Renovations cause drag on RLJ Lodging portfolio performanceRLJ Lodging Trust CEO Leslie Hale spoke about how REIT executives expect the fourth quarter to deliver improved performance due to better year-over-year comparisons and the completion of renovation projects.
Apple REIT execs encouraged by improving consumer sentimentThough Apple Hospitality REIT has lowered its performance expectations for 2025, executives during the company's second-quarter earnings call spoke about positive signs for the industry.
Choice revises full-year RevPAR outlook down, citing demand softness across USWith the RevPAR of its U.S. hotel portfolio down 2.9% in the second quarter, Choice Hotels International lowered its full-year outlook but also purchased outright Choice Hotels Canada to consolidate its franchise model and boost expansion across Canada.
The high-traffic yet vacant store in Glendale is set to be redeveloped into a park. It hints at the possible uses for the chain's closed properties around the country.
The high-traffic yet vacant store in Glendale is set to be redeveloped into a park. It hints at the possible uses for the chain's closed properties around the country.
At the 17th annual Hotel Data Conference, industry experts shared the latest reports on how the travel industry is responding to macroeconomic factors.
At the 17th annual Hotel Data Conference, industry experts shared the latest reports on how the travel industry is responding to macroeconomic factors.