Top Hotel Industry News
Hotel News Now
Stay informed with the latest headlines, trends and analytics affecting the global hotel industry. Part of CoStar News.
Balance Sheet Stress Expected To Drive US Hotel Deals in Latter Half of 2024
In a look at the U.S. hotels environment in the first half and ahead to the rest of 2024, industry experts share their insights into the market dynamics at play.
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Wyndham CEO Confident Select-Service Hotel Revenue Will 'Bounce Back'
During Wyndham Hotels & Resorts ' second-quarter earnings call, President and CEO Geoff Ballotti spoke about the company's development pipeline and record rooms opening.
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Global IT Outage That Rocked Airlines Couldn’t Curtail a Great Week for US Hotels
U.S. hotel occupancy reached 73.5% during the week of July 14-20, and the last time occupancy surpassed 73% was in the summer of 2019.
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While Hotels Need Tech Innovation, Guests Want Consistency
Technology must drive new innovations in the hotel industry, experts say, but those innovations must focus on creating a seamless guest experience and a secure IT environment.
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Selina Hospitality's Board Says It Has 'No Reasonable Prospects' To Avoid Insolvency
Selina Hospitality's board found the company cannot avoid insolvency and is working with FTI Consulting as joint administrators on options to move forward, including a sales process.
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