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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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    5 things to know: 22 February 2017

    From the desks of the Hotel News Now editorial staff:

    • AccorHotels CEO outlines new platform
    • Florida hits four-month mark in hotel performance dip
    • Federal Reserve offers hints from balance sheet
    • Judge’s ruling may clear way for Manhattan hotel sale
    • Hotels stepping up their amenities

    AccorHotels to divest stake in assets with new platform

    AccorHotels executives said the time is ripe to divest its HotelInvest ownership platform as the company enjoys record-strong earnings performance, and there is a plan in place to attract outside investors while retaining some ownership stakes. 

    Global hotel pulse: Asia/Pacific news

    In this week’s roundup of news from the Asia/Pacific region: Rezidor warns shareholders against HNA offer; opening delay of MGM Cotai; hotel development potential in Myanmar; and more.

    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.