USTA urges removal of pandemic-era restrictions
THE U.S. TRAVEL ASSOCIATION wants the federal government to replace pandemic-era restrictions with endemic-focused policies to enable full and free travel. That was one...
HotStats: U.S. hotels’ GOPPAR in February highest since October
GOPPAR OF U.S. hotels hit $65.98 in February, its highest point since October last year and more than $40 more than in January, but...
Stonehill ranked as 10th largest U.S. hotel lender by MBA
COMMERCIAL REAL ESTATE lender Stonehill is ranked as the 10th largest U.S. commercial real estate hotel lender by origination volume based on the 2021...
Auro Hotels acquires Residence Inn in Atlanta
AURO HOTELS RECENTLY ACQUAIRED the Residence Inn by Marriott Atlanta Buckhead/Lenox Park. Hunter Hotel Advisors helped broker the deal, which it said is another...
Survey: Most travelers and workers want to bring back business travel
TRAVELERS AS WELL as hoteliers are ready for business travel to get back to normal, according to the American Hotel & Lodging Association. Nearly...
Finalists announced for 2022 ‘She Has a Deal’ competition
REAL ESTATE INVESTMENT competition “She Has a Deal” announced six teams to the final round of SHaDPitch 2022. SHaD is focused on promoting female...
Castell Project, AHLA Foundation announce merger
THE CHARITY WING of American Hotel & Lodging Association, the AHLA Foundation, announced merger with the Castell Project to strengthen and accelerate the industry’s...
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...