Blackstone Completes Cvent Acquisition

TYSONS, Virginia—Cvent Holding Corp. announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share...

Shift in Strategy: Four Bleisure Must-Haves That Hotel Brands Should Consider

As we continue to notice a rise in blended travel models such as remote work, “bleisure” travel, and full-time nomads, hotel brands will need...
profit

Uptick in Profit: Group Demand and F&B Revenues Drive Gains

After hitting record lows during early points of the pandemic, last year finally presented long-awaited profitability returns for the U.S. hotel industry. Strong demand,...

TPG Hotels Enters Next Phase of Evolution With Perelmuter as President/COO

Moving into the next phase of its evolution following last year’s merger with Marshall Hotels & Resorts, TPG Hotels & Resorts recently tapped industry...

Knowland: Chicago Continues to Lead the U.S. Meetings and Events Industry

ARLINGTON, Virginia—Knowland continued its monthly monitoring of the top 25 markets to identify those that are leading the industry in meeting and event volume....
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels

NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...

Davidson Hospitality Group Recommits to Sustainability

ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants

Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio

BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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