Report: All performance metrics up for U.S. hotels in fourth quarter
U.S. EXTENDED-STAY HOTELS set new records for demand, ADR, RevPAR and room revenues in the fourth quarter of 2022, according to a report from...
Best Western’s Cuculic interviewed for inaugural “Leadership Series” video
Elevating the team
Best Western’s Cuculic shares industry insights in inaugural “Leadership Series” interview
Recently, Larry Cuculic, president and CEO of BWH Hotel Group, sat down...
Choice withdraws support for AAHOA over franchising position
CHOICE HOTELS INTERNATIONAL has become the second hotel company to withdraw its support for AAHOA over the association’s 12 Points of Fair Franchising. Specific...
AAHOACON23 breaks record for exhibit space sold
AAHOA’S NEXT ANNUAL conference and tradeshow, set for April 11 to 14 in Los Angeles, already has set a record for the number of...
Peachtree contracts with HOS Management to operate nine hotels
PEACHTREE HOSPITALITY MANAGEMENT entered into a long-term contract with Savannah, Georgia-based HOS Management to operate nine hotels. The hotels are primarily in the Southeast...
Stonehill completes $1.2 billion investments in 2022
COMMERCIAL REAL ESTATE direct lender and Peachtree Group affiliate, Stonehill, completed $1.2 billion in investments in 2022. Most were through loan originations and commercial...
Reports: Recovery will continue in 2023 despite possible downturn
THE HOTEL INDUSTRY is poised for a fairly strong year in 2023 despite remaining concerns about a downturn, according to a pair of reports....
CBRE forecasts enhanced RevPAR growth in 2023 despite economic headwinds
DESPITE PROJECTIONS OF persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons forecast calls for a 5.8 percent increase in RevPAR...
IHG donates $500,000 to AHLA foundation’s Human Trafficking Survivor Fund
IHG HOTELS & RESORTS donated $500,000 to the American Hotel & Lodging Association Foundation’s No Room for Trafficking Survivor Fund to combat human trafficking....
SHaDPitch competitor acquires Quality Inn in Memphis
REAL ESTATE INVESTMENT competition She Has a Deal 2022 SHaDPitch Today’s Woman competitor Amina Gilyard James recently acquired the Quality Inn in the Raleigh...
