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Midas Hospitality is Now Managing Two Tulsa Hotels

Midas Hospitality—a leading hotel development, management and investment firm—recently added two Oklahoma hotels to its growing management operations. The two Hilton properties are the Hilton...

Two New Hotels Planned at International Drive

Two hotels, with a combined total of 600 rooms, are being proposed near International Drive and across from Universal Orlando Resort’s future Epic Universe...

CRESCENT HOTELS & RESORT TO MANAGE CAMBRIA CHICAGO LOOP – THEATRE DISTRICT

OPENED ATOP HISTORIC ORIENTAL THEATRE WEDNESDAY, MAY 24 The Oriental Theatre will soon play host to musicals and a hotel, as Cambria hotels & suites...

56% of Americans Likely to Travel for Vacation In 2021, and 21% Report Traveling...

A new survey conducted by Morning Consult and commissioned by the American Hotel & Lodging Association (AHLA) shows consumers are optimistic about traveling again...

U.S. Hotel Profits Fell 84.6% in 2020

Including a 100.6% decline in December, U.S. hotel profitability fell 84.6% in 2020, according to STR‘s latest monthly P&L data release. December gross operating profit per available...

Full Hotel Recovery is Still Unlikely Until 2024

With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released during the virtual NYU Hospitality Conference....

U.S. Leads in Hotel Openings During Pandemic

The U.S. opened more hotels and rooms than any country between the beginning of March and end of September, according to global pipeline data...

COVID and Clinical Trials: A Look at Research and Conferences in the Time of...

Clinical trials are an often-overlooked segment of the medical meetings and events industry. They operate behind the scenes, slowly contributing knowledge and testing drugs...

Hotel Industry Moves Closer to 50% Occupancy

U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February, according to STR‘s latest monthly P&L...

The Hotel Industry is Facing a Historic Wave of Foreclosures

A new national report shows that the hotel industry is facing a historic wave of foreclosures as the COVID-19 pandemic continues to devastate small...