Report: Extended-stay hotels see record demand, revenue despite Q3 occupancy dip
U.S. EXTENDED-STAY HOTELS posted record-high demand, ADR and RevPAR despite reporting a third consecutive occupancy decline during the third quarter of 2024, according to...
NexGen acquires Maritime Hotel Fort Lauderdale in Florida
NEXGEN HOTELS RECENTLY acquired The Maritime Hotel Fort Lauderdale Airport & Cruiseport in Fort Lauderdale, Florida. The 150-room hotel will be renovated and rebranded...
ન્યૂયોર્કના મેયરે ઉદ્યોગના વિરોધ વચ્ચે ‘સેફ હોટેલ્સ એક્ટ’ પર હસ્તાક્ષર કર્યા
ન્યૂ યોર્ક સિટીના મેયર એરિક એડમ્સે 4 નવેમ્બરે સેફ હોટેલ્સ એક્ટ પર હસ્તાક્ષર કર્યા હતા, જેમાં શહેરના પાંચેય ઝોનમાં આવેલી હોટલોને ઓપરેટિંગ લાયસન્સ મેળવવાની...
હોટેલ એસોસિએશનોના નવા ચૂંટાયેલા પ્રમુખ ટ્રમ્પને અભિનંદન
ડોનાલ્ડ ટ્રમ્પ જાન્યુઆરીમાં બીજી ટર્મ માટે અમેરિકન પ્રમુખપદે પુનરાગમન કરશે, જે ગ્રોવર ક્લેવલેન્ડ પછી આવું કરનાર પ્રથમ વ્યક્તિ બનશે. હોટેલ એસોસિએશનો જેમ કે AAHOA...
Survey: Inflation concerns may impact hotels during upcoming holidays
APPROXIMATELY 52 PERCENT of Americans plan to travel overnight for leisure during the upcoming holidays, according to a recent American Hotel & Lodging Association...
DirecTV Hospitality is AHLA’s Gold Partner
DIRECTV HOSPITLITY AND the American Hotel & Lodging Association recently signed a multiyear agreement establishing DirecTV as the association’s Gold Partner. The partnership combines...
NYC mayor signs ‘Safe Hotels Act’ into law amid industry protests
NEW YORK CITY Mayor Eric Adams signed the Safe Hotels Act on Nov. 4, requiring hotels across the five boroughs to obtain operating licenses....
Cendyn: Phoenix tops M&E markets in October with 19.7 percent growth
PHOENIX RANKED FIRST among the top 25 markets with 19.7 percent year-over-year growth in October, according to Cendyn’s Sales Intelligence platform, formerly Knowland. This...
Hyatt posts Q3 net income of $471 million
HYATT HOTELS CORP. reported a third-quarter net income of $471 million, with adjusted EBITDA of $275 million—an 8.9 percent increase over the same period...
Choice hits record $428 million Q3 revenue with strong pipeline
CHOICE HOTELS INTERNATIONAL reported a record $428 million in third-quarter revenue, a 1 percent increase from last year. Net income rose 15 percent to...