Industry News

TownePlace Suites under construction in southern Illinois

A COMMERCIAL REAL estate developer is building a TownePlace Suites by Marriott in Marion, Illinois. Srini Gundala is the lead partner in the $6.5 million...

PeachState Hospitality sells new Courtyard for $49M

PEACHSTATE HOSPITALITY HAS sold its new Courtyard by Marriott Downtown Dallas for $49 million to Chatham Lodging Trust, a REIT. The 167-room full-service upscale hotel...

TRENDS & ISSUES

STR: Super Bowl will triple hotel rates in Atlanta

THE TEAMS HAVE not yet been chosen, but already STR is predicting heavy crowds for Super Bowl LIII in Atlanta this February. The throng...

U.S. travel rises 3.2 percent in October, but international visits are slowing

TRAVEL TO AND within the U.S. saw more growth in October, but dark clouds are on the horizon for the industry from fears that...

U.S. hotels’ profit per room hit high in October

OCTOBER SAW THE highest profit per room of the year for U.S. hotels, up 3.6 percent over the same time last year to $126.34...

Report: U.S. hotel industry to continue strong growth in 2019

WITH 2019 LITTLE more than a month away, prospects for U.S. hotels in the new year are looking positive, according to CBRE Hotels Americas...

STR Charts Increase in Rooms in Construction

In October, the U.S. hotel industry reported 194,600 rooms in construction, a 6.2 percent year-over-year increase, reported STR. New York City reported 14,300 hotel...

New Study: Women Optimistic About Tech Careers

BOOKING.COM’S GLOBAL study on women in technology shows despite low numbers in the industry many women have a positive outlook on their prospects for...
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CURRENT NEWSLETTER ARCHIVE 05 December 2018
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