AHLA’s 2022 Midyear State of the Hotel Industry Forecasts 2022 Nominal Room Revenue, State & Local Taxes Will Exceed 2019 Levels WASHINGTON (July 27, 2022) – Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end…
Partnerships deepen IHG’s commitment to awareness and prevention efforts, and survivor support ATLANTA (July 27, 2022) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced partnerships with two leading anti-human trafficking organizations, ECPAT-USA and Polaris, to strengthen the company’s ongoing efforts against trafficking and support survivors. The launch of these engagements coincides with the United Nations’…
July 27, 2022 – PORTSMOUTH, NH According to the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. construction pipeline stands at 5,220 projects/621,268 rooms at the close of 2022’s second quarter, up 9% Year-Over-Year (YOY) by projects and 4% YOY by rooms. At Q2 ‘22, there are 965…
New Additions Located in Colorado and Texas WEST PALM BEACH, Fla., July 26, 2022—Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels in the United States, announced today that the company has added three WaterWalk properties with two different ownership groups to its ever-growing, nationwide portfolio. The properties are…
Eighteen organizations committed to advancing women in hospitality industry leadership have joined forces to maximize their efforts through collaboration and partnership. While each of these independent organizations will continue its work individually to advance women’s initiatives in the industry, together they formed the Women in Hospitality Leadership Alliance which will amplify all their programs, messaging,…
Tech-First Hospitality Brand Reimagines Two Historic Landmarked Buildings Including The Divine Lorraine Hotel; and Sets to Open a Third by Year End NEW YORK, July 25, 2022 /PRNewswire/ — Mint House, the premiere tech-enabled residential hospitality brand offering spacious, apartment-style accommodations across the U.S., announced today the opening of two new locations in Philadelphia – Mint House at The Ledger, a…
Leading residential brand and operating platform partners with Airbnb to promote flexibility and apartment monetization for Sentral residents via homeshare program DENVER, July 18, 2022 /PRNewswire/ — Sentral, the category-defining residential brand and operating platform building the world’s largest flexible living community, today announces that it has partnered with Airbnb to allow qualifying Sentral residents to host their apartments exclusively…
Q2 performance fuels adjusted forecast to reach full market recovery in 2023 ARLINGTON, Va. — July 20, 2022 — Knowland, the world’s leading provider of data-as-a- service insights on meetings and events for hospitality, released the quarterly update to its U.S. Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25) showing…
Analysts have coined 2022 the year of “revenge travel.” People around the world are embarking on trips to try to make up for vacations lost to COVID-19 restrictions while airlines are struggling to meet demand. However, certain challenges still face travel-goers, such as inflation affecting travel costs and a lack of travel experience in the…
PARSIPPANY, N.J., July 21, 2022 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company with more than 8,900 hotels in over 95 countries, and Palladium Hotel Group, one of the largest Spanish hotel companies, announced, today, a commercial alliance that will add more than 6,500 rooms to Wyndham’s Registry Collection. The 14 spectacular all-inclusive TRS…
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