Industry News

DALLAS, Texas—Purchasing Management International (PMI) announced the acquisition of certain interests of Pineapple Procurement. This strategic acquisition reinforces PMI’s con

DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Investment Advisors announced that it has arranged the sale of the 93-guestroom Courtyard Tampa Brandon, and the 107-guest

Seattle, Washington—InnVentures announced the completion of a total renovation of Courtyard by Marriott Spokane Downtown Convention Center, including the exterior, interior, and

CHICAGO, Illinois—Hyatt Hotels Corporation announced that it has entered into a definitive agreement to sell the entirety of Playa’s owned real estate portfolio, acquired from

COLUMBUS, Ohio, June 30, 2025—Red Roof has selected FreedomPay to power payments across its portfolio of more than 700 hotels throughout the United States. With a focus on speed,

MYRTLE BEACH, South Carolina—voco The Shelby – Myrtle Beach has officially opened, inviting guests to stay in a reimagined beachside retreat. The Shelby is the first voco hote

ATLANTA, Georgia & LISBON, Portugal—Revenue Analytics announced its acquisition of Climber, a Portugal-based Revenue Management Software (RMS) company serving boutique, indep

Accor announced that Rimrock Banff is joining the Emblems Collection. This marks the first Emblems Collection property in North America. Owned by Oxford Properties Group and a capi

ATLANTA, Georgia—voco hotels marked its entry into the Canadian market with its first three regional signings in Montreal, Toronto, and Niagara Falls. Scott Duff, vice president

COLUMBUS, Ohio—Nationwide Realty Investors announced that renovations are nearing completion at the Nationwide Hotel and Conference Center, a 20-acre hotel and event complex loca