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With thoughts from Twenty Four Seven Hotels Sarah Crowe
THE FIRST QUARTER of 2022 brought better than the national average performance for Twenty Four Seven Hotels. The Newport Beach, California-based third-party hospitality management company also acquired two new hotels in Southern California.
Twenty Four Seven Hotels Outpaces Industry Averages
Benchmark Pyramid has rebranded to Pyramid Global Hospitality. The parent entity will include multiple divisions responsible for specific industry segments.
Peachtree Hospitality Management announced that Director of People and Culture Joe Palmer has been promoted to vice president, risk management.
CBRE is raising its forecasts of hotel performance for 2022 and beyond based on Q1 2022 strength, continued slowing of construction activity, higher inflation, and continued optimism about employment and economic growth.
CBRE Hotels Research now forecasts a full recovery in ADR in 2022 and in demand and RevPAR in 2023.
The latest forecast for the hospitality industry from CBRE
Peachtree Hospitality Management (PHM) has promoted Joe Palmer, director of people and culture. to VP, risk management.
The U.S. lodging industry is on track for a full recovery in 2023 from the pandemic-induced chaos, according to a new forecast from CBRE
AHA Appoints New Board
HVMG appoints five new execs

The nation's leading public relations/communications firm dedicated to the business of hospitality.

The nation's leading public relations firm dedicated to the business of hospitality. Clients include some of the largest hotel owners, operators, brands, brokers, developers, designers and related. Specializing in B-to-B communications, though we have run numerous, successful B-to-C campaigns.

Hospitality Asset Managers Association (HAMA) Opens 2023 Student Case Competition 10/05/2023

Officials of the Hospitality Asset Managers Association (“HAMA”) today announced that it has begun accepting submissions for the 18th Annual HAMA Student Case Competition.

Hospitality Asset Managers Association (HAMA) Opens 2023 Student Case Competition Officials of the Hospitality Asset Managers Association (“HAMA”) today announced that it has begun accepting submissions for the 18th Annual HAMA Student Case Competition. Participating students from more than 30 undergraduate and graduate programs nationwide are given three scenarios from which...

Brittain Resorts & Hotels Introduces AI Business Intelligence Tech 10/05/2023

Brittain Resorts introduces an AI-driven business intelligence technology matrix.

Brittain Resorts & Hotels Introduces AI Business Intelligence Tech Brittain Resorts & Hotels (BRH) introduced an AI-driven business intelligence technology matrix as the company expands its services.

Latest news: HAMA bullish; Kimpton growth; Aimbridge adds in Spain 10/05/2023

The Hospitality Asset Managers Association (HAMA) Fall 2023 Industry Outlook Survey revealed optimistic outlooks from its membership with a majority of 77 asset managers expecting to exceed budgetary predictions for RevPAR and GOP, and many of the biggest concerns that arose during COVID, such as supply chain delays, subsiding.

Latest news: HAMA bullish; Kimpton growth; Aimbridge adds in Spain Breaking news on M&A, development, data and more.

Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results 10/03/2023

The Hospitality Asset Managers Association today announced the results of its Fall 2023 Industry Outlook Survey.

Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results Article - Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results - Conducted in conjunction with HAMA'S 2023 Annual Fall Meeting that was held in New Orleans, the results were presented to media live with a concluding Q&A session via online confer...

Hotel Asset Managers Fret About Labor, Demand but Foresee Little Distress 10/02/2023

A new survey from the Hospitality Asset Managers Association highlights how few U.S. hotels will exceed their budgets in 2023, which HAMA board members attributed to high revenue and profit expectations coming off a strong 2022 and 2021.

Hotel Asset Managers Fret About Labor, Demand but Foresee Little Distress Majority of Experts Surveyed Think Industry, US Will Avoid Recession

Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results 10/02/2023

The Hospitality Asset Managers Association (“HAMA”) announced the results of its Fall 2023 Industry Outlook Survey.

Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results The Hospitality Asset Managers Association (“HAMA”) today announced the results of its Fall 2023 Industry Outlook Survey. The semi-annual report updated the opinions, experiences and predictions of nearly 80 hotel asset managers from the earlier spring conference survey with a focus on budgetary...

Island Hospitality Management Named Operator of SpringHill Suites Truckee - 09/28/2023

Island Hospitality Management has been named the operator of the 114-room Springhill Suites Truckee.

Island Hospitality Management Named Operator of SpringHill Suites Truckee - TRUCKEE, CA — Officials of Island Hospitality Management announced Tuesday that the company has been

Brittain Resorts & Hotels Introduces AI Business Intelligence Tech 09/28/2023

Brittain Resorts (BRH) introduced an AI-driven business intelligence technology matrix.

Brittain Resorts & Hotels Introduces AI Business Intelligence Tech Brittain Resorts & Hotels (BRH) introduced an AI-driven business intelligence technology matrix as the company expands its services.

Brittain Resorts & Hotels introduces AI-driven BI matrix 09/28/2023

Brittain Resorts, a full-service hospitality management company in the Southeast, introduces an AI-driven business intelligence technology matrix.

Brittain Resorts & Hotels introduces AI-driven BI matrix Brittain Resorts & Hotels, a full-service hospitality management company in the Southeast, introduces an AI-driven business intelligence technology matrix. | The new matrix includes multiple platforms, including guest data, social media management, guest messaging communication and revenue managemen...

Island Hospitality to operate California SpringHill Suites 09/28/2023

Mission Hill Hospitality, a select-service and extended-stay hotel investor, has selected Island Hospitality Management—a third-party management company for select-service and upscale extended-stay hotels—to operate the 114-room Springhill Suites Truckee, Calif.

Island Hospitality to operate California SpringHill Suites Mission Hill Hospitality, a select-service and extended-stay hotel investor, has selected Island Hospitality Management—a third-party management company for select-service and upscale extended-stay | The 114-room SpringHill Suites is owned by Mission Hill Hospitality.

Island Hospitality Management Named Operator of 114-Room SpringHill Suites Truckee 09/27/2023

Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels, announced that the company has been named the operator of the 114-room Springhill Suites Truckee.

Island Hospitality Management Named Operator of 114-Room SpringHill Suites Truckee Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels, announced that the company has been named the operator of the 114-room Springhill Suites Truckee. The property is owned by Mission Hill Hospitality, a leading....

Brittain Resorts & Hotels Introduces New AI-Driven Business Intelligence Technology Matrix 09/27/2023

Brittain Resorts , the leading full-service hospitality management company in the Southeast, today introduced an industry-leading AI-driven business intelligence technology matrix, putting the company at the forefront of AI-led efforts within the industry.

Brittain Resorts & Hotels Introduces New AI-Driven Business Intelligence Technology Matrix Brittain Resorts & Hotels (BRH), the leading full-service hospitality management company in the Southeast, today introduced an industry-leading AI-driven business intelligence technology matrix, putting the company at the forefront of AI-led efforts within the industry. The move comes as BRH increas...

Peachtree deploys $1.1B in commercial real estate investments - hotelbusiness.com 09/22/2023

Peachtree Group, a diversified commercial real estate investment company, has revealed its credit division has closed $556 million in loan originations of the $1.1 billion the company deployed year-to-date.

Peachtree deploys $1.1B in commercial real estate investments - hotelbusiness.com $526M was used to acquire five hotels Peachtree deploys $1.1B in commercial real estate investments

Peachtree Group Announces New Brand Positioning and Logo 09/19/2023

Peachtree Group, an investment firm with a diverse portfolio of commercial real estate assets, announced a refreshed corporate brand position to showcase better the company's fully integrated investment and service platforms.

Peachtree Group Announces New Brand Positioning and Logo

Peachtree Group updates corporate brand position 09/19/2023

Peachtree Group, an investment firm with a portfolio of commercial real estate assets, is launching a refreshed corporate brand position to highlight the company's integrated investment and service platforms.

