Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the winners of its Eleventh Annual Pebby Awards. The Pebby Award winners were chosen for their outstanding accomplishments in 2022, as determined by the Company.
Peachtree Hospitality Management ("PHM") has entered into agreements with TEKMAK Development Company (“TEKMAK”), a full-service hospitality development company, to provide third-party management services for a portion of its hotel portfolio. PHM will assume operations of the SpringHill Suites Dallas Rockwall on Aug. 1, 2023, and is slated to manage two under-construction hotels, a dual-branded TownePlace Suites by Marriott and Fairfield by Marriott in Paris, Texas, and a TownePlace Suites by Marriott in Forney, Texas.
The National Travel and Tourism Office (NTTO) recently released an international visitation forecast, its first since the onset of the pandemic. The forecast, which extends until 2027, projects that inbound travel will fully recover to pre-pandemic levels in 2025. This is consistent with U.S. Travel’s fall 2022 forecast. By 2027, NTTO projects that there will be 91 million international visitations, which is in line with the government’s recently-announced National Travel and Tourism Strategy.
U.S. Travel Association President and CEO Geoff Freeman issued the following statement on the U.S. Bureau of Labor Statistics February employment report, in which leisure and hospitality jobs grew by 105,000 and the total economy added 311,000 jobs.
A joint venture of NewcrestImage and Hospitality Capital Partners (HCP) has completed acquisition of 11 hotels in seven states with a total of 1,551 rooms in a transaction handled by Al Calhoun and Mark Fair at CBRE in Atlanta.
Choice Privileges has once again been named one of America’s Best Loyalty Programs. The prestigious rankings are presented by Newsweek and the global data research firm Statista and based on an independent survey of more than 4,000 loyalty program members. Customers evaluated programs based on six criteria: Likelihood of Recommendation, Ease & Enjoyment, Benefit, Overall Satisfaction, Customer Support, and Trust. This is the third straight year that Choice Privileges, the award-winning loyalty program of Choice Hotels International, Inc. (NYSE: CHH), has received the honor.
BWH Hotel Group is partnering with industry-leading hotel management company, Midas Hospitality, for the management of its urban, upscale boutique Vīb hotel in Tempe, Arizona. The Tempe hotel joined BWH Hotel Group’s global Vīb portfolio in 2022 as a shining example of the brand with thoughtfully designed spaces that invite collaboration and socialization while still offering flexible function with a stylish flair.
Aimbridge Hospitality, a leading global hospitality company, continues to expand its managed portfolio with the addition of nine properties to its specialized Select Service operating division. Nine hotels, owned by Neema Hospitality, are located across Maryland, Pennsylvania and West Virginia, and aggregate to 774 guestrooms.
In an effort to dig deeper into the traveler experience and identify barriers and points of friction that keep travelers at home or traveling less frequently, we launched a new quarterly consumer survey with Ipsos at the start of the year.
Crestline Hotels & Resorts, LLC (“Crestline”) today announced the addition of two hotels to its managed portfolio—the 84 room Fairfield Inn & Suites Fairmont, West Virginia and the 105 room Hampton Inn & Suites Legacy Park-Frisco, Texas.
After ending 2022 with a 25% increase in its hotel management portfolio, First Hospitality, a national hotel operating and development company, kicks off 2023 by earning the 2023 Top Workplaces USA award, issued by Energage. Winners of the Top Workplaces USA list are chosen based solely on employee feedback gathered through an Energage issued employee engagement survey. First Hospitality honored associates across its diverse portfolio of over 50 hotels during the 37th Annual First Honors Gala, January 25-26, 2023 in Toledo, OH.
On February 15, 2023, a federal appeals court blocked a California law that prohibited employers from requiring their workers to resolve legal disputes in private arbitration.
Remington Hotels, a dynamic hotel management company, today announces its management agreement for La Quinta Inn & Suites by Wyndham Lakeway. Located in the thriving community known as the City of Lakeway, the property marks the fifth hotel in the Austin area, further strengthening Remington’s portfolio in the market. Remington will manage the hotel’s sales, marketing, operations, revenue management, and overall customer satisfaction results.
Did you know: Travel spending is considered an export or an import—depending on who is spending.
New data released by the U.S. Department of Commerce reveals the country’s travel trade surplus slipped to just $4 billion in 2022—down from an all-time high of $85.9 billion less than a decade ago, underscoring the urgent need to rebuild inbound travel and regain its associated economic benefits.
A bipartisan group of 44 mayors and officials representing American cities and counties came together to send Secretary of State Antony Blinken a letter urging immediate action to reduce visitor visa interview wait times, which persistently remain above 400 days for would-be travelers from key international inbound markets.
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels with a portfolio of more than 100 properties across the United States, recently announced that it has assumed management of the 270-room Hyatt Regency Boston Harbor Hotel in Boston, Massachusetts. The Hyatt Regency, owned by Pebblebrook Hotel Trust, is located at the doorstep of Logan International Airport and is among the city’s premier full-service hotels.
Davidson Resorts, the highly specialized operating vertical under Davidson Hospitality Group, has been identified by Flag Luxury Group and Unicorp National Developments to manage Wyndham Orlando Resort International Drive in Orlando, Florida. Located in the heart of the ICON Park entertainment district within walking distance to The Wheel at ICON Park and more than 50 shops, restaurants and entertainment venues, the sprawling Central Florida resort features 613 guestrooms and suites; two restaurants and bars; two outdoor pools; state-of-the-art fitness facilities; 60,000 square feet of flexible event space, and a convenient shuttle to Universal Studios, Islands of Adventure and SeaWorld Orlando theme parks.
President Biden reassured the American people that the trajectory of the American economy is strong. The president outlined policy priorities he hopes will continue to build on the recovery of the past year.
The International Society of Hospitality Consultants (ISHC) in partnership with the Americas Lodging Investment Summit (ALIS) presented Alejandro Zozaya, former Chairman of Apple Leisure Group, with the Pioneer Award which recognizes an individual annually who has made an outstanding contribution, achievement and/or improvement in the hospitality industry.
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