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Hospitality Net Industry News - USA & Canada Newsfeed

Commonwealth Hotels Acquires Fairfield Inn & Suites Chicago Southeast/hammond

Commonwealth Hotels is excited to announce the acquisition of the Fairfield Inn & Suites Chicago Southeast Hammond in Indiana. The Fairfield by Marriott hotel offers guests varying amenities in a comfortable location just 30 miles southeast of Chica...

Questions On Labor, Business Travel Linger Heading Into Hotel Earnings Reports

As the U.S. hotel industry nears its second-quarter earnings call season, hotel experts and analysts expect the publicly traded hotel brand companies and real estate investment trusts will focus on the two biggest issues facing the industry: labor a...

STR: Canada Hotel Performance For June 2021

HENDERSONVILLE, Tennessee — Canada’s hotel industry reported its highest monthly performance levels since September 2020, according to STR’s June 2021 data. Even with improvement from previous months, the country’s performance levels remained well b...

One In Five Us Hotels Selling At Least 90% Of Rooms

Slightly better than one in every five hotels in the U.S. sold more than 90% of their rooms in the week ending July 17 — the most since the summer of 2019 — but hotel rates edged down from all-time highs reached the week prior. U.S. hotel average da...

Sandpiper Lodging Trust Announces Acquisition Of Two Savannah Suites Extended Stay Hotels In Colorado And Texas

Sandpiper Lodging Trust (“SLT”) is pleased to announce the acquisition of two Savannah Suites Extended Stay hotels. One hotel is located just outside of Denver in Arvada, CO, while the other hotel is in Pleasanton, TX, located near San Antonio. SLT ...

Cvent, A Leading Enterprise Event Technology Provider, To Become Publicly Traded After Combining With Dragoneer Growth Opportunities Corp. II

Cvent, a market-leading meetings, events, and hospitality technology provider, and Dragoneer Growth Opportunities Corp. II (Nasdaq: DGNS) (“Dragoneer”), a special purpose acquisition company, today announced their entry into a definitive business co...

Cayuga Hospitality Consultants Continues To Expand Its Consulting Network

Cayuga Hospitality Consultants, a highly experienced network of independent hospitality consultants, is excited to announce that three new members, Katie Benson, Germinal Garcia, and Ken Edwards, have joined their team. The addition of these experts...

World Heritage Sites In Developing Countries: Assessing Impacts And Handling Complexities Toward Sustainable Tourism

“The tourism sector is founded on natural, geographical, cultural, and historical properties. To recognize their value and preserve them, UNESCO began labeling the most prominent of these properties as World Heritage Sites (WHSs). The treaty regardi...

Buckle your Seatbelt: Horsepower for the Rebound

HOSPITALITY PANDEMIC EXHAUSTION Lately, everybody is “here for you” – the bank, the skincare retail shop, and even the furniture store. It is coming from all angles. At the same time, we no longer want to discuss the “need to pivot” or experience “u...

Storytelling Gives Boutique Hotels Edge In Competitive Markets

Whether it's a new-build property or a 100-year hotel that has witnessed history, storytelling is what sets boutique hotels apart from branded properties. During the "Staying Independent in a Very Corporate World" panel at the online 2021 Women in T...

Hotels Must Efficiently Guide Buying Decisions despite Restrictions

When hotel bookings in the US significantly exceeded 2019 levels, the world received a strong indication of how revenge travel would develop globally. As hotels worldwide gear up for the pent-up travel demand, we catch up with David Chestler, Partne...

In Support Of Paid Leave For Employees In The US

At Airbnb we recognize that building an enduringly successful business requires serving all stakeholders, including the employees who power our community. To that end, we have adopted paid leave policies to create a supportive environment where empl...

Return To Travel Roundup: A Step-by-step Roundtrip Checklist

As travel begins to pick up, the opportunities for face-to-face interaction will lead to innovation and growth, and a welcome return to the connections we previously took for granted. But these days business travel is a moveable feast when a course-...

Versante Hotel Set To Open In Richmond Just Minutes From Vancouver Airport

Years in the making and hugely anticipated, Versante Hotel — Greater Vancouver's first new luxury boutique hotel in years, and the first hotel of its kind in the city of Richmond — finally opens to the public on Thursday, July 29. Every detail at Ve...

First Dual-branded Voco And Holiday Inn Hotel Planned For Downtown Chicago

IHG Hotels & Resorts announced today plans for the first dual-branded voco Hotel in the US in downtown Chicago. A Chicago landmark for over four decades, the property has long been recognized as a Holiday Inn. The hotel is currently undergoing a com...

Pebblebrook Hotel Trust Acquires Iconic Jekyll Island Club Resort And Executes Contract To Sell Villa Florence San Francisco On Union Square

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the Jekyll Island Club Resort for $94.0 million. The 200-room resort is listed in the National Register of Historic Places and is located in the heart of Jekyll Isl...

How Do We Manage Revenue & Demand This Summer?

As we approach the 2021 summer/peak season for hotels in many markets around the world, we must consider how the past 18 months have impacted our industry, in particular how we manage revenue and demand. We’ve seen an incredible fall in demand, a lo...

The Post Pandemic Hard Reset

I wrote two articles during the pandemic, one around the beginning and one in the middle. It’s time to complete the trilogy. Our industry has been given a once-in-a-lifetime chance to fundamentally change itself. How we market, price and operate hot...

Chesapeake Hospitality, 3rd Wave Development Partner To Build Lifestyle Hotels

The global COVID-19 pandemic forced change on a lot of companies. For third-party manager Chesapeake Hospitality and hotel development company 3rd Wave Development, it also presented an opportunity to partner to develop and manage hotels. Chesapeake...

Hotels Face Reckoning Once Summer Leisure Season Ends

It’s the summer of the leisure traveler and while hotel occupancy remains below 2019 levels, average daily rate has surpassed its pre-pandemic levels in recent weeks as hoteliers take full advantage of pent-up demand. However, even as summer provide...

New WTTC Report Provides Framework For Achieving Destination Stewardship

London, UK: The World Travel & Tourism Council (WTTC) today launched a major new report which reveals how destinations can grow responsibly, using the Destination Stewardship model. The report was launched in partnership with the Travel Foundation a...

Positive outlook for the hospitality industry

The hotel industry's recovery is accelerating, overcoming the crisis. In the first half of 2021, the stocks of the major hotel groups have recovered and outgrown the indexes. And the organizations are investing massively in new international offerin...

STR: U.S. Hotel Results For Week Ending 17 July

HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy reached its highest level since October 2019, according to STR‘s latest data through 17 July. 11-17 July 2021 (percentage change from comparable week in 2019*): Occupancy: 71.0% (-8.7%) Average...

Digital insights powering hotel innovation

Covid-19 has brought the hotel industry’s powers of creativity into sharp relief. The innovations introduced during the pandemic have been simply astonishing, especially as the industry is heading into a period of a structural transformation. The ma...

U.S. Travel Reacts To Canada, Mexico Border Closure Extension

U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the announcement that the United States has extended border restrictions on Mexico and Canada through August 21: “Eve...