by Shannon Johannessen | Apr 8, 2022 | Uncategorized
As business travel continues to tick back up, organizations are beginning to look at internal travel as key to creating and maintaining company culture as well as attracting and retaining top talent, according to a new study As travel returns to pre-pandemic norms,...
by Shannon Johannessen | Mar 10, 2022 | Uncategorized
Following a year of careful spending, hotel executives are expected to ramp up activity in renovations and brand conversions to a pace that reflects pre-pandemic levels. Here are some highlights of commentary on capital investments and other internal spending...
by Shannon Johannessen | Jun 8, 2021 | Uncategorized
Paradigm Hotels has signed a definitive agreement to acquire At Mine Hospitality in a transaction valued at more than $8.4 million. Paradigm plans to commit additional capital to grow the pipeline of properties over the next year, across four markets. The transaction...
by Shannon Johannessen | Apr 27, 2021 | Uncategorized
Following a brutal year for the hospitality industry, rebuilding guest trust is undoubtedly the top priority for hotels in 2021 and beyond. Even though hotel industry revenue is projected to increase in 2021 by an additional $25.9 billion, that remains 34% below...
by Shannon Johannessen | Dec 21, 2020 | Uncategorized
Marriott International this week identified health protocol options, including COVID-19 testing, which meeting professionals may select for group meetings at certain Marriott-branded hotels in the United States beginning in January 2021. These optional health...
by Shannon Johannessen | Dec 15, 2020 | Uncategorized
In the first week of December, U.S. weekly hotel occupancy increased slightly from the previous week, according to the latest data from STR for November 29-December 5, 2020. Compared to the week of December 1-7, 2019, occupancy for the week of November 29-December 5,...
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