Second Quarter 2021: Are We There Yet?
United States hotel prices have rebounded above their statistical lower bound in all regions except the Mountain states, signaling a return toward their pre-pandemic level—although we are not quite there yet…
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The former Starbucks CEO first worked at a ski lodge. His next moves were both serendipitous and strategic.
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Red Roof Launches New Hometowne Studios Prototype
Red Roof, the leader in economy lodging, unveiled a new prototype for its groundbreaking HomeTowne Studios by Red Roof brand at the 2021 AAHOACON conference of hotel franchisees.
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In $17 billion deal, MGM Resorts sells stake in real estate company
A $17 billion deal announced Wednesday consolidated many of Las Vegas' biggest hotel-casinos under one real estate company.
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The Porsche dynasty is taking on Jeff Bezos and Elon Musk in space
Porsche SE, the family holding company that controls Volkswagen Group, is the latest big investor to bet on space's crucial role in developing future technologies.
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Marriott Eliminates Discount For Federal Government Employees
Sometime in the past couple of months Marriott changed the rules for stays on government rates. It used to be that most Marriott properties merely required a guest to be a federal employee to take advantage of a federal government rate…
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Silicon Valley Gets a New Meeting-Ready Hotel
The Ameswell, an independent 255-room property, opened this month close to Google headquarters.
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Preferred launches hotel buyout experiences
To meet the growing demand for private and secluded getaways, Preferred Hotels & Resorts has the launched the WHERE NEXT? Buyouts—the second phase of its global WHERE NEXT? campaign.
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AHLA: Nearly 500,000 hotel jobs won’t return by year-end
Midway through 2021, a new report and state-by-state job loss breakdown released by the American Hotel & Lodging Association (AHLA) find that while leisure travel is starting to return, the hotel industry’s road to recovery from the pandemic is long…
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New York icon Ian Schrager has seen the high-end hotel future: We’re carrying our own bags
‘Who needs all those luxuries from Europe in the 17th and 18th centuries?’ Schrager says of his contemporary, Lower East Side hotel
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LVMH Plans to Build an Ultra-Premium Hotel on Rodeo Drive
Just when you thought Rodeo Drive couldn’t possibly get any more luxe, LVMH is like, “Hold my martini.” The luxury conglomerate is planning to open an ultra-premium hotel on the famed thoroughfare to outshine all competition…
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Virgin Galactic completes successful test flight with Richard Branson aboard
Swashbuckling billionaire Richard Branson hurtled into space aboard his own winged rocket ship Sunday, bringing astro-tourism a step closer to reality and beating out his exceedingly richer rival Jeff Bezos…
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Hilton does away with daily housekeeping for most U.S. hotels
Hilton has made daily housekeeping optional across most of its brands in the U.S. Effective this week, daily housekeeping will be performed only upon request.
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AHLA: 21 of top 25 U.S. hotel markets in depression or recession
Despite an uptick in leisure travel, a new report released by the American Hotel & Lodging Association (AHLA) shows that the road to recovery for the hotel industry is long—with 21 of the top 25 U.S…
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MGM Resorts in Vegas goes solar
MGM Resorts International has launched its 100-megawatt solar array, the hospitality industry’s largest directly sourced renewable electricity project worldwide, according to the company…
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Sir Richard Branson sets 11 July to make spaceflight
Sir Richard Branson has named the date he'll fly to the edge of space. It will be 11 July, or very soon after…
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HotStats: Global hotel demand uptick tussles with competing costs
With the global pandemic showing some signs of relent, the collective hotel industry is reaping the reward, as travelers get back on planes or hit the road for a well-needed break from work-from-home monotony and Netflix overload…
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Company Details Results of Successful May Test Flight Following Data Analysis Test Flight Program on Track for Flights this Summer
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