Peachtree Group updates corporate brand position Peachtree Group, an investment firm with a portfolio of commercial real estate assets, is launching a refreshed corporate brand position to highlight the company's integrated investment and service | The company has consolidated all affiliated brands under the Peachtree Group umbrella.

Peachtree Group updates corporate brand 09/18/2023

Peachtree Group, an Atlanta-headquartered investment firm focused on commercial real estate assets, announced a refreshed corporate brand designed to showcase the company’s investment and service platforms.

Peachtree Group updates corporate brand Peachtree Group, an Atlanta-headquartered investment firm focused on commercial real estate assets, announced a refreshed corporate brand designed to showcase the company’s investment and service platforms.   The company has consolidated all its affiliated brands under the Peachtree Group umbrell...

Peachtree updates brand positioning, logo - hotelbusiness.com 09/18/2023

Peachtree Group, an investment firm with a diverse portfolio of commercial real estate assets, has refreshed its corporate brand position to better showcase the company’s fully integrated investment and service platforms.

Peachtree updates brand positioning, logo - hotelbusiness.com Consolidates all affiliated brands under the company umbrella Peachtree updates brand positioning and logo

Peachtree Hospitality Management Assumes Management of 105-Suite Springhill Suites Dallas Rockwall 09/14/2023

Peachtree Hospitality Management has assumed management of the 105-suite SpringHill Suites Dallas Rockwall in Texas.

Peachtree Hospitality Management Assumes Management of 105-Suite Springhill Suites Dallas Rockwall Peachtree Hospitality Management ("PHM") has assumed management of the 105-suite SpringHill Suites Dallas Rockwall in Texas. The assignment is part of PHM's agreement with TEKMAK Development Company ("TEKMAK"), a full-service hospitality development company, to provide third-party management service...

Crawford Hoying, with Shaner Hotels, adds 14th hotel - hotelbusiness.com 09/11/2023

Crawford Hoying has acquired the Homewood Suites by Hilton Columbus OSU in partnership with hotel owner, operator and developer, Shaner Hotels.

Crawford Hoying, with Shaner Hotels, adds 14th hotel - hotelbusiness.com Homewood Suites by Hilton Columbus OSU is located in Ohio Crawford Hoying with Shaner Hotels adds 14th hotel

Crawford Hoying acquires Ohio hotel 09/11/2023

Crawford Hoying has acquired the Homewood Suites by Hilton Columbus OSU in partnership with hotel owner, operator and developer, Shaner Hotels

Crawford Hoying acquires Ohio hotel Crawford Hoying has acquired the Homewood Suites by Hilton Columbus OSU in partnership with hotel owner, operator and developer, Shaner Hotel Group. Other terms were not disclosed. | The company added its 14th hotel to its portfolio in partnership with operator Shaner Hotels.

HVMG Announces 5 Leadership Additions, Promotions - 09/06/2023

Hospitality Ventures Management Group is expanding and fortifying its leadership team with five strategic promotions and new leadership team additions

HVMG Announces 5 Leadership Additions, Promotions - ATLANTA — Hospitality Ventures Management Group is expanding and fortifying its leadership team with

Stonehill grants $52 million loan for Phoenix apartment project 09/06/2023

Stonehill CRE, the real estate arm of Stonehill, has finalized a $52 million senior loan agreement with Starpoint Properties to fund the construction of Lotus Point Apartments, a 245-unit multifamily development in Mesa, Arizona, within the Phoenix Metropolitan Statistical Area.

Stonehill grants $52 million loan for Phoenix apartment project Stonehill CRE, the real estate arm of Stonehill, has finalized a $52 million senior loan agreement with Starpoint Properties to fund the construction of Lotus P

Westin Atlanta Perimeter North completes renovation - hotelbusiness.com 08/18/2023

The Westin Atlanta Perimeter North has completed a multimillion-dollar renovation that touched on all aspects of the hotel, including public spaces and guestrooms/suites, and added a new café and marketplace called Perimeter Provisions.

