A record-breaking summer of travel demand sharpened the impact of government inefficiencies and hassles across the travel system, potentially resulting in air travelers taking an average of two fewer trips per year at a projected total cost of $71 billion to the U.S. economy—according to a new U.S. Travel survey from Ipsos.
Lodging Dynamics Hospitality Group (Lodging Dynamics), a leading hotel management company, has been appointed to manage the Residence Inn by Marriott Los Angeles/Redondo Beach. This hotel is the ninth managed by Lodging Dynamics in Southern California and one of several Southern California Hotels developed and owned by Mogul Capital.
When the Patel family opened a hotel in Dickinson, North Dakota in 2007, they agreed that brand recognition offered by a large franchise chain would be a valuable trade-off to operating independently. After careful analysis, they chose to operate their family hotel as a Quality Inn and Suites with Choice Hotel International Inc. (Choice Hotels). This is similar to the decisions being made by thousands of entrepreneurs each year to become franchisees of large brands instead of working as independent small business owners.
JMBM is pleased to announce that partners Jim Butler, Catherine DeBono Holmes and David Sudeck have been named to EB5 Investors Magazine’s Top 15 Corporate and Securities Attorneys list for 2023.
More than seven in ten Americans would be deterred from booking a hotel room in Los Angeles if hotels there are forced to house homeless people next to paying guests. That’s according to a new national poll commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult.
Charlestowne Hotels, a leading hospitality management company, today announces its continued expansion in the Midwest with the management takeover of The H Hotel in Midland, Michigan—its first property in the state and seventh in the region.
Aligned Hospitality Management has expanded its presence in Arizona and continued its rapid growth by adding two properties to its portfolio. This expansion not only underlines the company's growing footprint in the Arizona market but also underscores the continued trust owners have in Aligned's expertise and third-party management capabilities. With these portfolio additions, Aligned manages nearly 20 properties across various markets.
Maverick Hotels and Restaurants announced today that it continues to grow the company’s expanding portfolio with the addition of another hotel in the metropolitan Chicago market. Maverick founder and CEO Robert Habeeb made the announcement.
Travel industry leaders Elliott L. Ferguson, II, president and CEO of Destination DC, and Peter F. Herschend, co-founder of Herschend Enterprises, will be honored as the 2023 inductees into the U.S. Travel Association Hall of Leaders, the organization announced Tuesday.
A federal government shutdown is estimated to cost the U.S. travel economy as much as $140 million a day, according to new analysis for the U.S. Travel Association—underscoring the dire consequences of Congress failing to pass a short-term extension by September 30.
Travel is far more than a means to reach destinations; it's a dynamic force that propels economies forward and powers nearly every industry and community across the United States.
First Hospitality, a national hotel management and development company, is pleased to announce an agreement to acquire the majority of the hotel management agreements of Hostmark Hospitality Group, headquartered in Schaumburg, IL. This strategic move significantly expands First Hospitality's geographic presence, augments its collection of restaurants and bars, and promises to bring added benefits to its expanded portfolio, which will include more than 70 hotels nationwide.
Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the Homewood Suites by Hilton Eatontown. The 131-room, extended-stay hotel, which is HHP’s eleventh property, is located in Eatontown, NJ in close proximity to the Jersey Shore beaches, major hospital systems, sports complexes and universities. The hotel is also located near Fort Monmouth, a decommissioned army base that is in the process of undergoing a transformational redevelopment.
MCR — the country’s 3rd-largest hotel owner-operator — has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North Carolina. Closed with new financing in place, the hotel was purchased at a 20% discount to MCR’s estimated replacement cost. This is the company’s sixth hotel in North Carolina and its first Canopy by Hilton hotel.
Hotel Equities, a leader in hotel ownership, management, and development, proudly affirms its commitment to the American Hotel & Lodging Association (AHLA). There is no more important organization representing our industry and the issues that matter. As members of the AHLA, we recognize their critical role in championing our industry's collective success and advocating for our shared interests.
National Hospitality Services (NHS), a hotel management company based in Fargo, ND, and an affiliate of Hotel Equities (HE), is excited to announce that with its latest addition of two North Dakota hotels the company has reached a milestone achievement of 40 hotels under management across the United States. The NHS portfolio is comprised of over 20 brands, spanning 15 different states.
After several years of incredibly challenging business conditions, which caused much of the hospitality industry to scale back on capital expenditures, hotel management companies have started making serious investments in renovations, maintenance and staffing. According to the J.D. Power 2023 North America Third-Party Hotel Management Guest Satisfaction Benchmark,SM released today, those investments are paying off in the form of strong satisfaction scores for quality of the guest room and staff service.
Brick Hospitality, a San Diego-based hotel management company is proud to announce its launch and its newly appointed group of expertise-driven leaders. The company is led by an all-star executive team with experienced hospitality professionals who specialize in acquisitions, hotel development and design, hotel renovations and openings, sales and marketing, revenue management, food and beverage and more.
First Hospitality, national hotel operations and development company, assumed management and operations of the Lively Hotel in Oklahoma City, further advancing the company’s growth into larger urban city destinations.
Highgate, a leading real estate and hospitality management company, has been selected by Continental Assets Management to manage Hilton Garden Inn Kauai Wailua Bay. This marks Highgate’s’ first property on Kauai and its 12th property in Hawaii, including the notable ‘Alohilani Resort Waikiki Beach and The Twin Fin, Oahu.