Wyndham Adds Seven Hotels Owned by The Thrash Group to its Namesake Brand
PARSIPPANY, N.J. — Wyndham Hotels & Resorts announced plans for further growth with seven new hotel franchise agreements for its namesake Wyndham brand in...
HotStats: Hotels in Middle East and Asia-Pacific End 2020 on a High Note
LONDON — Hotstats recently released its global hotel performance data for December and full year 2020. The U.S. hotel industry returned to break-even profit...
Hotstats: U.S. Hotel Industry Breaks Even in December
LONDON — The U.S. hotel industry returned to break-even profit in December, according to the latest report from Hotstats. December's gross operating profit per...
Accor Partners With Faena Group to Expand the Lifestyle Brand Globally
PARIS — Alan Faena and Len Blavatnik of Faena Group along with Sébastien Bazin, chairman and CEO of Accor, announced this week the launch...
Le Meridien Chambers Minneapolis to Go Independent Following Sale
MINNEAPOLIS — Hodges Ward Elliott (HWE), a boutique real estate capital markets advisor, arranged the sale of Le Meridien Chambers Minneapolis, a 60-room hotel...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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