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Chinese New Year Hotel Performance 2025: Market Trends and Standout Cities
2025-02-20 16:47:12| Hotel Resource
Despite a general economic slowdown, several Chinese cities saw positive hotel industry performance during the Spring Festival, with Shenzhen, Zhengzhou and Wuxi standing out.
Category:
Hospitality
U.S. Travel Agency Sales Top $9.3 Billion in January 2025
2025-02-20 16:40:10| Hotel Resource
Agency Sales Stay High to Start 2025 After Record Year
Category:
Hospitality
410 Room Westin Washington, D.C. City Center Hotel Sold for $92M
2025-02-20 16:35:15| Hotel Resource
DiamondRock Hospitality Company has announced the completion of the Westin Washington, D.C. City Center's sale for $92.0 million, marking a significant stride in its long&term earnings and cash flow per share growth strategy.
Category:
Hospitality
The Maxwell Hotel in Seattle Secures $29.5M Refinancing Deal
2025-02-19 18:46:35| Hotel Resource
JLLs Hotels & Hospitality Group arranged the financing for a 139&key hotel in Seattles Queen Anne neighborhood
Category:
Hospitality
Global Hotel Performance Remains Resilient
2025-02-19 18:42:31| Hotel Resource
Despite another challenging year in many respects, the global hotel industry remained resilient in 2024. Through November, global hotel demand reached a staggering 4.8 billion room nights, 102 million more than 2023, resulting in Revenue per Available Room (RevPAR) growth of 3.7%.
Category:
Hospitality
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