Westin Atlanta Perimeter North completes renovation - hotelbusiness.com Property is operated by HEI Hotel & Resorts Westin Atlanta Perimeter North completes renovation

Latest HITs: Aimbridge, TWC deal; CBRE reforecasts; first Hyatt Studios 08/18/2023

CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 RevPAR

Latest HITs: Aimbridge, TWC deal; CBRE reforecasts; first Hyatt Studios The latest global news about deals, development and data.

The 372 Room Westin Atlanta Perimeter North Hotel Completes Multi-Million Renovation 08/18/2023

The Westin Atlanta Perimeter North today announced the completion of a multi-million renovation that touched on all aspects of the hotel, including public spaces, guest rooms/suites and a new café and marketplace called Perimeter Provisions.

The 372 Room Westin Atlanta Perimeter North Hotel Completes Multi-Million Renovation Article - The 372 Room Westin Atlanta Perimeter North Hotel Completes Multi-Million Renovation - The Westin Atlanta Perimeter North today announced the completion of a multi-million renovation that touched on all aspects of the hotel, including public spaces, guest rooms/suites and a new café and m...

CBRE Hotels reduces near-term outlook 08/18/2023

CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 revenue per available room.

CBRE Hotels reduces near-term outlook CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 revenue per available room. | Weaker-than-expected summer demand resulted in a shortfall in Q2 2023 RevPAR.

372-Room Westin Atlanta Perimeter North Announces Completion of Multi-Million Renovation 08/18/2023

The Westin Atlanta Perimeter North today announced the completion of a multi-million renovation that touched on all aspects of the hotel, including public spaces, guest rooms/suites and a new café and marketplace called Perimeter Provisions.

372-Room Westin Atlanta Perimeter North Announces Completion of Multi-Million Renovation The Westin Atlanta Perimeter North today announced the completion of a multi-million renovation that touched on all aspects of the hotel, including public spaces, guest rooms/suites and a new café and marketplace called Perimeter Provisions. The improvements also added cabanas with firepits for din...

CBRE Hotels Reduces Near-Team Outlook Due to Softer Summer Demand 08/18/2023

CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 revenue per available room (RevPAR).

CBRE Hotels Reduces Near-Team Outlook Due to Softer Summer Demand

CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand 08/17/2023

CBRE reduced its 2023 forecast for hotel performance, citing a weaker-than-expected summer demand that created a second quarter revenue per available room (RevPAR) shortfall.

CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand CBRE (NYSE:CBRE) reduced its 2023 forecast for hotel performance, citing a weaker-than-expected summer demand that created a second quarter revenue per available room (RevPAR) shortfall.   The revised forecast is now predicting a 2023 RevPAR of $96.64, up 4.6% year-over-year but down $1.25 from an ...

CBRE, Sonesta add executives 08/06/2023

Andrea Grigg has joined CBRE Hotels as a senior managing director and global head of hotels asset management to develop and lead the firm’s global hotel asset management and operator selection practice.

CBRE, Sonesta add executives Andrea Grigg has joined CBRE Hotels as a senior managing director and global head of hotels asset management to develop and lead the firm’s global hotel asset management and operator selection | CBRE Hotels added a new lead for global hotel asset management while Sonesta named a new vice president...

Peachtree Hospitality Management Assumes Management of SpringHill Suites Dallas Rockwall - 08/03/2023

Peachtree Hospitality Management assumed management of the 105-suite SpringHill Suites Dallas Rockwall in Texas

Peachtree Hospitality Management Assumes Management of SpringHill Suites Dallas Rockwall - Peachtree Hospitality Management has assumed management of the 105-suite SpringHill Suites Dallas Ro

Andrea Grigg to Lead Global Hotel Asset Management for CBRE - 08/03/2023

CBRE announced Thursday that Andrea Grigg has joined CBRE Hotels as a Senior Managing Director and Global Head of Hotels Asset Management to develop and lead the firm’s global hotel asset management and operator selection practice.

