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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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    Extend hospitality to your own employees

    Discussions at this year’s Hospitality Law Conference have led me to believe that even if it costs a little more, sometimes it’s better to be more accommodating to employees.

    ESA: Renovations almost done; franchising deals near

    Extended Stay America officials pointed to a strong first quarter as a sign of good things to come in 2017 as the company completes renovations to properties in its portfolio and lines up its first franchise agreements.

    5 things to know: 27 April 2017

    From the desks of the Hotel News Now editorial staff:

    • Trump tax plan faces political test
    • Jobless claims jump, but remain relatively low
    • Navigating the Middle East outlook at AHIC
    • IHG and TripAdvisor partner for bookings
    • ESA and MGM issue Q1 earnings

    STR: Canada hotel results for week ending 22 April

    During the week of 16-22 April, the Canadian hotel industry reported occupancy decreased 0.6% to 61.2%, while a 1.3% ADR increase to CA$139.45 ($102.41) drove RevPAR up 0.7% to CA$85.28 ($62.63). 

    A guide to leasing space for owners, asset managers

    Leasing spaces to restaurants and retail outlets can be a great way for hotels to bring more people on-property and unlock a new source of revenue, but speakers at the recent Hotel Asset Managers Association conference said it’s important to guard your interests in case things go south.

    STR: US hotel results for week ending 22 April

    The U.S. hotel industry reported mixed performance results during the week ending 22 April. Occupancy fell just 0.5% to 68%, while ADR increased 1.3% to $124.48 and RevPAR increased 0.7% to $84.61.

    Wyndham may be setting up for spinoff

    During a first-quarter earnings call with analysts, Wyndham Worldwide CEO Steve Holmes discussed steps the company is taking toward a possible spinoff of its vacation ownership business, including the hiring of a hotel industry veteran who was involved in a similar move by Hilton. 

    5 things to know: 26 April 2017

    From the desks of the Hotel News Now editorial staff:

    • More details on Trump tax plan
    • Corcoran on RLJ-FelCor merger
    • What hoteliers look for during hotel stays
    • Hilton ups commitment to hire veterans
    • Wyndham considering splitting business

    What industry experts want from a hotel stay

    The hotel experience is different for everyone. Hotel News Now asked general managers, food-and-beverage experts, designers and more what they want out of a hotel stay. Here’s a look at their expectations.

    STR: Canada hotel performance for Q1 2017

    In the first quarter of 2017, Canada's hotel industry saw occupancy increase 2.7% to 56.1%, ADR increase 2.7% to CA$140.17 ($103.20) and RevPAR increase 5.5% to CA$78.64 ($57.90).