August 2023

CoStar: U.S. Hotel Performance Continues to Follow Seasonal Patterns

WASHINGTON—Following seasonal patterns, U.S. hotel performance declined from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through...
hotel construction

Lodging Econometrics: Global Hotel Construction Pipeline Up 3 Percent Year-Over-Year

In the Q2 2023 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts stated that the total global construction pipeline stood at 14,572...

AAA Forecasts Labor Day Weekend Travel to Increase Over 2022

WASHINGTON, D.C.—As summer winds down, many U.S. travelers are heading out of town. AAA booking data for flights, hotels, rental cars, and cruises shows...

2023 Guide to Franchising

As the brand landscape becomes increasingly competitive with more and more choices for hotel owners, LODGING’s annual Guide to Franchising provides a roadmap to help...

KSL Capital Partners Acquires Hersha Hospitality Trust

PHILADELPHIA, Pennsylvania—Hersha Hospitality Trust and KSL Capital Partners, LLC announced a definitive merger agreement entered into on August 27, 2023, under which affiliates of...
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Spire Hospitality Strengthens Leadership Team With the Appointment of Jamelia Lehn as CFO 

Spire Hospitality has appointed Jamelia Lehn, CPA, as chief financial officer (CFO).   In her new role, Lehn will be responsible for all matters related to financial management...

Peachtree Group Thrives Amid Debt Market Dislocation, Anticipates Deploying $1.0 Billion

Peachtree Group (“Peachtree”), a diversified commercial real estate investment firm, announced it has closed approximately $660 million in credit investments since Dec. 1, 2023,...

Mumford Company Reports Strong Start to 2024

Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced today it had a strong start in 2024, with multiple transactions closing in...
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