CBRE lowers near-term outlook for hotels amid softened summer demand
LOWER-THAN-EXPECTED summer demand will affect U.S. hotel performance, resulting in a second quarter RevPAR shortfall, according to CBRE. It has revised its 2023 RevPAR...
Motel 6 celebrates 60 years of business
IT’S BEEN SIX decades of keeping the light on for guests by Motel 6. To mark the occasion, the economy brand is thanking its...