotels a worthy investment for travel centers? Onvo thinks so.
As the retailer builds its first ground-up hotel adjacent to one of its truck stops, competitors like Love’s and TA are exiting the lodging business.
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Marriott’s Renaissance brand debuts locally sourced digital marketplace
The global platform, R Finds, aims to create meaningful experiences for guests, who increasingly seek engagement with the culture of their destination.
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IHG’s Voco brand converts Atlanta’s Darwin Hotel
The upscale property is the brand’s first in Atlanta as IHG Hotels & Resorts pushes expansion of its conversion-friendly brands nationwide.
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Kid-friendly hospitality could be a $175B opportunity for hotels
Offering more amenities for children can boost hotel revenue and drive lifelong loyalty for urban luxury hotels, per Wanderland’s Kids Hospitality Report.
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Travel center operator Love’s to sell its hotels by early 2025
The company determined this summer that it would offload the 19 properties by Q1 of next year to focus more on its convenience stores, restaurants and truck care solutions, a spokesperson said.
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Marriott lays off workers amid larger organizational restructuring
Marriott cut 833 employees, which online forum users say “decimated” select departments, amid a companywide process to enhance efficiency.
Updated Nov. 18, 2024 -
Mandarin Oriental taps Tiffany Cooper as Americas development head
The former Aimbridge and Kimpton Hotels development leader will drive Mandarin Oriental’s portfolio growth across North America, focusing on the U.S.
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Hard Rock opens first hotel, casino in Virginia
The reported $500 million Hard Rock Hotel & Casino Bristol features more than 300 hotel rooms and seven dining options.
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Virgin Las Vegas workers strike ahead of Formula 1
Some 700 union employees walked off the job Friday after negotiations resulted in proposals that were “miles apart,” according to the Culinary Union.
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Viceroy rebrand focuses on storytelling through experiences
The luxury hospitality brand is revamping its experiential offerings and growing its portfolio to new destinations.
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Q3 strongest quarter for group business this year
A boost in room nights and ADRs lifted Cendyn and Amadeus’ Hospitality Group and Business Performance Index to its highest rating in four quarters.
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Choice Hotels continues upscale push with Cambria openings, groundbreakings
The upper-tier brand expansion, including to new markets, comes as Choice aims to meet changing demand from travelers, hotel owners and developers.
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Grand Hyatt Scottsdale unveils $115M renovation, rebrand
The revamped property — the first Grand Hyatt hotel in Arizona — is part of Hyatt’s strategic luxury and lifestyle push.
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Design Hotels grows US presence with portfolio expansion
The Marriott subsidiary signed 29 independent hotel agreements globally over the last 12 months, in markets including New York City and Nashville.