Press Releases

Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels

Building on its strong growth, independent hotel management company Trilogy Hotels, has set its sights on the Darwin market, announcing today a significant partnership with the notable local family-run DCOH Group. This important deal will see Trilogy take charge of 417 rooms across three hotels, including Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.

Newport Expands Portfolio with Management Acquisition of Two Altoona, Pennsylvania Hotels

Newport is proud to announce the acquisition of management responsibilities for the Wingate by Wyndham Altoona Downtown/Medical Center and Microtel by Wyndham Altoona, effective October 1, 2024. This strategic addition to Newport’s portfolio reflects the company’s commitment to delivering unparalleled hospitality experiences and investing in properties that offer value to both business and leisure travelers.

Valor Hospitality To Manage First Property in Saudi Arabia

Valor Hospitality Partners a leading global full-service hotel management company, is proud to announce the signing of its Lifestyle property in the Kingdom of Saudi Arabia, in the city of Abha, the capital of the Aseer region. The upscale Hijla Hotel, owned by Mr. Mohammed Manaa Almounis and Mr. Samir Muhammad Al Qahtani, and Kayan Almusanada company, in collaboration with the Tourism Development Fund (TDF), is slated to open its doors in the 2nd semester of 2025. This new venture represents a significant milestone for Valor Hospitality Partners to expand its portfolio in Saudi Arabia.

Hotel and hospitality professionals unite to oppose Intro 991 at City Hall press conference

Today, hundreds of hotel and hospitality professionals gathered on the steps of City Hall to voice their opposition to Intro 991, the so-called “Safe Hotels Act.” The press conference brought together representatives from across the hospitality sector who highlighted the severe consequences this bill would have on New York City’s hotels, subcontractors, and small businesses.

Crescent Hotels & Resorts Announces Management of the Hotel Cleveland, Autograph Collection

Crescent Hotels & Resorts has announced the management of Hotel Cleveland, Autograph Collection, a historic property situated in downtown Cleveland. The former Renaissance Cleveland Hotel underwent an extensive multi-year $80 million renovation and reopened in April 2024 under its original name. With over 100 years of history, Hotel Cleveland effortlessly merges the city’s rich heritage with modern charm, offering an upscale experience that makes it an ideal addition to the Latitudes: Lifestyles by Crescent collection.

Commitment to Knowledge: HFTP Celebrates Robert Mandelbaum’s Impact in Hospitality Research

Robert Mandelbaum, Research Director at CBRE Hotel Research, has long been a leader and educator in hospitality financial research and a dedicated contributor to HFTP. It is with great honor that HFTP will present Mandelbaum with the 2024 HFTP Paragon Award, recognizing his significant and lasting contributions to both the association and the hospitality industry. Mandelbaum will receive the award during the HFTP 2024 Annual Convention at the Keynote Session on October 23.

World Tourism Day 2024: A Global Message of Tourism for Peace

Tourism has committed to embrace its unique role as a pillar of peace and understanding. On World Tourism Day 2024, UN Tourism brought sector leaders from every global region together around a common vision and commitment to building a “peace-sensitive sector”, recognizing its potential to build bridges and foster understanding.

AAHOA Members Gather in D.C. to Tackle Critical Hotel Industry Issues During Key Election Year

With 468 seats in the U.S. Congress (33 Senate seats and all 435 House seats) and the U.S. presidency up for grabs this November, the stakes have never been higher for the hotel industry. This year’s AAHOA (Asian American Hotel Owners Association) Fall National Advocacy Conference (FNAC) underscored hoteliers’ critical role in shaping policies impacting their businesses and the broader hospitality sector.