WESTIN HOTELS & RESORTS, part of Marriott Bonvoy’s portfolio, and goop, actress Gwyneth Paltrow's lifestyle brand, recently launched “Sleep Training for Grown-Ups,” a three-part video series to help travelers improve... Read More
Author: asiantrader
DUETTO, A REVENUE management software company, acquired HotStats, a hotel benchmarking and financial reporting company. The acquisition supports Duetto’s aim to provide hoteliers with a view of top-line revenue and... Read More
THE BOUTIQUE HOTEL segment outperformed many comparable U.S. hotel classes in 2024, driven by strong market appeal and pricing power, according to The Highland Group. With demand growth tracking closely... Read More
U.S. TOURISM SPENDING is presently lagging behind 2023 and 2024 levels, which were boosted by strong post-pandemic travel demand, according to Bank of America credit and debit card data. The... Read More
GREEN KEY GLOBAL, a sustainability certification body, recently launched Green Key Ready, an entry-level program for hotels starting their sustainability efforts or operating with limited resources. The program includes a... Read More
SHRIV SHAKTI HOSPITALITY recently acquired the three-storey 111-key Comfort Inn East Evansville in Evansville, Indiana, from Priyansu Hotels for under $50,000 per room. Brandt Niehaus, president of Huff, Niehaus &... Read More
GREAT PLACE TO Work certification program and Fortune magazine recently named Hilton as the “No. 1 Best Company to Work For in the U.S.” for the second consecutive year. It... Read More
WHITESTONE CAPITAL, A subsidiary of Whitestone Cos., acquired the 189-key Westin Great Southern Hotel in Columbus, Ohio, in an all-cash deal—its 14th purchase in 24 months and first in downtown... Read More
HBS INVESTMENT GROUP, owner of HBS Hospitality, recently acquired the 122-key Hilton Garden Inn Louisville East in Louisville, Kentucky, from an institutional seller, according to Hunter Hotel Advisors. HBS is... Read More