Hotstats: The Hotel Industry is Recalibrating and Reassessing
Just over a year after the World Health Organization declared COVID-19 a pandemic, the global hotel industry is slowly stirring from hibernation and seeing...
Olive Tree Holdings Launches Olive Tree Hotels & Resorts
NEW YORK — New York-based real estate investment firm Olive Tree Holdings announced the launch of Olive Tree Hotels & Resorts, a fully integrated...
La Quinta by Wyndham Selma Opens as the Brand’s 120th Hotel
PARSIPPANY, N.J. – Wyndham Hotels & Resorts, with over 8,900 hotels across nearly 95 countries, announced the opening of La Quinta by Wyndham Selma,...
PMZ Realty Capital Arranges Loan for the Hilton Garden Inn Albany
NEW YORK – PMZ Realty Capital LLC, a national boutique real estate investment banking firm, has arranged a $12,000,000 non-recourse loan for the Hilton...
STR: U.S. Hotels Record Highest Performance Since the Pandemic Began
HENDERSONVILLE, Tennessee — The U.S. hotel industry showed its highest performance levels since the beginning of the pandemic, according to March 2021 data from...
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Marriott Plans to Add 100 Properties in Europe Through 2026
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership
When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just...
Cvent Passkey to Integrate With Maestro’s PMS Solution
TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution....
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