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Below are the latest press releases from STR. Please select a headline to read the full article. To see the complete archive of press releases, please click here.  For all other news on the hotel industry please go to www.HotelNewsNow.com.

 

Latest News

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    5 things to know: 17 May 2019

    From the desks of the Hotel News Now editorial staff:

    • IHCL and GIC start $600m investment platform
    • Thomas Cook issues third profit warning this year
    • 5 legal pitfalls hoteliers could face
    • Sri Lanka’s hotels empty since Easter attacks
    • Norovirus outbreak shuts down Vancouver hotel

    Experts highlight five legal pitfalls hoteliers face

    A panel of attorneys from Jeffer Mangels Butler & Mitchell at Meet the Money 2019 explain what hoteliers should know about neutrality agreements, posting rates on-property, the California Consumer Privacy Act, ADA website compliance and on-property cannabis use.

    Supply pressures a factor in Coachella hotel demand dip

    This year’s Coachella Valley Music and Arts Festival brought in a smaller crowd of attendees than previous years, which resulted in hoteliers experiencing a drop in rooms demand. According to STR, this is the first year the submarket saw a decline in demand during the festival.

    5 things to know: 16 May 2019

    From the desks of the Hotel News Now editorial staff:

    • Stock buybacks to continue at blistering pace
    • Park reopens Puerto Rico hotel
    • Hotel execs share insights on group
    • US hotels see mild RevPAR growth
    • A true industry disruptor: A Taco Bell hotel

    Hotel brands, REITs lean on group business in Q1

    Executives from hotel brand companies and REITs on Q1 earnings calls discuss performance by segment, with many pointing to strength in group bookings as uplifting in a relatively weaker quarter.

    A roundup of US hires, promotions

    In this roundup: McKibbon Hospitality names four new executives; new GMs in New York City and Santa Ana Pueblo, New Mexico; and more.

    5 things to know: 15 May 2019

    From the desks of the Hotel News Now editorial staff:

    • IHG’s new brand Atwell Suites aiming for longer stays
    • Hard Rock comes to Barcelona in €200m deal
    • Google merges all travel planning under one site
    • TWA Hotel officially opens at JFK airport
    • The best hotel rooms, according to Forbes Travel

    Reopened hotels help CorePoint as it reviews portfolio

    While other hotel companies report headwinds during the first quarter, CorePoint Lodging execs report the company benefited from favorable year-over-year comparisons as it evaluates its real estate portfolio to improve operational performance.

    IHG launches Atwell Suites, targets longer-stay guests

    Executives with IHG detailed the launch of the company’s new all-suites brand, Atwell Suites, and how it will meet the need of travelers who are looking for a combination of extended-stay and select-service amenities in the upper-midscale segment.

    Staffing a hotel can be hard work

    It’s important that every hiring manager have their own “rule of thumb” when it comes to vetting potential job applicants—even in this challenging employment market.