Hotel Operations Technology

IHG Reports Q1 2023 Trading Update

IHG Hotels & Resorts released its Q1 2023 trading update. Highlights from the results include: Q1 group RevPAR up 33 percent versus 2022 with Americas...
Money puzzle

Hyatt Hotels Corporation Reports Q1 2023 Financial Results

CHICAGO—Hyatt Hotels Corporation reported first quarter 2023 financial results. Highlights include: Net income was $58 million in the first quarter of 2023 compared to a...
Seattle

Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle

BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 million to...
finance

Choice Hotels International Reports Q1 2023 Financial Results

ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its first quarter 2023 results. Total revenues reached $332.8 million for the first quarter of 2023, a first-quarter record...

Marriott International Reports Q1 2023 Financial Results

Marriott International, Inc. reported first-quarter 2023 results. Anthony Capuano, president and CEO, said, “We are off to a great start in 2023. First quarter worldwide...
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Choice Hotels Publishes 2023 ESG Report

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
Mr & Mrs Smith

World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith

CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
hotel construction

Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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