Peachtree Hotel Group acquires seven new hotels
PEACHTREE HOTEL GROUP added seven hotels to its portfolio this week for $135 million. Three of the hotels also are part of Peachtree’s third...
CBRE now forecasts RevPAR will regain 2019 levels by third quarter
A STRONGER THAN expected performance by U.S. hotels in the fourth quarter of 2021 led CBRE Hotels Research to upgrade its forecast for the...
Marriott, Hyatt stop operations in Russia over Ukraine invasion
MAJOR U.S. HOTELS firms Marriott Hotels & Resorts and Hyatt Hotels Corp. announced that they are ceasing operations in Russia due to its ongoing...
Woman-led business provides affordable design work
OWNERS OF ECONOMY brand hotels may not always think about improving the appeal of their properties, and up until now their options for interior...
Travel leaders discuss recovery with commerce deputy secretary
THE U.S. TRAVEL Association led a delegation of 11 travel industry leaders to U.S. Deputy Secretary of Commerce Don Graves on March 8 to...
USTA, AHLA welcome $1.5 trillion government spending bill
THE U.S. SENATE and House passed a $1.5 trillion government-funding package last week that includes some much-needed relief for the hospitality industry, two associations...
Vision Hospitality to celebrate 25th anniversary in April
VISION HOSPITALITY GROUP will celebrate its 25th anniversary in April. The company, led by Mitch Patel as president and CEO, is now making plans...
Report: Black people made little progress in hospitality industry
BLACK PEOPLE MADE little progress in the hospitality industry over the past year, according to a report from diversity advocacy group the Castell Project....
Wyndham’s ‘Women Own the Room’ helps women to hotel ownership
MARCH IS WOMEN’S History Month, a time to focus attention on women’s role in business and society. It also is the second month for...
AAHOA welcomes Biden administration’s efforts to strengthen supply chain
JUST OVER ONE year ago, President Biden signed an executive order directing an “all-of-government approach” to assessing the status of the nation’s supply chains...