The U.S. hotel industry took in more than $100 in revenue for every available room for the first time since October 2019 despite slowing hotel demand as the summer leisure season wanes. For the week ending July 24, absolute revenue per available was…
Essex Hotel Management, LLC, has added Courtyard by Marriott Rochester Downtown, which first opened its doors in June 2021, to its growing portfolio of hotels. “Courtyard by Marriott Rochester Downtown marks the first Marriott branded property in th…
MWhat would you do if you had a million francs to invest? This is the question posed to Hotel Institute Montreux’s Bachelor of Business Administration in Hospitality Management students who have chosen to specialize in Financial Analysis and Wealth …
Hilton (NYSE: HLT) has signed an agreement with the new owners of Hotel 1000 in Seattle. Lighthouse Investments and ESI Ventures with equity financing from Kildare Partners acquired Hotel 1000 last month and plan to transition the property to LXR Ho…