Hotel operators hone retention efforts to turn 'transitory' jobs into hospitality careers
Leadership programs help employees move up the ladder and feel valued
Hoteliers have made more of an effort to bolster their company culture and retention strategies over the past several years to combat a tight job market.
US hotel deals: Ryman Hospitality Properties acquires JW Marriott Phoenix Desert Ridge Resort & Spa
Hilton New Orleans St. Charles sold by Sunstone Hotel Investors
This roundup features the latest hotel transactions in the U.S. hotel industry.
5 things to know for June 9
Today's headlines: Trump travel ban goes into effect; China's exports to US at lowest level since 2020; Hotel brand executives discuss economy, demand picture; Playa receives Mexican antitrust approval for sale to Hyatt; Tropical Storm Barbara to become hurricane
Editor's Note: Some linked articles may be behind subscription paywalls.
US hospitality hires, promotions: PM Hotel Group hires VP of development
New general managers in Savannah and New York City
Read the latest roundup of U.S.-based hires and promotions in the hotel industry.
Hotel industry inches toward stability in labor market after years of strain
Quantity, quality of job pool improving compared to past years
The labor outlook in the hotel industry is starting to turn a corner after several years of intense challenges.
Month in review: Driftwood Capital jumpstarts its new luxury and lifestyle division
Top May headlines: Marriott lowers full-year outlook; Small hotel owners see opportunity for deals in current environment
In May, CoStar Hotel News' most-read articles included Driftwood Capital's strategy with its new luxury and lifestyle division, Marriott lowering its full-year outlook during its f...
Hong Kong hotel performance a mixed bag, even amid high occupancy levels
Occupancy is up 4% while average daily rate is down 4%
Hotel performance in Hong Kong this year tells a mixed story. Year to date, occupancy is up 4% compared to last year, but average daily rate is down 4%.
Record amount of travelers expected this Memorial Day weekend
AAA data projects about 45.1 million people will travel at least 50 miles
Yet another holiday is set to break the record for most travelers after this past year's Thanksgiving and Christmas holidays outpaced historic highs.
US hires, promotions: Remington Hospitality hires new CEO
New general managers in Atlanta and San Diego
Read the latest roundup of U.S.-based hires and promotions in the hotel industry.
Demand slowdown, supply growth begin to pinch extended-stay hotels
Revenue per available room up 1% year over year in first quarter
The extended-stay sector saw great success out of the pandemic, with many companies launching new brands in the space to take advantage of its upward trajectory. Five years removed...
Remington Hospitality appoints Ben Perelmuter as CEO
Former president and chief operating officer of TPG Hotels succeeds Sloan Dean
Remington Hospitality, a Dallas-based hotel management company has a new CEO in Ben Perelmuter, effective June 2.
US hotel deals: Onelin Capital Corporation acquires University Inn in Seattle
Home2 Suites by Hilton San Antonio North Stone Oak sells to Pacific Pearl Hotels
This roundup features the latest hotel transactions in the U.S. hotel industry.
5 things to know for May 9
Today's headlines: US, UK work toward trade deal; Trump open to lowering Chinese tariffs; Expedia reports Q1 results; NYC expects far fewer tourists this year; Grand Bohemian Lodge Asheville reopens
Editor's Note: Some linked articles may be behind subscription paywalls.
Choice Hotels execs champion versatility in guest mix amid economic uncertainty
Brand decreases full-year outlook slightly
Choice Hotels International downgraded its full-year outlook slightly, but company executives expressed optimism that its business model better positions the hotel brand in the fac...
5 things to know for May 8
Today's headlines: US holds interest rates steady while UK makes slight cut; Blackstone finalizes Kimpton Eventi acquisition; IHG reports first-quarter earnings; Trade war leads to business travel pullback; Disney to open theme park in Abu Dhabi
Editor's Note: Some linked articles may be behind subscription paywalls.
US hires, promotions: Hospitality America hires chief financial officer
New general managers in New York City and Chicago
Read the latest roundup of U.S.-based hires and promotions in the hotel industry.
5 things to know for May 7
Today's headlines: Hotel Equities, Springboard Hospitality form strategic merger; India-Pakistan conflict disrupts commercial flights; Hotel Indigo brand heads into era of growth; Real ID deadline arrives; Texas airports delay, cancel flights due to severe weather
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for May 6
Today's headlines: Marriott posts first-quarter earnings; REIT roundup: Park, RLJ report earnings; Citadines Raffles Place Singapore sells; High hotel prices stifle domestic Golden Week travel in Japan; Canadian firms reshape business with US
Editor's Note: Some linked articles may be behind subscription paywalls.
Park Hotels remains steadfast in asset sale goal despite challenging market
'Uncertainty is the enemy of decision making,' chairman and CEO says
Park Hotels & Resorts executives said the hotel-focused real estate investment trust isn't backing off its goal to sell non-core assets, even in an uncertain transactions market.
5 things to know for May 5
Today's headlines: Fed likely to hold interest rates steady; Newark Airport faces staffing, tech problems; Hoteliers in Latin America, Caribbean remain resilient; Global economy feels US tariff impact; Hotel del Coronado nears completion of yearslong renovation
Editor's Note: Some linked articles may be behind subscription paywalls.