Sonesta, RLH Corp. to merge in $90 million transaction

RLH CORP., PARENT company for brands including Red Lion Hotels, GuestHouse and Knights Inn, has agreed to merge with Sonesta International Hotels for $90...

Expedia: Outdoors, leisure destinations are top choices now

AS HOLIDAY TRAVEL planning is underway for Thanksgiving and Christmas, sunny beachside destinations across Mexico, the southern U.S. and the Caribbean, have emerged as...

Second quarter brings losses, some hope for hotel companies

SEVERAL PUBLICALLY TRADED hotel companies announced their second quarter performance this week. Each showed losses reflecting the impact of the COVID-19 pandemic that is...

Survey: Asset managers optimistic about the future

IT’S TURNING OUT to be a good spring leading into a promising summer for U.S. hotels, according to a survey from the Hospitality Asset...

Report: COVID-19 pandemic will lead to more loan defaults

AS THE COVID-19 pandemic tears through the U.S. economy, one more result will be an increase in loan defaults, according to Trepp research firm....

Young hoteliers donate facemasks to hospitals

A GROUP OF 12 young hoteliers came together to donate 25,000 facemasks to hospitals in their home states, California, Texas, Oregon and Washington. The...

કોવિડ-૧૯ની રાહતોમાં સુસ્તી વચ્ચે કોંગ્રેસ સરકારના દરવાજા ખુલ્લા રાખવામાં સફળ

કોંગ્રેસ શુક્રવારે સંઘીય સરકારના દરવાજા વધુ એક સપ્તાહ માટે ખુલ્લા રાખવામાં સફળ થઈ હતી, પરંતુ તેણે સંઘર્ષ કરવો પડ્યો હતો. હોસ્પિટાલિટીઉદ્યોગને કોવિડ-૧૯ રાહતના નવા...

CBRE breaks down hotels’ recovery from COVID-19 downturn

WHILE THE LITTLE signs of recovery the U.S. hotel industry had been experiencing recently may be on hold as a result of a recent...

HotStats: U.S. GOPPAR remains negative in July

GOPPAR REMAINED BELOW zero for U.S. hotels in July, according to HotStats global P&L data for the month. There was some good news in...

ટેક્સાસ અને લુઈસીઆનામાં હરિકેન લૌરાના ખતરાના પગલે ઈવેક્યુઈઝના ધાડા

લુઈસીઆનાના લેક ચાર્લ્સ ખાતે હરિકેન લૌરાના જોખમના કારણે મંગળવારે, વાવાઝોડું ત્રાટક્યું તે અગાઉ ઈવેક્યુઈઝ બસમાં બેસવા માટે રાહ જોઈ રહ્યા જણાય છે. તસવીર સૌજન્ય...