Industry News
Baron Hospitality acquires Hampton Inn in Birmingham
BARON HOSPITALITY, LED by president Sanjay Patel, recently acquired the Hampton Inn Birmingham/Mountain Brook in Birmingham, Alabama. The company plans a complete renovation of...
Thakor and Deva named to lead Maya Hotels
BROTHERS-IN-LAW Baldev Thakor and JD Deva, after nearly three decades, are handing control of the company they founded, Charlotte, North Carolina-based Maya Hotels, to...
TRENDS & ISSUES
CoStar: Eclipse boosts U.S. hotel performance in second week of April
U.S. HOTEL PERFORMANCE saw an uptick in the second week of April compared to the previous week, driven by the total solar eclipse, according...
CoStar: U.S. hotel performance mixed in first week of April, positive YOY
U.S. hotel performance showed mixed results in the first week of April compared to the previous week, yet displayed positive year-over-year comparisons, according to...
CoStar: U.S. hotel performance dips as anticipated before Easter holiday
U.S. HOTEL PERFORMANCE dipped in the final week of April, as anticipated leading up to the Easter holiday, according to CoStar. Key metrics including...
CoStar: U.S. hotel performance dips in fourth week of March despite YOY gains
U.S. HOTEL PERFORMANCE dipped in the fourth week of March compared to the previous week but showed positive year-over-year comparisons, according to CoStar. Across...
CoStar: U.S. hotel performance up in third week of March despite YOY declines
U.S. HOTEL PERFORMANCE saw an uptick in the third week of March compared to the previous week, although year-over-year figures continued to decline, according...
CoStar: U.S. hotel performance improves in February
THE U.S. HOTEL industry experienced improved performance in February compared to the previous year, according to CoStar. Despite a slight decrease in occupancy, both...