Choice Hotels Publishes 2023 ESG Report
Lodging
by LODGING Staff
12h ago
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice’s latest initiatives to drive sustainability across its portfolio of hotels. This includes new and expanded requirements to help reduce utility usage and identify savings through its revamped Room to be Green verification program. As part of this initiative, the report highlights the adoption of Choice’s automated utility tracking dashboard, with over 2,600 properties participating and counting. “At […] The post Choice Hotels Publishes 2023 ESG R ..read more
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World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
Lodging
by LODGING Staff
12h ago
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique and luxury hotels and villas around the globe with Mr & Mrs Smith. From glamping stays and wellness retreats to palazzos, ski resorts, and more, members can earn and redeem World of Hyatt points when they book through Hyatt channels. The participating properties from the Mr & Mrs Smith portfolio add […] The post World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith appeared first on LODGING Magazine ..read more
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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
Lodging
by LODGING Staff
12h ago
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there were 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9 percent year-over-year (YOY) increase in projects and a 7 percent YOY increase in rooms compared to last year. The details can be seen directly within the stages of the pipeline, which all saw YOY growth […] The post Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth appeared first on LODGING Magazine ..read more
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Wyndham Hotels & Resorts Reports Q1 2024 Results
Lodging
by LODGING Staff
12h ago
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include: “We’re thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention, and net room growth around the world,” said Geoff Ballotti, president and CEO. “Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8 percent increase. Our strong balance sheet and […] The post Wyndham Hotels & Resorts Reports Q1 2024 Results appeared first on L ..read more
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This Week’s Comings & Goings
Lodging
by LODGING Staff
12h ago
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He succeeds Nick Kellock, who will retire in May. Aimbridge Hospitality announced Greg Moundas as chief legal officer, reassuming the role after a short stint away from the organization. Moundas will play a key role in the company’s executive team. Mainsail Lodging & Development announced the promotion of Sara DeBerry to regional […] The post This Week’s Comings & Goings appeared first on LODGING Magazine ..read more
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
Lodging
by LODGING Staff
2d ago
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel situated near ski trails, training facilities, and year-round outdoor amenities. Berkadia South Florida’s Managing Directors Michael Weinberg and Scott Wadler, along with their team members Alec Fox and Edmund Aramayo, arranged the five-year, fixed-rate CMBS loan through Goldman Sachs Bank USA. “The hotel, with its extensive meeting space compared to its […] The post Driftwood Capital Secures Refinancing for Sheraton Park City Hotel appeared fir ..read more
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Knowland and Amadeus Share Q1 2024 Performance Index Data
Lodging
by LODGING Staff
2d ago
ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the Index focuses on year-over-year (YOY) performance. This first report shows the group health index is 102.3 percent YOY and six of the top 25 U.S. markets have achieved 110 percent compared to the same time in 2023. The Index combines event data from Knowland with hotel booking data from Amadeus’ Demand360+ […] The post Knowland and Amadeus Share Q1 2024 Performance Index Data appeared first on LODGING Magazine ..read more
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3 Ways Hoteliers Can Protect Data With Key Control Solutions
Lodging
by Marcey Tweedie, Marketing Specialist, Morse Watchmans
3d ago
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through cybersecurity measures the hotel has put in place. A data breach can cost thousands to millions of dollars to repair damage and restore security, depending on the type of data breach and the number of consumers affected. The reputation of the hotel chain is another matter entirely after occurrences of cyber […] The post 3 Ways Hoteliers Can Protect Data With Key Control Solutions appeared first on LODGING Magazine ..read more
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A Louisiana-Style Guest Getaway
Lodging Magazine
by George Seli
3d ago
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is listed in the city’s National Register of Historic Places. The design of the 87-room property took inspiration from the 68-year-old building, while also providing a counterpoint to its historic style. “As a product of the International Style of architecture of the 1950s and ’60s, The Baton Rouge Savings & Loan Association […] The post A Louisiana-Style Guest Getaway appeared first on LODGING Magazine ..read more
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Booking.com: Annual Research Shows New Challenges With Sustainable Travel
Lodging
by LODGING Staff
3d ago
AMSTERDAM—Booking.com released research with insights gathered from more than 31,000 travelers across 34 countries and territories, exploring the latest consumer attitudes, priorities, and influences related to sustainable travel. While the annual research revealed a continued sense of desire and awareness with 83 percent of travelers confirming that sustainable travel is important to them, new insights show a sense of weariness could be emerging globally, fueled by the ongoing challenges experienced by travelers to make more […] The post Booking.com: Annual Research Shows New Challenges With ..read more
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