Tag: hotel industry
U.S. Hotel Performance Lowered in January 2024
WASHINGTON—The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar.
January 2024
Percentage change from January 2023:
Occupancy: 51.9...
Raines Takes Growth to Next Level After 35 Years of Operating
You can’t succeed and thrive for 35 years and multiple generations without learning to pivot and adapt to change, and Raines has certainly done...
AHLA Announces Five Promotions Among Leadership Team
WASHINGTON—The American Hotel & Lodging Association announced five promotions among its leadership team.
Matt Carrier was promoted to senior vice president of federal affairs, policy,...
Aimbridge Hospitality Updates U.S. Operations, Shifts Teams
PLANO, Texas—Aimbridge Hospitality outlined plans to streamline its U.S. operations, including adding an Owner Relations team to its structure and moving to two focused...
CoStar: P&L Data Shows Improvement in Group Business
WASHINGTON—Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023...