Hospitality International’s hihotels expanded in 2020
DESPITE THE CHALLENGES of 2020, hihotels by Hospitality International added 18 properties throughout the U.S. Most are conversions owned by Asian American hoteliers.
The five...
AAHOA, G6 observe Human Trafficking Awareness Day
JAN. 11 IS National Human Trafficking Awareness Day and members of the U.S. hotel industry are recognizing the role they play in preventing that...
New round of PPP loans begins Jan. 11
A LONG-AWAITED new round of Paycheck Protection Program loans will begin on Monday. It will include up to $284 billion for new borrowers and...
Stonehill closed $100 million in CPACE loans in fourth quarter
STONEHILL, AN AFFILIATE of Peachtree Hotel Group, closed on $100 million Commercial Property Assessed Clean Energy loans for nine properties during the fourth quarter....
Hotel associations, Marriott condemn riots at U.S. capitol
RIOTS AT THE U.S. capitol by pro-Trump protestors as Congress convened to certify President-elect Joe Biden’s election drew condemnation from hospitality industry associations and...
Hunter Hotel Conference reschedules for May
THE 32ND HUNTER Hotel Investment Conference has been rescheduled from March to May 10 to 12 at the Atlanta Marriott Marquis. The conference was...
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...
Reports: Hotel profits dropped in November
U.S. HOTELS IN November saw profits plummet as COVID-19 cases surged, according to reports from STR and HotStats. The forecast is that, until the...
Hoteliers keep up the holiday spirit despite 2020’s hardships
THE SEASON FOR giving usually brings out the best in people, and for those in the hospitality business that holiday spirit can come naturally.
In...
Congress passes COVID-19 relief bill, but Trump threatens veto
A $900 BILLION COVID-19 relief bill has passed in Congress and hotel associations say it contains funding desperately needed by the industry. However, Tuesday...