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Hotel News Now

Below are the latest press releases from STR Global. 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

 

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    Ashford Trust seeks FelCor takeover

    Ashford Hospitality Trust officials are seeking to acquire FelCor Lodging Trust and are willing to take over a majority share of FelCor’s board of directors to accomplish that goal.

    5 things to know: 21 February 2017

    From the desks of the Hotel News Now editorial staff:

    • Ashford eyeing FelCor takeover
    • Paris tourism sees comeback after yearlong struggle
    • OTAs beat out big hotel brands on Wall Street
    • Japan could be the new Las Vegas for casinos
    • Travel ban slows demand for flights to US

    IHG buoyed by mobile growth, occupancy gains, dividends

    In a conference call with analysts to discuss InterContinental Hotels Group’s full-year 2016 earnings, IHG executives spoke positively about the company’s development plans and addressed speculation of IHG considering mergers-and-acquisitions activity.

    US hotel openings list

    Updates to this list include: Six hotel openings in Texas; The first Element hotel in Arizona; an independent opening in Pigeon Forge, Tennessee; and more.

    STR: US hotel performance for January 2017

    The U.S. hotel industry reported positive year-over-year results in January 2017, as occupancy increased 0.5% to 54.1%, ADR rose 3.2% to $120.72 and RevPAR increased 3.8% to $65.33.

    5 things to know: 20 February 2017

    From the desks of the Hotel News Now editorial staff:

    • Rezidor urges rejection of HNA bid
    • Hotel CEOs talk industry's future
    • Updated timeline of hotel data security breaches
    • Inspiration trips, the new trend for millennials?
    • Nine injured in California hotel fire

    Going public: Hotel owners talk stock market listing

    Hoteliers should be cautious when considering listing their companies on the stock market, and a thorough analysis is required to outline possible markets, investor maturity and financial and development goals. 

    5 things to know: 17 February 2017

    From the desks of the Hotel News Now editorial staff:

    • Could LA real estate development halt?
    • Want a former Starwood hotel? They’re all for sale
    • Resort fees jumping in Las Vegas
    • Millennium & Copthorne on CEO change, revenue drop
    • Study questions value of fitness centers

    Hyatt plans brand growth through development

    During the company’s most recent earnings call, officials with Hyatt Hotels Corporation detailed how they plan to keep growing their brands by strategically acquiring locations to develop properties that will likely be flipped to new owners in the future.