Accor Shares First Half of 2024 Growth Outlook — LODGING
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Accor Shares First Half of 2024 Growth Outlook — LODGING

ByEasy Travels Booking

The first half of 2024 confirmed Accor’s growth outlook, which was presented at the Capital Markets Day on June 27, 2023, and reiterated in recent earnings and revenue releases. The group’s diversification, both in terms of geographies and segments, plays a role for each of the two divisions. During the first half of 2024, Accor…

U.S. Hotel Performance Increases From the Previous Week
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U.S. Hotel Performance Increases From the Previous Week

ByEasy Travels Booking

WASHINGTON—U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through March 16, 2024. U.S. Hotel Performance March 10-16, 2024 Percentage change from comparable week in 2023:Occupancy: 66.5 percent (down 1.4 percent)ADR: $163.21 (down 2.1 percent)RevPAR: $108.51 (down 3.5 percent) Among the Top 25 Markets,…

Marcus Hotels & Resorts Jointly Acquires Loews Minneapolis Hotel
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Marcus Hotels & Resorts Jointly Acquires Loews Minneapolis Hotel

ByEasy Travels Booking

MILWAUKEE—Marcus Hotels & Resorts announced that it has reached an agreement to jointly acquire the Loews Minneapolis Hotel with Hempel Real Estate and Robinson Park Investments. The terms of the agreement were not disclosed and are subject to the satisfaction of certain standard closing conditions. Upon closing, Marcus Hotels & Resorts will assume hotel management,…