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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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    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).

    5 things to know: 25 April 2017

    From the desks of the Hotel News Now editorial staff:

    • Ashford Trust responds to FelCor-RLJ deal
    • Cost controls preserved hotel profitability in 2016
    • A look at the hotel industry’s legal issues
    • White House drafting corporate tax cut
    • Whitbread reports results for full year ending 2 March

    Law Conference: Legal issues linger for hotel industry

    Hospitality Law Conference panelists shared their observations on recent legal issues such as mergers and acquisitions, owner and management liabilities, and regulations on alternative accommodations and what they mean for the hotel industry today.

    US hotel transactions list

    Updates to this list include: Sale of Lighthouse Inn, Hyatt Place Phoenix-Mesa and Hyatt Place Atlanta Airport North.

    STR: Mexico hotel performance for Q1 2017

    In the first quarter of 2017, Mexico's hotel industry reported positive year-over-year results. Occupancy rose 1.2% to 64.7%, while ADR increased 5.7% to 2,630.59 Mexican pesos ($138.88) and RevPAR jumped 7% to 1,701.21 Mexican pesos ($89.81).

    5 things to know: 24 April 2017

    From the desks of the Hotel News Now editorial staff:

    • RLJ to buy FelCor
    • Real estate tax cuts could be tricky
    • Growth of asset management smooths owner-brand relations
    • European hotels enjoy strong Q1
    • Developers keyed in on upscale select service