In June, the most-read Hotel News Now content of the month included how OTO Development is taking a long-term approach to its hotel portfolio, the impact of Taylor Swift's Eras Tour on hotel demand, and more.
Click on each headline to read more, and below check out the Hotel News Now editorial team's top picks from the month.
article5 Min ReadJune 22, 2023 09:12 AMOTO Development has seen its new-build pipeline slow in a challenging hotel development environment, but it's keeping an eye out for growth opportunities through new projects and acquisitions.
article4 Min ReadJune 05, 2023 10:08 AMReal estate investment trust Park Hotels & Resorts has halted payments toward a $725 million non-recourse CMBS loan, which covers two of its San Francisco hotels and is scheduled to mature in November.
article3 Min ReadJune 22, 2023 10:20 AMWhitbread PLC and its major hotel brand Premier Inn continue trading well on renewed travel demand at lower price points, and the U.K.-based company's goal of scale in Germany is also growing.
article6 Min ReadJune 12, 2023 09:10 AMHotel room rates, revenue per available room and occupancy all saw significant increases in most cities along Taylor Swift's "Eras Tour" as it hits its midway point.
article5 Min ReadJune 23, 2023 08:55 AMBrian Quinn, chief development officer of Sonesta, said his company hopes to introduce more of its hotel brands into Mexico, the Caribbean and Latin America, including The Royal Sonesta and The James.
HNN Staff Picks
- Stephanie Ricca: US Hoteliers Decidedly Optimistic Heading in to Second Half of 2023
- Robert McCune: Next Gen in Lodging: Dishing on Food and Wine
- Sean McCracken: Union Investment Shifts Hotel Strategy From Business to Leisure
- Terence Baker: How Hotel Kitchens Have Sourced Different Ingredients To Cut Costs
- Bryan Wroten: Would-Be Hotel Buyers Look for Strategic Sellers
- Dana Miller: Hotel Execs Expect Significant Changes to Financing Landscape Over Next Year
- Trevor Simpson: Security Experts Say Hoteliers Need Better Preparation for Active Shooter Situations
- Dan Kubacki: After Years Abroad, Pandox Looks Back to the Nordics for Growth