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Stories By: Lodging

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Location, Location, Location 3-20-24

Openings in Muscat, Oman; Doswell, Va.; Austin; Livingston, Calif.; Brooklyn, N.Y.; and Bengaluru, India….

Hilton Announces Acquisition of Graduate Hotels

Properties are located in university towns….

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Location, Location, Location 3-13-23

Openings in Nashville; Jacksonville, Fla.; and Santo Domingo, Dominican Republic….

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Choice Backs Out of Hostile Wyndham Acquisition Bid

Attempt to win over shareholders falls short….

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Location, Location, Location 3-6-24

Openings in Jakarta; Duncan, S.C.; Gatlinburg, Tenn.; and Dalian, China….

Extended Stay Hotels See Declines Early in 2024

Performance is well behind overall industry….

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Location, Location, Location 2-28-24

Openings in Wichita Falls, Texas; Burbank, Calif.; Dubai; Bangkok; and Auckland, New Zealand….

5 of 100 Largest Extended Stay Markets Still Fall Short of Recovery

San Francisco and San Jose were worst impacted from pandemic….

Business Transient Demand ‘Continues to Gain Momentum,’ Say Hyatt Executives

Negotiated corporate rates for 2024 increased in ‘high single digits….

Accor CEO Concedes: ‘I Was Wrong’ About Business Travel Not Fully recovering

Bazin says segment is now “a different mix….

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Location, Location, Location 2-21-24

Openings in Nashville; Istanbul; Muscat, Oman; Houston; and Arlington, Texas….

IHG RevPAR Up 8% in 2023 Over 2022 and 13% Over 2019

Greater China realizes full recovery versus 2019….