Candlewood Suites

North America

Choice Hotels Expands Upscale Portfolio

Choice Hotels expanded its upscale Cambria brand by introducing a conversion model that helped overcome financing challenges and spurred growth, with 74 properties now open and 62 more in development.

Alan Woinski and Kim Woinski | 3 days ago

North America

City Express by Marriott to Expand Into the U.S. and Canada

Marriott International is expanding its City Express by Marriott brand into the U.S. and Canada, entering the affordable midscale segment.

Alan Woinski and Kim Woinski | 4 days ago

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 | 1 month 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 | 3 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 | 6 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