In August, the most-read Hotel News Now content of the month included the latest U.S. hotel forecast, Hyatt Hotels Corp.'s acquisition of Apple Leisure Group, 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.
While leisure travel demand is already exceeding 2019 levels, projected to end 2021 17% higher, business transient and group bookings have a longer road to a full recovery, according to the latest STR forecasts.
Hyatt Hotels Corp. has agreed to buy Apple Leisure Group in a $2.7 billion deal that doubles its footprint in the resort segment.
Difficult guests and job security worries make working in the hotel industry unappealing to many. BWH Hotel Group President and CEO David Kong said the industry must change that to dig out of a labor crisis.
Aimbridge Hospitality founder and Executive Chairman Dave Johnson is leaving the company after leading Aimbridge for more than 18 years, growing it from eight hotels to the world's largest third-party operator.
Noble Investment Group founder and CEO Mit Shah said he believes the best hotel deals might come two to three years after the onset of the COVID-19 pandemic.
HNN Staff Picks
- Stephanie Ricca: Hotel Buyers Get Aggressive Amid 'Divergent, Disparate' Deals Market
- Robert McCune: Forward Bookings Tell Story of Corporate, Group Recovery
- Sean McCracken: First Hospitality CEO Says Hotels Must Be More Efficient With Labor
- Terence Baker: Hong Kong-Based Dorsett Hospitality President Upbeat About Region's Outlook Despite Challenges
- Bryan Wroten: Hoteliers Learn from Revenue Successes, Failures During Pandemic
- Dana Miller: Hotel Renovations: Considerations from a Design Perspective
- Dan Kubacki: Hotel Guests Want More Out of Loyalty Programs