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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: 23 April 2019

    From the desks of the Hotel News Now editorial staff:

    • Oyo CEO on how he’ll continue exponential growth
    • IHG and Valor ink deal for African growth
    • Early earnings reports lift markets
    • Rate does heavy lifting for US hotels in Q1
    • A new hotel amenity: Ax throwing

    Accor starts 2022 €1.2b EBITDA push with strong Q1

    Accor is on a four-year mission to boost EBITDA to €1.2 billion, with CEO Sébastien Bazin saying the company expects to post record years in 2019 and 2020 as it gears up to 2022. The first results, Q1 2019, underline the strategy is going according to plan, despite a few RevPAR wobbles in the APAC region.

    Oyo CEO shares plan for making the ‘most-loved’ brand

    In merely five years, India’s Oyo Rooms has grown from one property to more than 12,000 rooms in more than 500 cities. Its mission? To become “the most-loved hospitality brand in the world,” according to founder and CEO Ritesh Agarwal.

    US hotel openings list

    Updates to this list include: The 367-room Hilton Washington D.C. National Mall opens; WoodSpring's first Oregon property; and more.

    5 things to know: 22 April 2019

    From the desks of the Hotel News Now editorial staff:

    • Sri Lanka attacks put dent in tourism comeback
    • Will a weak Q1 derail full-year hotel growth projections?
    • US gas prices climbing upward
    • Accor names CEO for North and Central America
    • Slight rate increase pushes up March hotel revenues

    Hoteliers remain steadfastly on the back foot with data

    The Googles of the world could sow panic in the hotel distribution world with one click. To counter that, hoteliers need to talk, improve their systems, understand what guests want during their entire hotel journey and spend some cash.

    Hotels design, personalize elements for solo travelers

    Faced with a loneliness epidemic in society, hotel staffs are devising ways of detecting and dealing with guests who may be feeling isolated by listening closer, connecting more and providing lots of communal spaces and interactive guest experiences without being invasive.

    5 things to know: 19 April 2019

    From the desks of the Hotel News Now editorial staff:

    • Marriott to build world’s tallest modular hotel in NYC
    • Labor shortage delays full opening of Charleston hotel
    • Hilton reflects on beginnings, looks to innovate
    • New York tops list of most expensive cities for business travel
    • Effects of Trump’s North American trade deal under debate

    How hoteliers should handle law enforcement requests

    While it’s important for hoteliers to cooperate with lawful requests from law enforcement agencies, an attorney at the recent Hospitality Law Conference explained why they need to be careful when it comes to requests for guests’ information.

    5 things to know: 18 April 2019

    From the desks of the Hotel News Now editorial staff:

    • Summit Hotel Properties sells six hotels for $135m
    • KHP Capital Partners closes $361-million fund
    • Radisson’s strategy for growth of Country Inn & Suites
    • Archeologists dig up past life of Crescent Hotel
    • US consumer spending came back in March