RLJ Lodging Trust’s Hale wins Castell Award
HOSPITALITY INVESTMENT EXECUTIVE Leslie Hale has won the third annual Castell Award instituted by the American Hotel & Lodging Association Foundation, a statement said....
NewcrestImage to acquire four LaQuinta hotels
DALLAS-BASED INVESTMENT firm NewcrestImage will acquire four LaQuinta-branded hotels in a joint venture between Highgate and Cerberus. The properties, with 696 rooms total, include...
AHLA trafficking survivors fund receives $1 million donation from major hotel companies
THREE MAJOR U.S. hospitality firms have donated $1 million to the No Room for Trafficking Survivors Fund by the American Hotel & Lodging Association...
AAHOA makes changes to leadership structure
AAHOA MADE CHANGES to two leadership positions Monday with a promotion and a new hire. Heather Carnes to executive vice president for communications and...
Exec Survey: Reducing business travel saves short-term, costs long-term
OVER HALF OF large company CEOs believe that reducing business travel may give short-term savings but will impact revenue in the long-term, according to...
Survey: 97 percent of AHLA members experiencing staffing problems
STAFFING PROBLEMS CONTINUE for 97 percent of American Hotel & Lodging Association members, according to a recent survey. In response, AHLA is expanding its...
HotStats: Zero-based budgeting is essential amid volatility
ZERO-BASED BUDGETING is essential for hotels amid near- and long-term volatility, according to a blog from HotStats. The blog also suggested that hoteliers need...
Report: Boutique hotels make more RevPAR than traditional hotels
BOUTIQUE HOTELS GENERATED more annual RevPAR than traditional hotels in the U.S. last year, according to a report from consulting agency The Highland Group....
Hotel Property Taxes – An Opportunity to Cut a Cost
ACCORDING TO THE March 2022 edition of CBRE’s Hotel Horizons national forecast report, the total revenue for a typical U.S. hotel is not expected...
AAA: 47.9 million people to travel during Independence Day weekend
AS MANY AS 47.9 million people will travel 50 miles or more from home over the Independence Day weekend from June 30 to July...