Candlewood Suites

North America

Hotel Construction in Los Angeles Declines

Hotel construction in Los Angeles has significantly declined, with many projects facing foreclosure or bankruptcy, and financing difficulties limiting new developments.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

New York City Targets Hotel Labor Sub-Contracting

A proposed bill in New York City aims to ban nonunion hotels from outsourcing key functions, potentially disrupting hotels that subcontract consumer-facing work to firms that pay employees lower wages for tasks like housekeeping and security.

Alan Woinski and Kim Woinski | 2 months ago

North America

Los Angeles’ Trio of Grafitti’d Hotel and Condo Towers Gets a Bidder

A stalking-horse buyer has offered $500 million for the abandoned Oceanwide Plaza in Downtown Los Angeles, which includes a partially built Park Hyatt hotel.

Alan Woinski and Kim Woinski | 3 months ago

North America

Marriott and IHG Announce Openings and Renovations in Key U.S. Markets

Marriott unveils renovations at Courtyard by Marriott Nashville Downtown and new Palmetto Marriott Resort & Spa, while Kimpton celebrates the grand opening of its first hotel in Budapest.

Alan Woinski and Kim Woinski | 3 months ago

North America

Ashford Hospitality Trust Previews Improved Quarterly Results

Ashford Hospitality Trust says its preliminary second quarter results show increased RevPAR year over year, despite a small dip in June.

Alan Woinski and Kim Woinski | 3 months ago

North America

Lodging Stocks Rise With the Broader Market

The U.S. stock market rose again today and most lodging stocks came along for the ride upward.

Alan Woinski and Kim Woinski | 4 months ago

North America

Selina Shareholders Prepare for More Dilution

Selina Hospitality's existing shareholders face dilution as Osprey International Limited expedites its $6 million investment, impacting the company's total share structure unfavorably.

Alan Woinski and Kim Woinski | 5 months ago

North America

U.S. Shows Increase in Hotel Pipeline Activity

The Americas is the only region to show an increase in hotel construction and development activity in the first quarter of 2024, contrasting with declines or slower growth in Europe, Asia Pacific, and the Middle East and Africa.

Alan Woinski and Kim Woinski | 6 months ago

North America

Marriott Vacations’ New Timeshares Collection

Marriott Vacations Worldwide introduced The Marriott Vacation Clubs City Collection, featuring branded properties in seven cities with plans for expansion to other urban areas, including the addition of two Westin Vacation Club properties.

Alan Woinski and Kim Woinski | 6 months ago

North America

IHG’s New Prototypes for 3 Brands

IHG Hotels & Resorts unveiled new prototype options for Staybridge Suites, Candlewood Suites, and Atwell Suites, set to roll out by Q2 2024 and debut in properties as early as 2025.

Alan Woinski and Kim Woinski | 6 months ago