News from
Wyndham and Lafayette Ink Deal to Aid Diverse Franchisees
2024-11-14 17:09:04| Hotel Resource
Through this partnership, Wyndham will vet and directly connect eligible owners with Lafayette Square, which intends to provide up to $100 million in combined financing over the coming years to help hoteliers advance otherwise stalled projects.
Category:
Hospitality
LATEST NEWS
U.S. Hotel Industry Reports Performance Dips Despite Las Vegas Boost for week ending November 9th
2024-11-14 17:04:40| Hotel Resource
The industry saw a 3.5% decrease in occupancy, dropping to 62.6%. The average daily rate (ADR) slightly decreased by 0.1% to US$156.11.
Category:
Hospitality
Dusit International and TDF Sign MoU to Develop High&Impact Hospitality Projects in Saudi Arabia
2024-11-14 16:55:13| Hotel Resource
Dusit International has inked a Memorandum of Understanding (MoU) with Saudi Arabia's Tourism Development Fund (TDF). This partnership establishes a framework for developing hospitality projects to enhance Saudi Arabia's tourism sector.
Category:
Hospitality