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Below are the latest press releases from STR. Please select a headline to read the full article. To see the complete archive of press releases, please click here.  For all other news on the hotel industry please go to www.HotelNewsNow.com.

 

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    5 things to know: 24 June 2019

    From the desks of the Hotel News Now editorial staff:

    • Special Report: Different approaches to group business
    • Eldorado Resorts to acquire Caesars Entertainment for $8.6b
    • Hard Rock in Punta Cana removes minibar liquor dispensers
    • Economic recovery shaky as eurozone job market slows
    • US oil prices jump 10% as conflict with Iran continues

    Where groups are going and how to book them

    In this Special Report, Hotel News Now explores the state of group business, including what markets are thriving in the segment and insights into hoteliers’ strategies for booking meetings and events.

    Pebblebrook CEO on LaSalle integration, beyond

    Pebblebrook Hotel Trust’s integration of LaSalle Hotel Properties, which it acquired in a deal finalized in January, is going smoothly, according to Pebblebrook CEO Jon Bortz, who shared details of the process—and what’s next for the company—with Hotel News Now at the recent NYU International Hotel Industry Investment Conference.

    ROI, resilience keep budget brands viable

    Executives from G6 Hospitality, InterContinental Hotels Group, Meininger Hotels, Wyndham Hotels & Resorts and RLH Corporation talk about why lower-cost hotels are enjoying popularity among guests and owners around the world.

    Guests quicker than hoteliers to seize on media passion

    I expected a panel I attended last week would take on labor difficulties, Brexit, business rates and indecision, but rather we were entertained by tales of TV, movies and fantasy. Hoteliers should still listen (or watch) carefully.

    5 things to know: 21 June 2019

    From the desks of the Hotel News Now editorial staff:

    • Canceled flights to Dominican Republic are climbing
    • The pipeline phases where projects are most often abandoned
    • Hyatt, Homeinns reveal name of joint-venture brand
    • India hotels rationing water use
    • Monthly hotel performance for US is positive

    Trinity expands to new geography, asset types

    In a recent interview with Hotel News Now, Trinity Investments Managing Partner Sean Hehir details how his company is going to new places and new types of properties in its quest for growth.

    5 things to know: 20 June 2019

    From the desks of the Hotel News Now editorial staff:

    • Oyo to invest $300 million for US expansion
    • Patrick Mullinix forms Advantage Hotels
    • 5 obstacles to the evolution of revenue management
    • Fed won’t cut rates until 2020
    • ‘Dynamic factors’ supporting Puerto Rico’s comeback

    Unique partnerships continue to propel Loews’ growth

    Alex Tisch, VP at Loews Corporation and EVP and chief commercial and business development officer for Loews Hotels, said his company has a solid path to growth built around “immersive destinations” and convention center properties aimed at group business.

    5 things to know: 19 June 2019

    From the desks of the Hotel News Now editorial staff:

    • Marriott CFO on the most important tool in the toolbox
    • Whitbread reports full-year 2018 results
    • What asset managers are investing in
    • Private-sector companies spending less on bonuses
    • Hotels not booking locals?