Andrea Grigg to Lead Global Hotel Asset Management for CBRE - CBRE announced Thursday that Andrea Grigg has joined CBRE Hotels as a Senior Managing Director and G

Andrea Grigg Named Senior Managing Director for CBRE Hotels 08/03/2023

CBRE has hired Andrea Grigg as senior managing director and global head of hotels asset management for CBRE Hotels.

Andrea Grigg Named Senior Managing Director for CBRE Hotels CBRE (NYSE:CBRE) has hired Andrea Grigg as senior managing director and global head of hotels asset management for CBRE Hotels. Grigg will be based in Atlanta and is tasked with developing and leading the firm’s global hotel asset management and operator selection practice. She will also oversee b...

Strand Hospitality opens Fairfield in Conway, S.C. 08/01/2023

Hotel management company Strand Hospitality has opened the 98-room Fairfield Inn & Suites Coastal Carolina Conway in Conway, S.C.

Strand Hospitality opens Fairfield in Conway, S.C. Hotel management company Strand Hospitality has opened the 98-room Fairfield Inn & Suites Coastal Carolina Conway in Conway, S.C. | The hotel was developed by Southern Ventures and built by Dargan Construction Company out of Myrtle Beach, S.C.

US Hires, Promotions: Brittain Resorts & Hotels Hires Chief Development Officer 07/27/2023

Christy Jernigan named chief development officer at Brittain Resorts

US Hires, Promotions: Brittain Resorts & Hotels Hires Chief Development Officer New General Managers in Orlando and Denver

Shiny Releases 2023 Tipping and Beyond: Data Driven Tactics to Address Hospitality Staffing Challenges Report 07/26/2023

Shiny, a provider of associate engagement and retention services, released its inaugural report on tipping for the hospitality industry. Entitled “Tipping and Beyond: Data-Driven Tactics to Address Hospitality Staffing Challenges,” the report draws on 2023 sources to both provide insights and solutions to vexing labor shortage issues.

Shiny Releases 2023 Tipping and Beyond: Data Driven Tactics to Address Hospitality Staffing Challenges Report Study highlights trends and solutions to help attract and retain associates.

Shiny releases 2023 tipping report - hotelbusiness.com 07/26/2023

Shiny, a provider of associate engagement and retention services, has released its inaugural report on tipping for the hospitality industry. Titled “Tipping and Beyond: Data-Driven Tactics to Address Hospitality Staffing Challenges,” the report draws on 2023 sources to both provide insights and solutions to vexing labor shortage issues.

Shiny releases 2023 tipping report - hotelbusiness.com Offers insights into staffing challenges Shiny releases 2023 tipping report

Strand Hospitality Announces Opening of Fairfield Inn & Suites Coastal Carolina Conway - 07/25/2023

Strand Hospitality Services announced Monday the opening of the 98-room Fairfield Inn & Suites Coastal Carolina Conway in Conway, South Carolina

Strand Hospitality Announces Opening of Fairfield Inn & Suites Coastal Carolina Conway - CONWAY, S.C. – Officials of Strand Hospitality announced Monday the opening of the 98-room Fairfield

98 Room Fairfield Inn & Suites Coastal Carolina Conway Opens in South Carolina 07/25/2023

Officials of Strand Hospitality Services announced the grand opening of the 98-room Fairfield Inn & Suites Coastal Carolina Conway in Conway, South Carolina.

98 Room Fairfield Inn & Suites Coastal Carolina Conway Opens in South Carolina Article - 98 Room Fairfield Inn & Suites Coastal Carolina Conway Opens in South Carolina - Officials of Strand Hospitality today announced the grand opening of the 98-room Fairfield Inn & Suites Coastal Carolina Conway in Conway, South Carolina. The hotel was developed by Southern Ventures and built...

This Week's Comings & Goings | July 20, 2023 — LODGING 07/20/2023

Peachtree Hospitality Management named Jenelle Zadik people and culture vice president

This Week's Comings & Goings | July 20, 2023 — LODGING JLL announced that Adrienne (Kautzman) Andrews has joined the firm as a managing director and more of this week's comings & goings.

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