Crescent Hotels & Resorts has added the Hotel Indigo Austin Downtown – University and Holiday Inn Express Austin Downtown – University to its portfolio. The dual-branded property is located within the city’s Red River Cultural District. Located near the Texas State Capitol, University of Texas at Austin and the 6th Street entertainment district, the 149-room Hotel Indigo Austin … [Read more...]

Extended Stay America has opened the Extended Stay America Premier Suites – Harrisonburg located in Rockingham, VA. The property was developed and will be managed by the owner, KARA Hospitality. The four-story, 92-room newly constructed hotel features free WiFi, complimentary healthy breakfast, premium cable, 24-hour fitness room, onsite guest laundry, a dedicated pet area, a grill and picnic area … [Read more...]

For the first time in four years, the Federal Reserve has cut interest rates. The half-percentage-point cut was welcome news to the industry, which has seen relatively high rates as one cause of a slowdown in hotel transactions. Hotel Business reached out to industry leaders to get their reaction to the rate cut and what it means for the long and short term. Here’s a look: “Current economic and … [Read more...]

New Castle Hotels & Resorts has reopened The LaSalle Hotel in Bryan, TX, following a top-to-bottom, multimillion-dollar reimagination. Built in 1928, the 55-room, historic hotel is located in downtown Bryan, a recognized Texas Cultural District and sister city to College Station, home of Texas A&M University. The property has joined Marriott’s Tribute Portfolio soft brand. The … [Read more...]

Peachtree Group has acquired the AC Hotel Park City in Park City, UT, the company’s sixth hotel acquisition this year. “Our team has successfully acquired a number of hotel properties at below-market prices, taking advantage of the current slowdown in transactions,” said Greg Friedman, managing principal/CEO of Peachtree. “While the market is slower than usual due to high interest … [Read more...]

Rockbridge is celebrating its 25th year in business and introducing an updated expression of its brand language and visual identity. Rockbridge began in 1999 with four partners who led the company in quickly becoming a national platform for well-diversified hotel investments built on deep industry relations, cycle-tested strategies and outcome consistency, according to the company. The firm grew … [Read more...]

JLL’s Hotels & Hospitality group has named Daniel C. Peek president of JLL Americas region. Over the course of his career, he has completed nearly $60 billion in investment sales, debt and structured finance transactions. Based out of JLL’s Tampa office, he reports to Americas Capital Markets CEO Mark Gibson, partnering with Kevin Davis, Americas CEO for JLL’s Hotels & Hospitality group. … [Read more...]

Hotel management company Dimension Hospitality has added the 82-room Fairfield Inn & Suites Charlotte Arrowood to its portfolio. The hotel is in the final stages of a million-dollar, top-to-bottom renovation. Every guestroom will be updated with new furnishings, bedding, mattresses, carpet and window treatments.  Bathrooms will be upgraded with new wallcoverings, lighting, mirrors and showers. … [Read more...]

Women hoteliers from across the nation converged at the Sonesta Redondo Beach & Marina in Redondo Beach, CA, at the 2024 HerOwnership Conference by AAHOA, a two-day event crafted by women for women in the hospitality industry. Centered around the empowering themes of executive presence, hotel ownership, and mental health and wellness, the conference inspired attendees to connect, lead and … [Read more...]

SiteMinder has unveiled Dynamic Revenue Plus, which allows hotels to access live market intelligence and take immediate action on their bookable inventory, pricing and distribution strategy. Unlike revenue management systems (RMS) that have traditionally been accessible to a limited number of hotels, the dual capability within Dynamic Revenue Plus means any hotel can use one mobile-first system to … [Read more...]

Hotel Equities (HE) and Urban Investment Partners (UIP) have opened The Quincy, Ascend Hotel Collection, in Washington, D.C. The Quincy, an upscale boutique hotel, is owned by 1823 Owner, LLC, a UIP affiliate, and operated by Hotel Equities. “We are thrilled to open the doors of The Quincy and invite guests to experience the bespoke service that Ascend Hotel Collection is celebrated … [Read more...]

Executives from Foxwoods Resort Casino, Hard Rock International, Lodging Econometrics, Entegra and CBRE provide insights on casino hotel development and technology’s role in how gaming properties make money from F&B, procurement and experiential service. The Casino Report originally ran as a supplement to the September 2024 issue of Hotel Business. Please enable JavaScript in your … [Read more...]

Hotel management company EOS Hospitality has appointed Nicole Di Maio-Kennedy as VP, revenue maximization. In this role, she will spearhead the company’s revenue management strategies, driving profitability and market share growth across EOS’ portfolio. The company currently operates more than 50 hotels and resorts, totaling more than 7,000 keys across the U.S. With more than two decades of … [Read more...]

The commercial real estate sector, particularly hotels, is grappling with an escalating storm of challenges: maturing debt, tightening credit conditions and soaring interest rates. By the close of 2025, U.S. hotel-securitized loans totaling $14 billion are set to mature, thrusting hotel owners into a daunting refinancing landscape. Many properties are already struggling to generate enough income … [Read more...]

With over 100,000 hotels and motels across the U.S., the hospitality industry is more competitive than ever. The cost of hotel operations is rising in tandem with the cost of delivering unique and exciting guest experiences. As hoteliers look for new ways to stand out, offsetting the costs of creating memorable experiences requires creative solutions. The answer? Finding sources of revenue beyond … [Read more...]

