Accor Adds Its First Las Vegas Resort
Hilton and Travel + Leisure kicked off the industry’s earnings season.
Schulte Hospitality Group
A Hotel in New York City Might Sell for $1 Billion
If Alexico Group wants to sell the Mark Hotel in New York City, it may have a significant offer awaiting. Plus other hotel development news.
Dallas Leads the U.S. Hotel Construction Pipeline
Dallas leads the U.S. hotel construction pipeline, followed by Atlanta, Nashville, Phoenix, and the Inland Empire, with significant activity in planned projects, early planning, renovations, and new hotel openings nationwide.
Ace Hotel Has a New CEO
Ace Hotel/Atelier Ace welcomes brand veteran Chris Penn as its CEO, appoints Mostafa Abdella as COO, and elevates Meriem Soliman to Chief Brand Officer.
Vancouver Leads Canada's Hotel Boom
Canada is seeing a surge of hotel construction in major cities, with Vancouver leading the way in new building applications. It is now seen as the most attractive bet by analysts because it leads the way in hotel profits and occupancy, which was almost 80% in October.
DiamondRock Beats Preliminary Results
DiamondRock Hospitality reported 3Q results, beating the preliminary results they announced two weeks ago.
Jefferies cut its rating on Xenia Hotels & Resorts to Hold from Buy.
Lodging stocks were mixed. SLNA plunged another -20%, quickly becoming the biggest disaster in a long line of SPAC disappointments in the past year