With its acquisition of Marshall Hotels & Resorts just over two years ago, TPG Hotels & Resorts entered a new era. A host of subsequent moves and ongoing initiatives demonstrate that the longtime owner/operator is clearly “leaning in” to the changes that are designed to take it to the next level. A recently launched division for independent and lifestyle hotels, a new operational hub in … [Read more...]
PM Hotel Group Publishes Sixth Annual Sustainability Report
CHEVY CHASE, Maryland—PM Hotel Group announced the publication of its sixth annual sustainability report. Topics include the strides made in the company’s environmental and social responsibility programs throughout 2023. “At PM Hotel Group, a successful sustainability program is one that has broad engagement and is embedded in every aspect of our operations,” said Joseph Bojanowski, president, … [Read more...]
AHLA: U.S. Hotels Added 1,200 Jobs in April
WASHINGTON—U.S. hotels added 1,200 jobs to their payrolls in April, according to the latest government data that shows employment in the industry is still far from pre-pandemic levels, according to the American Hotel & Lodging Association. Total hotel employment stands at about 1.92 million, according to the Bureau of Labor Statistics. That’s 193,600 fewer workers in the industry than in … [Read more...]
InterContinental Hotels Group Reports Q1 Trading Results
InterContinental Hotels Group reported its first-quarter trading results, highlighted by global RevPAR gains and significant system-wide growth. Specific highlights include the following: ● Q1 global RevPAR +2.6 percent YOY, with Americas -0.3 percent, EMEAA +8.9 percent and Greater China +2.5 percent ● Average daily rate +2.3 percent, occupancy +0.2 percent pts ● Gross … [Read more...]
Home2 Suites by Hilton Guests Enjoy Seamless Food Delivery Experience with Grubhub Onsite
Guests staying at Home2 Suites by Hilton now have access to seamless mobile ordering and delivery via Grubhub Onsite, available at nearly 600 properties nationwide. With access to Grubhub’s Marketplace of more than 355,000 merchants, guests who affiliate with their hotel will receive one free month of Grubhub+, Grubhub’s loyalty program that provides customers unlimited $0 … [Read more...]
Blackwells Files Definitive Proxy Statement for Ashford Hospitality’s 2024 Annual Meeting
Blackwells Capital LLC and Blackwells Onshore I LLC (together, “Blackwells”) collectively own 1,000 shares of Ashford Hospitality Trust, Inc. (“Ashford” or the “Company”) (NYSE: AHT) and have filed a definitive proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with its campaign urging stockholders to vote “AGAINST” the election of Monty … [Read more...]
Choice Hotels International Takes it to the ‘Next Level’ at 68th Annual Convention
Choice Hotels International (NYSE: CHH), one of the world’s largest lodging franchisors, kicked off its 68th annual convention in Las Vegas yesterday, highlighting the company’s strong competitive position and its plans to help owners and operators capitalize on the growing demand for leisure and business travel. With over 6,600 registrants, including more than 1,100 exhibitors, the … [Read more...]
Choice Hotels Hosts “SOAR” Seminar to Attract, Mentor and Educate Underrepresented Groups
Choice Hotels International Hosts "SOAR" Seminar to Attract, Mentor and Educate Historically Underrepresented Groups on Their Path to Hotel Ownership. Ahead of its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, hosted its SOAR (Supporting Ownership Access & Representation) … [Read more...]
Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of hoteliers to own their own businesses and achieve the American Dream. That dream has been under attack by government agencies intent on undermining small-business ownership by changing the legal definition of “employer.” The National Labor … [Read more...]
Valor Hospitality Partners Adds DoubleTree Suites Huntsville South to Management Portfolio
ATLANTA—Valor Hospitality Partners expanded its North American portfolio through a recent management acquisition with DoubleTree Suites by Hilton Hotel Huntsville South in Huntsville, Alabama. With hotel management experience in the southeastern region of the United States, Valor will implement strategies and operations aimed at driving revenue growth and guest satisfaction in this new … [Read more...]
Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice’s latest initiatives to drive sustainability across its portfolio of hotels. This includes new and expanded requirements to help reduce utility usage and identify savings through its revamped Room to be Green verification program. As part of this … [Read more...]
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings. This collaboration involves signing a multi-unit development agreement, adding 30 new locations to stayAPT Suites’ portfolio, and expanding the brand footprint to 25 states over the next five years, with six … [Read more...]
Booking.com: Annual Research Shows New Challenges With Sustainable Travel
AMSTERDAM—Booking.com released research with insights gathered from more than 31,000 travelers across 34 countries and territories, exploring the latest consumer attitudes, priorities, and influences related to sustainable travel. While the annual research revealed a continued sense of desire and awareness with 83 percent of travelers confirming that sustainable travel is important to them, new … [Read more...]
Marriott Verifies Emissions Reduction Targets With SBTi
Marriott International, Inc. has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). SBTi is a global climate action organization that develops tools that allow businesses to set greenhouse gas (GHG) emissions reduction targets in line with data-driven methodology. Marriott is the largest global hospitality company to receive … [Read more...]
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs, and differentiated guest experiences. “Staying true to our core value of ‘Create Value in All that You Do,’ we are continually focused on identifying areas within our … [Read more...]
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
The York Beach Surf Club BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York Beach, Maine, to its portfolio of properties managed. The announcement was made by Robin Kirk, president of Maverick Hotels and Restaurants. The York Beach Surf Club is York’s newly renovated full-service … [Read more...]
Marriott Plans to Add 100 Properties in Europe Through 2026
Prototype of a Four Points Express by Sheraton reception area | Photo credit: Marriott International From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its portfolio in Europe portfolio through hotel conversions and adaptive reuse projects by the end of 2026. The anticipated … [Read more...]
Kimpton Alton Fisherman’s Wharf Selects Crestline as Manager
FAIRFAX, Virginia—Crestline Hotels & Resorts, LLC announced it has been selected to manage the 248-guestroom Kimpton Alton Fisherman’s Wharf in San Francisco, California. The hotel offers guests a different perspective on comfort with an atmosphere that complements the area. The Living Room has furnishings rooted in the 1970s San Francisco counterculture movement. The Kimpton Alton Hotel is … [Read more...]
Springboard Hospitality Collaborates With Procure Impact for Product Sourcing
LOS ANGELES, California—Springboard Hospitality announced its collaboration with Procure Impact. By sourcing products from social enterprises, Springboard Hospitality will add new products—ranging from in-room coffee and snacks to wellness products like candles and bath salts—as well as demonstrate its commitment to driving social impact by supporting vulnerable communities through its pledge of … [Read more...]
Aligned Hospitality Management Adds The M Solvang to Portfolio
PHOENIX, Arizona—Aligned Hospitality Management continued its growth by adding The M Solvang to its portfolio. This marks the company’s 25th property and its inaugural venture into the diverse California market. In recent years, Aligned Hospitality Management’s expansion has been marked by acquisitions and diversification into new markets. The M Solvang joins a lineup of boutique properties in … [Read more...]