The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 21-27 January 2018, according to data from STR.

Four Sisters Inns, a collection of 18 boutique inns and hotels located in California, has been acquired by an in-house executive team.

Phil Cordell is reinventing himself, and plans to alter at least part of Hilton’s future as a result.

While the challenges facing businesses in sub-Saharan Africa remain significant, officials with JLL expect hotel performance in the region to be strong in 2018, with the pace of transactions increasing.

While the general outlook for the U.S. hotel industry remains optimistic, owners and operators know their business can change on a dime.

A joint venture between hotel company China Lodging Group and private equity firm TPG Capital Asia has acquired two hotels in Beijing' Chaoyang District central business area in a RMB 1.18-billion sale from Singapore's Ascendas Hospitality Trust.

HotStats reported a rise in room occupancy levels at hotels in the Middle East and Africa in December, boosting growth in revenue and profit. This positive performance marked a strong end to a year of mixed results for the region.

Four Seasons Hotels and Resorts and India-based developer Embassy Group will open a new Four Seasons hotel and private residences in summer 2018 in Bengaluru, India.

JLL has brokered the sale of two hotels in Argentina to investment funds managed by PointState Argentum for close to $100 million.

Keith Barr, who became CEO of InterContinental Hotels Group last July, falls into this category: a Boston native, Barr once dropped his Rs with the best of them.

Strong year-over-year rate growth, combined with moderate growth in occupancy, combined for a decidedly positive 2017 for hoteliers in Canada, according to the latest data from STR.

Dalian Wanda Group is selling off its Australian hotel projects to China-backed developer AWH Investment Group in a USD$913 million-deal.

Jan Freitag, SVP of lodging insights for HNN’s parent company STR, has presented some new research looking at the impact of currency fluctuations on room rates in gateway markets.

The performance of Ukraine’s hotel industry improved for the second consecutive year in 2017.

If you own a hotel and want to trim operating costs, finding ways to cut down on utilities and energy use should be top-of-mind. It was for Jacques D’Rovencourt, GM of the 1,200-room Hilton Americas-Houston, who had the hotel install a water-recycling system.

With the purchase and repositioning of the Hotel Ketchum in Ketchum, Idaho, HayMax Capital and its management arm, HayMax Hotels, have further increased their footprint in the independent hotel space.

Hotel Ritz Madrid, the 108-year-old property that was one of the original European hotels opened under famed hotelier Cesar Ritz, will close Feb. 28 for a $121 million renovation, and will reopen late next year.

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 14-20 January 2018, according to data from STR.

Host Hotels & Resorts is reportedly looking to sell the W Hotel in Midtown Manhattan, New York City, to Capstone Equities and HEI Hotels & Resorts.

The hotel industry is confident that the GOP tax cuts passed last month will spur an increase in leisure and corporate demand as well as hotel development.