Accor Reports Q3 2024 Results
Accor reported Q3 2024 results. While RevPAR growth is normalizing, the group continues to benefit from its diversification in terms of geography and segment. The group’s two div
AHLA Foundation Distributes Scholarship Funding to Hospitality Programs
WASHINGTON—AHLA Foundation announced the distribution of nearly one million dollars in scholarship funding for students at hospitality programs around the country. The Foundation
BWH Hotels Hosts Annual Convention, Plans Groundwork for Years Ahead
PHOENIX, Arizona—BWH Hotels, the enterprise comprised of three hotel companies including WorldHotels, Best Western Hotels & Resorts, and SureStay Hotels, hosted its annual co
CoStar: U.S. Hotel Industry Shows Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through October 19, 2024. U.S. Hotel PerformanceOctober 2024P
Cloudbeds Plans ‘Smart Hospitality Engine’ Addition to Its Platform
SAN DIEGO, California—Cloudbeds has released plans to connect every facet of hotel operations into a single intelligence network, powered by causal and multimodal AI. The technol
IHG’s Atwell Suites Expands Across the United States With Three Upcoming Openings
ATLANTA—Atwell Suites announced the expansion of its U.S. presence with the upcoming openings of three new hotels in Kansas City, Missouri, Henderson, Nevada, and Fort Worth, Tex
CoStar: All Regions Besides Europe Increase Hotel Pipeline Activity
WASHINGTON—Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar. September 2024 Percentage change in co
Wyndham Hotels & Resorts Reports Q3 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended September 30, 2024. Highlights include: “Our teams around the world once again
This Week’s Comings & Goings
RMS Cloud has announced the appointment of Zen Valli as chief revenue officer. Valli previously held the position of managing director for Europe, the Middle East, and Africa for t
CoStar: U.S. Hotel Rooms Under Construction Increases for Seventh Consecutive Month
WASHINGTON—The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s latest September 2024 data. The pos