Choice completes integration of Radisson portfolio early
CHOICE HOTELS INTERNATIONAL has streamlined its business by integrating the Radisson Hotels Americas portfolio into its franchisee system. The company expects more than 10...
U.S. hotel owners eyeing interest coverage
ACCORDING TO CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery...
AHLA Foundation’s Annual ForWard conference advances women in hospitality
AROUND 1,000 ATTENDEES from across the hotel industry gathered for AHLA Foundation's annual ForWard conference held recently at the Hyatt Regency McCormick Place. This...
Rip Patel is growing the brand
The foundation for Rip Patel’s interest in hotel franchise development was laid in his teen years. Patel, appointed in January as G6 Hospitality’s vice...
SHaD starts 10-city tour to raise capital for women-led hotel projects
REAL ESTATE INVESTMENT competition She Has a Deal (SHaD) started a 10-city tour of U.S. cities to raise equity capital under the name “SHaD...
Unifocus, Nonius integrate workforce management, guest services platforms
UNIFOCUS, A WORKFORCE management system provider led by CEO Moneesh Arora, recently partnered with Nonius, a guest-facing solutions company for hotels, to integrate Nonius’...
Tara Investment sells its Hyatt Place in Greenville, S.C.
TARA INVESTMENTS OF Charlotte, North Carolina, recently sold its Hyatt Place in downtown Greenville, South Carolina. The deal was brokered by Hunter Hotel Advisors...
AHLA’s regional event series rebranded as ‘The Hospitality Show’
THE AMERICAN HOTEL & Lodging Association recently renamed its On the Road series of regional events to The Hospitality Show, providing networking opportunities and...
Stonehill ranked as eighth largest U.S. hotel lender by MBA
STONEHILL, A COMMERCIAL real estate direct lender and Peachtree Group affiliate, is now ranked as the 8th largest U.S. commercial real estate hotel lender...
Wayside Investment to acquire two ESA hotels in Dallas
WAYSIDE INVESTMENT GROUP has announced plans to acquire two Extended Stay America suites properties in Dallas. The transaction, involving a 118-unit hotel and a...