LODGING Staff
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Choice Hotels’ Clarion Pointe Brand Opens 70th Property

Clarion Pointe Milwaukee, Wisconsin NORTH BETHESDA, Maryland—Choice Hotels International, Inc. opened its 70th Clarion Pointe hotel in Milwaukee, Wisconsin, as the company continues to invest in its midscale portfolio. With 43 additional hotels in the pipeline and 27 expected to open this year in cities such as Galveston, Texas, and Gettysburg, Pennsylvania, Clarion Pointe’s flexible…

LODGING Staff
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Home2 Suites by Hilton Kalispell Celebrates Topping Off Milestone

KALISPELL, Montana—The Hotel Group, an affiliate of Hotel Equities, and TE Miller Development, LLC, announced the topping-off milestone for the Home2 Suites by Hilton Kalispell, Montana. This construction milestone marks the completion of the building’s framework for the 107-room extended-stay property, slated to open in late spring 2025. “It’s always exciting to see a project…

Wyndham to Introduce Microtel Brand to India — LODGING
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Wyndham to Introduce Microtel Brand to India — LODGING

LONDON—Wyndham Hotels & Resorts has signed a development agreement with NILE Hospitality LLP to introduce its Microtel by Wyndham brand to India, marking the eighth Wyndham brand to debut in the country. This alliance enables Wyndham to leverage a regional third-party developer and operator to bring its brand to India. With Wyndham’s global presence and…

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

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…

IHG Hotels & Resorts announced the opening of its first avid hotels
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IHG Hotels & Resorts announced the opening of its first avid hotels

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced the opening of its first dual-branded avid hotels and Candlewood Suites property in North Platte, Nebraska, following the prototype’s launch in 2021. Operating under the ownership of Nightcap Management, LLC, avid hotel and Candlewood Suites North Platte marks the first milestone in an exciting growth trajectory for the dual-brand pairing,…

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

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

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,…