Author: scarletthotel

According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stood at 6,211 projects/722,821 rooms, up 9 percent b

ATLANTA, Georgia—Davidson Hospitality Group announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partne

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 30 new franchise agreements during the third quarter of 2024, representing growth at sev

ATLANTA, Georgia—Access Point Financial announced the successful closing of a $133.1 million investment in Goldman Sachs’ recent $985 million hotel portfolio refinance. Goldman

WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26, 2024. U.S. Hotel PerformanceOctober 20-26, 2

WASHINGTON—The American Hotel & Lodging Association (AHLA) announced that Rosanna Maietta has been selected to serve as the association’s next president and CEO, effective

The Hospitality Sales and Marketing Association International announced the appointment of Brian Hicks as its new president and CEO. Hicks will build upon the foundation laid by th

In July, the Ritz-Carlton, Denver debuted a renovation of its signature restaurant, ELWAY’S Downtown, named after the famed Broncos quarterback. Diners can experience Executive C

NEW YORK—Preferred Hotels & Resorts announced the addition of 24 new member properties to its global portfolio between July 1 and September 30, 2024. “We are pleased to int

SAN ANTONIO, Texas and ALPHARETTA, Georgia—Agilysys, Inc. released the findings of its 2024 Global Hospitality Impact Study: Unlocking Revenue Beyond the Room at The Hospitality