LODGING Staff - 10 Minutes News for Hoteliers - Page 23

2 min

Sotherly Hotels Enters Merger Agreement

💰 Williamsburg, Virginia—Sotherly Hotels Inc. will be acquired by KW Kingfisher LLC for $2.25 per share in cash, a 152.7% premium to the October 24, 2025, share price. The deal, unanimously approved by Sotherly's board, is set to close in Q1 2026. Key advisors include Piper Sandler & Co. and Frost Brown Todd LLP. Affiliates of Apollo and Ascendant are providing debt financing. Andrew Sims, a major stockholder, supports the merger.

2 min

Quore Debuts Quore University Training Platform

📚 Quore launched Quore University, a training platform for 7,400 customer locations, including 12 learning paths for over 40 job titles. The Denver-based initiative, developed with LearnUpon, enhances training efficiency and satisfaction through personalization, gamification, and multilingual support. Following a successful 600-hotel pilot, Quore University aims to improve onboarding and operational efficiency. Mobile-friendly, the platform enables certification portability, offering real-time progress visibility and engaging learning experiences for hospitality staff.

2 min

TownePlace Suites by Marriott Middleburg Opens

🏨 MIDDLEBURG, Florida—On October 2025, TownePlace Suites by Marriott Middleburg opened a 126-room extended-stay hotel. Owned by Clay County Town Center Holdings LLC, it was developed by Paradigm Development Partners and managed by McKibbon Hospitality. The hotel features studio and one-bedroom suites, a lakefront pool, fitness center, and Tesla charging stations. Amenities include complimentary Wi-Fi, a 24-hour market, and flexible meeting space. General Manager James House and Director of Sales Courtney Wahl lead the hotel team.

2 min

Hyatt Regency Coconut Point Resort & Spa Completes Renovation

🏨 BONITA SPRINGS, Florida—Hyatt Regency Coconut Point Resort & Spa announced a multimillion-dollar renovation of its meeting and event spaces. The resort features 82,000 square feet of flexible indoor and outdoor space, including the 14,000 sq. ft. Calusa Ballroom. The renovation included new carpet, lighting, and redesigned outdoor areas. The project added digital signage and revitalized restrooms. Enhancements aimed at providing modern, coastal-inspired aesthetics were led by Rhett Wilson, Director of Sales and Marketing.

1 min

LG Electronics Expands Casting Capability to Thousands of Hotel TVs

📺 LG Electronics USA announced on October 2025 in Denver, Colorado, a free firmware upgrade for their 2020-23 Pro:Centric Smart hospitality TV models, including US670H, US770H, UR770H, and STB-6500 smartbox, enabling Google Cast functionality. This upgrade allows guests to stream content privately and securely from Android or iOS devices. The update underscores LG's commitment to supporting previous-generation TVs, providing seamless in-room streaming without adding devices.

1 min

CoStar: Hotel Pipeline Expands in Europe, All Other Regions Decline

🏠 Europe, September 2025: Europe's hotel construction pipeline grew, with 171,589 rooms in construction (up 5.2%) and a total of 428,345 rooms under contract (up 3.7%). The UK leads with 24,540 rooms in construction. Asia Pacific saw 492,663 rooms in construction (down 3.2%), with China leading at 280,577 rooms. In the Middle East and Africa, construction dropped by 9.4% to 99,895 rooms, with Saudi Arabia and UAE at the forefront. The Americas reported 190,842 rooms in construction (down 8.8%), led by the US at 138,922 rooms.

1 min

Davidson Hospitality Group Expands Into Europe With Addition of Ragdale Hall Spa to Its Portfolio

🏥 Davidson Hospitality Group expands into Europe, announcing the addition of Ragdale Hall Spa in Leicestershire, UK. Set on 13 acres, the spa features 93 rooms and suites, 11,400 square feet of spa facilities, six pools, and 42 treatment rooms. The group aims to maximize profitability and deliver heartfelt hospitality. Davidson's European focus will be on upper-upscale and luxury hotels, starting with this iconic wellness retreat.

1 min

Whitestone Companies Announces Launch of Soartress Hospitality

🏨 Columbus, Ohio—In 2021, Whitestone Companies initiated a strategic transformation of its legacy management firm, culminating in the launch of Soartress Hospitality, headquartered in Columbus. CEO Jay Batra shared that over four years, the company redefined its structure, culture, and technology, aligning with a people-centric vision. Soartress, a subsidiary of Whitestone, focuses on high-quality guest experiences and aims for future growth. It manages a diverse portfolio of select-service, extended-stay, and full-service hotels.

1 min

Hilton Birmingham at UAB Completes Renovation

🏨 Hilton Birmingham at UAB, October 2025, Birmingham, Alabama: Completed a multi-million-dollar renovation of 295 guestrooms and 16,000 sq. ft. of meeting/event space. CCR Architecture & Interiors and P&M Construction led the project. New additions include Blazer’s Grill and a 24-hour fitness center. Located on UAB’s campus, amenities feature a free shuttle, outdoor pool, and pet-friendly options. Managed by Pyramid Global Hospitality, owned by the UAB Educational Foundation.

5 min

Accor Reports Q3 2025 Results

📈 Accor's Q3 2025 highlights show a 3.1% management and franchise revenue boost. Recurring EBITDA guidance increased to 11-12%. A $116 million share buyback is slated for Q4. Accor opened 77 hotels, adding 11,200 rooms, with a portfolio of 859,830 rooms by September 2025. RevPAR for luxury grew by 4.3%, while lifestyle rose by 6.9%. Total revenue reached $1.59 billion, slightly up by 0.1% despite currency and scope effects. 2025 goals include 3-4% RevPAR and 3.5% net growth.

Input your search keywords and press Enter.