LODGING Staff - 10 Minutes News for Hoteliers - Page 87

2 min

Women’s Innovation Council Joins Women in Hospitality Leadership Alliance

📢 The Hospitality Women’s Innovation Council joined the Women in Hospitality Leadership Alliance, founded in 2021, becoming its thirty-fourth member to support women and underserved communities in the hospitality industry. Sponsored by Visual Matrix, the Women's Innovation Council (WIC) was formed in 2023 in Richardson, Texas, and includes hotel executives and technology developers. WIC aims to improve collaboration in hospitality tech and advance industry innovation.

2 min

HAMA Releases Spring 2025 Industry Outlook Survey Results

🏨 In Cambridge, Massachusetts, the Hospitality Asset Managers Association (HAMA) revealed its Spring 2025 Industry Outlook Survey results during the 2025 Annual Spring Meeting. The survey collected insights from 80 hotel asset managers, which is about 33% of HAMA's membership. Key findings include 49% predicting a U.S. recession in 2025, a significant jump from 19% in Fall 2024, and 55% considering changes to brand/management. Concerns over an impending recession rose to 70% among those polled informally during the conference.

2 min

Peachtree Group Announces Grand Opening of TownePlace Suites in Forney, Texas

🏨 Peachtree Group in Dallas, Texas, announced the opening of the 87-suite TownePlace Suites in Forney, Texas, operated for TEKMAK Development. The hotel is 22 miles east of Dallas and features full kitchens, complimentary breakfast, a 24-hour fitness center, and an outdoor pool. In 2023, Peachtree began managing six Texas properties for TEKMAK. Peachtree's hospitality division manages 108 hotels across 28 brands, totaling 13,440 rooms in 26 states, including 35 properties under third-party management.

2 min

Sheraton Philadelphia University City Hotel Begins $60 Million Renovation

🏨 Sheraton Philadelphia University City Hotel in Pennsylvania announces a $60+ million renovation to be completed by 2025. The upgrade, designed by Gensler, includes guest rooms, public spaces, a 24/7 fitness center, and a new outdoor deck. &More café will offer dining experiences. The University of Pennsylvania owns the hotel, which Davidson Hotels operates. The renovation aims to provide a blend of traditional and contemporary styles, with amenities like meeting pods and a multi-use terrace for events and relaxation.

1 min

Blackstone Real Estate to Acquire 6M SF Industrial Portfolio Developed by Crow Holdings for $718M

🏢 Blackstone Real Estate's Core+ funds are set to acquire a 95% stake in a 6 million square feet industrial portfolio for $718 million, with Crow Holdings retaining 5% ownership. The portfolio features 25 Class A buildings mainly in Dallas and Houston. The transaction, showcasing Blackstone's strategy amid market volatility, includes assets in key U.S. industrial markets with limited vacancy. Blackstone currently owns over $90 billion in North American warehouses and nearly $170 billion globally. The deal is expected to close in the second quarter of 2025.

1 min

AHLA Applauds Passage of Budget Resolution

💸 WASHINGTON, D.C. – American Hotel & Lodging Association (AHLA) President & CEO Rosanna Maietta applauded Congress for passing a budget resolution. The resolution prevents a tax increase on American workers and supports small businesses in the hotel and lodging industry, vital as they recover from COVID-19 impacts. AHLA looks forward to further collaboration with lawmakers to benefit hotel operators and employees.

3 min

AAHOA and Kalibri Labs Announce Partnership to Analyze Impact of Federal Policy Changes on U.S Hospitality Industry

📌 In a strategic partnership, the AAHOA and Kalibri Labs launched a national investigation into the impact of federal policy changes on the U.S. hotel industry. Early 2025 findings indicate one-third of U.S. hotel submarkets are outperforming 2024, but a larger share, especially in government and corporate segments, face declines. Over 20,000 AAHOA members and data from 36,000 U.S. hotels are involved. Surveys show 69% of hotel owners report business declines, 50% see reduced government bookings, and 61% are behind 2024's summer booking pace. Government per diem business is down 9% YOY, corporate business down 4%, and future bookings for the next 30 days are pacing 3% behind 2024. Extended Stay brands, however, are outperforming 2024 by 1-2%. California and Florida have submarkets ahead of 2024, indicating a mixed recovery.

2 min

Stonebridge Promotes Team Members to Support Owner-Focused Services

€ handshake;️ Denver, Colorado-based hotel management company Stonebridge announced the promotion of 18 team members across various departments including operations, accounting, technology, legal, risk management, revenue strategy, and commercial services. Key promotions include Chris Cheney to Executive Vice President of Commercial Services and Nasim Mansurov to Senior Vice President of Information Technologies. The move aims to enhance company performance and growth, as stated by President and CEO Rob Smith. Stonebridge is focused on innovation and maximizing returns for owners and investors.

3 min

Palette Hotels Rolls Out Quore Across Its Properties

🏨 Palette Hotels, based in Franklin, Tennessee, is currently deploying the Quore workflow management solution across all 25 properties, enhancing operations for engineering, housekeeping, front desk, and management. Richard Lou, CEO, emphasizes the necessity of technology for efficiency and meeting modern travelers' expectations. Greg Presnol, VP of Operations, highlights Quore's ease of use and anticipates a quick return on investment. Palette Hotels are associated with major brands like Marriott, IHG, Hilton, Hyatt, Choice Hotels, Wyndham Hotels & Resorts, and Best Western. Quore's system promises improved communication, streamlined operations, and actionable data analysis. David Fox, Quore VP, remarks on the positive feedback and the anticipated benefits for Palette Hotels' business decisions.

2 min

Ka Laʻi Waikiki Beach Announces Multi-Million Dollar Renovation Beginning In June 2025

🏖️ Ka Laʻi Waikiki Beach, under LXR Hotels & Resorts, will start a multi-million-dollar renovation on June 2, 2025, in Waikiki, Hawaii. The 15th-anniversary project by Bryan O’Sullivan Studio includes upgrading rooms, suites, public areas, and the 38-story hotel's pool, spa, fitness center, and landscaping, with completion expected in Q2 2026. The property will operate throughout the renovation, enhancing luxury hospitality with a blend of heritage and modernity, featuring custom-designed furniture and Hawaiian-inspired design elements.

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