Hyatt Hotels Corporation Reports Q2 2022 Results
CHICAGO—Hyatt Hotels Corporation reported Q2 2022 financial results. Net income attributable to Hyatt was $206 million, or $1.85 per diluted share, in Q2 2022 compared to a net l
STR: U.S. Hotel Performance Follows Seasonal Patterns, Falls Slightly
HENDERSONVILLE, Tennessee—Following seasonal patterns, U.S. hotel performance fell slightly from the previous week, according to STR’s latest data through August 6, 2022. U
IHG Hotels & Resorts Releases Half-Year 2022 Results
IHG Hotels & Resorts released its half-year 2022 results. Highlights include: Further improvement in trading: Americas Q2 RevPAR versus 2019 was up 3.5 percent with sequential
Hilton Dallas Lincoln Centre Completes Renovation
DALLAS, Texas—The Hilton Dallas Lincoln Centre announces it has completed a $24 million renovation of the entire hotel and conference center. Renovations began in 2020. The North
IDeaS Announces a Global Collaboration With Hyatt
MINNEAPOLIS—IDeaS announced a global collaboration with Hyatt to power the company’s commercial revenue platform. Hyatt will deploy IDeaS’ products globally as a component of
STR, Tourism Economics Further Revise U.S. Hotel Forecast Projections
NASHVILLE—STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just presented a
Choice Hotels International Completes Acquisition of Radisson Hotels Americas
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced that it has completed the acquisition of the franchise business, operations, and intellectual property of Radisson
This Week’s Comings & Goings
Inspirato Incorporated appointed Scott Berman as director to its board of directors. Berman has nearly 40 years of experience in the hotel and resort advisory field, most recently
The Road Back: Ensuring Housekeeping Operations Meet Renewed Expectations
Among the pandemic’s more manageable impacts on hotel operations was the immediate need to retrain housekeeping staff on sanitation practices. Dan Paola, VP of operations at Rain
Three Ways Hoteliers Can Capitalize on Pre-Arrival Revenue Opportunities
As the hotel industry continues to grapple with labor shortage challenges, teams are forced to do more with fewer resources. Many hotel teams are turning to automation as a solutio