An analysis of CEOs of the top companies and most visible individuals in the B2B travel technology space has shown that only 15.6% of these are female. This research was carried out in July by B2B travel tech public relations agency Belvera Partners, basing the companies and individuals selected on its Belvera B2B Travel Tech Map as the universe for the study and using LinkedIn profiles to … [Read more...]

Curator Hotel & Resort Collection has entered into a strategic partnership with PressReader, an all-you-can-read digital newsstand, to offer hotel guests complimentary access to thousands of newspapers and magazines worldwide during their stay. “Curator member hotels and resorts that are already working with PressReader today have been able to provide their guests with unlimited access to … [Read more...]

Hyatt has chosen the Oracle OPERA Cloud hospitality platform as the property management system (PMS) for its global hotel portfolio. With OPERA Cloud, Hyatt properties will be able to standardize its operations and data management across more than 1,000 hotels and all-inclusive properties. “As one of the world’s top hospitality companies, Hyatt is committed to caring for people so they can be … [Read more...]

By Klaus Kohlmayr Personalization has taken hospitality by storm, and savvy hoteliers have tapped into what that means when delivering it to guests. In hospitality, personalization is defined by the hoteliers’ ability to fulfill guests’ specific needs and desires by providing a bespoke experience to the best of their ability. From their perspective, this requires building detailed profiles of … [Read more...]

Actabl has launched Alice Housekeeping Refresh. Given the massive fluctuations in housekeeping staff availability over the past year, this latest update can be a tool for owners and operators and it changes the way hotels manage daily priorities and guest preferences, according to the company. Alice Housekeeping Refresh allows teams to automate routine processes and manage assignments, providing … [Read more...]

A joint venture between TMGOC Ventures and Certares has acquired The Ray Hotel, Curio Collection by Hilton, a 141-room property in Delray Beach, FL. The hotel, which opened in September 2021, features three full-service dining outlets, including a rooftop restaurant and bar, as well as a rooftop pool deck, an 1,800-sq.-ft. fitness center and an event space. The property is located within a mile of … [Read more...]

Noble Investment Group has added Áine Cronin as VP, investor relations. In her new role, she helps to enhance and implements practices to engage with the company’s investor base and support the firm’s expanding investment platform. She brings more than 15 years of experience developing and advancing relationships with institutional, ultra-high-net-worth, RIA and family office … [Read more...]

Omni Hotels & Resorts has appointed Annette Bales as VP, sales. In her new role, Bales spearheads the development and execution of strategic sales plans. Her key responsibilities include increasing revenues through enhanced market penetration, optimizing revenue performance at all Omni-operated properties and ensuring all strategic sales practices align with the brand’s overall business … [Read more...]

Lifestyle hospitality company sbe has revealed that Sam Nazarian, sbe chairman/CEO, has assembled a team of partners—entrepreneur Tony Robbins, musician and sbe partner Marc Anthony and international strategist Richard Attias— to build The Estate Hotels & Residences luxury platform. The Estate will feature a global network of luxury resorts and residential projects driven by a commitment to … [Read more...]

Super 8 by Wyndham has introduced the new Innov8te 2.0 design package. The next iteration of its Innov8te program, developed in collaboration with owners and design experts, combines “sleek, stylish” upgrades with increased operational efficiency, according to the company. Available across the U.S. and Canada, the new package starts at $1,850 per key, not including freight, tax and … [Read more...]

Are you a carrot, an egg or a coffee bean? Let me explain. And let me also just say that my explanation will not be as eloquent and inspiring as Damon West’s, but the message—or moral—of the story will hopefully be just as thought-provoking and, perhaps, even motivational. I had the privilege of attending RTRX again this year in Columbus, OH, in conjunction with our executive roundtable, hosted … [Read more...]

ERES is developing a Hampton Inn & Suites at the Yellowstone Airport Plaza (YAP) in Belgrade, MT. This new select-service hotel will feature 125 keys and is set to break ground by year-end. Leading the development project, ERES has partnered with O’Reilly Hospitality Management LLC (OHM) to manage the hotel. With an estimated completion date of Q2 2026, the hotel will feature approximately … [Read more...]

Peachtree Group has received its I-956F approval from U.S. Citizenship and Immigration Services (USCIS), the government agency that oversees the EB-5 Immigrant Investor Program, for the firm’s currently under-construction TownePlace Suites Palmdale in Palmdale, CA. The I-956F approval marks a crucial step in Peachtree’s ongoing efforts to facilitate investment opportunities through the EB-5 … [Read more...]

HQ Hotels & Residences, the newly launched lifestyle hospitality brand spearheaded by Sam Nazarian, sbe chairman/CEO, has appointed Mike Metcalf as president. With more than 40 years of experience in the hospitality industry, Metcalf joins the HQ Hotels team from Crescent Hotels & Resorts, who spent 18 years with the company in various roles, most recently COO. “Mike joins HQ Hotels at a … [Read more...]

Christina Trauthwein, VP, content & partnerships, Hotel Business, brings readers inside the September issue, which features a cover story on Super 8’s 50th anniversary; a report on a recent executive roundtable, hosted and sponsored by Rockbridge about leading with action and optimism; our annual brands report and franchise fees; as well as a special supplement on casinos. View the September … [Read more...]