Chatham Lodging Trust sells two Pennsylvania hotels for $10M

Hotel Management · 21 May

The REIT sold the 105-room Courtyard by Marriott Altoona and the 86-key SpringHill Suites by Marriott Pittsburgh Washington.

Wynn Resorts in talks to sell Encore Boston Harbor to MGM

Hotel Management · 20 May

The two companies are in talks to switch ownership of the $2.6 billion project, which is scheduled to open next month.

Mid America Lodging Group updates locks at 21 properties

Hotel Management · 15 May

The group will rely on dormakaba's Saflok Quantum radio-frequency ID mobile-ready electronic door locks.

New York City hotel updates operations platform

Hotel Management · 15 May

Walker Hotel is expanding its use of the Alice multiproperty platform to its soon-to-open property in the city's Tribeca neighborhood.

Daly Seven acquires Virginia Hilton Garden Inn for $13.9M

Hotel Management · 14 May

Daly Seven has acquired the Hilton Garden Inn Roanoke, its 40th hotel, from South Peak Hotel for $13,925,000.

Report: Accor may invest in India's Treebo Hotels
Report: Accor may invest in India's Treebo Hotels

Hotel Management · 13 May

The Paris-based company is looking to pick up a minority stake in the Indian budget brand, with the right to acquire a majority stake later.

CapitaLand seeks buyer for London's Cavendish hotel

Hotel Management · 10 May

Singapore-based CapitaLand Ltd. has reportedly hired Jones Lang LaSalle to sell London's historic Cavendish hotel for about £250 million ($325 millio

Report spotlights U.S. human trafficking laws

Hotel Management · 7 May

Right now, 13 states require human trafficking signage, four require signage and 14 have penalties for not complying.

Interest-only CMBS loans on the rise, causing concerns

Hotel Management · 7 May

More commercial mortgage-backed securities loans now are issued with interest-only structures than in the past, and researchers at Trepp, a data, ana

Tropical resort installs new accounting system

Hotel Management · 1 May

St. Kitts Marriott Resort & The Royal Beach Casino installed Aptech Computer Systems’ PVNG enterprise financial accounting system to simplify back-of

Defying Brexit fears, deals continue for London

Hotel Management · 25 Apr

In January, hospitality consulting firm HVS predicted that supply in London would grow 4 percent this year, defying the uncertainties of Brexit.

NKB Investments sells Texas Comfort Suites to Avalon Sai Hotels
NKB Investments sells Texas Comfort Suites to Avalon Sai Hotels

Hotel Management · 25 Apr

Avalon Sai Hotels acquired the Comfort Suites near Texas Medical Center – NRG Stadium in Houston from NKB Investments. Details of the transaction, br

With influx of cash, Selina plans next growth phase

Hotel Management · 24 Apr

Selina, the Panama-based hotel-hostel hybrid, has raised $100 million in a Series C financing round, bringing the company’s total funding to $225 mil

European hotel companies oppose Cuba restrictions
European hotel companies oppose Cuba restrictions

Hotel Management · 23 Apr

Last week, the Trump administration stepped up its crackdowns on trade with Cuba, Nicaragua and Venezuela, rolling back Obama-administration policies

TPI Hospitality leverages ProfitSword integration

Hotel Management · 16 Apr

TPI Hospitality, a developer and operator of hotels, restaurants and conference centers in Minnesota and Florida, has implemented ProfitSword’s Profi

Take great care in hotel entrance area--or you'll pay

Hotel Management · 9 Apr

Cars whiz, people don’t. Upshot—the hotel entrance area, which is populated with cars and people coming and going, is a location that is ripe for acc

Motel 6 to pay additional $12M for providing info to ICE

Hotel Management · 8 Apr

A year and a half after Motel 6 employees were accused of giving guest lists to agents of U.S. Immigration and Customs Enforcement, the issue is clos

Corinthia Hotels invests in Global Hotel Alliance

Hotel Management · 3 Apr

Following Minor Hotel Group and Pan Pacific Hotels Group's investment last year, Malta-based Corinthia Hotels is acquiring a share in Global Hotel Al

February delivered falling profits for UK hotels

Hotel Management · 2 Apr

The U.K. hotel industry is off to a rough 2019, according to the latest data from HotStats tracking full-service hotels. A slight increase in RevPAR

Awaiting Brexit, PwC predicts flat transactions for UK hotels

Hotel Management · 26 Mar

According to PwC’s latest UK Hotels Forecast Update, the outlook for hotel deals in the UK this year remains flat as a surge in room supply, slowing

New Castle Hotels & Resorts installs new accounting system

Hotel Management · 26 Mar

New Castle Hotels & Resorts upgraded its back-office system to Aptech Computer Systems’ PVNG enterprise financial accounting to centralize processes

Singapore's Oxley Holdings taps JLL, CBRE to sell 2 assets

Hotel Management · 26 Mar

Singapore-based property developer Oxley Holdings has appointed brokerage JLL and its JLL Hotels and Hospitality Group, along with CBRE, to find a bu

Olympia adds Maine resort to management portfolio

Hotel Management · 21 Mar

Olympia Hotel Management is assuming management of Point Lookout Resort and Conference Center in Northport, Maine. The new owner of Point Lookout is

Cautious optimism' marks Hunter Hotel Investment Conference

Hotel Management · 21 Mar

Despite the lodging industry's concerns around shrinking margins and the possibility of an economic downturn on the horizon, executives at the 31st a

Brazil extends visa-free entry to boost visitor growth

Hotel Management · 20 Mar

An estimated 80% of content streamed on Netflix is influenced by its recommendation system. Stats/examples how shows like House of Cards keep users e

Key International developing Fort Lauderdale AC Hotel

Hotel Management · 15 Mar

Miami-based real estate investment and development company Key International began development on an AC Hotel by Marriott in Fort Lauderdale, Fla. Th