acquisitions

Braintree Group Acquires Three Properties Totaling 330 Rooms

BOISE, Idaho—Braintree Group announced the acquisition of three properties, adding 330 rooms to its growing hospitality portfolio. Resolute Road Hospitality will manage all three...

Marriott International Reports Q2 2023 Results

Marriott International, Inc. reported second-quarter 2023 results. Highlights include: Second quarter 2023 comparable systemwide constant dollar RevPAR increased 13.5 percent worldwide, 6.0 percent in the...
MCR

MCR Acquires Two Hotels in Phoenix, Arizona

NEW YORK—MCR has acquired two hotels in or near Phoenix, Arizona: the 169-room Holiday Inn Express & Suites Scottsdale – Old Town and the...
JW Marriott Dallas Arts

JW Marriott Dallas Arts District Opens

The JW Marriott Dallas Arts District opened, marking the brand’s debut in the cultural arts scene in Dallas, Texas. The hotel is located near...

CoStar: U.S. Hotel Occupancy Reaches Highest Level Since 2019

WASHINGTON—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through July 22, 2023. U.S....
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TV

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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