Essex Hotel Management Partners with Larkin Hospitality to Add Six Properties to Management Portfolio
The deal adds 581 keys across six properties in New England, expanding Essex from 11 to 17 hotels and marking its first AC Hotel management.
The deal adds 581 keys across six properties in New England, expanding Essex from 11 to 17 hotels and marking its first AC Hotel management.
The REIT acquired six Hilton-branded hotels across Missouri, Illinois, and Kentucky at a 10% cap rate while raising its dividend 11%.
GBTA-ALTOUR study of 168 travel managers reveals 32% report stricter policies today, with 64% interested in AI-generated policy explainers to improve compliance.
The Miami Beach event targets the Southern US, Caribbean, and Latin America markets where 748 hotel projects are currently in progress.
Noble cites Reno's 15 million annual visitors and technology sector growth as key drivers for the riverfront Renaissance property acquisition.
Peregrine Hospitality adds two premium Northern California properties to reach 59 hotels nationwide, targeting high-demand leisure markets near San Francisco Bay.
Manitoba led with 11.9% occupancy growth while Edmonton and Vancouver posted strong ADR and occupancy gains respectively.
The 2026 expo features 250+ exhibitors, new Discovery Trail, and co-location with Hotel Resort Design South at Miami Beach Convention Center.
NYU and BCG study reveals 37% of travelers use AI for trip planning while hotels face 65% staffing shortages and 11.2% labor cost increases in North America.
CoStar data shows U.S. hotels gained 3.1% occupancy and 6.2% RevPAR for the week, with New Orleans and Las Vegas leading growth.
The platform powered by Groups360 offers real-time dashboards, customizable booking pages, and integration with hotel systems to reduce manual work for planners.
Penn State study of 400+ participants found AI voice ordering increased indulgent food choices by 40% compared to human interaction due to mental fatigue.
Penn State's hybrid master's program allows working hospitality professionals to advance their education while maintaining full-time hotel positions.
GBTA warns that Global Entry suspension due to the government shutdown will create airport delays and hurt the $395.4B business travel market.
The 87-unit luxury development will rise 31 stories along the Intracoastal Waterway, marking Mandarin Oriental's first standalone residences in South Florida.
First RevPAR growth month since March 2025, with Minneapolis leading gains due to federal agent activity and Miami boosted by CFP Championship Game.
The 1,300-room property debuts redesigned rooms, reimagined public spaces, and Percy All Day café after a comprehensive renovation, with rates starting at $279.
Former Sheraton Memphis Downtown transitions to independent Memphis Riverline Hotel while maintaining Marriott Bonvoy benefits and planning phased renovations.
Retail unsold food rates dropped 1.1% while foodservice waste efficiency improved 5.7%, with pilot programs achieving over 50% waste reduction.
NAU's three-year hospitality degree addresses post-pandemic leadership shortages by cutting traditional program length while maintaining rigor through year-round scheduling.