DKN Hotels Acquires Residence Inn by Marriott San Diego Sorrento Mesa/Sorrento Valley
DKN Hotels acquired the 150-suite property and plans a comprehensive renovation starting Q2 2026 in partnership with PK Architects and Gensler.
DKN Hotels acquired the 150-suite property and plans a comprehensive renovation starting Q2 2026 in partnership with PK Architects and Gensler.
Kristi Allen of Ensemble Allen will lead the association's efforts against predatory lawsuits and wage mandates affecting 6,000+ California hotels.
Poll reveals 89% want the $1.5 billion annually diverted from TSA security fees returned to fund modern screening technology and reduce airport delays.
Waterford adds five French Quarter properties from The J Collection, bringing its New Orleans portfolio to 11 hotels ahead of peak festival season.
U.S. RevPAR fell 0.3% in the fortnight ending November 29, but excluding 13 hurricane-impacted markets, RevPAR actually grew 0.9%.
CoStar data shows Tampa suffered steep declines due to 2024 hurricane displacement demand comparisons, while San Francisco led gains with 14.9% RevPAR growth.
The two-day Dallas summit focused on menu profitability, procurement cost savings, and team development for F&B leaders across Davidson's hotel portfolio.
Colliers forecasts U.S. commercial real estate recovery in 2026 with 15-20% transaction growth, office vacancy dropping below 18%, and hospitality supply growing 1.3%.
WTTC data shows U.S. tourism GDP grew 1.8% annually while emissions fell 1.7%, demonstrating successful economic-environmental decoupling.
St. Regis launches ultra-exclusive Estates collection for historic, leisure-focused properties, with Newport Coast's Pelican Hill as the first conversion in 2027.
The 335-key Florida resort undergoes a $50 million renovation as Aimbridge's first U.S. all-inclusive property, targeting early 2026 opening.
The multi-year renovation includes 899 Atrium Tower rooms and 600,000 square feet of meeting space at the 1,610-room Dallas landmark.
Despite reaching record workforce levels, the industry faces 70-80% annual turnover in hotels and restaurants, with QSR exceeding 100%.
Newbond Holdings and Conversant Capital acquired distressed hotel assets representing 10% of a city's inventory through a court-supervised receivership process.
The combined company now manages 50+ properties across New England to the Midwest, including premium Marriott and Hilton-branded hotels.
The 23rd annual tournament raised over $100,000 for ALS Society of BC and Vancouver Holocaust Education Centre, bringing total donations since inception to $1.4 million.
The $408 million deal gives the partnership control of roughly 10% of San Francisco's hotel inventory amid the city's hospitality recovery.
Penn State study of 10,000+ hospitality leaders shows women's representation stagnant at senior levels while Black leadership declined from 2.2% to 2.1% over three years.
U.S. RevPAR fell 4.6% for the week ending November 15, with Veterans Day falling on Tuesday causing the sharpest midweek decline since recession years.
U.S. companies that take a strategic, well-governed approach to their business travel programs can achieve up to 30% higher revenue than their peers, according to a new return on investment (ROI) benchmarking study released today by the Global Business Travel Association (GBTA) and the American Society of Travel Advisors (ASTA).